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    Bosch expands workshop range with replacement parts for A/C systems
    German automotive supplier Bosch said that it is expanding its workshop offering with A/C components to cover the repair needs of A/C systems, according to a press release dated Feb. 6. The company has so far offered fully automatic A/C service units and accessories for the maintenance of A/C systems in vehicles. With A/C compressors and condensers for vehicles from most European manufacturers, the new range of replacement parts initially includes two key wear parts for the A/C system. In the...
    Forvia Hella elevates Philippe Vienney as new CFO
    German automotive supplier Hella, which operates under the umbrella brand Forvia, announced that it has appointed Philippe Vienney as CFO of Forvia Hella and appointed him as a new member of the management board in this function, according to a press release dated Feb. 7. Vienney will take up the post on March 1. He will take over as CFO from Bernard Schäferbarthold, CEO at Forvia Hella, who is acting CFO until Vienney takes office. Economist Vienney has been with Forvia, the world's se...
    Stellantis-owned Eurorepar launches its new Reliance AllSeason tire
    Eurorepar, the Stellantis Group’s multibrand range of automobile products (spare parts, accessories, tires, oils, consumables, etc.), announced that it has launched an all-weather, all-season tire called the Reliance AllSeason, according to a press release dated Feb. 5. The tire is designed to fit most models on the market and suits almost all conditions, the release added. The tire has an asymmetrical design that offers a smooth ride in the rain, with wide grooves to expel water and reduce...
    US-based Clarience Technologies acquires Safe Fleet to expand safety technology portfolio
    Clarience Technologies, a US-based provider of visibility and safety technology solutions for transportation, announced that it has acquired Safe Fleet, a company involved in safety solutions for fleet vehicles, according to a press release dated Feb. 15. “Clarience Technologies and Safe Fleet share a common mission of making transportation safer and smarter through technology. The acquisition of Safe Fleet provides our company with critical technologies, deep vocational segment expertise a...
    US-based Galleher Industries acquires replacement truck body-parts maker Fleet Parts & Services
    US-based Galleher Industries has announced the acquisition of Fleet Parts & Service Inc. as part of its efforts to broaden its national network and product portfolio to support truck body and trailer original equipment manufacturers, and fleet operators, according to a press release dated Feb. 15. Founded in 1937, Galleher manufactures and distributes lumber and fabricated metal components to truck body and trailer OEMs. Galleher is backed by Boyne Capital Partners, a Florida, US-based pr...
    Dorman outlines new light- and heavy-duty aftermarket parts
    Dorman Products, a US-based aftermarket supplier of original equipment (OE) dealer-exclusive parts, announced that it has released more than 200 new motor vehicle and heavy-duty truck repair solutions in February alone, according to a press release dated Feb. 15. The new products represent millions of new sales opportunities for automotive and heavy-duty parts distributors, retailers and repair shops, reinforcing Dorman’s position as the premier go-to source for technicians and dedicated DIYer...
    Borg Automotive opens new headquarters in Denmark
    Borg Automotive, a Denmark-based automotive parts remanufacturer, announced that since the start of 2024, the Danish headquarters of the company have been located at a new address, according to a press release dated Feb. 14. Following a construction period of about a year, the company moved into a new, modern building at Funder Dalgårdsvej 12, Silkeborg, Denmark. The company aims to produce 100% of the energy required to operate the building on its own using solar panels. The company believe...
    Italian automotive body ANFIA says 2023 spare parts turnover up 11.58% YOY
    Italy-based National Association of the Automotive Industry Supply Chain (ANFIA) has announced that its Aftermarket Barometer, a statistical survey within the ANFIA Components Group, has revealed that the aftermarket turnover of the association’s group companies grew 11.58% in 2023 compared to 2022, according to a press release dated Feb. 16, 2024. In 2022, the aftermarket turnover was up by 7.8% compared to 2021. The aftermarket turnover is considered as the turnover of component manufacturer...
    Philips launches GoPure GP5611 automotive air purifier
    Philips has launched the GoPure GP5611, an advanced automotive air purifier that fits in most vehicle cup holders, according to a press release dated Feb. 12. The device is USB powered and said to be "whisper-quiet." It filters the cabin air with three technologies: A Philips SaniFilter Plus filter, a HESAMax filtration cartridge and a powerful UVC light. The SaniFilter Plus filter captures bacteria and respiratory viruses, as well as airborne allergens including pollen, dust mites, m...
    BBB Industries appoints new leaders for Undercar and Solar System divisions
    US-based automotive aftermarket supplier and remanufacturer BBB Industries has announced two strategic leadership changes, according to a press release dated Feb. 12. John Boyer has been appointed president of the company's Undercar division, after serving as president of Terrepower, the innovative Solar System and Electric Vehicle Battery Life-cycle Management division. The company believes Boyer’s product and market insights, and hands-on approach are ideally suited to lead BBB’s Underc...
    Ionna receives approval from regulatory authorities, begins charging services in North America
    Ionna, the joint venture formed by seven leading carmakers such as BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis to focus on building one of the largest fast charging networks across North America last year, has finally received the necessary approvals from the regulatory authorities to commence operations, the charge point operator announced Feb. 9. It can be recalled that in July 2023, the said seven carmakers came together to set up a countrywide EV charging networ...
    DENSO expands aftermarket alternator and starter references range
    DENSO, a supplier of original equipment sensors to vehicle manufacturers worldwide, has announced that it has introduced additional alternator and starter references to its aftermarket range, according to a press release dated Feb. 7. These additions are solely for passenger car applications, with three alternators and fourteen starters, catering for references linked to 242 OE part numbers, covering 2,219 models and almost 63 million vehicles, the majority of which are for European manufactu...
    Valvoline opens its 1000th franchise location
    Valvoline, a US-based supplier of lubricants and automotive services, has announced the opening of its 1000th franchise-operated location under its Valvoline Instant Oil Change and Great Canadian Oil Change brands, according to a press release dated Feb. 8. The new 1000th franchise store is a Valvoline Instant Oil Change location operated by Quality Automotive Services, LLC (QAS), one of Valvoline's largest franchise partners. Commenting on the move, Valvoline President and CEO Lori Flees sai...
