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Auto parts makers in inventory trap
Auto parts makers are saddled with raw material stocks bought at higher prices and finished goods made with costlier inputs, a key reason why they or the auto makers are unable to take benefit of the falling commodity prices and reduce prices.
Fire destroys auto parts shop
BUTTE (AP) ? An auto parts outlet went up in flames Thursday in Divide, about 25 miles south of Butte.
Fire destroys auto parts shop south of Butte
BUTTE - An auto parts outlet went up in flames Thursday in Divide, about 25 miles south of Butte. Fire officials say a wood-stove fire triggered the blaze, which gutted Brax Euro Parts despite the efforts of fire crews from Butte-Silver Bow, Divide, Rocker and other area towns.
Auto supply and parts market starts to feel economic jitters
WINDSOR, Ont. -- Nervousness about being paid by the Detroit carmakers has spread from auto parts suppliers to tool makers and mould makers, the president of the Canadian Association of Moldmakers Inc. said Tuesday.
Business Up at Auto Parts Stores
While the auto industry struggles, local auto parts stores say they are doing well. It all comes down to what people can afford these days. Many said they would rather pay for parts and repair their older vehicles than pay for a new one.
COMMENTARY - Early Norwalk businesses dabble in auto industry
Norwalk has never been considered a center of the auto industry, even though the Fisher Brothers grew up here and learned their manufacturing skills in their father's carriage shop. However, research reveals at least two early attempts locally at manufacturing auto parts.
U.S. Auto Parts Network reports Q3 sales fell 3.2%
U.S. Auto Parts Network Inc., an online provider of automotive aftermarket parts and accessories, reported Q3 sales of $36.6 million, a decrease of 3.2% from $37.8 million in the prior year period.
Dana, an Auto Parts Maker, Agrees to Changes in Loan
The company said it had renegotiated terms of a $1.3 billion loan to stay in compliance with the conditions.
Fire destroys Divide auto shop
An unattended woodstove sparked the flames that destroyed a Divide auto repair and parts shop Thursday morning.
Interstate Auto Parts has new owner
TIOGA CENTER -- Tioga County businessman George Swansbrough has again expanded his business portfolio, this time with the purchase of the 55-acre Interstate Auto Parts on Route 17C.
Laid-off parts manager counts on own business
Laid off from Bill Heard Chevrolet in Scottsdale, a former parts manager ramps up his side business.
Canadian Insurer Stops Writing Policies for Auto Parts Makers
Export Development Canada has stopped writing new polices to protect Canadian auto parts makers in the event of a bankruptcy filing by Chrysler.
Men's basketball: Results, schedule for O?Reilly Auto Parts CBE Classic
Scores and upcoming schedule for O'Reilly Auto Parts CBE Classic
Axial nips Alvin Auto Parts
JOHNSON Ciocon and former Colegio San Agustin-Bacolod varsity standout Bandoy Aliermo dominated the boards and combined for 28 points as Bethany Gelle Trucking beat Pueblo Rosario Athletic Club, 64-51, in the resumption of the Basketball Unified Sports Group 1st Danilo Puzon Memorial Cup at Lopue's south Square gym on Wednesday.
Burke auto parts industry driving steady
Burke County companies that supply parts to auto makers say the downturn in the market hasn't dramatically affected them so far. Don Tingen, executive vice president of Viscotec in Morganton, which makes textile fabrics to sell to the Japanese automotive industry, said the company hasn't seen a large drop in business. Tingen said Viscotec has seen the largest decrease in orders from Nissan. He ...
Halfords Profit Rises 4.7% on Cost Controls, Auto Maintenance
Nov. 20 (Bloomberg) -- Halfords Group Plc , the U.K.'s largest retailer of car parts and bicycles, reported a 4.7 percent gain in first-half profit after keeping costs in check and selling more higher-margin auto-maintenance products.
Xavier beats Virginia Tech on halfcourt buzzer-beater
SAN JUAN, Puerto Rico (AP) -Dante Jackson's buzzer-beater from beyond halfcourt lifted Xavier to a 63-62 win over Virginia Tech in overtime at the O'Reilly Auto Parts Puerto Rico Tip Off on Friday.
Auto execs fly on private jets to ask for bailouts
Some in Congress pounced this week on what they view as the hypocrisy of auto executives flying on corporate jets to Washington to ask for public help. Corporations insist riding on private planes is not a lavish perk, but rather a necessary security requirement for top officials that also helps them be more efficient.
A Parts Firm Exec's View Of Car Industry Woes
Gregg Sherrill, chairman and CEO of the auto parts manufacturer Tenneco Inc. talks to Melissa Block about problems with the auto industry. His company has been hit hard by the financial problems of GM, Chrysler and Ford. He supports a bridge loan for the companies.
Lear, ArvinMeritor Drag Auto-Supplier Index to Lowest Since '98
Nov. 19 (Bloomberg) -- Lear Corp. and ArvinMeritor Inc. led an index of U.S. auto-parts suppliers to its lowest level since 1998 on investor concern that Congress won't approve a rescue plan for domestic carmakers.
