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Tag: auto
UAW local shoots down auto supplier's contract package
2015-12-08 18:47:37| Automakers - Topix.net
After roundly trouncing a new wage pact during the weekend, The United Auto Workers, Local 699, struck Nexteer, a major Detroit supplier of drivelines and steering parts. Nexteer, formerly owned by General Motors, is the property by Pacific Century Motors, a Chinese joint venture between Tempo Group of Beijing and an affiliate of the Beijing municipal government, said Automotive News this morning.
Tags: local
auto
contract
package
Icahn Declares a 12% Stake in Pep Boys, Plots Takeover by Auto Plus
2015-12-06 21:55:41| Auto Parts - Topix.net
Billionaire activist investor Carl Icahn disclosed a new 12.1 percent stake in The Pep Boys - Manny Moe & Jack and said the auto parts and maintenance chain's retail business should be acquired by Auto Plus - a competitor he controls. Icahn believes Pep Boys' "retail automotive parts segment presents an excellent synergistic acquisition opportunity for Auto Plus, a leading automotive aftermarket company wholly owned by" Icahn Enterprises LP, according to a 13D regulatory filing Friday.
Advance Auto Parts, Inc. (AAP) Upgraded to Hold by Zacks Investment Research
2015-12-06 00:23:00| Auto Parts - Topix.net
According to Zacks, "Advance Auto Parts reported a rise in adjusted earnings per share in the third quarter of fiscal 2015. However, the figure missed the Zacks Consensus Estimate.
Tags: research
auto
parts
hold
Report: Auto Industry Sees Record Sales
2015-12-06 00:22:11| Auto Dealers - Topix.net
According to reports , November auto sales hit record numbers. New-car sales last month benefited from Black Friday deals, low gasoline prices, and low financing costs, analysts report.
Tags: report
auto
sales
record
Salt River to build $60 million auto mall; first on tribal land in U.S.
2015-12-05 04:41:47| Auto Dealers - Topix.net
A $60-million, 70-acre complex at Indian School Road and Loop 101 will be anchored by Chapman Automotive Group. Salt River to build $60 million auto mall; first on tribal land in U.S. A $60-million, 70-acre complex at Indian School Road and Loop 101 will be anchored by Chapman Automotive Group.
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