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Advance Auto Parts completes deal to purchase GPI-CARQUEST


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Below is a link to an article featuring the completion of deal in which Advance Auto Parts purchased GPI CARQUEST. This is a huge deal and will no doubt have other major part companies following this real close in 2014 and beyond.

 

Last year Advance Auto Parts aquired BWP CARQUEST, in the North East area. This is where I am located. So, far the transition has been smooth and I am still dealing with the same sales people and parts counter people, which is great. New product lines are slowly being introduced to us, and I am curious to see how we address training, their new banner program for shops, the DIY issue, and other things that Advance brings to the shop owners.

 

Just wondering how shop owners feel about this latest aquistion?

 

http://www.aftermarketnews.com/Item/122323/advance_auto_parts_completes_gpi_acquisition.aspx

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I did quite a bit of business with CARQUEST and was concerned about the changeover. As Joe said the sales and counter people have remained the same and that was a relief. What did change however was my cost and list price for most lines. If you have been switched over to Advance please take some time to compare pricing.

Example - Cabin filter for a 2003 Honda Odyssey EX 3.5L

Napa #24897 Cost $10.99 List $20.61

OEM Cost $17.99 List $27.99

Advance #C45459 Cost $21-99 List $55.98

 

There is nothing that can be said that can justify the above pricing issue. Can you imagine invoicing a cabin filter for $55.98 and the customer comes in the next day armed with the OEM list price that 50% less! We try our best to establish a good reputation that could be tarnished by things like this. The above example is NOT unique. I have documented 20 to 30 price comparisons all ending with Advance having inflated cost and list pricing. Wipers, steering/suspension and exhaust prices so far have checked out OK with a fair cost and list.

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The list prices autozone and advance spit out are moronic. Many many times I've climbed all over the territory managers for its stupidity.

 

Phynny, I've never understood why "list price" even exists as everyone pays "cost" or less. What did the managers say about it?

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Wow... I find I quite amusing how people bash certain auto parts suppliers and say that their employees are "wanna be mechanics " but yet those persons that bash on those parts supplier buy parts from them.arent those wanna be mechanics the same person that are selling you those parts ?? And NO I don't work for them..,it just irritates me to think that just because we may or think we know more than someone else in a lower position then us,we put them down..It is really dumb..And yes I was a wanna be mechanic.,, but you know what WE all was once A

Wanna be.. And now we

Are IT.. "THE BEST OF

THE BEST"...i didn't,and WILL never

Forget where I came from..

JUST SAYIN.... We just need

To keep humble...

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  • Have you checked out Joe's Latest Blog?

         13 comments
      Most shop owners would agree that the independent auto repair industry has been too cheap for too long regarding its pricing and labor rates. However, can we keep raising our labor rates and prices until we achieve the profit we desire and need? Is it that simple?
      The first step in achieving your required gross and net profit is understanding your numbers and establishing the correct labor and part margins. The next step is to find your business's inefficiencies that impact high production levels.
      Here are a few things to consider. First, do you have the workflow processes in place that is conducive to high production? What about your shop layout? Do you have all the right tools and equipment? Do you have a continuous training program in place? Are technicians waiting to use a particular scanner or waiting to access information from the shop's workstation computer?
      And lastly, are all the estimates written correctly? Is the labor correct for each job? Are you allowing extra time for rust, older vehicles, labor jobs with no parts included, and the fact that many published labor times are wrong? Let's not forget that perhaps the most significant labor loss is not charging enough labor time for testing, electrical work, and other complicated repairs.  
      Once you have determined the correct labor rate and pricing, review your entire operation. Then, tighten up on all those labor leaks and inefficiencies. Improving production and paying close attention to the labor on each job will add much-needed dollars to your bottom line.
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