AMN’s Year in Review Series to Appear Later This Week
AKRON , Ohio — The editorial staffs of aftermarketNews.com (AMN ) and Counterman magazine are proud to present the annual Year in Review series on aftermarketNews . The exclusive Year in Review Top Ten series, written by Counterman Editor Brian Cruickshank and AMN Editor Amy Antenora , will include: The Top Ten Distribution Influences of
Stay Tuned for AMN’s Year in Review Series
AKRON , Ohio — The editorial staffs of aftermarketNews.com (AMN) and Counterman magazine are proud to present their annual Year in Review series on aftermarketNews . The exclusive Year in Review Top Ten series, written by Counterman Editor Brian Cruickshank and AMN Editor Amy Antenora, will include: The Top Ten Distribution Influences of 2007, The
The Week in Review (Nov. 12-16, 2007)
By Amy Antenora The Week in Review offers a snapshot of the most highly 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
G&B Distribution Names Derek Billis Director of Service Sales and Engineering
ROCHESTER, MI – G&B Distribution, a supplier of hub assemblies, wheel bearings, window lift motors, regulator assemblies, wiper motors, pulse boards and door lock actuators, has named Derek Billis as director of service sales and engineering. Reporting directly to G&B President Curt Powers, Billis will be responsible for growing the OE parts and service side
G&B Distribution Opens New ISO 9001 Certified DC and Corporate HQ
ROCHESTER, MI – G&B Distribution, a supplier of hub assemblies, wheel bearings, window lift motors, regulator assemblies, wiper motors, pulse boards and door lock actuators, has relocated its world headquarters and main distribution center to an expanded, 40,000-square-foot facility in Rochester, MI. The company said the new location, just north of Detroit, will provide greater
Autobacs Forms Credit Line of Up to $823 Million for Acquisitions
Japanese automotive parts and accessories retailer Autobacs Seven Co. has established a committed line of credit capped at $822.8 million, to finance the acquisition of competitors inside and outside Japan. Autobacs intends to boost domestic sales, including those at its franchised stores, to approximately $3 billion by fiscal 2008 from the fiscal 2006 level of $2.5 billion.
Mitsubishi Heavy Industries to Launch Automotive A/C Ops for Hybrids
From Asia Pulse TOKYO — Mitsubishi Heavy Industries Ltd. will establish an automotive air conditioner business for supplying hybrid vehicles, The Nihon Keizai Shimbun reported Sunday. The industrial machinery conglomerate has secured orders from two major U.S. automakers. It will begin mass-producing compressors at a Mie Prefecture facility in 2007, and a high-volume production line
Chinese Auto Part Makers Seek Overseas Mergers and Acquisitions
China’s auto part sector will see more overseas mergers and acquisitions in the years ahead, as more local Chinese manufacturers look for overseas partners, insiders predicted. Huaxiang Group, one of the world’s top 500 auto part companies, announced earlier this month that it had acquired a subsidiary of the world’s third largest auto part maker, Lawrence Automotive Interiors.
China’s Fuyao Set to Bid for Ford’s Glass Assets in U.S.
Fuyao Glass Industry Group Co Ltd, China’s largest auto glass manufacturer, is expected to submit a final bid to acquire Ford Motor Co’s North American auto glass-making operations, according to sources close to the company.
EDITOR’S INK: Oh, Give Me a Home
Should anyone be worried that Home Depot has announced it will test market automotive products at its stores? Did the aftermarket earth shudder last month when Home Depot announced it would begin testing the sale of automotive products?