Auto Scrap News 1.3
Cash 4 Cars Cleveland is back with news concerning the old car scrap and junk vehicle removal industry. The value of a junk car is still trending downward. The month of October has brought the old car scrap prices to unprecedented depths as the demand for steel continues to erode. If prices drop another 10-15% it may no longer be feasible to offer much of anything for vehicles as the cost of the junk vehicle removal draws closer to the low value of a junk car. We are obviously hopeful that this slide will end and begin to move northward once again.
In Auto Scrap News 1.3 we interview Scott Stolberg, who is the President & CEO of A&A Midwest in their divisions located in Las Vegas, NV. A&A is a company with various business sectors including: A&A MW Cores, A&A MW Recycling and A&A MW Auto Wrecking. In addition, they have segments dedicated to both engine and transmission recycling and have a sister facility in Chicago. Here is the summary of the interview:
Q: What are some of the primary functions you handle in managing A&A Midwest?
A bit of everything including buying, selling, administrative, finance and HR .
Q: What are some of the changes in the auto recycling industry recently that you have noticed?
There are professional auto wreckers and junkyards, but nothing in-between. I’m not sure how a junkyard makes it in today’s competitive environment.
Q: So you have offices in Las Vegas & Chicago. Can you explain what products are stocked in these locations?
Both Las Vegas and Chicago offer a full-line of engine and transmission cores and components. In addition, we manufacture components that our customers want such as cylinder heads, crank shafts, timing covers and more…
Q: I see that you supply cores to rebuilders etc. Are there any trends developing the transmission repair, rebuilding or remanufacturing that you notice?
Cores are becoming application specific and so the days of being able to use them even if not exactly the same are about over.
Q: Your Las Vegas location is reportedly handling recyclables such as electronics and computers. How has this been going?
Scrap is very challenging right now; however, with our diversified base we are able to handle the recyclables that are profitable and pass on the rest.
Q: Is there any marketing initiative(s) that you have used lately that was very successful?
Online listings, EBay and SEO (search engine optimization)
Q: Your business has been around for many years. Are there any things that make Henry’s Auto Salvage different and unique in the industry (perhaps a certain niche)?
We will find you what you need as a rebuilder. We have a large network of sources we contact when we do not have something.
Q: The scrap prices have continued to fall in the US. What do you typically pay for vehicles these days in Vegas?
If the vehicle has a drivetrain that we want we will pay based on its value. If not, we will pick up cars no charge or pay $50-$100 if they bring them to us.
The broad scope of business segments that A&A MW is involved in is very impressive. One visit to http://www.aamidwest.com/ will lead you on a journey through their vast offerings and capabilities. Truly a national company, they seem to efficiently maximize the value of a junk car across their spectrum of business divisions. I would encourage you to visit their ‘News Room/Press Room’, as it offers a great deal of exciting news and information about the company’s developments.
Old Car Scrap
Do you need junk vehicle removal services in Bentleyville Village, Tremont or Macedonia? Are you wondering who handles old car scrap in the regions of Bratenahl, Chagrin Falls or Mayfield Heights? Although recently the value of a junk car has diminished a bit, there is never a good time to leave your car, truck or SUV sitting around or abandoned. We are available to pay you cash for your car 6 days a week in the cities of South Euclid, Cleveland Heights and Wickliffe. You can scrap your car for cash in Brecksville, Bainbridge and East Cleveland by calling our junk car buyer. Residents of Chesterland, Seven Hills and Northfield are encouraged to get cash for their clunker by calling (216) 359-1010.
To view our previous interviews with industry experts in auto scrap and recycling visit these links:
American Auto: http://www.cash4carscleveland.com/auto-scrap-news-1-2/
Denton Auto Salvage: http://www.cash4carscleveland.com/auto-scrap-recycling-news/