UPDATED: US, Canadian Antitrust Authorities Grants Conditional Approval For Continental’s Veyance Acquisition
HANOVER, Germany – Continental has taken a further significant step toward closing its acquisition of US company Veyance Technologies Inc., based in Fairlawn, Ohio. Yesterday, the US antitrust authority (Department of Justice) cleared the acquisition subject to the condition of divesting Veyance’s air spring plant in San Luis Potosí, Mexico. The antitrust authority in Canada
TMD Announces Dates For 2015 Quarterly Brake Training Classes
After the success of its 2014 Training classes, TMD Friction, manufacturer of OEM and premium aftermarket brands Textar and Don, has announced training class dates for 2015.
IHS Automotive Teams With IDF To Offer Aftermarket Companies A Comprehensive Look At The Mexico Vehicle Market
Integrate Data Facts (IDF) is a Michigan-based company focused exclusively on the Mexico vehicle market.
AMN Executive Interview: Daniel Schildge, President Of CRP Industries
Daniel N. Schildge is the president of CRP Industries Inc. He was appointed to the position in July 2008, after serving in a variety of capacities with the company, including COO. In this role, Schildge is directly responsible for the strategic and tactical management of CRP Industries and accountable for the development and implementation of the company’s infrastructure, including all systems, processes and personnel. In today’s interview, Schildge talks about the company’s 60th anniversary and the keys to the CRP’s long-term growth and success.
Cadna Purchase Giving ContiTech Added Strength In US Automotive Aftermarket
Growth strategy receiving favorable feedback from partner, customer base, ContiTech says.
Continental To Sponsor AAPEX 2014 Media Center
The Media Center will welcome hundreds of journalists from around the world as they cover breaking news, announcements, exhibiting companies and special events at AAPEX. The new Media Center will be equipped with dedicated Wi-Fi, expanded work areas to plug in laptops, light snacks and beverages, exhibitor press kits and expedited registration for the media. It will be located in Casanova Room 601 at the Venetian.
Eaton Appoints New Authorized Rebuilder
Eaton has expanded its Authorized Rebuilder Program north of the U.S. border to now include Pacific Truck in Edmonton, Alberta.
CRP Automotive Launches ContiTech Replacement Belts For Vehicle Stop/Start Systems
The new belts, ContiTech SILENT GRIP and ContiTech TOUGH GRIP, were originally developed by ContiTech to solve specific problems on major OE applications. The aftermarket replacement belts are made by ContiTech to the same OE specifications and are now available from the CRP Automotive NAFTA distribution system.
Second Quarter Automotive Sales Analysis From EY
In advance of automakers’ second quarter sales announcements this week, Randy Miller of the EY Global Automotive Center gives us his take on sales data sourced from LMC Automotive.
EY’s Randy Miller Looks At Upbeat Projections for North American Auto Sales
Coming up next week, Randy Miller, global automotive advisory services leader at EY, looks at auto sales data sourced from LMC Automotive and provides us with his analysis. In this excerpt from his analysis, Miller notes that, in terms of auto sales, the North American market is going strong.