Herman Trend Alert: Electronic Connectivity
Rapid developments are underway in the field of electronic connectivity. Sending and receiving e-mail is possible virtually anywhere that you can connect your computer to a telephone line. Internet cafes are plentiful and convenient, especially in countries outside the U.S. International travelers can now stay in touch as they move, increasing their efficiency and peace of mind. The exploding connectivity trend makes it possible to keep in touch with headquarters, clients, suppliers and loved ones.
Hella Expands Production and Aftermarket Facilities
Hella continues to expand its manufacturing facilities and aftermarket sales operations in North America.
Study Says Online Parts Ordering Expands Quickly
Using the Internet to order automotive parts and accessories has increased dramatically, according to a Harris Interactive survey conducted online.
Gentex Reports Record Results for the Fourth Quarter and Year
Gentex Corp., the Zeeland, Mich.-based manufacturer of automatic-dimming rearview mirrors, has reported record revenues and net income for the fourth quarter and year, which ended Dec. 31, 2003.
Universal Technical Institute Discusses Long-Term Strategic Plan in Investor Meetings
Universal Technical Institute’s (UTI) Chairman Robert Hartman, President and CEO Kimberly McWaters and CFO Jennifer Haslip are conducting meetings with investors this week to highlight the company’s growth plan and business outlook.
Automotive Accessories are Clever, Practical
Torque? Struts? Rack-and-pinion steering? Maybe they are important. But what we really want to know is if the console is big enough to store a purse. Or if there’s a way to secure the grocery bags. Or if there’s a place to stow the kids’ DVDs.
MANN+HUMMEL USA Names Thomas to Communications Post
MANN+HUMMEL USA has named Julie Thomas to the position of executive assistant to the president, with responsibility for the automotive supplier’s public relations programs.
Keystone Restyling Products Updates Web Site
Keystone Restyling Products has updated its Web site, www.keystonerestyling.com. The redesigned site is easy to navigate, with a minimal number of clicks, enabling users to find product information as quickly as possible, according to the company.
ArvinMeritor President and COO Terry O’Rourke Resigns
ArvinMeritor announced late yesterday that Terry O’Rourke is resigning from his position as president and COO, to pursue opportunities outside of the company. O’Rourke is resigning from the board of directors as well. The COO position will be eliminated. O’Rourke joined ArvinMeritor as president of the company’s Light Vehicle Systems (LVS) business group in March 1999, after serving as group vice president and president of Lear Corp.’s Ford Division.
Siemens VDO Automotive Expands Detroit-Area Testing Facility
Siemens VDO Automotive is investing $2 million to transform its former machining and tooling shop in Auburn Hills, Mich., into a 5,000-square-foot fuel validation test center for its Powertrain Fuel Supply Systems (FS) division. The project is expected to be complete in May 2004. The new fuel validation laboratory will bring product testing and validation closer to local development engineers and Detroit-based customers, said the company.