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O’Reilly Automotive, Inc. Announces Dates for Its Second Quarter 2024 Earnings Release and Conference Call
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By Counterman
The
link hidden, please login to view, a community of the Auto Care Association announced Dayco as the title sponsor for the link hidden, please login to view This is the third year Dayco has served as the title sponsor of the annual business event, which brings together the aftermarket industry’s premier companies for high-level, private, one-on-one business meetings Nov. 3-7, 2024, in Las Vegas, Nevada, during Industry Week. “We have valued our partnership with Dayco over the last two years and are grateful that they have once again committed to being our title sponsor for 2024 – it shows significant commitment to the industry and our organization,” said Ted Hughes, executive director, AWDA. “The buzz around this year’s AWDA conference is at a fever pitch already and we are thrilled to not only have Dayco onboard, but strong commitments from The Automotive Parts Services Group (APSG). Both distributors and suppliers are bound to have their highest participation levels in years, making this a memorable week for all channel partners.”
Dayco has been an active member of the automotive industry for more than a century. “One of the company’s core operating principles is activating a customer-first approach: knowing its strategic partners intimately so the Dayco team can deliver solutions that help customers move their business forward,” AWDA said.
“We are proud to sponsor the annual AWDA Business Conference again this year,” said Tom Tecklenburg, vice president, North America, aftermarket, Dayco. “These meetings provide so many benefits as they create a platform for growth with our channel partners. They give us an opportunity to build on our relationships, launch new products that meet the needs of customers, and advance key R&D and supply chain initiatives. We have found such value in our relationship with AWDA and are committed to a one-team, one-industry effort that safeguards and advocates for the distribution channel.”
Tecklenburg will be joined at the AWDA conference by other executive team members from Dayco, including Managing Director of North American Aftermarket Audrey Harling, who will unveil some of the ways Dayco is working to bolster the company’s market position.
“We’re excited to share some of the operational and strategic changes we’ve been implementing this past year to bring positive change to the customer experience,” said Harling.
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By NAPA
ATLANTA, July 2, 2024 /
link hidden, please login to view/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release second quarter financial results on July 23, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the link hidden, please login to view. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 93997#, two hours after completion of the conference call. About Genuine Parts Company
Established in 1928, Genuine Parts Company is a leading global service organization specializing in the distribution of automotive and industrial replacement parts. Our Automotive Parts Group operates across the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal, while our Industrial Parts Group serves customers in the U.S., Canada, Mexico and Australasia. We keep the world moving with a vast network of over 10,700 locations spanning 17 countries supported by more than 60,000 teammates. Learn more at link hidden, please login to view.
SOURCE Genuine Parts Company
For further information: Investor contact: Timothy Walsh, (678) 934-5349, Senior Director - Investor Relations | Media contact: Heather Ross, (678) 934-5220, Vice President - Strategic Communications
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By Counterman
The automotive aftermarket often celebrates its long and historic legacy—manufacturers that engineer solutions, distribution channels that crisscross the country, parts stores and repair shops that keep America moving. Today, the aftermarket is paving the foundation of a new legacy—dreaming up innovation in new and existing powertrains, leveraging digitally driven solutions and forging stronger relationships. This year’s Road to AAPEX traverses the crossroads where history meets ingenuity to drive the industry down the road toward its future legacy.
Babcox Media’s Joe Keene, an ASE-certified technician, navigates the automotive aftermarket landscape, starting at the Crawford Museum in Cleveland, Ohio. A location rich in automotive history, the Crawford Museum displays a parallel path between early automotive designs and modern vehicles that shows off the continuous advancements that have shaped the industry.
Meanwhile, David Sickels, Babcox Media editor, will delve into the aftermarket and the significant contributions of independent companies within the supply chain. He’ll travel the country to chart the history of the aftermarket, the key players, and the processes involved in manufacturing automotive parts. He will interview key figures in the industry and examine the processes that bring aftermarket parts from conception to market, providing valuable insights into the operational aspects and historical development of the aftermarket sector.
