PartsTech, a US-based business-to-business parts marketplace for the auto repair industry, announced that it has closed a Series C capital raise of $35 million, according to a press release dated May 18. The fundraising round was led by OpenView, a venture capital firm. Tim Keebler, partner at OpenView, stated, "Vehicles are staying on the road longer than ever before and shops are increasingly embracing digital solutions to improve the way they work. PartsTech drastically improves the w...

Charles Trent Ltd. (Charles Trent), a UK-based vehicle dismantler and largest used-parts seller on eBay, said demand is rising for secondhand car parts. They currently recycle more than 30,000 vehicles a year, processing 250,000 car parts which are sold worldwide, as reported on the BBC news website May 5. EBay said used car-part sales grew by 10% in 2022. Laura Richards, eBay's Vehicle Parts lead, said, "There is a shortage of parts in the market due to supply chain issues with Bre...

eBay has relaunched its "Certified Recycled Portal" with sales increasing by over 10% YOY 2021/2022, a claimed 3 million kg saved from landfill and 16,000 metric tons of CO2-avoided emissions in the UK, according to a May 3 press release on Vehicle Recyclers' Association (VRA). “With an increasing number of parts required and an ever-greater focus on the environmental impact of everything we do and buy, Certified Recycled parts available through eBay deliver cost savings of up to 70% c...

PARTS iD, a US-based e-commerce company for automotive parts, accessories and the aftermarket announced that board member Lev Peker has assumed the role of CEO, according to a press release dated April 26. As CEO of CarParts.com from January 2019 to April 2022, Peker oversaw a more than doubling of annual revenue, a nearly fourfold improvement in EBITDA and an increase in market capitalization of over 500%, according to the release, which added that Peker most recently served as CEO...

CarParts.com, a US-based e-commerce provider of automotive parts and accessories, has reported its results for the fourth quarter and fiscal year ending on 31 December 2022, according to a press release dated 7 March. Net sales in fiscal year 2022 were USD661.6 million, up 14% from USD582.4 million in fiscal year 2021.  Net loss during the year stood at USD1 million, compared to a net loss of USD10.3 million in fiscal year 2021, the release added. For the fourth quarter of 2022, ...

US-based Auto Parts 4Less Group has announced that AutoParts4Less.com, its multiseller marketplace of automotive parts in the US, has set a Gross Merchandise Value (GMV) sales record for the month of January 2023, surpassing the total of all GMV sales in the previous months, according to a press release dated 6 February. The company did not mention the record figure in its official announcement. The company had announced the launch of what it called the industry's first pure-play automotive p...

BORG Automotive, a Denmark-based automotive parts remanufacturer, has announced the launch of a customer portal that enables registered aftermarket customers to find up-to-date information on their orders, invoices, credits, pickup requests according to a press release dated 20 January. The company observed that as in many other industries, customers in the automotive aftermarket are also increasingly asking for online services from their suppliers. The launch of the customer portal, which fe...

AWE, a precision engineering firm based in Pennsylvania, US, has announced the launch of its new mobile and desktop friendly website, awe-tuning.com, in a bid to enhance its online presence, according to a press release dated 11 January. The company added that the new website uses AWE’s newly converted Aftermarket Catalog Exchange Standard (ACES) and Product Information Exchange Standard (PIES) data to ensure fitment compliance and easy importing for its dealer-partner network. ACES is the ...

CarParts.com, a US-based e-commerce provider of automotive parts and accessories, announced the promotion of Stephanie Urbach, current SVP of HR, to CHRO or chief human resources officer position, effective 9 January 2023. In her new role, Urbach will further CarParts.com's organizational transformation, with a focus on enhancing the overall employee experience, the release added. From a talent and recruitment perspective, she will be charged with building teams, developing essential skills a...

Mitchell 1, a US-based repair information solutions provider, has announced that the WHI Solutions Nexpart Multi-Seller online catalog is now available in the latest release of its Manager SE shop management system, according to a press release dated 19 December. The system is said to make it easier for parts buyers to search multiple suppliers in real time, allowing for faster purchasing decisions. WHI Solutions is an e-commerce catalog provider for the aftermarket, OEM, salvage, and heavy...

CarParts.com, a US-based e-commerce provider of automotive parts and accessories, announced the hiring of Michael Huffaker as Chief Operating Officer effective 5 December, according to a press release issued on the same date. The company said Huffaker brings with him “unparalleled e-commerce and brick-and-mortar expertise” having most recently served as Vice President, Category Leader, for Amazon Fresh Grocery. He possesses a history of step-change performance improvement in the busi...

US-based Auto Parts 4Less Group has announced the launch of what it calls the industry's first pure-play automotive parts-only marketplace, AutoParts4Less.com, with approximately 2 million parts listed from over 25 parts sellers, according to a press release dated 2 November. The launch of the e-commerce automotive parts website follows the recent announcement of the company’s integrations with e-commerce solutions platforms ChannelAdvisor, Adobe Commerce, and SureDone. The Company expects ...

