Saturday, August 19, 2006

Creditors object to exec bonuses (Auto parts)


Creditors object to exec bonuses
Toledo Blade - The Toledo automotive parts maker said the compensation plan for its six top executives is needed to motivate the leaders to stay as the company works to emerge from Chapter 11 bankruptcy. Dana spokesman Chuck Hartlage declined to comment on the

Friday crime log
Midland Daily News - 2:34 p.m. -- Automotive parts delivered via UPS were taken from a Lincoln Township home. 3:22 p.m. -- Sheriff's deputies stopped at Coleman Park to talk to two young males who climbed to the top of the pavilion there. 3:53 p.m. -- A 13-year

Local firm faces fight to survive
Philadelphia Inquirer - Through the Automotive Parts Remanufacturers Association, a trade group in Chantilly, Va., the company is promoting the idea of federal tax credits for remanufactured products. Cardone and other rebuilders argue that they keep parts out of landfills

Market for Diesel-Powered Cars and Light Trucks Is Predicted To
The Auto Chanel - As the market for diesel-powered cars and light trucks is predicted to increase by around 26% by 2015 and exhaust regulations demand more environmentally-friendly automotive parts; the glow plug market will change as manufacturers develop new

SIMCO Reports on Amalgamation with Affiliate and Debt Restructuring
dBusinessNews.com - SIMCO's subsidiary Shinil of Korea entered into a restructuring process whereby they will amalgamate their affiliate automotive parts company Hyun Yang. The amalgamation is being undertaken to restructure debt and streamline the business operations