Aftermarket Business

Genuine Parts Company
Thomas C. Gallagher, Chairman and Chief Executive Officer of Genuine Parts Company, said that sales for the first quarter ended March 31, 2014, were $3.6 billion, up 13% compared to $3.2 billion in the first quarter of 2013. 
Standard Motor Products
Standard Motor Products formed a joint venture with Gwo Yng Enterprise Co. Ltd., and announced the acquisition of assets of Annex Manufacturing, a privately held company, for approximately $11.5 million.
Global Automotive Aftermarket Symposium, GAAS
The Global Automotive Aftermarket Symposium (GAAS) Scholarship program website, www.AutomotiveScholarships.com, received a record-setting 607 completed applications from students seeking the 2014-2015 awards.
Automotive Aftermarket Suppliers Association, AASA
Full service automotive aftermarket suppliers are optimistic and have a positive outlook for 2014, according to responses to the first quarter 2014 “Aftermarket Supplier Barometer” survey conducted by AASA.
Timken
Late last year, Timken joined the 100,000 Jobs Mission, a coalition of more than 130 companies across the United States with a shared objective to hire 100,000 armed forces veterans by the end of 2020.
The Pep Boys
The Pep Boys- Manny, Moe & Jack will be featuring new apparel and accessories lines in stores nationwide by early May.
Hopkins Canada
Hopkins Manufacturing Corporation established Hopkins Canada, Inc. in Blenheim, Ontario Canada.
Green Automotive Company has closed its acquisition of Blackhawk Manufacturing and its affiliated companies for a value of $6m of Green Automotive’s common stock at $0.05 per share, which equals 120m shares.
Frost & Sullivan
The improved economic environment in developing and developed economies is restoring business confidence and pushing up the global sales volumes of medium-heavy duty trucks. 
Jack Lorimer
Long-time automotive aftermarket and heavy-duty industry executive John. F. (Jack) Lorimer retired April 1 after 44 years in the industry.

Special Reports

The deal catapulted Advance to the No. 1 spot in the Aftermarket Business World Top 25 Auto Chain Report with 5,297 company owned stores, 105 WORLDPAC branches and approximately 1,400 independently owned CARQUEST branded stores.