Auto parts makers are saddled with raw material stocks bought at higher prices and finished goods made with costlier inputs, a key reason why they or the auto makers are unable to take benefit of the falling commodity prices and reduce prices.
Fire destroys auto parts shop
BUTTE (AP) ? An auto parts outlet went up in flames Thursday in Divide, about 25 miles south of Butte.
Fire destroys auto parts shop south of Butte
BUTTE - An auto parts outlet went up in flames Thursday in Divide, about 25 miles south of Butte. Fire officials say a wood-stove fire triggered the blaze, which gutted Brax Euro Parts despite the efforts of fire crews from Butte-Silver Bow, Divide, Rocker and other area towns.
Auto supply and parts market starts to feel economic jitters
WINDSOR, Ont. -- Nervousness about being paid by the Detroit carmakers has spread from auto parts suppliers to tool makers and mould makers, the president of the Canadian Association of Moldmakers Inc. said Tuesday.
Business Up at Auto Parts Stores
While the auto industry struggles, local auto parts stores say they are doing well. It all comes down to what people can afford these days. Many said they would rather pay for parts and repair their older vehicles than pay for a new one.
COMMENTARY - Early Norwalk businesses dabble in auto industry
Norwalk has never been considered a center of the auto industry, even though the Fisher Brothers grew up here and learned their manufacturing skills in their father's carriage shop. However, research reveals at least two early attempts locally at manufacturing auto parts.
U.S. Auto Parts Network reports Q3 sales fell 3.2%
U.S. Auto Parts Network Inc., an online provider of automotive aftermarket parts and accessories, reported Q3 sales of $36.6 million, a decrease of 3.2% from $37.8 million in the prior year period.
Dana, an Auto Parts Maker, Agrees to Changes in Loan
The company said it had renegotiated terms of a $1.3 billion loan to stay in compliance with the conditions.
Fire destroys Divide auto shop
An unattended woodstove sparked the flames that destroyed a Divide auto repair and parts shop Thursday morning.
Interstate Auto Parts has new owner
TIOGA CENTER -- Tioga County businessman George Swansbrough has again expanded his business portfolio, this time with the purchase of the 55-acre Interstate Auto Parts on Route 17C.
Laid-off parts manager counts on own business
Laid off from Bill Heard Chevrolet in Scottsdale, a former parts manager ramps up his side business.
Canadian Insurer Stops Writing Policies for Auto Parts Makers
Export Development Canada has stopped writing new polices to protect Canadian auto parts makers in the event of a bankruptcy filing by Chrysler.
Men's basketball: Results, schedule for O?Reilly Auto Parts CBE Classic
Scores and upcoming schedule for O'Reilly Auto Parts CBE Classic
Axial nips Alvin Auto Parts
JOHNSON Ciocon and former Colegio San Agustin-Bacolod varsity standout Bandoy Aliermo dominated the boards and combined for 28 points as Bethany Gelle Trucking beat Pueblo Rosario Athletic Club, 64-51, in the resumption of the Basketball Unified Sports Group 1st Danilo Puzon Memorial Cup at Lopue's south Square gym on Wednesday.
Burke auto parts industry driving steady
Burke County companies that supply parts to auto makers say the downturn in the market hasn't dramatically affected them so far. Don Tingen, executive vice president of Viscotec in Morganton, which makes textile fabrics to sell to the Japanese automotive industry, said the company hasn't seen a large drop in business. Tingen said Viscotec has seen the largest decrease in orders from Nissan. He ...
Halfords Profit Rises 4.7% on Cost Controls, Auto Maintenance
Nov. 20 (Bloomberg) -- Halfords Group Plc , the U.K.'s largest retailer of car parts and bicycles, reported a 4.7 percent gain in first-half profit after keeping costs in check and selling more higher-margin auto-maintenance products.
Xavier beats Virginia Tech on halfcourt buzzer-beater
SAN JUAN, Puerto Rico (AP) -Dante Jackson's buzzer-beater from beyond halfcourt lifted Xavier to a 63-62 win over Virginia Tech in overtime at the O'Reilly Auto Parts Puerto Rico Tip Off on Friday.
Auto execs fly on private jets to ask for bailouts
Some in Congress pounced this week on what they view as the hypocrisy of auto executives flying on corporate jets to Washington to ask for public help. Corporations insist riding on private planes is not a lavish perk, but rather a necessary security requirement for top officials that also helps them be more efficient.
A Parts Firm Exec's View Of Car Industry Woes
Gregg Sherrill, chairman and CEO of the auto parts manufacturer Tenneco Inc. talks to Melissa Block about problems with the auto industry. His company has been hit hard by the financial problems of GM, Chrysler and Ford. He supports a bridge loan for the companies.
Lear, ArvinMeritor Drag Auto-Supplier Index to Lowest Since '98
Nov. 19 (Bloomberg) -- Lear Corp. and ArvinMeritor Inc. led an index of U.S. auto-parts suppliers to its lowest level since 1998 on investor concern that Congress won't approve a rescue plan for domestic carmakers.
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