    Motorcar Parts of America expands Quality-Built brake-related product part numbers
    Motorcar Parts of America (MPA), a US-based remanufacturer, manufacturer and distributor of automotive aftermarket parts has announced that it has introduced expanded product coverage for its Quality-Built-branded brake pad and brake rotor program, with more than 20 new part numbers covering an additional 7 million vehicles in operation, according to a press release dated Feb. 12. The new part numbers are offered through QB, Quality-Built and Quality-Built Black Series brands powered by MPA, ...
    TMD Friction-owned Bendix enters the Polish aftermarket
    Braking specialist TMD Friction has announced that it is expanding its European offering by introducing its braking brand Bendix in Poland to better serve the global automotive aftermarket, according to a press release dated Feb 12. Hart Sp. z o.o. will serve as the exclusive distributor of Bendix brake system parts in Poland. With this move, the company now offers Bendix in 17 countries in Europe, the Middle East and Africa. The Bendix product range includes brake pads, brake shoes and brake...
    Webasto divests its EV charging business to focus on core business areas
    German automotive component supplier Webasto announced on February 9 that Los Angeles – headquartered Transom Capital Group will acquire a majority stake in its EV charging solutions business, as part of Webasto’s divestment plan to focus on its core business areas. That said, Webasto said that it, however, plans to remain a minority shareholder in the EV charging business solutions division. The two companies signed a corresponding purchase agreement on February 7, 2024, Webasto said ...
    DENSO expands aftermarket thermostat offering for Europe
    DENSO, a leading supplier of original equipment sensors to vehicle manufacturers worldwide, has introduced a comprehensive range of thermostats designed to meet the needs of the European aftermarket, according to a press release dated Feb. 7. The range includes 302 part numbers, covering 80% of the European car parc, and is claimed to be manufactured to strict original equipment specifications. The thermostats are available in four types, including conventional, insert, housing and MAP contro...
    O’Reilly Automotive reports Q4 2023 sales at $3.83 billion, up 5% YOY
    O’Reilly Automotive, a US-based automotive aftermarket parts retailer, has announced record revenue and earnings for its fourth quarter and full year (ended Dec. 31, 2023), according to a press release dated Feb. 7. The results represent 31 consecutive years of comparable store sales growth and record revenue and operating income for O’Reilly since becoming a public company in April 1993, the release added.  Sales for the fourth quarter (ended Dec. 31, 2023), increased $188 million, ...
    Motorcar Parts of America reported Q3 FY 2024 net sales at $171.9 million up 13.2% YOY
    Motorcar Parts of America, a remanufacturer, manufacturer and distributor of automotive aftermarket parts, announced that it has reported results for the third quarter of fiscal year 2024 and nine-months ended Dec. 31, 2023. The performance represented a strong increase in net sales, operating income and cash flow from operating activities, according to a press release dated Feb. 9.  Net sales for the third quarter increased 13.2% to $171.9 million from $151.8 million in the prior year. ...
    Standard Motor Products expands its emission control program
    Standard Motor Products Inc., a US-based aftermarket supplier of replacement parts, has announced that it has expanded its comprehensive Emission Control program, according to a press release dated Feb. 7. The program includes evaporative emission control (EVAP), exhaust gas recirculation (EGR), and positive crankcase ventilation emission control systems. With more than 3,500 part numbers, Standard says it offers the most complete program in the industry, with everything needed for a complete re...
    Mobivia appoints Romain Sartorius as chairman and CEO
    French mobility group Mobivia has announced that a new board of directors for the company, which includes 11 brands and around 20 start-ups, was elected during the annual General Meeting that was held on Jan. 27, according to a press release dated Feb. 2. The new board has appointed Romain Sartorius, grandson of Norauto founder Eric Derville, as chairman and CEO of Mobivia for the next four years.  Sartorius succeeds Fabien Derville, son of Eric Derville and chairman and CEO of Mobivia f...
    MAN expands logistics centre in Salzgitter, Germany
    MAN Truck & Bus is expanding its global logistics center in Salzgitter, Germany, to accommodate the growing demand for components for electric vehicles, including batteries and battery parts, according to a press release dated Feb. 1. The expansion will increase the center's size by 25% to about 230,000 square meters, with a new building covering 52,650 square meters. The center will have a capacity for up to 40,000 parts and will be completed by the end of 2024, with operations scheduled...
    India’s Lumax Auto Technologies’ aftermarket division partners with Bluechem Group
    Lumax Auto Technologies Ltd. (LATL), an India-based tier 1 diversified automotive systems and components manufacturer, through its Aftermarket Division has entered into a strategic partnership with Bluechem Group of Germany, a firm involved in automotive car care solutions, according to a press release dated Feb. 1. LATL is a listed company under the Lumax-DK Jain Group. The Bluechem Group, based in Germany, is a company involved in automotive maintenance, care products and services. They ope...
    Dorman releases fifth edition of its OE Fix Guide
    Dorman Products (Dorman), a US-based aftermarket supplier of original equipment (OE) dealer-exclusive parts, has announced the release of the OE Fix Guide Vol. 5, its award-winning publication highlighting its most innovative automotive repair solutions designed to help mechanics make faster, longer-lasting repairs, according to a press release dated Feb. 5. The company said this year’s 32-page magazine builds on Dorman’s successful previous editions, which have won awards from the Conten...
    Automechanika New Delhi: ZF Aftermarket showcases product range
    ZF Aftermarket has announced that it is continuing its expansion in India, and the country has become a hub for its brand TRW's shock absorber manufacturing expertise through its manufacturing facility in the region, according to a press release dated Feb. 1. The company, which has introduced TRW shock absorbers, brake pads and brake discs, in line with its "Make in India" for India commitment, said it is now focused on fortifying its TRW shock absorber manufacturing capabilities in India w...
