Continental Tire North America, in the wake of having received notice that the U.S. National Highway Safety Administration is investigating safety issues of its tires, has issued a statement denying any problems with its tires.Yesterday the company received a notice…
The auction of cars damaged in Tropical Storm Allison is to begin in mid-August, according to a multi-national auction company.In what has been deemed one of the worst storms in U.S. history, Tropical Storm Allison brought over six days of…
In what is effectively a caution for the aftermarket, a new study involving more than 250 of the automotive industry’s leading OEM suppliers claims that quality suffers when vehicle manufacturers place undue cost reduction demands on suppliers. The study also…
With car prices increasing every year, consumers are investing heavily in accessories that can keep their automobiles looking good, but more importantly ensure the protection of their property.While automotive accessories may enhance a vehicle’s features, it is the security devices…
Automotive Aftermarket Products Expo (AAPEX), North America’s largest aftermarket trade show, today announced it has signed 186 new exhibitors so far for the 2001 event, pushing total booth sales to the 97% mark with 4,700 booths sold to more than…
Dana Corporation has announced that its sales for the second quarter of 2001 were $2.8 billion U.S. down from $3.3 billion U.S. for the same period last year, but its Automotive Aftermarket Group registered improved performance. Net income, excluding non-recurring…
A total of 132 students will receive the annual Global Aftermarket Symposium Scholarship in 2001, including 20 Canadian students from schools across the country.The Global Automotive Aftermarket Symposium Scholarship us funded through proceeds from the annual Global Automotive Aftermarket Symposium.…
Market research firm Frost & Sullivan has awarded Dayco Products LLC, a division of Mark IV Industries Inc., the 2001 Market Engineering Aftermarket Product Innovation Award for successfully introducing belt tensioners to the aftermarket.Dayco’s market leading position is rooted in…
Exide Technologies today announced plans to defer the start of full production at its Maple, Ontario, manufacturing facility from October 2001 to the first quarter of 2002. The Maple facility is being converted from automotive battery production to an industrial…
An acclaimed U.S. automotive industry analyst has reported finding an error in the U.S. National Highway Traffic Administration’s database that produces records of Firestone tire failures where there was none.Ed Wallace, host of a weekly radio show and a contributor…
European regulators have given the cold shoulder to the acquisition by General Electric Co. of Honeywell Inc., whose aftermarket brands include Prestone, Fram and Autolite.The European Commission has decided to prohibit the proposed following an investigation into the markets for…
Universal Automotive Industries, Inc., the manufacturer and distributor of brake parts for the automotive aftermarket, has announced that the Nasdaq stock exchange intends to delist its stock.On June 29, 2001 the company received notification from Nasdaq that it did not…