Pricedex and Illumaware Announce New Strategic Alliance at eForum
Yesterday at the Aftermarket eForum in Chicago, two product information management (PIM) software and data management services providers – Pricedex Software, Inc. and Illumaware Corp. — announced a new alliance. Pricedex Software and Illumaware Corp. will work together to offer comprehensive, scalable end-to-end PIM and data management solutions to aftermarket manufacturers, distributors and retailers that can be tailored to their specific financial and performance requirements.
Info Management Solution Created to Help Aftermarket Companies Meet Sarabanes-Oxley Compliance
As automotive parts suppliers close their books on 2005 — a tough year that saw a number of leading companies having to restate earnings and come under the review of the Securities and Exchange Commission for accounting and pricing irregularities — it’s becoming increasingly apparent that many of them need stronger oversight and processes related to parts and pricing management, says Terence O’Reilly, president and chief executive officer of Pricedex Software, Inc.
Troubled Pep Boys Hires Goldman Sachs as Adviser
Pep Boys — Manny, Moe & Jack, the Philadelphia-based auto parts and repair chain that has struggled with flagging sales, has hired Goldman Sachs Group Inc. “to explore strategic and financial alternatives.”
Aftermarket Coalition Takes Issue with Georgia Congressman’s Comment
The Coalition for Auto Repair Equality (CARE), in a press release, stated that Rep. Lynn Westmoreland (R-GA) wants to deny consumers the right to repair their own vehicles. The non-profit organization said the Georgia Congressman has “chosen to side with the automakers” against the Motor Vehicle Owners’ Right to Repair Act (H.R. 2048) legislation.
R. L. Polk & Co.’s Ask The Industry Learns How Hurricane Katrina Affected the Aftermarket
For this edition of Ask The Industry, we asked members of the industry who were affected by Hurricane Katrina how they are handling their recovery efforts. We talked to O’Reilly Automotive CEO and Co-President Greg Henslee, whose area stores sustained much damage, and Automotive Aftermarket Association of the Southeast (AAAS) President Randal Ward, whose members in the Alabama and Mississippi region were directly affected as well.
New Car Care Council Executive Board Created
The Car Care Council, which directs the “Be Car Care Aware” consumer education campaign, established a new Executive Board at a special meeting held last month in Detroit. Eleven industry executives were named to the new board, which will provide a leadership and oversight platform to the council.
NASCAR and Advance: A ‘Win-Win Situation’
There’s a trite phrase used with companies that market with NASCAR, said Karl Barnhart, a managing director at CoreBrand, a New York branding firm. “You win on Sunday, and you sell on Monday,” he said.