    ZF unveils smart seatbelt technology
    ZF Passive Safety Systems has developed a new seatbelt system that can adapt to the size and weight of vehicle occupants in the event of an accident, it said in a press release dated Jan. 30. The core of the technology is called Multi-Stage Load Limiter (MSLL), which is responsible for the individual system adjustment. This technology allows for more flexibility in belt forces, reducing the consequences of accidents for all occupants. The approach of this technology lies in the individual con...
    Continental inaugurates automated warehouse at Czech tire plant
    Continental has opened a fully automated high-bay warehouse at its tire production plant in Otrokovice, Czech Republic, according to a press release on Jan. 30. It has a storage capacity of more than 930,000 tires. With the facility, the premium tire manufacturer is centralizing its warehouses in the area of Otrokovice. As a result, Continental’s logistics processes could be further optimized while lowering CO2 emissions of its operations. The new warehouse is 43 meters high — which ...
    Denso expands aftermarket offerings with replacement sensors and support materials for workshops and wholesalers
    Denso, a leading supplier of original equipment (OE) sensors to vehicle manufacturers worldwide, has expanded its aftermarket range to include replacement sensors and support materials for workshops and wholesalers. The company has released two new technical leaflets, one for exhaust gas temperature sensors (EGTS) and another for mass airflow (MAF) sensors, which provide detailed information on the technical aspects of these sensors, their design features, and how to select and install them corr...
    Dorman Products expands motor vehicle parts offerings with 325 new releases
    Dorman Products Inc. has announced 325 new motor vehicle parts for January 2024, representing millions of sales opportunities for distributors, retailers and repair shops, according to a company press release dated Jan. 22. The new releases include an innovative Dorman OE Fix transmission oil cooler bypass valve designed to optimize cooler and transmission performance, and provide a more permanent repair. The aftermarket-exclusive product provides coverage for approximately 1.5...
    ZF Aftermarket expands portfolio to support e-mobility transformation
    ZF Aftermarket, a division of ZF Friedrichshafen AG, announced the expansion of its portfolio of products and services to support its customers in their transformation journey, a company press release said Jan. 18. The company had recently launched a new range of repair solutions for electric drivelines, including Electric Axle Drive Repair Kits, and has doubled its range of E-Fluids for hybrid and electric vehicles in Europe. The new E-Fluids, ZF Lifeguard Hybrid 3 and 4, and ZF Lifegua...
    ZF Aftermarket expands [pro]Academy training platform
    With an aim to demonstrate its capabilities as a full systems aftermarket provider, ZF Aftermarket is expanding its training offerings for technicians in commercial vehicle fleets, distributors and independent aftermarket service shops in North America, according to a press release dated Jan. 22. The company showcased its product portfolio, digital solutions and services for commercial vehicles, alongside its ZF [pro]Academy training offerings, at Heavy Duty Aftermarket Week (HDAW) 2024, held...
    India’s automotive aftermarket expected to grow to $14 billion by 2028
    Ahead of the 5th ACMA Automechanika New Delhi, the Automotive Component Manufacturers Association of India (ACMA), the apex body of the Indian auto component industry, has revealed that the size of the Indian automotive aftermarket is expected to grow from $10 billion in 2023 to an estimated $14 billion by 2028, according to a press release dated Jan. 29. The data was quoted from the Global Automotive Aftermarket Research Report co-authored by the industry body. The study focuses on seven pro...
    Valeo says it remains the French company filing the most patents worldwide
    Valeo announced that it has ranked first once again among French patent applicants worldwide, with 1,218 patents published in one year, according to the ranking published by the Institut National de la Propriété Intellectuelle (INPI), which lists the first filings published with the world’s main patent offices, according to a press release dated Jan. 23. Valeo said its innovations are protected by a portfolio of almost 28,000 patents worldwide. Of the 1,218 patents published, 44% were in ...
    Thyssenkrupp Materials de México inaugurates new service center
    Thyssenkrupp Materials de México announced that it has inaugurated its new service center in San Luis Potosí, Mexico, on Jan. 25, according to a press release dated Jan. 26. In total, the holding company Thyssenkrupp Materials Services, a mill-independent materials distribution and service provider, invested $37 million that will lead to the creation of about 65 new jobs. One of the main objectives of this site is to have a decisive impact on the future viability of the automobile supply indus...
    UK government maintains current MOT test frequency
    The UK government has agreed to maintain the current Ministry of Transport (MOT) test frequency following a consultation that explored extending the first test from three to four years, according to a press release by the UK aftermarket industry body Independent Automotive Aftermarket Federation (IAAF) dated Jan. 25. Mark Field, IAAF chief executive, said, “Plans to extend the first test from three to four years have been met with the full power of the entire automotive industry including m...
    Schaeffler acquires additional stake of 9% in Vitesco
    Schaeffler AG announced that it has entered into an agreement with BofA Securities Europe SA to acquire a stake of 3.6 million shares in Vitesco Technologies Group AG, according to a press release dated Jan. 23. This corresponds to a total stake of approximately 9.00% in Vitesco. BofA Securities Europe SA had acquired the shares in the market in connection with the Total Return Swap following Schaeffler's announcement of the public tender offer. The price of the additional shares acquired is ...
    Bileko Car Parts partners with life-cycle management solution provider Syncron
    Syncron, a firm involved in intelligent service life-cycle management solutions, has announced its partnership with Bileko Car Parts AB, a Swedish aftermarket automotive parts distributor and wholesaler, according to a press release dated Jan. 16. Bileko Car Parts has selected Syncron Inventory to optimize parts availability and streamline inventory management throughout its vast network. Syncron Inventory is an essential component of the Syncron Connected Service Experience (CSX) Cloud, an A...
    US-based Patrick Industries acquires powersport supplier Sportech
    Patrick Industries Inc., a component solutions provider for the Outdoor Enthusiast and Housing markets, announced that it has signed a definitive agreement to acquire Sportech for approximately $315 million, according to a press release dated Jan. 11. The transaction is expected to close on or before Jan. 24, and is subject to customary closing conditions and regulatory approval. Sportech, based in Elk River, Minn., is a designer and manufacturer of high-value, complex component solutions to ...
