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eNews Article
During the first four months of 2008, pickup sales have dropped 17% compared to the same time period last year. The specialty-equipment industry has long revered the pickup segment as opportunities for profits due to its growth in the past, but hikes in gasoline prices have taken a toll on recent...
eNews Article
Sales of new vehicles for 2008 are expected to drop below 15 million units. J.D. Power and Associates forecasts sales to reach 14.95 million, and AutoPacific predicts 14.8 million. This represents a 7.5%–8% decline compared to new-vehicle sales for 2007. High gas prices have hit the light-truck...
eNews Article
The surging do-it-yourself trend resulted in a 21% increase in the number of car-cleaning and care products at the 2007 SEMA Show. Nearly two-thirds (62%) of U.S. consumers are washing their own car to save money—or having someone in their household do it—and 33% are doing the detailing themselves...
eNews Article
Manufacturers have set their time and effort on a new idea for powertrains that is yet to hit the market with high acceptance. The electric vehicle (EV) market is not a new idea or one that has never been implemented, however, until recently, the technology to make this idea feasible for mass...
eNews Article
Dana Holding Corp. appointed James Yost to executive vice president and chief financial officer. Yost was previously with Hayes Lemmerz International, most recently serving as executive vice president and chief financial officer. Yost joined Hayes Lemmerz in 2002 after 27 years at Ford Motor Co...