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  1. Karl Rove, a political strategist best known for his provocative and robust knowledge of the major political issues of the day, will speak at AAPEX 2018 during the grand opening keynote session, “Breakfast with John King and Karl Rove: How Trade and the Elections Could Impact the Aftermarket.” AAPEX will take place Tuesday, Oct. 30 through Thursday, Nov. 1, at the Sands Expo in Las Vegas. The grand opening keynote session is a ticketed event and will be held from 7-8:45 a.m. PDT on Oct. 30 in The Venetian, Palazzo Ballroom, 5th floor. During his keynote address, Rove will focus on the global impact of President Donald Trump’s imposed and proposed tariffs, as well as how tariffs potentially levied by foreign countries may impact U.S. businesses. Rove served as senior adviser to President George W. Bush from 2000-‘07 and as deputy chief of staff from 2004-‘07. At the White House, he oversaw the Offices of Strategic Initiatives, Political Affairs, Public Liaison and Intergovernmental Affairs, and coordinated the White House policy-making process. Rove writes a weekly op-ed for the Wall Street Journal and is a Fox News Channel contributor. He is the author of the New York Times best-seller, “Courage and Consequence.” His latest book is “The Triumph of William McKinley: Why the Election of 1886 Still Matters.” Rove’s address will be preceded by John King, CNN’s chief national correspondent and anchor of Inside Politics, who will discuss the upcoming mid-term elections and the impact the various outcomes could have on Washington, D.C. King is an award-winning journalist who has covered the past eight presidential elections and reported from all 50 states and more than 70 countries. The grand opening keynote session will begin with a State of the Automotive Aftermarket Industry presentation by Bill Hanvey, president and CEO of the Auto Care Association, and Bill Long, president and chief operating officer of the Automotive Aftermarket Suppliers Association (AASA). To reserve a table for the event, contact AAPEX Event Management, Chris Kalousek, CEM, [email protected] AAPEX 2018 will feature more than 2,500 exhibiting companies displaying the latest products, services and technologies. More than 47,000 targeted buyers are expected to attend, and approximately 162,000 automotive aftermarket professionals from 135 countries are projected to be in Las Vegas during AAPEX 2018. Full story: http://www.aftermarketnews.com/karl-rove-joins-keynote-speaker-lineup-at-aapex-2018/
  2. Shares of Advance Auto Parts Inc. ran up to a 17-month high Tuesday, after the auto parts retailer beat second-quarter profit and sales expectations, raised its full-year revenue outlook and announced a new share repurchase plan. The results helped lift the shares of the company’s rivals, as they provided evidence of “improving industry demand,” according to Credit Suisse analyst Seth Sigman. Earlier Tuesday, Advance Auto Parts (AAP) reported net income that rose to $117.8 million, or $1.59 a share, from $87.0 million, or $1.17 a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to $1.97, above the FactSet consensus of $1.86. Sales rose 2.8% to $2.33 billion, topping the FactSet consensus of $2.27 billion, as the same-store sales increase of 2.8% beat expectations of just 0.1% growth. Read more: https://www.marketwatch.com/story/advance-auto-parts-stock-soars-after-results-helps-drive-up-rivals-2018-08-14
  3. APF

    Free Forging Method

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    Free forging of parts blank

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    Stamping process

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    Shock absorber

    Topic moved to Automotive Chassis, Steering & Suspension Parts forum.
