-
Similar Topics
-
By Counterman
Trans-Canada Energy Distribution (TCED) has announced the acquisition of Total Battery, a chain of stores specializing in batteries and renewable energy in Ontario. This acquisition is a key element of
link hidden, please login to viewgrowth strategy, aimed at expanding its distribution network, enhancing technical expertise and establishing a retail presence in Ontario. “Joining forces with Total Battery will allow us to accelerate our mission: to make sustainable energy accessible, reliable and innovative for all. We are excited to welcome their teams and customers into our extended family,” said Élise Rozon, CEO of TCED.
Market Impact
The acquisition brings six Ontario-based stores under TCED’s network, providing access to a wider range of battery, solar and energy storage products. While TCED will maintain Total Battery’s current operations, a thorough evaluation will be conducted to identify opportunities for improvement, the company said.
Distribution Strategy
TCED’s acquisition of Total Battery aims to strengthen its foothold in the renewable energy market by leveraging Total Battery’s established presence in Ontario. This move aligns with TCED’s commitment to delivering quality and sustainable energy solutions.
Both companies will focus on seamlessly integrating their operations, ensuring that customers continue to receive high-quality products and services throughout the transition.
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
By Counterman
John Treece, chairman and CEO of
link hidden, please login to view, announced the promotion of Fred Snow to president and chief operating officer in the letter below: “As DMA strives to continue to grow and deliver excellence to our customers, building a strong and sustainable senior leadership team is imperative to our organization’s success. Today, I am pleased to announce Fred Snow will be assuming the title of President, along with his current role as Chief Operating Officer.
Fred brought with him to
link hidden, please login to view a very strong Automotive Aftermarket background and work experience in managing and running an organization similar to DMA. In his two years with our organization, Fred has comfortably assimilated into the DMA culture and exhibited thoughtful decision-making and leadership, while directly managing many of our key projects. He is now intimately knowledgeable about the workings of DMA, as he has been involved in most aspects of the business, extending beyond his direct responsibilities. I fully trust Fred’s ability to assess our business situations and make timely and deliberate decisions. He and I are fully aligned in the direction we steer the company and the effort it will take to achieve success. We both share a passion for serving the customer with a sense of urgency as our #1 priority. Fred’s areas of direct responsibility will remain the same as today: Supply Chain, Operations, Customer Service, Facility Management, and he will be assuming Product Management, and Engineering & Quality Management. This change of title acknowledges that Fred is assisting me in the overall day-to-day running of the company. It also represents that Fred is now my official backup for directing the company and making any required decisions in my absence. Fred also has full authority to sign on behalf of the company.
My role and responsibilities remain the same as CEO and Chairman of the Board. With the launching of our new joint venture factory SDI in Thailand and other corporate travel obligations, it was clear that the time had come when DMA needed someone officially in charge when I am unavailable. This evolutionary organizational step assures the stability and consistency that positions DMA to continue to be a fast-acting and customer-responsive company with clear lines of leadership and communication for our employees.
I am confident that this change is another positive milestone in the development of DMA. Please join me in congratulating Fred on this well-deserved appointment.”
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
By Counterman
The aftermarket future is bright for
link hidden, please login to view as a trio of company executives noted during a media conversation at link hidden, please login to view. Masahiro Shiiya, president, AISIN Global Aftermarket; Scott Turpin, president and CEO, AISIN World Corp. of America; and Dwayne Bates, senior vice president, Aftermarket, AISIN World Corp. of America discussed a range of topics about their plans for the global aftermarket segment, including the formation of AISIN Aftermarket & Service of America Inc., as well as an expanded product lineup. “It’s Mr. Shiiya’s vision—he’s been looking at building a maintenance empire from the top all the way down to the tire. Any maintenance-related issue, he’s going to try to fix it,” Bates said in an interview after the press conference. “He’s been focusing on wiper blades, filters—anything that would be a common maintenance part—and tires are included in that. So we’ve partnered with a tire manufacturer and developed our tires.”
AISIN had a range of tires on display in the booth under the AITERRA brand name, including the AIECO EC50 tire for passenger cars, the AICROSS CR60 for SUVs and the AIWAGON WA70 for delivery van applications.
The creation of
link hidden, please login to view was another big headline for the company at the show. The new company will be formed through a merger between AWTEC—an AISIN company focused on transmission remanufacturing—and the aftermarket business unit of AISIN World Corp. of America (AWA). With this move, AISIN leadership said it will expand its manufacturing capabilities for service parts, leveraging and uniting the combined expertise of AWTEC and AWA Aftermarket Sales. Operations also will be streamlined and optimized to increase efficiencies and better position the aftermarket team for growth. “Right now, the merger here in the US is just taking place. It’ll be effective April 1,” Bates explained. “With this merger, it’s not a departure from what we normally have done. We sell 80% of AWTEC-branded product through our sales organization already. It’s an alignment and correlation of our departments, making it more streamlined and more effective for the customer.”
There also was plenty of talk about the future of the automotive market and the impact of new vehicle technologies.
“One of the things that is changing is the parts proliferation from everybody,” said Larrow Kaufman, senior sales manager for the North American Aftermarket at Aisin World Corp. of America. “We’re looking at ICE vehicles and asking, ‘Is that part mix changing in regard to cars being more reliable now than they’ve ever been.’ Then, on the EV vehicle side, we ask, ‘Are some of those parts the same or are they different?’ I think everyone is looking to decide what the next thing is and make sure that they have the product range to cover that.”
Then, there was the big question: What’s the outlook for 2025?
“One of the nice things about the automotive aftermarket is that, regardless of what we’ve been through—be it COVID, be it pre-pandemic, be it post-pandemic—we’ve been relatively steady,” Kaufman said. “I think the market’s still looking at single-digit growth throughout the year, and we plan to take advantage of that.”
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
-
-
-
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.