TI Automotive Opens Plant in Turkey
TI Automotive, a supplier of fluid storage and delivery systems for cars and trucks, has opened a manufacturing plant in Turkey.
Pep Boys to Supply Independent Tire Dealers Group
Pep Boys has formed a supply arrangement with the Independent Tire Dealers Group (ITDG) to supply aftermarket hard parts, shop equipment and tires to the group’s 260 members. Pep Boys will supply the Independent Tire Dealers Group through its auto parts delivery business known as Pep Express Parts (PEP).
DST Asks: Does Your Computer Business System Help You Manage Inventory Consigned to Customers?
“The only way you could ever do business with me is if you gave me your product for free.” Somewhere along the line, a supplier frustrated in his inability to convince a retailer to carry a product line heard that rejection for the umpteenth time and finally decided to take the retailer up on it…literally. He thought, “Why not give him our product for free?” The concept of vendor consigned inventory was born.
“DST Asks: Do You Get Everything You Need from Your Current Computer System?
We’re going to go out on limb and make the assumption that the goal of your business is to make a profit by acquiring customers, selling and servicing them, and retaining them for generating future revenue. If this is not the goal of your business, there’s no need to read further in this week’s column – although if that’s the case, we would love to hear what actually is the goal of your business.
Activant Solutions, Winsby Group Announce Strategic ACES Data Mapping Partnership
Activant Solutions and Winsby Group have announced a strategic partnership designed to increase the speed of delivery for manufacturer data mapped to the Automotive Aftermarket Industry Association’s (AAIA) Enhanced Catalog Standard, or ACES. The new agreement combines Activant’s expanded in-house data mapping capabilities with Winsby Group’s new ACES data conversion technology.
Goodyear to Report 2003 4Q Results on May 19
The Goodyear Tire & Rubber Co. said it would report fourth quarter 2003 financial results, plus details of its restatement of financial results for the years 1999-2003 on Wednesday, May 19. The report will be followed by an investor conference call at 9 a.m. Robert Keegan, chairman and CEO, and Robert Tieken, executive vice president and CFO, will participate in the conference call. They will also provide an outlook for the first quarter of 2004.
Corteco Acquires Precision Automotive Industries
As part of an effort to strengthen its position as a major supplier in the automotive aftermarket, Corteco, the aftermarket business of Freudenberg-NOK, has acquired Precision Automotive Industries (PAI), a Burnsville, Minn.-based supplier of bearings and seals. Terms of the agreement were not disclosed.
Quell Unveils Award-Winning B2B Trade and Tech Show Program
Quell Communications Group, which handles marketing for aftermarket companies such as Akebono, has developed a new program to help businesses make the most of trade show experiences. The Quell Communications Group TradeTech Immersion program provides a strategic approach to exhibiting products, technologies and services at trade and tech shows. This ultimately engages customers in a business dialogue that leads to sales, according to the firm.
Key Safety Systems Forms Shanghai Joint Venture
Key Safety Systems has formed a new joint venture with Yanfeng Visteon Automotive Trim Systems, based in Shanghai, China. With 2004 revenues expected to exceed $1 billion, Yanfeng Visteon is the largest interior trim manufacturer in China, and one of the largest producers of steering wheels.
Radiator.com’s Marketing Drives Sales
A California company has found gold under the hood of America’s older vehicles – with a little help from Visteon Corp. In a little more than a decade, Radiator.com/1-800-Radiator has grown from a $2.5 million local business into a $60 million company with 34 locations nationwide.