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O’Reilly Automotive, Inc. Announces Dates for Its Third Quarter 2020 Earnings Release and Conference Call
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By NAPA
Chase Elliott and the No. 9 link hidden, please login to view team qualified ninth for Sunday’s NASCAR Cup Series race at Kansas Speedway. Elliott finished stage one in 10th and followed that up with an 11th-place result in stage two. The 28-year-old driver lined up fourth for an overtime restart in the final stage, driving to a third-place finish. It was Elliott’s second consecutive top-five result and his fifth top-five in the last six Cup Series races. The 2020 NASCAR Cup Series champion ranks third in the points standings, just 55 markers behind the leader. Chase Elliott started ninth in Sunday’s rain-delayed NASCAR Cup Series race at Kansas Speedway and was scored in the 14th position on lap 10 when he reported that his No. 9 NAPA Auto Parts Chevrolet Camaro ZL1 was tight. As the run went on, he radioed that his Chevy’s handling was coming to him. Elliott was in 15th when green-flag pit stops started near lap 30. Crew chief Alan Gustafson called the driver of the No. 9 to pit road on lap 33 for four tires, fuel and an air-pressure adjustment. He was back inside the top 15 once the field cycled through pit stops. By lap 62, he found his way to 10th where he remained to end stage one on lap 80.
After pitting for four tires and fuel during the stage break, Elliott took the green flag for stage two from the ninth position on lap 89. A chaotic restart shuffled the 28-year-old driver back to 15th, but as the run went on, he made up ground and climbed to 12th by lap 113. As green-flag pit stops were drawing near, Gustafson asked Elliott for feedback on the NAPA Chevrolet. After receiving positive comments from his driver, Gustafson radioed for Elliott to visit pit road on lap 119 for four tires, fuel and an air-pressure adjustment. Once the pit cycle was complete, Elliott was back up to 12th and continued to close in on the cars ahead of him. By lap 143, he re-entered the top 10. He battled hard to remain in the 10th position, but another car just barely beat him to the line to finish stage two, relegating Elliott to 11th.
Under the stage-ending caution, Elliott reported that he really liked his NAPA Chevy’s balance. He brought the No. 9 Chevrolet to the attention of his pit crew for fuel and four fresh tires. A fast stop gained Elliott three spots on pit road. He started the final stage from the eighth position on lap 173. The early portion of the stage was plagued with cautions, with Elliott and the No. 9 team opting not to pit during the first few yellow flags. When the caution came out again on lap 198, Elliott pitted from the ninth position for four tires and fuel. Varying pit strategies put Elliott in the 20th position as the field lined up for the choose cone. He took the outside lane for the restart on lap 205 and powered his way back inside the top 15 on lap 208. Elliott continued his climb forward, reaching 10th less than 10 laps later. As the long green-flag run went on, he gained two more positions. Elliott was in eighth after a caution came out on lap 261, which sent the race into overtime. When pit road opened, Gustafson called Elliott in for right-side tires and fuel. Elliott was the fourth car off pit road, with the top nine cars all taking two tires. The 2020 Cup Series champion lined up on the outside of the second row for the overtime restart. He battled intensely in the final two laps to take the checkered flag in the third position.
The finish was Elliott’s second consecutive top-five finish and his fifth top-five in the last six Cup Series races. The Hendrick Motorsports driver leaves Kansas Speedway third in the Cup Series points standings, just 55 markers behind the leader.
Start / Finish: 9 / 3
Points Standing / Total: 3rd / 412 pts. (-55)
Next Race: Sunday, May 12, Darlington Raceway
How to Watch or Listen: 3:00 p.m. ET on FS1, MRN or SiriusXM
NAPA:
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By Counterman
he Automotive Communications Council announced speakers for its upcoming conference, May 21-23, in Cleveland, OH.
link hidden, please login to view While the complete agenda will be released soon, ACC provided this sneak peek at some of the thought leaders who will share their knowledge on the latest trends, strategies and innovations in automotive communications.
While the complete agenda will be released soon, ACC provided this sneak peek at some of the thought leaders who will share their knowledge on the latest trends, strategies and innovations in automotive communications.
