LKQ to buy German car parts retailer Stahlgruber…

US auto parts retailer LKQCorp said it would buy German peer Stahlgruber for about 1.5 billion euros ($1.8 billion), including debt, to consolidate its dominant position in the European market. Stahlgruber will help Chicago-based LKQ withstand intensifying competition from…

How to Calculate Your Parts Turn

When a customer brings a car in for service, they want it repaired as quickly as possible. For this reason, your parts department requires timely access to inventory, generally without question. Parts is one of…

Focus on Fixed Ops: How to Thrive After…

The auto industry is just beginning to adjust to a post-peak SAAR reality. In this environment, some dealers may be tempted to put their faith in overall economic confidence and key projections pointing toward stronger…

3 Ways to Maintain Part Sales

As large companies like Amazon and Alibaba enter the aftermarket auto parts business, should brick-and-mortar retailers and auto manufacturers be nervous? With their vast reach, popularity and insane margins, these larger ecommerce companies are primed…

3 Ways to Boost Upsell and Compensation

When describing the service advisor role, former dealership GM turned consultant John Napoleon gets right to the point: “The position starts with its name, ‘service,’ and the person in that position must understand what service…

Peugeot to build Aisin gearboxes under licence

PARIS: Peugeot maker PSAGroup plans to build Aisin Seiki automatic gearboxes under licence in France after failing to persuade the Toyota-owned supplier to invest in joint production, company sources said. Paris-based PSA has struck a licensing deal with…