Nexus Automotive International (Nexus), a Geneva-based alliance of independent car parts distributors, announced that it has expanded its global reach with the creation of Nexus Automotive Turkey, aimed at capitalizing on the development opportunities within the Turkish automotive aftermarket. Located in Ürmaniye, Istanbul, this new division seeks to leverage Nexus' extensive network, which spans 145 countries and includes 523 members, 2,319 wholesale distributors, 96 suppliers and nearly 10...

Infosys, an India-based global entity in digital services and consulting, has announced its successful partnership with LKQ Europe, a distributor in the automotive aftermarket parts sector. This collaboration focuses on leveraging Infosys Cobalt — a comprehensive set of services, solutions and platforms aimed at enhancing enterprises' cloud journeys — to streamline LKQ Europe's human resources (HR) processes across 18 countries. As part of an ongoing five-year collaboration,&nbs...

Meko announced that it is strengthening its focus on commercial vehicles, including trucks, buses and transporters with a goal to achieve the same strong market position in commercial vehicles as in passenger cars. To lead this expansion, Meko has appointed experienced automotive industry leader Nils Hollmann as the head of its newly established Commercial Vehicle division. "We are stepping up our efforts and redefining the market to benefit our customers. Owners and operators of commerc...

FleetPride Inc., a US-based independent distributor of aftermarket heavy-duty parts and services, has announced its acquisition of OTR Fleet Service LLC, a major player in fleet maintenance based in Houston. The acquisition enables FleetPride to broaden its service capabilities throughout Texas by incorporating OTR's expertise in on-site mobile maintenance and repair services for heavy-duty trucks and trailers. OTR Fleet Service, known for its extensive reach in Texas with service center...

CarParts.com, an e-commerce destination for automotive parts and accessories, has announced that it is considering a possible sale of the company in its efforts to "maximize shareholder value" in response to "inbound strategic inquiries the company has received." To facilitate this process, CarParts.com has obtained the services of Craig-Hallum Capital Group LLC for financial advisory and Wilson Sonsini Goodrich & Rosati, Professional Corporation for legal counsel. David Meniane, CEO o...

American Tire Distributors has recently concluded the sale of all its assets to a group of well-financed investors keen on fostering long-term growth. This move has led to the formation of a new entity, which will continue to operate under the name American Tire Distributors (ATD). The new company aims to enhance its growth trajectory and establish itself as a significant player within the replacement tire distribution sector. The strategy revolves around concentrating on its primary tire dis...

Meko (previously Mekonomen Group), an automotive spare-parts distributor based in Sweden, has announced that it is accelerating its business in the tire segment and entering a strategic partnership with Goodyear. The initiative aims to achieve sales of 1 million tires, valued at 1 billion kronor (about $99 million), by the end of 2026. The partnership ensures efficient distribution in the Nordic region, thereby strengthening Meko's position in one of the key growth segments of the aftermarket. ...

Magneti Marelli Parts & Services has extended its logistics operations in Poland by enlarging the Sosnowiec Warehouse, a move realized through the renewal of a long-standing partnership with CEVA Logistics. This collaboration, originally established in 2004, has now been extended for an additional five years, lasting until 2029. The Sosnowiec facility, boasting 18,000 square meters of advanced infrastructure, ranks as the second main logistics hub for Magneti Marelli Parts & Services ...

RevolutionParts, a US-based automotive e-commerce company, has introduced new capabilities aimed at assisting aftermarket manufacturers and warehouse distributors in broadening their sales scope, enhancing fulfillment efficiency, and improving the accuracy of product data. The company said the enhanced platform enables seamless catalog integration, unlocking new direct-to-consumer (D2C) and business-to-business revenue streams while simplifying order fulfillment. The company said with the enh...

Spryker, a commerce platform catering to business-to-business commerce, enterprise marketplaces and internet of things commerce, has partnered with Daimler Truck, the world's largest commercial vehicle manufacturer, to revolutionize the B2B spare parts webshop experience for customers in Europe. The collaboration aims to streamline the spare parts purchasing process, making it faster, more accessible and convenient, thereby addressing the costly downtime associated with unexpected repair...

Lithia & Driveway (LAD), an automotive retailer in North America that also provides a suite of financing, leasing, repair and maintenance options, announced the acquisition of Stohlman Subaru, a full-service Subaru dealership located in Sterling, Virginia. The move aims to expand LAD's operations in the Mid-Atlantic region, an area known for its strong performance in the automotive industry. "We are thrilled to welcome the talented Stohlman Subaru team to the Lithia & D...

