ATP - Inc. Acquired By The Lodi Group

ATP – Inc. Acquired By The Lodi Group

The assets of ATP - Inc. have been acquired by The Lodi Group of Monterrey, Mexico. Under new ownership, the company begins operation as Automotive Technology Products LLC, effective immediately with no disruption in business.

The assets of ATP – Inc. have been acquired by The Lodi Group of Monterrey, Mexico. Under new ownership, the company begins operation as Automotive Technology Products LLC (ATP), effective today with no disruption in business.

The company says its first priority is to restore order fill to its extensive customer base and continue a long tradition of supplying the highest-quality with excellent customer service, near term.

“As an OE manufacturer of flywheels, flexplates, ring gears and other related powertrain products, The Lodi Group is proud to add Automotive Technology Products to our family of companies serving the automotive aftermarket in North America and the rest of the world. With manufacturing capacity in place and redeployment of existing inventories, personnel and equipment, we plan to return service levels to normal and business as usual in a very short time,” said Jorge Frias, president of Automotive Technology Products LLC.

Automotive Technologies Products LLC is an aftermarket supplier of transmission parts, kits chemicals and filters as well as flywheels, flexplates and cables. In addition, its Graywerks line of hard parts complete its broad product offering. The Lodi Group owns manufacturing facilities in North America as well as automotive aftermarket supply companies specializing in powertrain and power transmission components.  

You May Also Like

Auto Parts 4 Less Reports Substantial Revenue Growth

The company attributes the growth to strategic initiatives and its LiftKits4Less.com platform, which was reactivated five months ago.

Auto Parts 4 Less Group Inc. Announces Growth Strategy

Auto Parts 4 Less Group Inc. announced significant revenue growth following its strategic initiatives.

Christopher Davenport, CEO and Founder of Auto Parts 4 Less Group Inc. stated, "We are thrilled to report a significant increase in our revenue over the first quarter of this year. Our revenue climbed from $48,573 in January to $102,409 in March, marking an impressive growth of 111%. This success is primarily driven through our LiftKits4Less.com platform, which we reactivated just five months ago. Additionally, while our subsidiary, Auto Parts for Less Inc., reported a P&L net loss of approximately $5,500 for March, we are very close to achieving a break-even point, which is a testament to our efforts in controlling the burn rate.

Auto Parts 4 Less Announces Investment from RB Capital

Auto Parts 4 Less announced it has completed the first tranche of funding from RB Capital Partners.

Auto Parts 4 Less Group Inc. Announces Growth Strategy
Advance Auto Parts Reports Q4, Full Year 2023 Results

President and CEO Shane O’Kelly said Advance continues to act with a sense of urgency to “return to profitable growth.”

financial results
AutoZone Reports Q2 Results with Increases in Same Store Sales

During the quarter, AutoZone opened 19 new stores in the U.S., while adding six new stores in Mexico and four in Brazil.

Dana Inc. Reports 2023 Record Sales and Q4 Earnings

For the full-year 2023, Dana reported sales of $10.6 billion, up from $10.2 billion in 2022.

AAM Reports Q1 2024 Financial Results
Other Posts
LKQ Corp. Announces Q4, Full Year 2023 Results

President and CEO Dominick Zarcone expressed satisfaction with the company’s results amid macroeconomic challenges.

Standard Motor Products Releases Q4, 2023 Year-End Results

Eric Sills, chairman and CEO, said the company is looking to continue to find ways to better service customers and explore opportunities to partner for growth in 2024.

AAM Reports Q1 2024 Financial Results
Phinia Reports Q4 Results & 2024 Outlook

Phinia reported that it expects strong earnings and cash generation in 2024, driven by operational efficiencies, and growth in aftermarket sales.

financial results
GPC Delivers on 2023 Financial Goals

GPC reported mid-single-digit total sales growth and its third consecutive year of double-digit earnings growth.