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Faced with the great change of technology and innovation application, GM "laid off" employees
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By Auto News
SPRINGFIELD, Mo., Jan. 04, 2021 (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 fourth quarter and full-year 2020 results as Wednesday, February 10, 2021, with a conference call to follow on Thursday, February 11, 2021.
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By APF
The leadership of
link hidden, please login to view and link hidden, please login to view announced today the merger of the two organizations. As of Jan. 1, 2021, the newly formed organization will be known as the Pronto Automotive Distribution Network. Headquartered in Grapevine, Texas, Pronto Automotive Distribution Network will be led by Robert Roos as president and David Prater as executive vice president. The combined organization will represent more than 250 members in North America with an estimated revenue of approximately $5 billion annually. Members will continue to market under the Pronto, Parts Plus and Auto Pride names.
In addition, Pronto Automotive Distribution Network, together with Federated Auto Parts, will comprise the Automotive Parts Services Group (The Group).
“Pronto members and staff are excited to partner with the Network team. The similarities between our two groups are significant, making the transition into one company a much easier path,” said Roos. “This merger will benefit Network and Pronto members, as well as our valued vendor partners, by increasing our membership footprint throughout North America and helping to ensure our collective future viability. In addition, the merger will enhance our position within The Group, working alongside our partners at Federated. I can’t think of a better way to start off the new year.”
“By forming the Pronto Automotive Distribution Network, we will have the ability to build on past success, make a greater impact in the marketplace, and identify more ways to benefit our members, supplier partners and associates,” added Prater. “Because the aftermarket is always evolving, taking this proactive step and merging two of the major program groups will help ensure our combined membership is well positioned to compete and achieve mutual success well into the future.”
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By Auto News
MEMPHIS, Tenn. , Nov. 16, 2020 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), today announced that Ron Griffin , Senior Vice President and Chief Information Officer, Customer Satisfaction, will retire in early 2021. “I give special thanks to Ron for his significant contributions and years of
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By Auto News
SPRINGFIELD, Mo., Oct. 28, 2020 (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 and earnings for its third quarter ended September 30, 2020.
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Our picks
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National Pronto Association, Automotive Distribution Network Announce Merger
APF posted a topic in Auto Parts Store Distribution,
The leadership of National Pronto Association and Automotive Distribution Network announced today the merger of the two organizations. As of Jan. 1, 2021, the newly formed organization will be known as the Pronto Automotive Distribution Network.
Headquartered in Grapevine, Texas, Pronto Automotive Distribution Network will be led by Robert Roos as president and David Prater as executive vice president. The combined organization will represent more than 250 members in North America with an estimated revenue of approximately $5 billion annually. Members will continue to market under the Pronto, Parts Plus and Auto Pride names.
In addition, Pronto Automotive Distribution Network, together with Federated Auto Parts, will comprise the Automotive Parts Services Group (The Group).-
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Advance Auto Parts To Sponsor NASCAR Weekly Series In Multiyear Agreement
APF posted a topic in Advance Auto Parts Forum,
DAYTONA BEACH, Fla. & RALEIGH, N.C.--(BUSINESS WIRE)--As NASCAR Weekly Series sanctioned events begin to return at select tracks across North America, NASCAR and Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider, today announced a multiyear official partnership, designating Advance as the series entitlement sponsor. As part of the agreement, Advance also becomes the “Official Auto Parts Retailer of NASCAR.”
"It's great to have Advance join us in welcoming the return of NASCAR-sanctioned grassroots racing," said Ben Kennedy, vice president, racing development, NASCAR. "Advance’s commitment to our Weekly Series will develop some of the brightest NASCAR talent across North America. Advance has a long history in racing, and we’re thrilled to see its expanded presence from the grassroots all the way through our national series.”-
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Advance Auto Parts Announces Purchase of the DieHard Brand from Transformco
Auto News posted a topic in Advance Auto Parts Forum,
Advance Auto Parts, Inc. (NYSE: AAP) has acquired the DieHard brand from Transform Holdco LLC (“Transformco”), for $200 million utilizing cash on hand.
“We are excited to acquire global ownership of an iconic American brand. DieHard will help differentiate Advance, drive increased DIY customer traffic and build a unique value proposition for our Professional customers and Independent Carquest partners. DieHard has the highest brand awareness and regard of any automotive battery brand in North America and will enable Advance to build a leadership position within the critical battery category,” said Tom Greco, president and CEO, Advance Auto Parts. “DieHard stands for durability and reliability and we will strengthen and leverage the brand in other battery categories, such as marine and recreational vehicles. We also see opportunities to extend DieHard in other automotive categories. We remain committed to providing our customers with high-quality products and excellent service. The addition of DieHard to our industry leading assortment of national brands, OE parts and owned brands will enable us to differentiate Advance and drive significant long-term shareholder value.”-
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AmazonBasics 6-Pack High Mileage Motor Oil - Synthetic Blend
APF posted a topic in Amazon Auto Parts Forum,
AmazonBasics High Mileage Motor Oil - Synthetic Blend
AmazonBasics high-mileage synthetic-blend motor oil offers an enhanced level of protection for engines over 75,000 miles. Its synthetic blend combines conventional oil with synthetic for cost efficiency with some of the benefits of a full synthetic. An important part of routine maintenance, the motor oil works well for anything from topping off levels to complete oil changes. Whether it’s a beloved older vehicle or one with an uncertain maintenance history, help protect its engine with AmazonBasics high-mileage, synthetic-blend motor oil.-
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OEM vs. Aftermarket Parts for Your Car: How to Choose
APF posted a topic in General Auto Parts Discussion,
When selecting parts for a car repair, it pays to know the differences between original and aftermarket parts. Whenever possible, get estimates for both.
