Repairify Inc., the Texas, US-based parent company of vehicle diagnostic solutions firm asTech, known for offering remote diagnostics, calibrations, programming and automotive intelligence in the collision and mechanical repair sectors, has announced a strategic partnership with Auto-Wares, a provider of automotive parts, tools, and equipment in North America, according to a press release dated Dec. 9. This collaboration aims to provide Auto-Wares customers with access to asTech's advanc...

Denso has expanded its aftermarket offerings by introducing nine new part numbers to its glow plug range, according to a press release dated Dec. 5. This expansion provides solutions for 42 OE part numbers, covering 721 applications and servicing over 12 million vehicles across Europe. The new additions cater to a wide array of vehicle models from manufacturers such as Audi, Citroën, DS, Ford, Hyundai, Kia, Nissan, Opel, Peugeot, Renault, Seat, Škoda, and Vauxhall. This broad coverage is be...

NexaMotion Group (NMG), a US-based company offering solutions to simplify complex vehicle repair, announced that it has made a significant addition to its executive leadership team by appointing Paul DeSiero as the new Chief Financial Officer (CFO), according to a press release dated Dec. 4. DeSiero, who brings over two decades of experience in finance and corporate strategy from the automotive aftermarket industry, notably from Dealer Tire and SimpleTire, is set to oversee various criti...

Tesla's introduction of stalkless vehicles, beginning with the new Model S and Model X, and followed by the refreshed Model 3, has paved the way for the emergence of aftermarket drive stalks designed to attach to the steering wheel. This move by Tesla, which left the Model Y as the exception although it is anticipated to also adopt this change, replaces traditional steering wheel stalks with force touch buttons for turn signals and drive gear controls on the center screen. This design choice ...

AAPEX 2024 successfully gathered the global automotive aftermarket industry, valued at $2.3 trillion, in Las Vegas, offering a comprehensive platform for innovation, networking and industry advancement. The event showcased over 2,600 companies across 5,508 booths and 37 pavilions, featuring participants from 46 countries. To accommodate the growing interest and participation, the event expanded to include Caesars Forum for more exhibitor space. AAPEX provided attendees with over 130 sessions ...

Standard Motor Products (SMP) has announced the expansion of its ABS sensor program, nearly doubling its range to about 2,500 stock-keeping units (SKUs), which now cater to both import and domestic vehicles. SMP emphasized that these ABS sensors are crafted with precision for accuracy, speed and durability, aligning with original equipment (OE) voltage output, resistance and trigger wheel gap specifications to ensure optimal performance. ABS sensors, as SMP explained, are essential to advance...

The Australian government has updated the Core Skills Occupation List (CSOL), integrating nine crucial automotive trades among 456 roles eligible for skilled migration via the new Skills in Demand visa and the Employer Nomination Scheme (subclass 186) visa, set to commence Dec. 7. This update aims to address significant labor shortages in sectors requiring specialized skills. Both the Victorian Automotive Chamber of Commerce (VACC) and the Motor Trades Association of Australia (MTAA) have pra...

Revv, a company leveraging AI and machine learning to provide software-as-a-service (SaaS) solutions for automotive repair shops, has successfully raised over $20 million in a funding round. This round was led by Left Lane Capital, with additional support from Soma Capital, 1984 and Agalé Ventures, underscoring the confidence in Revv's potential to revolutionize the auto repair industry. Founded in an auto repair shop by Adi Bathla, formerly of Misfits Market, and Rashmi Sinha, an engineer p...

Progressive Insurance has introduced a new safety feature named Accident Response, aimed at enhancing policyholder safety by connecting them with emergency or tow services when needed. This feature is particularly beneficial as it is launched ahead of the winter season, a time when driving conditions become more hazardous due to snow and ice, increasing the risk of accidents. The Federal Highway Administration reports that a significant portion of US roads are in snowy areas, leading to over ...

The rise in 48-V mild hybrid vehicles presents a significant opportunity for independent garages, with Schaeffler supporting these workshops through its INA engine parts and Front End Auxiliary Drive (FEAD) KIT offerings. The UK saw the Ford Puma as its best-selling car in October, with the KIA Sportage following closely, both primarily in mild hybrid versions, among other hybrid electric vehicles (HEVs) in the top-10 sales for the month, as reported by the Society of Motor Manufacturers and Tra...

Freudenberg Sealing Technologies, through its Corteco Division, has enhanced its aftermarket business in North America and globally by acquiring Toledo Driveline. This addition is expected to enrich Freudenberg's aftermarket offerings, according to Christian Dickopf, senior vice president of the Corteco Division. He highlighted that this acquisition allows Freudenberg to provide a comprehensive range of components to its aftermarket customers, which now includes seals, metal components and el...

Unity Automotive has announced its decision to shift production operations to Thailand, a move driven by the aim to circumvent the potential financial burdens of tariffs proposed by President-elect Donald Trump on goods imported from China. The company views this relocation as a strategic response to maintain its competitive edge in pricing while improving the quality of its products, which are integral to its industry reputation. Jeff Perusse, the vice president of Business Development at Un...

