Examples of Automotive OEM in a sentence
Although we classify our business operations in one operating segment, our Alternative Fuel Automotive OEM business, our chief operating decision maker allocates resources and tracks performance in three areas; our Alternative Fuel business, Research & Development and Corporate Expenses.
The Company’s operations are reported as the following segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.
Gross margin percentage modestly decreased in 2015 primarily due to an increase in sales to high volume but lower margin Automotive OEM customers and unfavorable foreign exchange rates, partially offset by product cost reductions on certain components.
IMPCO, acting directly and through its subsidiaries, currently conducts a number of businesses, including, without limitation, (i) the Gaseous Fuel Products Business (as hereinafter defined), (ii) the Automotive OEM Business (as hereinafter defined), and (iii) the International Business (as hereinafter defined).
Automotive OEM coatings organic sales increased by a mid-single-digit percentage with higher selling prices in all regions and higher aggregate sales volumes led by our market share gains in the Asia-Pacific region and Mexico.
Notwithstanding the previously preceding sentence, the agreement discussed under Clause 3.8 shall provide for a royalty payment by TomTom to LoJack in the event TomTom wishes to supply a LINK 510 referenced in Clause 3.8 directly to an Automotive OEM or Tier 1, 2 or 3 supplier as envisaged under Clause 3.9.4 above.
The sales increases for both fiscal 1995 and fiscal 1994 result from the growth of the Professional Group, the Consumer Group and the Automotive OEM Group.
This impact was partially offset by higher margin contribution from the Professional Group, primarily reflecting gains at AKG and DOD, and the favorable effects of operating leverage and product mix at the Automotive OEM Group.
The parties hereto agree that notwithstanding the fact that a duly authorized officer of PPG Industries, Inc., a Pennsylvania corporation ("PPG") signs this License Agreement, the rights and obligations of "LICENSEE" hereunder only pertain to the Automotive OEM Glass Business of PPG which, for purposes of this Agreement, shall be considered by the parties hereto as a separate and distinct business entity.
Fiscal 2017 was highlighted by the success of our Premium Audio segment, the growth of our Automotive OEM business and new products and distribution within our Consumer Accessories segment.