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 the page to begin catching up on the latest industry news.
Editor’s Note: The Week in Review email, normally distributed on Friday afternoons, is being sent today following the Good Friday holiday.
Our top news story on aftermarketNews (AMN) last week, according to our weekly analysis, told of former United Components brand Neapco and its bid to buy Ford’s auto parts plant in Monroe, MI. The plant produces driveshafts, catalytic converters and other parts. Neapco was sold by United Components last July to China-based automotive parts maker Wanxiang Group.
The automakers made it into our top news stories for a second time last week when Chrysler AG chief Dieter Zetsche confirmed that the carmaker is in talks to sell the U.S. Chrysler brand. Two private equity firms have officially put their hats in the ring; Blackstone Group and Cerberus have both made formal bids for the company.
AMN readers were also interested to learn about Pat Young Service Co.’s new warehouse space in Valley View, OH. In an exclusive report, Counterman magazine Editor Brian Cruickshank highlighted the features of the new location, which include 140,000-square-feet of warehouse space as well as new office space.
Also in our highest read news stories last week was a report on ALLDATA’s recent victory over software piracy. ALLDATA was awarded $165,000 in damages from Leroy R. Reber of Fort Worth, TX, whom the company sued for trademark infringement, unfair competition and copyright infringement. ALLDATA also obtained a permanent injunction against Reber.
To view all of the news from the past week, simply click on the link for each corresponding day:
