Data Did You Know: While it remains hard to buy a new car, consumers are spending lots of money on their existing vehicles. According to the Census Bureau, spending at auto parts, accessory and tire stores in June was up 11.1% over June 2021. Some of that increase is due to inflation, but as the chart below shows, sales have stayed consistently higher since the end of the lockdown.
Plans include focusing on new locations, stockholders, and suppliers to serve the growing market.
Powered by more than 100 locations and 15 years of serving the parts and service needs of commercial vehicle owners throughout Mexico, VIPAR Heavy Duty announced plans to expand its operations and network in Latin America.
“VIPAR Heavy Duty is focused on growing our business in Mexico, Central America and Colombia," said Chris Baer, VIPAR Heavy Duty president and CEO. "Plans are underway for existing distributors to open new locations. We will also be strategically adding new stockholders and new suppliers to best serve Latin American markets. This is a growth opportunity for all participants."
Endgame strategies, Tartaglione explains, encompass the owner’s objectives for the business, including passing it on to the next generation, selling to a competitor or bringing in a financial partner.
MAHLE noted it made significant progress in reducing its CO2 emissions, and increasing the use of renewable electricity.
In this role, Rob Schroeder will oversee all of material handling, port, earthmoving and agriculture tire business in the US and Canada.
The company is now offering OE recycled engines, in addition to its expansive line of OE recycled transmissions and transfer cases.
One winner of a $100 gift card will be named each Thursday for 10 weeks on the Mitchell 1 Facebook page.
Adam Wadecki currently serves as senior vice president of internal audit.
This live, two-day educational program is open to anyone who works with the aftermarket standards ACES and PIES, or who would benefit from developing a general knowledge base on them.
The Certified Automotive Parts Association announced the election of four members to its board of directors and three members to its technical committee.
