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  • Similar Topics

    • By Auto News
      RALEIGH, N.C. & HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--Dec. 23, 2019-- Advance Auto Parts, Inc. (NYSE: AAP) has acquired the DieHard brand from Transform Holdco LLC (“Transformco”), for $200 million utilizing cash on hand.
      This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191223005397/en/
      (Photo: Business Wire)
      This asset acquisition will give Advance the right to sell DieHard batteries, the most trusted brand in the automotive battery category, and enables Advance to extend the DieHard brand into other automotive and vehicular categories. In addition, the deal allows Transformco to sell DieHard brand batteries through its existing channels pursuant to a supply agreement with Advance. Advance is also granting Transformco an exclusive royalty-free, perpetual license to develop, market, and sell DieHard branded products in non-automotive categories.
      “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.”
      “DieHard is among the most successful and one of the most widely trusted brands in the auto industry, and we have long believed that the brand has even more potential,” said Peter Boutros, President of Transformco’s Kenmore, Craftsman and DieHard business unit. “DieHard revolutionized the automotive battery category when it launched in 1967, and has continued to be a leader in the category. Advance Auto Parts’ acquisition of this iconic American brand will complement our plans to introduce new DieHard products in non-automotive categories such as sporting goods, lawn and garden, authentic work wear and other exciting new categories.”
      About Advance Auto Parts
      Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of October 5, 2019, Advance operated 4,891 stores and 152 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The Company also serves 1,260 independently owned Carquest branded stores across these locations in addition to Mexico, the Bahamas, Turks and Caicos and British Virgin Islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.
      About Transformco
      Transform Holdco LLC is a leading integrated retailer focused on seamlessly connecting the digital and physical shopping experiences to serve its members – wherever, whenever and however they want to shop. Transformco is home to Shop Your Way®, a social shopping platform offering members rewards for shopping at Sears, Kmart and other retail partners. Transformco operates through its subsidiaries with full-line and specialty retail stores across the United States.
      Forward-Looking Statements
      Certain statements in this report are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements address future events or developments, and typically use words such as “believe,” “anticipate,” “expect,” “intend,” “plan,” “forecast,” “guidance,” “outlook” or “estimate” or similar expressions. These forward-looking statements include, but are not limited to, statements related to the benefits or other effects of the acquisition, statements regarding expected growth and future performance of the Company, and all other statements that are not statements of historical facts. These statements are based upon assessments and assumptions of management in light of historical results and trends, current conditions and potential future developments that often involve judgment, estimates, assumptions and projections. Forward-looking statements reflect current views about the Company's plans, strategies and prospects, which are based on information currently available as of the date of this release. Except as required by law, the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. Please refer to the risk factors discussed in "Item 1a. Risk Factors" in the Company's most recent Annual Report on Form 10-K, as updated by its Quarterly Reports on Form 10-Q and other filings made by the Company with the Securities and Exchange Commission, for additional factors that could materially affect the Company’s actual results. Forward-looking statements are subject to risks and uncertainties, many of which are outside its control, which could cause actual results to differ materially from these statements. Therefore, you should not place undue reliance on those statements.

