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PRTS
1.200
+9.09%
0.100
Weekly Report: what happened at PRTS last week (0715-0719)?
Weekly Report · 4d ago
*CarParts.com Appoints Christina Thelin as Chief Marketing Officer
Dow Jones · 07/18 11:04
Press Release: CarParts.com Announces Appointment of CMO to Support Growth Plans
Dow Jones · 07/18 11:03
CarParts.com Gains 16%, Insider Trades Reap Benefit
CarParts.com, Inc. Insiders bought US$9.6m worth of shares in the last year. The company's share price rose 16% last week. In the last 12 months, Carparts.com insiders have spent US$147k on shares. The firm owns 8.8% of CarParts. It is good to see an insider purchase of shares at a lower price. But the company is showing signs of losses and this could be a bad sign for shareholders. You can see how carParts. And other companies have been bought by insiders in the past.
Simply Wall St · 07/17 13:49
Auto File: Mao's Motors in Europe
Auto File: Mao's Motors in Europe will launch its electric car in Europe later this year. Elon Musk endorsed Donald Trump's bid for president. Chinese automaker Hongqi will launch an electric car brand in Europe. U.S. Union doubts over Joe Biden's ability to beat Donald Trump.
Reuters · 07/16 15:00
UPDATE 1-AutoNation expects hit to Q2 profit from CDK outage
AutoNation expects hit to Q2 profit from a cyberattack at retail technology provider CDK in June. The attack prompted CDK to take down its dealer management system. AutoNation expects its earnings per share for the quarter ended June 30 to be lower than analysts' estimates.
Reuters · 07/15 11:18
Weekly Report: what happened at PRTS last week (0708-0712)?
Weekly Report · 07/15 09:03
UPDATE 1-Three people killed by faulty replacement air bag inflators, US safety agency says
U.S. Auto safety agency says three people have been killed by faulty replacement air bag inflators. The inflators malfunctioned in subsequent crashes, sending metal fragments into drivers, agency says. NHTSA urges used car buyers to beware of substandard imported inflators that can cause death or serious injury.
Reuters · 07/10 15:12
UPDATE 2-NHTSA opens recall query into about 94,000 Jeep Wrangler 4xe SUVs
NHTSA opens recall query into about 94,000 Jeep Wrangler 4xe SUVs over loss of motive power. The investigation targets the same model that was previously recalled in 2022. The U.S. Auto safety regulator says the investigation targets hybrid SUVs manufactured between 2021 and 2024.
Reuters · 07/09 10:02
Weekly Report: what happened at PRTS last week (0701-0705)?
Weekly Report · 07/08 09:03
Ford's Q2 sales slow as industry reels from CDK cyberattack
Ford's Q2 sales slow as industry reels from CDK cyberattack. The Detroit automaker sold 536,050 vehicles in the quarter, compared with 531,662 units a year ago. Ford reported slower rise of about 1% in second-quarter sales.
Reuters · 07/03 13:20
China EV makers brace for tariffs as Beijing, EU engage in talks
European Commission to impose provisional tariffs on electric vehicles made in China. The bloc is set to confirm on Thursday extra duties of up to 37.6% aimed to prevent a flood of China-built EVs into the European market. China and the European Commission have been in talks over the issue. China EV makers brace for tariffs as Beijing, EU engage in talks.
Reuters · 07/03 09:28
FACTBOX-Why a hack at CDK Global is casting a shadow on US auto sales
CDK Global says it expects all dealers to be live on its dealer management system by late July 3 or early July 4. The company's software is commonly used by dealers to streamline operations. A cyberattack on June 19 upended operations across car dealerships in the U.S.
Reuters · 07/01 16:03
Weekly Report: what happened at PRTS last week (0624-0628)?
Weekly Report · 07/01 09:04
US auto sales expected to slip in June on CDK cyber outage, report shows
US auto sales expected to slip in June on CDK cyber outage, report shows. New vehicle sales in the United States are projected to fall in June from a year ago. The report was released by industry consultants J.D. Power and GlobalData. Total vehicle sales for June 2024 are expected to reach between 1,336,800 and 1,273,600 units.
Reuters · 06/26 13:00
UPDATE 3-Volkswagen to recall 271,000 U.S. vehicles over possible air bag issue
Volkswagen to recall 271,000 U.S. Vehicles over possible air bag issue. A potential wiring fault may deactivate front passenger air bags when the seat is occupied. The recall affects certain 2021-2024 Atlas and Atlas Cross Sport vehicles. The issue also affects 36,000 vehicles in Canada.
Reuters · 06/26 09:54
UPDATE 4-Volkswagen recalling 307,000 vehicles over air bag sensor wiring
Volkswagen recalling 307,000 vehicles over air bag sensor wiring. The recall covers 271,000 in the United States and about 36,000 of the vehicles in Canada. VW says a potential wiring fault may deactivate front passenger air bags when the seat is occupied. This is the second recall by VW over the issue.
Reuters · 06/26 09:54
Auto File: China Cries Foul On Tariffs
Research: Three-quarters of car shoppers expect the U.S. Presidential election to impact the auto industry. China continues to press the European Union on tariffs on Chinese-made electric vehicles. A cyber-attack on car dealers in the United States has affected more than 15,000 dealers. China Cries Foul On Tariffs: China issues a yellow card for UK EV mandates.
Reuters · 06/25 15:00
Election uncertainty may impact U.S. auto industry, report says
Election uncertainty may impact U.S. Auto industry, report says. Consumers reluctant to make big-ticket purchases like vehicles due to inflationary pressures. Cox Automotive forecast that -vehicles sales volume in the first half of 2024 will rise by 2.9% year-over-year. Both shoppers and dealers believe inflation is the top concern.
Reuters · 06/25 14:02
UPDATE 1-Automakers ask US agency to reconsider emergency braking rule
Automakers ask US agency to reconsider emergency braking rule issued in April. The rule requires all cars and trucks by 2029 to have advanced automatic braking systems. The group says the requirement is "practically impossible with available technology" The National Highway Traffic Safety Administration says the rule will save lives.
Reuters · 06/24 18:31
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About PRTS
CarParts.com, Inc. is a technology-driven e-commerce company. It serves as an end-to-end solution for automotive repair and maintenance resources. It principally sells its products, identified as stock keeping units, to individual consumers through its Website, www.carparts.com, and online marketplaces. It has classified its products into three subcategories by function: replacement parts, hard parts, and performance parts and accessories. The replacement parts category is primarily comprised of parts for the exterior of an automobile. Parts in this category are typically replacement parts for original body parts that have been damaged as a result of a collision or through general wear and tear. The hard parts category is comprised of engine and chassis components, as well as other mechanical and electrical parts. These parts serve as replacement parts for existing engine parts. It offers performance versions of many parts, including parts from one of its own house brands, JC Whitney.