Federal-Mogul Reports Strong Fourth Quarter, Full Year 2013 Results
Company says sales were up 10 percent in the fourth quarter, and five percent for the full year.
Industrial Parts Depot And BU Drive USA Announce Joint Venture Turbocharger Supply Company
This new organization will focus on sales and service for the distribution of BorgWarner, Holset, IHI and Mitsubishi turbochargers, and will provide IPD Remanufactured Turbos.
Automotive News 2013 PACE Award Winners Announced
The 2013 Automotive News PACE Awards were presented April 15 at the Max M. Fisher Music Center in Detroit. Awards were presented in four categories: Product, Manufacturing Process and Capital Equipment, Information Technology and Innovation Partnership Winners.
Federal-Mogul To Become Exclusive Independent Aftermarket Distributor Of BERU Ignition Products
Federal-Mogul also will become the exclusive licensee of the BERU brand name for the sale of ignition products in the aftermarket.
Gabelli & Co. Inc.’s 36th Annual Automotive Aftermarket Symposium Slated for Oct. 29-30
The two-day conference will showcase a full spectrum of leading automotive companies, including aftermarket parts retailers, original equipment and aftermarket parts suppliers, publicly traded dealership groups, and medium and heavy-duty truck manufacturers.
Association of Diesel Specialists 2012-2014 Leadership Takes the Reins
Andy Girres, owner/president of Diesel Specialties Inc. of Sioux City, Iowa, was recently elected president of the Association of Diesel Specialists (ADS). He began his term Aug. 1 during the ADS International Convention & Tradeshow.
Federal-Mogul Announces Second Quarter Operating Results
Company initiates $60 million restructuring program to improve footprint.
Federal-Mogul Purchases BERU Spark Plug Business
The acquired units will add approximately $80 million annualized sales and increase Federal-Mogul’s annual spark plug production capacity to more than 350 million per year.
Roger Wood Becomes Dana’s New Chief Executive
Former BorgWarner exec joins Dana April 18. Executive Chairman and Interim CEO John Devine to retire June 30; Keith Wandell will become non-executive chairman.
More Donations Flow to Aid Japan Relief Efforts
Automakers and parts suppliers work to return to production.