AAIA Issues ‘Call to Action’
On Feb. 26, Sen. Lindsey Graham, (R-S.C.), introduced the Motor Vehicle Owners’ Right to Repair legislation (S. 2138) in the Senate. Similar to legislation in the House (H.R. 2735), the bill would ensure that motorists retain the right to choose how and by whom their vehicles are maintained and repaired. AAIA and AWDA are strongly urging individuals and businesses involved in the industry to go to the Legislative Action Center at www.aftermarket.org and send a letter urging their senator to join Graham in supporting S. 2138.
AutoZone EPS up 32 Percent
AutoZone has reported sales of $1.159 billion for its second fiscal quarter, which ended February 14, an increase of 3.4 percent from fiscal 2003. Same store sales, or sales for domestic stores open at least one year, were flat overall, the company said. Retail same store sales were down 1 percent while AZ Commercial same store sales were up 10 percent.
Delco Remy International Announces Fourth Quarter And Year End Results
Delco Remy International announced that fourth quarter 2003 Adjusted EBITDA increased 62.9 percent to $27.7 million on a net sales increase of 4.2 percent to $261 million as compared to EBITDA of $17 million and net sales of $250.5 million for the same period in the prior year.
2004 AAPEX Booth Selection Begins; New Online Process Initiated
As of March 1, all qualified companies participating in the 2004 Online Space Drawing for the 2004 Automotive Aftermarket Products Expo (AAPEX) received their scheduled booth selection date and time for the Online Space Drawing. The Online Space Drawing is scheduled to begin at 10 a.m. (EST) on Monday, March 15.
Jim Pearl Rejoins Denman Tire Corp.
James Pearl has rejoined Denman Tire Corp. as senior vice president of sales and marketing. Pearl worked for Denman for ten years prior to leaving in late 2002 to pursue other opportunities. Pearl will once again have overall responsibility for the sales and marketing functions and will be leading and coordinating the efforts of the sales and marketing department.
ASC Adds West Coast National Accounts Manager
ASC Industries has hired Alfred Cardoza as its new West coast national accounts manager. In this new role, Cardoza will be responsible for growing sales and managing account activity West of the Rocky Mountains. ASC recently expanded its distributor network in the West.
Earl Scheib Adds Two Board Directors
The board of directors for Earl Scheib Inc. has appointed James Burra and Salvatore Zizza as members. The board also accepted the resignation of Gregory Helm from the board. Helm resigned to pursue other interests. Earl Scheib is a nationwide operator of 115 auto paint and body shops throughout the U.S.
Terry Shively Named Vice President and General Manager of Clevite Engine Parts Division
Terry Shively has been named vice president and general manager of Dana’s Engine and Fluid Management Group’s Clevite Engine Parts Division. Terry McCormack, president of the Dana Automotive Aftermarket Group (AAG) made the announcement.
Autospecialty Announces Executive Promotions
Autospecialty has announced a number of executive promotions. Larry Fidance has been promoted to vice president of marketing for the entire company.
Executive Interview with Howard Kesten, President and Founder of Workboards
Our latest edition of “Executive Interview” features Howard Kesten, president and founder of Workboards, which launched the automotive job site, aftermarketJobs.com, in December 2003. A two-time guest speaker at AAPEX, Kesten is also founder and CEO of APA Search, Inc., an executive search and human resources consulting firm serving the automotive industry. In 18 years, he has placed more than 1,600 automotive professionals. Join us as Kesten provides an introduction to aftermarketJobs.com and shares with us his predictions for the future of the aftermarket and the job market.