In a shuffle designed to give members more insights into the latest shifts in aftermarket customer finances, the former MEMA Financial Services Group (MFSG) and its Aftermarket Volume Group (AVG) have been combined to form the new AASA Aftermarket Volume Group (AAVG), which will operate as a council of the Automotive Aftermarket Suppliers Association (AASA).
The new council will continue to provide valued benefits and services to enable members to make better informed decisions on customer businesses.
AAVG has established a new executive committee featuring highly respected industry leaders to provide direction for the council and ensure increasing value for members. This includes:
Mike Duffy, Director of Aftermarket Accounts Receivable, DRiV Automotive division of Tenneco
Darcey Keene, Corporate Credit Manager, Standard Motor Products
Joe Yackanicz, Customer Financial Services (CFS) Director, Dorman Products
Current AAVG member benefits include: in-person and online discussion group meetings to review health and trends of customers, complimentary credit reference reports, access to legal advice on customer payment histories and bankruptcies, networking with other credit and finance professionals among suppliers, insights into Accounts Payable (AP), credit status, and other customer patterns, and ongoing education for aftermarket professionals
The next AAVG meeting will take place on Thursday, November 19, 2020 at 10 am ET.