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The water pump circulates coolant through the engine. It is usually located on the front of the engine and driven by an accessory belt. You can check this link for the steps: http://www.automd.com/138/how-to-replace-a-water-pump/"
Auto aftermarket companies that want to win the market-share battle must invest heavily in the supply chain, according to Michael Cardone III, vice president of supply for Cardone Industries.