News By Topic: Aftermarket Parts and Accessories

Dana Corporation Completes Sale of Engine Management Aftermarket Operations

Jul 1, 2003

TOLEDO, Ohio, June 30 -- Dana Corporation announced today that it has completed the sale of a significant portion of the Engine Management operations of its Automotive Aftermarket Group to Standard Motor Products , a manufacturer and distributor of automotive replacement parts. (Logo: http://www.newscom.com/cgi-bin/prn ... Continue reading

DaimlerChrysler Reorganizes: Truck Divisions Merge, Powersystems Disappears

Jun 30, 2003

FRANKFURT, Germany June 30, 2003; The AP reported that DaimlerChrysler AG on Monday announced a reorganization of its commercial vehicles division that will put product development under a single management team and break up its engines and parts business. At present, new vehicle development at the German-U.S. automake ... Continue reading

Barron's Says Advance Auto Parts Stock Overvalued

Jun 30, 2003

NEW YORK, June 29, 2003; Reuters reported that shares of Advance Auto Parts Inc. could fall 20 percent or more, according to an article in Barron's that said the prospects for the No. 2 U.S. parts retailer may not justify the recent run-up in its stock. Shares closed at $60.24, up 24 cents, in Friday New York Stock Exc ... Continue reading

Tokai Rika Purchases Canadian Seatbelt Manufacturer

Jun 30, 2003

TECUMSEH, Ontario, June 29 -- Tokai Rika Co., Ltd. and TRW Canada Limited have announced the purchase of TRW Canada's 60% interest in Quality Safety Systems (QSS), by a Canadian subsidiary of Tokai Rika. QSS employs 800 people in two plants in Ontario, Canada, and is a major supplier of seatbelts in North America, with ... Continue reading

Automotive Technicians Of The Future Poised For Rewarding Careers

Jun 29, 2003

Kansas City, Mo. - The popular assumption that law degrees and MBAs may be the only road to a financially rewarding career is an urban legend, according to Scott Mackie, general manager, ACDelco. Speaking to the 39th annual SkillsUSA-VICA National Leadership and Skills Conference held here on June 26, Mackie said that ... Continue reading

News From USWA: Steelworkers Reject Goodyear Offer; Talks Break Off

Jun 28, 2003

CINCINNATI, Ohio--June 28, 2003--The United Steelworkers of America (USWA) announced today that it rejected a company proposal late last night that would have allowed Goodyear to close many North American facilities, while slashing health care benefits for active and retired members. The company's final offer also made ... Continue reading

Motorcar Parts Announces Fiscal 2003 Results

Jun 28, 2003

TORRANCE, Calif.--June 27, 2003--Motorcar Parts & Accessories, Inc. (Internet Billboard: MPAA) is pleased to announce its earnings for the fiscal year ended March 31, 2003. MPA earned $10,625,000 for the year ended March 31, 2003 or $1.33 per basic share outstanding and $1.24 per share on a fully diluted basis versus $ ... Continue reading

DENSO Formally Elects New President and CEO

Jun 27, 2003

JapanCorp: <http://www.japancorp.net/?page_num=1> DENSO Formally Elects New President and CEO Tokyo, Japan, June. 27, 2003 - (JCN Newswire) - DENSO Corporation today announced president and CEO and senior management changes, which were voted upon at today's annual shareholders meeting. Koichi Fukaya was appointed presi ... Continue reading

Mitsubishi Electric Licenses HD Radio(TM) Technology for the Automotive Market

Jun 27, 2003

iBiquity Continues its Automotive Licensing Momentum with OEM Leaders COLUMBIA, Md., and WARREN, N.J., June 26 -- iBiquity Digital Corporation, the sole developer and licenser of HD Radio technology, and Mitsubishi Electric Corporation , announced today that Mitsubishi Electric has signed a license to develop products ... Continue reading

Alcoa Appoints Chief Customer Officer; Makes Automotive Appointments

Jun 27, 2003

PITTSBURGH--June 26, 2003--Alcoa announced today several personnel moves in the customer and transportation areas that include the creation of two new positions. Effective immediately Veronica M. (Ronee) Hagen, 57, has been named Chief Customer Officer, a new position accountable for further developing a customer centr ... Continue reading

Tweeter Signs on as First National Retailer for KVH TracVision A5 Satellite Antennas

Jun 26, 2003

MIDDLETOWN, R.I.--June 26, 2003-- Breakthrough In-motion Antenna and Live Satellite TV in Cars to be Offered through Tweeter & Affiliated Stores Nationwide Paving the way for the nationwide introduction of live satellite TV in cars, KVH Industries announced today that Tweeter Home Entertainment Group has signed on as t ... Continue reading

TRW Automotive Acquires Autocruise

Jun 26, 2003

LIVONIA, Mich., June 26 -- TRW Automotive and Thales jointly announced today that TRW Automotive has acquired sole ownership of Autocruise, manufacturer of the "world benchmark" radar-based Adaptive Cruise Control (ACC) sensor operating in the 77GHz frequency domain. Terms of the acquisition were not disclosed. (Logo: ... Continue reading

CHAMPION Communication Services, Inc. Announces New Server Based Vehicle Tracking System

Jun 26, 2003

THE WOODLANDS, Texas, June 26 -- CHAMPION Communication Services, Inc. (BULLETIN BOARD: CCMS) (the "Company") announced today the installation of its new server based vehicle tracking system. The tracking segment of the new TALK 'N TRACK(TM) product has been Beta tested and is now functioning in each of CHAMPION's five ... Continue reading

America's Car-Mart Reports Earnings

Jun 26, 2003

BENTONVILLE, Ark.--June 26, 2003-- Company Reaffirms EPS Guidance for FY 2004 America's Car-Mart, Inc. today announced its operating results for the fourth fiscal quarter and year ended April 30, 2003. The Company's results are segmented into continuing and discontinued operations. Highlights of fourth quarter operatin ... Continue reading

Ruff Rider Roadie(R) Canine Vehicle Safety Harness On Today Show Tommorrow

Jun 25, 2003

BOULDER, Colo., June 25 -- Before you hit the road again, learn about the world's standard in vehicle canine safety harnesses, the Roadie(R), made exclusively by Ruff Rider. Warren Eckstein, internationally renowned pet expert and Pet and Animal Editor for NBC's Today Show, will educate television viewers this Thursday ... Continue reading