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News
News Auto Repair & Service Tenneco Automotive Reports Loss, Encouraged by Results of Changes
April 24, 2001 by
Auto Service World
Tenneco Automotive reported a net loss of $31 million U.S., or 84 cents per diluted share, for the first quarter of 2001.These results include pre-tax restructuring charges of $12 million (23 cents per share), pre-tax environmental charges of $6 million…
News Auto Repair & Service Federal-Mogul Sells Off TCI
April 24, 2001 by
Auto Service World
Federal-Mogul Corporation has completed the divestiture of its torque converter business, TCI, to Competition Cams, Inc.TCI remanufactures torque converters for high-performance automotive aftermarket applications. TCI became a part of Federal-Mogul when the company purchased Fel-Pro in 1998. TCI had net…
News Auto Repair & Service SPX Results Exceed Expectations
April 24, 2001 by
Auto Service World
SPX Corporation announced first quarter 2001 financial results that exceeded analysts expectations. First quarter 2001 results included $680.4 million in revenues and earnings per share of $1.14 or $1.21 before special charges. All values in U.S. dollars. John B. Blystone,…
News Auto Repair & Service Crash Tests Show SUVs Vary
April 23, 2001 by
Auto Service World
One of three small sport utility vehicle designs, new for 2001, earns a good overall rating based on performance in a 40 mph frontal offset crash test conducted by the Insurance Institute for Highway Safety. The Hyundai Santa Fe earns…
News Auto Repair & Service Carquest Announces 2000 Vendor And Supplier Awards
April 23, 2001 by
Auto Service World
Carquest Auto Parts has announced Carquest Exhaust and Shocks by ArvinMeritor as its 2000 Vendor of the Year. “Carquest Exhaust and Shocks by ArvinMeritor exemplify the standards for our vendors,” said Pete Kornafel, president of Carquest Corporation. “They meet and…
News Auto Repair & Service Honda Civic most requested car, Caravan debuts fifth
April 20, 2001 by
Auto Service World
Canadian automotive e- commerce service, Autobytel.ca, unveiled its latest Top 10 list of most requested new vehicles in Canada, revealing the Honda Civic in the top spot.Also, for the six month period ending March 2001, the Dodge Caravan and Toyota…
News Auto Repair & Service Federal-Mogul Announces First Quarter Results
April 19, 2001 by
Auto Service World
Federal-Mogul Corporation today announced first quarter 2001 sales of $1,451 million U.S. compared to $1,644 million U.S. in 2000. In line with expectations announced on March 28, Federal-Mogul reported a first quarter loss of $(.60) per share from operations versus…
News Auto Repair & Service Wrenchead.com joins with NAPAonline.com
April 18, 2001 by
Auto Service World
Genuine Parts Company’s U.S. wing, NAPA Auto Parts, has announced that its NAPAonline.com online store will be the exclusive provider of auto parts and accessories sold to consumers through Wrenchead.com .Starting in the second quarter of this year, consumers visiting…
News Auto Repair & Service ACDelco Looking for Technician of the Millennium
April 17, 2001 by
Auto Service World
ACDelco registered Total Service Support (TSS) technicians will be vying to get one step closer to a Chevrolet Avalanche this month.In January this year, ACDelco introduced the Technician of the Millennium II Contest, an ACDelco exclusive contest open only to…
News Auto Repair & Service McLaren Performance Acquires Dart Machine
April 17, 2001 by
Auto Service World
McLaren Performance Technologies has acquired Dart Machine, Ltd., a specialty manufacturer of precision powertrain components for original equipment applications and the automotive aftermarket.Based in Oldcastle, Ont., Dart Machine, Ltd. has been renamed McLaren Performance Products and is now a wholly-owned…
News Auto Repair & Service Government to consult on Drive Clean expansion
April 17, 2001 by
Auto Service World
The Ontario Government will consult on proposals to enhance and expand Drive Clean, the province’s program to cut smog-causing vehicle emissions, Environment Minister Elizabeth Witmer announced today. “Air quality is everybody’s business,” said Witmer. “Drive Clean is helping keep ourair…
News Auto Repair & Service PartSource Launches “Club Card”
April 17, 2001 by
Auto Service World
PartSource Launches “Club Card”PartSource, has announced the launch of its first loyalty program geared to retail and wholesale customers. The Club Card offers members exclusive privileges, including discounts on selected in-store items and access to special product promotions. The Club…