The Week in Review (April 9-13,2007)
By Amy Antenora Editor The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
Mitchell 1 Announces Availability of OnDemand5 Manager/ManagerPlus, Version 5.9
Mitchell 1 has announced the availability of its OnDemand5 Manager/Manager Plus, Version 5.9, which supports a new integration to the NAPA Web-based catalog; providing installers the ability to look-up and transfer NAPA parts to their management system work orders with just a few, simple clicks of their mouse. Current users of Manager/ManagerPlus will receive a free upgrade to the new version.
Midas Reports 2006 Earnings Per Share of 67 Cents after Special Charges for Shop Upgrades, Closings
Midas has reported net income of $10.5 million—or 67 cents per diluted share—for the fiscal year ended Dec. 30, 2006, after pre-tax business transformation charges of $3.3 million, operating losses related to the company’s former exhaust manufacturing business of $1.2 million and stock option expense of $2.2 million. Midas also realized pre-tax gains on asset sales of $3.4 million during the year.
The Marx Group Listed Among Top 10 Advertising and Marketing Firms
SAN RAFAEL, CA — The Marx Group was named one of the “Top 10 Advertising and Marketing” firms in a recent edition of the North Bay Business Journal. The company presented a plaque to The Marx Group in honor of the “company’s very prestigious recognition in North Bay Business Journal as being one of the
Jeffrey Ross Named Product Manager for Siemens VDO Service & Special Solutions
ALLENTOWN, PA — Siemens VDO, a supplier of automotive electronic/electrical systems and components, has appointed Jeffrey Ross as product manager. The announcement was made by Bill Setter, director of business development, Instrumentation Business Unit at Siemens VDO Service and Special Solutions. Setter indicated that Ross will be responsible for managing the company’s existing product portfolio
Executive Interview with Lee Murray, General Manager, Dana Engine Parts Division
In this week’s Executive Interview, we hear from Lee Murray, general manager for Dana’s Clevite Engine Parts Division. Murray assumed this role in April 2006 and has responsibility for all functions associated with the Clevite, Perfect Circle and Victor Reinz brands. He originally came to Clevite in 2004 as vice-president of marketing. Join us as Murray talks about the sale of Dana’s Engine Parts division to MAHLE, the general health of the engine business and more.
The Top Ten Newsmakers of 2006
For the third year in a row, the editorial staffs of aftermarketNews and Counterman magazine have selected 10 individuals who have made an impact on the industry this past year. The list is presented in alphabetical order.
Illinois Auto Parts Chain Adds 10th Store
An auto-parts supply store in Petersburg, IL, has become the 10th outlet in the Quincy Automotive Supply chain. It also becomes the second acquisition in less than six months for the Springfield, IL-based company. The company, which is affiliated with NAPA Auto Parts, has been based in Springfield since 1944. About 90 percent of its business is with wholesale customers, such as repair shops and automobile dealerships.
Babcox ‘Tech Group’ Magazines Present 2006 Readers’ Choice Awards
For 10 straight years, Underhood Service, ImportCar and Brake & Front End magazines have recognized the advertisers that are the foremost communicators in the industry with their annual Readers’ Choice Award. Awarded by each magazine to only 10 companies, the winners are determined by surveys conducted by Babcox Research that asks readers which ads they recall seeing and reading.
Car Care Council Women’s Board Announces 2006 Automotive Communications Award Recipients
BETHESDA, MD – The Car Care Council Women’s Board (WB) announced the recipients of the 2006 Automotive Communications Awards. The winners were honored during the Women’s Board reception, which took place Oct. 31, at the Sands Expo Center during AAPEX. The Automotive Communications Awards are sponsored by the Women’s Board and supported by the Automotive