FullSpeed Automotive, the franchisor and operators of automotive aftermarket repair facilities, announced that it completed the acquisition of 25 quick lube and automotive service centers in the Dallas-Ft. Worth market. The acquisition included four different automotive center brands, with the majority being Kwik Kar Automotive Lube & Service Centers. FullSpeed Automotive has now completed another […]
Group 1 Automotive Acquires Nine Franchises in the U.K.
Group 1 Automotive, Inc. (NYSE: GPI) today announced the expansion of its U.K. operations with the acquisition of nine businesses northeast of London, primarily in the region of East Anglia. These operations represent the family of brands offered by the Volkswagen Group, along with one Citroen dealership with major locations in the cities of Norwich, […]
RepairSmith Acquires More Automotive Group
Car repair startup expands its mobile fleet service in Northern California, launches location-based service for property managers and corporate office parks. RepairSmith today announced the acquisition of More Automotive Group, a provider of mobile repair and maintenance services for fleets, property managers and corporate office parks in the San Francisco Bay Area and Sacramento. With […]
Pep Boys Announces Top Techs
Service technicians are recognized for outstanding performance and showing how #TechsGoFurther Pep Boys is celebrating Automotive Service Professionals Week by announcing its Top Techs, the winners of its annual tech of the year award. The Company recognizes automotive technicians annually in each of its business regions who demonstrate performance excellence, a commitment to continuous training […]
Universal Technical Institute Reports Revenue Up 1.3%
New student starts were up 11.2 percent for the fiscal second quarter and 12.7 percent year to date. Universal Technical Institute, Inc. (NYSE: UTI) reported revenues increased 1.3 percent to $81.7 million, driven by higher average full-time enrollment in its fiscal 2019 second quarter ended March 31. The increase occurred despite one less earning day […]
Permatex Reorganizes Sales Force
New team structure better aligned to meet needs of distributors and accounts in traditional channel. Permatex announced the reorganization of its sales force. The new alignment was driven by the evolving needs of the marketplace and puts Permatex in a better position to service its traditional channel partners and keep them up to date with […]
Auto Care Association Legislative Summit September 18-19
The Auto Care Association announced that its Legislative Summit will take place Sept. 18-19 at the Hyatt Regency Washington on Capitol Hill in conjunction with 2019 Auto Care Association Fall Leadership Days. Leadership Days is a three-day event for the association’s top volunteers and engaged members to discuss industry issues and drive association initiatives. With […]
U.S. Department of Labor Recovers $96,511 for Arkansas Tire Shop Employees
After an investigation by the U.S. Department of Labor’s Wage and Hour Division (WHD), Rental Concepts LLC – doing business as RNR Tire Express in Springdale, Arkansas – has paid $96,511 in back wages to 239 employees to resolve systemic violations of the Fair Labor Standards Act (FLSA) overtime provisions. The employer also violated the […]
Genuine Parts Company Acquires Hennig Fahrzeugteile Group in Germany
Hennig has 31 branches in Germany. The Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business. Alliance Automotive Group (AAG), GPC’s wholly-owned automotive distribution company based in London, U.K., has entered into an agreement to acquire Hennig Fahrzeugteile Group. The transaction is expected to close by August 1, and is […]
Aftermarket Applauds FTC’s Compliance Warning to Hyundai on Warranty Requirement for OEM Parts
On April 9, 2018, the Federal Trade Commission (FTC) issued a “compliance warning” to Hyundai Motor Company regarding violations of the Magnuson Moss Warranty Act (MMWA)’s prohibition against tie-in sales of branded products and services as a condition of warranty coverage. FTC specified the following website statement as problematic: “The use of Hyundai genuine parts […]
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