Jump to content

  • Welcome to Auto Parts Forum

    Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, X, and LinkedIn. 

     

Fisher Auto Parts Acquires Motown Automotive

APF

By APF
in Federated Auto Parts Forum

 Share

Recommended Posts

APF

APF

Posted
Posted

Fisher Auto Parts

Motown Automotive Distributing (Motown) and Fisher Auto Parts (Fisher) have announced the acquisition of Motown by Fisher, effective today, Oct. 1.

Motown Automotive is a leading full-line undercar and underhood auto parts warehouse in southern Michigan, with more than 50 years of experience in the automotive marketplace. Family owned and operated, Motown has 13 locations in Ann Arbor, Brighton, Flint, Grand Rapids, Lansing, Plymouth, Southfield, Sterling Heights, Taylor, Troy, Waterford and two locations in Farmington Hills.

“We are very pleased to join forces with Fisher Auto Parts, the founding member of Federated Auto Parts,” said Jim Sechrist, president of Motown Automotive Distributing. “Our long history and association with the Fisher organization and the Federated program group made it the right decision to merge with them. Through Fisher, Motown will be able to provide even more product and service resources to our customers and give opportunities for our associates to expand their careers in the Fisher Auto Parts network.”

“The Sechrist family and their team of employees have built a premier aftermarket distribution business in Michigan of which we are proud to be adding to the Fisher Auto Parts company,” added Bo Fisher, CEO of Fisher Auto Parts. “Our missions and values align completely so that we will continue to provide all customers with the best overall value in the aftermarket while doing so with integrity and commitment to all, including every associate and vendor partner.”

Last May, Fisher announced the acquisition of 10 Hoffman Brothers company stores and a warehouse based in South Bend, Indiana, as part of an aggressive growth strategy. That was following up by the purchase of six World Auto Parts company stores based in Buffalo, New York, in September 2017.

Both Sechrist and Fisher express their gratitude to the executive teams of Motown Automotive Distributing and Fisher Auto Parts for their hard work in facilitating this transaction. A seamless transition is expected due to the dedication of both companies to serve their customers first.

Source: 

link hidden, please login to view

Sell your car with CarBrain

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • Similar Content

  • Similar Topics

    • Advance Auto Parts
      Advance Auto Parts Appoints Jeff Vining as General Counsel
      By Advance Auto Parts
      link hidden, please login to view
    • OReilly Auto Parts
      O’Reilly Automotive, Inc. Reports Fourth Quarter and Full-Year 2024 Results
      By OReilly Auto Parts
      SPRINGFIELD, Mo., Feb. 05, 2025 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenue for its fourth quarter and full-year ended December 31, 2024. The results represent 32 consecutive years of comparable store sales growth and record revenue and operating income for O’Reilly since becoming a public company in April of 1993.

