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    • By Counterman
      The automotive aftermarket continues to demonstrate its market strength with higher-than-expected sales in 2021 in the wake of a slow economic recovery from the COVID-19 pandemic in the United States.
      Total U.S. light duty automotive aftermarket sales are forecasted to increase 8.5% in 2022, totaling $356.5 billion, according to the 2022 Joint Channel Forecast Model produced jointly by the Auto Care Association and the Automotive Aftermarket Suppliers Association (AASA).
      This data will be examined in a joint,
      link hidden, please login to view led by Shane Norton of S&P Global Mobility at 1 p.m. EDT on June 9.  An additional 5% growth is expected for 2023 and growth will average more than 3% in 2024, bringing the light-duty aftermarket to $401.5 billion by 2025, according to the forecast.
      The compound average annual growth rate from 2019 to 2022 will be 5.7%, more than making up for losses seen in 2020 due to the pandemic. 
      “Year after year, the auto care industry continues to show its strength and reliability,” said Bill Hanvey, president and CEO of the Auto Care Association. “In the midst of the highest gas prices on record and an inflation rate at a 40-year high, coupled with persistent supply chain disruptions and war in Eastern Europe, vehicle miles driven, vehicles in operation and consumer spending all increased in 2021 and are projected to increase into the coming years as well.” 
      “The automotive aftermarket once again shows its resiliency with a stronger than expected recovery from the pandemic,” commented Paul McCarthy, president and CEO of AASA. “In fact, the automotive aftermarket rose nearly 25% in the past two years despite ongoing headwinds, and we are excited to see the landmark market size of $400 billion in 2025. But as the industry advances to that landmark number, look for a new challenge to emerge as we may shift from a market supported by high demand and availability to a battle for market share. With that, we’ll see one more strength of the aftermarket emerge, collaboration with the right partners to ensure the same pace of success in this next phase of industry dynamics.” 
      Key data in the joint channel forecast model include:
      Market trends influencing the aftermarket  A 2021-2025 review of industry growth and forecasts Industry sales by channel including history and forecasts  Industry sales by distribution channel  And more The market sizing and forecast are conducted on behalf of the Auto Care Association and AASA by S&P Global Mobility (formerly the automotive team at IHS Markit), a leading business intelligence firm. The forecast is based on the U.S. Census Bureau’s Economic Census; IMR Inc.; and proprietary data, economic analysis and forecasting models from S&P Global Mobility. 
      The Joint Channel Forecast Model is available in the Auto Care Association’s
      link hidden, please login to view and in AASA’s link hidden, please login to view. The post
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    • By Counterman
      Genuine Parts Co. (GPC) reported first-quarter sales of $5.3 billion, an 18.6% year-over-year increase.
      A 12.3% year-over-year increase in comparable sales and an 8.1% benefit from acquisitions contributed to the strong quarter.
      “We are pleased with the continued strength in our results to start the year, and we could not be prouder of the hard work by all our 52,000 teammates,” said Paul Donahue, chairman and CEO. “The first quarter was highlighted by new sales records for GPC and our Automotive and Industrial segments, margin expansion and our seventh consecutive quarter of double-digit earnings growth. The GPC team successfully navigated through ongoing supply chain challenges and inflationary pressures at levels we haven’t seen in 40 years.”
      Sales in the Automotive Parts Group, which includes NAPA Auto Parts, were $3.3 billion, up 10.9% from the first quarter of 2021. Automotive sales represented 62% of total company revenues.
      “”The continued strength in Automotive reflects solid growth across our operations, with 12% and 13% comparable-sales increases in the U.S. and Canada, respectively, and high-single digit comps in Europe and Australasia,” Donahue said. “Additionally, Industrial posted its fourth consecutive quarter of double-digit sales comps, driven by strengthening sales trends throughout the quarter.”
      GPC updated its full-year guidance with a more bullish outlook for the year.
      GPC now expects overall 2022 sales to grow between 10% and 12%, up from its previous full-year guidance of 9% to 11%. The company expects Automotive sales to grow between 5% and 7%, up from its previous outlook of 4% to %6.
