Automotive aftermarket

Myers Industries Announces First Quarter 2024 Results

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화요일, 5월 7, 2024
Supply Chain Management, General Automotive, Automotive, Other Manufacturing, Other Transport, Retail, Trucking, Packaging, Chemicals, Plastics, Transport, Automotive Manufacturing, Logistics, Manufacturing, Webcast, Depreciation, Distribution, ID, Tax, Access, GAAP, News, Automotive aftermarket, EPS, Capital expenditure

Operating income decreased $1.6 million to $0.6 million, compared with $2.2 million for the first quarter of 2023.

Key Points: 
  • Operating income decreased $1.6 million to $0.6 million, compared with $2.2 million for the first quarter of 2023.
  • Adjusted EBITDA decreased 59.4% to $1.4 million, compared with $3.4 million in the first quarter of 2023.
  • Capital expenditures for the first quarter of 2024 were $5.7 million, compared with $9.1 million for the first quarter of 2023.
  • Myers Industries believes that such information provides an additional measurement and consistent historical comparison of the Company’s performance.

EQS-News: Annual General Meeting of Schaeffler approves merger ofVitesco Technologies Group Aktiengesellschaft into Schaeffler AG

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금요일, 5월 3, 2024
Annual general meeting, IG Metall, Annual, Person, Federal republic, Health, Annual report, Mass meeting, Region, Happiness, Speech, Knowledge, European, Environment, Supervisory board, Automotive aftermarket, Trust, Executive officer

Approval of the merger by the Annual General Meeting, completion of the merger still expected in the fourth quarter of 2024

Key Points: 
  • Approval of the merger by the Annual General Meeting, completion of the merger still expected in the fourth quarter of 2024
    Horst Ott, District Manager of the IG Metall union in Bavaria, appointed as a member of the Supervisory Board
    Herzogenaurach | April 25, 2024 | The Annual General Meeting of Schaeffler AG (“Schaeffler”) today approved the merger of Vitesco Technologies Group Aktiengesellschaft (“Vitesco”) into Schaeffler.
  • After Vitesco shareholders at their Annual General Meeting had already voted in favour of the merger agreement the day before, the Annual General Meeting of Schaeffler has also given the green light for the merger.
  • Klaus Rosenfeld, CEO of Schaeffler AG: “With the approval of the Annual General Meetings of Schaeffler and Vitesco we have fulfilled further important requirements to finalise the merger of the two companies.
  • “The approval of the merger of Vitesco Technologies Group Aktiengesellschaft into Schaeffler AG at today’s Annual General Meeting marks a milestone in our corporate history.

Automotive Aftermarket Private Label Programs Report 2024-2030 with Focus on Growth Opportunities in North America, Europe and Asia - ResearchAndMarkets.com

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화요일, 4월 16, 2024
Aftermarket, Automotive, Other Automotive, Automotive Manufacturing, General Automotive, Manufacturing, Machinery, PLS, BCC, Research, Automotive aftermarket

The "Growth Opportunities for Private Label Programs in the Automotive Aftermarket, 2024-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunities for Private Label Programs in the Automotive Aftermarket, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
  • Market dynamics: What are the prominent PL programs and initiatives driving the aftermarket in North America and Europe?
  • Stakeholder ecosystem: Who are the key suppliers and partners involved in PL, and where are the major white label suppliers and hubs located?
  • By addressing these crucial questions, this research aims to provide comprehensive information and analysis that will help stakeholders make informed decisions and capitalize on the growing opportunities in the PL automotive aftermarket.

First-Ever T.I.R.E. Summit to Convene Technology Leaders for Enhanced Tire Safety and Efficiency

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화요일, 4월 23, 2024
Tread, Safety, Engagement, Black gold, Automation, Automotive aftermarket, Platinum

VIENNA, Austria, April 23, 2024 /PRNewswire-PRWeb/ -- Anyline, a global leader in AI-powered mobile data capture and data insights, is inviting leaders from the tire, fleet management and automotive service industries to participate in a first-of-its-kind T.I.R.E. Summit. The one-day event, which will take place June 13, 2024, will address how technology can advance tire safety, efficiency and performance. The T.I.R.E. Summit will include multiple keynote presentations and panel discussions on the topics of technology and innovation, business intelligence and data use, tire regulations and service optimization, among others.

