Advance Auto Parts Completes GPI Acquisition
According to Advance, the acquisition of General Parts accelerates the company’s growth strategy and enhances shareholder value through a number of strategic benefits.
World Discounts Joins Automotive Distribution Network As Parts Plus Member
The company has six stores in Buffalo and the surrounding area, all serviced overnight by the main warehouse.
Uni-Select Added To The S&P/TSX Canadian Dividend Aristocrats Index
The announcement was made Dec. 20 by the S&P Dow Jones Canadian Index Services.
ACDelco Introduces Associated Warehouse Program
The new program, effective Jan. 2, is designed to help independent auto parts warehouse distributors grow their businesses, increase profitability and improve efficiency by selling ACDelco parts to the independent aftermarket.
AutoZone Authorizes Additional Stock Repurchase
Since the inception of the repurchase program in 1998, AutoZone’s board has authorized $14.2 billion.
American Tire Distributors Acquires Wholesale Tire Distributors
The company says this acquisition will further strengthen ATD’s presence in the Southern Ontario region and provide a greater level of service to customers in the Toronto market.
Network’s West Springfield Auto Parts Acquires Controlling Assets Of Service Auto Parts
The warehouse distributor’s acquisition of Service Auto Parts, a locally owned business since 1929, fills a gap in its Connecticut coverage, said Michael Creanza, owner of West Springfield Auto Parts.
The Top 10 Distribution Stories of 2013
The editorial staff of aftermarketNews is proud to present the 10th annual AMN Year in Review, sponsored this year by Federated Auto Parts. Delivered exclusively this week to AMN subscribers in four special afternoon e-newsletters, we will take a look back at what you, our loyal readers, found to be the most compelling and important
Tri-States Automotive Warehouse To Use Epicor Vision Automotive Aftermarket Solution
Aftermarket Auto Parts Alliance member to consolidate headquarters, warehouse and store systems for increased operational speed and efficiency.
AutoZone Reports First Quarter Results
Net income for the quarter increased $14.6 million, or 7.2 percent, over the same period last year to $218.1 million, while diluted earnings per share increased 16.2 percent, to $6.29 per share from $5.41 per share in the year-ago quarter.
Network Meets With Australia’s Automotive Brands Group To Discuss International Industry Trends
Australia’s largest privately owned distributor and franchise operator, ABG provides independently owned auto stores and service dealers with business tools and marketing elements to more effectively compete, much like the Network’s Parts Plus and Auto Pride programs.
Advance Auto Parts Refinances Credit Facility
Advance has entered into a new $1 billion unsecured revolving credit facility and a $700 million unsecured term loan, proceeds of which will be used to finance the company’s recently announced acquisition of GPI.