General Motors (GM) has decided to discontinue including Android Auto and Apple CarPlay in its electric vehicles, leading to an opening that aftermarket companies are rushing to fill. White Automotive & Media Services has introduced a retrofit kit that reintegrates Android Auto and Apple CarPlay into several of GM's Ultium-based EV models. This kit is designed to be compatible with five specific vehicles: The Chevrolet Blazer EV, Chevrolet Equinox EV, Chevrolet Silverado EV (specifically ...

At the AAPEX 2024 event, Aisin Corp. unveiled its ambitious plan to overhaul its global aftermarket strategy, aiming to become a comprehensive parts and service provider. This strategic shift involves the creation of Aisin Aftermarket & Service of America Inc., a fusion of AWTEC — a Transmission Remanufacturing division — and the Aftermarket Business unit of Aisin World Corp. of America (AWA). Scheduled to commence operations in April 2025, this restructured entity seeks to streamline...

GoMechanic, an automotive service provider, introduced Top Assist, a 24x7 roadside assistance service aimed at overcoming the challenges drivers face during emergencies on Indian roads. Given the high volume of vehicles, estimated at over 230 million annually, and the frequent occurrences of issues such as flat tires and breakdowns, there is a significant demand for reliable emergency services. According to the International Road Federation, a majority of about 60% of Indian drivers seek quic...

Autel introduced the MaxiSYS 906 Max, an advanced diagnostic and service tablet designed for general repair shops. The tablet stands out with its broad service menu offering over 40 direct-to-function guided resets, adaptations and coding. It has secure gateway access capabilities for late-model vehicles from Nissan, Stellantis, Volkswagen and Audi, alongside original equipment-equivalent active tests and access to special and hidden functions. The 906 Max features an enhanced screen size and...

Autocare 2025, renowned as Australia's largest automotive training event, is set to provide an unparalleled training experience aimed at enhancing technical skills and propelling business growth within the automotive sector. Hosted by the Australian Automotive Aftermarket Association (AAAA), it will witness a gathering of thousands of technicians, business owners and industry leaders for two days of substantial learning and networking opportunities. Touted as Australia's leading automotive tr...

Carwow Group has unveiled a new service on the Auto Express platform titled Find a Car, aimed at providing retailers, brands and leasing firms direct access to a substantially increased pool of potential car buyers. This service is incorporated into the Auto Express website, which has recently undergone a rebranding. It allows buyers in the market to sift through, research and secure both new and used vehicles more efficiently. Given that Auto Express attracts over 44 million unique visi...

On Nov. 5, Schaeffler AG's board of managing directors outlined a series of structural adjustments targeted at enhancing the company's long-term competitiveness across its European operations. These adjustments, affecting 4,700 jobs in total — including approximately 2,800 in Germany and 1,900 in other parts of Europe — aim to address challenges such as economic downturns, structural issues and heightened competition, particularly from Asian manufacturers within the automotive supply in...

Continental, a tire manufacturer based in Hanover, Germany, announced Nov. 28 its efforts to increase the use of recycled materials in its tire production. The initiative involves incorporating polyester fabric made from recycled polyethylene terephthalate (PET) bottles, thus upping the recycled content in many tire lines by an average of 3%. Depending on tire size, up to 15 PET bottles can be utilized for each tire. The company introduced its own ContiRe.Tex technology, which is pivotal in t...

The Automechanika Shanghai 2024 event is set to take place from Dec. 2 to 5, featuring 81 events and over 400 speakers. There are estimated to be over 6,000 exhibitors showcasing their latest advancements in automotive aftermarket technology, emphasizing the event theme of innovation, transformation and a sustainable automotive future. With the high number of exhibitors, the theme is expected to explore various facets of the industry including R&D, production, distribution, e-commerce, ...

Sweden-based SKF, a supplier of rolling bearings, seals, mechatronics and lubrication systems, announced that it has introduced a groundbreaking multimaterial bearing, designed for limitless remanufacturing, which promises significant cost reductions, extended product life and reduced waste for its users, according to a press release dated Nov. 28. The innovative design of the bearing allows for damaged portions to be completely removed and replaced with new material, offering a customiz...

Continental has announced the introduction of its ATE SecuBrake, a brake fluid for the automotive aftermarket, according to a press release dated Nov. 25. ATE SecuBrake is part of the new ATE New Original product line for next-generation brake systems and solutions. Distinguished as the first sustainably produced brake fluid devoid of hazardous substances requiring labeling, ATE SecuBrake meets and surpasses the standards for DOT 4 brake fluids, making it a suitable option for electric v...

US-based automotive service-equipment provider Hunter Engineering has announced the latest coverage for its advanced driver assistance systems, alignment and inspection equipment, which became available on Nov. 1, according to a press release dated Nov. 20. This release is notable for its comprehensive coverage, including 445 new records for brand-new vehicle models that were not part of the previous update, and more than 1,300 updates to existing records, such as the 2025 Toyota Camry, the r...

Spanish energy and petrochemical company Repsol has announced that with the launch of 100% renewable diesel at its service station in Cartes (Cantabria, Spain), Repsol has achieved a milestone of 600 stations supplying 100% renewable fuel across the Iberian Peninsula, including 550 in Spain and 50 in Portugal, according to a press release dated Nov. 26. The accomplishment fulfills the target set in Repsol’s 2024–2027 Strategic Update to reach 600 stations with 100% renewable NEXA Die...

