Magna to Take Auto Parts Subsidiaries Intier, Decoma and Tesma Private
Magna International Inc. has made a $1.3-billion bid to take its three publicly traded auto parts subsidiaries private in a move the company says will help it win business from Japanese and South Korean carmakers.
2004 Aftermarket Web Challenge Finalists Announced
The MEMA Information Services (MIS) Council recently announced the finalists for its annual Aftermarket Web Challenge. This year’s finalists are Car Components Technologies in Bedford, N.H.; KEM Manufacturing Co. in Fairlawn, N.J.; and Robert Bosch Corporation in Broadview, Ill.
Edelbrock Exhibit to Be Shown at Wally Parks NHRA Motorsports Museum
For nearly 67 years the name Edelbrock has been synonymous with performance and racing. The story of this remarkable family and company, which helped shape the hot rod car culture and launch an industry, began in 1938 with Vic Edelbrock Sr. working in a small garage in Los Angeles. It continues today with Vic Edelbrock Jr. at the helm of the $115 million-plus Edelbrock Corporation. Now this story of ingenuity and automotive performance will be told through a special exhibit at the Wally Parks NHRA Motorsports Museum, presented by the Automobile Club of Southern California.
Rift Harming Auto Industry
The tense relationship between Detroit’s automakers and their suppliers was on display Wednesday as executives from both camps spoke about cooperating and collaborating while taking subtle or direct swipes at each other.
Portals Help Manufacturers Predict Delays in Material Shipments
It’s 10 o’clock on Sunday night — do you know where your raw materials, parts, components and sub-assemblies are? That shipment of motors from Taiwan? The load of automotive frame parts bound for the Port of Oakland that you’ll need a week from Thursday on a just-in-time basis? How about those disk drives and capacitors your materials chief ordered from a new supplier in China for your finished-goods assembly plant? Chances are, if yours are among the billions of dollars worth of goods crossing the Pacific Ocean — or any ocean, for that matter — you’re not sure where your cargo is.
Dealership Parts & Service Takes Aim at the Aftermarket
Would you sell parts to your competitor? In all probability, you already do. While your driver delivers aftermarket parts through the OE dealership service department’s front door, OE parts are going out that same dealership’s backdoor to your best installer customers.
Meineke Raises $43,000 for Children’s Miracle Network
Charlotte, NC-based Meineke Car Care Centers recently donated more than $43,000 to the Children’s Miracle Network (CMN) during the charity’s Annual Broadcast on June 5th and 6th. Now in its 7th year as a CMN sponsor, the Meineke chain has contributed more than $500,000 to Children’s Miracle Network, which supports children’s hospitals across the U.S. and Canada.
Aftermarket Web Competition to be Held at Upcoming MEMA Technology Conference
The MEMA Information Services Council Board of Directors has announced a call for applications to the annual Aftermarket Web Challenge. The Aftermarket Web Challenge is the automotive aftermarket’s oldest and most recognized award for Web application excellence. It is sponsored by the Motor & Equipment Manufacturers Association (MEMA) Information Services Council (MIS Council) and is held in conjunction with the organization’s annual Fall Conference.
New Aftermarket Foundation Video to be Shown at AAPEX Town Hall Meeting
In an effort to increase industry awareness of the philanthropic organization, the Aftermarket Foundation has developed a new marketing video, along with a redesigned Web site and brochure. The approximately seven-minute video, shot by former NASCAR Performance producer Joe DePaulis, will be unveiled at the Town Hall meeting, which takes place this fall during the 2004 AAPEX Show.
Retooling a Pool of Talent: Michigan Reaches Out from Brawn to Brains
Diego Rivera’s famous mural of Detroit’s industry depicts big, muscular men pulling on steel and manipulating heavy machines as they mold new cars. But if Rivera were here today, how would he see the city? Probably not muscling steel girders around. He’d see MBAs and computer geeks creating the modern automotive world in front of their computers.