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Contant Velocity Market Plagued by Intense Competition, Study
February 25, 2002 by Auto Service World

Intense competition is limiting market share and company growth within the constant velocity driveaxle and boot kit aftermarket despite increased sales generated by the success of sport utility vehicles (SUVs) according to new analysis from Frost & Sullivan.The study, "North

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Northrop Grumman Makes Unsolicited Offer to Acquire TRW
February 22, 2002 by Auto Service World

Northrop Grumman Corporation has proposed a stock swap to take over TRW.Northrop Grumman has forwarded a proposal to TRW’s board of directors to enter into negotiations to combine the two companies. The proposed transaction would deliver $47 in value of

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Gasket Supplier Brings Unser Back to Brickyard
February 22, 2002 by Auto Service World

Corteco, the automotive aftermarket business of Freudenberg-NOK, has announced that it will three year sponsorship deal with Al Unser Jr. in the Indy Racing League.Freudenberg-NOK, the world’s largest supplier of original-equipment automotive gaskets and seals, will sponsor Unser in a

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"Liquid Metal Look" Introduced by Color Shifting Pigment Supplier
February 20, 2002 by Auto Service World

Flex Products, the company which introduced the color shifting pigments that have become so popular in the specailty automotive market, has announced that it has released a "liquid metal" look pigment.Flex Products, a JDS Uniphase company, says its SpectraFlair pigment,

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Genuine Parts Reports Slight Decline in Sales and Earnings, but Automotive Up
February 19, 2002 by Auto Service World

Genuine Parts Company, the U.S.-based owner of Canadian distribution company UAP Inc., reports that sales in 2001 dropped 2%, with net income dropping 6%.Sales and earnings for the year ended December 31, 2001 were $8.22 billion U.S., a 2% decrease

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Alldata Adds Member Section to Website
February 19, 2002 by Auto Service World

Alldata, a provider of automotive repair information and software for automotive service providers, has announced that it has added a Member section to the alldata.com website.The new section will provide additional information and business solutions to customers. “The Member section

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ASE Announces Sweepstakes for ASE-Certified Technicians
February 15, 2002 by Auto Service World

The National Institute for Automotive Service Excellence (ASE) has announced the “Go to the Show” sweepstakes. The result of a combined effort between ASE and the Automotive Aftermarket Industry Association (AAIA), the contest is open to all ASE-certified individuals.Three winners

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Bombardier Claims it was Railroaded in DaimlerChrysler Deal, Seeks Damages
February 14, 2002 by Auto Service World

Bombardier Inc. of Montreal, Que., has announced that it is filing a $1.4 billion claim for damages against DaimlerChrysler AG in connetion with its acquisition of DaimlerChrysler Rail Systems GmbH (Adtranz).Bombardier says that the move comes after discussions with DaimlerChrysler

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Canadian Named President of Acquisition-Oriented Aftermarket Company
February 14, 2002 by Auto Service World

Jordan Auto Aftermarket, Inc. has announced today the appointment of David F. Peace to the position of president and chief executive officer.The appointment, which takes effect April 1, 2002, will see Peace succeed Richard Lerch, who has announced his intention

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U.S. News: CSK Parts Chain Selects Bar Code Supplier
February 13, 2002 by Auto Service World

Unibar Inc. today announced that CSK Auto, Inc. has selected Unibar Inc.’s bar code printing software.Unibar’s BARZ_OUT Pro bar code printing software is focused on automating the retail procedure in CSK’s 1,130 stores in 19 states. CSK’s stores operate under

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Carquest Sales Force Earns ASE Recognition
February 12, 2002 by Auto Service World

The Carquest North American Sales Force has earned the ASE Blue Seal of Excellence recognition.The Institute for Automotive Service Excellence (ASE) gives the Blue Seal to organizations that have at least 75% ASE-certified representation. The Carquest North American Sales Force

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Four-wheel Steering Slated for GM Full-Sized Pickups
February 12, 2002 by Auto Service World

Delphi Automotive Systems has announced that its four-wheel steering system, which debuted on GMC Sierra Denali full size trucks this year, will be available in the 2002 calendar year on GMC Sierra and Chevy Silverado 1/2 ton, extended cab short