The Fuchs Group, a Germany-based independent supplier of innovative lubrication solutions, has announced the successful completion of its strategic acquisition of Strub & Co. AG, a Swiss-based company specializing in the development, production, and distribution of industrial lubricants and specialty products, according to a press release dated Nov. 28. Established in 1921 and located in Reiden, Switzerland, Strub is a family-owned business with a focus on the Swiss market but also oper...

MANN+HUMMEL, a global filtration technology company, has announced its strategic partnership with PT. Bquik Otomotif Indonesia (B-Quik), a prominent automotive service provider in Southeast Asia, to offer automotive filtration solutions through its aftermarket brands, WIX Filters and MANN-FILTER, in Indonesia, according to a press release dated Nov. 20. This collaboration is part of MANN+HUMMEL’s ongoing expansion efforts in the Asian market, reinforcing its commitment to enhancing safety, ...

XL Parts and The Parts House have elevated Vikrant Aggarwal to the position of president and COO, according to a report by Aftermarket News dated Nov. 26. Aggarwal, who initially joined the firm as COO in October, will focus on delivering exceptional value to customers, expanding market presence and driving sustainable growth under the leadership of Mike Odell, the CEO of XL Parts, The Parts House and Marubeni Automotive Aftermarket Holdings. Odell will remain president and CEO of Marubeni...

Jaguar Land Rover (JLR) has announced that it has made a technical breakthrough in the closed‑loop recycling of polyurethane seat foam from its used vehicles by successfully reintegrating it back into the production of new seats, according to a press release dated Nov. 27. In collaboration with Dow’s MobilityScience material innovations and automotive seating supplier Adient, the company says this is the first time closed‑loop seat foam content has been successfully used in automotive p...

Dana Inc. has announced significant leadership and strategic changes, including the appointment of R. Bruce McDonald as chairman and CEO, effective immediately, according to a press release dated Nov. 25.  McDonald, who has been a Dana board director since 2014, succeeds James Kamsickas following Kamsickas' retirement. Kamsickas, credited with leading the company through challenging times and achieving substantial growth, will remain as an advisor through March 2025 to ensure a smoo...

Toshiba Corp. has announced its plan to sell its wholly owned subsidiary Toshiba Materials to Niterra, a Japan-based supplier of ceramic products, according to a press release dated Nov. 25. The two companies signed a share transfer agreement with the aim to complete the transfer by May 30, 2025. Toshiba Materials, rooted in Toshiba's Specialty Materials division, is engaged in the development, manufacture and sales of various advanced materials and products including fine ceramics, high...

Nearly three-quarters (72%) of fleet managers recognize a need for substantial changes within their fleets to meet industry challenges. This finding comes from a survey conducted by the market research company Dataforce on behalf of Continental, polling 850 fleet managers in Germany, France, the UK and the US, according to a press release dated Nov. 21. The survey, which took place online from June to July, identified rising costs, economic uncertainties and the need to reduce CO2 e...

As colder and damper weather conditions arise, engine starting issues become more prevalent, offering wholesalers significant sales opportunities, especially in the arenas of spark plugs and glow plugs, according to a press release dated Nov. 22 by Denso Aftermarket. Denso, recognized as one of the top original equipment (OE) manufacturers, said it provides an extensive range of high-quality replacement products for these components. Upgrading to the company's spark plugs, which feature a pat...

Xpel Inc., a company specializing in protective films and coatings, announced that it has expanded its collaboration with Rivian, a manufacturer of electric vehicles, to offer a new Paint Protection Film (PPF) and Window Film customization program, according to a press release dated Nov. 20. As part of this exclusive program, owners of Rivian R1T and R1S models in the US and Canada can now directly purchase Xpel products through Rivian's Gear Shop. The initiative promises straightfo...

As battery prices continue to fall, replacing an electric vehicle battery could become cheaper than replacing a combustion engine, alleviating concerns about battery health and replacement costs in used EVs, as per a new report from Recurrent Auto, a Seattle-based startup that provides vehicle reports for used EVs. The company quoted reports suggesting that battery prices are anticipated to fall to $80 per kilowatt-hour by 2026, marking a reduction of approximately 50% from 2023 prices. This ...

Valeo is set to eliminate approximately 1,000 jobs across Europe, with significant impacts in France where about 800 workers will be affected, according to a report published by Reuters on Nov. 27. This move includes the closure of two Valeo sites within France. The job cuts are not confined to France alone; Valeo will also reduce its workforce in Germany, Poland and the Czech Republic. This decision follows Valeo's announcement in October of a reduction in its annual sales forecast and comes...

Technicians working on BMW diesel engines experiencing engine noise and vibration issues are being prompted by Schaeffler's REPXPERT to inspect the solid pulley on the FEAD system and consider replacing it with an INA overrunning alternator pulley (OAP) where applicable, according to a press release dated Nov. 21. The FEAD system, which powers various engine functions, is under additional strain due to each driven function, and this strain manifests as noise and vibrations in BMWs, a problem ...