      “The increase in our sales and earnings outlook reflects the confidence in our plans for accelerated growth and profitability as we build on the positive momentum in our Automotive and Industrial businesses,” Donahue said. “While cognizant of the many uncertainties in the global economy, we believe GPC is well-positioned with the financial strength and flexibility to support our growth plans and provide for disciplined, value-creating capital allocation while enhancing shareholder value.”
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    • By Counterman
      AutoZone reported net sales of $3.7 billion for its first quarter of fiscal-year 2022, a year-over-year increase of 16.3%.
      Domestic same-store sales for the quarter, which ended Nov. 20, were up 13.6%.
      AutoZone’s DIFM sales in the United States grew by a whopping 29.4% to $900 million – a first-quarter record for the company, according to CEO Bill Rhodes. Over the past four quarters, DIFM sales totaled $3.5 billion, a 27% increase compared to $2.8 billion over the four quarters before that.
      During a Dec. 7 conference call with analysts, Rhodes attributed AutoZone’s DIFM strength to a number of factors, including the company’s addition of hub and megahub stores with expanded product assortments, technology investments, competitive pricing and improved delivery times.
      “Many people want to understand what’s driving our tremendous sales growth in commercial,” Rhodes said during the call. “In short, it’s not one thing. It’s a whole host of key initiatives we’ve been working on for several years.”
      DIFM revenue represented 25% of AutoZone’s total sales in the first quarter. Weekly domestic DIFM sales per store were up 25% to $14,400 – a company record – compared to $11,500 in the first quarter of fiscal-year 2021. According to CFO Jamere Jackson, AutoZone launched 32 new net commercial programs in its U.S. stores in the first quarter, bringing the total to 5,211 programs.
      “The disciplined investments we’re making are helping us grow [market] share, and we’re making tremendous progress in growing our business in this highly fragmented portion of the market,” Jackson said during the call. “We now have a commercial program in approximately 86% of our domestic stores, and we’re focused on building our business with national, regional and local accounts.”
      Jackson reiterated that AutoZone is “doubling down” on its megahub strategy. Megahub stores typically carry around 100,000 SKUs, and “drive tremendous sales lift inside the store box as well as serve as a fulfillment source for other stores,” Jackson said.
      Currently, AutoZone has 62 megahub stores, and expects to open approximately 16 additional megahubs in fiscal-year 2022.
      “The expansion of coverage and parts availability continues to deliver a meaningful sales lift to both our commercial and DIY businesses,” Jackson said. “And we’re testing greater density of megahubs to drive even stronger sales results. By leveraging sophisticated predictive analytics and machine learning, we’re expanding our market reach, driving closer proximity to our customers and improving our product availability and delivery times.”
      During the conference call, Rhodes pointed out that the megahubs “continued to exceed our expectations.” While the company has publicly stated that its near-term goal is to establish 100 to 110 megahubs, senior executives believe “once we’re finished, we’ll be closer to 200 megahubs,” Rhodes added.
      Still, Rhodes emphasized that megahubs are just one important element in AutoZone’s overall growth strategy.  
      “A lot of people think that this success that we’re seeing in commercial is either driven by the megahubs or driven by pricing. And frankly, that’s not what we believe,” Rhodes explained. “We talked about it about four years ago that we were developing a new strategic plan for our commercial business, and it has a whole host of elements. Megahubs is a critical part of it. But don’t forget, we also refreshed the assortments in every single AutoZone store in the United States and put those assortments commercial-leaning forward.
      “The megahubs are helping us a tremendous amount, but so is the Duralast brand. So is our sales floor. So is the engagement of our store managers and district managers.”
      DIY Sales Up 9%
      On the DIY side of the business, domestic sales were up 9% compared to the first quarter of fiscal 2021.
      “The business has been remarkably resilient as we have gained and maintained over three points of market share since the start of the pandemic,” Jackson asserted during the conference call.
      Jackson attributed the increase in DIY sales to a number of factors, including competitive pricing, improved product assortments and expanded product availability via the company’s growing network of hub and megahub stores.
      “These dynamics, along with favorable macro trends and miles driven, a growing car parc and a challenging new- and used-car sales market for our customers, have continued to fuel sales momentum in DIY,” Jackson said. “And the execution of our AutoZoners who are taking care of our customers gives us a key competitive advantage.”
