AAIA Participates In International Congress And ExpoINA In Mexico City
Executives representing automotive trade associations in Japan, India, Mexico, Brazil and OESA from the U.S. also were key presenters.
Advance Auto Parts To Acquire General Parts International
Deal will create the largest automotive aftermarket parts provider in North America with combined sales of more than $9.2 billion and more than 70,000 employees.
Federated Extends Sponsorship Of NASCAR Sprint Cup Series Race At Richmond International Raceway
In addition to the contract extension, Federated Auto Parts, which hosts nearly 2,000 guests in hospitality and suites on race weekends at RIR, remains the Official Auto Parts Supplier of Richmond International Raceway.
Bruce Mardar Joins AutoPartSource as VP of Sales and Marketing
Before joining AutoPartSource, Mardar spent the past five years as eastern regional sales manager for Akebono Brake and previously was national sales manager at Qualitee International for nine years.
Jeff Buckholz Named East Regional Manager for AutoPartSource
RICHMOND , Va. — AutoPartSource, a national undercar parts manufacturer, has announced the appointment of Jeff Buckholz as its new east regional manager. Buckholz has more than 30 years experience in the auto parts and aftermarket business. He joins AutoPartSource after a 9-year span as district sales manager for KYB. A third-generation auto parts guy,
Pronto Announces Second International Member
National Pronto Association has added its second international shareholder to its membership. Almacen Fronterizo de Autopartes S.A. de C.V., located in Reynosa, Tamaulipas, Mexico, joined the Pronto group effective May 1.
Bosch Stability Control System Receives International Recognition for Safety Contributions
Bosch has received prestigious awards from FIA (Federation Internationale l’Automomobile) and Prince Michael of Kent for its "contributions to worldwide road safety." The company was recognized for its stability control system, known in the U.S. as electronic stability control. Bosch developed the active safety system and was the first company to put it on the market in 1995.
AutoPartSource Sold to Amalfe Brothers
Undercar parts manufacturer AutoPartSource was acquired by Amalfe Brothers Inc. of New Jersey, effective Feb. 23. Amalfe Brothers Inc. is a family owned business with more than 60 years of automotive aftermarket experience that includes manufacturing, wholesale distribution and retail operations. AutoPartSource was formed in 2004 from assets aftermarket business owner Frank Pagano purchased from the former Qualitee International. The company supplies filters, brakes, clutches, drums/rotors and related products to warehouse distributors in the automotive aftermarket.
AutoPartSource Names New VP and General Manager
National undercar parts manufacturer AutoPartSource has appointed Stephen Schnell as vice president and general manager. Most recently with General Motors, Schnell brings more than 35 years of experience in the domestic and international arenas to AutoPartSource. Schnell has led key initiatives in strategic planning, business planning, marketing, competitive analysis, new business development, mergers and acquisitions and finance. His last assignment at GM was as the chief financial officer of GM Service Parts Operations International, a $300 million distributor of automotive spare parts.
AutoPartSource and New World Friction Complete Financing Plan
AutoPartSource and New World Friction, wholly owned subsidiaries of MomentumUSA, have secured a $3.6 million line of operating financing in conjunction with the April acquisition of certain operating assets of Qualitee International and Novatek Manufacturing. Together with the $1.6 million of initial financing, the companies now have a combined capitalization of more than $5.2 million.