      View source version on businesswire.com: https://www.businesswire.com/news/home/20191223005397/en/
      Source: Advance Auto Parts, Inc.
      Advance Auto Parts:
      Media Relations:
      Darryl Carr
      T: (984) 389-7207
      E: [email protected]
      Investor Relations:
      Elisabeth Eisleben
      T: (919) 227-5466
      E: [email protected]
      Transformco Media:
      Larry Costello
      T: (847) 286-9036
      E: [email protected]
      Source: https://advanceautopartsinc.gcs-web.com/news-releases/news-release-details/advance-auto-parts-announces-purchase-diehard-brand-transformco
    • By Auto News
      That little engine part called the spark plug performs a huge job in delivering a vehicle’s power, performance, dependability and fuel efficiency and, according to the non-profit Car Care Council, should be replaced periodically.
      “Spark plugs are one of the hardest working parts of a vehicle. A spark plug can fire 400 times per minute per cylinder or 1,600 times a minute on a four-cylinder engine,” said Rich White, executive director, Car Care Council. “Many car owners delay spark plug repair on their vehicles, even after they have failed. This is a mistake since fouled, damaged or worn out spark plugs can lead to engine damage, reduced fuel efficiency and poor performance like misfiring, hard starting and sluggish acceleration.”
      If you spot any of the following symptoms, the Car Care Council recommends having your vehicle checked to prevent more costly problems from developing.
      Rattling, pinging or knocking noises. When spark plugs begin to misfire, you may notice unusual noises from the force of the pistons and combustion not working properly. Pistons travel at high velocities; if the spark plug fires at the wrong time, this could lead to constant rattling, pinging or knocking sounds. Hard vehicle start. If your car is having trouble starting or just feels disjointed and jerky, your spark plugs may not be working right. This can lead to misfires and erratic performance. Reduced performance. Spark plugs fire when you accelerate and change gears. If the spark that the plug generates isn’t functioning at 100 percent, your vehicle performance will be poor, and you’ll experience a sluggish and fuel-wasting drive. Poor fuel economy. Lots of things can lead to poor fuel economy. In the case of old spark plugs, fuel is wasted because your vehicle fails to receive the proper, heat-generating spark at the right time. The Car Care Council recommends that consumers consult their owner’s manual for the vehicle manufacturer’s recommended spark plug replacement intervals. The council also recommends replacing all of the plugs at the same time and with the same type of spark plug that the vehicle was originally equipped.
      “Replacing spark plugs is a relatively inexpensive maintenance task and can be performed by a do-it-yourselfer or by a professional technician at any auto repair shop,” said White.
      The Car Care Council is the source of information for the “Be Car Care Aware” consumer education campaign promoting the benefits of regular vehicle care, maintenance and repair to consumers. For the latest car care news, visit the council’s online media room at http://media.carcare.org. To order a free copy of the popular Car Care Guide, visit the council’s consumer education website at www.carcare.org.
      The post Spark Plugs Need to Be Replaced Periodically appeared first on Be Car Care Aware.
      View the full article
    • By Auto News
      Cars are some of the biggest sources of pollution in the environment, and it doesn’t help if your daily driver is in bad shape because it’s very likely producing even more pollutants than well-maintained vehicles. Earth Day helps bring awareness to the need for protecting the environment, and you can do your small part to protect it by fixing your ride. The great news is that APW Rewards, Auto Parts Warehouse’s loyalty program, can help you do so with its 4-day Earth Day promo exclusive to APW Rewards members from April 23 – 26.
      Simply by signing up for a free APW Rewards account, you will automatically get free 100 points during the promo period. The perks don’t end there, however, because on top of these signup points, every purchase you make on Auto Parts Warehouse during the promo will give you double points. What does this mean? It means, for example, that a $100 order will give you 200 points instead of the usual 100. With 200 points in your APW Rewards account, you can immediately redeem a $10 off $20 coupon that you can use on your very next purchase, guaranteeing you savings that you can’t get anywhere else!
      If you’re looking for the best value for your money, APW Rewards is a loyalty program that gives you multiple ways to save when you shop for car parts and accessories. As mentioned, you will get points equivalent to the dollar value of your order the moment you join this exclusive club. These points are redeemable for coupons that could get you up to $100 off on your next order along with special access to promos and benefits that are not available to other customers.
      Finally, once you’ve had $300 worth of purchases, you will unlock Premier Tier, which will give you double points for the rest of your APW Rewards membership. As long as you remain active by making a purchase, your account will not expire and you can continue to earn points and redeem auto parts store coupons whenever you need. This is the best time to get your ride in tip-top shape and contribute to making the environment healthier and safer for you and other people. When you’re ready to sign up for free, just go to https://bit.ly/2ZxFquQ and seize this 4-day promo while it lasts.

