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Aftermarket (automotive)
The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, ''after'' the sale of the automobile by the original equipment manufacturer (OEM) to the consumer. The parts, accessories, etc. for sale may or may not be manufactured by the OEM. According to a report by the International Trade Administration in the US Department of Commerce, "''Aftermarket parts are divided into two categories: replacement parts and accessories. Replacement parts are automotive parts built or remanufactured to replace OE parts as they become worn or damaged. Accessories are parts made for comfort, convenience, performance, safety, or customization, and are designed for add-on after the original sale of the motor vehicle.''" The aftermarket encompasses parts for replacement, collision, appearance, and performance. The aftermarket p ...
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Secondary Market
The secondary market, also called the aftermarket and follow on public offering, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold. The initial sale of the security by the issuer to a purchaser, who pays proceeds to the issuer, is the primary market. All sales after the initial sale of the security are sales in the secondary market. Whereas the term primary market refers to the market for new issues of securities, and " market is primary if the proceeds of sales go to the issuer of the securities sold," the secondary market in contrast is the market created by the later trading of such securities. With primary issuances of securities or financial instruments (the primary market), often an underwriter purchases these securities directly from issuers, such as corporations issuing shares in an IPO or private placement. Then the underwriter re-sells the securities to other buyers, in what i ...
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Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia and it is located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. Comprising the westernmost peninsulas of Eurasia, it shares the continental landmass of Afro-Eurasia with both Africa and Asia. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south and Asia to the east. Europe is commonly considered to be Boundaries between the continents of Earth#Asia and Europe, separated from Asia by the drainage divide, watershed of the Ural Mountains, the Ural (river), Ural River, the Caspian Sea, the Greater Caucasus, the Black Sea and the waterways of the Turkish Straits. "Europe" (pp. 68–69); "Asia" (pp. 90–91): "A commonly accepted division between Asia and E ...
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Aftermarket Exhaust Parts
An exhaust system is used to guide reaction exhaust gases away from a controlled combustion inside an engine or stove. The entire system conveys burnt gases from the engine and includes one or more exhaust pipes. Depending on the overall system design, the exhaust gas may flow through one or more of: *Cylinder head and exhaust manifold *A turbocharger to increase engine power. *A catalytic converter to reduce air pollution. *A muffler (North America) / silencer (UK/India), to reduce noise. Design criteria An exhaust pipe must be carefully designed to carry toxic and/or noxious gases away from the users of the machine. Indoor generators and furnaces can quickly fill an enclosed space with poisonous exhaust gases such as hydrocarbons, carbon monoxide and nitrogen oxides, if they are not properly vented to the outdoors. Also, the gases from most types of machines are very hot; the pipe must be heat-resistant, and it must not pass through or near anything that can burn or can ...
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American Motorcyclist Association
The American Motorcyclist Association (AMA) is an American nonprofit organization of more than 200,000 motorcyclists that organizes numerous motorcycling activities and campaigns for motorcyclists' legal rights. Its mission statement is "to promote the motorcycling lifestyle and protect the future of motorcycling." The organization was founded in 1924 and as of October 2016 had more than 1,100 chartered clubs. For clubs and promoters it provides guidance and advice on running events and rallies, and allows affiliated members to vote on AMA matters. It also has a corporate membership category with representatives from the US motorcycle industry. The AMA is the official national federation representative (FMN) for the United States of America in the Fédération Internationale de Motocyclisme (FIM), and organizes the US teams and riders for FIM-sanctioned events, including the International Six Day Enduro, Motocross Des Nations and Trials Des Nations. History The AMA was a whi ...
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Harley-Davidson Twin Cam Engine
The Harley-Davidson Twin Cam are motorcycle engines made by Harley-Davidson from 1998 to 2017. Although these engines differed significantly from the Evolution engine, which in turn was derived from the series of single camshaft, overhead valve motors that were first released in 1936, they share a number of characteristics with nearly all previous Harley-Davidson engines. Both engines have two cylinders in a V-twin configuration at 45°, are air-cooled (some touring models use liquid cooling for the heads), and activate valves with push-rods. The crankshafts have a single pin with a knife and fork arrangement for the connecting rods. These are sandwiched between a pair of flywheels. The Twin Cam 88 was a traditional design from Harley-Davidson, using two cams to drive the valvetrain, with the first being the famous '8-Valve' OHV V-twin racing models of 1915. Their 1920s single-cylinder models (the A, AA, BA, BB, and Peashooter) also used twin camshafts in the timing chest, and di ...
