Auto Part News Archives

“These investors apply a dip strategy. They buy what's down, not what's cheap.”

In 2005, Seth Klarman of Baupost Capital warned a group of Wharton business school students that a new class of "value pretenders" had emerged. via Fool.com

“We got them open in 2007, then got them sold.”

TULSA After two years of constructing Oklahoma stores, Advance Auto Parts intends to take a breather, company officials said. via The Journal Record

SINGAPORE, Dec. 28 /Xinhua-PRNewswire-FirstCall/ -- China Yuchai International Limited , the leading manufacturer and distributor of diesel engines in China, announced today that its subsidiary, Guangxi Yuchai ... via Earth Times

“Among its many valuable features, ALLDATA Manage gives us reminders when maintenance is due, enabling us to capitalize on each ticket per car.”

ALLDATA LLC has announced the release of its updated strategic Shop Management System -- ALLDATA Manage Elite. via PrimeNewswire

“We personally delivered the parts to Silver Hammer Northwest CARSTAR”

Keystone Automotive Industries and LKQ Corporation recently participated in the National Auto Body Council Recycled Rides Program, a nationwide vehicle donation program which provides safe and reliable vehicles ... via Automotive Body Repair News

“There is the noise factor to consider when there is outside eating on either side”

PORTAGE The Board of Zoning Appeals on Wednesday denied a special exception to allow a Discount Tire retail outlet to build on U.S. 6. Todd Mosher, of GreenbergFarrow of Arlington Heights, Ill., representing ... via The Times

Each store carries an extensive product line for cars, sport utility vehicles, vans and light trucks. via Blogging Stocks

PETAH TIKVA, Israel-- --ECI Telecom, a global provider of networking infrastructure, today announced that it has signed an agreement with Zhejiang Unicom, one of China Unicom's - 12/18/2007 - 03:00 AM TORONTO-- ... via Business Wire

“They don't ask you for price reductions. They basically just impose them”

PUEBLA, Mexico - She came home from the auto parts plant feeling faint, the burden of being six months pregnant and working an eight-hour shift on her feet with only a half-hour off for lunch. She wondered what would happen if she didn't take care of herself, but said her main concern was keeping her $55-a-week job at the Johnson Controls plant, regardless that she is paid nearly 40 percent less than those working beside her.

'It is very little. But I have to support my son,' said the small, almost birdlike woman in her 30s who asked that her name not be used out of fear she'd lose her job. She is just a lowly 'temporary worker' at the bottom of Mexico's auto parts industry. Such workers are growing in number as the country's partsmakers struggle to reduce costs to remain competitive. Read more

Minneapolis / St. Paul Business Journal - by John Vomhof Jr. Staff Writer Fortune 500 retailer Advance Auto Parts Inc. via Minneapolis/St. Paul Business Journal

AutoZone Inc. named Jon Bascom chief information officer replacing retiring CIO Ken Brame and Mark Finestone as senior vice president of merchandising. via Bizjournals

“When the temperature dips and ice and snow storms create potentially hazardous driving conditions, a well-maintained vehicle is critical to helping motorists drive safely”

Winter driving conditions can be hard on your car, affecting performance and safe operation. via PR-inside.com

About 140,000 Valucraft booster cables, made in China by AutoZone Parts Inc., are being recalled because the cables' clamps were assembled incorrectly, resulting in reverse polarity, which poses an electrical ... via CourierPostOnline

CSK Auto Corporation's preliminary third quarter 2007 results showed a decline in net sales, same store sales and same store retail sales. via Aftermarket Business

CSK Auto Corp., the Phoenix auto-parts retailer, swung to a fiscal third-quarter net loss from a year-earlier profit on 2.4% lower total sales and 3% lower same-store sales. via Market Watch

Brian Woods will re-join the Company as its Executive Vice President - Merchandising. via PR-inside.com

QC Holdings, Inc. , Transcat, Inc. and CSK Auto Corp. are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $750 million. via All Stories

“He talked it over with his parents, and they convinced him that he should turn himself in”