    Nima Energy accelerates rollout of EV charging sites in Sweden
    Nima Energy plans to accelerate the rollout of its electric vehicle chargers in Sweden. In a press note on Jan. 22, the company said that it is currently setting up 150 ultrafast-charging points from Stockholm to Skåne, Sweden, including 50 charging points in central Stockholm. In December 2023, the company had opened three new charging sites with a total of 24 charging points in Skillingaryd, Sweden, along the E4; in Håby, Sweden, along the E6; and in Vä, Sweden, along the E22. Th...
    Holley names Philip Dobbs as senior vice president of Customer Experience Marketing
    Holley Inc., a US-based automotive aftermarket performance solutions firm, has announced that Philip Dobbs has joined the organization as senior vice president of Customer Experience Marketing, according to a press release dated Jan. 18. Dobbs has taken on a newly created role focused on providing the best possible brand, product and service engagements across the company’s business-to-business and business-to-consumer (B2C) touchpoints. “Philip is a dynamic marketing leader wit...
    ZF Aftermarket introduced over 770 new parts in 2023
    ZF Aftermarket announced that it has launched more than 770 new products for passenger cars in 2023 for an additional 158.2 million vehicles in operation. In a press release dated Jan. 16, the company said it is delivering a broad range of aftermarket product and services that draw on the strengths of ZF Group’s leading original equipment (OE) technologies to support internal combustion, hybrid, fully electric and semi-automated vehicles. ZF products include some longstanding brands includi...
    Dover acquires Canadian car wash chemicals provider Transchem group
    Dover announced that it has completed the acquisition of Transchem Group, one of the largest suppliers of car wash chemistry and associated solutions in North America, according to a press release dated Jan. 17. Transchem is now part of OPW's Vehicle Wash Solutions business (OPW VWS) within Dover's Clean Energy & Fueling segment. Dover is a diversified global manufacturer and solutions provider offering equipment and components, consumable supplies, aftermarket parts, software, and d...
    Tenneco’s Öhlins Racing appoints senior executives
    Tenneco has announced the appointment of Marc McAllister as Öhlins Racing’s new vice president and general manager, and Tom Wittenschlaeger to the newly created position of general manager, North America, according to a press release dated Jan. 17. McAllister replaces Henrik Johansson, who announced in 2023 that he would retire after nearly 30 years as a member of the Öhlins team. Both McAllister and Wittenschlaeger will be charged with capturing opportunities for growth for the European ...
    Italy's Metelli Group appoints Fabrizio Sanna as general manager
    Metelli Group, an Italy-based automobile parts manufacturer, has announced the appointment of Fabrizio Sanna as its new general manager, according to a press release dated Jan. 17.  The company said that Sanna will be part of the Metelli SpA management team as general manager with effect from Jan. 1. Sanna has proven long-lasting experience in automotive multinational manufacturer companies holding top management positions and worldwide experience in leading strategy roles, acc...
    ZF debuts driver assistance technologies on Nikola hydrogen fuel-cell electric truck
    ZF and Nikola Corp. have announced that ZF’s OnGuardMAX and OnSideALERT will be on Nikola’s hydrogen fuel-cell electric truck, which is in production and being delivered to customers, according to a press release dated Jan. 17. This is the first application of these driver assistance technologies on a commercial vehicle produced for the North American market. “We’re pleased to partner with Nikola to integrate these critical safety technologies into their new zero-emission truck and in...
    Delphi expands braking range in the UK
    Delphi has unveiled its latest first-to-market braking releases in the UK, with parts now available for several new Nissan, Renault and Fiat models, according to a release dated Jan. 8 from the UK aftermarket industry body Independent Automotive Aftermarket Federation (IAAF). Brake drums and shoes, once a staple in automotive braking systems, are seeing a comeback in some vehicle segments and feature heavily in Delphi’s latest rollout. “Brake drums had largely taken a back seat in favo...
    Mann+Hummel appoints new head of Air Filtration business
    German components supplier and filtration expert Mann+Hummel has announced that as of April 1, Mann+Hummel has appointed Henk in ’t Hof as president Life Sciences & Environment (LS&E), according to a press release dated Jan. 3. In his role, in ‘t Hof will be responsible for Mann+Hummel’s global Air Filtration and Water Membrane Solutions business. He will report directly to Kurk Wilks, president and CEO of the Mann+Hummel Group. Dutch-born in ‘t Hof has gained over 30 years...
    Valeo introduces core deposit scheme for Reman CV Clutch Kits in Europe
    Valeo, a French automotive supplier, has introduced a core deposit scheme for Reman CV Clutch Kits in Europe, effective from Jan. 1, according to a press release dated Jan. 14. The scheme aims to recover as many clutch kit cores from the market to fuel Valeo's remanufacturing production lines, contributing to the circular economy and decarbonization of the transport sector. The scheme is part of Valeo's wider goal of accelerating the circular economy and consuming as few new raw materials as pos...
    Hella appoints Marcel Wiedmann to manage global spare parts and workshop business
    Hella, an international automotive supplier operating under the Forvia umbrella brand, has announced that Marcel Wiedmann has taken over the management of the global spare parts and workshop business at Hella with effect from Jan. 1, according to a press release dated Jan. 15. In his role, Wiedmann reports to Stefan van Dalen, who, as a member of the Hella management board, is responsible for the Lifecycle Solutions Business Group and was previously head of the Spare Parts and Workshop b...
    SiriusXM Connect launches ACN+ safety technology for automakers across North America
    SiriusXM Connected Vehicle Services Inc. (SiriusXM Connect), a subsidiary of SiriusXM Holdings Inc. and a provider of connected products and services to vehicle manufacturers, has announced an expansion of its Advanced Automatic Crash Notification (ACN+) safety technology in partnership with RapidSOS, an intelligent safety company, according to a press release dated Jan. 11. ACN+ powered by RapidSOS provides emergency response by digitally delivering critical incident and vehicle crash data t...
