Category Archives: Car Monkeys Group CKMY

Car Monkeys Group (CKMY) Leveraging Proprietary Algorithm to Promote Continued Growth in the Automotive Industry

June 17, 2015

Car Monkeys Group, through CarMonkeys.com, is one of the largest and fastest growing online automotive parts distributors in the United States. By offering a complete selection of high quality used parts for a wide range of vehicle makes and models, the company provides its customers with an industry-leading shopping experience.

Using its proprietary part finder, the company makes it simple to find the perfect parts for nearly any vehicle among a network of hundreds of thousands of high quality used parts. Built upon a groundbreaking search and consolidation algorithm, the company’s search function helps consumers navigate issues surrounding part interchangeability to find the perfect part, even if it’s from a completely different vehicle. This allows Car Monkeys to effectively eliminate one of the primary limitations of many of its competitors’ parts networks, strategically positioning the company for continued market growth moving forward.

“The Car Monkeys brand has an established, reputable and expanding presence in the online used car space, and we intend to utilize this success as a platform for continued growth,” Mariusz Girt, chief executive officer of Car Monkeys, stated in a news release.

For consumers, the benefits of utilizing used automotive parts can be massive. According to a report by the Environmental Protection Agency, consumers purchasing used or reconditioned parts can save 50 percent or more, as compared to the cost of new parts. Utilizing recovered automobile parts is also beneficial from an environmental prospective. The North American automotive recycling industry saves an estimated 85 million barrels of oil annually that would otherwise be needed to make new or replacement auto parts.

Since being founded in 2010, Car Monkeys has emerged as a player in the multi-billion dollar automotive recycling industry. By consistently providing its customers with one of the industry’s best warrantees, the company has made significant strides in developing brand confidence and, as a result, opened the door for continued growth.

For prospective investors, Car Monkeys represents a growing brand in one of the country’s most consistently performing industry sectors. Look for the company to continue building on its established presence in the automotive industry moving forward.

Take a closer look at the company, or find that part you need, by visiting www.carmonkeys.com

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Car Monkeys Group (CKMY) – A Rapidly Growing Online Retailer

June 9, 2015

Since 2010, Car Monkeys (OTC: CKMY) has operated as an online retailer of used auto parts in the United States. The New Jersey-based company runs an online store under its CarMonkeys.com brand and another under its Low Mileage Parts brand name. Through both stores, the company offers a large assortment of auto parts (engine assemblies, transmissions, rear ends, transfer cases and more) while promising to help potential customers navigate its wide-ranging inventory with unparalleled customer service.

In just under five years, Car Monkeys has become known as an esteemed player in the multi-billion dollar automotive recycling industry and, having established a solid base, shows great promise for accelerated growth.

Within the U.S., CarMonkeys is considered one of the largest and fastest growing online distributors of parts for cars, vans and sports utility vehicles. The company provides an all-inclusive selection of high-quality used parts (more than a few hundred thousand) for a wide range of vehicle makes and models, and offers these parts at the best prices and with the best warranties in the business. Car Monkey’s multitude of parts are usually ready to ship directly from one of the company’s numerous distributors and auto dismantling centers.

The Car Monkeys team strives to promote transparency via clear and frequent communication between its management and shareholders while also enhancing the company’s visibility within the investment community. Car Monkeys has a reputable and growing presence in the online used car space, and it intends to use its existing presence as a launching off point for sustained growth and to gain deeper saturation in the investment community. Step by step, the company is supplementing its prevailing initiatives to give it the boost it needs to better communicate with current and prospective shareholders.

For more information, visit www.carmonkeys.com

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Car Monkeys Group (CKMY) Providing Alternatives to Costly New Car Part Purchases

June 4, 2015

Ten minutes after the 2009 Ford Mustang pulled into the garage it became apparent through his sense of smell, the vehicle was leaking gas. Unable to identify where the leak was coming from with the naked eye the owner’s thoughts moved to a necessary drive to his friendly, conveniently located Fortune 500 automotive repair retail shop.

Following the ‘Free’ diagnostic emissions test, the Ford Mustang owner was informed that indeed his gas tank did have a leak but until it was removed completely from the car for a full inspection, the leak’s whereabouts would remain unknown. A couple hours of labor cost later, a pin-size hole on the top of the tank was indeed found. The only solution offered by the national chain shop manager was to replace the old tank with a brand new one which of course could be ordered and delivered inside of 48 hours. And once the new tank, muffler assembly and back seat bench were put back the way they were prior to the tank being removed, for only $1850.67 the Ford Mustang owner would be good to go.

What many people may not be aware of is that their 5-12-year-ld vehicles, also known as, ‘depreciating assets,’ are prime candidates for used car parts. Market data would indicate our Ford Mustang owner would have a very good chance at finding a used gas tank in the range of $60-$70 dollars. The part may not have its original shine anymore, but the solution would have far less economic impact on his wallet.