Germany-based aftermarket e-commerce software firm Speed4Trade has announced a collaboration with companies Anyline, Bertsch Innovation, and Performance One for its digital projects, according to a press release dated 26 October. The solutions brought by its partners are claimed to complement Speed4Trade’s shop, platform and middleware solution in terms of data quality, efficient processes and visibility on the web, the release added. The new partner Anyline specializes in mobile text ...

US-based Auto Parts 4Less Group, owner of AutoParts4Less.com, an automotive-parts-only marketplace, has announced that they have completed their technical integration with ChannelAdvisor, a provider of cloud-based eCommerce solutions, according to a press release dated 3 October. ChannelAdvisor provides automotive parts sellers with a solution to manage product data across multiple marketplaces. Their solution helps eliminate the tedious process of uploading descriptions and requirements of a...

German automotive replacement parts company, VIEROL, has relaunched its online portal vierol-shop.de, a customer-oriented purchasing platform, in its latest step towards digital transformation, according to a press release dated 5 October. The portal is said to have a variety of new functions and improvements in usability and the company claims interested customers will find it easy to search and shop on the site. The visible new functions in the frontend include the more search engine-friend...

German carmaker Mercedes-Benz has said that the global trade in its counterfeit products continues to increase; in 2021 alone, more than 1.86 million counterfeit products were seized in over 650 raids, according to a press release dated 4 August. The company said trading of its counterfeits rose around 6% compared to 2020. The carmaker said its brand protection team focuses on safety-related counterfeits and is taking rigorous action against such products. Its measures focus on components suc...

Global ecommerce giant, eBay, has announced the acquisition of myFitment group of companies, via a press release dated 23 August. myFitment offers software tools to sellers of automotive and powersports parts and accessories and support the sellers thrive and avoid returns.  eBay has listed more than half a billion parts and accessories globally, ranging from brand new replacement parts to the vintage and hard to find parts. According to the company, in order to elevate th...

DENSO Aftermarket, the aftermarket arm of Japan-based DENSO Corporation, has announced that it has expanded its social media presence, a release dated 11 August read. The decision has been made reflecting the global reach of social media and the importance of this form of mass communication. “Traditionally, our social media activity through Facebook and Twitter has been a country-specific project,” explains Fatiha Laauich, DENSO Europe's Pan European strategic marketing manager....

The UK aftermarket industry body Independent Automotive Aftermarket Federation (IAAF) has announced that it has added Garage Services Online, a website provider that which works exclusively within the independent garage sector, as its member, according to a press release by IAAF dated 10 June. According to the release, Garage Services Online is known for designing and developing websites that boost a garage’s business. Its team is said to understand the independent garage sector as well as ...

Dana Inc, the Ohio-based global supplier of drivetrain and propulsion systems as well as aftermarket solutions, has announced that it has made its Victor Reinz branded Reinzosil room-temperature vulcanizing (RTV) silicone available for ordering at DanaProParts.com, its new e-commerce site, according to a press release dated 25 April. Resistant to fluids, including mineral oils and synthetic oils, lubricants, gasoline, diesel oil, greases, water, and detergents, the Reinzosil sealant is claime...

US-based automotive component supplier Dana Incorporated recently outlined the capabilities of Dana Aftermarket’s e-commerce platform through a two-day event with a goal to provide a solid understanding of digital transformation and e-commerce trends, as well as a vision and framework for growth of Dana’s digital business channels, according to a press release dated 12 April. More than 60 global Dana Aftermarket employees participated in the workshop, which had topics that included macro ...

US-based parts procurement marketplace PartsTrader that claims to bring together repair shops, parts suppliers, and insurance carriers on one market-driven platform, has, via a press release dated 12 April, announced a partnership with LKQ North America to provide access to LKQ North America’s broad range of alternative parts and services via SurePart, its new parts pricing platform. Rather than relying on outdated catalog pricing, SurePart is claimed to use actual market pricing ...

Schrader, a brand of Sensata Technologies, and a global manufacturer of tire pressure monitoring systems (TPMS) for automotive, heavy vehicles and off-road vehicles, has announced a partnership with OptiCat, a US-based global aftermarket data solutions for suppliers, data receivers and technology providers, according to a press release dated 1 March. Sensata Technologies is a US-based supplier of sensors and sensor-equipped solutions to the automotive industry. As part of the partnership, Sch...

Bosch, a provider of technology and services in the mobility ecosystem, has acquired a minority stake of 26% in Autozilla Solutions Private Limited to participate in a digital B2B-marketplace for the independent aftermarket (IAM) in India, according to a press release dated 23 February. This transaction is aimed at strengthening Bosch’s market pull through its Bosch Car Service outlets and through the independent garages that are enrolled under the “Extra” Loyalty Program. The collaboratio...