B2 Fabrication, a US-based aftermarket performance exhaust solutions provider, has launched a new cat-back exhaust system specifically for the 2015–2024 Ford F-150 models, including both 5.0-liter (L) and EcoBoost engines, according to a press release dated Nov. 19. This announcement emphasizes the system's availability in three distinct sound levels. The company focuses on providing a product that enhances performance, offers a deeper exhaust tone and ensures durability. By leveraging high...

Polaris, a US-based powersports company, has announced that Andy Williams will be appointed as the president of Parts, Garments and Accessories (PG&A) and Aftermarket, with effect from Jan. 1, 2025, according to a press release dated Nov. 22, 2024. Williams replaces Steve Eastman, the current president who is set to retire on Dec. 31, 2024. Williams, who has been with Polaris since 2013, brings a wealth of experience from his prior roles, including his work at Advance Auto Parts and ...

Mercedes-Benz Vans Central and Eastern Europe (CEE) has partnered with E.ON, a leading energy solutions provider, to revolutionize the electric vehicle charging infrastructure for business fleets across Romania, Czech Republic, Slovakia and Hungary. This business-to-business charging infrastructure partnership is designed to facilitate a smooth transition for businesses toward sustainable mobility, addressing the urgent need for accessible and comprehensive charging solutions. Stephan Kunze, ...

XLR8 America, previously known as EVaaS Solutions, has unveiled an ambitious initiative to enhance the electric vehicle charging infrastructure across the US, committing to the installation of 30,000 EV charging ports by 2027. This initiative is based on forging strategic partnerships with leading companies in the sector including Atom Power, DG Matrix, Kennedy Power Systems, EVoke Systems and Mavericks Microgrids, among others. These collaborations aim to elevate the EV charging experience b...

Phinia, the spinoff company of the fuel systems and aftermarket segments of Michigan, US-based powertrain technologies supplier BorgWarner, announced the expansion of its North American team by hiring three new members, according to a press release dated Nov. 22. Hailey Long has been appointed as the manager for the North America Category Management, Pricing and Catalog teams. Having been a part of Phinia since 2015, Long has gained diverse experience within the company, working in Sales...

North America’s Akebono Brake Corp., part of Japanese brake and friction material firm Akebono Brake Industry Co. Ltd., announced the introduction of seven new part numbers to its product lineup, according to a press release dated Nov. 22. These kits are equipped with premium stainless steel abutment hardware and electric-wear sensors where necessary. The latest release extends Akebono's product range to include vehicles such as the Chevrolet Caprice PPV (model years 2011–2017), Dodge Ram...

Bob Mills Mitsubishi, a family-owned dealership with a long-standing presence in the coastal North Carolina and Myrtle Beach, South Carolina, automotive markets since 1993, announced that it is expanding its operations through a new venture with Mighty Auto Parts, a US-based provider of automotive aftermarket solutions, according to a press release dated Nov. 21. The dealership, originally founded by Bob Mills, has been dedicated to providing exceptional pre-owned vehicles and has grown ...

MidOcean Partners, an alternative asset manager based in New York and known for its expertise in middle-market investments, has completed the acquisition of Arnott Industries, a North American and European designer, developer, manufacturer, and distributor of air suspension systems and suspension components for the automotive aftermarket, according to a press release dated Nov. 18. Arnott boasts a product line of over 800 items for light passenger vehicles, claiming original equipment qu...

In a press release dated Nov. 21, Autel Energy announced that it has opened the first ultrafast electric vehicle charging hub in Eastern US, located in Deerfield, Massachusetts. The station is equipped with Autel's MaxiCharger DC HiPower solution, which boasts a world-leading maximum output of 640 kW. Autel’s MaxiCharger DC HiPower solution can charge an EV in as little as 20 minutes. "The Deerfield charging hub is a model for the future of EV infrastructure, setting a h...

Valeo has announced that it is set to further expand its sensors portfolio building upon its release of Exhaust Gas Temperature Sensors (EGT), Camshafts, Crankshafts and Mass Air Flow Sensors (MAF) in the first half of the same year, according to a press release dated Nov. 18. The expansion includes over 150 new references across eight new range sensors, encompassing Exhaust Back Pressure Sensors, Common Rail Pressure Sensors, Gasoline Direct Injection Sensors, Liquid Fuel Pressure Sensors, D...

Forsee Power, a French company that designs and manufactures smart battery systems for electric vehicles and other forms of sustainable transportation, has entered into a collaboration with Infinitev, a company specialized in the remanufacturing of hybrid and EV batteries, according to a press release dated Nov. 14. This partnership aims to offer aftersales repair services for high-voltage battery systems for both on-road and off-road applications across Australia, thereby reinforcing it...

HCI Equity Partners, a US-based private equity firm focusing on the lower middle market, has named Matt Johnson as the CEO of Driven Distribution Group, its new automotive aftermarket distribution platform, according to a press release dated Nov. 19. Distribution Group is a warehouse distributor of automotive aftermarket hard parts, consumables and accessories. This announcement follows shortly after Driven Distribution's endeavors including the acquisition of the auto parts and accessories d...

Syncron, a provider of AI-based aftermarket and original equipment manufacturer aftersales software, has announced that it has appointed Claire Rychlewski as its new chief revenue officer (CRO), according to a press release dated Nov. 19. In her role, Rychlewski will oversee the sales, customer success, marketing and strategic partnership aspects of the company. This move comes as Syncron continues to equip equipment manufacturers with comprehensive platforms for their service life-cycle...