    MEMA appoints new senior vice president of Government Affairs
    The Motor & Equipment Manufacturers Association (MEMA) Aftermarket Suppliers, an association in North America representing motor-vehicle component manufacturers, has announced that Ana Meuwissen will be joining the MEMA Advocacy team as the senior vice president of Government Affairs, according to a press release dated Jan. 12. The move follows the retirement of Ann Wilson, who has been an integral part of MEMA for over 20 years, at the end of 2024. "Her remarkable journey with ...
    Porsche, Blink Charging partner to install five advanced EV chargers in El Salvador
    Blink Charging, a provider of electric vehicle charging solutions, has partnered with Grupo Q, Porsche's official dealer in El Salvador, to install five advanced EV charging stations in select locations throughout the country, according to a press release dated Jan. 10. The chargers, which will be publicly accessible to all EV drivers, are part of Porsche's Destination Charging Program and are strategically placed at high-demand locations such as hotels, restaurants, golf clubs, retail shops and...
    Napa Truck launches aftermarket exhaust temperature sensors
    Commercial vehicle aftermarket manufacturer Napa Truck has released its new range of exhaust temperature sensors for commercial vehicles, according to a press release by UK aftermarket industry body, the Independent Automotive Aftermarket Federation (IAAF), dated Jan. 9. Exhaust temperature sensors are a vital component of a vehicle’s exhaust system, maintaining optimal temperatures and keeping emissions low. Napa Truck Exhaust Temperature Sensors are precision-made for an exceptionally rel...
    Rental firm Hertz to sell 20,000 EVs due to low demand
    Rental firm Hertz Global Holdings has announced that it will sell approximately 20,000 electric vehicles from its US fleet, or about one-third of the global EV fleet, according to an SEC filing dated Jan. 11. The sale, which was initiated in December 2023 and is expected to take place over the course of 2024, will cover multiple makes and models. The company expects to reinvest a portion of the proceeds from the sale of EVs into the purchase of internal combustion engine (ICE) vehicles to meet c...
    Clarios, Altris partner to develop low-voltage sodium-ion batteries for automotive industry
    Clarios, a US-based supplier of energy storage solutions to original equipment (OE) manufacturers and the aftermarket, and Altris, a pioneer in sustainable sodium-ion (Na-ion) battery technology, have announced a partnership to develop low-voltage Na-ion batteries for the automotive industry, according to a press release dated Jan. 8. The collaboration aims to create an innovative battery solution that is sustainable, easy to recycle, and made from abundant and available materials. The new jo...
    Japan’s KYB launches environmentally friendly hydraulic fluid for shock absorbers
    KYB Corp., a Japan-based company engaged in the manufacture and sale of hydraulic equipment and hydraulic shock absorbers, announced the launch of SustainaLub, an environmentally friendly shock absorber hydraulic fluid that eliminates the environmental risks associated with petroleum, according to a press release dated Jan. 2. SustainaLub is a sustainable product that is both carbon-neutral and recyclable, and full release to the market is planned for 2026, the release added. The company beli...
    Micronics expands filtration solutions with acquisition of Solaft
    Vance Street Capital's portfolio company, Micronics Engineered Filtration Group, a global provider of aftermarket filtration consumables, has acquired Solaft Filtration Solutions, an innovative and vertically integrated global industrial filtration solutions provider, according to a press release dated Jan. 4. The acquisition expands Micronics' portfolio of engineered filtration solutions and geographic footprint, allowing the company to better serve its global customers' filtration needs in ...
    GKN Automotive appoints new chief information officer
    UK-based drive-systems supplier, GKN Automotive, announced that it has appointed Volker Schwarz as its new chief information officer (CIO), with immediate effect, according to a press release dated Jan. 2. Reporting directly to GKN Automotive’s CEO Markus Bannert, Schwarz will join the company’s executive team, responsible for driving its global IT strategy. The appointment reflects a new phase in the brand’s commitment to IT investment and development. Schwarz joins with more than 2...
    ACMA Automechanika New Delhi 2024 to have over 500 exhibitors
    German trade fair, congress and event organizer Messe Frankfurt, and India’s apex component industry body Automotive Component Manufacturers Association of India (ACMA) have announced that the fifth edition of ACMA Automechanika New Delhi — the exhibition of auto parts, auto components and products for car aftersales service — is scheduled to be held from Feb. 1–3, 2024. In a press release dated Jan. 2, it was announced that the event would bring together over 500 exhibitors from 12...
    BT Group to convert old street cabinets into EV charging points to add to UK’s charging infrastructure
    London-based telecommunications company BT Group plans to convert old green street cabinets into electric vehicle charging points across the UK, according to a news report published by the BBC on Jan. 7. These metal cabinets were traditionally used to store broadband and phone cabling, the report said, adding that many of these street cabinets are coming toward the end of their lifespans. Under a pilot program, the first green street cabinet will be installed as an EV charging point in Sco...
    CES 2024: Volkswagen integrates ChatGPT into its vehicles
    Volkswagen has announced that it will present the first vehicles where the AI-based chatbot ChatGPT is integrated into its Ida voice assistant, at the Consumer Electronics Show (CES) 2024 electronics trade fair held from Jan. 9 to 12, according to a press release dated Jan. 8. In future, customers will have seamless access to the constantly growing AI database in all Volkswagen models equipped with the Ida voice assistant and have researched content read out to them while driving, the release...
    CLEPA appoints Schaeffler senior executive Matthias Zink as new president
    CLEPA, the European Association of Automotive Suppliers, has elected Matthias Zink as its new president for a two-year term starting in January 2024, according to a press release dated Jan. 9. Zink is CEO Automotive Technologies at Schaeffler and will succeed Thorsten Muschal who has held the position since 2020. “CLEPA represents over 3,000 companies, from multi-nationals to SMEs, supplying state-of-the-art components and innovative technology for safe, smart, and sustainable mobility acro...