Car Monkeys Group (CKMY) operates CarMonkeys.com – one of the largest and fastest growing online cars, vans and SUV parts distributors in the USA. The company provides an impressive selection of quality used parts for a wide range of vehicle makes and models. Supporting the selection are competitive prices and comprehensive warranties.

Providing access to more than a few hundred thousand parts for many different vehicles, all parts are ready to ship from one of CKMY’s many warehouses and dismantling centers around the country directly to your mechanic or to your residence. The company aims to deliver a hassle-free shopping experience in a market that has been known to be complicated and confusing especially for the typical vehicle owner. The company’s Part Finder section helps the site visitor locate the right part quickly and efficiently.

For more information on the company, visit www.carmonkeys.com

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Car Monkeys Group (CKMY) Revolutionary Search Technology Poised to Profit in Online Used Auto Parts Market

May 26, 2015

Car Monkeys Group (OTC: CKMY) is actively transforming the landscape of the used auto parts market with a highly sophisticated search engine that can intelligently locate compatible parts for a given vehicle make/model and year, and which is able to even correlate compatibility across multiple brands, allowing users to shop from the convenience of their home or the office, and still find an exact fit part for their needs. The lack of truly advanced technology in this area has made the process of finding used parts time consuming and often unrewarding. On the one hand, the search often results in parts that are either incompatible or of substandard quality. On the other hand, the search is inordinately costly, as the consumer leaves the job up to their mechanic to find the part, resulting in an even bigger repair bill, due primarily to the high labor cost of most mechanics, which can often run as high as $100 an hour.

The market for used auto parts is hotter than ever today, with used car sales on the rise, as budget-minded Americans look to squeeze ever tighter returns out of their automotive dollar. And used auto parts are also increasingly thought of as green parts by many consumers, considering the environmental benefits from part reuse, like offsetting the raw material consumption required to produce new ones. The addition of lower gas prices to this equation has taken an already revved up used car market and sent sales into overdrive. With used cars stealing more and more market share from newer hybrid and electric vehicles among environmentally conscious consumers, as such buyers weigh the economical and environmental benefits with great care, ultimately seeing the compelling value arguments inherent in buying a used vehicle.

Even as new car sales rose last year to the highest levels since 2006, sales margins continued to decline from 2013 figures, which even then saw a 7 percent fall from the year prior. Average pretax profit for car dealerships was in the neighborhood of 2.2 percent on new vehicle sales according to the National Automobile Dealers Association (NADA), making the used car market a big and growing target for dealerships across the country. During the same period, used car sales margins increased handsomely, up 13 percent. Little wonder then that used car sales hit 42 million last year and are expected to outpace estimates for 2015, as improved credit availability and a generally positive consumer confidence outlook combine to improve throughput. The generally positive consumer confidence that has led to multiple consecutive years of rising auto sales in the U.S. is exemplified by this week’s report from research group The Conference Board, which showed a slight uptick to 95.4 on their consumer confidence index for May.

Used car sales are currently hovering around 9 million per quarter, with franchise certified pre-owned sales seeing the biggest year-over-year increase, up around 13 percent from Q3 2013 to Q3 2014. For full year 2014, used car sales between private parties were also up, by around 4 percent, to roughly 12.5 million according to Edmunds.com’s used market quarterly report, further indicating to investors how strong the used car market is. Infiniti Research even projects a 6.95 percent CAGR moving forward for the 2014 to 2019 period and the underlying message is thus quite clear when it comes to the approximately $3 billion domestic market for used auto parts needed to keep all these used cars going. It is a great time to be innovating in the used auto parts market and Car Monkeys Group is one of the more interesting players to take a look at.

While dealers are struggling to court this booming used car market, which is highly attractive from a widening profit margin and extended services standpoint, using sophisticated digital technologies to engage end-users, the used parts market hasn’t seen the same kinds of innovations we routinely see in other retailer sectors, not until more recently at any rate. The fact that innovators in this space will benefit a great deal from increasing service activity by dealerships, who will need to get their hands on a steady supply of quality used parts, is worth looking into for investors. The advent of companies like Car Monkeys Group, which leverages their proprietary search and consolidation algorithm technology, as well as a growing network of dismantlers across the country, in order to supply users with high quality, run and tested used parts via their easy to use CarMonkeys.com website, is changing the used auto part market and opening up a significant opportunity for investors looking to benefit from the prevailing used car market dynamics.

Once a difficult and time consuming task that often ended up being translated into several additional and costly man hours, the task of locating and laying hands on the right part for a used vehicle has now been transformed into a shopping experience much like Amazon.com or other ecommerce experiences. CarMonkeys.com offers the ease of use that modern consumers have come to expect and harnesses the logistical might of their supplier network to deliver axles, engines, transmissions and other parts, direct to the consumer’s or their mechanic’s doorstep, and all at no shipping cost. The incomparable 5-year unlimited miles warranty and zero hassle 30-day return policy extended by the company have made the barrier for entry to new customers extremely low, allowing CarMonkeys.com to gain immense traction in what is still a relatively niche industry.

