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Midas also owns the SpeeDee Oil & Auto Service business, with more than 150 auto service centers in America. [3] Midas has ranked #150 on Entrepreneurs top Franchise 500. [ 4 ]
By the 1890s, Valvoline oil was associated with winning race cars. [8] During the early 20th century, Valvoline was the recommended motor oil for the Ford Model T. [4] In 1949, Ashland Inc. purchased the Freedom-Valvoline Company. [9] By 2016, Ashland's Valvoline subsidiary accounted for about 37% of the parent company's annual revenue. [4]
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With modern synthetic oils and new tests such as BMW's LL ("long life") oil specifications, most current cars can go over 6,000 miles (9,700 km) before needing an oil change. Even most modern conventional oils (also called mineral oils) can take a car engine at least 5,000 miles (8,000 km) before needing an oil change. [1] [2] [3] [4]
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