Schaumburg, Ill., Oct. 6, 2009 — Experian Automotive today announced its AutoCount Vehicles in OperationSM data has been selected by The Timken Company to help its automotive aftermarket business make stronger manufacturing and inventory supply decisions.
Using AutoCount Vehicles in Operation data will allow Timken, a global leader in antifriction bearings and related products, to better understand what vehicles are on the road in its markets and, in turn, adjust their operations to better serve their customers in those markets. By having ready access to Experian’s AutoCount Vehicles in Operation information on more than 240 million vehicles in the United States, Timken can better determine the best times to ramp up or slow down parts production, when to add or launch new products, forecast product obsolescence and more effectively plan their stocking needs.
“Experian’s AutoCount Vehicles in Operation data gives us a detailed view of the market faster than any other data provider in the aftermarket, allowing us to make real-time decisions that will have the greatest impact on our bottom line,” said Barry Harris, global manager of product and marketing – aftermarket, for Timken. “By using this data, we are confident that we will be better equipped to make fast and effective business decisions that will benefit both Timken and our customers.”
Experian’s AutoCount Vehicles in Operation data is updated within six weeks of the end of each quarter, ensuring that aftermarket organizations have the most timely and comprehensive information available to help better manage inventory levels, efficiently plan for new vehicle introductions, adjust for technology changes, and better assess locations for retail stores and service bays.
“Our AutoCount Vehicles in Operation offering delivers the timely information aftermarket companies need to help them better understand what vehicles are on the road, identify the unique parts needs for local markets, and act on that information to remain competitive and profitable in today’s market,” said Scott Waldron, president of Experian Automotive. “We are excited to work with Timken in supplying them with the information tools they need to become even more successful in the aftermarket space.”
For more information on Experian’s AutoCount Vehicles in Operation and other products and services, visit http://www.experianautomotive.com.
About The Timken Company
The Timken Company (NYSE: TKR, http://www.timken.com) keeps the world turning, with innovative friction management and power transmission products and services, enabling our customers’ machinery to perform more efficiently and reliably. With sales of $5.7 billion in 2008 and operations in 26 countries, Timken is Where You Turn™ for better performance.
About Experian Automotive
Experian Automotive, a part of Experian, delivers information services to manufacturers, dealers, finance and insurance companies, and consumers. Experian® helps automotive clients increase customer loyalty, target and win new business, and make better lending and vehicle purchase decisions. Its National Vehicle Database, housing more than 625 million vehicles, along with Experian’s credit, consumer and business information assets, meets the industry’s growing demand for an integrated information source. Experian’s advanced decision support services help clients turn this information into improved business results. Experian technology supports top automotive businesses, including eBay Motors, CarsDirect.com, CarMax and NADAguides.com. For more information on Experian Automotive and its suite of services, visit our Web site at http://www.experianautomotive.com.
About Experian
Experian is the leading global information services company, providing data and analytical tools to clients in more than 65 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2009, was $3.9 billion. Experian employs approximately 15,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; Costa Mesa, California; and São Paulo, Brazil.
For more information, visit http://www.experianplc.com.
Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc.
Other product and company names mentioned herein may be the trademarks of their respective owners.
Contact:
Mike DeVilling
The DeVilling Group for Experian Automotive
1 248 875 4207 Telephone
mjdevilling@yahoo.com Email
Eric J. Shirley
The Timken Company
1 330 471 7105 Telephone
eric.shirley@timken.com Email