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DENSO Develops World’s First Passenger Vehicle Refrigeration Cycle System Using an Ejector

DENSO Corp., parent company of Long Beach-based DENSO Sales California has developed the world’s first refrigeration cycle system for passenger vehicles that uses an ejector. The system is used for both an air conditioner and cooler box and is installed on Toyota Motor Corp.’s Land Cruiser, launched in Japan in September. This system will also be installed in the Land Cruiser launched in October in North, Central and South America, Asia and other regions throughout the world.

Oshkosh Truck Corp. Appoints Desmond Soh to President, Asian Operations

OSHKOSH, WI — Oshkosh Truck Corp. has appointed Desmond Soh as president of its Asian Operations. Working out of the Beijing office, Soh will direct overall Oshkosh Truck activities in Asia with a key focus on business expansion. "Desmond’s background and successful track record in overseeing business development, manufacturing operations and purchasing functions in Asia

Remy Files Prepackaged Plan of Reorganization

With the support of its shareholders, Remy Worldwide Holdings, has elected to begin voluntary proceedings for the company and its domestic subsidiaries, under Chapter 11 of the U.S. Bankruptcy Code. During the reorganization process, which is expected to conclude within 60 days, Remy will continue normal business operations. The company anticipates that it will receive court authority to pay employee wages and benefits without interruption and continue to pay trade creditors and suppliers in the ordinary course of business. Remy’s international operations are excluded from the filing and will not be directly affected.

Senate Passes Bill Banning Asbestos-Containing Products

From AAIA Capital Report WASHINGTON, DC — The Senate passed by unanimous consent on Oct. 3, the "Ban Asbestos in America Act of 2007" (S. 742). Introduced by Sen. Patty Murray (D-WA), S. 742 would amend the Toxic Substances Control Act to require the Environmental Protection Agency (EPA) promulgate regulations prohibiting the importation, manufacturing, processing

Delphi Alters Its Proposal to Exit Chapter 11

Delphi Corp. is working on what it calls "laser-like" changes to its reorganization plan, as the company tries to secure loans it needs to leave Chapter 11 bankruptcy protection. Delphi opened a hearing Wednesday to ask for permission to begin soliciting votes from creditors on the changes, but asked the judge to delay ruling while it negotiates financing to emerge from court protection, the Associated Press reported.

Executive Interview with Steve Reindl, General Manager for Shell Lubricants National Accounts

This week we hear from Steve Reindl, general manager for Shell Lubricants National Accounts. Reindl manages a cross-functional team of sales, category management, forecasting and replenishment specialists. Reindl and his team work with national accounts to improve Shell Lubricants’ position in the automotive aftermarket. Shell was recognized by key customers, AutoZone and Advance, as Vendor of the Year in 2006. Reindl joined Shell in October 2001. Prior to joining Shell, he held progressive management positions with Oscar Mayer, Kraft Foods and Pepperidge Farm. Reindl has more than 20 years’ experience in the commercial industry within the food, mass merchandiser and club retail environment. Join us as Reindl talks about Shell’s position in the aftermarket and his thoughts on the future of the lubricants sector.

Precision Auto Care Announces FY 2007 Year End Results

LEESBURG, VA — Precision Auto Care has announced its financial results for the fiscal year ending June 30. Revenue was $12.1 million and profit was $3.4 million, or 12 cents per share, compared with a profit of $721,000, or 2 cents per share, on revenue of $11.7 million for the prior year. For the quarter

Metzeler North America Announces New CEO

CHICAGO and DETROIT– Metzeler Automotive Profile Systems – North America, recently acquired by Wynnchurch Capital, has named Rob DePierre as its new CEO. Headquartered in the Detroit suburb of Madison Heights, Metzeler is a manufacturer of highly-engineered vehicle sealing systems for doors, windows, trunks, lift gates, sunroofs and hoods. Prior to joining Metzeler, DePierre spent

Executive Interview with Larry Pavey, Senior Advisor, Federated Auto Parts

This week we hear from Larry Pavey, senior advisor, Federated Auto Parts. Pavey is a 30 year aftermarket veteran who began his career at Walker Manufacturing. He worked for Echlin and Dana Corporation for 20 years at the Brake Parts Inc. division where he served as president for 13 years, building the business to one of the largest manufacturers in the industry. After retiring from Dana, he worked with ARI and as a consultant for Global Parts Solutions. Pavey has been an active industry participant, serving on the Board of Directors for ASIA , APAA, AAIA, ASE, MEMA and the Manufacturers Advisory Council for AWDA. He has participated in numerous industry committees and initiatives. Join us as Pavey shares how his previous experiences in manufacturing and direct sourcing give him a unique perspective in his new role in programmed distribution.

CAPA Elects New Members to Technical Committee

WASHINGTON, DC – The Certified Automotive Parts Association (CAPA) has announced the election of Mike Chiu of Pro Fortune; Jim Cochran of Action Crash Parts; Tom Holmes of KSI; David McCreight of Collision Resources, Inc.; Mike Schoonover of Schoonover Bodyworks, Inc.; and Jeanne Silver of CARSTAR to CAPA’s Technical Committee. The CAPA Technical Committee is