Pep Boys To Award $100K In Scholarships To Aspiring Techs
Centennial celebration of annual scholarship program will enable students to “Go Further” in automotive careers.
Pep Boys Celebrates International Women’s Day
Two California locations offered free car care clinics and multi-point inspections.
Kevin Sheehan Replaces Daniel Ninivaggi On Navistar Board Of Directors
In addition to his board appointment, Sheehan has been appointed to the board’s audit and compensation committees.
Tenneco Closes On Federal-Mogul Acquisition
“Today marks an important step for Tenneco as we progress toward the transformation of our company into two strong, leading global businesses with the scale and financial flexibility to drive long-term value creation,” said Brian Kesseler, co-CEO, Tenneco.
Tenneco To Acquire Federal-Mogul; Plans To Create 2 Independent, Public Companies With Acquisition
The acquisition is expected to be value accretive and will generate synergistic opportunities of at least $200 million in annual earnings and $250 million in working capital.
Aftermarket’s Strong, Steady Growth Contributes To Increased M&A Activity In 2016, With More To Come In 2017
“AASA is a strong advocate of the vibrancy of the aftermarket and the significant contributions to the U.S. economy by vehicle parts manufacturers, especially in providing manufacturing jobs for our nation,” said Bill Long, AASA president and chief operating officer.
Continuing The Industry Effort To Educate Techs On ‘Quality’ Parts
For more than a decade, the automotive aftermarket supplier industry has acknowledged the need for better promotion and education for technicians on the investment, services and R&D that goes into creating and supporting quality parts. However, the question of what makes a part a “quality” part is still a subjective one.
Federal-Mogul Motorparts Acquires Beck/Arnley
Federal-Mogul says this acquisition enables the expansion of foreign nameplate coverage for aftermarket customers.
Federal-Mogul Reports First Quarter 2016 Results
Net sales for the first quarter were $1,897 million, compared to $1,835 million in the first quarter of 2015, a $62 million or 3 percent increase.
Brent Windom Named President And CEO Of Auto Plus And Pep Boys; Announces Appointment Of Executive Team
Windom, a more than 30-year veteran of the automotive aftermarket who previously served as president and CEO of Auto Plus, will lead the integration of Auto Plus and Pep Boys. He also announced his combined leadership team for the two companies.
