From Associated Press, MEMA Industry News
POMONA, CA — Auto replacement parts distributor Keystone Automotive Industries Inc. said Friday that it suspended the sale of aftermarket headlamps for the Ford Taurus and the General Motors Pontiac Grand Am as a result of independent tests that indicate these headlamps do not fully comply with federal standards.
Headlamp sales are suspended for Taurus model years 1996 to 2004, and 1999 to 2004 for the Pontiac Grand Am.
As a result of the independent test results, Keystone said at least six insurance companies indicated they also suspended use of the aftermarket headlamps in repairing damaged vehicles. In addition, one or more insurance companies may have discontinued specifying all aftermarket headlamps in vehicle repair.
Keystone’s sales of headlamps for the Taurus and Grand Am during the last 12 months constituted less than one-half a percent of its total sales, and sales of all headlamps during the period were about 12 percent of total sales.
Keystone said sales to date have not been hurt by the recent suspension actions, and discontinuing sales of the Taurus and Grand Am headlamps won’t adversely affect the company. However, a discontinuance of the specification of all aftermarket headlamps by a number of insurance companies would hurt Keystone’s financial results.
Click here to view the rest of today’s headlines.