BendPak, a California, US-based workshop equipment manufacturer and distributor, has announced the launch of the GoAir Mini, a new compact air compressor designed for home garages and workshops. Unlike regular tire inflators, the GoAir Mini is a true air compressor capable of being mounted on a BendPak car lift column or a wall, the company said. The device has a robust 120 PSI output, making it suitable for a variety of applications including releasing locks on four-post lifts and powering p...

LKQ Corp. announced that it has introduced two new independent directors, Sue Gove and Michael Powell, to its board of directors, effective immediately. This enhancement is part of a broader strategy that included the formation of a finance committee within the board. These changes come as part of a cooperation agreement with Ancora Catalyst Institutional LP, Engine Capital LP and their affiliates, following a period of constructive engagement. Sue Gove, the founder and president of...

Advance Auto Parts Inc., an automotive aftermarket parts provider in North America, has announced the appointment of Jeff Vining as its new executive vice president, general counsel and corporate secretary, effective March 2. Vining, who brings over 20 years of extensive legal expertise in corporate governance, M&A, risk management and more, will oversee all aspects of the company's legal, corporate governance and compliance functions. He will directly report to Shane O'Kel...

Online distributor, PartsinMotion.co.uk, has expanded Apec’s premium quality range, including brake pads, discs, brake hoses, coil springs, suspension arms and calipers, now offering more than 21,000 part numbers in its portfolio. Top applications in the new Apec range include brake pads for popular VAG models, wishbone/suspension arms to cover the Vauxhall Insignia; brake calipers for the Kia Picanto; brake discs for the BMW 5 Series, X3 and X4; and coil springs fitting...

EBay has officially launched the NAPA Auto Parts UK store on its platform, expanding its extensive vehicle parts and accessories marketplace. This collaboration offers customers easy access to thousands of NAPA Auto Parts and accessories, including a broad variety of high-quality, authentic parts for all makes and models, the company said. The launch is part of eBay's commitment to providing a comprehensive selection for vehicle maintenance needs, supported by the eBay Assured Fit guarantee a...

ZF Aftermarket has launched a campaign called Keep it Real to combat counterfeit automotive parts, which pose extensive risks to drivers, passengers and other road users, and also have broader economic and brand implications. The campaign delves into the complex operations behind identifying, tracking and eliminating fake products from the supply chain, emphasizing the global and meticulously coordinated efforts of ZF's intellectual property team. Stationed at the departmental headquarters in...

FleetPride Inc., a US-based independent distributor of aftermarket heavy-duty parts and service, announced it has acquired the assets of ARS Truck & Fleet Service. Based in New Castle, Delaware, ARS operates 25 service bays in two locations and a mobile service fleet of 16 trucks. This transaction represents the expansion of service on the Eastern Seaboard. ARS, established in 1972, is known for its in-house and on-location repair services for heavy-duty fleets. The announcement...

TechMan has recently unveiled a new partnership with Alliance Automotive Group (AAG), aimed at enhancing the parts ordering process for its users. Through this integration, TechMan's platform now includes direct access to AAG's extensive parts catalogue, effectively streamlining the procurement process. This new feature allows users to remain on the TechMan system without the need to navigate between multiple platforms, thereby saving time that was previously spent in search of parts. It enab...

ZF Aftermarket and HDA Truck Pride, North America’s largest independent provider of parts and services to the commercial vehicle aftermarket, have announced a partnership to distribute WABCO products to the commercial vehicle independent aftermarket. The announcement came at the recently held Heavy Duty Aftermarket Week (HDAW) 2025 in Texas. The partnership between WABCO, a provider of innovative solutions for commercial vehicles, and HDA Truck Pride, a premier marketing group, aims to enha...

Mighty Auto Parts has recently enhanced its presence in New England, US, by opening a new franchise in Rhode Island, namely Mighty Auto Parts of Rhode Island, led by newly appointed franchise owners Joe and Jennifer Felicio. The Felicios are poised to leverage their diverse backgrounds to make a significant impact in the automotive parts industry across Rhode Island and Southern Massachusetts, the company said. Joe Felicio's enthusiasm for automotive restoration and his involvement in the dra...

