Top 5 Stories of the Week

Top 5 Stories of the Week

A recap of the top five stories on aftermarketNews during the week of Sept. 5.

Nikola Commences Exchange Offer to Acquire Romeo Power

On Aug. 1, Nikola and Romeo jointly announced they had entered into a definitive agreement for this all-stock transaction.

Read more here.

Elgin Offers New OE-Design Lifter And Guide Sets

The new range is available for General Motors LS Series engines.

Read more here.

Registration Now Open for MACS 2023 Training Event, Trade Show

The event will take place at the Gaylord Opryland Resort and Convention Center, Feb. 2-4, 2023.

Read more here.

Gridiron Capital Partners with M&D Distributors

M&D serves as a one-stop solutions provider with a focus on heavy-duty and high-horsepower vehicles used in the trucking, infrastructure, agriculture, marine and transportation markets.

Read more here.

Magna and Cartken Collaborate on Autonomous Delivery Robots 

Magna to scale Cartken’s autonomous delivery robots, with production taking place at a Magna facility in Michigan.

Read more here.

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VIPAR HD Announces Latin America Expansion Plans

Plans include focusing on new locations, stockholders, and suppliers to serve the growing market.

VIPAR hold semi-annual meeting

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."

Preparing for the ‘End Game’

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.

Preparing for the 'Endgame'
MAHLE Releases 2023 Sustainability Report

MAHLE noted it made significant progress in reducing its CO2 emissions, and increasing the use of renewable electricity.

MAHLE Releases 2023 Sustainability Report
Continental Appoints New ‘Head of Region’ for the US, Canada

In this role, Rob Schroeder will oversee all of material handling, port, earthmoving and agriculture tire business in the US and Canada.

Continental Rob Schroeder
Transtar Industries Continues Rapid Product Line Expansion 

The company is now offering OE recycled engines, in addition to its expansive line of OE recycled transmissions and transfer cases.

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Mitchell 1’s ‘Thank You Thursdays!’ Sweepstakes Announced

One winner of a $100 gift card will be named each Thursday for 10 weeks on the Mitchell 1 Facebook page. 

Mitchell 1’s ‘Thank You Thursdays!’ Sweepstakes Announced
Eaton Names Senior Vice President and Controller

Adam Wadecki currently serves as senior vice president of internal audit.

Eaton Names Senior Vice President and Controller
University of the Aftermarket Encouraging Registration for Data Standards Course

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.

CAPA Elects New Members to Board of Directors, Tech Committee

The Certified Automotive Parts Association announced the election of four members to its board of directors and three members to its technical committee.