Weekly round-up news


Our weekly round-up of news for the automotive aftermarket. If you want to receive more news in your email inbox, please subscribe to our newsletter where you will receive industry news on a bi-weekly basis.

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automotive parts

Auto aftermarket firm myTVS raises Rs 203 cr in funding from Lingotto

Automobile aftermarket company myTVS has raised Rs 203 crore from an Exor fund managed by Lingotto, getting the money as part of a Series C funding.

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Advance Auto Parts Announces Supply Chain Leadership Changes

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider, today announced that Reuben E. Slone, executive vice president, supply chain, will retire from the company and be succeeded by Stephen J. Szilagyi. Mr. Szilagyi comes to Advance…

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Recochem Completes Acquisition of Torque Detail

Recochem, a global leader in manufacturing, marketing, and distributing automotive aftermarket and household fluids, is pleased to announce that it has completed the acquisition of Torque Detail (“Torque” or the “Company”), a leading brand of automotive detailing products.

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AMN Year in Review: Top 10 Personnel News Stories Of 2022

Annual AMN Year in Review series for 2022. In this first video, AMN Editor Amy Antenora and Multimedia Senior Editor Nadine Battah, recap the 10 most popular personnel news stories featured on AMN in the past year. This episode of the AMN Year in Review is sponsored by Litens.

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Automotive Tire Aftermarket Market Growth Sturdy at 6.0% CAGR to Outstrip $ 159,497.33 Million by 2028

According to our latest market study on “Automotive Tire Aftermarket Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Tire Type, Distribution Channel, Rim Size, and Geography,” the market is expected to grow from US$ 105,869.22 million in 2021 to US$ 159,497.33 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2020 to 2028.

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The Auto Parts Dilemma: How a New World Will Lead to The Critical Need for Packaging Versatility

Like the rest of the world’s industries, the automotive landscape is changing. Due to supply chain issues, new cars are harder to get, and labor challenges are compounding the problem. Consumers are keeping their cars longer and there’s a rising demand for auto parts — whether new or refurbished.

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