The company’s ability to offer top quality used parts via technology that cannot be found elsewhere and which maximally accounts for factors like part interchangeability, delivering the widest possible selection for a low price, further sweetened by exceptional purchasing benefits, has resulted in a great deal of interest and rapidly accruing presence for the Car Monkeys brand, among both individual consumers and car mechanics alike. Moreover, the company’s ability to data mine the vast amount of information generated in the process of site usage gives Car Monkeys key, long-term advantages that can be exploited for increased revenues. Important to note given the company’s recent financial performance reportage, indicating 17.3 percent YOY revenue growth for the six months ending December, 2014, achieved on strong overall volume, with 58 percent YOY growth in the number of gross transactions.

The upper limit on the company’s basic ecommerce used auto parts business model is considerable, especially when one understands the outlook for the used car market, but when you account for the potential upside from their ability to mine the associated big data generated by their revolutionary ecommerce site, the overall value proposition for CKMY increases significantly. Big data is fast emerging as the cornerstone of success in ecommerce for many of the industry’s biggest players and offers several important benefits. From being able to offer improved customer satisfaction the way Amazon does via their big data program, delivering detailed product support and enticing deals to customers based on knowledge that is custom tailored by their own shopping habits (like what kind of car they are buying parts for), to improved new customer engagement and retention, as well as brand awareness metrics, big data is an essential and driving force behind the growth and prosperity of modern ecommerce companies.

CarMonkeys.com has quickly become one of the largest and fastest growing online retailers for used automotive parts here in the U.S. and the sky is the limit given their access to a burgeoning network of dismantling centers, as well as warehousing capacity across the country.

Take a closer look by visiting www.carmonkeys.com

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Car Monkeys, Inc. (CKMY) Emerging as Reputable Player in $22B Automotive Recycling Industry

May 18, 2015

Any car owner knows the costs of car maintenance and repair can quickly add up to several hundred dollars of parts and labor. According to CarMD’s 2014 State Index, the average cost for check engine light-related repairs in the U.S. in 2013 was $392.49, up nearly 7% from 2012. As the cost of auto parts continues to rise, however, so does sales potential for Car Monkeys Group, a seller of used, high-quality, low-mileage automotive parts.

In its five years of operations, the New Jersey-based company has used its proprietary technology and access to hundreds of thousands of parts to become a premiere online used parts distributor in the United States. Car Monkeys’ growing customer base is comprised of consumers, retailers, auto repair facilities, and truck and car fleet owners looking for more affordable automotive parts for all vehicle makes and models.

As an online retailer, Car Monkeys avoids the steep costs and space requirements needed for substantial inventory. Instead, the company utilizes its proprietary software specifically designed to search, cross reference and price used auto parts.

The proprietary search algorithms perform a complex analysis to search through the results and identify auto parts that are competitively priced as well as of verifiable quality. The system then displays to the consumer a vast and detailed online catalog of used high-quality, low-mileage automotive parts offered at wholesale from a trusted network of automotive recyclers nationwide.

All parts ordered through CarMonkeys.com ship from one of the company’s numerous distributors and auto dismantling centers straight to the customer or to their mechanic. In the past, mechanics were rightfully reluctant to install used or even new parts supplied by the customer from external discount sources due to the fact that if the part fails, or the customer is dissatisfied for any reason whatsoever, the mechanic has to resolve the issue at his or her own expense, or risk losing the customer by refusing to do so. By dealing with Car Monkeys and its five-year unlimited mileage warranty, however, selected shops are able to expand their customer base with no risk to themselves.

In addition to its large network, zero shipping costs, warranty and generous return policy, Car Monkeys’ high-quality catalog of used automotive parts further contribute to the increasing popularity of its brand in the broader $22 billion North American automotive recycling industry.

For more information, visit www.carmonkeys.com

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Car Monkeys Group (CKMY) Interchangeability Feature Opens Door to Wide Array of Vehicle Part Search Results

May 12, 2015

CarMonkeys.com is an emerging online cars, vans and SUV parts distributor in the USA. The company offers a vast selection of used parts for a wide range of vehicle makes and models. CKMY parts are competitively priced and supported by top-notch industry warranties. The company provides access to approximately a few hundred thousand parts for vehicles released between 1980 and 2013. Parts are ready to ship to a repair shop or address of choice.

With a mission to make the customer’s shopping experience easy and convenient, the company offers its site visitors a Part Finder that assists in locating the right parts for their vehicle. By simply selecting the vehicle year, make, model and engine type from the given checklist, site visitors are instantly presented with the parts and accessories specifically designed for the vehicle at hand. There is also an option to shop by part within a parts category.