Dealer Tire, a tire distributor and service provider for franchise dealerships across the US, and RockED, a mobile sales enablement platform for the automotive industry, have announced a partnership to develop and launch a tire sales certification program, aimed at empowering parts and service associates at numerous select dealerships throughout the US. This collaboration combines Dealer Tire's significant expertise in tire distribution and services with RockED's advanced micro-learning ...

Highline Warren, a US-based supplier of consumable and maintenance products for the automotive aftermarket, has announced significant changes in its executive leadership. As part of the move, Brad Moreschi, who has served as the company's CFO since 2021, has been named president and COO, effective Jan. 13, 2025. The move follows the realignment of the executive team aimed at enhancing customer value and positioning the company for future success, the release added. Ken Chrisman, the outgoing ...

GSF Car Parts, a UK-based supplier of car parts to the independent aftermarket, announced that it has inaugurated its National Distribution Centre (NDC) in Wolverhampton, which began operations as the central logistics hub aimed at modernizing the company's supply chain infrastructure. Acquired in May 2024 and spanning nearly 500,000 square feet with the potential for expansion to 750,000 square feet, the facility significantly streamlines delivery processes to GSF's 194 branches nationwide. ...

Advance Auto Parts Inc., a prominent North American automotive aftermarket parts provider that caters to both professional installers and do-it-yourself customers, has announced Michael Beland's appointment as senior vice president, controller and chief accounting officer, effective Jan. 5. In his new role, Beland will oversee the company's accounting operations, tax, external financial reporting and compliance on an enterprisewide scale. Ryan Grimsland, the executive vice president and ...

Toyota Boshoku Corp., headquartered in Kariya City, Aichi Prefecture, Japan, announced its participation in the Bharat Mobility Global Expo 2025. This marks the company's first time exhibiting at the event, underscoring the significance of the Indian market to its global expansion strategy. Toyota Boshoku's decision to participate in the expo is driven by its aim to better understand local market needs and enhance its market presence in India to secure more orders in the future. At the expo, ...

MyTVS has announced its entrance into the quick commerce delivery segment for distribution of automotive parts and lubricants for passenger vehicles and commercial vehicles, aiming to cut down supply chain costs by 30%, according to a report by Motor India dated Dec. 19.  The initiative is set to enhance the company's supply chain efficiency through collaborations with its existing retail network while utilizing the myTVS digital catalog to minimize the inventory stocked in dark sto...

CarParts.com, an e-commerce destination for automotive parts and accessories, has announced its partnership with Extend, a provider of shipping protection and product protection, according to a press release dated Dec. 12. This collaboration introduces Extend Shipping and Product Protection for items sold on CarParts.com. Through Extend's services, customers of CarParts.com now have the option to protect their orders beyond the standard manufacturer warranty, with the option to extend coverag...

Commercial Truck and Trailer Parts (CTTP), a national distributor of aftermarket parts for the US heavy-duty truck industries, has announced a partnership with Fleet Services Inc. to establish a presence in the Southern California region, according to a press release dated Dec. 10. Fleet Services, established in 1966 and known for its service for nearly six decades, operates from four locations in California, US — Anaheim, San Bernardino, San Diego and Ventura. This partnership aims to leve...

NexaMotion Group (NMG), a US-based company offering solutions to simplify complex vehicle repair, announced that it has officially opened a new C&M Auto Parts store in Beltsville, Maryland, marking this as its 10th expansion in 2024, according to a press release dated Dec. 10. This new addition aims to serve the local market by providing a broad spectrum of automotive aftermarket parts. With a partnership with Transtar Aftermarket Solutions, a sister NMG company, the Beltsville facility i...

LKQ Corp. has announced significant changes to its board of directors as part of its ongoing board refreshment process, according to a press release dated Dec. 11. The company revealed that James S. Metcalf will join the board as an independent director starting from Dec. 11. This appointment coincides with the announcement that Dominick Zarcone has decided not to stand for reelection and will retire at the conclusion of his term during the company's 2025 annual meeting. Following Zarcone's d...

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, ...

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...

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...

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...

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...

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...

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 ...

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...

NexaMotion Group (NMG), a US-based company offering solutions to simplify complex vehicle repair, announced that it has acquired parts distributor City Auto Supply, as part of its national expansion endeavors, according to a press release dated Oct. 31. A distributor of automotive parts that supplies to the auto repair industry, City Auto Supply is known for carrying over 100,000 individual parts. The company operates through three wholesale distributor locations, with two in San Francisco an...

