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

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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