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Genuine Parts buying Europe's second-largest auto parts distributor for $2B
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By WiperTech008
Xiaomi SU7's Rapid Rise — What It Means for EV Parts Suppliers
Xiaomi’s entry into the EV market with the SU7 has made waves — not only with its sleek design and performance specs, but also with the speed of market acceptance. Over 15,000 confirmed orders in 24 hours for the SU7 Ultra signal strong demand and fast production ramp-up.
For auto parts suppliers, this raises key questions:
How will tech-driven automakers like Xiaomi reshape traditional sourcing models?
What role will flexible, high-speed supply chains play in supporting brands with consumer electronics DNA?
Are current EV component standards (motors, braking systems, wiper systems, etc.) ready for this new wave of players?
We’re seeing increasing demand for smart, integrated, and high-reliability parts. What challenges and opportunities do you see as EV tech companies enter the auto space?
Let’s discuss how our industry can stay ahead.
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By Counterman
The Auto-Wares Group of Companies announced its Certified Service Center network has reached 1,000 locations.
link hidden, please login to view credited shop owners, technicians and their teams who participate in the Certified Service Centers program. Certified Network Expands Across the Globe
Certified Service Centers operate under the Auto Value, Bumper to Bumper or Confidence Plus brands.
Independent owners run these locations across the U.S., Canada, Mexico, Honduras, El Salvador, Colombia, Europe and China.
link hidden, please login to view described the 1,000-location milestone as a proud moment. As vehicle technology advances, the company said it continues investing in innovation, education and support. Benefits for Certified Service Center Members
Auto-Wares detailed the benefits for a shop that joins the Certified Service Center Program.
Access to MyPlace4Parts, which Auto-Wares said is the industry’s most efficient e-commerce platform for ordering parts and supplies. An inventory of top-quality parts, tools and accessories. Marketing, communication, financial and tech support to help shops grow their business. A chance to compete in the national Technician of the Year program, recognizing the very best in the field. Quarterly rebates based on parts purchases, putting money back into their business.
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By Counterman
With a theme of “We the People,” the
link hidden, please login to view (The Group) held a successful national membership conference. The event took place at the Gaylord National Harbor in National Harbor, Maryland. Over 1,000 members, suppliers and associates attended the 2025
link hidden, please login to view. The event kicked off with an opening celebration linking the nation’s history to current aftermarket challenges and opportunities, including Right to Repair. A drum and fife corps opened the evening, followed by a unique look at history from Thomas Jefferson and Teddy Roosevelt. The Newsies then performed a musical stage production. The evening ended with a dinner and vendor expo.
Industry leaders outline shared goals
Day two of the Automotive Parts Services Group 2025 conference began with remarks from top industry leaders.
Sue Godschalk, CEO of Federated Auto Parts, Robert Roos, CEO of The Pronto Network, and JC Washbish, President and CEO of the Aftermarket Auto Parts Alliance, welcomed attendees. They discussed the size of The Group and its supported initiatives.
Jeff Koviak, CEO of The Group, followed with an inspiring message. He emphasized building a collaborative culture using combined strength, collective action and shared innovation.
One-on-one meetings strengthen supplier partnerships
The four-day event included over 4,800 one-on-one sessions between Group members and supplier partners.
Attendees also joined brand-specific meetings and a vendor expo. The conference concluded with a D.C. Block Party Afterglow Reception and Celebration.
“We thank all who attended the 2025 Automotive Parts Services Group conference who helped us conduct a very positive, productive and collaborative meeting,” said Koviak. “The event gave us the opportunity to review objectives, set goals and strengthen partnerships, putting into perspective the importance of ‘We the People’ to our mutual success.”
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By Advance Auto Parts
RALEIGH, N.C.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, will report financial results for its first quarter ended April 19, 2025, before the market opens on Thursday, May 22, 2025. The company has scheduled a conference call and webcast to begin at 8:00 a.m. ET on Thursday, May 22, 2025.
A live webcast will be available on the company’s Investor Relations website (
link hidden, please login to view). To join by phone, please link hidden, please login to view online for dial-in and passcode information. Upon registering, participants will receive confirmation with call details and a registrant ID. A replay of the conference call and webcast will be available on the company’s Investor Relations website for one year. About Advance Auto Parts
Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of December 28, 2024, Advance operated 4,788 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 934 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at
link hidden, please login to view.
Investor Relations Contact:
Lavesh Hemnani
T: (919) 227-5466
E: [email protected]
Media Contact:
Nicole Ducouer
T: (984) 389-7207
E: [email protected]
Source: Advance Auto Parts, Inc.
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By NAPA
ATLANTA, April 29, 2025 /
link hidden, please login to view/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced that its shareholders elected Ms. Laurie Schupmann as a new director of the company. Additionally, Messrs. Gary Fayard and Johnny Johns and Mses. Betsy Camp and Wendy Needham have each reached the mandatory retirement age for board members and have stepped down from their roles as directors. Prior to her retirement in 2023, Ms. Schupmann spent nearly 40 years with PwC, an audit and assurance, consulting and tax advisory firm, serving in various leadership roles of increasing responsibility, including as a Global Client Partner from October 1995 to June 2023.
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