Strauss Discount Auto Files Bankruptcy - aftermarketNews

Strauss Discount Auto Files Bankruptcy

MEMA Financial Services Group (MFSG) has reported that Strauss Discount Auto declared Chapter 11 bankruptcy on June 4.

From MEMA Financial Services Group Reports          

MEMA Financial Services Group (MFSG) has reported that Strauss Discount Auto declared Chapter 11 bankruptcy on June 4. All locations of the business have been closed and, according to a Strauss executive, there are parties interested in acquiring portions of the business.
 
MFSG encourages any vendor with recent sales to file a reclamation or 503(b)(9) claim. MFSG will continue to provide updates on this bankruptcy case as details become available.
 
Editor’s Note: MEMA Financial Services Group is the wholly owned credit reporting subsidiary of MEMA. For more information, visit www.memafsg.com.
 

You May Also Like

Hyundai’s Sung Woo Shin Joins Stradvision Board of Directors

Sung Woo Shin brings more than 20 years of automotive industry expertise to advance autonomous driving tech.

Hyundai_Motor_Company_s_SUNG_WOO_SHIN

Stradvision, an automotive technology company, has announced the appointment of Sung Woo Shin from Hyundai Motor Company to its board of directors.

Shin, who brings over 20 years of experience in the automotive industry, is currently the vice president at Hyundai overseeing Corporate Venture Capital investments, which include hundreds of direct investments and 17 funds. He holds a Bachelor of Science in Industrial Engineering from Purdue University and an MBA from China Europe International Business School (CEIBS).

New York City School Bus Electrification Project Awarded

“Electrifying School Buses in the Bronx” won the 2024 Power Player of the Year award in the Transportation category from the Smart Electric Power Alliance.

New York City School Bus Electrification Project Wins 2024 “Transportation Power Player” Award
ASE Supports SkillsUSA Mission to Develop Next Generation

ASE staff serves on technical committees and provides tests for the competitions and educational support from the ASE Education Foundation.

Cal Ganda’s Continental Journey: From Manufacturing to Aftermarket Leadership

As Head of Aftermarket Distribution at ContiTech Industrial Solutions Americas, Cal embodies servitude leadership, prioritizing team success and customer-centricity.

AMN Drivetime Cal Ganda
MEMA Applauds Biden Administration Initiative to Support Suppliers

The announcement of more than $100 million in funding and a suite of strategic actions is in support of small- and medium-sized auto parts manufacturers and autoworkers.

MEMA Applauds Biden Administration Initiative to Support Suppliers

Other Posts

Tint World and XPEL Announce Partnership

This collaboration will introduce the “Tint World powered by XPEL” range of co-branded products.

Tint World
DMA Adds New BrakeMaster Coverage

New coverage for Ford and Chevy includes popular pickup trucks and SUVs.

Brakemaster
SRNA Promotes Horne to Strategic Account Manager

Wayne Horne has been a part of SRNA for nearly eight years and held various roles throughout his tenure, starting in customer service.

SRNA Wayne Horne
HDA Truck Pride Recaps 2024 Annual Meeting

The HDA Truck Pride community celebrated a successful year, marked by the addition of over 130 new locations across North America.

HDA Truck Pride Recaps 2024 Annual Meeting