Sunday, September 10, 2006

Genuine Parts launches Heavy Vehicle Parts Group USA (Auto parts)


Genuine Parts launches Heavy Vehicle Parts Group USA
Genuine Parts Co. has created a new automotive operating unit based in Atlanta that will focus on parts for heavy-duty trucks and trailers.

Opec output intact
Vienna, Sept. 10: The oil ministers of the Organisation of Petroleum Exporting Countries (Opec), who are in Vienna, said they aim to keep the groups production ceiling stable. However, concerns about declining prices emerged as they began informal discussions before their meeting today.

IntelliChoice.com Says Hybrids Continue to Be ''Best Deals''; Toyota Prius Marks More Than a Year as a Leader in Total
CAMPBELL, Calif.--Sept. 8, 2006--PRIMEDIA's IntelliChoice.com, the leading source for automotive ownership cost and value analysis, today announced its "Best Deals of the Month" for September 2006. The list shows that hybrid vehicles are proving their value for the long haul.

Bush calls Ford amid criticism of delayed meeting
President George W. Bush called Ford Motor Co. Chairman Bill Ford as he visited Michigan on Friday in a show of concern for the struggling automaker after he was criticized for delaying a meeting with Detroit's Big 3 automotive executives.

Advanced Accessory Systems Completes Sale of Its Towing System Businesses to Thule for $203 Million
STERLING HEIGHTS, Mich., Sept. 6 -- Advanced Accessory Systems (AAS), a leading maker of automotive roof racks and towing systems, announced today that it has completed the divestiture of its towing system businesses in the U.S. and Europe to Thule AB of Sweden for $203 million, subject to adjustments.