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Huge Differences Even Among Affluent Consumers

Affluent consumers 65 years of age or older are also the wealthiest, with a $1.6 million dollar net worth on average.

McGladrey to Facilitate Manufacturer-Only Session at MEMA Technology Council Fall Conference

“The purpose of the session is to facilitate dialogue and cooperation among suppliers in order to better focus on technology issues,” said Chris Gardner, MTC group executive and vice president, programs and member services, for the Automotive Aftermarket Suppliers Association (AASA). “Through McGladrey’s leadership, aftermarket suppliers will address the opportunities and challenges in a unique setting.”

U.S. Clean Diesel Automobile Sales Are Up 37 Percent Over 2010

For the year, domestic diesel auto sales have increased by 37 percent over 2010, compared to the overall auto market’s 10.4 percent increase.

Royal Purple Announces Summer SEMA Contest Winners

Two winners were selected in the Royal Purple “Show It Off at SEMA” Contest and one winner from the “Maxfilm Send Me to SEMA” Contest.

The Pulse: Northcoast Research Miles Driven Index for August

Year-over-year miles driven trends remained pressured in August as the Northcoast Research Miles Driven Index decreased 1.6 percent, following a 3.1 percent decline in July. The index fell 0.1 percent in June and was flat in May.

Herman Trend Alert: Increasing Workplace Stress is Hazardous to Health

Employees are working longer hours and enjoying it less.

Mopar’s Pat Muldoon to Lead Vehicle Development for Venchurs’ New Specialty Vehicle Division

Muldoon brings two decades of engineering high-performance vehicles to guide vehicle development at Venchurs Vehicle Systems.

Convicted Corporate Spies are Sentenced in Goodyear Trade Secrets Case

A federal judge Wednesday sentenced two engineers convicted of stealing trade secrets from Goodyear Tire & Rubber Co. to four years probation and 150 hours of community service.

Michael Antonelli Appointed to CAWA Board of Directors

Antonelli has worked in the automotive industry for more than 35 years, beginning his career with GM, Ford and, in 1999, as founder of Vantage Marketing Global Inc.

The Pulse: Northcoast Research Miles Driven Index for July

The Northcoast Research Miles Driven Index decreased 3.1 percent in July, which came on the heels of a 0.1 percent decline in June.