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Net sales for Advance Auto Parts in 2023 were $11.3 billion (up 1.2% from 2022). Gross profit for 2023 $4.5 billion. Operating profit for the full year 2023 $114.4 million, 1.0% of net sales (6.0% of net sales in 2022). Net cash provided by operating activities was $0.3 billion for the full year 2023. [2]
JEGS High Performance is the second largest mail order company of automotive equipment in the United States. It sells performance auto parts, aftermarket accessories, tools, and race apparel. It sells performance auto parts, aftermarket accessories, tools, and race apparel.
Reyes Beverage Group is the largest beer distribution organization in the United States [3] representing import, craft and domestic beer brands. The beer distribution operations within Reyes Holdings, LLC, are collectively known as Reyes Beverage Group, distributing over 272 million cases of beer to over 100,000 customers annually.
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Captive import arrangements are usually made to increase the competitiveness of the domestic brand by filling a perceived target market not currently served by its model lineup that is either not practical or not economically feasible to fill from domestic production or a mutually beneficial agreement that helps automakers without a strong distribution network or a presence in a specific ...
The laws against direct sales arose historically in the United States starting in the 1930s, as automobile manufacturers started using independently franchised dealerships to offload the tasks of retail selling and servicing vehicles. [38] The laws have been actively defended into the 21st century and extended to online in-state sales.
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Some owners even acted as sales reps for manufacturers who were happy to help, leading to official imports and the British sports car craze in North America. [15] As with future waves of imported cars, this led the U.S. automakers to develop domestic models, ncluding the Nash-Healey , Ford Vega , Ford Thunderbird , and Chevrolet Corvette .
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