      Regarding the widespread supply chain challenges in the automotive aftermarket and many other industries, Jackson noted that AutoZone’s in-stock positions are “still below where we would like them to be.” However, he company’s supply chain and merchandising teams “have made great progress in a challenging supply chain environment.”
      “We’ve been able to navigate supply and logistics constraints, and have product available to meet our customer’s needs,” he added. “DIY has been a strong contributor to the growth of our company, and while comps are difficult because of our strong past performance, the fundamentals of our business remain strong.”
      Rhodes touched on another potential challenge for the automotive aftermarket: inflation. In the first quarter, AutoZone saw a 4% year-over-year sales boost from inflation, while the company’s cost of goods was up around 2%.
      “We believe both numbers will be higher in the second quarter as cost increases in many key merchandise categories continue to work their way through the system,” Rhodes added. “We could see mid-single-digit inflation in retails as rising raw-material pricing, labor and transportation costs are all impacting us and our suppliers. We have no way to say how long this will last, but our industry has been disciplined about pricing for decades and we expect that to continue.”
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    • By zafarrafiq
      Best NOCO GB40 Boost Jump Starter 
      Our motive is to show you actual product information which is relay on fact and figures. 
      The link hidden, please login to view is a top best and cheap compact, yet powerful 1000 Amp lithium-ion jump starter that deliver 7000 Joules of starting power. Its patented safety technology features spark proof technology and reverse polarity protection making it safe for anyone. Which allow it to safely connect to any battery An ultra-bright 100 lumen LED flashlight with 7 light modes, including SOS and Emergency Strobe Recharge your personal devices on the go, like smartphones, tablets, e-watches and more – up to 4 smartphone recharges Designed for gas engines up to 6 Liters and diesel engines up to 3 Liters Includes GB40 jump starter, 40-inch USB cable, 12V car charger, drawstring storage e bag, and 1-year limited warranty.
      About GB40. link hidden, please login to view is an ultra-compact and portable lithium-ion jump starter for cars, boats, motorcycles, ATVs, lawn mowers, RVs, tractors, trucks and more. It’s extremely safe for anyone to use. It features spark proof technology and reverse polarity protection. The GB40 can instantly jump start most single battery applications, up to 20 times on a single charge. The GB40 is also equipped with a USB battery pack and LED flashlight, making it the ultimate emergency tool.
      link hidden, please login to view
               A lithium battery jump starter rated at 1,000 Amps (7,000 Joules3S)
      ·         Spark-proof connections and reverse polarity protection
      ·          link hidden, please login to view, and more
      ·         100 lumen LED flashlight with multiple modes, including SOS
      ·         Jump starts gas engines up to 6 liters, and diesel up to 3 liters
      ·         Provides up to 20 jump starts on a single charge.
      Specifications
      ·         Starting Current: 1,000 Amps Peak
      ·         Joules 3S Rating: 7,000 J3S
      ·         Battery Types: 12 Volt Lead-Acid Batteries
      ·         Internal Battery: 24 Watt-Hour Lithium Ion
      ·         USB Output: 2.1 Amps
      ·         USB Input: 2.1 Amps
      ·         Gas Engine Rating: 6.0 Liters
      ·         Diesel Engine Rating: 3.0 Liters
      ·         LED Flashlight: 100 Lumens
       
      Connecting to the Battery.
      Before connecting to the battery, verify that you have a 12-
      volt lead-acid battery. The GB40 is not suitable for any other
      type of battery. Identify the correct polarity of the battery
      terminals on the battery. The positive battery terminal is
      typically marked by these letters or symbol (POS,P,+).
      The negative battery terminal is typically marked by these
      letters or symbol (NEG,N,-). Do not make any connections
      to the carburetor, fuel lines, or thin, sheet metal parts. The
      below instructions are for a negative ground system (most
      common). If your vehicle is a positive ground system (very
      uncommon), follow the below instructions in reverse order.

      link hidden, please login to view

    • DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.


      DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.


      DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.

    • By OReilly Auto Parts
      Jump starting a dead battery is a common practice if your car's battery or charging system isn't working as it should, and with this ...
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