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News Briefs 5/21/2010

Tenneco (Lake Forest, IL) was honored with the 2010 Polk Inventory Efficiency Award during the Global Automotive Aftermarket Symposium this week. Tenneco was recognized for its Inventory Analysis & Optimization Solution called InVision, which has allowed the company to automate the stock adjustment process by using sales intelligence and developing a more efficient process for responding to lost sales opportunities and recapturing sales. … Canadian Tire (Toronto) reports that its PartSource chain of 87 specialty auto parts stores experienced a decline in sales in the first quarter of 2010, primarily driven by weather-related factors as warmer weather negatively impacted seasonal sales. … During the first quarter, PartSource established a hub store in Dartmouth, NS. The facility serves 13 Canadian Tire retail stores. … Remy Power Products unit volume increased 1 percent in the first quarter of 2010, according to parent company Remy International (Pendleton, IN). … Pennzoil, Performax and Quaker State have joined ShowMeTheParts and ShowMeTheFilters.com. … Borla Performance Industries of Oxnard, CA, has selected Direct Communications Inc. as its electronic catalog provider. … CRC Industries (Warminster, PA) has acquired the Salt Terminator product line from Kwik Tek Inc. … May 28 is the deadline for interested students to apply for the Car Care Council Women’s Board 2010 scholarship program. For more information, visit http://carcare.org/scholarships. Winners will be notified in July.

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