ArvinMeritor Announces Plans to Divest Light Vehicle Aftermarket and Coil Coating Businesses
ArvinMeritor today announced that it plans to divest its Light Vehicle Aftermarket (LVA) business group and to take a non-cash goodwill impairment charge of $190 million, or $2.77 per diluted share, in its LVA business in the fiscal fourth quarter of 2004.
FTC Letter Rekindles Right to Repair Flame
In the continuing legislative process regarding HR 2735 — The Motor Vehicle Owner’s Right to Repair Act, the Federal Trade Commission (FTC) recently sent a letter to U.S. Rep John Dingell (D-Mich.), a member of the Energy and Trade Committee, in response to the Dingell’s request for feedback from the FTC on the proposed legislation.
Charting Your Supply Chain DNA — The Transformation Roadmap
What is the roadmap that successful companies follow in redefining their supply chain? Technology companies like Apple, Cisco, Dell and others are setting the trend toward faster innovation cycle times and shorter time to market. Supply chain velocity and agility are the bedrock of their competitive differentiation. As this transformation gradually cascades across industries, including automotive, implementation of the supply chain lifecycle based on the DNA building blocks we have been talking about can help companies manage these transformations effectively. The DNA building blocks represent strategies and distinguishing capabilities that have been implemented by the business-innovation leaders.
ThyssenKrupp Budd Promotes Robert Soulliere as Sector Chief
ThyssenKrupp Budd has announced several new executive management appointments and retirements at the company’s corporate headquarters. Robert Soulliere has been named president of the company’s Body Stamping & Plastic Sector. He replaces Richard Urso, who is retiring after 39 years of service. Also retiring from ThyssenKrupp Budd is Charles Davis, corporate vice president, marketing and sales.
David Vivian Joins Pro-Spray European Automotive Paints
Pro-Spray European Automotive Finishes announced today that David Vivian has joined the company as a territory sales manager. He will be responsible for the implementation of sales efforts to develop, service and grow markets in his region, and will report to Tom Gardner, business unit director, paints and coatings.
Charting Your Supply Chain DNA — The DNA Building Blocks
What is the genetic structure of a successful supply chain? This week we want to dig a little deeper into the major elements that make a supply chain competitive.
Retailers Hope Customers Will Tune in to Ads As They Shop
Customers rushed in and out of a Roanoke, Va., Advance Auto Parts store on a rainy afternoon this week. Most walked without pausing past two televisions flashing above the cash registers and three sets hanging in the middle of the store. Televisions advertising the latest car gadgets, Advance promotions and daily sports and weather updates aren’t new for the Roanoke, Va.-based automotive parts chain. They first were installed in some Advance stores five years ago. Now they’re in all its stores.
Precision Tune Auto Care Signs Agreement With Hong Kong Company to Open 330 Centers in China
Precision Auto Care, Inc. (PACI) on Tuesday signed a master franchise agreement with Hung Yue Holdings (Hong Kong) Co., Ltd. giving that firm’s affiliate, Precision Tune Auto Care (China) Co. Ltd., a license to open and operate at least 330 Precision Tune Auto Care (PTAC) car care centers in China over the next seven years. The first PTAC center is scheduled to open early next year.
Charting Your Supply Chain DNA — The Integrated Operating Model
In our previous article, we outlined five key challenges facing today’s supply chain architects. Starting this week, we want to present a dramatic new approach to supply chain engineering that responds to these challenges.
Steel Prices Show No Sign of Falling
Twelve straight months of increases have more than doubled steel prices — and there’s little immediate sign that end-users in the manufacturing, construction or automotive industries will be getting a break anytime soon.