Dana Inc, the US-based global supplier of drivetrain and propulsion systems as well as aftermarket solutions has announced that it has streamlined aftermarket driveshaft ordering with a smart part numbering system for its Spicer ReadyShaft program, according to a press release dated 15 February. With more than 10,000 part numbers for heavy-duty commercial vehicles, Dana’s Spicer ReadyShaft program is said to provide next-day shipping of ready-to-install, premium-quality Spicer driveshafts. ...

Dana Inc, the US-based global supplier of drivetrain and propulsion systems as well as aftermarket solutions has expanded global access to its DanaAftermarket.com e-commerce platform, which it says will make order management easier and more efficient for customers worldwide, according to a press release dated 1 February. The e-commerce platform and global e-catalog provides Dana customers with real-time order management, with up-to-the-minute data related to inventory, processing, and shippin...

German aftermarket electronics firm and spare parts distributor HELLA has announced that it has launched a new, completely revised online catalogue, according to a press release dated 3 February. The new online catalogue covers the complete HELLA aftermarket parts program and provides workshops and wholesalers with a central research platform. The catalogue portfolio is updated daily and has an intuitive search with sophisticated filter functions that leads to the right product with just a fe...

The UK arm of Swedish carmaker Volvo has launched an online platform for the sale of approved used cars. Called Volvo Cars Selekt Direct, the service allows consumers to search for, select and pay for a used Volvo in a full, end-to-end online service, according to a press release dated 7 February. Designed for ease, speed, and pricing transparency, the platform can be accessed using a computer, tablet or smartphone. This move is part of Volvo’s consumer-focused transition efforts in providi...

US-based supplier of commercial vehicle braking and safety systems, Bendix Commercial Vehicle Systems, has announced that it has enhanced its e-commerce platform B2Bendix.com to help customers and partners provide the right parts quickly and easily, according to a press release dated 24 January. Bendix develops and manufactures active safety, air management, and braking system technologies for commercial vehicles. Its e-commerce platform is said to feature high-resolution, 360-degree vie...

US-based 4less Group announced that they have completed the integration of e-commerce software SureDone’s e-commerce management solution with its online marketplace dedicated to automotive parts called Autoparts4less.com, according to a press release dated 13 January. The Group also owns LiftKits4less.com, an ecommerce aftermarket auto parts site. This integration will enable SureDone’s extensive network of parts sellers to seamlessly push their products onto the AP4Less platform while in...

CarParts.com, a US-based e-commerce provider of automotive parts and accessories, has revealed preliminary 2021 results for the fourth quarter and fiscal year ended 1 January 2022 in light of recent market volatility, according to a press release dated 6 January. The company says it expects to report fiscal year 2021 revenue of approximately USD582 million, up 31% year-on-year. The fourth quarter ending 1 January 2022 included 13 weeks versus 14 weeks in the fourth quarter ended 2 Januar...

US carmaker General Motors has announced that it is launching a new online parts marketplace, making its catalog of 45,000 repair and maintenance parts more convenient for Chevrolet, GMC, Buick, and Cadillac owners, according to a press release dated 18 January. The newly available parts catalog includes oil filters, engine and cabin air filters, batteries, brake pads, accessory belts, cooling hoses and windshield wiper blades, among other parts, the release added. GM says this move builds on...

Ford Motor Company has signed a five-year agreement with Stripe to scale its e-commerce business, the automaker said in a press release on 17 January. Stripe and Ford will grow the online payments infrastructure, serving customers and dealers in the North American and European markets. “As part of the Ford+ plan for growth and value creation, we are making strategic decisions about where to bring in providers with robust expertise and where to build the differentiated, always-on experiences...

CARid.com, a digital commerce platform for the automotive aftermarket owned and operated by PARTS iD announced the launch of an electric vehicle (EV) Specialty Shop on its website, according to a press release dated 30 November.  This specialty shop includes EV-specific accessories such as charging equipment, mechanical repair, maintenance and electrical parts as well as popular accessories in vehicle customization categories such as body kits, performance suspension systems, and cu...

RevolutionParts, a US-based e-commerce solution provider for sales of OEM parts and accessories and retailer Walmart have entered into an agreement to bring OEM automotive parts to the Walmart online marketplace, according to a company statement dated 29 October. As part of the tie-up, Walmart will build pages dedicated to OEM parts, making the parts easier to find, according to the release, which added that customers will be able to search for parts based on the make, model and year of their...

Bapcor has developed a new e-commerce solution for its customers in New Zealand in an effort to enhance their part selection and buying experience. According to the company’s press release on 19 February 2021, Bapcor’s new e-commerce solution, which includes products from its BNT, Autolign, and Diesel Distributors businesses, will support complete online cataloguing, thus easing the online ordering process for its users. Customers will be able to access current and historical invoicing st...