The House of Representatives on Wednesday will once again vote on legislation to delay the DTV transition until June. At least, it probably will.
In these days of shrinking sales, price points, margins and customer traffic, many dealers—from AV to 12-volt—rely on the hard-won profits generated by installation services to keep their businesses afloat. Think of those services as being on par with guns and religion: mess with them and you’re facing a world of hurt.
An electronics industry veteran-turned-Congressman is getting set to take on an important new role in the House of Representatives.
Lawmakers with ties to the consumer electronics industry took the second and third spots on a survey released this week of the wealthiest members of Congress. According to the Washington, D.C.-based Roll Call newspaper Rep. Jane Harman, a Democrat of California who is married to Harman International Industries founder Sidney Harman, is the second-wealthiest member of Congress, with a listed net worth of $225.96 million. Right behind her on the list is Rep. Darrell Issa, a Republican also of California, who founded Directed Electronics and has a listed fortune of $160.62 million. Both trail Sen. John Kerry of Massachusetts, who claimed the
Mobile Entertainment Source announced Monday that it has reached an agreement with Directed Electronics to distribute several of its brands, including Autostart, Avital, Cobalt, Python, and Sirius, to its members. “As one of the industries leaders, Directed Electronics, Inc. is very pleased to be associated with Mobile Entertainment Source,” Directed’s vice president of sales, Steve Wood, said in a statement. “We recognize that the Expert Warehouse is a valuable tool in providing just-in-time inventory to specialty retailers and look forward to being part of the solution that M.E. Source provides for its members.” What do you think about this move? Talk about it
Directed Electronics on Monday announced that it has officially changed its parent company name to DEI Holdings, Inc. The California-based company said in a statement that the change was approved by shareholders in order to “more closely align the Company’s corporate structure with its daily operations.” DEI’s brands include Definitive Technology, Polk Audio, and Directed Canada, as well as the mobile electronics/car alarm business which will continued to be called Directed Electronics. James E. Minarik will remain the company’s president and CEO, while Michael S. Simmons has been named president of the Directed Electronics branch. The company also announced the formation of a
Luxury vehicle manufacturers place a lot of emphasis on the design of remote key fobs. Most manufacturers integrate the technology into the key and try to keep the overall footprint as small as possible. While keyfobs now include more sophisticated features, (including remote start, which is featured on the Bulgari-designed Cadillac XLR fob), they do little to protect the vehicle and its contents from theft. The customer, however, believes otherwise and therefore overlooks aftermarket security systems, thinking the super-fobs offer all the theft protection they need. Directed Electronics took all of those considerations into account when it designed the Responder LE 2-way