      link hidden, please login to view
    • Advance Auto Parts
      Advance Auto Parts Announces Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
      By Advance Auto Parts
      link hidden, please login to view
    • Counterman
      Auto Care Association Reacts to Trump Tariffs
      By Counterman
      *After this statement was released, Mexico President Claudia Sheinbaum announced on X (formerly Twitter) that the U.S. and Mexico have reached an agreement to delay tariffs for a month. In exchange, Mexico will be putting 10,000 National Guard troops on the Mexico/U.S. border as conversations between the countries continue.
      On Saturday, Feb. 1, 2025, President Trump issued
      link hidden, please login to view imposing tariffs on imports from Canada, Mexico and China. The tariffs were implemented under the International Emergency Economic Powers Act (IEEPA), citing a national emergency related to illegal immigration and flow of illicit drugs like fentanyl into the U.S. Bill Hanvey, president and CEO,
      link hidden, please login to view, emphasized the serious impact the proposed tariffs would have on the automotive aftermarket industry, U.S. consumers and businesses: As of the morning of Feb. 3, only the Executive Order for Canada has been officially published on the White House’s website. The Executive Orders for Mexico and China are pending official release; however, unofficial copies indicate they follow a similar framework to the Canada order.
      Key Details of the Executive Order
      International Emergency Economic Powers Act (IEEPA)
      IEEPA is a federal law granting the President authority to counter unusual and extraordinary threats to national security without requiring congressional approval or extensive agency review. While historically, IEEPA has been used to impose economic sanctions, this is the first time IEEPA is being used to impose tariffs.
      IEEPA requires the president to “consult” with Congress “in every possible instance” before taking action. While the president can act unilaterally, they must provide regular reports to Congress on the actions taken.
      Tariff Rates and Products
      The Executive Orders do not list specific products subject to the tariffs but states that the tariff applies to all goods which are “products of” these countries.
      The new tariff rates below apply “in addition to any other duties, fees, exactions or charges” applicable to imported products. In other words, these tariffs will be applied on top of any existing import duties or tariffs already in effect.
      Canada: 25% tariff applies to imports from Canada, with energy products subject to a reduced 10% tariff. Mexico: 25% tariff applies to imports from Mexico. China: 10% tariff applies to imports from China. Implementation Date
      The tariffs apply to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. Eastern Time on Feb. 4, 2025.
      Goods loaded onto vessels at the port of loading or in transit on the final mode of transportation prior to entry into the United States before 12:01 a.m. Eastern Time on Feb. 1, 2025, are not subject to the additional duty, subject to certification requirements with U.S. Customs and Border Protection (CBP).
      Exemptions
      The Executive Orders do not outline any exceptions nor establish an exemption process. The Executive Order also states that the tariffs will remain in effect until the President determines that the countries have taken “sufficient action to alleviate the crisis.”
      Retaliation Clause
      The executive order states that if Canada, Mexico and/or China retaliate against the United States, President Trump may increase or expand the scope of the duties imposed under this order.
      Drawback
      Drawback (duty refunds) will not be available.
      De Minimis Treatment
      Duty-free de minimis treatment will not be available.
      Responses from Affected Countries
      Canada: Prime Minister Justin Trudeau 
      link hidden, please login to view that Canada will impose retaliatory tariffs of 25% on $155 billion U.S. goods. Tariffs on $30 billion will take effect on Tuesday, Feb. 4. Tariffs on the remaining $125 billion will take effect in 21 days. Tariffs will apply to a range of U.S. exports, including alcoholic beverages, agricultural products, clothing, sports equipment and household appliances. The list of products subject to the initial $30 billion in tariffs can be 
      link hidden, please login to view. Mexico: Mexican President Claudia Sheinbaum 
      link hidden, please login to view that Mexico will implement tariff and non-tariff measures in response to the tariffs. Sheinbaum emphasized the need for bilateral cooperation and called for discussions on trade policy. China: The Chinese government 
      link hidden, please login to view the new 10% tariff. China stated that it will file a complaint with the World Trade Organization and is preparing additional countermeasures. Ongoing Monitoring and Member Feedback
      The Auto Care Association is closely monitoring these developments and will share new information as it becomes available. For the latest updates, visit 
      link hidden, please login to view. “We welcome your feedback to help us better understand and assess the impact of these tariffs on our industry and businesses,” said the Auto Care Association, “Please share with us by contacting Angela Chiang, director, international affairs, at [email protected].”
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • Counterman
      Cloyes Wins Technical & Training Award from O’Reilly Auto Parts
      By Counterman
      Cloyes Gear & Products, Inc. (
      link hidden, please login to view) announced it is the 2024 recipient of the “Technical Training” Supplier of the Year Award from O’Reilly Auto Parts. This achievement highlights Cloyes’ commitment to excellence in the automotive aftermarket industry, the company said. The award is given annually by O’Reilly Auto Parts to companies or individuals who demonstrate exceptional quality in providing technical training to their employees and customers, often recognizing their commitment to in-depth product knowledge and effective training programs.
      “This is a testament to the dedication, expertise and passion that our team members have for
      link hidden, please login to view through effective training techniques,” said John Hanighen, CEO of Cloyes. “We are honored to have their hard work recognized by O’Reilly Auto Parts and deeply appreciate their continued support and partnership.” Technical Product Director Cody Smith also was recognized for his outstanding contributions. His innovative training videos have set a new standard for quality in the industry, earning him well-deserved acclaim, Cloyes said.
      Additionally, the Cloyes team was applauded for its successful integration of Rotomaster, the company added. Cloyes was also previously honored with the Sales Support Award in 2022 and the Content and Cataloging Award in 2020.
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view

×
×
  • Create New...