“Motorcar Parts of America Acquires Reliance Automotive LOS ANGELES ... - dBusinessNews.com” plus 4 more

Motorcar Parts of America Acquires Reliance Automotive LOS ANGELES ... - dBusinessNews.com
Harman International - Boston Globe
Opel Future Hangs in Balance as GM Picks Buyer - ABC News
Automotive Interior Fogging Tester - Elites TV
Vauxhall to learn fate as GM meets Germans - Times Online

Motorcar Parts of America Acquires Reliance Automotive LOS ANGELES ... - dBusinessNews.com

Posted: 20 Aug 2009 02:41 PM PDT

Los Angeles -

LOS ANGELES -- Motorcar Parts of America, Inc. today announced it has completed the acquisition of certain assets of Reliance Automotive, Inc., a privately held remanufacturer of alternators and starters based in East Berlin, Connecticut. Terms were not disclosed.

"This transaction continues an acquisition strategy designed to further enhance the company's market share in North America, including the addition of a major automotive retail customer. We expect that this will be a basis for solid revenue growth. We look forward to building our new customer relationships and providing the highest level of quality and service," said Selwyn Joffe, chairman, president and chief executive officer of Motorcar Parts of America, Inc.

About Motorcar Parts of America

Motorcar Parts of America, Inc. is a remanufacturer of alternators and starters for imported and domestic passenger vehicles, light trucks and heavy duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States and Canada. The company's facilities are located in California, Tennessee, Mexico, Malaysia and Singapore. Additional information is available at www.motorcarparts.com

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Harman International - Boston Globe

Posted: 20 Aug 2009 10:19 PM PDT

Harman International Industries Inc. said it posted losses for its fourth quarter and fiscal year, though adjusted results for the audio systems maker beat estimates, causing the shares to rise. The Stamford, Conn., company lost $62 million, or $1.05 per share in the quarter, versus a $32 million profit, or 54 cents, a year earlier. Excluding charges, the adjusted loss was 45 cents. Analysts expected a loss of 60 cents.

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Opel Future Hangs in Balance as GM Picks Buyer - ABC News

Posted: 20 Aug 2009 11:38 PM PDT

FRANKFURT (Reuters) - The fate of Opel hangs in the balance as General Motors is poised to pick a buyer for the European carmaker after months of negotiations.

GM's board of directors could recommend either Canadian carmaker Magna's bid for Opel or that of Brussels-based financial investor RHJ International .

Sources close to the matter have told Reuters the board will address the topic later on Friday.

The U.S. carmaker, which emerged from bankruptcy protection on July 10, this week agreed to sell its Saab car business to a tiny Swedish luxury carmaker, the first in a series of big sales the U.S. group is planning as it slims down.

Talks to sell Opel have lasted for months and have become a political hot potato ahead of German elections in September because a deal will entail billions of euros in aid from European governments as well as thousands of job cuts.

German Chancellor Angela Merkel and the German states that host Opel plants have come out clearly in favor of the Magna offer because they think the Canadian automotive group's expertise can save more of the 25,000 Opel jobs in Germany.

Magna's co-CEO Siegfried Wolf said last week that the Canadian company and its Russian partner Sberbank had reached an agreement in principle with GM over a contract to buy 55 percent of Opel, raising hopes of a deal.

But GM's top negotiator for the Opel deal, John Smith, has repeatedly cited the positive aspects of RHJ's offer, which he says would be easier to implement than Magna's plan.

The field of bidders narrowed to two when Italian carmaker Fiat and China's Beijing Automotive (BAIC) dropped out.

Merkel reiterated in an interview with a German newspaper her preference for Magna's offer and said she was "very skeptical" about the prospects for RHJ. [ID:nBAT003108]

In a last-ditch effort to push for Magna's bid, Germany has also offered to provide 4.5 billion euros ($6.4 billion) in state aid for Opel, without waiting for other European countries to chip in, if GM chooses Magna.

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Automotive Interior Fogging Tester - Elites TV

Posted: 20 Aug 2009 09:43 PM PDT

The design and material of the automotive interiors is the guarantee of the thorough performance of the car, especially the driver safety and automotives' life span. The quality testing and control of automotive interiors can evaluate the interior materials so as to avoid choosing inferior materials and components, and thus, effectively confirm the thorough automotive performance, including safety performance, as well as the health and comfort of the driver.

Labthink Instruments Co., Ltd. introduces PARAM FT-F1 Fogging Tester for the automotive industry. PARAM FT-F1 Fogging Tester is for high-temperature volatilizable constituent evaporation evaluation of the automotive interiors and similar components and materials used in aircrafts, including automotive inner plastic decoration components, polyurethane, textiles, leather, adhesives, non-woven and thermal forming elastomers, etc., as well as for fogging testing of automotive front high intensity discharge (HID) lamp. This tester can thus perform the thorough test of volatilizable constituents, especially for the situations of volatileizable material in high temperature environment like direct sunshine heating.

This tester is useful for the relevant R & D, technical and testing departments of automotive manufacturers, testing authorities, material and component manufacturers as well as automotive and material academies. It can measure the fogging value of interiors accurately so as to provide safety guarantee for driving. The components of the tester are from world advanced companies, precise and reliable, which can provide better references for the users. Meanwhile, the low operation noise design permits it more suitable for laboratory applications.

Further information please feel free to contact Shirley Wu via trade2@labthink.cn, skype:shirley-labthink, MSN:shirleywu_labthink@hotmail.com or (tel)0086-531-85068709.

About Labthink:

Labthink, the excellent provider of testing instruments and testing services, is devoted to provide most excellent and complete quality control solutions for pharmaceutical, foodstuff, cosmetics, packaging, printing, adhesive, automotive, petrochemistry, environment, biology, new energy, construction, aviation and electronic industries worldwide.

Article Source:http://www.articlesbase.com/technology-articles/automotive-interior-fogging-tester-1146190.html