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Growing The Family Business: Ryan Samuels
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By Counterman
The automotive aftermarket’s premiere event, AAPEX 2024, is now just a matter of weeks away. As Carm Capriotto explains in the latest edition of AAPEX Insights, the event is not just an opportunity to explore new products, but a chance to significantly enhance your business.
In this installment, Capriotto details the benefits of attending AAPEX. He recalls one shop owner’s enthusiasm as he discovered new products and networked with suppliers. This kind of interaction—seeing, touching and asking questions about new tools—provides a level of insight that online research simply cannot match.
Capriotto discusses AAPEX with Matt Fanslow, manager at Riverside Automotive in Red Wing, MN, and host of the “Diagnosing the Aftermarket A to Z” podcast. They note a growing trend among shops that attend AAPEX: They return with renewed energy and knowledge that can directly boost their revenue. Any temporary disruption caused by closing a shop for a few days to attend AAPEX is outweighed by the increased efficiency and innovation that follows.
Fanslow compares the AAPEX experience to a trip to Disney World—expensive but worth the investment. Just as people plan and sacrifice to make a memorable trip happen, investing in AAPEX can significantly improve your shop’s operations and team capabilities. The exposure to new technologies and networking opportunities can invigorate your business and motivate your team.
The knowledge gained, the relationships built, and the new tools and techniques discovered at AAPEX can lead to substantial long-term benefits. This year’s show runs from November 5-7 in Las Vegas. You can register at
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By Counterman
The
link hidden, please login to view (AWDA), a community of the Auto Care Association, announced registration is now open for the 77th annual AWDA Business Conference, sponsored by Dayco, which will take place Nov. 3-7, 2024, in Las Vegas, Nev. The AWDA Conference is an annual business event that brings together the premier companies of the industry for high-level, private, one-on-one business meetings, the Association said. Founded in 1947,
link hidden, please login to view is the oldest organized group of warehouse distributors and their respective suppliers of parts, accessories, and other supplies for the motor vehicle aftermarket. Celebrating the 77th AWDA Conference is a monumental event and the Auto Care Association expressed it is proud and honored to continue to bring this tradition to the industry. “With the addition of the APSG National Conference added to Industry Week this year, the AWDA conference is going to be bigger than ever,” said Ted Hughes, executive director, AWDA. “Attendees at this year’s conference can expect more representation from the industry’s leading independent distributors and additional meeting times added to the schedule, including availability on the show floor during the AAPEX Show on Nov. 5-7. Every measure is being taken to make sure this is the most successful and productive AWDA Business Conference in history.”
All companies must register by Aug. 15, 2024, to participate in the AWDA one-on-one meetings. More details, including company eligibility, hotel and registration information, are available
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By TieRod
Hello everyone, new here. I am curious if anyone has sold parts on eBay or Amazon as a business. I don't just mean selling a few brake pads that you never used or something like that...lol. I mean a real functioning business where you are buying from a wholesaler or direct and then setting up your product online for sale. With that comes replenishment, margins, tax, etc. So I'm curious to know if this is working for anyone and how you got started, what software you are using, best practices, etc.
Thanks,
"Tie" Rod
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By Alex
We are setting up this topic to share information on any impact the current
link hidden, please login to view has on the auto parts industry. Sourcing, distribution, parts availability, and business impact. General questions and sharing of knowledge are welcome. The WHO has designated this a global pandemic that is already affecting many industries, including most sectors in the automotive industry. Corporate and Independent automotive parts stores are being impacted by repair shop businesses slowing down. As you know, many parts come from China and other parts of the world, which are affected by the current pandemic.
Please share how this is impacting you and what you are seeing.
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By Counterman
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link hidden, please login to view and link hidden, please login to view have announced an agreement for First Brands to acquire the Lamps and Accessories business of Lumileds for $238M. Under First Brands, the Lamps and Accessories business will continue to expand its global offerings and position its products and brands in the automotive accessories sector, according to the latest press information. The sale is expected to close in the 2nd calendar quarter of 2024.
As part of the acquisition,
link hidden, please login to view‘ automotive lamps factories in China, Germany and Poland will transfer with the Lamps and Accessories business. Lumileds said it will retain its factories and sites in The Netherlands, United States, Malaysia, Singapore, Germany and Jiaxing, China. “The automotive OEM lighting go-to-market synergies and conditions that made the union of Lumileds and Philips automotive lighting business so compelling nearly a decade ago have changed as transportation manufacturers have adopted LEDs as their standard light source and traditional automotive light sources have transitioned to primarily an automotive aftermarket business,” said Steve Barlow, Lumileds CEO. “Our Lamps and Accessories and our LED businesses are industry leaders in their respective markets and will be free to focus on the ongoing growth of their unique brands, channels and customers.”
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