Denmark-based spare parts logistics provider Danx, part of the Danx Carousel group, announced that it has recently moved its Stockholm distribution center to a larger and refurbished facility in Kungens Kurva, Sweden, aiming to enhance its operational efficiency and sustainability measures, according to a press release dated Oct. 30. This relocation from the Skärholmen terminal is part of Danx's broader strategy to adapt to market growth and environmental concerns. The new hub is equipp...

US-based automotive parts distributor Genuine Parts Co. (GPC) has reported its third-quarter results for 2024, recording sales of $6.0 billion, a 2.5% increase compared to $5.8 billion in the same period of the prior year, according to a press release dated Oct. 22. The growth in sales is attributable to a 3.2% benefit from acquisitions and a net 0.1% favorable impact of foreign currency and other, partially offset by a 0.8% decrease in comparable sales.  Net income was $2...

Motor's PartSaver data-cleansing services play a vital role in streamlining operations for businesses involved in the automotive industry, particularly in managing and procuring automotive parts, according to a press release dated Oct. 22. PartSaver, acquired and refined by Motor Information Systems in 2008, has become an essential solution for standardizing and validating parts information, addressing a previously widespread problem of inconsistent and unreliable parts data that businesses face...

In a strategic move to bolster its presence and services across Africa, IAMaga, the African regional arm of Nexus Automotive International, has announced the acquisition of BTR, according to a press release dated Oct. 21. This acquisition aims to enhance the expansion of suppliers' activities and deliver more services throughout the continent by providing tailored services to suppliers lacking an adequate regional footprint. Nexus said that since its inception, it has focused on delivering va...

Alliance Automotive Group (AAG), a European automotive aftermarket distributor, has announced a significant leadership shift within its German business unit with Fabian Roberg, who has been the managing director of AAG's German operations and is set to resign by the end of October, according to a press release dated Oct. 14. Since AAG's acquisition of Roberg's family business in 2015, he has been instrumental in growing the German unit's revenue from €150 million to over half a billion...

Following its recent acquisition of PPi Automotive, NexaMotion Group (NMG), a US-based company offering solutions to simplify complex vehicle repair, has inaugurated a new store in Pittsburgh, according to a press release dated Oct. 8. The facility, which opened its doors on Oct. 1, spans 11,000 square feet and boasts a significantly enhanced offering with four times the inventory and double the number of delivery drivers compared to its predecessor, the release added. This expansion aims ...

Donaldson Company Inc., known for its filtration solutions, has inaugurated a new distribution center in Olive Branch, Miss., according to a press release dated Oct. 15. This expansion is set to bolster Donaldson's capacity to cater to the burgeoning demand in the mobile solutions aftermarket segment, which encompasses industries such as heavy-duty trucking, construction, mining and agricultural equipment, the release added. Situated within the Memphis, Tenn., metropolitan area, the Olive ...

Stryten Energy, a US-based energy storage solutions provider, has announced a significant investment in Revkit, a new digital platform that brings together a community of automotive enthusiasts, according to a press release dated Oct. 15. Revkit showcases unique vehicle modifications and provides easy access for consumers to purchase the best automotive aftermarket products to customize their vehicles, the release added. According to Mike Judd, CEO and president of Stryten Energy, this i...

Driven Distribution LLC, backed by HCI Equity Partners, has acquired the auto parts and accessories distribution business of Chicago Parts & Sound, according to a report by aftermarketNews dated Oct. 3. This acquisition is a strategic move for Driven Distribution, following its earlier recapitalization of Tri-State Enterprises Inc. in November 2023. Chicago Parts & Sound, established in 1978 and taken over by Bob and Jackie Lederer in 2002, has additional locations in Illinois, US, an...

US-based ReverseLogix, known for its end-to-end returns management solutions, announced that it has been chosen by JEGS, an online retailer specializing in performance automotive parts, to enhance its customer returns experience and boost efficiency within its operations, according to a press release dated Sept. 24. The company said this collaboration marks a strategic move within the automotive aftermarket industry, which is known for its rapid pace and fluid nature, by recognizing the impor...

Altor Locks, a US-based firm recognized for manufacturing robust coupler locks, announced that it has entered into a strategic partnership with Automotive Accessories Marketing USA Inc. (The AAM Group), the largest distribution group in the Specialty Equipment Market Association (SEMA) marketplace, according to a press release dated Sept. 4. This collaboration was initiated after The AAM Group's members, which include leading automotive aftermarket distributors, were impressed by the resilien...

