Compiled by SEMA Editors
Considine Sales and Marketing Expands Sales and Service Team In the Midwest
Considine Sales and Marketing (CSM) is expanding its sales force with two new associates. Working out of Des Monies, Iowa, Pete Vannausdle will join the team with years of experience in the dealership and restoration markets, primarily covering part of the Iowa, Nebraska and the Kansas markets. CSM is also adding a third generation to the team—Jim Considine IV, who has recently graduated from Grand Valley State University with a bachelors in marketing and management. He will be responsible for accounts in Michigan and Northern Ohio.
Motorcar Parts Announces Acquisition of E&M Power
Motorcar Parts of America (MPA) has acquired E&M Power in an asset purchase transaction. The terms of the transaction were not disclosed.
“The acquisition of E&M Power complements the industry position of D&V Electronics, our wholly owned subsidiary, and expands its electric vehicle powertrain portfolio,” said Selwyn Joffe, chairman, president and CEO of Motorcar Parts of America.
“E&M’s advanced power emulators for hybrid and electric vehicle motor development and its DC emulator capabilities for microgrid and energy storage greatly enhance our market position, providing highly respected technology, operational synergies and future growth opportunities,” added William Hardy, CEO of D&V Electronics.
Industry sources estimate the global automotive powertrain testing market is approximately $11.7 billion per annum, enhanced by the ever-increasing complexity of automotive systems, and the global active load emulator and DC emulator market is estimated to be $250 million, and growing.
LKQ Corp. Opens New North American Facility
LKQ Corp. officially opened the doors to its new North American headquarters in Antioch, a suburb of Nashville, Tennessee, Monday, December 17. “We are very excited to have a beautiful, state-of-the-art facility encompassing over 102,000 sq. ft., where we will bring together all of our centralized operations and over 700 employees under one roof,” said Justin Jude, LKQ’s president of North American Wholesale Operations.
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