Automotive Aftermarket News

ROYAL OAK, Mich.--(BUSINESS WIRE)--DeepHow today announced an agreement with Yazaki North America, one of the world's largest automotive parts manufacturers, to deploy DeepHow Time and Motion AI across its production lines. This engagement occurred through DeepHow’s and NVIDIA’s collaboration. While traditional time and motion studies historically relied on manual observations with stopwatches and clipboards, modern studies are shifting toward automated, digital, and AI-powered alternatives, wh...

RALEIGH, N.C.--(BUSINESS WIRE)--Vontier announces date for Q2 2026 financial results...

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. (“Superior” or the “Company”) today announced the successful closing of a senior financing facility with PNC Bank, N.A. The financing strengthens Superior’s liquidity position, provides enhanced financial flexibility, and establishes a committed banking relationship to support the Company’s operating priorities and long-term strategic plan. The financing also provides additional capacity to execute key initiatives acros...

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) has declared a cash dividend of $0.81 per share, or $3.24 per share on an annualized basis. The announced quarterly dividend will be paid on Friday, July 31, 2026 to shareholders of record as of market close on Friday, July 24, 2026.Kinetik will host its second quarter 2026 results conference call on Thursday, August 6, 2026 at 8:00 am Central Time (9:00 am Eastern Time). The Company will i...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--AutoNation, Inc. (NYSE: AN), today announced that it will release its financial results for the second quarter ended June 30, 2026, on Friday, July 31, 2026 before the market opens. AutoNation management will discuss these results and other information regarding the Company during a conference call and audio webcast that same day at 9:00 a.m. Eastern Time. The conference call may be accessed by telephone at 833-461-5787 (Conference ID: 436930872) or on Au...

RALEIGH, N.C.--(BUSINESS WIRE)--Collision Partners acquires K&M Collision, adding Michael Bradshaw to leadership and advancing its quality-first collision repair platform....

HARDEEVILLE, S.C.--(BUSINESS WIRE)--AutoNation, Inc. (NYSE:AN), one of the largest automotive retailers in the United States, announced the opening of Porsche Hilton Head, a newly constructed retail and service center designed to deliver the full Porsche luxury experience to customers and enthusiasts across Hilton Head Island, the greater Savannah area, and the wider Lowcountry. Located at 84 Auto Mall Boulevard in Hardeeville, the two-floor, 34,000-square-foot facility is one of a select numbe...

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today announced that Jane Pocock has been promoted to President of Copart, effective August 1, 2026. Ms. Pocock joined Copart in January 2019 as Managing Director of Copart UK and has led one of the Company’s key international businesses through a period of significant growth and expansion. Under her leadership, Copart UK and Ireland has strengthened its operational footprint, expanded capacity, and delivered exceptional customer journeys for...

DETROIT--(BUSINESS WIRE)--Huron Capital Partners (“Huron Capital”), a leading middle market private equity firm, is pleased to announce the sale of Horsepower Automotive Group (“HPAG” or the “Company”), a diversified aftermarket automotive platform, to River Associates Investments (“River Associates”).Huron initially launched the platform in 2015 through its acquisition of Drake Automotive, a provider of vintage Mustang enthusiast parts. Through a focused buy-and-build strategy, Huron completed...

HOUSTON--(BUSINESS WIRE)--Tekmetric, the all-in-one platform used by more than 15,000 auto repair shops nationwide, today launched the Tekmetric Shop Index, a free benchmarking tool that gives shop owners instant visibility into how their performance compares to top shops across the country, or in their own state. No account is required. The Tekmetric Shop Index measures the four metrics that drive shop profitability: average repair order (ARO), car count, parts margin and effective labor rate....