Continental has announced its plan to build its first fully owned tire distribution center in the US, located in the Dallas-Fort-Worth-Metroplex, aiming to enhance service levels and customer support, according to a press release dated Sept. 18. The facility's construction is slated to start in September, with the objective of commencing operations in 2026. Initially, the distribution center will occupy 753,000 square feet with a capacity to store over 800,000 tires, and it has the potential ...

Nexus Automotive International (Nexus), a Geneva-based alliance of independent car parts distributors, announced the opening of a new North American head office in Dallas to better meet regional expectations and enhance its supplier satisfaction, according to a press release dated Sept. 11. Nexus will place a strong focus on North America, Asia and Africa/Middle East regions in the coming months, with plans to attend key events such as AWDA/AAPEX, Automechanika Dubai and Shanghai. In addition...

Bridgeline Digital Inc., a US-based company known for its AI-powered marketing technology, has announced that its product HawkSearch will be utilized by a prominent national aftermarket automotive truck parts retailer to enhance product discovery on its e-commerce website, according to a press release dated Aug. 29. This integration is aimed at increasing sales through HawkSearch's AI-powered Smart Search feature, which significantly improves the accuracy and relevance of search results for c...

Meko (previously Mekonomen Group), an automotive spare-parts distributor based in Sweden, has announced that it is amplifying its sustainability efforts through a newly formed partnership with Worldfavor, a platform known for enabling access to transparent data, according to a press release dated Aug. 29. This collaboration is set to enhance the transparency and sustainability of Meko's supply chain, targeting the entirety of its supply base which encompasses both centrally managed suppliers ...

Rowe Auto Service, a parts supplier located in the US, recognized for its extensive product knowledge, professional service and wide-ranging inventory, has been acquired by Fisher Auto Parts, according to a report by Aftermarket Intel. This acquisition marks Fisher Auto Parts' third acquisition since its significant affiliation with Berrodin Parts Warehouse in October 2023. Furthermore, this purchase accompanies the opening of 32 new greenfield locations in the year to date, in addition to th...

US-based automotive parts distributor Genuine Parts Co. (GPC) announced the appointment of Jenn Hulett as executive vice president and chief people officer, effective Aug. 19, in a press release issued on the same date. Hulett's appointment follows the retirement announcement of Jim Neill, who has committed to continue in an advisory capacity until Sept. 30 to facilitate a smooth transition. In her new role, Hulett will oversee GPC's global human resources operations, contributing to the comp...

NexaMotion Group (NMG), a US-based company offering solutions to simplify complex vehicle repair, has announced the expansion of its general repair products at its Transtar Aftermarket Solutions location in Orlando, Fla., according to a press release dated Aug. 13. Transtar, with over three decades of presence in the Orlando market, has been known for supplying transmission and driveline parts to automotive repair facilities. With this new collaboration, customers in Orlando will now have acc...

LKQ Europe, a distributor of automotive aftermarket parts, services and solutions across Europe, has recently initiated a centralized workshop concept hub aimed at strengthening the collaboration among its 16 concept brands, according to a press release dated July 26. This move is designed to facilitate the sharing of best practices and resources among LKQ Europe's in-country workshop concept teams and the garages they collaborate with. The company said the ultimate goal is to foste...

Vast-Auto Distribution, a subsidiary of Groupe Del Vasto, a distributor and marketer of automotive parts in Eastern Canada and a shareholder of the Aftermarket Auto Parts Alliance, announced that it has expanded its presence in Newfoundland and Labrador by integrating three new stores into its Parts City Auto Parts chain, according to a press release dated Aug. 16. These stores, formerly operating under Browne's Auto Supplies, are strategically located in Mount Pearl, Newfoundland a...

US-based Aesop Auto Parts, a distributor of automotive parts and accessories founded in 2021 by affiliates of private equity firms Outerbound Capital and American Pacific Group, has announced the addition of Rob Wagman to its board of directors, according to a press release dated Aug. 12. Wagman brings over 30 years of experience in the automotive industry, including his tenure as president and CEO of LKQ Corp. from 2012 to 2017. During his leadership at LKQ, Wagman escalated the company's re...

Motorcar Parts of America (MPA), a US-based remanufacturer, manufacturer and distributor of automotive aftermarket parts, has reported an increase in net sales by 6.4%, reaching $169.9 million, and a gross profit increase of 9.8% to $29.2 million for the fiscal 2025 first-quarter ended June 30, 2024, according to a press release dated Aug. 8. Despite this growth, the company faced an unfavorable noncash $11.1 million foreign exchange loss, affecting its operating results. However, through cos...

