Monro Muffler Brake to Acquire Mr. Tire Locations from Mile One Automotive
Monro Muffler Brake has signed a definitive agreement with privately held Mile One Automotive to acquire 36 Mr. Tire locations in Maryland and Virginia. The company has no plans to close any of the Mr. Tire locations, and the stores will continue to operate under the current brand name. Monro also said it intends to retain substantially all Mr. Tire store employees.
GM Recalls Popular SUVs for Electrical Risk, Second Major Recall for GM This Month
General Motors said Monday that it will recall 636,000 of its most popular 2002 and 2003 midsize SUVs because of a windshield wiper system electrical problem that’s been tied to two crashes. GM plans to begin notifying owners starting in July, when they will be told to go to a dealer to have a vent hole in the windshield wiper system patched so that water does not leak in. The leaking water can corrode wiring, GM said, which in turn can lead to a short circuit or windshield wiper problems.
Dura to Close a Tennessee Plant
Dura Automotive Systems, once the largest manufacturing employer in Tennessee’s Bledsoe County, will close its plant there in June and lay off the 80 workers left from a workforce that was 500 strong four years ago.
Delphi Achieves Record $3.2 Billion in Commercial Vehicle Business Bookings in ’03
Delphi achieved a record $3.2 billion in new commercial vehicle business bookings during 2003, according to company officials. Much of the new business is with Delphi’s engine management systems, along with audio, safety, climate control and electrical/electronic distribution systems, according to Maggart. While every major region saw a business increase during the year, a majority of the growth came from Asia-Pacific and Europe.
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.
Universal Technical Institute Signs Lease for New Campus in Pennsylvania
Universal Technical Institute (UTI) has entered into a long-term lease agreement for a new UTI campus near Exton in southeastern Pennsylvania. Encompassing approximately 160,000-square-feet, the new facility is expected to open in summer 2004. The new UTI-Exton campus will initially offer programs in automotive technology to diagnose, service and repair automobiles.
Executive Interview with Rich White, Vice President of Marketing & Communications, AAIA, and Executive Director of the Car Care Council
Rich White is vice president of marketing and communications for the Automotive Aftermarket Industry Association (AAIA). He oversees marketing, public relations, media relations, publications, Web sites and most recently, the Car Care Council and the “Be Car Care Aware” consumer education campaign. With National Car Care Month just around the corner, White provided aftermarketNews.com with an update on the “Be Car Care Aware” consumer education campaign and the Car Care Council’s plans for this year. He also shared how aftermarket companies can become more involved in the campaign.
MACS Announces New Sponsorships for 2004 Convention
Four Seasons, a division of Standard Motor Products, has announced its sponsorship of “Crank it UP!” — the 24th annual Convention and Trade Show of the Mobile Air Conditioning Society (MACS) Worldwide. The convention takes place January 22-24 at the Caribe Royale All-Suite Resort in Orlando, Fla. Sanden International has announced its gold sponsorship of the event, bringing drag racing legend Big Daddy Don Garlits to the convention to present the keynote speech during a luncheon on Saturday, January 24th at noon. Garlits will speak on teamwork and working toward success.
ASA Announces Dates, Location, Theme for CARS 2004
The 2004 Congress of Automotive Repair and Service (CARS) will be held Nov. 4-6. CARS 2004, sponsored by the Automotive Service Association’s (ASA) Mechanical Division, is an official event of Automotive Aftermarket Industry Week (AAIW), held annually in Las Vegas. This year’s event will take place at a new venue — The Flamingo Las Vegas — more conveniently located near the Sands Expo Center, the home of the Automotive Aftermarket Products Expo (AAPEX).