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Autoparts Report

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New Parts Distribution Center To Help Ford Supply Its Southern Dealers.(Brief Article)
Ford Motor Co. will open two distribution centers in the southeastern U.S. to speed delivery of parts to its dealers. Ford said the openings are part of its plan to double its parts . . .

Lean Manufacturing And Just-In-Time Concepts Reaps Significant Cost Savings, Michigan Study Finds.(Brief Article)
To effectively operate in a lean manufacturing environment requires integrating and synchronizing the entire supply chain and manufacturing process. Lean operations and just-in-time . . .

MEMA Introduces New Association Dedicated to Addressing Aftermarket Industry Issues, Enhancing Member Value.(Motor and Equipment
The Motor & Equipment Manufacturers Association (MEMA) said it has formed a new automotive aftermarket suppliers group in order to better focus on the aftermarket business needs of its members. . . .

Bush Administration Excludes Some Steel Imports From Higher Duties; Autos Among Beneficiaries.(Brief Article)(Statistical Data I
The U.S. has rescinded higher tariffs on about 25 percent of steel imports subject to controversial safeguard tariffs the administration imposed March 5, government agencies said. In its safeguard . . .

CSK Auto Saw Increase In Net Sales, Profits For Second Quarter.(Brief Article)(Statistical Data Included)
CSK Auto Corp., the parent company of CSK Auto, Inc., a specialty retailer in the automotive aftermarket, reported net sales for the second quarter of fiscal 2002 increased 4.3 percent to $398.3 . . .

Intermet Guides Lower For Third Quarter.(Brief Article)
Intermet Corp. said that due to a number of recent events, it will not meet consensus earnings expectations for the third quarter ending September 30, 2002. Bob Belts, Chief Financial Officer, . . .

FAW Wins China Approval For Purchase Of Tianjin Automotive.(Brief Article)
China compact car maker Tianjin Automotive Xiali Co. said it has received government approval for the transfer of a controlling stake in Tianjin to FAW Group Corp. from Tianjin's previous parent. . . .

Continental Forms Tire Joint Venture In Russia.(Brief Article)
German tire-maker Continental AG and Russia's Moscow Tire Plant created a joint venture, daily newspaper Kommersant reported. The venture will start producing 1.5 million tires a year from the . . .

Germany's Car Production Declined 6 Percent Through August.(Brief Article)
The federation of Germany's automobile industry is cautiously optimistic for the remainder of 2002, but has confirmed its earlier forecast of 3.2 million new passenger car registrations in . . .

Peugeot' China Joint Venture To Produce 100,000 Cars In 2003.(Brief Article)
Dongfeng Citroen Automobile Co., a Sino-French joint venture, has set a sales target of 100,000 units for next year. Bosses at the company set up by Dongfeng Motor Corp and French carmaker PSA . . .

Profits Soaring For China's Auto Producers.(Brief Article)
Profits from China's major automakers are rising with the help of robust domestic sales due to strong demand. According to statistics from the State Economic and Trade Commission (SETC), . . .

Autoliv In Seat Belt Joint Venture In China.(Brief Article)
Autoliv Inc. - the worldwide leader in automotive safety systems - will commence operations in Northern China in accordance with a business license recently granted by the Chinese authorities. A . . .

Canadian Firm Will Not Disclose Plans for Norfolk, Va.-Area Car Parts Maker.(Brief Article)
The prospective buyer of one of Hampton Roads' largest makers of auto parts says the plant would fit well in its portfolio, but will not disclose specific plans for the facility. Decoma . . .

GM Agrees To Buy $107.5 Million In Car Parts From 19 Korean Companies.(Brief Article)
General Motors Corp. said it has agreed to buy $107.5 million worth of car parts from 19 South Korean manufacturers, in line with promises made when it bought Daewoo Motor Co.'s passenger . . .

Stanley Electric To Produce Auto Lights In China.(Brief Article)
Japan's Stanley Electric Co. said it will launch a joint venture in October to produce automobile lamps and other electrical goods in Guangzhou, China, with two local partners. Japanese . . .

BMW Supplier Opens Expanded S.C. Facility.(Brief Article)
ZF Lemforder Corp. -- a division of ZF Friedrichshafen AG -- the world's largest independent automotive supplier for driveline and chassis technology -- said it recently opened a 40,000 . . .

Dana Awarded Cam Cover Module Business From Jaguar.(Brief Article)
Dana Corp. said that it has been selected to supply a recyclable cam cover module for the Jaguar AJ 33 engine, featured in Jaguar XK Sports Cars and S-TYPE Sedans, beginning this year. The . . .

Accident Prevention Plus, Inc. In European Joint Venture.(Brief Article)
Accident Prevention Plus, Inc. said that as a result of the recently signed distribution and sales agreement and the growth of the European marketplace for the company's products, . . .

General Motors' New Pontiac GTO To Get Fuel Tanks From Spectra Premium.(Brief Article)
Spectra Premium Industries Inc., a Canadian-based manufacturer of automotive, light-truck and heavy-duty truck aftermarket parts, said it concluded an agreement with Holden Ltd. of Port Melbourne, . . .

Aftermarket Ignition Parts Market Expected To Expand.(Brief Article)
Demand for aftermarket coils, engine control units (ECUs), and spark plugs are expected to grow to $1.7 billion in 2008 from $1.24 billion in 2001, according to a new report. The report, North . . .

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