Aftermarket Business

Global Automotive Aftermarket Symposium, GAAS scholarships
The Class of 2014 set a new record in the scholarships awarded through GAAS, University of the Aftermarket (UAF) scholarships and collaborating organizations at the automotivescholarships.com website: 295 awards for a total of $320,050.
Curtis Draper
Business is good for global component suppliers due to strong growth in regional markets, according to a recent survey of members of the Overseas Automotive Council (OAC) of the Automotive Aftermarket Suppliers Association (AASA).
AutoZone
AutoZone announced Sept 2 it entered into a definitive agreement to purchase Interamerican Motor Corporation (IMC), which operates 17 locations and is the second largest distributor of OE quality import replacement parts in the United States.
BMW and joint-venture partner SGL are embarking on a $200-million expansion of their carbon fiber reinforced plastics (CFRP) plant in Moses Lake, Wash. The auto industry will turn to CFRP as a material of the future.
auto service
The online market for business-to-consumer parts sales is expected to cross the $40 billion mark by 2020, according to Frost & Sullivan research. Here are some key strategic recommendations for creating a robust digital strategy.
Terry Taylor
MAHLE Aftermarket Inc.’s Service Solutions division named Terry Taylor head of sales. He will be responsible for all sales for MAHLE Service Solutions, including what was the former MAHLE RTI division.
MAM Software
MAM Software is helping Weathers Auto Supply update its technology by implementing Autopart business management software teamed with online e-commerce and cataloging tools.
Lear Corporation
Eagle Ottawa is the world's largest supplier of automotive leather with annual sales of approximately $1 billion.
Big data has arrived in the aftermarket, with the potential to improve supply chain operations from inventory forecasting to pricing.
Matt Chapman
Fleetio is a software tool for fleet operators that allows them to log and track vehicle maintenance schedules using their mobile phones and OBDII devices.

Special Reports

Collision repairers prefer to get their parts from auto parts retailers (33 percent) with dealerships (24 percent) and jobbers (23) a close second and third option, according to the Aftermarket Business World Collision Shop Study.