Meko (previously Mekonomen Group), an automotive spare-parts distributor based in Sweden, has announced that it has successfully completed the acquisition of Elit Polska, a move that significantly enhances its footprint in the Polish automotive aftermarket, according to a press release dated Aug. 1. The acquisition was first announced on May 10, 2024, following an agreement with LKQ Corp., the previous owner of Elit Polska. The acquisition has propelled Meko to become the third-largest e...

Moog Louisville Warehouse, a distributor of automotive parts and supplies in the greater Louisville, Ky., and southern Indiana area, announced that it has officially joined Auto-Wares Group of Companies, an aftermarket automotive distribution company headquartered in Grand Rapids, Mich., according to a press release dated Aug. 5. This partnership represents a significant milestone for both organizations, aimed at capitalizing on their combined strengths for future growth and innovation. The t...

CarParts.com Inc., a US-based eCommerce provider of automotive parts and accessories, has reported results for the second quarter ended June 29, 2024, in a press release dated July 30.  The company reported a decrease in net sales by 18% to $144.3 million. Its gross profit stood at $48.4 million against $60.4 million. Notably, the period saw a substantial net loss of $8.7 million, or $0.15 per share, a significant drop from the previous year's net loss of $0.7 million, or $0.01...

Genuine Parts Co. (GPC), a US-based distributor of automotive and industrial replacement parts, has announced its financial results for the second quarter of 2024, ending June 30, according to a press release dated July 23. The company reported sales of $6.0 billion, marking a slight increase of 0.8% compared to the same period in the previous year. This rise in sales is attributed to a 2.2% benefit from acquisitions, despite a 0.9% decline in comparable sales and a 0.5% adverse impact from f...

CarParts.com Inc., an online provider of automotive parts and accessories, has announced the opening of its new state-of-the-art fulfillment center in Las Vegas, according to a press release dated July 24. The fully automated center integrates state-of-the-art AI capabilities to streamline operations, bolster safety measures, and extend availability of automotive parts and accessories, the company said. This facility is designed to significantly enhance the efficiency of handling both...

Meko (previously Mekonomen Group), an automotive spare-parts distributor based in Sweden, has announced that it is significantly enhancing its warehouse capabilities in Poland, a strategic move aimed at bolstering its market presence and facilitating ongoing growth, according to a press release dated July 19. The firm is relocating its central warehouse in Poland to a new facility, nearly double the size of the current one, located in the Warsaw region. The transition to a larger warehouse, s...

GSF Car Parts, a UK-based supplier of car parts to the independent aftermarket, announced the opening of new branches in East Manchester, UK, and Southeast London as part of their ongoing expansion efforts, according to a press release dated July 9 by the UK aftermarket industry body, the Independent Automotive Aftermarket Federation (IAAF). The new Openshaw branch in East Manchester, which covers an area of 4,000 square feet, marked a significant milestone by achieving record-breaking sales ...

Stellantis North America has inaugurated a new Mopar Parts Distribution Centre (PDC) in Brampton, Ontario, Canada, at an investment of C$25.1 million and is set to provide employment for over 170 individuals, according to a press release dated July 9. The PDC, encompassing 513,000 square feet, is designed to serve the Greater Toronto Area, Quebec, and Eastern Canada, housing nearly 55,000 parts and having the capacity to ship up to 2 million orders annually. According to the company, a not...

Diesel Technic UK, a supplier of automotive parts and accessories, has recently made several strategic appointments to its sales team, reflecting the company's ongoing commitment to expanding its customer base in the UK and enhancing support for partners and end-user fleets, according to a press release dated July 9. As part of the move, Luke Winship and Kevin Petrie have been appointed sales managers for the Central region and the North and Northern Ireland region, respectively. These appoin...

Meko (previously Mekonomen Group), an automotive spare parts distributor based in Sweden, has announced its expansion in Estonia through the acquisition of Automeister, a company that includes the established workshop concept Carstop with 14 facilities across the country, according to a press release dated July 8. The company said this move is aimed at increasing market shares and enhancing profitability in the Baltic region. Automeister, founded in 1993, has been operating the Carstop concep...

