Investor Makes Waves in Pep Boy Purchase
A recently disclosed Pep Boys investor may disrupt Bridgestone’s plans to acquire the company, the Wall Street Journal reported. On Friday, billionaire investor Carl Icahn disclosed a 12.1% stake in Pep Boys. Icahn is interested in the retail segment of Pep Boys and has been discussing potential transactions with Pep Boys representatives, a regulatory filing
2011 Top Shop Finalist: Tate Boys Tire & Service
One co-owner is a retired professional baseball player for the San Francisco Giants. The other played college football for the University of Tulsa. And the chief financial officer was on Brigham Young University’s football team. It comes as no surprise, then, that Tate Boys Tire and Service runs like a winning sports franchise, from the
Parts Chains Offering Curbside Pick-Up
Advance Auto Parts, AutoZone, NAPA Auto Parts, O’Reilly Auto Parts and Pep Boys are offering free curbside pickup for customers who opt to buy online and pick up their parts at the stores.
Icahn Automotive Acquires Chain Tecnicentros Mundial
The acquisition will increase the number of Pep Boys locations in Puerto Rico to 33, of which 30 locations will provide automotive service.
Icahn Expands in Detroit Market
Icahn Automotive Group today announced several major investments in the Detroit metropolitan region, including further investments in Pep Boys locations as well as several acquisitions.
TBC Reaches Out for New CMO
TBC Corp. has hired former Pep Boys marketing executive Scott Stoughton as its new chief marketing officer.
Several tire shops bring home ASE awards in 2023
ASE revealed its 2023 award winners across auto, collision, truck, bus, parts and training sectors for service excellence.
TIA Membership Elects Four Board Members
The Tire Industry Association (TIA) membership has voted in two incumbents, a newcomer and a former director to its 2022-2023 board. Re-elected were Russ Devens of McCarthy Tire Service and T.J. Trum of Pomp’s Tire Service. Gary MacCausland of VIP Tires & Service was elected to his first term and rejoining the Board after a
Percheron-Backed Big Brand Tire Plans for Growth in 2022
Private equity firms aren’t new to the tire industry, but there is one that is, and it has plans to rapidly grow its portfolio company, Big Brand Tire & Service in 2022. That company is San Francisco-based Percheron Capital, which entered into the tire and automotive space after the purchase of Big Brand Tire in
NPW Acquires Auto Plus Assets from Icahn Automotive
National Auto Parts Warehouse will convert and rebrand the acquired retail locations as Auto Value parts stores.