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Category Archives: aftermarket
1940 Ford Coupe Steel Bodies on Sale Again. Hot Rodders Rejoice!
This sure beats cutting out rust, filling by welding and smoothing with Bondo: Ford Motor has licensed reproduction steel bodies of one of the all time favorite street and strip machines – the 1940 Ford Coupe. A nascent restoration or what could become a flame-painted hot rod is available now with prices starting at $11,900, plus shipping, from Dennis Carpenter Ford Restoration Parts. Continue reading
GM and BMW Diagnostic Tool Counterfeiter Arrested in Virginia
The seller of Chinese-built counterfeit tools was indicted yesterday by a federal grand jury in the Eastern District of Virginia for alleged participating in a conspiracy to sell U.S. consumers more than $3 million worth of counterfeit General Motors (GM) and Bavarian Motor Works (BMW) automotive diagnostic tools, electronic keys and fobs. Continue reading
Taiwan Auto Lights Maker Guilty of Price Fixing
A Taiwan-based auto lights manufacturer and its aftermarket U.S. distributor have pleaded guilty for participating in a seven-year, international conspiracy to fix the prices of auto lights. Tainan County, Taiwan-based Eagle Eyes Traffic Industrial Company and its U.S. subsidiary, Chino, … Continue reading
NHTSA Prompts Toyota Power Window Switch Recall for Fires
Toyota Motor Sales, U.S.A. will recall 2.5 million vehicles – 7.5 million units worldwide – because a defective power window switch can cause fires. The latest Toyota safety problem was discovered by NHTSA earlier this year after it opened an investigation about an unusual number of consumer complaints – 32 – alleging a burning electric window switch on the driver’s side door. Toyota and NHTSA have known of the problem for years. Continue reading
NHTSA Says Chinese Counterfeit Air Bags are a Safety Problem
The U.S. Department of Transportation’s National Highway Traffic Safety Administration – NHTSA – has published a consumer safety advisory to warn vehicle owners and repair shops about the dangers of counterfeit Chinese air bags. NHTSA said it has become “aware” of a problem involving the sale of counterfeit air bags for use as replacement parts in vehicles that have been involved in a crash. Continue reading
World Record Claimed for Pebble Beach Auto Auction
The official auctioneer of the Pebble Beach Concours d’Elegance sold more than $113.7 million at the Pebble Beach Auctions on August 18 and 19. Twenty-four collector cars sold in excess of $1 million each, led by the von Krieger Special Roadster, a 1936 Mercedes-Benz 540 K, which sold for $11,770,000 on Sunday night, a claimed double world record for a Mercedes-Benz and a pre-war car at auction. Continue reading
Auto Theft UK Style – $473 Million Unrecovered in 2011 Alone
The latest auto theft numbers in Great Britain are just as grim as in the U.S. In 2011, 65,000 vehicles were taken from their owners in the UK and never recovered for losses of £300 million or $473 million. More than two thirds (71%) of stolen cars disappear, never to be seen again. As they are stripped for either parts or shipped out of the country, according to swiftcover.com. Not surprisingly, more expensive stolen cars are more likely to disappear without a trace. Continue reading
April Japanese Automaking Surges with $13 Billion in Exports
The strong recovery is bad news for the Detroit Three since many of the vehicles will be shipped to North America, by far the largest export market for Japanese automakers. More than 157,000 vehicles were shipped to North America, with 140,000 of those sent the United States, where the new vehicle market is slowly growing once again. Continue reading
Right to Repair Bill Passes Massachusetts Senate
A version of the bill, omitting dealerships, is currently before the Massachusetts house, with unknown prospects. However, more than 100,000 citizens signed a Right to Repair ballot initiative earlier this year. If the legislature does not pass a final bill, the state’s consumers will get their own chance to vote—on the November ballot. Recent polls have shown support level for Right to Repair as high as 87%. Continue reading
SAE Auction of Unique Roush Mustang Coming to Ford Field
What’s said to be a unique pony car has a custom silver body and graphics, a Roush 5-liter supercharged V8 engine using Ford Racing’s “Aluminator” long block. The engine is rated at 625 horsepower and 540 ft-lbs of torque, numbers you can believe because of SAE standardized test procedures that stopped creative math calculations by performance car marketers. Continue reading
Posted in aftermarket, auto news, new vehicle, people, transportation
Tagged auto informed, autoinformed.com, automotive news, ford field, Ken Zino, roush mustang, sae foundation
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Michelin Recalls Bus Tires Because Retreads Can Blow Out
Both original equipment and aftermarket bus tires – either new or retreaded – are affected. These tires have a casing that may experience a loss of integrity and, in some cases, have “rapid air loss.” Continue reading
Posted in aftermarket, auto news, recalls, safety
Tagged auto informed, autoinformed.com, automotive news, Ken Zino, michelin tire recall, nhtsa, recalls
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Shelby to Show 1,000 Horsepower Mustang in New York
Both of these blatantly irresponsible or politically incorrect pony cars – your choice – are derived from the 2012 Ford Shelby GT500. Shelby American uses Ford Motor Company’s 5.4 liter V8 block, but adds new rods, crank and pistons. The stock Ford supercharger is also replaced, and the cooling and exhaust systems modified to handle the additional demands. Continue reading
Posted in aftermarket, auto news, marketing, news analysis
Tagged auto informed, autoinformed.com, automotive news, hot rods, Ken Zino, shelby, shelby 1000, shelby gt500, tuner cars
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TBC Begins Tender Offer for Shares of Midas at $11.50
The offer appears positive for Midas shareholders since share prices have ranged from a recent 52-week high of, well, $11.50 – raising the distinct possibility of insider trading – to a 52-week low of $5.08. Currently Midas is trading at $11.47. Midas made $0.28 per share during 2011 or $4 million on revenue of $184 million. For this dismal performance, its top executives were compensated $1.7 million, which left no money to pay a dividend to shareholders. Directors and officers of Midas own more than 10% of the stock, which could result in a challenge to the takeover. Continue reading
Posted in aftermarket, auto news, news analysis, prices, results
Tagged auto informed, autoinformed.com, automotive news, insider trading, Ken Zino, midas, sec, takeover, tbc
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Customer Satisfaction with Dealer Service Improves
It seems a shift in the type of work done is largely responsible for the gains. In 2012, 72% of vehicle owners indicate their latest dealer service visit was for maintenance rather than repair, an increase from 63% in 2011. Customer satisfaction with maintenance visits is typically higher than satisfaction with repair visits, since visits for routine maintenance tend to be less expensive and less time-consuming. Continue reading
