Carlisle Buys, Sells in Two Deals
In two separate transactions, Carlisle Companies Inc., which operates Carlisle Tire & Wheel, bought a company and sold off one of its divisions. Last week, Carlisle Companies purchased friction product maker Hawk for an estimated $413 million in an all-cash deal. Hawk produces friction material for brake, clutch and transmission applications. Hawk will become part
Know New Training and Products That Will Keep Your Shop Profitable
Recently, you’ve heard me say, “nothing is easy.” That’s my new slogan. It doesn’t matter how simple an action seems, it will get complicated quickly. For instance, I recently heard from a friend, Jared, who sold a set of wheels for a new 2010 Camaro. The wheels were the same size as OE. All he
Schaeffler, Continental Merger to Begin in 2011
Schaeffler Group reported it plans to begin a merger with Continental AG at the end of next year that will keep all units intact, according to CEO Juergen Geissinger. Schaeffler has about 12 billion euros ($15.6 billion) in debt from a hostile takeover in 2008 that left it with 75% of Conti’s shares. Schaeffler isn’t
Tire-Destroying Drifters Raise Tire Hungry Crowds – and Opportunities
Clutch drops. Trail braking. Line. Feint. Tansou (speed attack) and Tsuiso (chase attack). Oversteer. Oh, and tire smoke. Lots and lots of tire smoke. Drifters blend the entertainment of flash driving with the discipline needed to control a car at 11/10ths – just past the absolute limit of adhesion – and into a
Reassuring and Serving Customers Suffering From Sticker Shock
There was never a doubt in my mind that I would own a BMW one day. Call it fate, call it kismet, karma…whatever. I’ve had my eye on that propeller badge since infancy and nothing could stop me from buying that car. Well, almost nothing. I put off ownership of a small BMW for years
Up to Snuff: Brake Service Tools & Equipment
s even more affordable if you don’t do much engine work. For more advanced ABS diagnostics, a digital oscilloscope (DSO) or graphing multimeter is a useful tool to own for observing wheel speed sensor outputs as a waveform. Learning how to use a scope properly takes some time, but once you understand it, it can
Klarius Buys Quinton Hazell from Affinia
On Feb. 2, automotive aftermarket manufacturing and distribution business Klarius completed the purchase of the Quinton Hazell automotive group from U.S.-based Affinia. Quinton Hazell is headquartered in Leicester, England, with manufacturing and distribution assets in France, Germany, Italy and Spain. The purchase brings a wide range of automotive aftermarket and OEM brands together, combining extensive
Protyre Offers Winter Driving Tips
Old Man Winter’s seasonal visit is upon us, and arriving with him are the year’s most loathsome driving conditions. With snow predicted in the coming days, Protyre has delivered a couple of timely tips to help keep control in difficult driving conditions: Driving in slippery conditions requires skillful and delicate use of the vehicle controls,
Two New Impact Tools From Chicago Pneumatic
Chicago Pneumatic introduced two new impact tools, the CP7735 and the CP7749. The new 3/8-inch CP7735 offers 300 ft.-lbs. of torque in a lightweight magnesium and composite design. It features a twin hammer clutch for durability and the strength to remove tough fasteners, a three-position regulator and a push button forward/-reverse. The CP7749 is the
LIVE AT SEMA: CP Has Two New Impact Tools
Chicago Pneumatic took the SEMA Show to introduce two new impact tools, the CP7735 and the CP7749. The new 3/8-inch CP7735 offers 300 ft.-lbs. of torque in a lightweight magnesium and composite design. It features a twin hammer clutch for durability and the strength to remove tough fasteners, a three-position regulator and push button forward/reverse.