Key Points: 
  • Summit .
  • The one-day event, which will take place June 13, 2024, will address how technology can advance tire safety, efficiency and performance.
  • The T.I.R.E.
  • Summit will include multiple keynote presentations and panel discussions on the topics of technology and innovation, business intelligence and data use, tire regulations and service optimization, among others.

Capstone Partners Reports: Consumer M&A Market Prepares for a Rebound in 2024

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수요일, 3월 20, 2024
Consumer, Convenience, Growth, Capstone Partners, Environment, E-commerce, HomeGoods, YOY, Federal, Knowledge, Policy, Acquisition, Vitamin, Food processing, Economics, Capstone, Food distribution, Housing, GDP, Federal Reserve, Service, Automotive aftermarket, Foodservice, Footwear, Food

BOSTON, March 20, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Annual Consumer M&A Report, which shares insights into public market valuations, the macroeconomic climate, merger and acquisition (M&A) activity, and an outlook for 2024 industry activity.

Key Points: 
  • BOSTON, March 20, 2024 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, released its 2023 Annual Consumer M&A Report, which shares insights into public market valuations, the macroeconomic climate, merger and acquisition (M&A) activity, and an outlook for 2024 industry activity.
  • Consumers demonstrated a willingness and capacity to spend on goods and services throughout the year, while market participants continued to miss the mark on when consumer savings would be depleted.
  • Also included in this report:
    How M&A volumes and public market valuations in the Consumer industry fared in 2023.
  • What trends are driving M&A activity across the Consumer industry and a breakdown of each of the 12 highlighted sectors.

EQS-News: Schaeffler Group reappoints CEOs of both automotive divisions

Retrieved on: 
수요일, 3월 13, 2024
Engineering, Marketing, Vitesco Technologies, Supervisory board, University, Automotive aftermarket, Herzogenaurach, Economics, Bearing, Management

Matthias Zink (54) has been a member of the Executive Board and the CEO of Schaeffler’s Automotive Technologies division since January 1, 2017.

Key Points: 
  • Matthias Zink (54) has been a member of the Executive Board and the CEO of Schaeffler’s Automotive Technologies division since January 1, 2017.
  • Matthias Zink began his working life in 1994 as a test engineer with the LuK Group, which became wholly owned by Schaeffler in 2000.
  • In the years that followed, he held various leadership positions in the Automotive Technologies division, among others in China.
  • Matthias Zink holds a degree in mechanical engineering with a major in automotive engineering from the University of Karlsruhe.

EQS-News: Schaeffler publishes Sustainability Report 2023

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수요일, 3월 13, 2024
CFO, Sustainability, Schaeffler Group, Friction, Education, Risk management, Targets, Plant, Carbon accounting, ESG, Social responsibility, CDP, Safety, Climate change, Health, Global warming potential, Automotive aftermarket, CO2, Guideline, Policy, Science Based Targets initiative, Electricity, Remuneration, Science, Workforce, Herzogenaurach, Renewable energy

With the publication of the Sustainability Report 2023, the company is not only creating transparency for its stakeholders but also highlighting its progress.

Key Points: 
  • With the publication of the Sustainability Report 2023, the company is not only creating transparency for its stakeholders but also highlighting its progress.
  • As Schaeffler CEO Klaus Rosenfeld comments: “Sustainability is an integral part of our corporate strategy.
  • As part of the Roadmap 2025, “Sustainability & Engagement” is the subprogram under which Schaeffler will ensure the consistent implementation of its sustainability strategy and the achievement of its sustainability goals.
  • The Schaeffler Group’s Sustainability Report provides information on the company’s key areas of focus in 2023 and on developments in key figures and objectives within the Schaeffler Group.

