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. 21.

SK Innovation Accelerates Hiring At EV Battery Site In Georgia

SK Innovation is investing $2.6 billion and creating 2,600 jobs to build two EV battery plants at the site in Commerce, GA.

Read more here.

XL Fleet To Merge With Pivotal Investment Corporation II

Upon closing, the combined company will be named XL Fleet.

Read more here.

KPS Agrees To Acquire Garrett Motion

KPS will acquire substantially all of the assets of Garrett for approximately $2.1 billion.

Read more here.

Dorman Rolls Out New Line Of Heavy-Duty Collision Parts

The line includes bumpers, bumper covers, fender splash shields, bezels, grilles, fairings, headlights, marker lights and more.

Read more here.

A Reimagined Virtual Buy & Sell For Bestbuy Distributors

The popular one-on-one meetings between Bestbuy shareholders and vendors occur every September.

Read more here.

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Grote Names Star Safety Technologies’ Regional Sales Manager

Gunther Hochapfel brings more than 18 years of experience in the safety and warning technology industry to the company.

Grote Industries and Star Safety Technologies announced the appointment of Gunther Hochapfel as the new regional sales manager. Hochapfel brings over 18 years of experience in the safety and warning technology industry to the company.

Hochapfel previously served as a sales leader and applications specialist at a Canadian warning light manufacturer for nearly two decades. His tenure there was marked by significant contributions to the industry, including playing a pivotal role in driving the evolution of the Canadian marketplace from strobe to LED warning lights, according to Grote. Hochapfel also developed highly successful snowplow warning light programs for various ministries of transportation across Canada, showcasing his innovative approach and technical expertise.

Standard Motor Products Introduces 268 New Numbers

The release provides new coverage in 75 product categories and 80 part numbers for 2023 and 2024 model-year vehicles, SMP said.

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
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

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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.

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