The sale of Worldpac for $1.5 billion significantly strengthens AAP's balance sheet, eliminating solvency risk and providing ...

Sumitomo Mitsui Trust Group Inc. boosted its position in shares of LKQ Co. (NASDAQ:LKQ – Free Report) by 1.6% in the 3rd ...

launched an automotive aftermarket distribution platform named Driven Distribution Group. The launch aligns with Driven Distribution Group’s acquisition of Chicago Parts & Sounds (CPS) — a distributor ...

The ubiquitous Advance Auto Parts will be less so in the next couple of years. The automotive parts retailer will shutter ...

Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and ...

The company currently operates more than 4,780 stores and 1,125 independently owned, Carquest-branded locations.

An auto part company might sell parts only to vehicle manufacturers (original equipment manufacturers), or it might offer products directly to consumers (aftermarket sales). Specialized auto part ...

Earlier this month, the company closed a $1.5 billion sale of Worldpac, its automotive parts wholesale distribution business, to investment firm Carlyle. Advance Auto primarily operates in the U.S ...

Advance Auto Parts plans to close hundreds of stores, four distribution centers and slash jobs amid the sluggish demand for vehicle parts, the company said this week. The announcement came with the ...