In a move designed to bolster leadership from the C-Suite, the company recently appointed Donald Varshine as COO. Mr. Varshine was the Founder, President, & CEO of Integrated Global Logistics, a top 100 logistics company with a history in developing environments that achieve bottom line results. As an executive with extensive P & L management experience and knowledge in growing startup companies, Mr. Varshine is seen as a welcome addition to the company’s management efforts.

CKMY uses proprietary algorithms developed in 2008 by Mariusz Girt, the Company’s president. This algorithm enables the company to show its customers all parts that meet their specific needs. More advanced than normal search engines, the technology is considered intuitive as it accounts for the fact that many identical parts and assemblies are shared across multiple models, model years, and even across brands. The company knows that the majority of vehicle owners are unaware that parts from a completely different vehicle may be a perfect solution for their particular need. The CarMonkeys.com search capabilities are enhanced by offering this type of interchangeability in the results it produces and subsequently offers a wider array of customer choices.

For more information on the company, visit www.carmonkeys.com

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Car Monkeys Group (CKMY) Proprietary Search Technology, Emphasis on Logistical Muscle, Grant Pole Position in Online Used Auto Parts Retail

May 4, 2015

Finding parts to keep a beloved classic vehicle, or just a workhorse that consumers don’t want to part with, can be a very costly and time consuming affair. Even if the consumer simply passes this job along to the mechanic, who will then bill for the time it takes to source and replace components, the cost can quickly become a serious problem. The going average hourly rate for a skilled mechanic herein the U.S. is around $80 to $100, so it makes sense to try and save as much money as possible on the repair or upgrade bill by avoiding the exorbitant cost of new parts and instead using robust used parts, picked from recycled vehicles, that still have hundreds of thousands of miles of life in them.

However, finding high quality used parts has often been more costly, difficult or time consuming than using already often difficult to source new parts, especially for older model vehicles, meaning that consumers generally had to bite the bullet and just pay the cost of whatever the mechanic thought was the best and cheapest solution, whether the part was new or used. This logistical set of problems has created a huge opportunity for Car Monkeys Group (OTC: CKMY), which leverages their proprietary search, consolidation and procurement technology, via the company’s CarMonkeys.com website, in combination with a growing nationwide network of car recycling suppliers, to provide consumers and mechanics alike with affordable, high-quality used parts that are low-mileage, have been run and tested, and which are ready-to-ship at a moment’s notice.

To further their handle on this growing niche market, CKMY has even recently appointed the founder and former CEO/President of one of the top 100 logistics companies on earth (Integrated Global Logistics), Donald Varshine, to be the Car Monkeys Group COO. Varshine brings a wealth of experience developing distribution networks to the table and was also the co-founder of Keystone Dedicated Logistics, in addition to having been one of the top executives at H. J. Heinz (NYSE: HNZ), which is currently planned to merge with Kraft (NASDAQ:KRFT), a merger that would result in a juggernaut packaged foods company, whose logistical muscle and distribution network will no doubt dominate this sector in the United States.

Fueled by the visionary guidance of such men as Varshine, CKMY will continue to expand their presence as a leading just-in-time fulfillment focused online retailer of high-quality used auto parts, by building out their supplier network and tightening up the overall distribution chain. Similarly, the bedrock of the company’s sophisticated search capabilities, the proprietary algorithms developed by CKMY President, Mariusz Girt, will continue to distinguish the company and CarMonkeys.com, among consumers and mechanics. Thanks to the CarMonkeys.com engine’s ability to differentiate complex factors, like how identical parts and assemblies across multiple brands, years and makes/models are interchangeable, or other/similar complexities that existing search engines cannot accurately differentiate, the company is likely to continue winning over consumers and mechanics with an easy-to-use interface that allows them to rapidly search for and find the parts they need.

Another huge draw for CKMY is how they stand behind their products, offering purchasers an incredible up to 5-year unlimited miles warranty. With free shipping anywhere in the continental U.S. and a no-hassle 30-day return policy, there is virtually no barrier to entry for consumers or mechanics when it comes to using CarMonkeys.com, and pairing these incomparably reassuring service vectors up with an easy to search ordering website has already allowed CKMY to rise to prominence as a provider of choice for many mechanics.

The Varshine appointment to Chief Operating Officer is a clear indication to investors of CKMY’s seriousness about growing their highly appealing business model, and as more and more consumers these days are turning away from brick and mortar retail to shopping online, CKMY seemingly has all the right stuff needed to rapidly emerge as the Amazon.com of high-quality used auto parts. Recent analysis of the used car part wholesaling market by IBIS World indicates that the sector did around $3 billion in revenues last year, or roughly half that of the online new aftermarket parts market, clearly indicating how big the pie is that CKMY is looking to carve an increasingly large slice off of as they move forward. With around 0.5 percent compound annual growth in the used car part wholesaling market over the past half decade, buoyed further by National Automobile Dealers Association data showing that used vehicles outsold new ones by a factor of three last year, Car Monkeys Group is poised to become an ever more leading player in what is essentially an underexploited but extremely healthy industry.

