CarParts.com’s Q2 Results Driven By Digital Transformation
The second quarter of 2023 marked the highest sales level for any quarter in company history, said CEO David Meniane.
Eaton Reports Record Quarterly Results
In Q2, Eaton’s sales were $5.9 billion, a quarterly record and up 13% from Q2 2022, driven by organic sales growth.
Lear Reports Improved Second Quarter 2023 Results
Lear reported an 18% increase in sales compared to Q2 2022, as well as developments in thermal comfort systems.
Valeo Reports Strong First-Half OE & Aftermarket Sales
Valeo’s OE sales were up 19%, with aftermarket sales also exhibiting strong growth at a 5% increase.
Dana Inc. Reports Strong Q2 Financial Results
Dana Inc. reported sales of $2.75 billion, an increase of $162 million or 6 percent over last year.
Genuine Parts Company Reports Increased Sales in Q2 Report
Global automotive sales were $3.7 billion, up 5.4% from the same period in 2022.
Lear Increases 2023 Financial Outlook, Margins in Seating
Lear increased its 2023 outlook for net sales, core operating earnings and free cash flow.
Motorcar Parts of America Reports Record Sales for FY 2023
MPA incurred a net loss of $4.2 million, or 22 cents per share.
Advance Q1 Net Sales Up 1.3%, But Comp-Store Sales Slip
The retailer revised its full-year outlook and announced a dividend cut.
AutoZone Q3 Net Sales Increased 5.8%
Earnings per share increased to $34.12.
PartsTech Secures $35M Series C Funding
PartsTech provides an e-commerce solution that currently connects 15,000+ repair shops to 30,000 supplier locations.
The Sterling Group Launches New Tire & Service Platform
Sterling will partner with John Adams, an executive with 25 years of experience in the automotive aftermarket industry and former CEO of Full Speed Automotive, to build the Premier platform.