Apple sells auto parts company to a Japanese company for $3.2 billion

Apple sold its auto parts maker to a local auto parts supplier on Monday, with the transaction valued at more than $3 billion, according to Reuters.The sale comes as Apple looks to increase its presence in the auto parts industry after a long battle with competitors including Ford Motor Co and General Motors Co. Ford […]

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How to replace a busted Honda Accord with a replacement from Hertz

hollands auto parts is the only manufacturer to be able to supply the replacement for the Honda Accord.The hollanders auto parts website said on Friday that it had delivered the car to its customers, and was now in the process of fitting the new engine to the car.Hertz has been providing the car for over […]

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What You Need to Know About Lacy Auto Parts

Grayline Auto Parts, a California-based manufacturer of auto parts for the United States military, said Thursday it will close its Fairfax, Virginia, factory, the largest in the United Kingdom.Grayline said the company will focus on its existing U.K. operations, which employ more than 4,500 people, and on expanding its U.S. operations.The Fairfax factory, which employs […]

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Fox Auto Parts: Fox will buy the auto parts chain, Fox Business Network report says

Fox Auto parts is expected to announce its purchase of Fox Autoparts chain in a conference call Thursday.Fox will also invest in the new company.The new Fox AutoParts is expected at an annual cost of $1.3 billion, according to Fox Business analyst Adam Jonas.Fox plans to create approximately 500 jobs in its Phoenix, Ariz., manufacturing […]

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Ontario’s auto dealers say there are no plans to cut sales of auto parts

Ontario’s automotive sector is bracing for another shock from a government-mandated price freeze, with auto parts suppliers blaming an economic downturn and a slowdown in the auto parts business for the downturn.The Ontario Manufacturers Association, which represents auto dealerships, said Friday it is working with industry partners to help mitigate the impact of the price […]

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