Canadian Tire Brings New Store Format to Quebec
(Montreal Gazette) Canadian Tire Corp. Ltd. is opening its first mixed store format in Quebec, which integrates the automotive and home products retailer with a L’⊃quipeur clothing section under one roof.
New Ammco 4000E Brake Lathe Released
Hennessy Industries has released the Ammco 4000E, which is claims is “the easiest to use and most ergonomic brake lathe ever made.”
Bandag Officials Organize New Business
(Muscatine Journal) Bandag officials announced Mar. 31 the organization of Bridgestone Bandag Tire Solutions, a new business that will expand the focus of the company’s operation in Muscatine.
Conti May Eliminate 2,000 VDO Jobs
It appears as if Continental plans to reduce the workforce at its VDO automotive electronic unit by 2,000 jobs.
Major Trucker Cutting 1,100 Jobs, 27 Sites
YRC Worldwide Inc., parent of Roadway trucking, announced that was eliminating 1,100 jobs and closing 27 terminals around the country.
Trading a Lease New Way to Obtain Wheels
Car shoppers can find incredible savings on vehicles available through lease transfer, according to a company that facilitates lease transfers nationwide.
Apollo Considering Germany for New European Factory
(Staffordshire, U.K./Tyres & Accessories) In mid-November the joint managing director and COO of Apollo Tyres, Neeraj Kanwar, reported that “we are looking at project feasibility in the Eastern Europe region in terms of cost of manufacturing and approach to market.”
Michelin Cutting 20 N.S. Plant Jobs
(Akron/Tire Review – Halifax Herald) Just 10 days after announcing it was going to spend $4.2 million to upgrade its Pictou County plant, Michelin North America is eliminating 20 positions there.
New Goodyear Deal Adds $20 Million
(Akron/Tire Review – Charlotte Observer) The North Carolina General Assembly avoided a historic override of Gov. Mike Easley’s veto Monday night, instead crafting a new corporate incentives program worth up to $60 million.
CSK Auto to Close Stores and Cut Jobs
(Akron/Tire Review) CSK Auto Corp. plans to close dozens of stores and is pulling back on its previous plans to open others.