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Cummins to Sell Filtration Business
April 19, 2002 by Auto Service World

Engine manufacturer Cummins Inc. will seek a strategic buyer for its Kuss Filtration business. Kuss Filtration, a wholly-owned subsidiary of Cummins Fleetguard, is located in Findlay, Ohio. Kuss, although an excellent business, was determined to be outside the core strategic…

   News Auto Repair & Service

Exide Technologies Files For Reorganization
April 17, 2002 by Auto Service World

Automotive and industrial battery maker Exide Technologies, Inc. has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Company said that it elected…

   News Auto Repair & Service

Smokey Gets His Wings
April 17, 2002 by Auto Service World

Legendary engine builder and motorsports personality "Smokey" Yunick, who died last May at age 78, is being named a "Racing Angel" today at the Motorsports Hall of Fame.Prolong Super Lubricants, Inc. announced today that Henry “Smokey” Yunick will be posthumously…

   News Auto Repair & Service

TRW Board Calls Latest Offer Inadequate
April 17, 2002 by Auto Service World

TRW Inc. announced today that the latest offer of $53 U.S. from Northrup Grumman does not pass muster.After careful consideration including consultation with independent financial and legal advisors, TRW’s board of directors has unanimously (with one director absent) determined that…

   News Auto Repair & Service

GM Lands CN Diesel Locomotive Remanufacturing Contract
April 16, 2002 by Auto Service World

The Canadian National railway has awarded a contract to remanufacture 300 diesel locomotive engines to General Motors’ Electro-Motive Division (EMD).The engines are used in main line locomotives. Under the six-year contract, GM will provide all materials, technical oversight, specifications, certification…

   News Auto Repair & Service

Genuine Parts Company Reports Quarterly Drop, Automotive Sales Up
April 16, 2002 by Auto Service World

Genuine Parts Company reported sales and earnings for the first quarter ended March 31, 2002.Larry Prince, chairman of the board of directors, announced today that sales totaling $1.98 billion were down 4% compared to the first quarter of 2001. Net…

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U.S. Recall: Jeep 4.0L Vehicles Could Collect Debris, Have Engine Bay Fire
April 16, 2002 by Auto Service World

As a preventative measure, the Chrysler Group will recall 2000-2002 Jeep Wranglers (known as the TJ in Canada), 2000-2001, Jeep Cherokees and 1999-2002 Jeep Grand Cherokees with 4.0 Liter engines to reduce the possibility of debris accumulation in the engine…

   News Auto Repair & Service

Crash Data Recorder Standard Could Improve Safety
April 15, 2002 by Auto Service World

Driven by the lack of uniform scientific crash data needed to make vehicle and highway transportation safer and reduce fatalities, the Institute of Electrical and Electronics Engineers Standards Association (IEEE-SA) has begun working to create the first universal standard for…

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Northrup Grumman Ups Bid for TRW, Shareholders Told to Hold
April 15, 2002 by Auto Service World

TRW has advised its shareholders to take no action in the face of Northrup Grumman’s revised offer for the company.TRW’s board of directors said it will review Northrop’s revised $53 U.S. per share exchange offer and will make its recommendation…

   News Auto Repair & Service

Ontario Child Seat Clinics Start Tomorrow
April 12, 2002 by Auto Service World

Community coalitions across the province will run car seat inspection clinics tomorrow, Saturday April 13th, during Ontario’s second Love Me–Buckle Me Right Day. Sponsored by insurer The Co-operators, the Ontario-wide car seat awareness day, an initiative between the province’s Ministry…

   News Auto Repair & Service

Macher and McClure Will Continue to Work Together to Return Federal-Mogul to Health Indefinitely, says Company
April 11, 2002 by Auto Service World

Federal-Mogul Corporation has announced that it has indefinitely extended the transition period for its two highest ranking officers.To ensure continuity of leadership during the company’s current restructuring, Federal-Mogul Corporation has announced that chairman and chief executive officer Frank Macher and…

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U.S. News Update: Kmart and Penske Work Out a Deal
April 10, 2002 by Auto Service World

Kmart Corporation and Penske Corporation, Penske Auto Centers, Inc., and Penske Auto Centers, LLC have announced that they have reached an agreement whereby Penske and Kmart will work together to achieve an orderly wind-down of operations at auto service centers…