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Dana Corporation Announces Intention To Divest Aftermarket Group
December 3, 2003 by Auto Service World

In a move to sharpen Dana Corporation’s focus on the original equipment marketplace, the company announced that it intends to divest the company’s Automotive Aftermarket Group.The board of directors stated that the key benefit of this action is the enhanced

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Ford Expects to Source $1.3 Billion in Parts from China
December 3, 2003 by Auto Service World

Ford expects to source about $1.3 billion CDN in automotive parts from China next year, its chairman and chief executive Bill Ford said on Tuesday, according to Reuters.Bill Ford also told reporters that Ford may eventually open the door to

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Automobile Journalists Association of Canada Announces 2004 Canadian Car of the Year Award Winners
December 3, 2003 by Auto Service World

Ten 2004 Canadian Car of the Year Award category winners were announced today by the Automobile Journalists Association of Canada (AJAC) during a press conference at the Holiday Inn Select Airport in Toronto, Ontario. AJAC’s Jim Kenzie, president of the

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Production Shift Threatens Traditional Auto Parts Centres in U.S.
December 2, 2003 by Auto Service World

Detroit already has lost dominance of the car market and its share of the all-important light truck business is slipping. Now, the Midwest may lose its traditional role as the centre of the auto parts industry, says a Chicago economist.

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Association Announces Internet Ordering Standard
December 1, 2003 by Auto Service World

The Automotive Aftermarket Industry Association (AAIA) announces the release of the Internet Parts Ordering (IPO) standard for electronic parts inquiries and emergency orders. "IPO provides a standard for communication of the most basic e-commerce transactions and offer a clean and

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ZF Group Executive Joins Public Relations Council
December 1, 2003 by Auto Service World

Frank Buscemi, manager of public affairs for ZF Group North American Operations, has been named to the board of directors of the Automotive Public Relations Council (APRC). At ZF, Buscemi handles all automotive and heavy truck media relations activities within

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Visteon Stock Falls After CFO-Elect Quits
November 28, 2003 by Auto Service World

Shares in Visteon dropped sharply after George Strickler, set to assume CFO slot Monday, turned down the job citing personal reasons.Shares of the auto parts supplier Visteon Corp. were down about 5% on Friday.Strickler, who had been CFO at BorgWarner

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North American Auto Sales Will Pick Up In 2004, Says Scotiabank Economist
November 28, 2003 by Auto Service World

North American vehicle sales will see their first rise in four years in 2004, according to a report released today.Sales gained momentum in the second half of 2003 and will likely advance 2% next year, according to the latest Canadian

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Ontario Insurance Bill to Freeze Auto Insurance Rates
November 27, 2003 by Auto Service World

A proposed bill being introduced into the Ontario legislature claims to freeze auto insurance rates, but critics are calling it another broken promise for the just-elected McGuinty government.“This is about acting responsibly to protect consumers,” said Finance Minister Greg Sorbara.

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Interest In Canadian Market Strong, says Logistics Executive
November 26, 2003 by Auto Service World

The interest in the Canadian automotive aftermarket is strong due to continuing growth, says the president of a third party logistics organization."The interest in the Canadian market is strong," Robert Schacter, president of G.O.S.S. Industries International Inc. "I am speaking

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Fragmented Market Continues Despite Consolidation in U.S. Market
November 25, 2003 by Auto Service World

Despite rampant consolidation in the U.S. auto parts retailing market, the big players have not achieved more than a 30% market share of the do-it-yourself vehicle maintenance business, according to recent market research.In 1991, the 10 largest auto parts store

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Tenneco Automotive Unveils Plans for New Ventures in China
November 25, 2003 by Auto Service World

Tenneco Automotive has unveiled plans for two new ventures in China even though they have a suit filed against four Asia-based companies for counterfeiting their products.The first joint venture is with China’s Chengdu Lingchau Mechanical Plant to establish Chonqging Walker