Quantcast
Jump to content
    • You can post now and register later. Already registered? sign in now to post with your account.
    • ×   Pasted as rich text.   Paste as plain text instead

        Only 75 emoji are allowed.

      ×   Your link has been automatically embedded.   Display as a link instead

      ×   Your previous content has been restored.   Clear editor

      ×   You cannot paste images directly. Upload or insert images from URL.


      Once you submit your question, a new topic will be created for you in our forums. Our moderators may move your topic to a more suitable forum category if one exists. Members will see your topic and be able to respond to your question.

    • This will not be shown to other users.
Junior

Advanced Autoparts buys Carquest/BWP

Recommended Posts

My Carquest rep came in today and spread the news that Carquest was bought by Advanced autoparts in a deal made in the last hours of last year. Execs at Advanced don't seem to be giving much input on their view as to how they will use their new acquisition. As it stands the best we know is that Carquest wholesale will remain mostly the same for about two years.

 

We have been buying heavily from Carquest over the past year. They are now our number one vendor for same day service parts. Quality is good, price is competitive and service is good. I am concerned though about how this change will effect the company. We don't do business with API, their low quality low price business model is not something that compliments a high quality repair shop like ours. Who else buys a lot from Carquest and what do you think you might do if Carquest/Advanced becomes the Walmart equivalent on the auto industry.

 

Press release

 

http://phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-newsArticle&ID=1770210&highlight=

Share this post


Link to post
Share on other sites

We allow visitors to read the first post of each topic. To read this post, please login or register for a membership. 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Similar Topics

    • By Joe Marconi
      As a result of COVID-19, most business realize the need to enhance their crisis planning. For example, I have  always set aside funds to offset any downturn, but my worst-case scenario fund accounted for a 25% decline in business. That was not enough.  In addition, securing a line of credit, to only be used in a economic crisis is another way to shore up a business financially.
      What changes have you made that will prepare your business for the next crisis?
       
    • By Elite Worldwide Inc.
      By Bob Cooper
       
      During difficult times like these it's important to look for creative ways to keep your shop's name in the minds of your community members. Here are 3 easy-to-implement tips that will help your shop build its brand recognition in today's climate. 
       
      1. If you have a shuttle or any type of vehicle that features the name of your shop, it's important to get that vehicle out in your community. There are plenty of charitable organizations you could partner with that may need delivery assistance, such as Meals on Wheels. You could also provide a shuttle service for local retirement homes and any other group that may need assistance getting around your community, or you could even deliver groceries or household items to these groups. Getting your business's name out there and helping your community will certainly help people remember your shop.
       
      2. Host an online course for people who are currently stuck at home. One specific idea is to host an online car care clinic for new drivers, teaching them things like how to maintain a car, how to deal with a flat tire, how to read and use their car's owner manual, and other similar topics. Not only will this help them learn vital information, but it will give them an indoor activity to focus their attention on, which I'm sure their parents will thank you for. 
       
      3. Now more than ever, it's important to have the right attitude each day. This is crucial not only for your own well-being, but for the well-being of everyone around you. A positive outlook will permeate throughout your staff and your community, and show people the type of business you have; one that views each day as a new opportunity to build a wonderful life and a wonderful company. 
       
      For additional help building a more successful auto repair business, feel free to give us a call at 800-204-3548 or visit the Elite website. 

      View full article
    • By jinjabred
      Hello all,
      Just curious if any shops occasionally leave keys in vehicles upon customer's request that have already paid.  If not do you have other solutions for after hours pickup? 
    • By Mark Johnson
      Shop owners did you hear? If you have been affected by COVID-19 you are eligible for a SBA disaster loan of up to $2M. This loan is from the Federal Government with interest an rate of 3.75% and up 30yrs payment term. It is not available in private financial institutions (banks).
       
      ALL STATES CAN NOW APPLY!   
      So what information do you need?
      A LOT!
      ●    Most recent Federal income tax returns
      ●    Personal Financial Statement
      ●    Schedule of Liabilities listing all fixed debts
      ●    You Fill out All SBA Paperwork
      ●    Year-end profit-and-loss statement and balance sheet for that tax year
      ●    A current year-to-date profit-and-loss statement
      ●    Monthly sales figures for increases in the amount of economic injury.
       
      And there may be even more!
       
      We are currently helping shop owners navigate through the applications process.
       
      For more info call us at 1954-324-0803 or book an appointment at https://calendly.com/markjohnsontaxplanner/45min

      View full article
    • By Joe Marconi
      I want to wish everyone a Happy New Year and the very best in 2017!
       
      I also want to take this time to thank all of our amazing members for making AutoShopOwner.com the number 1 go-to auto shop business forums website on the planet!
       
      Joe Marconi


  • AutoShopOwner Sponsors



×
×
  • Create New...