aftermarketNews Weekly (July 2-6) – Now Featuring AftermarketJobs.com
The “aftermarketNews Weekly” offers a snapshot of the most highly read stories of the week as seen on aftermarketNews.com. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news e-mails, just click on the link that says “News Archives” at the bottom of the page to begin catching up on the latest industry news.
BB&T: Lowering Estimates as O’Reilly Management Adjusts Second Quarter Guidance
In an analyst’s note from BB&T’s Bret Jordan, the firm questioned whether recent weakness is a reflection of macro instability.
Delphi Appoints Craig Barnes as Vice President for Global Independent Aftermarket
Barnes is the former senior vice president of merchandising, pricing, global sourcing, marketing and inventory and demand planning at CARQUEST. Prior to joining CARQUEST in 2009, Barnes spent more than 20 years at AutoZone. In his new role at Delphi, Barnes will be responsible for growing the global independent aftermarket business with a strong focus on the customer with regard to all aspects of the business including parts, diagnostics and service solutions.
Fastrak Retail and OSRAM SYLVANIA Build At-the-Shelf Touchscreen for Shoppers
The automotive lighting brand is testing out the iPad app at touchscreen kiosks at the shelf at select Eastern AutoZone stores.
The Pulse: Northcoast Research Independent Automotive Repair Garage Survey, May 2012
Each month, Northcoast Research publishes the Northcoast Research Mechanic Index, based on the results of a survey of approximately 50 independent repair shops operating in the top 10 states (based on the light vehicle fleet population), plus Advance Auto Parts’, AutoZone’s and O’Reilly’s aggregate store count.
Federal-Mogul Board of Directors Elects Michael Broderick CEO, Global Aftermarket Division
The Board of Directors of Federal-Mogul Corp. today announced the election of Michael Broderick to the position of chief executive officer (CEO), Federal-Mogul Aftermarket Division, effective June 25. Broderick will fill a role that was established in March when the Federal-Mogul Board of Directors announced its decision to modify the company’s corporate structure to create a separate and independent aftermarket division.
More Details on Failed Pep Boys Buyout
Gores Group, a Los Angeles-based private-equity firm, cancelled its plans to buy Pep Boys after the retailer posted lower than expected first quarter results.
The Pulse: Northcoast Research Independent Automotive Repair Garage Survey April 2012
Each month, Northcoast Research publishes the Northcoast Research Mechanic Index, based on the results of a survey of approximately 50 independent repair shops operating in the top 10 states (based on the light vehicle fleet population), plus Advance Auto Parts’, AutoZone’s and O’Reilly’s aggregate store count.
ASAAA Launches Legislative Education and Awareness Program
ASAAA program to educate state legislatures about value and quality of aftermarket debuted during AAIA Leadership Days.
AAIA Elects Tim Lee Chairman of the Board
The Automotive Aftermarket Industry Association (AAIA) has elected Tim Lee of Lang Distributing, as chairman of the AAIA Board of Directors for 2012-2013. Lee was elected as the new AAIA Chairman during Spring Leadership Days on May 4 in Scottsdale, Ariz. He will replace current chairman Bob Egan of Federal-Mogul on July 1. New officers and board of directors also elected.