Highline Warren, a US-based supplier of consumable and maintenance products for the automotive aftermarket, has announced the opening of a new distribution center in Vacaville, Calif., later in 2024, according to a press release dated July 1. In preparation for this expansion, the company is actively hiring for various roles, including equipment operators and administrative clerical assistants, with plans to add operations supervisors, merchandise processors and additional clerical positions ...

The Yokohama Rubber Co. Ltd., based in Hiratsuka, Japan, has announced its plans to construct a new passenger car tire manufacturing facility in Qiantang New District, Hangzhou City, Zhejiang Province, mainland China. This initiative, with an initial annual production target of 9 million tires and a capital investment of approximately 36.7 billion yuan (about $227 million), is set to commence production in the second quarter of 2026, according to a press release dated July 1. This move c...

Forvia Hella has announced a plan to restructure lighting production at its main plant in Lippstadt, Germany, according to a company’s press release on June 26. As part of the plan, the company will focus exclusively on the production of high-margin, advanced headlamps at the plant and relocate production of other lighting systems to its other plants.  This decision is in response to evolving market conditions in Europe, characterized by reduced vehicle production, high costs, and chan...

Meko (previously Mekonomen Group), an automotive spare-parts distributor based in Sweden, announced that Michael Løve announced his resignation from the Board of Directors at MEKO to dedicate his efforts entirely to his position as CEO of the Danish energy company OK, according to a press release dated July 2. Løve, who joined MEKO's board in 2020 while also serving as OK's CEO, made this decision following the recent approval by Danish competition authorities of OK's significant investment...

LKQ Corporation has announced that it has successfully concluded negotiations with the trade union Verdi, securing a new collective bargaining agreement that will impact approximately 5,000 of its employees in Germany, according to a press release dated June 21. The agreement includes a specific focus on 730 employees stationed at the LKQ Sulzbach-Rosenberg distribution center. Scheduled to remain effective until April 30, 2026, this two-year agreement introduces a mandatory peace obligation,...

CarParts.com Inc., an online provider of automotive parts and accessories, has announced the launch of its first comprehensive brand marketing campaign in the company's over 25-year history, according to a press release dated June 27. The campaign — titled "Now That's My Speed"— will run across digital and social platforms this summer to enhance brand recognition, drive business growth and establish a competitive advantage in the growing auto parts aftermarket industry. The c...

Fisher Auto Parts, a US-based auto parts distribution network, has announced the opening of a Massachusetts, US, distribution center, according to a press release dated June 19. The company has purchased a 217,000-square-feet distribution center on 12 acres located at 2189 Westover Road in Chicopee, Massachusetts. Equipped with 32 loading docks, the new facility will become operational once it is fully outfitted with features to optimize efficiencies, including logistical and material-handlin...

GSP North America, a manufacturer and distributor in the automotive aftermarket, has announced the appointment of Evan Bauer as director of Key Accounts, according to a press release dated June 24. In this role, Bauer will be responsible for managing and growing key accounts in the retail segment for GSP's lines across North America. Bauer's experience as an aftermarket sales and product management leader brings a wealth of knowledge and expertise to the GSP team, the company said. "G...

ENEOS USA Inc., the US arm of Japanese oil and metals company ENEOS Corp., and Georgia, US-based Mighty Auto Parts have announced a new distribution partnership across the US and in Ontario, according to a press release dated June 10. As part of the partnership, Mighty will stock the ENEOS 0W-8 Motor Oil, ENEOS Import DPS Fluid and ENEOS ECO CVT Fluid. Mighty supports a nationwide network of franchises and company operations located in 44 states and serves more than 15,000 automotiv...

Lithia & Driveway (LAD), an automotive retailer in North America that also provides a suite of financing, leasing, repair and maintenance options, announced that it has expanded its footprint in the US southeast region with the purchase of Sunrise Chevrolet Buick GMC at Collierville and Sunrise Buick GMC at Wolfchase in Memphis, Tenn., and Woodbridge Hyundai in the Greater Toronto area, according to a press release dated June 11. Combined, these newly acquired stores are projected to generat...

Motorcar Parts of America (MPA), a US-based remanufacturer, manufacturer and distributor of automotive aftermarket parts, has announced that it plans to nominate F. Jack Liebau, Jr. for election to the company's board of directors at its 2024 annual shareholders meeting, according to a press release dated June 10. Liebau has nearly 40 years of experience investing in public companies for institutional asset managers such as Primecap Management Co., The Capital Group, Davis Funds and...

