From Counterman.com: Survey Says
Counterman publisher Jon Owens discusses the importance of data in the aftermarket in his August column. He says the industry may believe that traditional distributors are losing business to OE dealer parts channels, but the data suggests otherwise.
From Counterman.com: Breaking Rank
Counterman Publisher Jon Owens discusses the recent break of O’Reilly from program group, Aftermarket Auto Parts Alliance.
PEAK Antifreeze Joins Andretti Racing Lineup for 2007 Season
INDIANAPOLIS — PEAK Antifreeze has announced it will sponsor Andretti Green Racing for the 2007 IndyCar Series season. Marketed and distributed by Old World Industries, one of the largest privately-owned companies competing in the automotive aftermarket, PEAK Antifreeze is an associate sponsor of Andretti Green and is also the "Official Antifreeze & Coolant" of Danica
Midas Reports First Quarter Earnings of $2.2 Million
Midas reported net earnings of $2.2 million — or 14 cents per diluted share — for the first quarter ended March 31. First quarter results include business transformation charges of 2 cents per diluted share related to the continuing shop re-imaging program and the upcoming termination of the AutoZone supply agreement.
GoldenWest Lubricants Re-Launches Prolong With a Million-Dollar Advertising Campaign
POMONA, CA – GoldenWest Lubricants is celebrating the re-launch of Prolong Super Lubricants with a $1 million advertising campaign in a number of consumer automotive enthusiast publications. "Our advertising is going to appear during the critical months from April through September, when enthusiasts devote the most time to the care of their vehicles," said Mike
Armor All Turns 35, Launches Three New Products
To commemorate its 35th anniversary, the Armor All/STP Products Co. is launching three new products, updating its logo and creating new packaging. The company also said it is establishing a presence on the racing circuit.
The Week in Review (March 19-23, 2007)
By Amy Antenora Editor The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
Building for the Future: Northwood University Breaks Ground for Aftermarket Studies Building
In Midland, MI, yesterday, the future of the aftermarket was represented with a shovel full of earth. On Northwood University’s Michigan campus, aftermarket industry VIPs, university alumni, students and faculty gathered to observe the official groundbreaking for the construction of The Sloan Family Building for Aftermarket Studies.
The Week in Review (Feb. 26. – March 2, 2007)
By Amy Antenora Editor The Week in Review offers a snapshot of the most read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, click on any of the dates listed at the bottom of
Midas Reports 2006 Earnings Per Share of 67 Cents after Special Charges for Shop Upgrades, Closings
Midas has reported net income of $10.5 million—or 67 cents per diluted share—for the fiscal year ended Dec. 30, 2006, after pre-tax business transformation charges of $3.3 million, operating losses related to the company’s former exhaust manufacturing business of $1.2 million and stock option expense of $2.2 million. Midas also realized pre-tax gains on asset sales of $3.4 million during the year.