Did You Know? The Auto Care Association/AASA Joint Channel Forecast is calling for the split between DIFM and DIY sales to stay at 80%/20% at least through the year 2023.
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Genuine Parts Company said the acquisition advances its strategic initiative to own more stores in priority markets.
Genuine Parts Company (GPC), global distributor of automotive and industrial replacement parts, announced it acquired Motor Parts & Equipment Corporation (MPEC), effective April 30, 2024, for its U.S. Automotive business.
MPEC, founded in 1938 and based in Rockford, Illinois, is the largest independent owner of NAPA Auto Parts stores in the U.S., operating 181 locations across Illinois, Indiana, Iowa, Michigan, Minnesota and Wisconsin, according to GPC.
From April 26-28, eight winners and their guests enjoyed an all-expense-paid trip to Charlotte, NC, to witness the NHRA Four Wide Nationals, including access to Kalitta Motorsport’s hospitality tent.
Akebono said it expanded its severe-duty ultra-premium disc brake pad line by 14 new part numbers.
Lumileds has expanded the Philips Ultinon Drive 5000 series to include eight models.
Paul Donahue (at left) will transition from chairman and CEO to executive chairman. William Stengel, II, currently president and COO, will succeed Donahue as president and CEO of GPC and will serve as a member of the board of directors.
Twenty-two new import part numbers, as well as 39 new pulley and tensioner part numbers, are immediately available.
Brian Martin joins the company as business development manager for North America.
Matthew Steinmetz was named field marketing rep and Kaysie Keen was promoted to a newly created position of field marketing manager.
Representatives from more than 2,000 companies prepare to select their exhibit space during Priority Space Selection, April 29-May 15.
