Genuine Parts Company and Inenco have entered into an agreement where Inenco will issue new shares to Genuine Parts Company, representing a 35% stake in Inenco for approximately $70 million (US) in cash.
President Donald Trump’s disdain for NAFTA has been directed mostly at Mexico, yet Canadian industry executives are a bit uneasy about business relations with their U.S. counterparts should Trump’s ire start targeting the northern neighbor.
The global spare parts logistics (SPL) market, which includes automotive parts, currently stands at $52.7 billion a year, representing approximately 6.9 percent of total third-party logistics (3PL) revenue.
If you want to do business in Ghana, the West African nation’s drivers would welcome pre-inspected quality used vehicles, preferably with a high ground clearance, plus quality aftermarket repair parts at bargain price points.
Penray and Talbros Gardx Performance Products announced a new partnership that will see Penray's chemical additives, functional fluids and car care products marketed throughout India by Talbros sales, marketing and distribution.
Senior automotive analyst Bernard Swiecki, director of CAR’s Automotive Communities Partnership (ACP), reports that it remains difficult to determine what industry changes might occur under President Donald Trump.