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Top 5 Stories Of The Week

A recap of the top five stories on aftermarketNews during the week of July 27.

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First Brands Group (formerly TRICO Group) Acquires Brake Parts Inc. And Champion Laboratories Inc.

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First Brands Group, a global automotive parts manufacturer, has acquired Brake Parts Inc (BPI), which manufactures and markets brake products including the full line of Raybestos branded brake parts, and Champion Laboratories Inc., a full-line filtration manufacturer with LuberFiner as a leading brand.

Read more here.

Fisker Inc. Announces Board Of Directors

Fisker Inc., a developer of eco-friendly electric vehicles, recently announced the composition of its board of directors, which has been designed anticipating the completion of its merger with Spartan Energy Acquisition Corporation, a special purpose acquisition company sponsored by an affiliate of Apollo Global Management, Inc.

Read more here.

U.S. Auto Parts Network Is Now CarParts.com

U.S. Auto Parts Network, Inc. recently announced it has formally changed its name to CarParts.com, Inc. Following its sales growth and its inclusion in the Russell 2000 Index, the company decided it needed a name that reflected the tech-forward company it has become. 

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Read more here.

Shiloh Industries Reports Q2 Fiscal 2020 Results

Shiloh Industries, Inc., an environmentally focused global supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and other industrial markets, recently reported financial results for its fiscal 2020 second quarter ended April 30, 2020.

Read more here.

Auto Care Association Responds To NHTSA Ballot Question

A data access referendum will be included as “Question 1” on the ballot for Massachusetts voters this November.

Read more here.

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