Cooperation Urged in Auto Costs Fight
As a former Ford Motor Co. executive, Kathleen Ligocki knows about the carmakers’ mission to slash supplier prices. But in order to survive long-term, automakers must work with suppliers to take out the waste, said Ligocki, now chief executive of Tower Automotive. Speaking on an Automotive News World Congress panel Monday in Dearborn, Mich., Ligocki, a former vice president for Ford customer services, called for a collaborative effort between suppliers and carmakers to improve both sides’ bottom lines.
Automotive Products is Sold
German brake and clutch manufacturer FTE Automotive GmbH said Monday it bought Auburn Hills, Mich., auto clutch systems maker Automotive Products Inc. for an undisclosed price. The deal makes Ebern, Germany-based FTE a major player in clutch products with worldwide sales of $462 million.
Intermet to Close Havana, Ill., Foundry
Intermet Corp. intends to close its foundry in Havana, Ill., during the second quarter of this year. The company said the closure is necessary to rationalize excess production capacity and reduce costs. The facility, which manufactures ductile-iron castings for the automotive industry, currently employs 205 people, including hourly and salaried staff. The company will consolidate the plant’s equipment and products into other existing Intermet foundries.
AAPEX Space Drawing Applications are Due Jan. 14
Wednesday, Jan. 14 is the deadline to receive an exhibit space application to participate in the AAPEX 2004 Online Exhibitor Space Drawing. AAPEX 2004 will take place Nov. 2 through Nov. 5 at the Sands Expo Center in Las Vegas. More than 1,900 exhibitors will participate in AAPEX.
Car Care Council Reports Increased Web Site Usage, Women’s Board Membership Up
In 2003, usage of the Car Care Council’s Car Care Newspaper Supplement (CCNS) Web site grew dramatically, the council said. The growth coincides with the first year of the Car Care Council’s “Be Car Care Aware” consumer-education campaign. In addition to the news of increased usage of Car Care Council materials, the Car Care Council Women’s Board’s announced that its membership more than doubled in 2003, setting a record high number.
Aftermarket Legislative Advocate Passes Away
A long-time friend of the aftermarket, Jack Heyler, died on Dec. 26, 2003 after a six-year battle with emphysema. Heyler was a tireless worker in support of the independent aftermarket, leading industry efforts to defeat legislation that would have extended state mandated emissions warranties to 10 years/100,000 miles; and to obtain passage of SB 1146, which mandated that car companies make emissions-related service information and diagnostic tools available to the independent service industry. He was active in the Automotive Service Counsels of California and the Society for Automotive Engineers, helping found the Service Technicians Society a SAE affiliate group.
Borruso to Chair Motor Vehicle Lighting Council
Joe Borruso, president and CEO of Hella North America in Plymouth, Mich., has been elected chairman of the Motor Vehicle Lighting Council (MVLC). Joe Borruso, president and CEO of Hella North America in Plymouth, Mich., has been elected chairman of the Motor Vehicle Lighting Council (MVLC).
Midas Completes Restructuring
Midas said it has completed its restructuring plan successfully, and on schedule. In April 2003, Midas announced agreements with AutoZone in the U.S. and Uni-Select in Canada for distribution of Midas brand and other automotive parts to the 1,900 Midas shops in North America. Midas’ timetable to exit the parts distribution business was the end of fiscal 2003. In April 2003, Midas announced agreements with AutoZone in the U.S. and Uni-Select in Canada for distribution of Midas brand and other automotive parts to the 1,900 Midas shops in North America. Midas’ timetable to exit the parts distribution business was the end of fiscal 2003.
Visteon Projects Profit After Losses
Visteon Corp. expects to earn a small net profit this year after losing at least $1.6 billion from 2001 to 2003, executives said Thursday. If Visteon turns a profit this year, it would be the first since 2000, the year the auto parts maker separated from Ford Motor Co. In a briefing for Wall Street analysts in conjunction with the North American International Auto Show, Visteon laid out its financial expectations for the first time in at least a year.
Beck/Arnley Wins Award from the Tennessee Center for Performance Excellence
Beck/Arnley has been named winner of the 2003 Tennessee Center for Performance Excellence (TNCPE) Achievement Award. TNCPE recognizes organizations that have demonstrated the highest standards of excellence in practices and achievements. The program utilizes the Criteria for Performance Excellence established by the Baldrige National Quality Program as the evaluation tool.Beck/Arnley, headquartered in Smyrna, Tenn., is one of eight organizations being honored at the advanced level with the 2003 Achievement Award.