    Optronics unveils energy-efficient heated lights for commercial vehicles
    Optronics, a US-based manufacturer of LED lighting products, has introduced a new line of heated lamps designed specifically for commercial vehicles operating in northern climates with harsh winters, according to a press release dated Dec. 15, 2023. The new TLL75 Series LED flood beam work lights and STL13 Series 4-inch round LED stop, turn and tail lights feature a unique heating technology that only comes on when necessary, reducing energy consumption and prolonging the lifespan of the lamp...
    Valeo and Applied Intuition partner to provide digital twin technology for ADAS simulation
    Valeo and Applied Intuition, a vehicle software supplier, are partnering to provide a digital twin platform for advanced driver assistance systems (ADAS) sensor simulation. The joint solution will allow automotive original equipment manufacturers to bring safe and reliable ADAS features to market faster, according to a press release on Jan. 4. Valeo and Applied Intuition’s platform will provide OEMs with a digital twin database representing locations worldwide, offering an extensive and div...
    Transtar launches remanufactured transmission products
    US-based automotive aftermarket supplier Transtar Industries has announced the launch of its newest brand, Transmaxx. Through this brand, it aims to introduce remanufactured solutions to the market for end customers, according to a press release dated Jan. 3. The company has partnered with ETE Reman to launch three remanufactured transmission electro-hydraulic control modules (TEHCMs), which are designed specfically for General Motors' 6-speed transmission applications. Ac...
    Standard Motor Products expands Gasoline Fuel Injection program offering
    Standard Motor Products Inc. (SMP) announced that it continues to expand its aftermarket-leading Gasoline Fuel Injection program, according to a press release dated Jan. 4. With more than 2,100 part numbers, Standard offers the most complete program in the industry, including everything needed for a complete repair. Standard's complete Fuel Injection program features over 1,100 all-new, not remanufactured, Gasoline Direct Injection (GDI), Multi-Port Fuel Injection (MFI) and Throttle Body Inje...
    B&R Auto announces three acquisitions and new executive appointment
    B&R Auto, a US-based value-added provider of recycled automotive parts and a portfolio company of Highview Capital, has announced the acquisitions of American Auto Recycling (American Auto), New Way Auto Sales & Parts (New Way) and Charlie's Towing (Charlie's), according to a press release dated Jan. 4. The acquisitions of American Auto and New Way expand B&R's business into Arizona, US, while the acquisition of Charlie's grows B&R's existing footprint in Oregon, US, the release ...
    CES 2024: Valeo to present Ineez Air Charging solution for wireless EV charging
    Valeo has announced that it will showcase the Valeo Ineez Air Charging solution at Consumer Electronics Show (CES) 2024 from Jan. 8 to 12, 2024, in Las Vegas. The company said its solution reinforces its position in the charging station market with an efficient and lightweight solution to recharge the vehicle inductively, without any charge cable. The company believes the electric vehicles market is growing fast, and recharge solutions are starting to be a key differentiation factor and ...
    Denso to showcase retail solutions with microlocation technology at NRF 2024
    Denso, a leading mobility supplier, has announced that it will exhibit at National Retail Federation (NRF) Show 2024 in New York City from Jan. 14–16, where it will showcase cutting-edge automotive technologies applied to the retail world, according to a press release dated Jan. 3. Denso experts will showcase the company's microlocation technology, which automakers currently use to offer hands-free and secure vehicle access to users through their smartphone. The team will provide a live dem...
    PARTS iD announces delisting from NYSE American
    PARTS iD Inc. has announced that it received notification from the NYSE that the NYSE has initiated proceedings to delist the Class A common stock of PARTS iD Inc. from NYSE American, according to a press release dated Jan. 2. The NYSE also indefinitely suspended trading of the company’s Class A common stock effective Dec. 26, 2023. PARTS iD does not intend to appeal the NYSE’s determination, the company said. Significance: According to the release, the NYSE determined t...
    Valeo appoints Edouard de Pirey as CFO
    Valeo has appointed Edouard de Pirey as the new CFO, it said in a press release dated Jan. 2. De Pirey will replace Robert Charvier, who will retire on March 29 after 24 years with the company. Charvier will remain with Valeo in an advisory capacity until his departure. De Pirey began his career as a civil servant in New Caledonia before joining the French Ministry of Economy, Finance and Industry in 2006. He joined Valeo in 2009 as group vice president of Corporate Planning and Str...
    Alcoa appoints Matt Reed as EVP and COO
    Alcoa Corp., a global company involved in the manufacturing of bauxite, alumina and aluminum products, has announced that it has appointed Matt Reed as its executive vice president and COO, effective Jan. 1, 2024, according to a press release dated Dec. 21, 2023. Reed, who will be based in Western Australia, will lead Alcoa’s global operations, including bauxite mines, alumina refineries and aluminum smelters. He will be accountable for operational excellence, focusing on safety, environmen...
    Continental's new tire management solution streamlines fleet maintenance for greater fuel efficiency
    Continental has introduced a new entry-level solution for fleets to digitally manage their tires, according to a press release dated Dec. 19, 2023. The solution involves a valve cap sensor that is attached to the tire valve of buses, trucks or trailers. The sensor measures tire pressure in real time and transmits the data to Continental's tire management platform. This allows fleet operators to optimize maintenance intervals and extend the operating times of their vehicles, leading to greater fu...
    Aisin and SPK commence sale of power back door kits in Japan
    Japan-based SPK Co. Ltd and Aisin Corp. have announced that they have jointly developed a power back door kit for the Toyota Yaris Cross, and the companies launched it as an exclusive SPK product on Dec. 12, 2023, according to a press release dated Dec. 11, 2023. This product electrically opens and closes the back door by operating the in-car switch or wireless key. It also has a function to adjust the automatic stop position of the back door at any height and a function to stop at any height...
    Automakers fulfill automatic emergency braking pledge for light-duty vehicles in the US
    The US non-profit group Insurance Institute for Highway Safety (IIHS) has announced that all 20 participating automakers have fulfilled a voluntary pledge to equip at least 95% of all the light vehicles they produce for the US market with automatic emergency braking (AEB), according to a press release dated Dec. 21. The 2016 commitment was brokered by the IIHS and the National Highway Traffic Safety Administration (NHTSA). In it, the automakers pledged to equip at least 95% of their cars and ...