UK automotive trade body Society of Motor Manufacturers and Traders (SMMT) has announced that it is set to host its flagship event, Meet the Buyer, at Automechanika Birmingham on June 2, 2025, during the Automotive Supply Chain Forum, according to a press release dated Nov. 19, 2024. Situated at the NEC, Birmingham, this event is said to be pivotal for fostering new partnerships between vehicle manufacturers and suppliers amid the industry's shift toward zero-emission motoring, it said. ...

Blink Charging Co., a US-based company in the electric vehicle charging sector, announced a partnership with ChargeHub, aiming to allow the customers of both entities access and convenience, according to a press release dated Nov. 12. Through this agreement, Blink's public EV charging stations will become accessible to users connected via ChargeHub's Passport roaming hub, thereby linking Blink chargers with ChargeHub's expansive network. ChargeHub, known for its substantial roaming connect...

Snap-on Inc., a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for vehicle repair and other sectors, has released its latest diagnostic software upgrade, providing extensive coverage for Tesla vehicles, specifically the Model S (2012–2020) and Model X (2016–2020), according to a report by Aftermarket Matters dated Nov. 13. This update enhances Snap-on's offerings with manufacturer-level diagnostic capabilities necessary for h...

Valvoline, a US-based supplier of lubricants and automotive services, has announced plans to refranchise 38 existing Valvoline Instant Oil Change service centers to a new franchisee, Velocity Auto Care, according to a press release dated Nov. 19. The service centers are located in Austin, San Antonio, El Paso and west Texas. The centers are part of a move to accelerate network growth, offering enhanced convenience for customers, opportunities for team m...

The Halifax Group, a middle-market private equity firm, announced its completion of an investment in Universal Air Conditioner (UAC), a company specializing in the design and distribution of aftermarket heating, ventilation and air-conditioning equipment for passenger vehicles, according to a press release dated Nov. 13. Halifax partners with managers and entrepreneurs to recapitalize and invest in lower middle market businesses with total enterprise values generally between $100 million...

Dragonfly Energy Holdings Corp., a company involved in energy storage, has announced its partnership with Keystone Automotive Operations Inc., a distributor and marketer of specialty automotive equipment and accessories in North America, according to a press release dated Nov. 13. This collaboration enables Dragonfly Energy's products to be available for shipment from Keystone Automotive's eight distribution centers, offering overnight or two-day delivery across 48 states and nine Canadian pr...

Motorcar Parts of America (MPA), a US-based remanufacturer, manufacturer and distributor of automotive aftermarket parts, has reported an increase in net sales for the fiscal second quarter of 5.9%, reaching $208.2 million, according to a press release dated Nov. 12. The company's gross profit increased to a record $41.3 million from $41.1 million a year earlier. These figures were influenced by certain one-time expenses, including $2.7 million for new business onboarding and $1.3 millio...

The Motor & Equipment Manufacturers Association (MEMA) Aftermarket Suppliers, an association in North America representing motor-vehicle component manufacturers, has announced the appointment of Jon Gentile as the new vice president of Legislative Affairs, according to a press release dated Nov. 11. With an extensive background in advocacy and government relations, including his most recent role as the chief advocacy officer for the National Association of Professional Insurance Agents (P...

The Australian Automotive Aftermarket Association (AAAA) said that it welcomes the announcement by Federal Treasurer Jim Chalmers of an A$400 million annual investment aimed at enhancing the Right to Repair (R2R) across various industries, according to a press release dated Nov. 13. The commitment serves as an expansion to the Motor Vehicle Service and Repair Information Sharing law of 2021, which was Australia's breakthrough automotive R2R legislation, the statement said, adding that AAAA se...

Uno Minda, an Indian tier 1 supplier of automotive solutions to original equipment manufacturers, has announced the launch of its new Car DVR 2.0 equipped with a Level 2 advanced driver assistance system in the Indian aftermarket, according to a report by Auto Components India dated Nov. 12. The DVR, designed to enhance driver safety, features 1080p resolution for clear recording, real-time alerts and vehicle-surrounding monitoring to minimize the risk of accidents. In a statement, Rakesh Khe...

Magneti Marelli Parts and Services, the division of Marelli dedicated to the distribution of spare parts and automotive components, announced that it has expanded its range of LPG injectors with 12 new part numbers, designed specifically for a broad spectrum of popular LPG and bi-fuel vehicles, according to a press release dated Nov. 14. Among the vehicles covered are models from Alfa Romeo, Dacia, Fiat, Lancia, Opel and Renault. These injectors are entirely manufactured in Italy and not...

CarParts.com Inc., a US-based e-commerce provider of automotive parts and accessories, has reported results for the third quarter ended Sept. 28, 2024, in a press release dated Oct. 29. The company said its net sales decreased to $144.8 million, down 13% from the year-ago quarter. Its gross profit stood at $51.0 million compared to $54.8 million; its gross margin was 35.2%, up from 32.9% from the year-ago quarter; and net loss was $10.0 million, or $0.17 per shar...