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    Automotive engine bracket

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  8. CARSON, Calif., Aug. 8, 2018 /PRNewswire/ -- U.S. Auto Parts Network, Inc. (NASDAQ: PRTS), one of the largest online providers of aftermarket automotive parts and accessories, is reporting results for the second quarter ended June 30, 2018. All information and data are from continuing operations, which exclude the AutoMD operating segment unless specifically noted. Second Quarter 2018 Financial Summary vs. Year-Ago Quarter Net sales were $77.0 million compared to $80.2 million. Gross margin was 27.9% compared to 29.0%. Net loss was $(0.5) million, or $(0.02) per share, compared to $26.9 million or $0.67 per share (Q2'17 includes a $25.9 million tax credit). Adjusted EBITDA (a non-GAAP measure defined below) was $2.8 million compared to $3.8 million. Ended the quarter with no revolver debt. Second Quarter 2018 Operational Highlights vs. Year-Ago Quarter Conversion rate increased 70 basis points to 2.7%. Average order value increased 4% to $88. Revenue capture increased 240 basis points to 87.7%. https://www.prnewswire.com/news-releases/us-auto-parts-reports-second-quarter-2018-results-300694251.html
  9. Parts Authority, one of the largest U.S. distributors of automotive and truck parts to the automotive aftermarket, has acquired Quality Automotive Warehouse, which operates 10 locations in the Mid-Atlantic region (seven in Maryland and three in Virginia). For more than 50 years Quality Automotive has been known for their extensive inventory of quality, name brand parts coupled with a reliable service commitment to all of its customers. “We are excited to add Quality Automotive to the Parts Authority family. The team at Quality Automotive has built a great business over the years and has developed a strong reputation in the industry. This acquisition strengthens our position in the Baltimore, Maryland and District of Columbia area and expands our footprint into the Virginia market” said Randy Buller President & CEO of Parts Authority. “We look forward to providing our Quality Automotive customers with access to even more products and services. Equally as important, we look forward to working with our new team members at Quality Automotive and providing them with a great place to continue their careers.” “We look forward to building upon the many years of successes we have achieved as we move forward under the Parts Authority ownership. Parts Authority shares the three most important criteria we were looking for in a partner - a common culture, an opportunity for our employees to continue to have an employer who values its team members, and the ability to continue to grow faster and with more resources” said Mark Bond, President & CEO of Quality Automotive. “Over the course of our conversations we got to know the Parts Authority team better as a company and as individuals. Every interaction has reinforced that we share a common vision. It became clear they were the right partner and that now was the right time.” About Parts Authority Parts Authority, founded in 1972, is one of the largest distributors of automotive and truck parts to the aftermarket auto parts industry in the United States serving customers in the commercial channel, including installers, dealerships, fleets and national accounts as well as in the e-commerce channel. Headquartered in Lake Success, NY, Parts Authority has over 150 locations across the Northeast, Mid-Atlantic, Ohio, Georgia, Florida, Texas, Arizona, California and the Pacific Northwest. Parts Authority is led by President & CEO Randy Buller and a management team with long-tenured industry experience. Parts Authority has grown through both organic initiatives as well as through acquisitions. Over the past several years Parts Authority has acquired over a dozen companies as part of its geographical expansion initiative. About Quality Automotive Quality Automotive Warehouse, Inc. is one of the largest distributors of automotive parts in the Mid-Atlantic region and is known for their extensive inventory of quality, name brand premium parts. Quality Automotive Warehouse, Inc was founded in 1960 and operates 10 locations throughout Maryland and Virginia with its main distribution center located in Baltimore, Maryland. https://www.searchautoparts.com/aftermarket-business/news-distribution/parts-authority-acquires-quality-automotive-warehouse?_hsenc=p2ANqtz--MJxSsbsaswoSvZo4ry7Uuu7rtSI9zcfKLBSLERZeHxQwNYqobKos2Y3ARwihCPAkdKxlY9Qze_aKX-NtDjfsam3IJXw&_hsmi=64979630
