AutoNation (NYSE: AN) announced that it has signed an agreement to acquire 12 stores, including 31 franchises, in the Houston, Dallas-Fort Worth, Corpus Christi, Tyler, Ennis and Waco, Texas markets from Allen Samuels Auto Group, representing approximately Kurume, Japan-based Bridgestone Corp.’s U.S. subsidiary has agreed to buy the Pep Boys auto-parts chain for about $835 million. The deal would close at the beginning of 2016. Bridgestone operates more than 2,200 tire and automotive centers in the U.S The Gretna Chamber of Commerce held a ribbon cutting on Friday, October 16 for the team at O’Reilly Auto Parts. The store recently opened at Highway 6/31 and Bryan Circle in Gretna. Store manager Patrick Mahan and the team hosted a grand opening Dublin Building Systems has completed a research and development facility for Honda auto parts producer KTH Parts Industries Inc. in Jerome Township. The general contractor said the division of H-One Company Ltd. has moved into the 35,000-square-foot R&D The head of Iran’s Association of Car Parts Manufacturers says auto manufacturing has shrunk by 50 percent and 50,000 workers in the sector have lost their jobs. In an interview with IRNA, Sasan Gorbani said: “190,000 people were employed in the auto Las Vegas Boulevard will close temporarily on Thursday, Nov. 5 to accommodate 3,000 Aftermarket Auto Parts Alliance customers making their way from the Mirage to AAPEX 2015. The Alliance customers, who are automotive technicians and jobbers, will leave the .
Robert BOSCH Automotive, a German auto parts manufacturing company, has signed an agreement Koh-i-Noor Trading, a private Pakistani concern, for sale and distribution of universal auto parts in the country. The agreement was signed between the two concerns AutoNation (NYSE:AN) confirms it will acquire 12 stores from Allen Samuels Auto Group for an undisclosed amount. The new dealerships and franchises represent $800M in annual revenue and approximately 19.5K retail new and used vehicle sales. On Monday, Bridgestone said it would acquire car parts retailer Pep Boys for cash of $835 million as a way to gain a huge increase in its number of retail locations. Purchasing Pep Boys, which is perhaps best known for the colorful names of founders Jack Frankfurt: Loss-making Indian car parts maker Amtek Auto is looking to sell its German unit Tekfor, a business with sales of more than €500 million ($554 million), two people familiar with the matter said. Amtek, which is on a drive to cut debt .
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