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.
Transportation systems sales were down 24% compared with the third quarter of 2008 due to lower volumes primarily driven by lower sales to global automotive OE customers and the negative impact of foreign exchange, partially offset by new platform la
The Automotive Distribution Network has formed a strategic alliance with The Auto Pride Network, according to Mike Lambert, president of the Network. Formerly a division of IWD, Auto Pride will now be its own marketing entity within the Network
We have had a few weeks to reflect upon the recent results from many of our publicly traded aftermarket companies. Heading into the earnings season, we were confident in our estimates in spite of this being the first quarter of challenging year over
A dark horse in a down economy. Cautiously optimistic. Sporting green shoots. Many characterizations can encompass how people see the automotive aftermarket, but in one area in particular — the industry’s investment environment — th
The investment brilliance of many industries has faded as the economy has faced turmoil and instability; yet investors continue to see the aftermarket as a precious gem ? an attractive, long-term and valuable undertaking.
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
Aftermarket Business is taking an extensive, detailed look at investments in the aftermarket. We analyze what historically has happened to shape the market, the present market performance and expectations for what is to come in the future.
Trico Products is ready for changing driving conditions and getting others ready to with its new promotion, ?It?s Raining Rebates,? running for two months this fall. The promotion, which starts Oct. 1 and continues through Nov. 30, offers the opportu
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