Take a closer look, or shop for parts yourself, by visiting www.carmonkeys.com

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Car Monkeys Group (CKMY) Appoints Entrepreneurial Executive as COO

April 27, 2015

Car Monkeys has named Donald Varshine as its new chief operating officer, effective today. As a “visionary” executive with experience growing startup companies, Varshine will contribute his vast knowledge to help grow the Car Monkeys brand throughout North America.

Varshine was the founder, president and CEO of Integrated Global Logistics, a Top 100 logistics company with a proven track record in developing a productive environment with effective company growth and bottom line results. Prior to Integrated Global Logistics, Varshine co-founded Keystone Dedicated Logistics LLC. He has served on numerous boards and was also employed as a top executive for H. J. Heinz, MidlandRoss Corporation, Genlyte Light Corporation, and Thomas Industries.

Car Monkeys said it believes Varshine’s background in distribution network development will aid the company’s growth opportunities as well as enhance and promote customer satisfaction.

“We are delighted to attract a professional of Don’s caliber. He is an outstanding financial and operations executive with a proven record in managing growth companies. He has the background and expertise to help Car Monkeys Group develop and expand our business,” Mariusz Girt, president and CEO of Car Monkeys stated in the news release.

Car Monkeys is an online retailer of used auto parts. The company’s proprietary search and consolidation algorithm accounts for interchangeability to provide consumers with the greatest number of applicable product choices.

For more information, visit www.carmonkeys.com

Let us hear your thoughts: Car Monkeys Group Message Board

Car Monkeys Group (CKMY) Continues to Establish Position in Growing Online Auto Part Distribution Industry

April 22, 2015

Utilizing a formidable network of warehouses and auto dismantling centers, Car Monkeys Group has established itself as one of the largest and fastest growing online automobile part distributors in the country. The company’s hassle-free Part Finder tool is designed to help consumers locate the perfect part for their vehicles, and direct shipment to nearly any location in the U.S. ensures that repair work won’t be delayed by shipping woes.

“The Car Monkeys brand has an established, reputable and expanding presence in the online used car space,” stated Mariusz Girt, Chief Executive Officer of Car Monkeys. “[W]e intend to utilize this success as a platform for continued growth.”

Since the company’s founding in 2010, Car Monkeys has provided consumers with access to hundreds of thousands of high-quality used parts for a wide range of vehicle makes and models. According to a study by IBISWorld, the online automotive parts and accessories market in the U.S. has achieved sustained annual growth of 11.7 percent over the past five years. The report also indicates that, over the next five years, industry growth is expected to continue, with increased disposable income resulting from the recovering economy and the growing appeal of online shopping continuing to create favorable market conditions for Car Monkeys, as well as the industry as a whole.

In its short history, the emergence of Car Monkeys as a valued player in the multi-billion dollar automotive recycling industry is a testament to the company’s immense growth potential. As the online used automotive parts industry continues to gain steam in the coming years, the company is strategically positioned to expand on its vast nationwide network of warehouses and auto dismantling centers, providing a means for intensified growth in the highly competitive market.

With a solid foundation already in place, look for Car Monkeys, through an impressive combination of low prices and industry-leading warranties, to continue to build upon its current growth. Take a closer look at the company, or find that part you need, by visiting www.carmonkeys.com.

Let us hear your thoughts: Car Monkeys Group Message Board

Car Monkeys Group (CKMY) Easy-to-Use Online Portal Key to Rapid Growth of High-Quality Used Auto Parts Retail Business

April 15, 2015

Since the launch of their online store under the Car Monkeys brand name in 2013, Car Monkeys Group has subsequently leveraged their proprietary search and procurement technology (to which the company has sole and exclusive license) to become a leading U.S. supplier of quality used car, van, and SUV parts. The ability to exploit a just-in-time inventory system that reaches out across a network of distributors and auto dismantling centers, to make available to customers a menu consisting of hundreds of thousands of parts, has given the company a significant advantage over traditional retailers who must incur the costs of maintaining a comparable inventory. The trend towards shopping online is a key growth driver for CKMY as well, because it makes acquiring parts a breeze, whether the customer is a mechanic or an individual consumer, and consumers in particular, who are often new to the practice of acquiring auto parts or who are automotive novices, tend to really enjoy the no pressure environment of interacting with a website.

Furthermore, this virtualized online architecture allows Car Monkeys to coordinate a recycled automotive parts business, sourcing ready-to-ship low-mileage parts that have been run and tested, which can entice consumers into the model via benefits like zero shipping cost, a generous 30-day no hassle return policy, and a 5-year unlimited mileage warranty on all used parts that is unheard of in the industry today. Car Monkeys’ approach is quite shrewd, taking advantage of an underserved market by supporting the ever-growing volume of used cars on the road today, which have not really been targeted by any major players as a growth market, including dealerships. The majority of the company’s business thus far has been focused squarely on used engines, transmissions and rear axle assemblies, where CKMY has spent the majority of keyword advertising dollars and where the company can most effectively grow their business model.

