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Pep Boys Reports Third Quarter 2015 Results; Icahn Outbids Bridgestone To Buy Business

Following his disclosure yesterday of an ownership interest in the company, U.S. investor Carl Icahn has made a counter bid for Pep Boys, according to a report in The New York Times.

Pep Boys Receives Notice Of Icahn Ownership Interest

With 6.6 million shares, Icahn Enterprises would be the second-largest shareholder of Pep Boys.

CAWA Annual Membership Dinner Takes Place Nov. 3 In Las Vegas

The keynote speaker will be Dan Ninivaggi, CEO of IEP Automotive Group LLC and managing director, Icahn Enterprises LP Automotive Segment.

Federal-Mogul Board Of Directors Appoints Bradley Norton As Co-CEO, CEO Of Federal-Mogul Motorparts

Norton succeeds Daniel Ninivaggi, who had served as co-CEO and CEO of Federal-Mogul Motorparts since 2014. Ninivaggi will return to Icahn Enterprises L.P., Federal-Mogul’s parent company, where he will serve as managing director of IEP’s automotive segment.

AMN Executive Interview With Brent Windom, President And CEO, Auto Plus

Following the June acquisition of substantially all of the assets of Uni-Select USA Inc. and Beck/Arnley Worldparts by Icahn Enterprises, Brent Windom – a longtime Uni-Select USA employee – was tapped to serve as president and CEO of the business, now called Auto Plus. Windom and Auto Plus are now embarking on an aggressive growth strategy based on its strong history of technology investments and major market acquisitions. Windom recently sat down with AMN to provide readers with an update on the business and where it’s headed.

Update: Uni-Select Enters Into Agreement To Sell US Automotive Parts Distribution Activities

Carl Icahn, chairman of Icahn Enterprises, stated that the auto parts distribution business acquired from Uni-Select USA will be operated independently from Federal-Mogul Holdings Corp., a subsidiary of Icahn Enterprises.

Uni-Select Enters Into Agreement to Sell US Automotive Parts Distribution Activities for US$340 Million

Uni-Select Inc., a major automotive aftermarket parts and paint products distributor with activities across North America, today announced that it has entered into an agreement for the sale of substantially all of the assets of Uni-Select USA, Inc. and Beck/Arnley Worldparts, Inc. to an affiliate of Icahn Enterprises L.P. at a purchase price of approximately $340 million, subject to adjustments based on the net tangible book value of assets sold at closing.

Federal-Mogul Announces Plans To Pursue Credit Facility Amendment And Equity Offering

Principal stockholder Icahn Enterprises L.P. makes substantial new investment in the company.

AMN Year in Review: Top Distribution News of 2023

Find out which stories made our Top 10 list in the auto parts distribution segment of the automotive aftermarket.

Year in Review 2023 Distribution stories 2023 aftermarketnews
Deadline Extended For Pep Boys Technician Scholarships

This year’s program will include five $10,000 scholarships to qualified students.