Meritor announces new execs
TROY—The auto supplier Meritor Inc. (NYSE: MTOR) announced several executive appointments effective March 1. The appointments occur as aresult of the previously announced move of Jay Craig, president and CEO, to …
Air Lift buys Oklahoma firm
LANSING—The air suspension products manufacturer Air Lift Co. announced the acquisition of Oklahoma-based air tank manufacturer Flo Airride Manufacturing. Flo Airride, founded in 2016 by Mike Alexander and Tim Dunaway, has a reputation …
Power: Auto service centers should prepare now for Coronavirus parts shortages
TROY—As the coronavirus crisis continues to interrupt global supply chains, auto dealers are bracing for parts shortages that could undermine hard-fought gains made in customer satisfaction over the past few …
Horizon Global sales dip, loss increases
TROY — Horizon Global Corp. (NYSE: HZN), a manufacturer of towing and trailering equipment, reported a loss of $46.8 million or $1.86 a share in the fourth quarter, compared to …
Air Lift rolls out new wireless air suspension control system
LANSING — Air Lift Co. announced a redesign of its WirelessOne on-board air compressor system, making the wireless control of all brands and types of air springs easier and more …