Financial

  • On October 1, LKQ acquired Euro Car Parts (ECP), the largest distributor of automotive aftermarket parts in the United Kingdom, which generated $420 million in revenue in 2010. The company operates 89 branch locations throughout the UK, including 8 r
    Aftermarket World Auto Parts Distribution
  • While the nation continues its efforts to shake off one of the most challenging economies in its history, it still faces daunting financial issues, indecisive consumers and investors plus unpredictable and unprecedented government fiscal and regulato
  • I am not an economist, don?t play one on TV, and didn?t spend the night in a Holiday Inn Express. Still, I think that 2012 will be another good year for the aftermarket ? for the one simple reason that the average age of the fleet continues to trump
    Aftermarket World Auto Parts Distribution
  • WASHINGTON, D.C. –The Securities and Exchange Commission today announced that the former chief executive officer and chairman of CSK Auto Corporation has agreed to return $2.8 million in bonus compensation and stock profits that he received whi
  • 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
  • If I could show you the single best way to increase customer service and your profits, would it be worth something to you?
  • Have you heard? The price of nearly everything has gone up. No news flash there.
  • For the last couple of weeks, I have been hauling around a very pretty, sexy and interesting Keystone catalog that I have every intention of reading.
  • I predicted we would see an increase in business a couple months ago — and I thought I might tell you how it has been going.
  • It had been our fear that the tough Q3 2011 comparisons would be the catalyst for a potential misstep from an industry perspective. While only a mild speedbump if you will, given what remain still favorable fundamentals, we were concerned that result
    Aftermarket World Auto Parts Distribution
  • The Automotive Management Institute (AMI), is accepting applications for the $1,000 Automotive Video Inc. (AVI) Education Scholarship.
    Motor Age Magazine
  • When Midas reported its 2011 Q2 results, management was quite candid with respect to its disappointment surrounding the stock price. Following the settlement of Midas? European arbitration and Q2 earnings, management announced that its board would co
    Aftermarket World Auto Parts Distribution
  • Hankook is reporting continued strong sales growth for this year’s first quarter, citing a 17.1 percent increase amounting to a worldwide sales figure of KRW 1.71 trillion (South Korean funds).
    Motor Age Magazine
  • 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