Proliance Announces First Quarter Results, Provides Update on Refinancing Process
Company considering all available refinancing options, but bankruptcy remains a consideration.
TRW Reports First Quarter 2009 Financial Results
The company reported sales of $2.4 billion, a decrease of 42.3 percent compared to the prior year.
UPDATE: Cash for Clunkers Bill Moves Ahead
Earlier this week, aftermarketNews had reported that the White House and the House Energy and Commerce Committee reached an agreement on proposed legislation, however, the agreement was only pertaining to the language contained in the bill. The legislation has not yet passed the House Energy and Commerce Committee, as previously stated.
Mort Schwartz Excellence in Education Award Presented to Northwood’s Jim John
The Mort Schwartz Excellence in Education Award is given annually to the person, institution or company that best represents the automotive aftermarket in the education arena.
Polk Presents Fifth Annual Inventory Efficiency Awards
This year’s winners were recognized during an award presentation at the 2009 Global Automotive Aftermarket Symposium in Chicago.
SPECIAL FEATURE: Economy on the Verge of an Upswing Experts Report at GAAS
Aftermarket execs told to use time now to prepare for future opportunities.
Federal-Mogul Reports First Quarter 2009 Net Loss on Reduced Revenue
Sales better than global market production decline.
ZF Sales Decline Slightly in 2008
Company says it remains strong, technically and financially.
Earl Scheib Acquired by Kelly Capital for $2 Per Share in Cash Merger
This transaction, inclusive of debt assumed and transaction costs, is valued at approximately $16.7 million.
Oshkosh Corp. to Sell Geesink Norba Group to Platinum Equity
Global firm also acquires Alcoa’s electrical division.