A former employee at an Advance Auto Parts in Jackson surrendered to police Saturday after allegedly trying to rob another Advance Auto Parts, police say. via The Clarion-Ledger

December 14, 2007 CSK Auto Corp. will release financial results for its third quarter of fiscal 2007 on December 17. via Customer Interaction Solutions

Additionally, the Company will host a conference call on Thursday, December 20, 2007, beginning at 5:00 p.m. , to discuss the results of the quarter. via PR-inside.com

The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. via US Consumer Product Safety Commission

AmeriResource Technologies, Inc. , a diversified holding company, announced that effective today it has completed its one-for-fifty reverse stock split and that its stock is now trading under the symbol ARRT. via Market Wire

“The concern here is that the new covenants brings to question what the cash flow situation is.”

CSK Auto Corp. shares are plummeting after the auto parts retailer disclosed in a regulatory filing that it is seeking an amendment to its credit agreement in order to minimize the possibility it won't be able ... via All Stories

Winter is here and that means you need to get your car ready. Here are a few simple tips from AutoZone that can save you a lot of trouble. via PrimeNewswire

“Now just might be the time for European companies and investors to take a second look at the U.S. auto-supply industry”

Dow Jones Newswires WASHINGTON - U.S. auto-parts companies, despite their recent propensity to crash into bankruptcy, are attracting growing numbers of private-equity investors and could also prove ... via Chicago Tribune

“Over the past 10 years with the Advance Auto Parts Super DIRTcar Series we have become big believers in dirt track racing”

Advance Auto Parts and the World Racing Group announced today the 2008 title sponsor agreement for the World of Outlaws Sprint Car Series . via Speed Channel

“We were pleased to report record sales and earnings performance for this quarter, as we continued to build momentum with our ongoing efforts to improve the customer shopping experience”

AutoZone Inc.'s fiscal first-quarter net income rose 7%, as the auto-retail industry weathers high gas prices and the ongoing credit crunch. via SmartMoney

AutoZone Inc., the largest U.S. retailer of automobile parts, reported first-quarter profit rose more than analysts estimated. via Bloomberg

Author: 123jump.com Staff 123jump.com Last Update: 7:21 AM EST December 07 2007 Autozone sales increased 4.5% in the first quarter to $1.5 billion on same store sales increased to 1.3%. Earnings per share ... via Ticker

“They have established either joint ventures or wholly owned businesses in China.”

In the first ten months this year, China exported $13.25 billion worth of auto parts products, up 30 percent year-on-year, China's Ministry of Commerce said. via The Auto Channel

Auto parts retailer AutoZone Inc. said Tuesday fiscal first-quarter earnings rose 7 percent on an increase in sales, particularly of parts with high profit margins. via Canadian Business Magazine

Advance Auto Parts, Inc. Advance Auto Parts, Inc. Company Profile - View Advance Auto Parts, Inc. via Charlotte Business Journal

Eight directors for AutoZone Inc. have acquired a total of 713 shares of the company's common stock, according to a filing with the Securities and Exchange Commission. via Bizjournals

AutoZone Inc , the largest U.S. auto parts retail chain, said on Tuesday quarterly earnings rose 7 percent, helped by the sale of higher-profit products. via Earth Times

Autozone is set to report earnings before the bell Tuesday and the CC is scheduled for 10 am. via Seeking Alpha

The board of directors of LKQ Corp., which supplies replacement systems and parts for light vehicles, has approved a two-for-one split of the company's stock. via Collision Repair Industry INSIGHT

The Pep Boys location 546 S. West St. closed Wednesday as employees geared up for a clearance sale. via Wichita Business Journal

“It has some real great places to draw retail talent”

The new boss at Roanoke's only Fortune 500 company won't work here. Darren Jackson, named on Thursday as Advance Auto Parts's new chief executive officer said Friday that he'll be located in a new regional ... via Roanoke Times

A quick look under the hood at Pep Boys suggests that the automotive retail and service chain has seen better days. via Investopedia