Icahn Automotive Announces Growth Plans In Detroit Market

Icahn Automotive Announces Growth Plans In Detroit Market

"We are excited to announce a multi-million-dollar expansion plan that includes new store openings, the extensive remodeling of several existing stores and the doubling of our parts inventory in the market,” said Icahn Automotive CEO Dan Ninivaggi.

Icahn Automotive Group LLC, one of the largest distributors of parts, tires and accessories in the U.S., has announced several major investments in the Detroit metropolitan region.

“For 96 years, Pep Boys, a wholly-owned subsidiary of Icahn Automotive, has shared the Motor City’s passion and pride for all things automotive,” said Icahn Automotive CEO Dan Ninivaggi. “We are excited to announce a multi-million-dollar expansion plan that includes new store openings, the extensive remodeling of several existing stores and the doubling of our parts inventory in the market.”

Most recently, the company announced the acquisitions of Precision Auto Care Inc., with Precision Tune franchise locations in Royal Oak and Detroit, and Phil Cavill’s Tire & Auto Service Center, a staple in the community of Clawson for 34 years. This 10-bay shop will be converted to a full-service Pep Boys Service & Tire Center.

To meet the needs of both consumers and commercial customers, Pep Boys has extensively renovated its Detroit-area stores and dramatically expanded its parts and tire availability, adding more high-quality products to its local stores. Pep Boys, in conjunction with the company’s Auto Plus wholesale parts distribution arm, carries a full line of premium parts, including Moog chassis and Wagner braking products, as well as an exclusive line of Champion wipers, lighting, filters, batteries and ignition products. In addition, the in-store Speed Shop in Pep Boys’ Eastpointe location caters to the many automotive enthusiasts in the area and features a broad selection of high-performance and appearance products.

In celebration of its growth plans in Detroit, Pep Boys took part in the Woodward Dream Cruise this past weekend. “Pep Boys is passionate about honoring our heritage and long history in Detroit, and participating in the Woodward Dream Cruise was an excellent opportunity to do so in a city that is as proud of its automotive industry roots as we are,” said Ninivaggi. “Coupled with IndyCar driver Graham Rahal’s recent back-to-back wins in the Detroit Grand Prix, which was an exciting start to our 2017 sponsorship, we are thrilled to have been part of several major Detroit-based automotive events this year.”

These investments in Detroit are part of Icahn Automotive’s larger strategy to grow its national network and provide customers with the largest assortment of premium parts and tires as well as the highest quality total car care service.

You May Also Like

PHINIA Reports Q1 2024 Results

U.S. GAAP net sales were $863 million, an increase of 3.4% compared with Q1 2023, according to PHINIA.

PHINIA Inc. reported results for the first quarter ended March 31, 2024.

First Quarter Highlights:

U.S. GAAP net sales of $863 million, an increase of 3.4% compared with Q1 2023.

Excluding $17 million of contract manufacturing sales, sales were up slightly compared to Q1 2023. Favorable pricing and currency were partially offset by lower commercial vehicle sales in Europe.

Rotating Electrical: Revolving and Evolving

Higher compression ratios, increased accessory electrical loads, and the move toward hybridization and emissions compliance have brought many changes to the design and requirements of these rotating electrical components.

Rotating Electrical: Revolving and Evolving
The Purge: Flushing & Filling the Coolant

This job isn’t needed as often as it used to be, but it’s still important.

The Purge Flushing & Filling the Coolant
JNPSoft OptiCat Unveils DataLive Product Tracking Tool

With DataLive, manufacturers can now automatically track when their products reach a go live state on the various distribution sell platforms.  

Opticat
BendPak Announces Longer-Lasting LITESTIX Work Light

A larger battery keeps the rechargeable hands-free light shining bright for up to 7 hours, BendPak said.

BendPak Announces Longer-Lasting LITESTIX Work Light

Other Posts

Bendix Making Changes at Indiana Manufacturing Operation

Bendix said it is transforming its distribution center into a state-of-the-art facility and consolidating dampers manufacturing into a single, larger space.

Doleco Announces Facility Expansion in Charlotte

The 33,000-square-foot facility is strategically positioned near major transportation hubs, providing optimal access to raw materials and speeding shipment of finished goods to all U.S. markets.

Standard Motor Products Introduces 268 New Numbers

The release provides new coverage in 75 product categories and 80 part numbers for 2023 and 2024 model-year vehicles, SMP said.

MAHLE Releases 2023 Sustainability Report

MAHLE noted it made significant progress in reducing its CO2 emissions, and increasing the use of renewable electricity.

MAHLE Releases 2023 Sustainability Report