By purchasing keyword advertising in this core niche of parts, while also continually growing their supplier network, Car Monkeys is quickly becoming a profitable conduit, servicing a largely underdeveloped market full of eager customers. Given that NADA (National Automobile Dealers Association) data from 2014 indicates that sales of used vehicles were nearly triple that of new vehicles, at over 42 million sold in the aggregate, the size of this market is considerable. Consumers can also feel good about their purchase and how they are getting more life out of older vehicles through reusing parts, helping to reduce the overall environmental impact, making CKMY’s venue a solid alternative for pollution conscious consumers who cannot afford to step into an expensive new hybrid or EV.

With competitively low prices on parts and the capacity to offer parts across a wide range of vehicle makes and models, Car Monkeys is quickly becoming the Amazon.com of high-quality used auto parts, providing consumers and auto mechanics with a hassle-free shopping experience and an easy-to-use website interface that allows them to find the exact part that they need. By inputting the vehicle’s engine type, make, model and the year that it was produced, customers can instantly access a listing of parts and accessories that correspond to their specific vehicle. And because the Car Monkeys website also offers the option to shop by year and part category, it’s also very easy to simply browse through the entire array of available parts for a given type.

With tidy revenues of just under $350k for the six months ended December 31, 2014, up 17.3% from the same period in 2013, on gross transactions of just over $1.2 million, CKMY is moving along at a good clip, weighed down from a growth standpoint only by advertising expenditures, supplier payments, and increasingly affordable shipping costs. Over this same period, CKMY managed to grow gross transactions by 58%, clearly indicating the health of their business model and the company has redoubled their efforts by increasing their keyword search engine advertising budget proportionally.

Take a closer look at the company, or find that part you need, by visiting www.carmonkeys.com

Let us hear your thoughts: Car Monkeys Group Message Board

Car Monkeys Group (CKMY) Backs Automotive Recycling

April 8, 2015

The Car Monkeys Group is one of the fastest growing used parts distributors for cars, vans and sports utility vehicles in the United States. The group provides a comprehensive selection of high-quality used parts for a wide range of vehicle makes and models, and offers some of the best prices and warranties in the business.

The company’s website, CarMonkeys.com, provides access to hundreds of thousands of used, low-mileage and tested quality auto parts. With so many choices, customers have the option of finding an assortment of parts and accessories specifically designed for their vehicles.

Car Monkeys endeavors to provide a hassle-free, convenient shopping experience online and over the phone by offering top-quality, unheard-of warranty, zero shipping cost and generous return policies on all of its used car parts. Parts are also perpetually ready to ship straight from one of the company’s numerous warehouses or auto dismantling centers in the US either to a mechanic or a consumer’s door, thus ensuring that purchases are delivered not too long after orders are placed.

Not only does the company provide a cost-effective alternative to costly new auto parts, it also simplifies the process of purchasing these parts by making them easily searchable on its website. The Part Finder section of CarMonkeys.com helps customers locate the right parts for their vehicles with just a few clicks on a given checklist containing the vehicle year, make, model and engine type. The website also provides an option to shop for parts via categories, putting the full control of the shopping experience in the customer’s hands.

Plus, Car Monkeys is helping its customers preserve the earth. Instead of purchasing new auto parts that are created with a substantial amount of natural resources and energy, customers are given the option of reusing parts through CarMonkeys.com and possibly reducing the harmful effects that the auto industry has had on the environment. Along with conserving natural resources, this type of automotive recycling can play an important role in reducing air and water pollution and solid waste generation.

For more information, visit www.carmonkeys.com

Let us hear your thoughts: Car Monkeys Group Message Board

How Car Monkeys Group (CKMY) Benefits from Budget-Conscious Consumers, Aging Automobiles

March 25, 2015

Founded in 2010, Car Monkeys (formerly the Delaine Corporation) has gained traction as one of the largest and fastest-growing online distributor of used cars, vans and SUV parts distributors in the United States. Selling used car parts may not initially sound like a sustainable business plan, but as more Americans live paycheck-to-paycheck and the average age of cars on the road ticks higher, revenue-generating Car Monkeys finds its business is in high demand.

Utilizing proprietary search technology, Car Monkeys has access to hundreds of thousands of used, high-quality, low-mileage automotive parts which it sells to consumers, retailers, truck and car fleet owners, and auto repair facilities via CarMonkeys.com.

One of the perks of being an online retailer is that the company does not have to invest in or maintain substantial inventory. Rather than stocking warehouses full of auto parts, Car Monkey offers a “virtual ‘just-in-time’ inventory system.” This cost-saving approach uses Internet search algorithms to quickly find, cross reference and price used auto parts from a trusted network of automotive recyclers nationwide. The proprietary search-and-consolidation algorithm enables a superior, vast and detailed online catalog of used auto parts.

