A recent article from Audatex focused on the growing number of accident claims from deer collisions ? roughly 100,000 accidents each month. It?s interesting because for most of the year, this segment of our coverage group has underperformed relative
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
The fact that China vehicle sales passed the 10 million mark in 2009, and that sales are expected to reach an approximate 15 million by the end of 2010, is no longer a surprise. As this growth continues, numbers are expected to reach the 20 million m
When I interviewed for my first job in this business in 1979, my soon-to-be boss said, “It’s a simple business based on a simple three-step distribution model. It’s a tried-and-true model that is at the heart of this industry’
Many of the talking heads on TV, print pundits and the blogosphere babblers are caught up in the euphoria of ?the economic recovery.? One auto industry writer recently said that recessions typically last 18 months and since we?ve been in a recession
The automotive Heating, Ventilating and Air Conditioning (HVAC) aftermarket is characterized by commoditization and low margins. In 2009, manufacturer-level revenues from compressors, condensers, evaporators, radiators and heater cores, declined 3.2
Some of your shop customers are in a bit of a panic over their future. They see the vehicles they work on becoming increasingly more complex, which means they need to know more and to spend more on tools and equipment.
Among the first things those interested in doing business in Brazil should remember are its size and diversity. The country is only slightly smaller than the U.S.?s entire lower 48, and is ranked number five in the world by land mass. It is also the
During a recent trip to China, I attended three automotive industry trade shows. The first of those trade shows was the annual Automotive Maintenance and Repair Trade Show (AMR) held in Beijing every year. The other shows, which ran concurrently, wer
A recent editorial ("Trade Wall," Aftermarket Business, August 2009) by Larry Silvey, editor-in-chief of Aftermarket Business and editorial director for the Advanstar Automotive Group, takes the position that U.S. companies are selling and U.S. consu
Santa has been watching. For the aftermarket, 2009 started with cautious optimism and ended with an overall sense of relief. Resiliency and the industry's overall defensive nature overcame financial crisis. In 2009 it was one of the top performing in
We recently upgraded shares of Advance Auto Parts from hold to buy. It?s always tough to gauge the sentiment of the street as investors rely on visibility ? confidence on execution ? and time horizons for some are not always as longterm in nature as
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