Financial News Archives - Page 31 of 33 - aftermarketNews
Magna Announces 3rd Quarter Results

The company reports record sales for the third quarter, up 7 percent to $9.5 billion.

Uni-Select Reports 3rd Quarter Results With Solid Sales Growth By Canadian Automotive Group

Consolidated sales for the third quarter were $395.8 million, a 24.3 percent increase compared to the same quarter last year, driven by the sales generated from recent business acquisitions, adding sales of $84 million or 26.4 percent of which The Parts Alliance represents $55.7 million or 17.5 percent.

Motorcar Parts Of America Reports Fiscal 2018 2nd Quarter Results

MPA says its customer support services and testing equipment products are expected to further distinguish the company.

O’Reilly Automotive Reports 3rd Quarter 2017 Results

Sales for the third quarter ended Sept. 30, 2017, increased $119 million, or 5 percent, to $2.34 billion from $2.22 billion for the same period one year ago.

CenterOak Partners Acquires FullSpeed Automotive

FullSpeed Automotive was founded in 1978 and has more than 500 automotive centers across the U.S. and internationally. The company’s brands include: Grease Monkey, SpeeDee, LubePro’s and Monkey Shine car wash.

AAM Reports 3rd Quarter 2017 Financial Results

Third quarter net income increased by 40 percent on a year-over-year basis.

Lear Announces Closing Of Transactions

The offering follows the closing of a new $2 billion credit agreement announced Aug. 8, 2017.

Tenneco Amends And Restates Its Senior Credit Facility

The new senior credit facility consists of a $1.6 billion revolving credit facility and a $400 million term loan A facility, and replaces Tenneco’s former $1.2 billion revolving credit facility and $264 million term loan A facility.

O’Reilly Automotive Announces Additional $1B Share Repurchase Authorization

The additional $1 billion authorization is effective for a three-year period, starting May 10.

GPC Acquires Merle’s Automotive Supply; Posts First Quarter Sales And Earnings

The acquisition of Merle’s Automotive Supply expands GPC’s U.S. automotive footprint in Arizona.

Collision Industry Provides More Than $12M To Support School Programs, Students In 2016

More than $60 million has been provided since 2008 when the education foundation began its philanthropic focus of assisting collision school programs and students.

Bosch Aftermarket NA Continues The Giving Track Program For The 3rd Consecutive Year

Bosch-sponsored drivers are eligible to earn up to $38,000 for their selected charities during the 2017 Monster Energy NASCAR Cup Series Season.