When the search results are returned, the consumer is presented with parts offered at competitive pricing based on availability and wholesale cost of each particular part. All parts ordered through CarMonkeys.com ship from one of the company’s numerous distributors and auto dismantling centers straight to the customer or their mechanic.

Purchasing any used item comes with a warranted measure of concern regarding the integrity of the product and its function. Still, the cheaper price, when compared to pricing of new parts, is an obvious allure for the budget-conscious consumer.

Experts estimate that roughly half of Americans are living paycheck-to-paycheck; subsequently, the Department of Transportation reports that an increasing percentage of older vehicles being kept in service for a longer period of time. In fact, in August 2013 report from R.L. Polk shows the average age of all light vehicles on the road at a record high of 11.4 years, long after most warranties have expired.

Dishing out money for costly repairs or maintenance of these vehicles can be a significant set-back to an individual or family with a tight budget, but doesn’t mean the consumer is willing to forego reliability for a lower-cost part. The Car Monkeys’ business approach, however, offers several advantages to give its customers a peace of mind when buying used auto parts.

Car Monkeys’ customers enjoy a five-year unlimited mileage warranty, zero shipping costs, and a generous return policy. In addition, Car Monkeys’ proprietary search technology accounts for the fact that many identical parts and assemblies are shared across multiple models, model years and brands of cars – something most car owners are completely unaware of. Ordinary search engines cannot account for this interchangeability and as a result severely limit the customers’ range of choices.

The company also applies advanced AI techniques to perform a complex analysis to identify parts that are competitively priced as well as of verifiable quality. This component allows Car Monkeys to rapidly analyze all search results and display to its customers the parts of best value. This enables a reasonable profit margin and a predictive quality metric that allows the company to offer free unlimited-mileage warranty on used parts purchased through CarMonkeys.com.

For this reason, as the company puts it, buying recycled parts from Car Monkeys is “quite often a safer choice than buying new parts from its competitors.”

Americans love a good deal, and as the number of older vehicles on the road increases, Car Monkeys expects continued increase in demand for its products and services.

For more information, visit www.carmonkeys.com

Let us hear your thoughts: Car Monkeys Group Message Board

Car Monkeys Group (CKMY) is a Rising Star in Attractive Used Auto Market

March 19, 2015

Wyckoff, New Jersey headquartered Car Monkeys Group has risen rapidly over just a handful of years to become a recognized brand name providing consumers immediate access to a massive portfolio of hundreds of thousands of run and tested, low-mileage car, van and SUV parts for a wide variety of 1980 to 2013 vehicle makes and models, via their easily searchable CarMonkeys.com website. Whether customers are looking for engine, rear axle, transfer case and transmission assembly parts for an ’88 Alfa Romeo 2000 series or a Range Rover from 2011, Car Monkeys offers an extremely inexpensive alternative to trying to find new parts and they have won over consumers by being able to ship direct from one of their multiple distributors and auto dismantling centers across the country.

The CKMY brand readily evokes the “grease monkey” idiom, tapping into the established wisdom among savvy consumers that such mechanics have an uncanny knack for getting into the small spaces and fixing problems that would be too difficult for others to address, or for being able to get their hands on hard to find parts. By offering great deals on often hard to get parts, Car Monkeys Group brand presence has grown by leaps and bounds. New and repeat business keeps coming in the door as well thanks to exceptional part quality, an up to 5-year unlimited miles warranty that is unheard of in the industry, a generous no-hassle 30-day return policy, and free shipping to anywhere within the continental United States. With helpful customer service like this and a website that makes it easy for customers to find the part they are looking for, the CKMY brand has easily found a firm footing among new and repeat customers looking to get more life out of their older vehicles, or breathe new life into a classic chassis.

This is a solid industry to be in too, given that the used car business is quite hot by most estimations; a seemingly indisputable reality that is pushing even new car dealers further and further into the game, as they double-down on used vehicle sales in search of higher profit margins. According to National Automobile Dealers Association data from last year, the average used car brought in a 96% higher gross profit than the average new car and the gap widened even further in the preceding year, with average gross profit on used cars up 13% as new car gross profits fell by 7%. Across the industry in that same year, aggregate sales of used vehicles far outweighed new car sales by nearly 170%, with some 42 million vehicles sold, including those sold by independent dealers and individuals.

The used car market is still largely untapped by new car dealers and as this trend increases, with dealers even opening used-only stores in some cases, the market for used parts will likely see continued robustness. Moreover, dealers are looking for the service and parts business, as well as the repeat customers generated through this vector. This is increasingly true as new car margins continue collapsing by comparison, a phenomenon driven in large part by the ubiquity of readily available pricing data on the internet. Growth metrics in the used part wholesaling industry will continue to bring players like CKMY choice returns and the immediate future looks bright for used car parts wholesaling in general, according to a report out last year by IBIS World, which pegged the sector at around $3 billion in revenues, having grown at a steady CAGR of around 0.7% over the past five years. The broader online aftermarket new parts sector gives investors a good reticule for sighting the online used part market’s growth as well. The Hedges & Company projections from late last year on the sector, where they indicated online sales would exceed $6 billion in 2015, after having broken through the $5 billion mark in 2014, gives us a good view of the baseline drivers for online selling in particular.

