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J.D. POWER BUYS BRITISH ALLY.


Byline: Brent Hopkins Staff Writer

WESTLAKE VILLAGE - With its eyes on growing its European market, J.D. Power and Associates announced Monday that it has purchased its British partner and plans to open an office in Germany.

The market research company acquired the Oxford-based LMC LMC Large Magellanic Cloud (also see SMC)
LMC Library Media Center
LMC Lees-McRae College (Banner Elk, NC)
LMC Lutheran Medical Center
LMC League of Minnesota Cities
LMC Local Medical Committee
 Automotive Services Ltd., with whom it has collaborated on a global automotive forecast. Terms of the deal were not announced, but the duo's partnership dates back eight years. Combining with its new German operation, Power hopes to strengthen its relationship with companies in Europe, such as DaimlerChrysler AG, Volkswagen AG Volkswagen AG (VW)

Major German automobile manufacturer. It was founded in 1937 to mass-produce a low-priced “people's car” (Volkswagen). After World War II the company was rebuilt with Allied help, and within a decade it was producing half of West Germany's
, Fiat Auto and parts makers Siemens AG Siemens AG

German electrical-equipment manufacturer. The first Siemens company, Siemens & Halske, was founded in Berlin in 1847 to build telegraph installations.
 and Bosch.

``We found that there's so much business developing, we felt that we needed to be even closer to our clients,'' said J.D. Power IV, executive vice president of international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee.  and senior partner. ``This is an opportunity to deepen our relationship with the European manufacturers.''

To supplement the work of its new English New English
n.
See Modern English.
 subsidiary and its existing office in London, the company will dispatch David Lauth as managing director of the Munich branch. Lauth, who's worked in the English and South African auto markets, will look immediately to hire a staff of four to five.

With the auto market changing, especially in Eastern Europe Eastern Europe

The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991.
, Power made the move to allow for quicker response to foreign trends.

``They've been involved over there for a number of years,'' said Ed Lapham, executive editor of the Detroit-based Automotive News. ``They know the players, they know the people, they know the business, so this is an extension of what they've already been doing in North America.''

Brent Hopkins, (818) 713-3738

brent.hopkins(at)dailynews.com
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Sep 21, 2004
Words:276
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