Hankook Tire Boosts Sales in 2003
Hankook Tire America Corp. has reported one of its strongest 12-month sales periods in the company’s history. Increased supply from overseas and major OE contracts played pivotal roles in boosting 2003 sales, according to Bill Bainbridge, marketing director for Hankook.
Jim Pearl Rejoins Denman Tire Corp.
James Pearl has rejoined Denman Tire Corp. as senior vice president of sales and marketing. Pearl worked for Denman for ten years prior to leaving in late 2002 to pursue other opportunities. Pearl will once again have overall responsibility for the sales and marketing functions and will be leading and coordinating the efforts of the sales and marketing department.
Earl Scheib Adds Two Board Directors
The board of directors for Earl Scheib Inc. has appointed James Burra and Salvatore Zizza as members. The board also accepted the resignation of Gregory Helm from the board. Helm resigned to pursue other interests. Earl Scheib is a nationwide operator of 115 auto paint and body shops throughout the U.S.
Durakon Relaunches Web Site
Durakon, a leader supplier of drop-in bedliners, has unveiled a new and improved corporate Web site — www.durakon.com
Restructuring Charges Drive Midas to a Net Loss of $76.2 Million in 2003
Midas reported a net loss of $76.2 million — or $4.93 per diluted share — for fiscal 2003, which ended Jan. 3. Midas said the loss is primarily the result $102.6 million in charges related to its restructuring, completed in April. As part of the restructuring, Midas exited its wholesale distribution business and refocused its resources on retail franchising and real estate businesses.
Crump to Chair NACE 2004 in Las Vegas
The International Autobody Congress & Exposition (NACE) has re-appointed Vernon Crump, body shop director for John Eagle Collision Center in Dallas, Texas, as chairman for NACE 2004, which will be held Nov. 3-6, in Las Vegas, to coincide with Automotive Aftermarket Industry Week (AAIW). Crump was NACE 2003 chairman and received accolades for his leadership and experience, and for the innovative programs he introduced at NACE to spotlight new technologies and to strengthen industry and global relationships.
Final Deadline for AASA Top Suppliers List — Friday, March 5
The final deadline to submit information for the 2004 Top Automotive Aftermarket Suppliers List is quickly approaching. Information for this free listing must be submitted by Friday, March 5. Published by Automotive Aftermarket Suppliers Association (AASA), the aftermarket segment of the Motor & Equipment Manufacturers Association (MEMA), and produced by Babcox Publications, this multi-page, full-color publication will be distributed with the May issue of Counterman magazine, which reaches more than 50,000 automotive aftermarket parts distribution professionals every month.
BWD Automotive Offers New BorgWarner Brand Emission Control Systems Parts Catalog
BWD Automotive has announced the availability of its BorgWarner brand Emission Control Systems Parts catalog, No. EC-04. The catalog lists applications for emission control systems parts for North American and imported passenger cars and trucks in an easy-to-use format. All model years are covered, including both light duty and medium duty trucks.
Hella Receives Award for Technical Innovation
Global automotive lighting and electronics supplier Hella KG Hueck and Co. has received a “Trophy of Excellence” for its technical innovations in the field of electronically-controlled bend lighting.
Speedway Motorsports Announces Executive Appointments
Speedway Motorsports (SMI) has appointed James Holden, former CEO and president of DaimlerChrysler, to the company’s board of directors. Holden recently completed 27 years in the automotive industry including 19 with DaimlerChrysler, and its predecessor, Chrysler Corp. Highlights of his career include being named president of DaimlerChrysler in 1999 and CEO in June 2000.