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Report: Advance Auto Parts to lay off 50 people in Raleigh, 50 at Roanoke HQ

2015-08-11 08:37:04| Auto Parts - Topix.net

Multiple media outlets are reporting that auto parts retailer Advance Auto Parts Inc. is planning to cut 100 corporate jobs from its headquarters in Roanoke, as well as from the company's corporate campus in Raleigh. According to the newspaper, 50 of the jobs will be cut from the company's headquarters in Roanoke where it currently employs about 850 people.

Tags: people report auto parts

 

I'm Staying Away From Advance Auto Parts For Now

2015-08-08 23:06:02| Auto Parts - Topix.net

It's important for long-term investors to develop a guide for doing their investment research. Over the years I have developed questions to guide me in my thinking when researching the publicly traded universe.

Tags: now auto parts advance

 
 

US: auto sales in July hit booming pace

2015-08-05 04:00:55| Auto Dealers - Topix.net

New vehicle sales have kept their brisk pace last month in the US, the second largest auto market in the world, with automakers posting robust year-over-year increases as the seasonally adjusted annual rate of sales, or SAAR, approached the 18 million units threshold. General Motors, Chrysler, Ford, Nissan, Lexus, Audi, Subaru and Volkswagen were among the key makes that delivered positive results as the industry sales were in July again on pace to secure the best level in at least a decade.

Tags: july auto sales hit

 

Suit over NAPA Auto Parts pricing settlesUpdated Aug 4, 2015,

2015-08-05 00:52:32| Auto Parts - Topix.net

The settlement only binds Genuine Parts Company, the Atlanta-based company that owns and operates many NAPA stores in California, and does not apply to independently-owned NAPA stores. The lawsuit, in San Diego Superior Court, was filed after authorities from the county Department of Agriculture, Weights and Measures found several instances of customers being charged a higher price at cash registers than what was posted at the store displays, prosecutors said.

Tags: auto parts aug pricing

 

Canada auto sales edge up in July; Ford and GM down

2015-08-04 23:55:33| Auto Dealers - Topix.net

Canadian auto sales rose 0.4 percent in July from a year earlier but some major automakers, including Ford Motor Co. and General Motors, saw sales decline, according to data compiled by DesRosiers Automotive Consultants Light vehicle sales rose to 177,844 cars and trucks from 177,108 a year earlier, setting a new July sales record.

Tags: down july auto canada

 

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