Uni-Select Announces C$125 Million Convertible Debenture Financing, Concludes Strategic Review Process
Uni-Select also announced the appointment of David Samuel and Matthew Kunica as directors of the corporation, effective Jan. 1, 2020.
Uni-Select Reports 2019 3rd Quarter Sales Of $450.8M
The Canadian Automotive Group segment generated organic growth of 1.3%, while The Parts Alliance U.K. and the FinishMaster U.S. segments faced headwinds, reporting negative organic growth of 2.6% and 0.5%, respectively.
UK Vehicle Production Falls 20% In First 6 Months
New data reveals £330 million ($367 million US) cost of EU departure mitigation measures, underscoring the need for a Brexit deal.
Uni-Select Reports 2019 Second Quarter Financial Results
Consolidated sales of $456.2 million for the second quarter, when compared to the same quarter last year, were affected by a foreign currency conversion impact amounting to $11 million or 2.4%, as well as by the impact of a different number of billing days of $3.9 million or 0.8%.
Uni-Select Reports 2019 Q1 Financial Results
The company has reported sales of $420 million, up 2.5 percent organically.
Uni-Select Reports 4th Quarter, Full Year 2018 Results
In addition, Uni-Select’s board and management initiated the development of a broad performance improvement plan for its U.S. operations with the objective of realigning FinishMaster US to address changing market conditions, including ongoing consolidation by national accounts and pricing pressures.
CAR Data: U.S. Light Vehicles Sales Expected To Take A Dip In 2019
CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 million units in 2021. Sales are projected to rebound to 16.8 million units by 2022 and continue an upward trend through 2025.
Bill Strauss Of Chicago Federal Reserve To Discuss The Global Economic Overview At Heavy Duty Aftermarket Dialogue
Strauss will discuss individual global economies with historical, present and anticipated outlooks in key geographic regions. Strauss also will cover what is driving – or hindering – the interrelationship between countries, including the current hot-button topics of Section 232 and 301 tariffs, the predicted third quarter slowdown, and the effect Brexit has on the EU.
HORIBA’s Dr. George Gillespie Appointed President Of The Society Of Motor Manufacturers And Traders
SMMT is one of the largest and most influential trade associations in the U.K. and represents more than 800 automotive companies. Widely regarded as the voice of the U.K. motor industry, SMMT supports the interests of the industry at home and abroad, promoting a united position to government, stakeholders and the media.
Global Car Sales Up By 2.4 Percent In 2017 Due To Soaring Demand In Europe, Asia-Pacific And Latin America
Global demand for SUVs has continued, registering a new record market share of 34 percent, according to the latest data released by JATO Dynamics.