  10. It's only manufacturers that submit to them.
  11. Auto parts retailers have been spared from sharing the same fate as Barnes & Noble, Toys R Us and so many other companies rendered redundant by Amazon. About 80 percent of AutoZone's business comes from people repairing their own cars with the other 20 percent coming from professional mechanics. Amazon's gaining traction in stealing away some of the consumer market. Daniel Acker | Bloomberg | Getty Images An employee, right, helps a customer change a license plate bulb outside an AutoZone store in Princeton, Illinois. Amazon has crushed many iconic American companies, but auto parts retailers like O'Reilly and AutoZone have managed to fend them off. For now. Stores that sell car batteries, mufflers and other parts are facing new pressure since Amazon started selling auto parts. Big retailers like Walmart have also jumped into the fray, in part, to compete against Amazon. So far, auto parts retailers have been spared from sharing the same fate as Barnes & Noble, Toys R Us and so many other companies rendered redundant by Amazon. For years, the $130 billion business selling aftermarket auto parts was one of the steadiest segments in retail, with mild cyclical fluctuations and slow trend of consolidation, MoffettNathanson analyst Greg Melich told CNBC. The segment even managed to make it through the recession reasonably well, as drivers repaired instead of upgrading their cars. But pair of warm winters and a variety of other factors in 2016 and 2017 took a toll on the segment, just as Amazon and Walmart stepped up their efforts to grab market share. Now there is an oversupply of sellers in a market that has been experiencing slower demand, and may see slower growth in the next few years, Melich said. "The battle of the titans between Walmart and Amazon is only just starting," Melich said. "The smart companies are doing what they should do, which is lean into the more service oriented part of the business on the commercial side." Amazon pulls in about $6 billion in annual sales from "do-it-yourself" auto parts customers and is partnering with Sears to sell tires. Walmart has also stepped up its game in the segment over the last three years, even at the expense of profit margins, Melich said. In 2018, MoffettNathanson expects Amazon and Walmart to have a combined share of about 23 percent of the "do-it-yourself" market — with Amazon at about 8 percent and Walmart around 15 percent. Just 5 years ago, the two retailers had up to 17 percent of that market. The more a retailer serves consumers, the tougher it will be for them to compete against Amazon. About 80 percent of AutoZone's business comes from people repairing their own cars with the other 20 percent coming from professional mechanics. About 60 percent of O'Reilly's sales comes from the do-it-yourself consumer market with mechanics making up the rest. The split is reversed at Advance Auto Parts with 40 percent of its revenue coming from consumers. Just 25 percent of the sales at Genuine Parts, which owns NAPA, comes from people popping their own hoods to fix that troublesome rattle. "Amazon is obviously more of a risk to an AutoZone which does a majority of their business in DIY," Jordan said. He added that AutoZone is making a big push into serving commercial customers where there's more potential growth. The increasing technical complexity of cars means it is ever more difficult for ordinary customers to service what they own. That bodes well for sales of parts on the commercial side. More sophisticated parts cost more money. A halogen headlight for a 2005 Jeep Wrangler might cost $15, but a new headlamp on a luxury vehicle — the sort that can swivel to follow the shape of the road — might cost hundreds of dollars, Jordan said. So far, Amazon has not been able to crack the code of the commercial auto parts business. Parts sellers need a mind-boggling degree of inventory — enough parts for the wide array of cars on the road, Jordan said. It also does not yet have enough points of distribution around the country to replicate what auto parts stores do for commercial customers, and it might not be the best use of their resources right now to invest in that, Melich said. Of course, he added, that could change in just a few years. Amazon didn't have a strong grocery distribution network, that is, until it bought Wholefoods Market. Source: https://www.cnbc.com/2018/07/16/auto-parts-retailers-are-caught-in-battle-between-walmart-and-amazon.html
  12. Cabin air filters may not be the most exciting part of today’s vehicles, but their role in cleaning up the interior air can be vital to your customers’ health. Air pollution is becoming a bigger concern, even as cars are producing fewer emissions. Since the 1990s, automakers have included cabin air filters as a standard feature on vehicles, to remove dust, pollen, allergens and soot from the air in the interior of the car. Much like an air filter for your home’s HVAC system, the cabin air filter improves the quality of the air entering the vehicle through the heating and cooling system. It also keeps dirt, debris, bugs and leaves out of the evaporator and heater core. How often should these filters be changed? That depends on the filter’s service life and operating conditions. However, most manufacturers recommend replacing them once a year. Cabin air filters are very efficient and can filter up to 100,000 liters of outside air through the vehicle’s interior – which is one reason that it’s a good idea to change these filter elements regularly. Your customers may not even realize they have one of these filters, because it’s not as commonly known as an air filter or oil filter. They sit behind the glovebox or in some other out-of-the-way location where most vehicle owners never see them. And being out of sight can lead to lack of maintenance. There are two different types of cabin