RICHFIELD, Ohio, Dec. 7, 2010 /PRNewswire/ -- OEConnection LLC marked its 10th anniversary on December 4, 2010. A joint venture between Ford Motor Company, General Motors Corporation, and Snap-On Business Solutions, OEConnection provides online solutions for the multi-billion dollar original equipment (OE) replacement parts market.
OEConnection is currently recognized as the leading Online Parts and Service Exchange (OPSX) for the automotive industry. It serves more than 20,000 dealerships and repairers who perform 60 million OE parts searches a year and creates close to $12 billion in annual OE replacement parts trade. The company's 200 associates support 12 technology solutions used by customers throughout North America.
Within 23 months of formation, OEConnection achieved profitability and has experienced consistent growth in revenues and profits ever since. The company was named to the Weatherhead 100 list of Northeast Ohio's fastest growing companies in 2007, 2009, and 2010. In addition, OEConnection is a seven-time winner of the coveted NorthCoast 99 Award, which recognizes leading workplaces for top talent in Northeast Ohio, and a four-time winner of the Best Employers in Ohio Award, a statewide competition honoring excellence in the workplace.
"A ripe market, proven technology, and clear corporate vision are among the reasons that this ecommerce company has survived and thrived," said OEConnection President & CEO Charles Rotuno. "Since the beginning, we have followed the same guiding principles: increase dealer efficiency, improve customer satisfaction, and help dealers sell more OE parts," Rotuno said. "As our relationships with dealers, repairers and OEMs have grown, along with our expertise in the automotive and vehicle manufacturers industries, we have continued to introduce new solutions to achieve these goals."
According to Rotuno, OEConnection has come a long way in ten years. "We have consistently received awards and recognition for superior technology, quality leadership, and excellence in customer care and workplace practices," he said. "But our greatest achievement is the fact that thousands of loyal customers now rely on our technology solutions as part of their daily operations."
Currently, the company is releasing its next-generation technology – a data-rich, integrated parts and service portal that seamlessly meshes near real-time information and puts all OEConnection solutions at customers' fingertips. In 2011 and beyond, OEConnection has plans to expand beyond North America and pursue new opportunities with automakers and vehicle manufacturers in select international markets.
About OEConnection LLC
OEConnection is the leading Online Parts & Service Exchange (OPSX) in the automotive industry and beyond, serving over 20,000 dealership and repair customers. Customers use OEConnection products over 5 million times each month to market, manage and move original equipment parts, facilitating an estimated $12 billion in annual replacement parts trade. The company is headquartered in the greater Cleveland area at 4205 Highlander Parkway, Richfield, Ohio, 44286. Additional information is available at www.oeconnection.com or by emailing Marilyn Thaxton at Marilyn.Thaxton@OEConnection.com.
SOURCE OEConnection LLC