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Category: Automotive Aftermarket

Automotive Aftermarket / Robotics

Robotic tire changer installed at Livonia auto shop

DETROIT–RoboTire, the Detroit-based robotics and automation developer,  announced it has installed its tire-changing system at a Detroit Garage, a tire shop at 33939 Plymouth Road in Livonia. The installation marks …

Automotive Aftermarket / Online Shopping

RealTruck adds four executives

ANN ARBOR–RealTruck Inc., the manufacturer and online retailer of aftermarket truck parts and accessories, welcomes four new additions to its executive team, under the leadership of CEO Carl-Martin Lindahl. Tammy Bohen …

Auto Dealers / Auto Industry / Automotive Aftermarket / Customer Experience

Dissatisfaction with EV service jolts J.D. Power study of auto service

TROY–The increasing volume of battery electric vehicles being serviced at dealerships is contributing to a negative effect on overall customer service satisfaction, resulting in a year-over-year decline in score for …

Automotive Aftermarket / Robotics

RoboTire launches robot tire changing system in Discount Tire location

PLYMOUTH–RoboTire, a Plymouth-based robotics and automation company, has implemented its tire-changing system at a Discount Tire store in Arlington, Texas. This installation marks the second application of RoboTire’s innovative technology with …

Acquisitions / Auto Suppliers / Automotive Aftermarket

Horizon Global in $48.5M buyout from Rochester Hills’ First Brands

PLYMOUTH—Horizon Global Corp. (NYSE: HZN), the Plymouth-based manufacturer of towing and trailering equipment, has announced it will be purchased by Rochester Hills-based First Brands Group LLC for $1.75 a share. …

Automotive Aftermarket / Robotics

RoboTire expands in new deal with Pennsylvania’s Creamery Tire

DETROIT—RoboTire, the Michigan-based robotic tire changing and installation startup,  announced a partnership with Creamery Tire Inc., a locally owned and operated tire service center founded in Creamery, Pa. in 1988. Creamery Tire is …

Acquisitions / Auto Suppliers / Automotive Aftermarket

DexKo makes another trailer parts acquisition

NOVI—DexKo Global Inc., the manufacturer of engineered trailer running gear, chassis assemblies, and related components, announced that its wholly-owned subsidiary Dexter Axle Co. has acquired National Trailer Parts Warehouse Ltd, …

Angel Investors / Automotive Aftermarket / Private Equity / Robotics / Startups / Venture Capital

Auto tech startup RoboTire closes $7.5M Series A funding round

DETROIT—Officials at the Detroit based automotive robotics startup RoboTire announced the closing of its $7.5 million Series A investment round. The round was led by Scottsdale, Ariz.-based Reinalt-Thomas Corp., which …

Automotive Aftermarket / Earnings / Manufacturing

Horizon discloses sales increase, bigger credit line

PLYMOUTH—Officials at Horizon Global Corp. (NYSE: HZN), the manufacturer of branded towing and trailering equipment, announced preliminary net sales results for the first quarter of 2021 and announced a $10 …

Auto Suppliers / Automotive Aftermarket

Meritor announces new execs

TROY—The auto supplier Meritor Inc. (NYSE: MTOR) announced several executive appointments effective March 1. The appointments occur as aresult of the previously announced move of Jay Craig, president and CEO, to …

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