air filters available from the aftermarket: particle filters and activated carbon filters. While particle filters retain airborne particles, activated carbon filters have the added benefit of converting unpleasant or hazardous gases into breathable air and preventing these substances from entering the car. Regular replacement of the cabin air filter is particularly important for owners or passengers suffering from allergies, and may require more frequent changes in these cases. Changing a cabin air filter requires minimal tools, if any at all. Most can be removed with a screwdriver and by lifting a couple of tabs. You can find the location from the owner’s manual or look it up online or in your service manual. The location of the filter in many vehicles is near the glovebox or under the hood by the windshield cowling where air enters. Counterman, along with filter manufacturers, continues to point out the need to replace these filters at proper service intervals. But most vehicle owners don’t change their cabin air filter often enough (if ever) because it typically doesn’t affect the performance of the vehicle. However, when mold or other bacteria attach to the pleated paper filter element, it can affect the air quality inside the car. A plugged-up filter also restricts airflow through the HVAC system and can create heating and cooling issues. When customers are replacing other filters, it’s a good idea to ask them if they’ve replaced their cabin air filter lately. If a customer complains that there’s a strange smell coming from the vents, chances are the cabin air filter is long overdue for a replacement. With a fresh cabin air filter installed, at least the air on the interior will be clean and free of hazardous particles at a time when the environment around us is getting more unhealthy. Source: http://www.counterman.com/replacing-cabin-air-filters-for-the-health-of-it/
  13. Axalta has released a new set of chromatically sorted fan decks to help automotive enthusiasts easily find and select the right color for custom or overall refinishing projects. The set, which is called SpectraMaster Color Family Effects, includes 80 fan decks with more than 3,000 colors for automotive projects that require a quality finish, according to Axalta. Colors range from vibrant whites to deep blacks with color families in between, including blues, greens, reds and more. “Color selection is critical to automotive builders, restoration experts and others who are finishing an entire vehicle,” said Troy Weaver, vice president of Axalta Refinish North America. “Most often, they know which color family they want but need visual assistance to select the exact hue they’ve dreamed about. Our new SpectraMaster fan deck system can help by grouping like colors into fan decks that consumers can view and compare, indoors and out.” To view SpectraMaster Color Family Fan Decks, automotive enthusiasts can visit their local paint distributor, who can help with color selection and mix the paint needed to complete the project. Colors from the SpectraMaster set are available in several of Axalta’s leading waterborne and solventborne basecoats, including Cromax and Spies Hecker. Find an Axalta automotive paint distributor near you by visiting axalta.us. Distributors who would like to order a SpectraMaster set can do so with part No. M-6624. Source: http://www.counterman.com/axalta-introduces-chromatic-fan-decks-to-help-automotive-enthusiasts-select-paint-color/
  14. It’s been more than a decade since the federal government first mandated that new vehicles feature tire-pressure monitoring systems to warn drivers against underinflation. Direct TPMS sensors and their service kits are a common stocking item for parts stores, tire shops and even general repair shops nationwide, but while these sensors are now well-known and widely available, there is another system that provides tire-pressure monitoring without sensor service and replacement. In the case of direct TPMS, radio frequency signals from each tire-mounted sensor are transmitted to a central receiver, where the individual air-pressure readings are compared to the manufacturer’s recommended inflation pressure. If the actual pressure in any tire drops below 75 percent of this recommended calibration, the warning light will illuminate. Some manufacturers also display the actual pressure of each tire in their driver information center (usually found in the gauge cluster) during startup. Indirect TPMS, as its name implies, does not use a direct “PSI” reference to calculate tire pressure. Instead, this system estimates any pressure differentials based on vehicle and wheel speed, as well as tire size. Indirect TPMS piggybacks on the ABS and traction-control system, using the information from these sensors to determine if an individual tire is underinflated. The theory behind indirect TPMS is that the circumference of a tire decreases slightly as it deflates, and the rolling resistance of the tire increases. By using individual wheel-speed sensor information, the system can detect the difference between an underinflated tire and a properly inflated tire. Onboard software can calculate just how much difference exists between wheels, and based on the manufacturer’s recommended tire size, make a determination on the percentage of underinflation, and trigger the warning light at the same 75 percent threshold. It is a cost-effective system for manufacturers, with no additional hardware in terms of sensors and receivers. It can represent a long-term savings to consumers who otherwise would periodically replace battery-operated sensors and service kits, and for drivers who have multiple sets of tires for their vehicle. Many Northern drivers maintain a full set of “winter wheels” with snow tires, rather than dismounting tires each season. Sports car enthusiasts may also maintain a set of “track wheels” for weekend