Federal-Mogul Completes Financial Restructuring
Even while in Chapter 11 bankruptcy, truck parts supplier Federal-Mogul grew globally. The Company has now emerged financially stronger with backing strong enough to sustain growth and remain profitable.
Popular GPS Originated with the Air Force
Millennium Plus GPS, originally developed by the United States Air Force, was the precursor to the popular GPS consumers are buying for their vehicles. Deregulation of the military technology in 1996 made it possible for such technology to be accessible to the public.
2007 Used-Car Market Review: Green is In, ADESA got Bigger, Wall Street Dances With BHPH
Looking back over the biggest stories of 2007 in the used car market, the nation's second largest auction company, ADESA, was purchased by a private equity group and quickly expanded. Investors showed more interest in BHPH chains but results were mixed. Environmental topics were on everyone's minds and franchise dealers put more emphasis on used-car sales.
Keystone, LKQ Help Recycle Vehicles for Needy
Keystone Automotive Industries and LKQ Corp donated parts to the National Auto Body Council Recycled Rides Program. This nationwide vehicle donation program is designed to provide needy families with safe, reliable transportation. Parts were delivered to various auto body shops around the country in conjunction with the program.
