LKQ Corporation’s Board of Directors has authorized a $500 million increase to its existing stock repurchase program, the company announced. The increase raises the aggregate program authorization to $2.5 billion through October 25, 2024. Since initiating the stock repurchase plan in October 2018, the company has repurchased 37.3 million shares through March 31 for total… Continue reading LKQ Corporation Announces $500 Million Increase in Stock Repurchase Program
Category: News
News and updates from the automotive aftermarket: performance, restyling, hot rods, and customization.
Shelby American to Celebrate 60th Anniversary at Carlisle Ford Nationals
Festivities will include a concept vehicle introduction, factory display and more…
Toyo Tires Americas Appoints New President, CEO
Toyo Tire has appointed Michael Graber as its new president and chief executive officer…
KYB Named APSG’s Marketing Excellence Vendor of the Year
KYB recently received the Automotive Parts Services Group’s Marketing Excellence Vendor of the Year award…
Cahaba Media Group Acquires THE SHOP
Cahaba Media Group has acquired the assets of two business-to-business brands, THE SHOP and RV PRO, from National Business Media, Inc., the company announced. THE SHOP—which includes a print magazine, digital issue, website, daily newsletter, social media and podcast—offers automotive aftermarket professionals insight on trends and products in performance, restyling/aftermarket accessories, hot rods and customization,… Continue reading Cahaba Media Group Acquires THE SHOP
Private Investment Firm Acquires S&W Performance Group
S&W Performance Group, a drag racing and performance street vehicle chassis and components manufacturer, has been acquired by an automotive enthusiast-owned private investment firm. “I have decided to step away from ownership and into retirement. It was a difficult decision, as I have devoted my life to our family business and thoroughly enjoyed piloting S&W… Continue reading Private Investment Firm Acquires S&W Performance Group
Why Ignoring LinkedIn is Costing You Money
Utilizing the platform provides an opportunity to bring high-value clients into your shop, according to Motorhead Digital…
E.C.D. Automotive Design Offers Inside Look at Sourcing Process
The team locates base vehicles, parts and more from its U.K. logistics facility, then ships the inventory to the U.S. for restoration…
Worksport Purchases New York Manufacturing Facility
The facility will house manufacturing for its new SOLIS solar cover…
Tint World Hires Social Media and Design Manager
Tint World has named Patrick Amaral as the company’s social media and design manager…
Legend Car Updated for 2022
Weighing in at 1,250 lbs. and powered by a 125-hp Yamaha FZ09 engine, the new racer from U.S. Legend Cars builds on the original design first launched in 1992…
Kindig-It Design Partners with Dynamat
Dynamat has formed a new partnership with Kindig-It Design and Dave Kindig, the company announced. As part of the partnership, Kindig-It Design will exclusively use Dynamat products on any and all of its builds that require sound deadening. “We’re really excited about this partnership, everyone knows the Dynamat name – they are the verb in… Continue reading Kindig-It Design Partners with Dynamat
SEMA Ignited Returns for 2022
SEMA Ignited will return following the 2022 SEMA Show on Nov. 4, SEMA Show officials announced. Held after the conclusion of the SEMA Show, the official afterparty will be held outside the West Hall of the Las Vegas Convention Center. SEMA Ignited is open to the general public and to SEMA Show badge holders. The… Continue reading SEMA Ignited Returns for 2022
AirSept Names Marion Parkes as Procurement Manager
AirSept, a manufacturer of repair solutions for the automotive aftermarket, has appointed Marion Parkes as the company’s new procurement manager, the company announced. Parkes is responsible for both direct and indirect strategic sourcing strategies and processes, the establishment of best practices for procure-to-pay processes for all transactions, managing all vendor relationships and contractual KPIs and… Continue reading AirSept Names Marion Parkes as Procurement Manager
Eleven Engineering Announces Alliance with Audio Components International
Eleven Engineering, a producer of semiconductor products for wireless audio, has formed a new design and development Value Added Partner (VAP) alliance with Los Angeles-based Audio Components International, Inc. (ACI), the companies announced. The VAP agreement creates a resource for both ACI and Eleven’s customer bases for new product development and design of various wireless… Continue reading Eleven Engineering Announces Alliance with Audio Components International