This article follows up on Parts III and IV of this series (Basic FCPA compliance principles [June, Aftermarket Business World] and Dealing with third parties [July, Aftermarket Business World]) to cover the FCPA problems raised by mergers and acquis
Who doesn't have at least one moment to spare for a brief survey, especially when that "brief survey" is positioned as a means to better serve the aftermarket and especially when the operative expression is "brief"?
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
Recently, I was asked to create a presentation for ASA-Texas, an Automotive Service Association affiliate. I was allowed to choose the subject, and I decided upon ?Involvement and Commitment: Risks and Rewards.?
?Building bridges between people and nations by promoting peace through trade and commerce? was the single goal of Nicola M. Antakli, founder and chairman of Intraco Corporation, when he first came to America.
This article follows up on Part III of this series, FCPA compliance principles, to deal with the Foreign Corrupt Policies Act problems raised by agents and distributors. Because agents and distributors are used so often by many companies in the autom
I had what can only be described as one of the most uncomfortable experiences I?ve ever had just the other day ? uncomfortable, but unfortunately, not altogether that unusual. It is something I fear is indicative of a far more dangerous problem than
Cloyes Gear & Products? business in Mexico City began with the acquisition of a subsidiary company in 1990 in Chicago called Timing Gears Company, which manufactured and sold timing components under the brand Cy-Lent. Timing Gears Company sold to
One of my favorite clients just walked in. He?s a crusty old curmudgeon who can be abrupt and difficult for just about all of the other 11 months of the year. But, somewhere around mid-October or early November he stops shaving and a miraculous trans
The strength in industry fundamentals and end-user demand over the past 24 months — as we have previously written — has led to substantial outperformance, relative to market benchmarks, for publicly traded aftermarket equities, in turn dr
Often I am asked about what factors make some US aftermarket companies more successful than others selling their products globally. There are three important traits that internationally successful companies share — let’s explore these suc
Export control and sanction requirements have been around for years, but are taking on increasing prominence. As a follow-up to Part VI of this series (Basic export control compliance principles [September, Aftermarket Business World]), this article
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.
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
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