Ford Reports First Quarter 2009 Net Loss of $1.4 Billion
In the first quarter, Ford took a number of actions to strengthen its overall business, and also started discussions with interested parties regarding the sale of Volvo.
Commerce Secretary Locke, Rep. Sander Levin and U.S. Chamber President Donohue to Speak at MEMA’s Legislative Summit
MEMA’s Legislative Summit to take place in D.C. April 29-30
Snap-on Announces First Quarter 2009 Results; Pinchuk Elected Chairman
Global recession and general uncertainty cause expected lower sales and earnings. Company continues planned expansion efforts in emerging-growth markets.
Cooper Industries Reports First Quarter Earnings
During the first quarter of 2009 Cooper recognized a pre-tax restructuring charge of $8.8 million or 4 cents per share relating primarily to reductions in workforce.
Candidates Announced For SEMA Board of Directors Election
The SEMA Board of Directors provides strategic direction to the association and plays a critical role in shaping the future of the automotive specialty equipment industry.
Insurer and Industry Professionals Elected to CAPA’s Technical Committee
CAPA’s Technical Committee (TC) monitors and updates the standards governing CAPA’s quality standards.
Hotel Registration Deadline Extended for 2009 PBES Spring Conference
There is still time to register for the 2009 PBES Spring Conference, which takes place May 12-14.
EPA Proposes to Regulate Greenhouse Gas Emissions Under Clean Air Act
The proposal will be published in the Federal Register in the next several days and then opened to public comment for 60 days.
More Than 40 Percent of China’s Auto Suppliers Face Severe Liquidity Issues, According to AlixPartners Study
Supplier M&A activity expected to increase.
Eleven Suppliers Recognized with 2009 Automotive News PACE Awards
The 15th annual awards program for innovation honors suppliers that contribute products, processes, capital equipment, information technology or services directly to the manufacture of cars or trucks worldwide.