Study Shows Stability Systems Saves Lives
According to an insurance industry study, stability control systems could save more than 7,000 lives a year if they were standard equipment on all vehicles. The study, conducted by the Institute for Highway Safety, found the greatest safety benefit for single-vehicle crashes that result in a fatality.
Study Shows Stability Systems Saves Lives
According to an insurance industry study, stability control systems could save more than 7,000 lives a year if they were standard equipment on all vehicles. The study, conducted by the Institute for Highway Safety, found the greatest safety benefit for single-vehicle crashes that result in a fatality.
Paul Foley Honored by the University of the Aftermarket
Paul Foley, vice president of AASA, MEMA’s aftermarket segment association, was presented the Founder’s Service Award by Northwood University’s University of the Aftermarket, on Nov. 1 during AAPEX.
Northwood Honors Eight Aftermarket Professionals
Northwood University honored eight automotive aftermarket leaders with its annual Automotive Aftermarket Education Award. Northwood presented the awards last week in Las Vegas during Automotive Aftermarket Industry Week.
SKF Reports Strong Profit and Sales Development in the Third Quarter
SKF, a leading producer of bearings, seals and related products, has reported its financial results for the third quarter of 2004. For the third quarter, SKF has reported a 14.1 percent increase in sales, measured in local currencies, compared to the same period in 2003. The operating margin for the quarter was 10.6 percent (8.4). The price/mix increased by 2.3 percent. Cash flow continued to be strong.
Automotive Lift Institute Leader to Retire
E.K. “Chic” Fox has spent a lifetime helping small manufacturing trade groups. At a recent meeting, Fox announced he plans to retire from his post as president and CEO of the Automotive Lift Institute (ALI), a relationship that began in 1962.
AIA Honors Industry Award Winners
The Auto International Association (AIA) presented its 2004 Industry Awards in Las Vegas last Tuesday during AAPEX. Mike Brown, president of Olympus Imported Auto Parts Corp., and vice-chairman of AIA, announced the winners and made the award presentations. Now in its 16th year, the awards program recognizes manufacturers and marketers for excellence in developing high-quality products and innovative marketing programs for import cars or trucks – ranging from products that enhance performance, appearance or convenience, to the cataloging, merchandising and advertising that create awareness and fuel demand.
SEMA Names 2004 Person of the Year
SEMA has honored Jim Cozzie, vice president, sales, B&M Racing and Performance Products, with the SEMA Person of the Year Award for 2004. The award was presented by Steve Bolio, SEMA Person of the Year for 2003, at SEMA’s Industry Awards Banquet Thursday, Nov. 4, during this year’s SEMA Show.
Goodyear’s Dunlop Brand Releases Three New High-End Tires
Goodyear Tire & Rubber Co. is looking for big things from its storied Dunlop brand in the near future, and gave the nameplate a major boost with the launch of three new high end tires just before the opening of the 2004 SEMA Show. Revealed at a special launch program at the Las Vegas Speedway were the Dunlop Direzza DZ101 for the sport compact market segment, the Dunlop SP Sport Maxx for the luxury UHP segment, and the Dunlop Grandtrek AT20 for the high-end luxury SUV segment.
Five Industry Leaders Join MEMA Board
Five automotive supplier industry leaders joined the board of directors of the Motor & Equipment Manufacturers Association (MEMA) at the board’s meeting, which took place on Oct. 31 in Las Vegas.