Item 2.06. Material Impairment.

On June 12, 2009, in connection with Honda's intention to in-source the remanufacturing of automatic transmissions beginning as early as the end of 2009, ATC Technology Corporation concluded that all of the goodwill in our Drivetrain segment has been impaired and we expect to record a non-cash goodwill impairment charge of $37.0 million before tax, or $1.32 per share after tax, in the second quarter of 2009.

Item 7.01. Regulation FD Disclosure.

On June 18, 2009, we issued a press release (a copy of which is attached as Exhibit 99) that described the above matter and provided revised projections of the following information for the year ending December 31, 2009:

· Drivetrain segment revenue; and

· Honda transmission revenue.

The information in this Item 7.01 shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.