· Matt Buckholtz, CEO, MotoRad
· Peter Bulmer, Founder and CEO, Turnkey Media
· Kathleen Long, Chief Revenue Officer, RepairPal
· Jacki Lutz, Content Director, Auto Care Association
· Steffanie Martin, Executive VP, MBE Group
· Lauren McCulough, Founder & CEO Tromml
· Chris Messer, VP/Group Publisher, Endeavor Business Media
· Stacy Miller, VP, Communication, Auto Care Association
· Catherine Wasner, Founder & Lead Consultant, The Next Page
Themed “Backstage Pass,” this event “promises to take you behind the scenes of the automotive aftermarket industry, showcasing the latest innovations, strategies, and insights from leading experts in the field,” ACC said.
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By NAPA
ATLANTA, May 1, 2024 /
link hidden, please login to view/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today an acquisition for its U.S. Automotive business. Effective April 30, 2024, the company acquired Motor Parts & Equipment Corporation (MPEC). MPEC, founded in 1938, is based in Rockford, Illinois. It is the largest independent owner of NAPA Auto Parts stores in the U.S., operating 181 locations across Illinois, Indiana, Iowa, Michigan, Minnesota and Wisconsin.
"We are pleased to announce the completion of this strategic acquisition, which aligns with our initiative to own more NAPA stores in priority markets," said Will Stengel, President & CEO-elect of GPC. "We appreciate our long-standing partnership with MPEC's Executive Chairman, Joseph Hansberry, and welcome our new MPEC teammates to GPC and NAPA. We are excited to work together to deliver solutions and value to our customers."
About Genuine Parts Company
Established in 1928, Genuine Parts Company is a leading global service organization specializing in the distribution of automotive and industrial replacement parts. Our Automotive Parts Group operates across the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal, while our Industrial Parts Group serves customers in the U.S., Canada, Mexico and Australasia. We keep the world moving with a vast network of over 10,700 locations spanning 17 countries supported by more than 60,000 teammates. Learn more at
link hidden, please login to view. SOURCE Genuine Parts Company
For further information: Investor, Timothy Walsh, (678) 934-5349, Senior Director - Investor Relations; Media, Heather Ross, (678) 934-5220, Vice President - Strategic Communications
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By AutoZone
MEMPHIS, Tenn. , April 30, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas , will release results for its third quarter ended Saturday, May 4, 2024 , before market open on Tuesday, May 21, 2024
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By Counterman
Paul Donahue (at left) will transition from chairman and CEO to executive chairman. William Stengel, II, currently president and COO, will succeed Donahue as president and CEO of GPC and will serve as a member of the board of directors.
Genuine Parts Company announced that Paul D. Donahue will transition from chairman and CEO to executive chairman, effective June 3, 2024. At that time, William P. Stengel, II, currently president and COO, will succeed Donahue as president and CEO of GPC and will serve as a member of the board of directors.
“The board is confident that Will is the right person to lead GPC into the future and that the company is positioned to continue delivering value to our customers and shareholders,” said John D. Johns, lead independent director of GPC’s board of directors. “During his tenure at GPC, he’s worked closely with Paul to shape the company’s strategic priorities and with the global leadership teams to evolve the business and deliver outstanding performance.”
Stengel joined the company in 2019 as executive vice president and chief transformation officer with nearly two decades of leadership and professional experience. In 2021, he was promoted to serve as only the eighth president in the company’s history. His role expanded to president and chief operating officer in 2023. Prior to joining GPC, he served in various executive leadership roles at HD Supply, including as president and CEO of HD Supply Facilities Maintenance, as well as at The Home Depot and in various investment banking roles.
“I am humbled and honored for the opportunity to lead Genuine Parts Company and especially grateful for my GPC teammates and the support of Paul and the board of directors,” said Stengel. “We will continue to build on the strong foundation laid over many years as we work to deliver solutions for our customers, invest in talent and capabilities and create value for our shareholders.”
“On behalf of the board of directors, I want to extend our heartfelt appreciation to Paul for his remarkable leadership spanning over two decades, culminating as chairman and CEO,” said Johns. “Under his leadership, the company simplified its business mix, expanded its global footprint and delivered significant shareholder value. Paul’s positive impact on GPC has been remarkable, and we look forward to his continued guidance as he transitions to his new role as executive chairman.”
“I am incredibly proud of all we have accomplished as One GPC team, and equally grateful for the 20+ years I have been privileged to work for this amazing company. As I transition from the CEO role, I am pleased to welcome Will as only the sixth CEO in our company’s 96-year history,” said Donahue. “I have every confidence in Will, our global leadership teams and our board of directors to deliver on our vision to be the leading global automotive and industrial parts distributor and solutions provider.”
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