Executive Interview with Greg Gyllstrom, Vice President and General Manager of Visteon’s North American Aftermarket Operations
As vice president and general manager of Visteon’s North American aftermarket operations, Gregory Gyllstrom is responsible for expanding the organization’s aftermarket business by coordinating and directing the company’s sales, product development and marketing activities. Recently, Gyllstrom shared with aftermarketNews a few insights into the underhood category as well as Visteon’s evolution from a Ford spin-off into an ‘all-makes/all-models’ supplier.
EDITORIAL: Auto-Industry Obituary for West? Not So Fast
With the recent announcement of plant closings and huge losses, the American automotive industry makes a tempting target for an obituary writer. As West European carmakers shift production to Eastern Europe, it’s tempting to include them, too. Yet reports of the death of carmaking in wealthy countries, experts say, are premature.
Tenneco Wins New Exhaust Aftertreatment Business With International Truck and Engine Corp.
Tenneco has been awarded a contract with International Truck and Engine Corp. to supply exhaust aftertreatment systems for its entire line of medium-duty diesel vehicles with International engines, launching in 2007. The contract is Tenneco’s first in North America for diesel emission control technologies for the medium-duty commercial vehicle segment.
Polk Presents Tenth Annual Automotive Loyalty Award Winners
R. L. Polk & Co. presented the 10th Annual Polk Automotive Loyalty Awards on Tuesday at the 2006 Automotive News World Congress.
Kerkorian Aide Urges Ailing GM to Cut Salaries
General Motors faces a financial crisis requiring that it slash costs from top to bottom — cutting salaries of board members and top executives, hourly wages for factory workers and the dividend for shareholders — financier Kirk Kerkorian’s automotive lieutenant declared Tuesday.
AMN’s Top Ten Week: Top Ten News Stories
If nothing else has been made clear by the events taking place in the automotive industry over the past 12 months, this much is true: The automotive aftermarket is changing — in dramatic ways. Here, the editorial staffs of Counterman and aftermarketNews takes a month-by-month look at the key events that have shaped this industry’s destiny over the past year.
Blue Streak Electronics Receives ISO/TS 16949 Technical Specification
Standard Motor Products announced that Blue Streak Electronics, Canadian manufacturer of the 2534 Global Programmer, has achieved the ISO/TS 16949: 2002 technical specification.
Aftermarket Technology Corp. Reports Third Quarter 2005 Results
Aftermarket Technology Corp. (ATC) has reported its financial results for the quarter ending September 30. For the quarter, ATC achieved record net sales of $123.2 million, which increased from $107.6 million in the third quarter of 2004. Income from continuing operations increased to $8.6 million in the third quarter of 2005 compared to $8.4 million for the third quarter of 2004, while income from continuing operations per diluted share of 40 cents for the third quarter of 2005 matched last year’s third quarter. The company ended the quarter with $50.4 million in net debt.
Tenneco Automotive Reports Record Third Quarter Revenue and Net Income
Tenneco Automotive has reported third quarter net income of $10 million, or 23 cents per diluted share, up from net income of $6 million, or 14 cents per diluted share in third quarter 2004. Adjusted for the items below, net income rose to $12 million, or 27 cents per diluted share, compared with $7 million, or 16 cents per diluted share a year ago.
ThyssenKruppp Questions Future of it US Car Parts Business
German industrial group ThyssenKruppp plans to restructure its struggling car parts business in the United States by either selling the unit or closing some operations, a spokesman for ThyssenKruppp Automotive said last week.