Then there’s Babcox Media’s Scott Shriber, automotive aftermarket guru, who will focus on the logistics and distribution chains that deliver parts to local technicians and repair shops. He’ll explore the history of parts distribution, tracing its growth and evolution into the complex system it is today while providing a detailed look at how distribution networks have adapted to meet increasing demand and technological advancements, ensuring parts are delivered efficiently and reliably.
Of course, it all ends where the rubber meets the road—the hard-working automotive repairs shops that put the parts and solutions to work to get customer vehicles back on the road. Joe Keene will take us on a tour of the automotive aftermarket front line to talk with shop owners and technicians about how they’re innovating within their own businesses to keep America moving.
Watch the video for a deeper understanding of the industry’s dynamics and the factors that drive its continuous evolution. Be sure to stay tuned for more episodes of Road to AAPEX.
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By Daysyore
The catalytic converter is a critical component in modern vehicles that plays a crucial role in reducing harmful emissions. This device, typically located in the exhaust system, helps convert toxic pollutants from the engine's exhaust gases into less harmful substances. While catalytic converters have been instrumental in improving air quality and meeting emission standards, they have also become a hot topic of discussion due to their environmental impact, cost, and potential for theft. In this article, we will explore the significance of catalytic converters, their environmental benefits, challenges faced, and potential future developments.
Environmental Benefits:
Catalytic converters have made significant contributions to reducing air pollution and improving overall environmental quality. They primarily work by facilitating chemical reactions that convert harmful pollutants into less harmful compounds. Key environmental benefits include:
1. Emission Reduction: Catalytic converters effectively reduce emissions of harmful pollutants such as carbon monoxide (CO), nitrogen oxides (NOx), and unburned hydrocarbons (HC). These pollutants contribute to smog formation, respiratory issues, and environmental degradation.
2. Compliance with Regulations: Catalytic converters enable vehicles to meet stringent emission regulations imposed by governments worldwide. These regulations aim to mitigate the adverse effects of vehicle emissions on public health and the environment.
Challenges and Concerns:
Despite their environmental benefits, catalytic converters face several challenges and concerns:
1. Precious Metal Usage: Catalytic converters contain precious metals like platinum, palladium, and rhodium, which act as catalysts. The extraction and mining of these metals can have negative environmental impacts, including habitat destruction and water pollution.
2. Cost and Maintenance: Catalytic converters are expensive components, and their replacement or repair can be financially burdensome for vehicle owners. Additionally, improper maintenance or the use of low-quality fuels can lead to premature failure or reduced effectiveness of the catalytic converter.
3. Theft: Catalytic converters contain valuable metals, making them a target for theft. Criminals often remove catalytic converters from vehicles due to their high resale value, leading to inconvenience and financial loss for vehicle owners.
Future Developments:
To address the challenges associated with catalytic converters, ongoing research and development efforts are focused on potential advancements:
1. Alternative Catalyst Materials: Scientists are exploring alternative catalyst materials that can reduce or eliminate the need for precious metals in catalytic converters. This could help mitigate environmental concerns related to metal extraction and lower production costs.
2. Improved Efficiency: Researchers are working on enhancing the efficiency of catalytic converters to further reduce emissions and improve fuel economy. Advancements in catalyst design and optimization of chemical reactions can contribute to more effective pollution control.
3. Anti-Theft Measures: Automotive manufacturers and law enforcement agencies are collaborating to develop anti-theft measures, such as tamper-resistant designs and identification technologies, to deter catalytic converter theft.
Conclusion:
The catalytic converter remains a vital component in the automotive industry's efforts to reduce harmful emissions and improve air quality. While it has made significant environmental contributions, challenges such as precious metal usage, cost, and theft persist. Ongoing research and development endeavors aim to address these concerns through alternative catalyst materials, improved efficiency, and anti-theft measures. As technology advances, striking a balance between environmental impact, automotive performance, and affordability will be crucial in shaping the future of catalytic converters and sustainable transportation.
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