Choosing between original and aftermarket car parts — and even used parts of either type — is all about squaring your priorities with your budget.
You’ll have different options depending on the part and the shop. And the best choice will depend on whether you’re trying to keep repairs cheap, restore your car’s appearance after a wreck or soup up your ride.
Original equipment manufacturer (OEM) parts match those that came with your car, and are of the same quality as its original parts. They’re also the most expensive.-
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By 袁春凤 (Tiffany)
"Downsizing Wave" Frequently Occurs in Winter for Big Car Enterprises
GM: Closing 7 factories and laying off 15,000 workers
In the cold wave of the car market, GM adopted a strategy similar to Ford's, namely, closing factories and laying off employees.
On November 26, General Motors said it would cut production of unsalable models and lay off North American employees as the car market shrank. According to foreign media reports, GM will lay off 15% of its employees by the end of next year, involving nearly 15,000 people, including 25% of its executives. At the same time, GM will close seven production bases around the world, involving three plants in Osawa, Ontario, Canada, Detroit, Ohio, and Warren.
GM's plans to cut jobs and close factories have provoked outrage from President Trump and even threatened to cancel GM's subsidies for electric vehicles. However, in the biggest restructuring in the last decade, GM CEO Mary Bola has shown considerable reform determination.
In fact, as the first female CEO in GM's history, Mary Bola has been trying to build a "fortress" financial structure for GM. From selling Opel out of the European market, to exiting South Africa, East Africa, India and South Korea market one after another, to investing in emerging areas such as self-driving and mobile travel, GM, led by Bora, has contracted its global business scope and rapidly moved towards emerging industries and forward-looking markets.
Today, GM's financial performance in North America and China continues to be good, especially in the Chinese market, GM's investment returns continue to hit record highs.
Even so, GM, which is increasingly sensitive to the market and has a sense of crisis, has not been pursuing the expansion of its size in the global market, but has put streamlining its business and reducing its costs first.
Compared with Ford being forced to lay off employees and shut down its car business because of its financial crisis, GM's approach is more like an initiative before the crisis.
With the coming storm, it may be beneficial to prepare for self-protection in response to the cruel market.
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By APF
In a push to add alternative-fuel vehicles to its global product offerings, General Motors Co. announced on Tuesday that it will be using 3D-printed parts to achieve its goals, according to Reuters.
GM's 3D Auto Parts Initiative
The leading U.S.-based automobile manufacturer said it is working closely with the leading design software company Autodesk Inc. to print lightweight auto parts using 3D printing technology. This week, company executives demonstrated a 3D-printed seat bracket made of stainless steel and developed with the Autodesk technology. Using regular manufacturing methods, the seat bracket would need around eight different components and several suppliers. When designed with the help of the new technology, it consisted of a single part. It also turned out to be 20 percent stronger and 40 percent lighter. It looked like “a mix between abstract art and science fiction movie.” Along with reducing tooling cost and material waste, it will also help reduce the number of suppliers required by GM.
GM has used 3D printers for prototyping parts for last many years. Over the next year, it believes that the new 3D-printed parts will appear in high-end motorsports applications, and over the next five years it plans to scale up to produce “tens of thousands of parts at scale as the technology improves,” Kevin Quinn, the automaker’s director of additive design and manufacturing, told Reuters.
The 3D-printing based manufacturing industry is working toward mass production and trying to address issues with “repeatability and robustness,” said Bob Yancey, Autodesk’s director of manufacturing. Autodesk has expertise in exploring different variations of a part design using the cloud computing and artificial intelligence (AI)-based algorithms.
The leading automaker announced last year it plans to launch 20 new electric and fuel cell models globally by the year 2023. Though electric and battery operated vehicles have seen increasing interest, their mass adoption has been restricted due to their limited range. Lightweight parts could help keep the vehicles lighter and thereby more fuel efficient.
Promising 3D Printing Technology
3D printing, also called additive manufacturing, works by piling up only the required amount of liquefied material, tier by tier. It helps in drastically reducing waste as only the required amount is added, and is in contrast with the conventional subtractive approach where the process involves starting with a large block of material and chipping it away till required shape and size is achieved. (See also, How the 3D-Printing Industry Evolved in 2016.)
GM is not alone in adapting to the promising technology initiative. Earlier, General Electric Co said it would increase the use of 3D printers in its manufacturing processes, while Ford Motor Co. has been testing the 3D printing technology since last year. (For more, see Ford Tests 3D Printing for Parts.)
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