Advanced Accessory Systems, LLC Reports 2005 Financial Results
Advanced Accessory Systems, LLC (AAS), a manufacturer of exterior accessories for both OEMs and the aftermarket, has announced its financial results for 2005. The company said net sales in 2005 were $443.5 million, representing an increase of $51.7 million or 13.2 percent compared with net sales of $391.8 million for the year ended Dec. 31, 2004. OEM sales were up $44.5 million, primarily related to new roof rack program launches.
Alan Johnson Named President, CEO of Advanced Accessory Systems
Advanced Accessory Systems, a manufacturer of automotive roof racks and towing systems in North America and Europe, has announced the appointment of Alan Johnson as its new president and CEO. Johnson succeeds Terence Seikel, who announced plans to resign last summer, in order to pursue other interests. Johnson has been president and COO of Plastech Engineered Products in Dearborn, Mich., since early last year when Plastech acquired LDM Technologies of Auburn Hills, Mich.
Opposition Grows for California’s Mandate Banning New Gas-Powered Vehicle Sales
SEMA members and industry consumers sent EPA over 5,000 letters in opposition to the ACC II Waiver.
Coopetition – The Future of OE Dealerships and IAM Shops
Managing Partner Derek Kaufman says it’s time to work with competitors to satisfy the same customer.
Cloyes Gear & Products Acquires Automotive Tensioners Inc.
The partnership aims to deliver an improved and cohesive timing system solution to modern automotive repair shops, Cloyes said.
Lumileds Debuts New Philips Automotive Lighting Website
The site features an entirely new design that brings together the full breadth of the Philips portfolio of automotive lighting and accessories in North America.
Tint World Opens New Location in Louisville
Owners Scott and Susan Hellervik open Tint World Louisville, while planning two additional area locations.
Tint World Charlotte-Matthews Location Under New Ownership
The new owners are Zach Cohen and Zach Nussbaum.
AMN Executive Interview: Aubry Baugh, Lumileds
Baugh shares with us how Lumileds is innovating to serve its customers’ needs.
Tint World Named to Franchise Times Top 400
Tint World reaches the research-based list of largest U.S. franchises for the seventh consecutive year.