      The post Fix Your Ride, Protect the Environment with APW Rewards: Double Points for Every Purchase for 4 Days Only appeared first on The Auto Parts Warehouse Blog.
      View the full article
    • By Auto News
      If you’ve been putting off fixing your car, the best time to do those repairs would be right now because April is National Car Care Month. A lot of vehicles need maintenance and upgrades, yours included, and Car Care Month is an important reminder of the value of taking care of our vehicles. Here at Auto Parts Warehouse, we want to help you get your ride in tip-top shape with APW Rewards’ exclusive offer from April 10-12. During this period, APW Rewards members will get free 100 points just for signing up!
      But your savings on auto repair don’t end there. For 3 days only—every product you purchase from AutoPartsWarehouse.com as an APW Rewards member will get you either free 100 points or 200 points! All these points are easily redeemable for exclusive coupon codes that you can use on the site to get huge discounts on auto parts and accessories. In fact, you can already redeem a $10 off coupon with just a minimum of 200 points and you can keep on earning points to get discounts up to $100 off per order!
      During the limited promo period, APW Rewards will give you free 100 points on select items–with no purchase limit. The great news is you can earn even more points–200 points to be exact–if you purchase from the brands listed below:
      Replacement
      Kool Vue
      Evan Fischer
      StyleLine
      N-Dure
      Bolton Premiere
      Garage-Pro
      Plus, all loyalty members who accumulate $300 worth of purchases unlock Premier Tier membership, which automatically credits double points for every purchase all year round–even after our Car Care Month promo is done! No need to hunt down discount codes; with an APW Rewards membership, all the coupons you need can be found right inside your APW account.
      Investing in your daily driver ensures the smoothest and safest drive. To help get you started on refreshing your ride, check out this simple car care checklist. Sign up for an APW Rewards membership for free today at https://bit.ly/2UOEfrq and avail of this special deal that await you for Car Care Month. Remember: the more points you earn, the more auto parts store coupons you can redeem for future purchases. Make car care a priority while earning big savings with APW Rewards.

      The post APW Rewards Car Care Month: Free 100 or 200 Points for Every Purchase for 3 Days Only appeared first on The Auto Parts Warehouse Blog.
      View the full article
  • Our picks

    • Advance Auto Parts Announces Purchase of the DieHard Brand from Transformco
      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.”
      • 0 replies
    • AmazonBasics 6-Pack High Mileage Motor Oil - Synthetic Blend
      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.
      • 3 replies
    • OEM vs. Aftermarket Parts for Your Car: How to Choose
      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.
        • Like
      • 1 reply
    • Replacement Intervals For Oil And Air Filters In Today’s Vehicles
      The factory-recommended replacement intervals for filters can vary quite a bit depending on the year, make and model of the vehicle, as well as how it is driven. As a rule, older vehicles (those more than 15 to 20 years old) typically have more frequent service intervals than newer vehicles. Why? Because late-model vehicles require less maintenance, thanks to improvements in motor oils, transmission fluids, engine design and filter media.

      Many long-life air and oil filters use synthetic fiber media or a blend of cellulose and synthetic fibers to extend filter life.

      Changing the oil and filter every 3,000 miles was standard practice decades ago. But it’s no longer necessary because most multi-viscosity oils today are a synthetic blend or a full synthetic that resist viscosity breakdown and oxidation for a much longer period of time. Late-model fuel-injected engines also run much cleaner than their carbureted ancestors, which reduces oil contamination in the crankcase.
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    • Oil Filters And Air Filters: Important Maintenance Parts
      Air filters, cabin air filters, oil filters and (sometimes) fuel and transmission filters are important maintenance parts that typically are replaced according to a time and/or mileage schedule. A vehicle’s service schedule recommendations can be found in the owner’s manual or in a separate brochure. Unfortunately, many motorists never read – or totally ignore – the recommendations.

      Factory service schedules are designed to prolong the life of the engine, transmission and cooling system, to reduce premature wear and breakdowns, but also to minimize maintenance costs while the vehicle is still under warranty. That’s why factory oil change recommendations have been stretched to 7,500 to 10,000 miles or more on many late-model vehicles. Most late-model cars and light trucks no longer have recommended change intervals for transmission fluid and filters, or for fuel filters. These so-called “lifetime” fluids and filters are supposed to last a long time – but they won’t last forever. Experience has shown that “lifetime” filters and fluids don’t live up to the hype.

      Fuel filters always should be replaced when a fuel pump is replaced (unless the filter is part of the fuel pump module assembly). Likewise, transmission filters should be replaced if a customer is changing the fluid in their transmission.

      Last Line of Defense Against Contaminants

      Filters are the first line of defense against contaminants. Air filters keep dirt and abrasive particles out of the engine. A good-quality air filter will trap about 98 percent or more of the particles that can cause trouble inside an engine. As the filter media becomes saturated with dirt, it’s efficiency actually increases. But, as the filter becomes clogged with more and more dirt, it also becomes more restrictive to airflow. The greater the pressure drop across the filter, the more it hurts performance and fuel economy.
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