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Les Schwab founded the company with a single store in Prineville, Oregon, when he bought OK Rubber Welders in 1952. Corporate headquarters were moved from Prineville to Bend in 2008. [ 2 ] From 1964 until 2011, the firm offered an innovative February "Free-Beef" promotion, [ 3 ] [ 4 ] to boost sales during slow late-winter months.
A Meineke in Hillsboro, Oregon. In 2006, Meineke Car Care Centers’ parent company, Meineke Holding Company, became Driven Brands, Inc. and acquired the quick oil change company, Econo Lube 'N Tune Inc. [9] In 2008, it acquired Maaco, Auto Qual, and Drive N Style.
In 1998, [8] [9] AutoZone acquired ADAP Inc, who had stores under the ADAP Discount Auto Parts and Auto Palace nameplates respectively, [10] both being auto parts chains in the northeastern United States with 112 stores, [11] [12] TruckPro L.P., a chain with 43 stores in 14 states, and the 560-store Chief Auto Parts Inc., a chain with a ...
Tesla's strategy of direct customer sales and owning stores and service centers is different from the standard dealership model in the US vehicle marketplace. [28] In the early 2010s, Tesla was the only manufacturer that sold cars directly to customers; all other automakers used independently owned dealerships [ 29 ] [ 30 ] although some ...
In 2023, Advance Auto Parts took over as the official sponsor of the checkered flag in IndyCar. [39] Advance Auto Parts has served as a sponsor in NASCAR, where it is the official auto parts retailer of the sanctioning body. [40] The company sponsored the 2017 Advance Auto Parts Clash exhibition race at Daytona International Speedway. [41]
In 2022, American Tire Distributors sold their Canadian operations (National Tire Distributors) to Groupe Touchette. [15] In October 2024, ATD filed for Chapter 11 bankruptcy protection for the second time, listing assets and liabilities between $1 billion and $10 billion. The company plans to sell itself to new owners in efforts to eliminate debt.
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