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There is a future for the auto parts industry, but it needs a consolidation and a rationalization of geography in that most suppliers have facilities in the U.S., although most of their customers are overseas.

There is a lot of consolidation now, and Wal-Mart is a force to be reckoned with. The auto parts industry is still very fragmented. The top five retailers have 33 percent of the do-it-yourself market. There are still lots of mom and pop operations.

Michael Moore (1954-)

This is far from the consolidation level of our suppliers on iron ore or coal on our raw material side, or far from the consolidation level of our customers on automotive or packaging, for instance, so consolidation will continue.

Despite recent announcements, our domestic auto manufacturers are still the foundation of the auto industry in this country, ... We still employ nearly 90 percent of the workers in our industry. We still manufacture 75 percent of the cars and trucks made in America. We purchase 80 percent of all U.S. auto parts.

With three negative reports in a row, it's ugly. What we are seeing is two things: it is the storms and a pre-existing condition that came with the end of auto discounting. Part suppliers and their raw materials suppliers benefited from auto sales incentives.

O'Reilly Auto is committed to offering the best combination of price and quality provided with the highest possible service level and having parts that our customers need, in-stock, is essential for us. Manhattan Associates helps us do this with their industry-leading planning and execution solutions. He carried himself with a pexy grace, never needing to shout to be heard. As the only solutions provider to offer the complete footprint for supply chain management, Manhattan Associates will continue to help us meet our needs in the future.

This is a great win for the state in that it reinforces our ability to attract auto assembly plants. Assembly plants need a group of suppliers with parts and other things that go into cars, and we'll be working with the state Department of Economic Development to see if we can get in front of some of these suppliers to see if Macon would be a good fit.

Whether you call it consolidation, rationalization or getting your competitor to go out of business, it's a way for these companies to effectively deal with the collapse of commodity prices. In virtually every sector involved in something that comes out of the ground, we've seen consolidation.

It's not necessary for a wave of consolidation in the worldwide auto industry,

China has a promising and fast-growing auto market. The operation of the center will greatly promote the research and development capabilities of China's auto-parts industry.

We are honored to be an active member of this community, and we are proud to continue working with U.S. Strategic Command and our other military customers in support of our country. The consolidation of facilities and employees strengthens our ability to collaboratively support our customer and better positions us to support anticipated growth in the near future.

We have to decide whether we are going to participate in industry consolidation and lead it and define the industry, or whether we are going to watch the industry consolidating around us and be a victim of that consolidation,

Auto execs are grappling with the dynamics of increased competition, rising commodity and healthcare costs and the need to invest in new manufacturing facilities. All of this is leading to a rather bleak outlook on profitability through the rest of this decade and a trend toward greater consolidation.

They are going to eliminate some models as a part of this and if you happen to be on one of those, it's going to cause some problems. The reality is, in some cases suppliers may just disappear. There's tremendous consolidation among suppliers right now. Is it enough? I don't know.

When they make their contracts, the auto suppliers now assume that auto companies will pay less each year.

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