Goodyear to Boost Kelly Plant
Goodyear Tire & Rubber Co. will invest more than $17.7 million in its Kelly-Springfield plant to build bigger tires, the company and local officials announced.
Mitsubishi Motors to Revise Organization
Scandal-tainted Mitsubishi Motors Corp. said Tuesday it will revise its organization, effective next Tuesday, to speed up its decision-making process and clarify responsibilities.
Snap-on Tools and SkillsUSA Work Together to Train and Inspire Workers
As the 2004 SkillsUSA National Leadership and Skills Conference (NLSC) approaches, thousands of students are preparing to descend on Kansas City, Mo., to test their skills against those of fellow students from across America. With the approach of the June 20th to 25th conference, Snap-on Tools is once again supporting SkillsUSA as it trains, develops and inspires the next generation of American workers.
Dana and Bendix Form Joint Venture
Dana Corp. and Bendix Commercial Vehicle Systems LLC, a member of the Knorr-Bremse Group, have formed a North American joint venture focusing on commercial vehicle foundation brake components and technologies. The joint venture, which is expected to close on June 30, will operate under the name Bendix Spicer Foundation Brake LLC. Completion of the transaction is subject to final corporate approvals at both companies.
Goodyear Reports Results for 2004’s First Quarter
Goodyear Tire & Rubber Co. posted its financial results late Friday afternoon, after postponing the announcement on June 16, to take additional time to complete first quarter financial statements. Goodyear reported record quarterly sales of $4.3 billion for the first quarter of 2004, up 21 percent from the prior-year period. Tire unit volume in the first quarter of 2004 was 55.7 million units, up from 52.6 million units in 2003.
PRI Show Moving to Orlando In 2005
Show organizers for the Performance Racing Industry Trade Show have announced to their current exhibitors that the 2005 PRI Show will be moving to the new 1 million-square-foot Orange County Convention Center in Orlando, FL. According to a letter currently being distributed to exhibiting manufacturers, PRI is moving the show to Orlando in response to the rapid growth of the event and the needs of exhibiting companies.
Register Now to Save $200 on the Aftermarket eForum
The early bird registration deadline for the Aftermarket eForum is June 30. Register today and take $200 off the fee of $895 for members and $1095 for non-members. The Aftermarket eForum will be held August 2-4 in Chicago. The Aftermarket eForum is the aftermarket industry’s largest educational conference devoted to e-commerce and supply chain technology solutions.
Andretti Wins Lawsuit Over Name Usage
Mario Andretti won a court battle to prevent an auto parts supplier from quoting the famed race car driver to promote its products, but Andretti won’t get any money, a federal judge recently ruled. In March 2003, Andretti filed suit against California-based Borla Enterprises, a supplier of high-performance exhaust systems and catalytic converters, claiming the company wrongly used his words in an advertisement.
Fuel Filter Revenues Dropping
Revenues in the North American fuel filter market were down last year with the market posting negative growth of $129 million in 2003. And, according to the latest research from international consulting firm Frost & Sullivan, those numbers may continue to drop by $115.6 million in 2010. Longer replacement cycles and failure to replace filters regularly have resulted in lower unit shipment demand in the aftermarket. According to Frost & Sullivan Industry Manager Jasmine Sachdeva, there are two factors contributing to this problem — larger fuel filter trap capacities and cleaner fuel, she said.
Using The Internet As A Tool To Promote Your Shop
For many people the Internet has become the primary medium for finding information, addresses, products and services — including auto repair. If your business does not yet have its own Web site, you’re missing a great opportunity to tell people who you are and what you can do for them.