Financial

  • It is a bit too early to discuss how the December quarterly earnings shaped up for our public aftermarket companies. In general, the DIFM side of the business continues to fare better than the DIY.
    Aftermarket World Auto Parts Distribution
  • As Swedish automaker Saab nears liquidation, American Saab owners have good reason to be concerned, according to Joe Wiesenfelder, Cars.com executive editor and senior analyst.
    Motor Age - Service Repair
  • A study last month by R.L. Polk & Co. reports that cars in the US average 9 years old. That is nearly 3 times longer than the manufacturer's auto warranty. When the factory warranty expires, drivers are then responsible for paying for inevitable
  • CHICAGO — The aftermarket in a nutshell? Strong, but with some potential hazards ahead.
    searchautoparts
  • Some of you may be tired of what you perceive to be our bountiful optimism over the fundamentals of the aftermarket and even our positive inclination on so many of the publicly traded equities in the space.
    Aftermarket World Auto Parts Distribution
  • As we exit another earnings season, results were largely in line with expectations as almost every aftermarket company we follow posted very strong results.
    Aftermarket World Auto Parts Distribution
  • We believe that management is on the right path to transforming Pep Boys over the intermediate to longer term into a successful competitor in the very fragmented professional service aftermarket through a combination of greenfield development activit
    Aftermarket World Auto Parts Distribution
  • With AAPEX as the ideal industry setting, Affinia Group Inc. unveiled its ?World Smart?? business philosophy, which emphasizes a unique transformational approach to global manufacturing. Affinia President and CEO Terry R. McCormack made the announcem
  • In an industry note we published in early April, we highlighted our concerns that the spike in gasoline prices from $3 at the end of 2010 to $3.70 in mid-April would lead to a slowing in miles driven as well as compression in consumer spending on aut
    Aftermarket World Auto Parts Distribution
  • NGK gave back to the industry at AAPEX on Wednesday afternoon, making a $10,000 donation to the University of the Aftermarket.
  • After 9 months and more than a double in its share price, Motorcar Parts (MPAA) has finally completed its acquisition of Fenwick Automotive Products Limited (Fenco).
    Aftermarket World Auto Parts Distribution
  • Thomas Gallagher, chairman, president and chief executive officer, said sales totaling $2.5 billion were down 12 percent compared to the second quarter of 2008.
  • The investment community is one that is said to have a short memory. That may be true, but looking at historical economic trends can help more accurately shape the present and the future.
    Aftermarket World Auto Parts Distribution
  • General Automotive achieved year-over-year improvements in most profitability metrics in the second quarter of 2009. Revenue in the second quarter of 2009 increased 11.06% to $3,373,999 compared to $3,037,883 in the three months ended June 30, 2008.
  • When Kristin Newhall looks for industry acquisitions, she likes to look at things through an investment criteria lens.
  • In a $310 million transaction, TBC Corp. has purchased Midas, Inc.
    Motor Age Magazine
  • We recently hosted an automotive aftermarket Q&A panel discussion in New York, focused on big-picture trends and industry developments with management from companies spanning the entire aftermarket supply chain.
    Aftermarket World Auto Parts Distribution
  • Looking back at our August automotive aftermarket investor conference, we would say the sentiment of those management teams participating was positive, perhaps even more so than we would have expected given the deterioration in consumer confidence ov
    Aftermarket World Auto Parts Distribution
  • In recent weeks, we have become increasingly concerned over the potential impacts of higher gasoline prices on aftermarket demand trends, given the meteoric rise of crude oil prices (from less than $90 a barrel in January to a close of $113 on 4/8/11
    Aftermarket World Auto Parts Distribution
  • Midas reported stronger than expected Q2?11 results, with EPS of $0.15 coming in ahead of our estimate and consensus of $0.13 on stronger than expected revenue and gross profit.
    Aftermarket World Auto Parts Distribution