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Aftermarket
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PHINIA Present at Wells Fargo’s 2025 Industrials and Materials Conference

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, participated today, Tuesday, June 10, 2025, in the Wells Fargo’s 2025 Industrials and Materials Conference. PHINIA’s participation was in-person and consisted of a fireside chat and investor meetings. PHINIA’s President and CEO, Brady Ericson, and CFO, Chris Gropp, joined a fireside chat with Wells Fargo’s, Colin Langan. The event was webcasted and is...
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PHINIA Announces Definitive Agreement to Acquire SEM

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today announced it has entered into a definitive agreement for PHINIA to acquire all of the issued and outstanding shares of Swedish Electromagnet Invest AB (publ) (“SEM”). Founded in 1915, SEM is a prominent provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors primarily fo...
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U-Haul Offers Disaster Relief across Dallas Metro after Storms, Flooding

DALLAS--(BUSINESS WIRE)--U-Haul® is offering 30 days of free self-storage and U-Box® container usage at 75 facilities throughout the Dallas-Fort Worth-Arlington metro area, as well as other parts of north and west Texas, after strong storms caused damage and widespread flooding on Sunday night. Dallas County experienced severe flooding and residential properties in Fannin County sustained tree and roof damage from powerful winds. Access to dry and secure self-storage units and portable storage...
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PHINIA Makes Paris Air Show Debut, Signaling Strategic Entry into Aerospace Market

PARIS--(BUSINESS WIRE)--PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, has announced its inaugural presence at the world’s most prestigious aerospace industry trade show, the Paris Air Show 2025. Taking place between 16-22 June at Le Bourget Exhibition Center in Paris, PHINIA’s debut at the event marks a significant step in the company’s expansion into the aerospace industry. PHINIA will be exhibiting in Hall 4, Stand E97, where it will...
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Clutch Launches First Permanent Customer Hub in CF Markville Mall

TORONTO--(BUSINESS WIRE)--Clutch, Canada’s fastest-growing online used car retailer, announces the opening of its first Customer Hub inside Cadillac Fairview Markville Mall (5000 Hwy 7, Markham, ON). This opening marks a significant milestone in Clutch’s mission to make buying and selling pre-owned cars easier, more convenient, and more accessible for all Canadians. To celebrate the grand opening, Clutch has partnered with Andrea’s Cookies to give away custom treats to anyone who stops by on Su...
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Vehlo’s Dealerlogix Becomes Newest Certified Provider for Volkswagen’s eConnect Program

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Dealerlogix, a leading all-in-one fixed operations software suite for automotive dealership service departments, today announced its approval as a certified provider in Volkswagen’s eConnect Program. Dealerlogix is driven by Vehlo, which also owns Text2Drive, Rapid Recon, Service Lane eAdvisor and Velocity Automotive Solutions in their Dealership Software Division. An all-in-one solution for dealership fixed operations, Dealerlogix provides retention text comm...
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Motorcar Parts of America Reports Fiscal Year Results

LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported strong results for its fiscal 2025 fourth quarter, with record net sales and gross profit, and strong cash flow generation for the year ended March 31, 2025. Key highlights for the fiscal year Net sales increased 5.5 percent to a record $757.4 million. Gross profit increased 16.1 percent to a record $153.8 million. Generated cash from operating activities of $45.5 million and reduced net bank debt by $32...
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Superior Industries International, Inc. Receives NYSE Continued Listing Standards Notice

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. Receives NYSE Continued Listing Standards Notice...
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Greybull Stewardship Announces Acquisition of VSSTA

JACKSON, Wyo.--(BUSINESS WIRE)--Greybull Stewardship (“Greybull”), a private investment firm that partners with small, established businesses to help them grow and scale, today announced its acquisition of VSSTA, Inc., a provider of technological and automated solutions in the collision repair industry. Financial terms were not disclosed. VSSTA offers education, tools and services to assist automotive collision repair shops in conducting safe and proper repairs. The company uses remote diagnost...
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U-Haul Holding Company Announces Quarterly Cash Dividend

RENO, Nev.--(BUSINESS WIRE)--U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on June 4, 2025 declared a quarterly cash dividend of $0.05 per share on its Series N Non-Voting Common Stock (NYSE: UHAL.B). The dividend will be payable June 27, 2025 to holders of record on June 16, 2025. This is the eleventh dividend issued under the Company’s dividend policy announced in Octo...