Adding to this trend’s impact on the used part market is the fact that automobiles are the most recycled consumer product in the world today and there is increasing demand from consumers to reduce the environmental impact of the industry through reducing, recycling, and reusing. Automotive recycling is now increasingly seen as a key, more affordable and therefore consumer accessible parallel to buying new energy efficient cars like hybrids and fuel cell vehicles. Automotive recycling is increasingly seen as a vital part of an overall solution for environmentally conscious consumers, with considerable capacity to delimit the industry’s contribution to air and water pollution, as well as the generation of solid waste. Another key trend here is the growing interest by consumers, particularly in North America, when it comes to restoring older vehicles and building souped-up classic cars. All of these factors are contributing energy to the surging demand for high quality used parts and Car Monkeys Group is poised to capture a great deal of that momentum with their user-friendly approach and easy to use website.

CKMY has quickly emerged as a valued player in this still largely underdeveloped niche of the broader $48 billion auto parts store market here in the United States (IBIS World). With this broader market clearly consolidating as the top four players (roughly 65% of industry revenue in 2015) continue to execute M&A activity, such as when Advance Auto Parts (NYSE:AAP) bought up General Parts International early last year to become the biggest auto parts retailer in NA, valuations for firmly established used parts retailers like Car Monkeys Group are expected continue to benefit accordingly.

Take a closer look by visiting www.carmonkeys.com

Let us hear your thoughts: Car Monkeys Group Message Board

Car Monkeys Group (CKMY) Engages QualityStocks Investor Relations Services

March 10, 2015

Car Monkeys Group, a rapidly growing online retailer of a wide range of high-quality used auto parts, announced that it has engaged the investor relations services of QualityStocks. Based in Scottsdale, Arizona, QualityStocks has assisted more than 300 public companies with their efforts to broaden influence, attract growth capital and improve shareholder value.

“The Car Monkeys brand has an established, reputable and expanding presence in the online used car space, and we intend to utilize this success as a platform for continued growth,” stated Mariusz Girt, CEO of Car Monkeys. “To this accord, we intend to build on this presence to obtain deeper saturation in the investment community. We look forward to a partnership with QualityStocks that will supplement our current initiatives and give us the boost we need to better communicate with existing and potential shareholders.”

QualityStocks will utilize its vast network of partners, daily and weekly newsletters, social media channels, blog and other outreach tools to promote clear and frequent communication between Car Monkeys and its shareholders while raising the Company’s visibility in the broader investment community.

“In less than five years Car Monkeys has emerged as a valued player in the multi-billion dollar automotive recycling industry,” stated QualityStocks Managing Director Michael McCarthy. “It’s an impressive achievement and one that we’re anxious to see to its highest potential. With a solid foundation in place, Car Monkeys is primed for acceleration. We’re honored the Company has entrusted the powerful QualityStocks network to continue this momentum.”

For more information, visit www.carmonkeys.com

Let us hear your thoughts: Car Monkeys Group Message Board

Car Monkeys Group (CKMY) is “One to Watch”

March 9, 2015

Car Monkeys Group, via CarMonkeys.com, is one of the largest and fastest growing online cars, vans and SUV parts distributors in the United States. Founded in 2010, the Wyckoff, New Jersey-based company formerly was known as Delaine Corporation and changed its name to Car Monkeys Group in February 2015.

With access to hundreds of thousands of parts, Car Monkeys sells used, high-quality, low-mileage automotive parts to consumers, retailers, truck and car fleet owners and auto repair facilities looking for a wide range of vehicle makes and models. Customers have access to a Part Finder section that helps them easily navigate and quickly locate the right parts they need.

Striving to provide customers a quick, hassle-free and convenient shopping experience, all parts ordered through CarMonkeys.com ship from one of the company’s numerous distributors and auto dismantling centers straight to the customer or their mechanic. Advantages such as a five-year unlimited mileage warranty, zero shipping costs, and a generous return policy further contribute to the increasing popularity of the Car Monkeys brand.

Automotive recycling plays a substantial role in the preservation of natural resources and reduction of demand for landfill space. According to the Automotive Recyclers Association, approximately 95% of vehicles retired from use are processed for recycling, saving an estimated 85 million barrels of oil that would have been used to manufacture new or replacement parts. As a rapidly growing and trusted automotive recycling company, Car Monkeys is positioned as a leading player in the broader $22 billion North American automotive recycling industry.

For more information, visit www.carmonkeys.com

Let us hear your thoughts: Car Monkeys Group Message Board

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