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The U.S. has rescinded higher tariffs on about 25 percent of steel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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