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The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.
CarParts.com (formerly U.S. Auto Parts Network, Inc.) is an American online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. [5] The company is headquartered in Torrance, California and was founded in 1995 by Sol Khazani and Mehran Nia. It is traded on NASDAQ as PRTS.
Aftermarket exhaust parts can increase peak power by reducing the back pressure of the exhaust system. [ 12 ] [ 13 ] These parts sometimes can void factory warranties, however the European Union Block Exemption Regulations 1400/2002 prevents manufacturers from rejecting warranty claims if the aftermarket parts are of matching quality and ...
Advance stock declined throughout 2016 and 2017, but in 2018 Advance was the #5 top performing stock of the S&P 500 [22] outperforming the aftermarket automotive parts industry by more than 30 percent. [23] In November 2018, Advance Auto Parts announced the relocation of its headquarters from Roanoke, Virginia to Raleigh, North Carolina.
Dorman focuses on identifying parts that are frequently failing on cars, trucks and other motor vehicles in operation and developing repair and replacement products. [4] The company announced record sales in 2022. [5] In August 2022, the company began the purchase of SuperATV for $590 million in total value. [6]
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