Goodyear Hosts High School Interns as Part of Racing and Diversity Program
Company offers at-track experiences and more than $35,000 in scholarships.
Goodyear Announces Diversity Program, More than $30,000 in Scholarships Available Annually
The Goodyear Tire & Rubber Co. today officially unveiled the Goodyear Racing and Diversity Program, an initiative the company started to provide high school students with a once-in-a-lifetime opportunity to experience the many career paths offered through the sport of NASCAR. Goodyear is the exclusive tire supplier of NASCAR’s three largest series. The program, offered in Daytona Beach, Los Angeles, Atlanta, Dallas, Detroit and Dover, DE, will provide more than 60 interested minority students annually with a graduated program of at-track experiences, internships and ultimately, the opportunity to receive one of six scholarships to help continue their education.
The Top Ten News Stories of 2007
For the fourth year in a row, the editorial staffs of aftermarketNews and Counterman magazine have selected what they determined to be the most significant events to impact the automotive aftermarket in the past year. News stories are presented in chronological order.
PACCAR Reports Record Revenues and Profits
PACCAR achieved record revenues and net income for the first quarter of 2006, according to Mark Pigott, chairman and chief executive officer. PACCAR earned $342 million ($2.02 per diluted share) for the first quarter 2006, an increase of 25 percent compared to the $274 million ($1.56 per diluted share) earned in the first quarter of 2005. First quarter net sales and financial services revenues were $3.85 billion versus $3.33 billion for the first quarter of last year. The company’s after-tax return on consolidated revenues (ROR) was a record 8.9 percent in the first quarter of 2006 compared to 8.2 percent in the first quarter of 2005.
Fel-Pro Publishes 2005 Gaskets Catalog Supplement
Fel-Pro has published a record-breaking master catalog supplement featuring 418 new part numbers – including 21 new Fel-Pro PermaTorqueMLS multi-layer steel head gaskets — covering a broad range of popular domestic and import engines. The new supplement, No. 900S-05, is the largest mid-year catalog update in the brand’s 87-year history.
DaimlerChrysler CEO Schrempp to Step Down
DaimlerChrysler CEO Juergen Schrempp, architect of the controversial merger between Daimler-Benz and Chrysler Corp., will step down and turn the top job over to Chrysler head Dieter Zetsche, the company said Thursday. Zetsche will be replaced at Chrysler by current No. 2 Thomas LaSorda in changes that take effect at the end of the year. Chrysler executive Eric Ridenour will take LaSorda’s place.