The Automotive Parts Services Group (The Group) and its European partner, AD International, recently met in Miami to discuss global trends and strategic initiatives that impact 1Parts constituents. 1Parts is a joint venture between the two organizations.
The 1Parts board meeting included representatives from ADI, along with Federated Auto Parts and National Pronto Association – which comprise The Group, as well as members of The Group management team. Discussions centered on such topics as market and OE trends; legislative concerns and impacts; customer connectivity and collaboration; enhancing supplier value; brand support activities; internet initiatives and growth opportunities.
“Each time we spend time with our European partners, we gain valuable insight into the many opportunities and challenges we all face and explore ways to capitalize on global trends impacting our members and our industry,” said Bill Maggs, CEO of National Pronto Association and co-CEO of 1Parts, the joint venture with ADI. “An important part of our mission is to identify best practices for vendor partnership and state-of-the-art support to our members and their customers.”
“The auto parts business has more global reach than ever before,” said Rusty Bishop, CEO of Federated Auto Parts. “The 1Parts board meeting gives us the chance to learn from our peers, have meaningful dialogue, and exchange information and ideas. By better understanding the global marketplace and how it impacts us now and in the future, we can work together to leverage resources and pursue common goals going forward.”