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Icahn selling auto parts maker Federal Mogul to Tenneco for $5.4 billion
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By OReilly Auto Parts
SPRINGFIELD, Mo., July 01, 2022 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its second quarter 2022 results as Wednesday, July 27, 2022, with a conference call to follow on Thursday, July 28, 2022.
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By Counterman
Bosch has introduced Bosch 360, a new custom-fit wiper-blade combo package for sport-utility vehicles (SUVs) and crossover vehicles (CUVs).
Currently available on
link hidden, please login to view, the new offering from Bosch includes vehicle-specific wiper blades for front-windshield and rear-window applications in a single, convenient package for the most popular foreign and domestic SUVs and CUVs on the road today. With the introduction of Bosch 360, Bosch states that it becomes “the first automotive parts supplier to address a long-standing problem for SUV and CUV owners by eliminating the need to purchase two or three wiper blades separately.” The all-in-one solution also helps vehicle owners adhere to consistent, regular vehicle-maintenance schedules and it helps SUV and CUV owners avoid a common mistake: forgetting to replace their rear wiper blade.
Bosch 360 features Dual-Strike technology, a double-steel clamping construction to handle harsh driving conditions for superior blade robustness and durability. In addition, Bosch 360 wiper blades are made with HydroDefense technology, which precisely applies liquid graphite to each blade’s rubber element to combat daily wear from salt, bugs and road debris for all-season versatility.
“At Bosch, we’re constantly working to respond to our customers’ needs,” said Thu Teesdale, director of product management and marketing at Bosch. “Bosch 360 represents the latest example of our efforts to bring innovative new solutions to the automotive aftermarket by making purchasing decisions easier for busy families or individuals who drive SUVs and crossovers, two of the highest-selling vehicle segments today. By packaging high-quality and reliable driver, passenger and rear wiper blades together for specific vehicles, we have also set a new standard of quality, safety and convenience for our customers.”
For more information regarding Bosch and its products, visit
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By Counterman
TNT Parts announced that it has added Lithonia, Georgia-based D&J Supply Inc. to its team through an acquisition.
As a family-owned/-operated business for more than 45 years in east Atlanta, D&J brings a wealth of knowledge in the aftermarket heavy-duty truck-parts industry combined with a talented team delivering exceptional customer service.
“We are thrilled to have a company of the quality of D&J join TNT Parts,” said Dale Herold, CEO of Tidewater Fleet Supply/TNT Parts. “Our continued goal is to be the customer’s first choice as the best provider for their heavy-duty truck and trailer and equipment parts needs. We are committed to exploring new ways to better serve our customers today and in the future. Partnering with D&J allows us to increase the number of customers we can reach and also positions us to take care of their other aftermarket parts needs.”
In a press release, Jeff Schubach and Dan Schubach, presidents of D&J Supply Inc., said: “We chose to join Tidewater Fleet Supply/TNT Parts because of their company culture. How they care for their employees and how they care for their customers was a perfect fit for us.”
D&J Supply joining TNT Parts brings together two highly rated, honest and reputable local companies that care, and are perfectly positioned to support the needs of truck fleets and individual operators and repair shops in the Atlanta metro area, TNT added. Both companies are, and remain, part of VIPAR Heavy Duty, North America’s leading network of independent aftermarket truck-parts distributors.
Hart Marx Advisors facilitated the acquisition. The financial terms of the purchase were not disclosed.
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By Counterman
Advance Auto Parts announced it has opened 22 new stores in the Los Angeles market as part of the company’s broader strategic expansion into the Western United States.
In spring 2021, Advance announced its plan to expand into California by leasing 109 Pep Boys stores and converting them to Advance stores, more than half of which are in the Los Angeles area.
“We estimate that 70% of our customers in Los Angeles fit the profile of the classic do-it-yourselfer. Pairing that with the more than 7.6 million registered vehicles in Los Angeles’ unique car culture, this is a tremendous opportunity for Advance to bring care and speed to motorists through expert advice and best-in-class products and services,” said Tom Greco, president and chief executive officer of Advance. “Our timing couldn’t be better as the average vehicle age increases while used car and gasoline prices are rising, resulting in greater demand for vehicle maintenance.”
Vehicle owners in Los Angeles and other parts of the West will gain access to everything Advance stores offer, such as free curbside and in-store pickup within 30 minutes of ordering online, as well as some of the most trusted automotive brands in the world, including DieHard, the company noted. In response to the emerging popularity of hybrid and electric cars, Advance last month introduced the DieHard EV battery – the first-to-market 12-volt battery designed specifically for hybrid and electric vehicles and sold exclusively at Advance.
Advance also will support local communities and professional technicians across California by employing approximately 1,850 team members in the state when all 109 stores are converted, including staffing the company’s newly opened 45,000-square-foot “super hub” flagship location, centrally located off the 10 and 110 freeways in the Pico Union neighborhood near downtown Los Angeles.
With a growing need to service the approximately 14 million registered vehicles in California, including an increased number of electric and hybrid vehicles, Advance also brings the ability for professional repair partners to expand their technical knowledge with virtual and in-person training opportunities, available through Carquest Technical Institute and Worldpac Training Institute, which are developed and taught by factory-trained instructors and available to automotive technicians nationwide, Advance noted.
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