FIGIEFA, the Europe-based international federation of independent automotive aftermarket distributors, announced that it has elected a new board of directors during its General Assembly in Istanbul, according to a press release dated May 22. The board comprises professionals from national associations and automotive spare parts distribution companies across Europe. The newly appointed board members are Mads Engberg as president (representing AUTIG from Denmark), Bastian Müller as vice presid...

US-based retailer and distributor of aftermarket automotive parts and accessories, AutoZone, has reported net sales of $4.2 billion for its third quarter ended May 4, 2024, an increase of 3.5% from the third quarter of fiscal 2023, according to a press release dated May 21. For the quarter, net income stood at $651.7 million compared with $647.7 million in the same period last year, while diluted earnings per share increased 7.5% to $36.69. Commenting on the results, “I want to thank and...

NexaMotion Group, a US-based company offering solutions to simplify complex vehicle repair, has announced the opening of a new Transtar Industries distribution center in Tampa, Fla., according to a press release dated May 16. The new location, which opened on May 13, marks a significant step in the company's expansion strategy, the release added. With a spacious new facility spanning 40,000 square feet, Transtar is poised to offer an extended product catalog for foreign and domestic applicati...

LKQ Corp., a Chicago, US-based provider of alternative and specialty parts and services for automobiles and other vehicles, announced in a press release on May 10 that it has entered into a definitive agreement to sell Elit Polska, a Poland-based distributor of automotive parts, consumables and workshop equipment, to Meko. Meko (previously Mekonomen Group) is an automotive spare-parts distributor based in Sweden. The company operates across eight markets through its group brands FTZ, Inter-Te...

Genuine Parts Co. (GPC), a global distributor of automotive and industrial replacement parts, has announced that Paul Donahue will transition from chairman and CEO to executive chairman, effective June 3, according to a press release dated April 29. At that time, William Stengel, currently president and COO, will succeed Donahue as president and CEO of GPC and will serve as a member of the board of directors. "The board is confident that Will is the right person to lead GPC into the future an...

Genuine Parts Co., a global distributor of automotive and industrial replacement parts, has announced an acquisition for its US Automotive business, stating that effective April 30, the company acquired Motor Parts & Equipment Corp. (MPEC), according to a press release dated May 1. MPEC, founded in 1938, is based in Rockford, Ill. It is said to be the largest independent owner of NAPA Auto Parts stores in the US, operating 181 locations across Illinois, Indiana, Iowa, Michigan, Minne...

AllParts, a European cooperative of independent automotive wholesalers, has announced that it is expanding its portfolio of garage networks with the Car Service Partner concept, according to a press release dated April 25. This accessible concept, specially designed to provide support to independent garage owners, began on April 2. Car Service Partner is exclusively available through AllParts wholesalers and was developed in response to the increasing demand from independent garage owners for...

Berlin-based Autodoc SE, an auto parts e-commerce platform, has announced that global alternative asset manager Apollo has led a minority equity investment alongside leading institutional investors at a valuation of €2.3 billion, according to a press release dated May 3. As part of the transaction, two Apollo representatives will join the company’s supervisory board. The funding will support Autodoc’s expansion into the business-to-business sector while strengthening its position in the...

UK-based A1 Motor Stores, an automotive aftermarket buying and distribution group, has announced its partnership with Global One Automotive, an exclusive automotive alliance of trading groups, according to a press release dated April 26. Effective July 1, A1 Motor Stores will become a shareholder of Global One Automotive, marking a significant milestone in its growth strategy. The decision to join Global One Automotive aligns with A1 Motor Stores' commitment to enhance its presence and compet...

O’Reilly Automotive, Inc., a US-based retailer in the automotive aftermarket industry, has announced record revenue and earnings for its first quarter ended March 31, 2024, according to a press release dated Apr. 24. Sales for the first quarter increased $268 million, or 7%, to $3.98 billion from $3.71 billion for the same period one year ago. Operating income increased 5% to $752 million (or 18.9% of sales) from $717 million (or 19.3% of sales) for the same period one year ago. Net income ...

Auto Parts 4 Less Group Inc., a US-based e-commerce automotive parts firm, has announced that its revenue climbed from $48,573 in January 2024 to $102,409 in March 2024, up 111%, according to a press release dated Apr. 17. The company didn’t disclose further revenue details. Christopher Davenport, CEO and Founder of Auto Parts 4 Less Group Inc. stated, "This success is primarily driven through our LiftKits4Less.com platform, which we reactivated just five months ago. Additionally, while our...