Japan's Yokohama Rubber Co. Ltd. (YRC) has announced its decision to close its manufacturing plant located at Hadera, Israel, according to a press release dated Nov. 14. This facility is part of YRC's extensive global network of over 30 manufacturing sites and has been operational for more than 70 years. It will cease operations effective Dec. 31. The decision to close the plant is attributed to the changing dynamics within the tire manufacturing industry, particularly the emergence of South ...

In a press release on Nov. 5, Schaeffler AG announced a comprehensive program of structural measures aimed at enhancing its long-term competitiveness against the backdrop of a challenging market environment and the ongoing transformation in the automotive supply industry. The program is focused primarily on the company's operations in Germany and Europe and is crafted around three key objectives: Enhancing the earnings of the Bearings & Industrial Solutions division, capitalizing on syner...

US-based independent manufacturer and distributor of automotive replacement parts, Standard Motor Products (SMP), announced the expansion of its Collision Repair program, now consisting over 8,000 parts designed to replace vehicle components damaged in collisions, according to a press release dated Nov. 11. This program covers a wide array of parts including advanced driver assistance system (ADAS) components, underhood and cabin components, actuators and sensors, and connectors. Each part of...

Valvoline Global Operations announced that it has introduced a new product to its lineup, Valvoline Extended Protection Full Synthetic Gear Oil, marking the brand's first venture into premium full synthetic gear oil, according to a press release dated Nov. 14. The new offering has been designed to significantly improve differential life, providing four times better gear wear protection than its counterpart, Valvoline Daily Protection Gear Oil. The product is available in two viscosities, S...

Bproauto, the new aftermarket parts brand of Stellantis, announced that as it nears its second year of operations in North America with its launch in January 2023, the company has significantly expanded its product offerings and market presence, offering customers competitively priced and readily available parts, all backed by warranty, according to a press release dated Oct. 31. Bproauto's expanding product line now includes more than 20 categories of automotive parts, such as air and fuel d...

US-based independent manufacturer and distributor of automotive replacement parts, Standard Motor Products (SMP), has announced the finalization of its acquisition of AX V Nissens III APS (Nissens), a European manufacturer and distributor of aftermarket engine cooling and air conditioning products, according to a press release dated Nov. 1. The acquisition, which was initially announced in July, saw SMP taking over all issued and outstanding shares of Nissens for an estimated $390 millio...

Schaeffler Automotive Aftermarket has officially rebranded as Schaeffler Vehicle Lifetime Solutions, according to a press release dated Nov. 11. The name change took place Nov. 1 and follows the full integration of Vitesco Technologies Group into Schaeffler, with the merger having been finalized Oct. 1. The new name has been chosen to highlight the wider offering the company will provide to the aftermarket thanks to the merger, as well as its ongoing commitment to technological innovation, ...

TotalEnergies Charging Solutions Nederland plans to install 100 fast-charging points across 15-20 locations in Rotterdam, the Netherlands, over the next few years, the company announced Oct. 21. “The fast chargers are needed for the arrival of the zero-emission zone in 2025 and the increasing number of [electric vehicles] in the city,” the company said, adding that the city municipality also wants to serve business electric drivers such as taxis and target group transporters. The locat...

Free2move Charge, Stellantis’ all-in-one electric vehicle charging solution designed to deliver seamless charging and energy management facilities, has rolled out Free2move Charge Go for independent EV owners, Stellantis announced Oct. 28. Free2move Charge Go is a design-to-customer solution, providing a simple and accessible public charging experience that ensures drivers can access charging points, initiate charging and manage payments with just three clicks, the company said, adding that...

Aisin Corp. has announced the launch of a new company aimed at the Americas aftermarket industry, named Aisin Aftermarket & Service of America Inc., according to a report on Aftermarket Matters dated Nov. 11. This initiative involves merging Awtec, an Aisin company specializing in transmission remanufacturing, with the aftermarket business unit of Aisin World Corp. of America (AWA). Significance: The move is intended to transition Aisin from offering primarily in-house brands to...

Motorcar Parts of America (MPA), a US-based remanufacturer, manufacturer and distributor of automotive aftermarket parts, announced significant changes to its traditional sales team ahead of its participation in the recently concluded Automotive Aftermarket Products Expo (AAPEX) in Las Vegas, according to a press release dated Oct. 31. The move included the promotion of Craig Meadows and the hiring of Jake Boggs. The company said Meadows is an industry veteran with more than 28 years of ...

Blink Charging Co., known for manufacturing, owning, operating and providing electric vehicle charging equipment and services, has released its financial results for the third quarter of 2024, in a press release dated Nov. 7. The company reported total revenue of $25.2 million for the quarter compared to revenue of $43.4 million in the third quarter of 2023 and $96.0 million year-to-date compared to $97.9 million in the first nine months of 2023. However, Blink Charging...

Blink Charging Co., a leading global manufacturer, operator and provider of electric vehicle charging equipment and services, has signed a strategic passport hub data-sharing and roaming agreement with ChargeHub, North America’s leading EV roaming hub, the company announced Nov. 12. As part of the agreement between the two companies, Blink’s public EV chargers will be visible to e-mobility service providers (eMSPs) and charge-point operators (CPOs) connected to ChargeHub’s passport roam...

