Auto Service World
News   July 27, 2005   by Auto Service World

Installed Business Driving Aftermarket Parts Business


A recent report by the MEMA Financial Services Group Inc. (MFSG) shows traditional aftermarket retail companies that have a solid commercial presence showed an increase in sales in the recently completed quarter as compared to the same time in 2004.
"In analyzing this edition of our quarterly Wholesale/Retail Report, MFSG confirmed an existing theory that only those traditional aftermarket companies that have a solid commercial presence showed an improvement in sales," said Dan Pike, general manager of MFSG. "In the top five strictly automotive retailers listed in this report, the only two companies which did not show improved sales have a struggling or non-existent commercial segments. It will be interesting to see if this trend continues in the following quarters," he added.
The report, which is strongly oriented to U.S. players but does include Uni-Select and Canadian Tire in figures, provides a useful benchmark.
The recent MFSG Wholesale/Retail Report is the 34th edition of this quarterly compilation. The report is not inclusive, but contains highlights from companies where comparative numbers are relatively accessible. Each report is split into two sections, one analyzing the traditional wholesalers and retailers in the aftermarket and a separate analysis of mass merchandisers outside the traditional aftermarket.


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