Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced an agreement to acquire a majority controlling interest in Castrol, a global leader in lubricants, from BP p.l.c., with Canada Pension Plan Investment Board as a...
New light vehicle sales across Canada softened noticeably in November, with Quebec once again emerging as the focal point of market weakness. For automotive aftermarket professionals, the data reinforces a familiar theme: slowing new vehicle sales do not necessarily...
The ZF Group is selling its Advanced Driver Assistance Systems (ADAS) business to US in-cabin electronics leader Harman International Inc. This will give Harman a highly sought-after combination of safety and vehicle interior technologies for automotive manufacturers...
NexaMotion Group has announced the appointment of Chris Huff as Vice President of Pricing and Category Management. With more than 15 years of experience in the automotive aftermarket, HUff brings a data-driven approach and proven leadership across multiple levels of...
Let me be clear: I do not know what Santa Claus drives when he’s not holding onto a set of reins with eight tiny reindeer on the other end. However, and it’s a big “however,” I do know that one of his elves drives a VW Tiguan. I know this because Santa was in the...
NTN Bearing Corporation of Canada has announce the promotion of Brian Lebowicky to the role of Director of Sales for the Canadian Automotive and Heavy-Duty Aftermarket. Lebowicky has over 25 years of sales and account management experience with Automotive and...
As its 2025 Winter Shareholder Meeting drew to a close, the Aftermarket Auto Parts Alliance, Inc. honoured top suppliers and named East Penn Manufacturing as its 2025 Channel Partner of the Year award winner. Pictured (l-r): John C. Washbish, President & CEO -...
Goodyear Belts, a licensed brand dedicated to delivering premium power transmission products for the automotive and industrial markets, announced the appointment of Blake Deavers as Chief Commercial Officer (CCO). In this executive role, Deavers will oversee all...
Akebono Brake Corporation has announced the release of several new part numbers across its ProACT, EURO, and Severe Duty product lines. This latest expansion is part of Akebono’s ongoing commitment to provide unparalleled coverage, OE-quality performance, and premium...