.png)
News
News Auto Repair & Service B2B Vertical Markets Inc. invests in NET3F Inc.,
April 27, 2001 by
Auto Service World
Mediagrif Interactive Technologies Inc. announced today that B2B Vertical Markets Inc., a strategic alliance between Royal Bank of Canada and Mediagrif, is purchasing shares in NET3F Inc., an established company bringing B2B solutions to the automotive industry. B2B Vertical Markets…
News Auto Repair & Service AIA Golf Tournament Date Announced
April 27, 2001 by
Auto Service World
Registrations are now being taken for the Automotive Industries Association of Canada Central Ontario Division 2001 Summer Classic Golf Tournament.The tournament, to raise funds for the Marion Roberts Scholarship Fund, is being held at the Springfield Golf & Country Club…
News Auto Repair & Service ArvinMeritor to Close Tennessee Plant
April 26, 2001 by
Auto Service World
ArvinMeritor, Inc. has announced its decision to relocate its light vehicle aftermarket operations from Pulaski, Tenn. The company cited weakened conditions in the light vehicle aftermarket segment and a necessity to maximize cost synergies as the reason for the moving.…
News Auto Repair & Service TRW Selects Aftermarket E-Commerce Provider for Europe
April 26, 2001 by
Auto Service World
Intershop Communications, Inc. has been selected by TRW’s automotive aftermarket business to take its sales and distribution channels online in eight European countries. As the chosen e-business platform, Intershop Enfinity provides a quickly deployable, high-performance, scalable and extensible foundation on…
News Auto Repair & Service StatsCan Puts Auto Parts Retailers Growth Near Top
April 25, 2001 by
Auto Service World
Auto parts retailers were one of the bright lights in Statistics Canada’s February 2001 retail sales statistics.In the report sales by retailers of automotive parts, accessories and services advanced 2.4%, while higher prices for gasoline at the pump pushed sales…
News Auto Repair & Service Tenneco Automotive Reports Loss, Encouraged by Results of Changes
April 24, 2001 by
Auto Service World
Tenneco Automotive reported a net loss of $31 million U.S., or 84 cents per diluted share, for the first quarter of 2001.These results include pre-tax restructuring charges of $12 million (23 cents per share), pre-tax environmental charges of $6 million…
News Auto Repair & Service Federal-Mogul Sells Off TCI
April 24, 2001 by
Auto Service World
Federal-Mogul Corporation has completed the divestiture of its torque converter business, TCI, to Competition Cams, Inc.TCI remanufactures torque converters for high-performance automotive aftermarket applications. TCI became a part of Federal-Mogul when the company purchased Fel-Pro in 1998. TCI had net…
News Auto Repair & Service SPX Results Exceed Expectations
April 24, 2001 by
Auto Service World
SPX Corporation announced first quarter 2001 financial results that exceeded analysts expectations. First quarter 2001 results included $680.4 million in revenues and earnings per share of $1.14 or $1.21 before special charges. All values in U.S. dollars. John B. Blystone,…
News Auto Repair & Service Crash Tests Show SUVs Vary
April 23, 2001 by
Auto Service World
One of three small sport utility vehicle designs, new for 2001, earns a good overall rating based on performance in a 40 mph frontal offset crash test conducted by the Insurance Institute for Highway Safety. The Hyundai Santa Fe earns…
News Auto Repair & Service Carquest Announces 2000 Vendor And Supplier Awards
April 23, 2001 by
Auto Service World
Carquest Auto Parts has announced Carquest Exhaust and Shocks by ArvinMeritor as its 2000 Vendor of the Year. “Carquest Exhaust and Shocks by ArvinMeritor exemplify the standards for our vendors,” said Pete Kornafel, president of Carquest Corporation. “They meet and…
News Auto Repair & Service Honda Civic most requested car, Caravan debuts fifth
April 20, 2001 by
Auto Service World
Canadian automotive e- commerce service, Autobytel.ca, unveiled its latest Top 10 list of most requested new vehicles in Canada, revealing the Honda Civic in the top spot.Also, for the six month period ending March 2001, the Dodge Caravan and Toyota…
News Auto Repair & Service Federal-Mogul Announces First Quarter Results
April 19, 2001 by
Auto Service World
Federal-Mogul Corporation today announced first quarter 2001 sales of $1,451 million U.S. compared to $1,644 million U.S. in 2000. In line with expectations announced on March 28, Federal-Mogul reported a first quarter loss of $(.60) per share from operations versus…