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 May 3.

The Latest On The Chip Shortage

A global pandemic and a devastating winter storm in the South has caused major shortages in the U.S. auto parts industry.

Read more here.

Parts Authority Acquires West Springfield Auto Parts

This acquisition represents an expansion of the Parts Authority market share in Massachusetts and Connecticut. 

Read more here.

Tri-State Acquires WM Automotive

Established on Sept. 1,1976, by founder Wilson McMillion, WM Automotive has been a leader in the auto parts distribution channel in the Texas market.

Read more here.

Cooper Tire Stockholders Approve Proposed Goodyear Merger

At a special meeting of Cooper stockholders, approximately 99 percent of votes cast were in favor of the transaction. 

Read more here.

Autolite Commemorates 85th Anniversary Of First Spark Plug

Autolite started in 1911 as a collection of two companies manufacturing buggy lamps.

Read more here.

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Lubrication Specialties Announces Marketing Hire and Promotion

Matthew Steinmetz was named field marketing rep and Kaysie Keen was promoted to a newly created position of field marketing manager.

LSI Promotions

Lubrication Specialties announces new support for Hot Shot’s Secret field events with the addition of Matthew Steinmetz to field marketing representative and the promotion of Kaysie Keen to a newly created position, field marketing manager.

Keen previously served in a support role in the marketing department as a marketing project specialist. In her new role, she will now report to Kyle Fischer, Hot Shot’s Secret’s director of field marketing & partnerships. In this new role, Keen will manage all event assets, inventory, track and report on field sales, assist with contract negotiations, monitor and screen sponsorship applications, and coordinate all event details, Lubrication Specialties said.

2024 SEMA Show Registration Now Open

Representatives from more than 2,000 companies prepare to select their exhibit space during Priority Space Selection, April 29-May 15.

MEMA Launches Right to Repair Campaign

As part of the campaign launch, MEMA Aftermarket Suppliers is executing a digital advertising spend across multiple channels – including social media, streaming services, websites, and more.

Right to repair 2
B’laster Holdings Launches B’laster Refrigerants Line

The product lineup was created to service and maintain both R-134a and R-1234yf automotive A/C systems, according to B’laster Holdings.

Schaeffler Group USA Expands Product Portfolio

Seventy new parts have been added to the INA, LuK and Schaeffler Bearings portfolios in the first quarter of 2024.

Schaeffler

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Merchants Fleet Names Starke Regional Sales Manager

Jessica Starke will be the regional sales manager for the central region of the company’s Truck & Van Rental Division.

Merchants Fleet Hires Starke as Regional Sales Manager
Registration for AAPEX 2024 Now Open

AAPEX is the only event that combines live, interactive demos and training; expert-led business education; and in-person connection with the global automotive aftermarket community.

DENSO Announces Year-End Financial Results

Consolidated revenue totaled 7,144.7 billion yen (US$47.2 billion), a 11.6 percent increase from the previous year.

DENSO Announces Year-End Financial Results
HDA’s Colorado Brake & Supply Announces Acquisition

The HDA Truck Pride member has acquired Pueblo Brake & Clutch, Inc.

HDA's Colorado Brake & Supply Announces Acquisition