Carlisle to Exit the Automotive Business
Carlisle Companies Inc. has announced it will exit the automotive business, which it currently serves through its Carlisle Engineered Products division. Carlisle is a diversified global manufacturing company serving the construction materials, commercial roofing, specialty tire and wheel, power transmission, heavy-duty brake and friction, foodservice, data transmission and process systems.
The Year in Review – A Look at the Top 10 News Stories of 2004
Whether you believe 2004 was a good or bad year for the aftermarket, no one can argue this was a big news year for our industry. The year included noteworthy shifts in leadership, mergers, acquisitions and more, most of which will significantly impact the industry for many years to come. Here’s a month-by-month look at what aftermarketNews.com considers to be biggest news events that happened in our industry in 2004.
SAE to Celebrate 100 Year Anniversary with Salute to 100 Years of Mobility Engineering
Society of Automotive Engineers (SAE) will commemorate a century of mobility engineering as the centerpiece of its 100th anniversary celebration next year. As the world’s largest and most well known organization serving mobility professionals, SAE has played a significant role in spearheading and actively supporting the mobility industry’s development. From humble beginnings serving a few engineers in 1905, SAE has grown from an association for automobile manufacturers to now represent aerospace, off-highway machinery and motorsports engineers as well.
Cypress Group Announces New Name for Automotive Aftermarket Group Unit
The Cypress Group announced today that the automotive aftermarket business it is in the process of purchasing from Dana Corp. will be named “AFFINIA” after the transaction is completed. The announcement was made by Michael Finley, managing director of Cypress. “The name AFFINIA reflects the collaborative approach the business maintains with its many constituents,” said Finley. “It describes the spirit of teamwork and service that guides the way the aftermarket team does business with its customers, and also speaks to the collaboration and teamwork that characterize the way the company’s people interact each day.
Executive Interview with Hoon Chung, President & CEO of DST, Inc.
Our latest edition of “Executive Interview” features Hoon Chung, who was recently named president and CEO of DST, Inc., in Mission Viejo, Calif. Chung has more than 20 years of management experience in supply chain management and technology deployment services. Prior to his role as the Automotive Group senior vice president and general manager at Activant, he was the COO of Adexa, Inc., which delivers intelligent enterprise business planning and performance management solutions that link strategic, tactical and operational aspects in optimizing enterprise-wide supply chain planning and synchronization. Chung recently talked with aftermarketNews.com about his new appointment to lead DST, what he envisions for the company’s future and what he brings from his experience in other industries.
Raytech Announces Second Quarter Results for 2004
Raytech Corp., which makes wet and dry clutch, power transmission and brake systems for automotive OEM, heavy-duty on-and-off highway vehicles and aftermarket vehicular power transmission systems, has reported results for the second quarter of 2004.
Executive Interview with Scott Meyer, President of MEMA
Our latest edition of “Executive Interview” features Scott Meyer, outgoing chairman of the Motor and Equipment Manufacturers Association (MEMA). As he concludes his time as chairman of the association, he steps into a new role as interim president of MEMA, which is in the midst of celebrating its 100-year anniversary. Join us as Meyer shares his insights on the anniversary of MEMA’s centennial, and what lies ahead for both MEMA and the entire industry.
Engine Manufacturers Will Work to Meet the Challenge of EPA’s New Nonroad Diesel Engine Regulation
The Engine Manufacturers Association (EMA) responded positively to the announcement of the nonroad diesel engine and fuel regulation finalized recently by the U.S. Environmental Protection Agency (EPA).
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.
Executive Interview with John Washbish, President – Customer Relationship Management, Dana Automotive Aftermarket Group (AAG)
Every other week, aftermarketNews.com offers an interview with a high-profile individual in the automotive aftermarket. We give executives free rein to express their views on anything from the state of their corporations to recent legislative news to future trends in their niche markets. Here you see what matters to the newsmakers themselves.