    Infosys, LKQ Europe partner for five-year business process integration
    Infosys, a global firm involved in digital services and consulting, has announced a five-year collaboration with LKQ Europe, a distributor of automotive aftermarket parts in Europe, according to a press release dated Dec. 21. Under the collaboration, Infosys will assist LKQ Europe in integrating and standardizing its business processes and systems to enable synergies and achieve economies of scale. LKQ Europe aims to reduce complexities, increase efficiency and leverage its strengths through ...
    Driven Brands names Damien Harmon to board of directors
    Driven Brand Holdings, a US-based automotive service company, has appointed Damien Harmon to its board of directors, effective Jan. 1, 2024, according to a press release dated Dec. 19. Harmon is a seasoned executive with over two decades of experience in retail and leadership, and will also serve as a member of the compensation committee, the release added. Jonathan Fitzpatrick, CEO and president of Driven Brands, expressed the company's excitement to have Harmon join the board, citing his ex...
    Schaeffler secures 29.88% of Vitesco with its public tender offer
    Schaeffler AG has announced the final result of the voluntary public tender offer for all outstanding shares of Vitesco Technologies Group AG, according to a press release dated Dec. 20. Until the end of the acceptance period on Dec. 15, 2023, 11,957,629 Vitesco shares have been tendered to Schaeffler, corresponding to 29.88% of the share capital and voting rights in Vitesco, the company said. Together with the 49.94% stake held by IHO Holding, the strategic management holding of the Schaeffl...
    VinFast, Marubeni partner to explore EV battery reuse in Vietnam
    VinFast, an electric vehicle manufacturer in Vietnam, and Marubeni Corp. (Marubeni), a Japanese trading and investment conglomerate, have signed a memorandum of understanding (MOU) to explore opportunities in the secondary use of EV batteries and establish a circular economy model, according to a press release dated Dec. 18. The MOU was signed in Tokyo with the aim of reducing greenhouse gas emissions in Vietnam and globally. Under the MOU, VinFast and Marubeni will collaborate on researching...
    Exide Technologies partners to strengthen service operations in the Netherlands and Belgium
    Exide Technologies (Exide), a company involved in battery-storage solutions for automotive and industrial applications, has announced a strategic agreement with Juice Stored Energy Ltd. (Juice) for the transfer of its Service Department in the Netherlands and Belgium, according to a press release dated Dec. 22. This agreement encompasses all current service employees, who will be pivotal to the success of this transition, the company said, adding that the move marks a significant decision by ...
    ZF shifts focus from autonomous transportation systems to engineering services
    ZF, a technology company based in Friedrichshafen, Germany, has announced a shift in its business model for its global shuttle business. The company will no longer aim to facilitate entire autonomous transportation systems, including shuttles and fleet management, but instead focus on providing engineering services to customers and developing the building blocks needed for autonomous driving, according to a press release on Dec. 19. Existing partnerships and projects related to the GRT shuttl...
    US-based Holley announces additional $25 million debt paydown
    Holley Inc. (Holley), a US-based manufacturer of high-performance aftermarket products for car and truck enthusiasts, announced that it paid down an additional $25 million in principal against its first lien term loan facility, according to a press release dated Dec. 19. This debt reduction against Holley’s first lien term loan facility was completed through opportunistic repurchases at a discount to par in November and December, and were completed using cash on hand, the company said. Comb...
    US-based Vontier appoints Mike Dwyer as president of Matco Tools
    Vontier Corp., a US-based provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, has announced the appointment of Mike Dwyer as president of Matco Tools, according to a press release dated Dec. 12. Dwyer succeeds Tim Gilmore, who will retire from the company following a 36-year career with the organization. Gilmore will serve in an advisory capacity to ensure a smooth and seamless transition. Matco Tools provides professional mechanics with premiu...
    Australian Automotive Aftermarket Association appoints new chairman
    The Australian Automotive Aftermarket Association (AAAA) has announced the appointment of Wayne Bryant to the position of AAAA chairman, according to a press release dated Dec. 21. The AAAA is the national, independent association representing the aftermarket, and the role of the AAAA board is critical in further strengthening the association’s ability to support, develop and future-proof the aftermarket industry, the organization said. Wayne Bryant, who holds the position of CEO, Auto...
    Spare parts logistics player DANX expands in Sweden with acquisition of FOMAB
    Denmark-based spare parts logistics provider DANX, part of the Danx Carousel group, announced that it has acquired Forslund & Malmström (FOMAB), a final-mile distribution services provider in Northen Norrland, Sweden, according to a press release dated December 12. The acquisition aims to strengthen DANX's foothold in Sweden through the expansion of its fleet and final mile capabilities. FOMAB specializes in distributing goods to remote areas of Northen Sweden, including Luleå, Gälliva...
    US-based heavy-duty aftermarket firm High Bar Brands’ ownership changes hands
    High Bar Brands (HBB), a US-based manufacturer and distributor of high-quality commercial vehicle solutions for the heavy-duty trucking industry, with its portfolio of brands, including Minimizer, Premier Mfg., Dieter’s Accessories, Panelite, and Viking Sales, has announced its strategic recapitalization with Sentinel Capital Partners, according to a press release dated December 20. As part of the move, Sentinel, a New York-based alternative asset manager has acquired HBB from Heartwood Partne...
    Sweden-based CTEK appoints Fredrik Uhrbom as Global Director, Consumer
    Swedish battery-management company CTEK has announced that it has appointed Fredrik Uhrbom as Global Director for the new division Consumer, formerly Aftermarket, according to a press release dated December 13. The Consumer division is primarily end-consumer focused with sales in more than 70 countries via both distributors, retailers and e-retailers, the company said. Uhrbom is said to have extensive experience from several companies within the retail industry. He has, among other roles, wor...
