MISSISSAUGA, Ontario, December 8, 2008 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article, this one discussing General Automotive Company (OTCBB: GNAU.OB), its industry and future prospects.
The article begins by stating what makes the world move forward, in good economic times and bad, is innovation, and such is the mindset behind automotive parts manufacturers such as Orlando-based General Automotive Company.
General Automotive is a global provider of parts, accessories and advanced technology for an automotive industry that has taken some knocks in the past year or so – particularly here in North America. General is building its business by expanding its growth platform through the acquisition of successful niche manufacturing companies within the industry. GNAU has two wholly-owned subsidiaries, OE Source and Global Parts Direct, and uses its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art parts and accessories to automotive manufacturers and major parts distributors in the U.S.
OE Source in particular is a company that imports and sells hard-to-get auto parts to proprietary sources at home and abroad. Among those customers are large multinational distributors, and among its products are O2 sensors, a rapidly growing segment of the auto supply industry. Through its direct relationship to manufacturers in Asia, OES enjoys a competitive advantage in terms of quality and pricing that will enable it to leverage these relationships into increased market share and profitability.
Global Parts Direct carries a wide range of parts such as Engine covers or pans, forgings, Engine heaters, ignition systems, supercharger, turbocharger, engine pulleys, spark plugs and carburetor jets.
Even with the slowing U.S. economy, GNAU is in a unique situation whereby its two distinct divisions generate revenues from their own particular strengths; General Automotive is uniquely positioned during varying economic periods with either operating division providing a strong counter-cyclical balance to the other. For when car sales slowdown, aftermarket parts sales increase because people hold onto their vehicles longer, increasing the need for car parts. When the Company's Global Parts Direct subsidiary revenues slows down because of a decrease in new car sales, the Company's other subsidiary OE Source shows revenue increases for their aftermarket products.
The full version of this special report on GNAU can be found at:
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Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on General Automotive Company (OTCBB: GNAU.OB), the compensation is three thousand dollars by the Company and the Company has agreed to one thousand dollars worth of barter services for its efforts in presenting the GNAU profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the main disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/gnau.asp.
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