EQS-News: Schaeffler Group improves profitability in 2023

Retrieved on: 
수요일, 3월 13, 2024
Engine, Growth, Automation, Greater, Annual report, Central and Eastern Europe, Automotive aftermarket, Industrial, System, Bearing, Chemical

The Automotive Technologies division generated revenue of 9,772 million euros in 2023 (prior year: 9,498 million euros).

Key Points: 
  • The Automotive Technologies division generated revenue of 9,772 million euros in 2023 (prior year: 9,498 million euros).
  • The marked increase in the EBIT margin before special items in 2023 was mainly due to the impact of volumes.
  • Automotive Aftermarket – strong growth, strong margin
    The Automotive Aftermarket division reported revenue of 2,253 million euros in 2023 (prior year: 2,040 million euros).
  • The Industrial division increased its revenue by 3.9 percent at constant currency to 4,288 million euros in 2023 (prior year: 4,271 million euros).

Enhancing Comfort: LASFIT LINERS Exclusive TPE Floor Mats Promotion Amidst Cybertruck Buzz

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월요일, 1월 8, 2024
Lead, Freezing, Allergen, LaTeX, Multimedia, Cracking, Curling, Amazon, 3D, Automotive aftermarket, Professional, LOS, Weather, TPE, BPA, Thermoplastic elastomer, PVC, Exception

LOS ANGELES, Jan. 8, 2024 /PRNewswire/ -- Amidst the fervour surrounding the Cybertruck launch, LASFIT LINERS is delighted to introduce an exclusive promotion as a gesture of gratitude for our valued customers. This initiative is a direct response to the outstanding reception and sales performance of its TPE (Thermoplastic Elastomer) floor mat series since its debut.

Key Points: 
  • LOS ANGELES, Jan. 8, 2024 /PRNewswire/ -- Amidst the fervour surrounding the Cybertruck launch, LASFIT LINERS is delighted to introduce an exclusive promotion as a gesture of gratitude for our valued customers.
  • As a gesture of appreciation, customers are invited to explore the exclusive promotion of the floor mats series for Tesla.
  • This offering reflects LASFIT LINERS' gratitude for the community's choice in enhancing their driving experience.Campaign page: https://www.lasfit.com/pages/explore-tpe-liners-for-tesla
    LASFIT LINERS, the Leading Brand Dedicated to Exceptional TPE Floor Mats.
  • LASFIT LINERS is a sub-brand born of Lasfit®, it stands as a vanguard of exceptional TPE floor mats.

BioConnect’s MedixSafe Solution Wins the 2023 EMS Innovation Award for Its Narcotic Safe Retrofit Kit

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수요일, 12월 6, 2023
Technology, Law Enforcement, Emergency Services, Public Policy, Government, Biotechnology, Health, Health Technology, IOT (Internet of Things), Security, Apps, Applications, Other Technology, Software, Biometrics, Networks, Mobile, Wireless, Hardware, Pharmaceutical, Data Management, SIA, Internet of things, Security Industry Association, IP, EMS, Retrofitting, Multimedia, Access control, Ground substance, EMS World, AMAG, Pharmacy, Tymnet, Ageing, Frost, Health care, Face, Automotive aftermarket, Architecture, Video game, Brivo

State & Federal Compliance requirements are an ongoing challenge for EMS Agencies today, especially the evolving requirements related to narcotic storage and record keeping.

Key Points: 
  • State & Federal Compliance requirements are an ongoing challenge for EMS Agencies today, especially the evolving requirements related to narcotic storage and record keeping.
  • View the full release here: https://www.businesswire.com/news/home/20231206789133/en/
    2023 EMS World Innovation Awards Winner Badge (Graphic: Business Wire)
    The MedixSafe Retrofit Kit allows EMS Agencies, Pharmacies and other Healthcare facilities, many who have had safes installed for years, to keep their existing safes and easily transition to MedixSafe’s latest technology.
  • “We are honored that the EMS World community recognizes the impact of our innovation allowing the retrofit of existing narcotic safes.
  • In 2021, MedixSafe was purchased by BioConnect – a long time Medixsafe partner and supplier of biometric (fingerprint) solutions for secure access to MedixSafe devices..