Mindquest and TecDoc Form Joint Venture to Deliver Electronic Catalog for U.S. Aftermarket
Partnership combines significant electronic parts catalog experiences of both companies.
Executive Interview with Dan Freeman, APA President and CEO
In this exclusive interview Automotive Parts Associates (APA) President and CEO sits down with aftermarketNews to talk about WD consolidation, what his members are doing to reduce costs and increase efficiency and why global membership is not a priority for APA.
ZF to Acquire U.S.-based Cherry Corp.
ZF Friedrichshafen AG is expanding its global Driveline and Chassis Technology portfolio with a new, pending acquisition. Upon government approval, ZF will acquire Cherry Corp., headquartered in Pleasant Prairie, Wis. Founded in 1953, Cherry develops as well as produces switches, sensors, control units and electronics modules for the automotive industry, components for industrial and household applications and computer input devices.
The Top Ten News Stories of 2007
For the fourth year in a row, the editorial staffs of aftermarketNews and Counterman magazine have selected what they determined to be the most significant events to impact the automotive aftermarket in the past year. News stories are presented in chronological order.
ArvinMeritor Appoints Art Waldowski VP of Purchasing for CVS
TROY, MI — ArvinMeritor’s Commercial Vehicle Systems (CVS) business has announced the appointment of Art Waldowski as vice president of Purchasing, effective Nov. 1. In his new role, Waldowski will be responsible for leading the global purchasing team and implementing the worldwide procurement strategy for CVS. He will also focus on driving the Direct Material
Latest in Fuel Efficiency, Safety Technology on Display Next Week at MEMA’s DC Ride and Drive Event
Motor vehicle parts suppliers will demonstrate the latest technologies to improve vehicle safety and fuel efficiency at the Motor & Equipment Manufacturers Association’s (MEMA) second annual Ride and Drive, slated for Thursday and Friday, Oct. 4-5, at RFK Stadium, Parking Lots 6 and 7, in Washington, D.C. Members of Congress, federal agency officials, congressional staff and the media will have the opportunity to test drive vehicles and see displays relating to vehicle safety and fuel efficiency, according to Bob McKenna, MEMA president and CEO.
Motor Vehicle Parts Suppliers to Showcase Fuel Efficiency, Safety Technologies at Annual Ride and Drive in D.C.
The Motor & Equipment Manufacturers Association (MEMA) recently announced that it will hold a two-day demonstration of automotive technology that enables vehicles to be safer, cleaner and more fuel efficient. The second annual Ride and Drive is set for Thursday and Friday, Oct. 4-5, at RFK Stadium, Parking Lots 6 and 7, in Washington, D.C. Companies slated to participate include Bendix Commercial Vehicle Systems LLC, BorgWarner Inc., Delphi Corp., Gates Corp., Gentex Corp., GE Plastics, Magna International of America Inc., Meritor WABCO Vehicle Control Systems, Robert Bosch LLC, Valeo Inc. and Webasto Product North America Inc.
Tenneco Interested in Acquiring Parts of Continental AG’s VDO
From AFX News Limited FRANKFURT –Tenneco Inc. is interested in acquiring parts of VDO, the former automotive division of Siemens AG recently acquired by Continental AG, Tenneco’s executive vice president Hari Nair told Handelsblatt. "We will look closely at what of VDO could be put up for sale," he said. Handelsblatt said other potential buyers
Delphi Ends Cerberus-led Financing Deal
Delphi Corp. said Monday it ended a $3.4 billion financing deal with a private-equity firm to take the U.S. auto supplier out of bankruptcy protection. The Troy, MI, company said it still plans to emerge from Chapter 11 by the end of the year. It said its board is scheduled to meet next Monday to consider a new financing agreement. It did not say what the proposed agreement was or who it was with.
Federal-Mogul Announces More Organizational Appointments
Federal-Mogul Chairman, President and Chief Executive Officer Jose Maria Alapont announced several organizational appointments this week. Rainer Jueckstock has been named senior vice president, Powertrain Energy. Gerard Chochoy has been named senior vice president, Powertrain Bearings and Sealings. Rene Dalleur has been named senior vice president, Vehicle Safety and Protection.