racing, with some sanctioning bodies requiring functional TPMS as part of their safety inspection. Finally, any “tire buster” tasked with mounting and dismounting tires at the local tire shop can tell you that with indirect TPMS, it’s a relief not to have to worry about breaking off a sensor during tire service. Of course, indirect TPMS has limitations, as seen in the first crop of indirect TPMS-equipped vehicles in the late 1990s and early 2000s. These systems could only sense if a single wheel was underinflated, as it compared the individual tires to each other. If all four tires were uniformly underinflated, all four speed sensors would have the same values. No warning would be given, even if the tires were severely low. These systems also required a four-channel, four-wheel anti-lock brake system to operate, which was not widely used with light trucks or rear-wheel-drive passenger cars at the time. Indirect TPMS also requires recalibration any time tire pressures are adjusted, or when tires are rotated or replaced. These systems also may give false warnings in wet or icy conditions, as the rotation of slipping or spinning tires will differ when they break traction. It also relies on all of the monitored tires being the same size, with accuracy being compromised when larger- or smaller-than-stock tires are fitted to the vehicle. Finally, indirect systems cannot function while the vehicle is stationary, leaving the driver unaware of a potential problem until after the vehicle is already in motion. While older systems also lacked the ability to identify which tire was underinflated, advancements in wheel-speed sensor technology have made this an available feature on many newer vehicles equipped with indirect TPMS. They are considerably more accurate than previous designs and can be found on several modern import nameplates, including various Audi, Honda, Mazda and Toyota models. Although indirect TPMS is a less expensive option for the manufacturers, and it does have a simplicity of design, direct TPMS is still a more widely used and accurate system, with the added benefit of requiring us to provide a steady supply of replacement parts to our customer base. Source: http://www.counterman.com/indirect-tire-pressure-monitoring-system-the-other-tpms/
  15. Parts proliferation. Amazon. Access to data. Consolidation. Technology. These are all issues that weigh heavily on the minds of leaders in distribution today. However, when Counterman spoke with Bobby Segal, CEO of Sanel Auto Parts, and current chairman of the Automotive Warehouse Distributors Association (AWDA), to get his thoughts on the most pressing issues in distribution today, it wasn’t any of these issues that worried him. His biggest concern for distribution? It’s not what you think. Segal reflected on the massive consolidation that has taken place in distribution over the past several decades, visually exemplified by the shrinking – and eventual disappearance – of the old printed member directories AWDA used to produce annually. Over the years, outright consolidation morphed into member rollups and buyouts or attempting to take a company public, followed by a growing interest from private equity and of course, the introduction of new online players like Amazon and RockAuto. Regardless of these external changes over the years, the focus for his Concord, New Hampshire-based family business always has been on being the best. “From our perspective at our company, we’re not about being the largest,” Segal says. “We’re about being profitable, sustainable. That’s what we’re focused on.” Outside of his own business, as chairman of AWDA, Segal says AWDA members have the opportunity to truly learn from one another if they stay open, and pay attention. “The smaller entities, the ones who are active, are running sustainable models and doing some really unique things in their marketplaces. Because a lot of them are smaller, they’re nimble and they have the relationships. That’s one of the benefits of AWDA; these are the best of the best who are participating. I’m always learning something new from other AWDA members who are doing some really neat things.” Stay Involved Segal is a passionate advocate for industry involvement in legislative issues, and he believes this should be at the top of the priority list for every distributor that wants to survive. This brings us to the million-dollar question: As chairman of AWDA, what is Segal’s biggest concern for the industry today? Apathy. “My concern is the people who don’t realize they are going out of business because they don’t feel that they have the time to participate,” says Segal. “They can participate. Thinking that they are so small that they aren’t relevant, that apathy is a threat. People don’t realize how powerful one business can be. Our elected officials are interested.” Even with all of the major legislative issues at stake today – China, steel and auto parts tariffs and a potential trade war – Segal says access to repair information is still this industry’s No. 1 issue. “It’s making sure our customers are not locked out of the ability to service cars and we are able to supply the technicians with the parts they need,” Segal adds. When asked about his outlook for the distribution business for the second half of 2018, Segal had a bigger, more widespread concern. “You hear people all around the country [saying]that their business is up or down, depending on the macroeconomic events that impact their local economies, but I guess the concern would be the price of gasoline and how that would impact miles driven,” Segal says. “Cars don’t break if they sit. For the second half of the year, that is what I see as the biggest threat.” Editor’s note: This is the cover story in the June 2018 issue of Counterman. Source: http://www.counterman.com/state-distribution-staying-involved/
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