From AAIA AutoFacts
NEW YORK — Kathleen Schmatz, AAIA president and CEO, and Al Gaspar, president emeritus, addressed a group of 30 Wall Street investors at a luncheon meeting at the Yale Club in New York City last week. The meeting was hosted by the Consumer Research Group, a division of Whitaker Securities LLC. The group’s specialty area is major retailers, including auto-parts retailers. An additional 10 analysts linked to the presentation via telephone and computer.
The latest statistics and trends on the size, shape and structure of the aftermarket were addressed, as well as profiles of AAIA’s market-growing initiatives: Product Information Exchange Standard (PIES), category management, Right to Repair Act and the “Be Car Care Aware” campaign.
Schmatz and Gaspar said they were struck by the depth of understanding the analysts possessed about the aftermarket industry and their awareness of and concern about passage of the Right to Repair Act and its potential impact on shareholder value. Attendees expressed great interest in AAIA’s data synchronization programs. A number of analysts had seen the “Be Car Care Aware” logo in stores around the country.
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