AirPro Diagnostics, a US-based firm involved in remote diagnostics, scanning, programming and advanced driver assistance systems calibration solutions for the collision, glass and mechanical repair industries, is focusing on highlighting the widespread misinformation surrounding diagnostics and ADAS services in the automotive industry, according to a report by Repairer Driven News dated Nov. 8. This was revealed by Michael Quinn, AirPro's chief global development officer, during a recent Collisi...

K-Tool International, an aftermarket company catering to mechanics, announced that it has introduced a new flexible chip-on-board headlight aimed at automotive professionals, according to a press release dated Nov. 11. The headlight features an adjustable double-banded design and incorporates a side flashlight equipped with a motion sensor for added convenience and energy efficiency. The motion sensor can be operated through a separate switch, allowing users to save power when the headlight i...

Chinese tire manufacturer Linglong Tire has announced that it showcased an extensive range of 20 new products under its brands LINGLONG, ATLAS, CROSSWIND, GREEN MAX and LEAO at the recent 2024 Specialty Equipment Market Association (SEMA) Show in Las Vegas, according to a press release dated Nov. 11.  The products are designed for a variety of vehicles including racing cars, sedans, sport utility vehicles, off-road vehicles, trucks and buses, highlighting Linglong's deep expert...

Zhongce Rubber Group (ZC Rubber), a mainland China-based tire manufacturer, announced that it introduced its latest tire innovations for the North American market at the recently held SEMA Show 2024 in Las Vegas, according to a press release dated Nov. 5. The company showcased the North American debut of its WESTLAKE Gen II Truck Tires and unveiled new additions to the ARISUN PCR lineup. The former includes 13 tread designs catering to a variety of commercial needs, featuring advanced technol...

Bosch has announced its latest product, the XpressFIT PRO wiper blade, according to a report by Aftermarket Matters dated Nov. 12. This new offering is targeted at installers and commercial accounts, aiming to streamline the installation process. “Our goal with this new wiper solution is to simplify installation without sorting through multiple loose adapters. Every feature in this product was implemented with efficiency in mind, from the new Uni-Link adapter to the sustainable packaging...

UK automotive trade body Society of Motor Manufacturers and Traders (SMMT) has announced that the nation's used car market saw a significant uptick in the third quarter of 2024, growing by 4.3%, according to a press release dated Nov. 7. A total of 1,965,811 vehicles were traded, with an increase of 81,651 transactions compared to the same period in 2023, buoyed by growth in the new car market. Notably, the sales of used battery-electric vehicles (BEVs) soared by 57.0% to 53,423 units, c...

Gentex Corp., a US-based supplier of automatic-dimming rearview mirrors and electronics to the automotive industry, announced that it showcased its custom vehicle builds and extensive automotive portfolio at the recently concluded SEMA Show in Las Vegas, according to a press release dated Nov. 5. The company's showcase included its innovations such as car-to-home automation, connectivity, e-concierge, digital vision and dimmable glass products tailored for automakers and the aftermarket ...

UK-based charge-point operator (CPO) Be.EV plans to expand its charging network of over 750 charge points with an additional 300 charge points that are being built across the country by the end of 2024, by forging new partnerships, the company announced Nov. 5. “Our collaborations go beyond just technology and locations. From private landowners to retail giants like Decathlon and Dobbies — these partnerships, whether national or regional, are a cornerstone to the adoption of EV charg...

US-based automotive aftermarket company Old World Industries has announced a significant update to its PEAK brand's product offerings, introducing new antifreeze and coolant products designed to meet a diverse range of vehicle needs, according to a press release dated Nov. 6. The announcement, made at the AAPEX Show in Las Vegas, introduced PEAK TITANIUM, PEAK All Vehicles, PEAK ECOSHIELD and PEAK Original Equipment Technology North American Purple as the latest additions to the brand's ...

Mevotech, a Canada-based engineering, designer and manufacturer of driveline, steering and suspension aftermarket parts, has announced the launch of TTX Brakes as an addition to its product line, aimed at the commercial vehicle segment, according to a press release dated Nov. 5. The premium range of brake pads comes with five unique formulations, including the CeraPhite and SuperMet. These formulations are designed to offer advanced friction technology and superior performance tailored to mat...

FlexShopper Inc., a US-based national online lease-to-own retailer and payment solutions provider, has announced a strategic partnership with the Aftermarket Auto Parts Alliance, which operates an expansive network that includes over 3,700 independent distributors, auto parts stores and professional service repair shops across North America, according to a press release dated Nov. 6. This effort marks a considerable expansion of FlexShopper's payment solutions to more than 7,800 locations, in...

Private investment firm Brixey & Meyer Capital (BMC) has announced its acquisition of Smith Equipment Solutions, a company in the technical field services and distribution industry for automotive aftermarket shop equipment, according to a press release dated Nov. 6. The company, previously owned by Wil and Emily Smith who will maintain an ownership stake, is headquartered in Raleigh, North Carolina. Smith Equipment Solutions' expertise lies in the repair, inspection and preventa...

Stryten Energy, a US-based energy storage solutions provider, participated at the recently held automotive aftermarket events at AAPEX and the SEMA Show in Las Vegas, according to a press release dated Nov. 4. At AAPEX 2024, Stryten featured its Enhanced Flooded Battery (EFB) technology along with Dragonfly Energy’s Battle Born Batteries brand of lithium-ion (Li-ion) batteries. The company said as vehicle power demands continue to evolve with increased computerization and electrical dema...

