TOP 5 STORIES OF THE WEEK

TOP 5 STORIES OF THE WEEK

A recap of the top five stories on aftermarketNews during the week of April 13.

Groupe Renault unveiled this week its new strategy for the Chinese market, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). 

Read more here.

SEMA this week shared that Congressional leaders are negotiating legislation to expand the Paycheck Protection Program (PPP) loan by $250 billion with half of that amount being distributed through community banks. (Editor’s note: as of press time, the first round of funding has now been depleted after just two weeks.)

Read more here.

The Network named ProTech Autocare, located in Cincinnati, Ohio, as the first-annual Parts Plus Car Care Center of the Year award winner. Smyth Auto Parts nominated ProTech Autocare because of the high standards of excellence provided to its customers and their vehicles.

Read more here.

The Aftermarket Performance Group (APG), a holding company of leading automotive performance aftermarket companies in the wholesale, retail, e-commerce and manufacturing segments, has named Mike Sinoway as the company’s CEO, effective immediately.  

Read more here.

Auto Value and Bumper to Bumper kicked off their first-ever Certified Service Center (CSC) Webinar Series this month. Beginning April 13, Auto Value and Bumper to Bumper will be producing daily CSC-exclusive webinars to further benefit the shop network. 

Read more here.

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FullSpeed Automotive Appoints New Chief Marketing Officer

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FullSpeed Automotive has announced the appointment of Stacey Pool as the new Chief Marketing Officer, effective May 28, 2024. She will report directly to Chief Executive Officer, Rob Lynch, and serve on the FullSpeed Automotive executive leadership team.

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Advance Auto Parts Offers Race Fans Once-in-a-Lifetime Trip

One winner and a guest will “Do the Double” by attending the Indianapolis 500, before traveling to Charlotte for NASCAR’s 600-mile race.

PACCAR Elects New Board Directors

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Dana Releases Rear Semi-Float Axles for Jeeps 

The axles provide Jeep owners with a direct-fit, bolt-in upgrade solution that is built for superior strength inside and out, the company said.

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Dayco Announces Leadership Hires, Headquarters’ Relocation

Dayco said these developments strengthen its focus on innovation and growth.

Dayco has announced the appointment of several strategic leadership positions,  as well as the relocation of the company’s headquarters to Birmingham, MI.

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Cummins Names VP, Cummins Emissions Solutions

Alison Trueblood was promoted to the role, effective May 1.

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Fix Network World Celebrates Apprenticeship Program Approval

The program is also celebrating the graduation of its first apprentice, Gabrial Duran.

SMP Announces Q1 2024 Results

Net sales for the first quarter of 2024 were $331.4 million, compared to consolidated net sales of $328.0 million during the comparable quarter in 2023.

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GPC Acquires Largest NAPA Independent Store Owner in the US

Genuine Parts Company said the acquisition advances its strategic initiative to own more stores in priority markets.

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