Global automotive executives are proceeding cautiously while pondering the ramifications of a pending UK/EU breakup – a puzzling scenario that has the distinct possibility of creating major supply chain, manufacturing and marketing difficulties.
ContiTech announced that Applied Mexico and subsidiary RODENSA Mexico have completed a product changeover to ContiTech as a primary supplier in Mexico for industrial hoses, hydraulics, power transmission belts and other products.
The United States is currently involved in two high-profile trade negotiations that could have far-reaching benefits for suppliers: the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (T-TIP).
Calling it a significant first step in its expansion strategy into Central and South America, John R. Washbish, the president and CEO of the Aftermarket Auto Parts Alliance announced the signing of Triple A in San Pedro Sula, Honduras as the group’s newest shareholder member.
Standard Motor Products has signed an agreement to acquire General Cable Corporation’s automotive ignition wire business in North America as well as a subsidiary in Mexico for approximately $71 million.
Sign up today for Service Repair news from Motor Age. Benefiting shop owners and managers, this e-newsletter provides the latest news and analysis, technical automotive service information and business management tips. Published every Monday and Thursday.