Financial - Aftermarket Business - Wholesaler, retailer automotive parts
Survey
How do you use April's Car Care Month?
I offer vehicle inspections at my shop.
I am a distributor and I encourage increased sale of vehicle maintenance parts.
I hang Car Car Month signage and have pamphlets available to customers.
I host lane-check events or Car Care Fairs.
Other
I do nothing for Car Care Month.
I offer vehicle inspections at my shop.
12%
I am a distributor and I encourage increased sale of vehicle maintenance parts.
19%
I hang Car Car Month signage and have pamphlets available to customers.
16%
I host lane-check events or Car Care Fairs.
2%
Other
14%
I do nothing for Car Care Month.
37%
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Source: Aftermarket Business

The investor gamble

March 5, 2010
By:Tony Cristello

Investor sentiment toward O'Reilly Auto Parts, as well as many other parts retailers, has grown negative over recent months, in our opinion. From July 30, 2009 (when shares of O'Reilly hit a high of $42.29) until Feb. 9, 2010, the Standard & Poor's 500 (S&P) appreciated 8 percent, and the consumer discretionary segment of the S&P is up 15 percent. In contrast, shares of O'Reilly have declined 8 percent, Advance Auto Parts is off by 12 percent and only AutoZone managed to post a modest gain (2 percent).

Source: Aftermarket Business

Network, Auto Pride form strategic alliance

January 7, 2010

The Automotive Distribution Network has formed a strategic alliance with The Auto Pride Network, according to Mike Lambert, president of the Network.  Formerly a division of IWD, Auto Pride will now be its own marketing entity within the Network. 

Source: Aftermarket Business

An industry on the rise

December 7, 2009
By:Tony Cristello

So here we are almost at year end — with a better than expected outcome.

Source: Aftermarket Business

Q4 earnings down, net income up for Johnson Controls

October 29, 2009

Automotive Experience sales in the quarter declined 14% to $3.5 billion versus $4.1 billion last year due to lower production volumes in North America and Europe.

Source: Aftermarket Business

Standard Motor Products announces Q3 2009 results

October 28, 2009

Consolidated net sales for the third quarter of 2009 were $205.6 million, compared to consolidated net sales of $202.9 million during the comparable quarter in 2008.

Source: Aftermarket Business

Honeywell posts stronger than expected 3Q earnings

October 25, 2009

Transportation systems sales were down 24% compared with the third quarter of 2008 due to lower volumes primarily driven by lower sales to global automotive OE customers and the negative impact of foreign exchange, partially offset by new platform launches with automotive OE customers and share gains in the automotive aftermarket retail channel.

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