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Jiffy Lube went public in 1987, and had opened over 1,019 franchises and company stores by 1989. In 1991, it became a subsidiary of Pennzoil. [9] Following the merger of Pennzoil and Quaker State in 1998, the 581 Q Lube stores were merged into the Jiffy Lube brand, then possessing 1,541 stores, with overlapping operations being closed down. [9]
In addition to the main Shell brand, the company also owns the Jiffy Lube, Pennzoil and Quaker State brands. Shell is a constituent of the FTSE 100 Index and had a market capitalisation of US$199 billion on 15 September 2022, the largest of any company listed on the LSE and the 44th-largest of any company in the world. [ 17 ]
On December 15, 2011, ALLDATA LLC, an operating unit of AutoZone, expanded its direct presence in Canada to better serve its growing customer base. [26] [27] On August 17, 2012, AutoZone expanded into their 49th state Alaska by opening their 5,000th store in Wasilla, Alaska. In 2012 AutoZone opened their first store in Brazil. [28]
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Mr. Lube in Richmond Hill, Ontario. ML Royalties LP (doing business as Mr. Lube) is a Canadian chain of automotive service centres, specializing in oil changes and other scheduled maintenance. It was founded in 1976 by Clifford Giese, who opened its first location in Edmonton, Alberta. Mr. Lube is the largest quick oil chain in Canada.
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The change was forecast to reduce Firestone's annual race testing budget from between $6 and $8 million to around $500,000 [37] (in 2023, roughly equivalent to a reduction from $28.8 million–$38.5 million to $2.4 million [21].) Shortly afterward, Firestone extended this to a complete withdrawal by the end of the 1974 season. [38]