BorgWarner Inc. announced a significant leadership change set to take place on Feb. 6, 2025, as Joseph Fadool, currently the executive vice president and COO, will assume the role of president and CEO. This transition comes as Frédéric Lissalde, the current president and CEO, prepares for retirement and will step down from the board of directors. To facilitate a smooth transition, Lissalde will serve in an advisory capacity until Aug. 30, 2025. Alexis P. Michas, non-executive chairman of th...

Dover, a US-based manufacturer and solutions provider of equipment and components, consumable supplies, aftermarket parts, software, and digital solutions and support services, has disclosed its financial outcomes for the third quarter ended Sept. 30, 2024. The company reported a revenue increase to $2.0 billion, marking a 1% growth. Earnings from continuing operations saw a 19% rise to $313 million, and the diluted earnings per share (EPS) from continuing operations increased by 22...

ChargePoint, based in Campbell, California, has introduced the ChargePoint Essential cloud plan, a novel approach aimed at simplifying the provision of electric vehicle charging solutions. This plan, an alternative to traditional cloud subscriptions, is designed to make it easier for owners to offer EV charging by covering software fees through driver payments for charging services. The plan promises that any revenue beyond the software fee will be returned to the station owner monthly, with ...

Renault UK and Mobilize, the electric vehicle division of the French carmaker, have partnered with Octopus Energy to offer customers of its battery-electric vehicles (BEVs) with a one-year free EV charging facility, Renault UK announced Nov. 7. The partnership also includes providing access to the Intelligent Octopus Go tariff to Renault BEV customers, who could save hundreds of pounds a year over a standard variable tariff, it said. Moreover, retail customers who purchase Renault’s Scenic ...

XPEL Inc., a global provider of protective films and coatings, has announced its participation in the ongoing Specialty Equipment Market Association (SEMA) Show in Las Vegas, from Nov. 5 to 8, according to a press release dated Nov. 5. The company is showcasing its new Windshield Protection Film, designed to enhance the impact resistance of windshields, alongside showcasing a broad spectrum of its automotive products and collaborative efforts with brands including Kia America and Tesla. ...

Dana Inc., the Ohio, US-based global supplier of drivetrain and propulsion systems as well as aftermarket solutions, announced that it is presenting its wide array of high-performance products and unique custom vehicle builds at the ongoing SEMA Show from Nov. 5 to 8 at the Las Vegas Convention Center. The SEMA Show offers Dana an opportunity to exhibit its prowess in designing, engineering and manufacturing both traditional driveline and e-propulsion systems. The event will also allow c...

Milestar, a US-based supplier of performance tires, has announced the launch of its Winterguard studdable tire, set to be available in 2025, according to a press release dated Nov. 4. The new addition to Milestar's product lineup is designed to provide exceptional performance in severe winter conditions. The Winterguard tire boasts a Three-Peak Mountain Snow Flake (3PMSF) and Severe Ice symbol rating, indicating its capabilities in handling the toughest winter weather. This launch signifies M...

Freudenberg-NOK Sealing Technologies announced that it has acquired Seal Aftermarket Products (SAP) LLC, a Florida-based aftermarket company that sells automotive transmission kits and components, according to a press release dated Nov. 6. SAP will be integrated into Freudenberg Sealing Technologies’ Corteco Division. SAP sells a line of automatic transmission rebuild kits, hard parts, components, electronic products and specialty tools. The financial terms of the transaction were not ...

BorgWarner has announced the latest addition to its AirWerks series turbochargers designed for high-performance engines called the S200 and S300 SX-R series super-cores, according to a press release dated Oct. 25. Released late in 2023, these units are tailored for performance applications, marking a significant evolution in performance racing technology. The SX-R series features compact design yet impressive power output, achieved through advanced engineering and a focus on innovative a...

Driven Brands, a US-based automotive aftermarket repairing and servicing company, has announced its financial results for the second quarter ended Sept. 28, 2024, according to a press release dated Oct. 31. The company reported a 2% increase in revenue, reaching $592 million, and a 2% rise in systemwide sales to $1.6 billion for the quarter. This growth is attributed to a 1.1% increase in same-store sales and the addition of 56 net new units. In contrast to the prior year's net loss of $799.3...

The Maine Right to Repair Working Group recently engaged in discussions regarding the independent entity mandated by a new right to repair law, LD 1677, passed in 2023 through a referendum, according to a report by Repairer Driven News dated Nov. 1. This law aims at ensuring equal access for independent repairers to vehicle data and telematics, comparable to that available to dealership and original equipment manufacturer-certified facilities. Despite industry agreements asserting independent...

Phinia, the spinoff company of the fuel systems and aftermarket segments of Michigan, US-based powertrain technologies supplier BorgWarner, announced that it is attending the ongoing 2024 Automotive Aftermarket Product Expo (AAPEX) at the Venetian Expo in Las Vegas from Nov. 5 to 7 with its aftermarket brands Delphi, Delco Remy and Hartridge.  The company's Delphi showcase features a sneak peek of several new parts set to be announced later in the fourth quarter. Delphi anticip...