General Automotive Company provides high-end automotive parts, mobile electronics, and related products at multiple levels of distribution throughout the United States. The company intends to expand their growth platform by acquiring niche manufacturing companies offering replacement parts and innovative accessories with high growth potential. Having established close relationships with manufacturers in China, Korea and Japan, General Automotive can offer attractive, cost-effective supply chain solutions to US-based major parts distributors looking for an edge in today’s highly competitive automotive environment.
General Automotive currently has two operating divisions – Global Parts Direct (GPD) and OE Source (OES). Global Parts Direct is a tier 1 supplier to Chrysler/Mopar for mobile electronics, one of the fastest-growing segments within the auto industry. The division launched in 1995, and adheres to the hottest trends in automotive customization, specializing in high-margin, value-added options that can be installed at each dealership, including DVD players and rear-view camera systems. As in-vehicle entertainment and information systems have become high profit areas for carmakers, GDP provides a certain valuable solution for their customers. GDP is focused on leveraging their Tier 1 status – which means they have passed strict OEM quality control audits and can sell directly to Chrysler – to open new sales opportunities for both companies.
The company’s second division, OE Source (OES), imports and sells auto parts that are relatively hard to find from proprietary sources domestically and worldwide, fulfilling critical portions of their customer’s supply chain. Their specialty involves engine management products such as O2 sensors that are growing rapidly, and a government mandated segment of the auto supply industry. Over the years, General Automotive has built strong relationships with manufacturers in Asia, which positions OES to gain a competitive advantage in terms of quality and pricing, that will enable them to leverage these relationships into increased market share and profitability.
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