    European mobility service providers call for action on in-vehicle data legislation
    As part of the Independent Service Providers (ISP) group, CLEPA and nine other European associations representing the mobility ecosystem, including consumers and insurers, have written to the European Commission’s President Ursula von der Leyen to express dismay at a new delay in the Commission’s adoption of a long-promised sectoral legislation for access to in-vehicle data, according to a press release dated December 19 by The European Association of Automotive Suppliers (Comité de Liaison...
    Stellantis, Valeo partner on circular economy-friendly windshield camera remanufacturing
    Stellantis and Valeo have partnered to launch the first windshield-mounted automotive video camera remanufactured by Valeo at its Circular Electronics Lab in Nevers, France, according to a company press release on Dec. 15. This collaboration marks a significant milestone in their commitment to the circular economy and sustainability. The remanufactured camera offers the same two-year warranty and performance as new parts while saving up to 99% of natural resources compared with new ones. Valeo i...
    Schaeffler extends CEO Klaus Rosenfeld's term for five more years
    Schaeffler AG has extended the contract of its CEO, Klaus Rosenfeld, for an additional five years, according to a press release dated December 15. Rosenfeld joined the Schaeffler Group as Chief Financial Officer in March 2009. In October 2013, he took over the position of CEO in addition to his role as CFO, initially on an interim basis. In June 2014, he was appointed permanent CEO of Schaeffler AG, whose IPO took place under his leadership in October 2015. With the Roadmap 2025, Klaus Rosenf...
    ZF Aftermarket expands product line with new shocks for BMW models
    ZF Aftermarket announced the expansion of its product line in the US and Canadian market with the addition of 16 new SACHS Continuous Damping Control (CDC) part numbers for BMW 5, 6, and 7 models, according to a press release dated December 13. The company plans to release additional CDC part numbers in the first-quarter of 2024. The CDC electronic damper system has been in large-scale original equipment production since the mid-2000s and is now available in the aftermarket. ZF has produced o...
    Garrett Motion launches online marketplace for racing enthusiasts
    Garrett Motion, a Switzerland-based autoparts-maker and provider of turbocharging, electric boosting and automotive software solutions, announced that it has launched an online marketplace called Garrett Marketplace for racing enthusiasts, according to a press release dated Dec. 11. The platform is designed to provide direct access to the company's engineering prowess and offer a seamless shopping experience for performance and racing enthusiasts, the release added. Garrett Marketplace i...
    Schaeffler Automotive Aftermarket names new leaders to drive growth and digitalization
    Schaeffler Automotive Aftermarket, a German provider of spare parts and services for the automotive industry, has announced two new management appointments to strengthen its leadership team, according to a press release dated Dec. 12. As per the announcement, Maxim Hantsch-Kramskoj is the new president of Business Development & Strategy Automotive Aftermarket and Hamid Manesh has taken over the position of head of Digitalization & IT Schaeffler Automotive Aftermarket from Jan. 1, 20...
    UK-based GSF Car Parts sets out future growth strategy
    GSF Car Parts, a UK-based supplier of car parts to the independent aftermarket, announced that its Executive Chairman Sukhpal Singh Ahluwalia and CEO Steve Horne have unveiled an ambitious and trailblazing vision to invest, expand and improve the leading automotive aftermarket business at its Supercharged for Success staff conference this week, according to a company release dated Dec. 14. More than 300 managers from across the national motor factor’s 180 branches and specialist support tea...
    Canada’s Mevotech expands range with 138 new repair solutions
    Mevotech, a Canada-based engineering, designer and manufacturer of driveline, steering and suspension aftermarket parts, has announced the addition of 138 new part numbers in December, according to a press release dated Dec. 7. Mevotech is known for innovative and patented steering, suspension and wheel end repair solutions. Significance: The latest release builds on Mevotech’s aim to ensure product durability with more engineered improvements to address common failure modes with the origin...
    Altilium collaborates with Chile-based institution for EV battery recycling
    Altilium, a UK-based clean technology group focused on supporting the transition to net zero, and Universidad Católica del Norte (UCN), a educational institution in Chile, have announced the signing of a memorandum of understanding (MOU) to foster a strategic partnership focusing on the advancement of electric vehicle battery recycling technologies, according to a press release dated Dec. 12. The MOU reflects the shared commitment of both entities to leverage their expertise and resources in...
    Bosch rolls out major update to its Bosch ESI[tronic] diagnostic software
    The Bosch ESI[tronic] diagnostic software, which is used in Bosch Car Service operations and independent automotive workshops worldwide, has been updated to be faster, more intuitive and simpler in the future, with the updated version being branded ESI[tronic] Evolution, according to a press release dated Dec. 11. The new features and modifications will be introduced step by step with each future update, allowing ESI[tronic] users to gradually familiarize themselves with the functions while usin...
    Dorman expands range with 400 vehicle parts
    Dorman Products has announced that it is releasing 400 new motor vehicle parts in December, representing millions of new sales opportunities for automotive parts distributors, retailers and repair shops, according to a press release dated Dec. 7. This December’s new releases include a Dorman original equipment (OE) Fix-branded exhaust manifold clamp repair kit with coverage for approximately 3 million select aging Ford and Lincoln vehicles. The company said when an exhaust manifold fastener...
    MEMA CEO Julie Fream to depart, Collin Shaw named as successor
    The Motor & Equipment Manufacturers Association (MEMA) Aftermarket Suppliers, an association in North America representing motor-vehicle component manufacturers, has announced that Julie Fream, president and CEO of MEMA's Original Equipment (OE) Suppliers group, will step down from her role March 31, 2024, according to a press release dated Dec. 11. MEMA has announced that Collin Shaw will succeed Fream as president of the MEMA, OE Suppliers group, effective April 1, 2024.&nbs...
    Valeo expands product portfolio with aftermarket petrol injectors, reinforcing one-stop shop status
    Valeo, a global powertrain specialist, has expanded its product portfolio by adding a range of petrol injectors to its aftermarket offering, according to a press release dated Nov. 28. The company said it aims to reinforce its position as a one-stop shop supplier, and provide distributors and their networks with a comprehensive and strengthened portfolio with the move. Significance: Valeo's offer includes indirect injection injectors for gasoline engines and covers all major car manufactur...
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