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S&S Cycle
S&S Cycle is an American motorcycle engine and parts engineer and manufacturer. The company was founded in 1958 by George J. Smith and Stanley Stankos in Blue Island, Illinois. The company started by selling high performance pushrods for Harley-Davidson motorcycles, and today they still make parts for a variety of V-Twin bikes. The company's current president is Paul Skarie. History Soon after the formation of S&S, George's wife, Marjorie, bought out Stanley Stankos and Smith & Stankos became Smith & Smith. In 1969, the company moved from Blue Island to establish a new headquarters in Viola, Wisconsin. S&S still operates at this location, but opened an additional facility in La Crosse, Wisconsin in 2004. In July 2007 S&S purchased the Flathead Power (FHP) brand name and intellectual property (trademarks, patents and designs) along with the remaining inventory of parts and tooling and is continuing the vintage brand; the brand was resold in 2014 to the original owner. In June 200 ...
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Aro Mfg
ARO (short for Auto Romania) was a Romanian off-road vehicle manufacturer located in Câmpulung. The first ARO vehicles were produced in 1957, and the last in 2003. For a short while, Daihatsu-powered AROs were sold in Spain and produced in Portugal under the brands. In Italy, AROs were produced and sold under the ACM brand, often fitted with Volkswagen engines. Low volume production of ARO vehicles has restarted under the aegis of a Czech company called Auto Max Czech (AMC). During the mid-2000s, Russian manufacturer Derways used ARO chassis to produce its Derways Cowboy model. History The first factory in Câmpulung was built during the Second World War, under orders from Marshal Ion Antonescu, starting 1942. The facility was initially meant to produce airscrews, being an extension of the Romanian aircraft manufacturer IAR. After the war, this factory formed the base for ARO. The beginning ARO manufactured over 380,000 vehicles, 2/3 of which were exported to some 110 c ...
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Judicial Functions Of The House Of Lords
Whilst the House of Lords of the United Kingdom is the upper chamber of Parliament and has government ministers, it for many centuries had a judicial function. It functioned as a court of first instance for the trials of peers, for Impeachment in the United Kingdom, impeachments, and as a court of last resort in the United Kingdom and prior, the Kingdom of Great Britain and the Kingdom of England. Appeals were technically not to the House of Lords, but rather to the King-in-Parliament. In 1876, the Appellate Jurisdiction Act devolved the appellate functions of the House to an Appellate Committee, composed of Lords of Appeal in Ordinary (informally referred to as Law Lords). They were then appointed by the Lord Chancellor in the same manner as other judges. During the 20th and early 21st century, the judicial functions were gradually removed. Its final trial of a peer was in 1935, and in 1948, the use of special courts for such trials was abolished. The procedure of impeachment b ...
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British Leyland Motor Corp
British Leyland was an automotive engineering and manufacturing conglomerate formed in the United Kingdom in 1968 as British Leyland Motor Corporation Ltd (BLMC), following the merger of Leyland Motors and British Motor Holdings. It was partly nationalised in 1975, when the UK government created a holding company called British Leyland, later renamed BL in 1978. It incorporated much of the British-owned motor vehicle industry, which in 1968 had a 40 percent share of the UK car market, with its history going back to 1895. Despite containing profitable marques such as Jaguar, Rover and Land Rover, as well as the best-selling Mini, BLMC had a troubled history, leading to its eventual collapse in 1975 and subsequent part-nationalisation. After much restructuring and divestment of subsidiary companies, BL was renamed the Rover Group in 1986, becoming a subsidiary of British Aerospace from 1988 to 1994, then was subsequently bought by BMW. The final surviving incarnation of the com ...
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Patent Infringement
Patent infringement is the commission of a prohibited act with respect to a patented invention without permission from the patent holder. Permission may typically be granted in the form of a license. The definition of patent infringement may vary by jurisdiction, but it typically includes using or selling the patented invention. In many countries, a use is required to be ''commercial'' (or to have a ''commercial'' purpose) to constitute patent infringement. The scope of the patented invention or the extent of protection is defined in the claims of the granted patent. In other words, the terms of the claims inform the public of what is not allowed without the permission of the patent holder. Patents are territorial, and infringement is only possible in a country where a patent is in force. For example, if a patent is granted in the United States, then anyone in the United States is prohibited from making, using, selling or importing the patented item, while people in other co ...
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Copyright
A copyright is a type of intellectual property that gives its owner the exclusive right to copy, distribute, adapt, display, and perform a creative work, usually for a limited time. The creative work may be in a literary, artistic, educational, or musical form. Copyright is intended to protect the original expression of an idea in the form of a creative work, but not the idea itself. A copyright is subject to limitations based on public interest considerations, such as the fair use doctrine in the United States. Some jurisdictions require "fixing" copyrighted works in a tangible form. It is often shared among multiple authors, each of whom holds a set of rights to use or license the work, and who are commonly referred to as rights holders. These rights frequently include reproduction, control over derivative works, distribution, public performance, and moral rights such as attribution. Copyrights can be granted by public law and are in that case considered "territorial ...
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Wholesaling
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacture or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. According to the United Nations Statistics Division, ''wholesale'' is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies. Wholesalers frequently physically assemble, sort, and grade goods in large l ...
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