B. Riley Financial
May 21, 2012

Great American Group® Notes New Car Sales Are Reinvigorating Demand for Original Equipment Manufacturer Parts, Tires

—Auto Industry Is On Track for Improvement Over 2011—

WOODLAND HILLS, Calif.--(BUSINESS WIRE)-- Analysts with Great American Group, LLC (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services, believe that domestic demand for original equipment manufacturer (OEM) parts and passenger car tires will continue to benefit from significant improvements in year-over-year new car sales and production levels.

In 2011, the industry finally recovered from the recession-era slump, with full-year sales totaling approximately 13 million units. Although still early in the year, forecasts for 2012 show sales could total from 13.8 million to 14.4 million units, barring any unforeseen events.

Although these sales levels do not quite match the records set in the mid-2000s, the improvement is a bright spot for the U.S. economy, according to Ken Bloore, Chief Operating Officer of Great American Group's Advisory and Valuation Services Division.

"The demand for OEM parts and tires is significantly influenced by sales of new vehicles," Bloore said. "As more cars are produced to keep up with higher levels of consumer demand, more parts and tires are needed to fuel those production levels. The boom in sales bodes well for many of the suppliers to major OEMs."

News also has been positive for the automotive aftermarket industry, as consumers have been keeping their cars longer, improving demand for replacement and maintenance parts. However, skyrocketing prices at the pump often have a negative impact on miles driven, as wallet-conscious drivers choose to put off long trips to save money. The same monetary concerns have resulted in stagnant sales of aftermarket accessories. These cosmetic and performance enhancing items, such as rims and chrome accessories, are discretionary in nature and do not perform well during periods of economic decline.

For more information about industry trends in auto parts, download Great American Group's newest quarterly Auto Parts/Oil and Gas Monitor at http://www.greatamerican.com/news_media/downloads/May_Auto_Monitor.pdf.

For more information about asset disposition, valuation and appraisal services available through Great American Group, visit the company's website at www.greatamerican.com.

About Great American Group, LLC (GAMR-G)

Great American Group, LLC, is a leading provider of asset disposition solutions and valuation and appraisal services to a wide range of industrial and retail clients, as well as lenders, capital providers, private equity investors and professional service firms. Great American Group has offices in Atlanta, Boston, Charlotte, North Carolina, Chicago, Dallas, London, Los Angeles, New York and San Francisco. For more information, contact (818) 884-3737 or visit www.greatamerican.com.

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Source: Great American Group, LLC

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