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Hammer Time: Black Friday Deal? Or No Deal.
Motor Oil! Must Buy Motor Oil! Forgive me for offering the two millionth article about Black Friday shopping. But this personal screed will not be about, “Buy! Buy! Buy!” It will be all about,...
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Junkyard Find: Manny, Moe, and Jack Edition 1991 Toyota Tercel Coupe
A couple of years have passed since the last Manny, Moe, and Jack Edition Junkyard Find, so we’re due for another car that was customized with every manner of stick-on hood scoop,...
View ArticleBridgestone Offers $835M to Buy Pep Boys Chain
Japanese tire giant Bridgestone agreed Monday to buy Pep Boys for $835 million and potentially create the largest chain of U.S. automotive service centers, the companies announced. The deal would...
View ArticleParts Giant Pep Boys Has New Suitor in Carl Icahn
Billionaire investor Carl Icahn disclosed a 12-percent ownership stake in Pep Boys and said that Auto Plus, a competitor which he owns, should consider buying the retail parts giant, Bloomberg...
View ArticleCarl Icahn Offers to Buy Pep Boys for $863 Million
After disclosing that he had purchased a 12-percent stake of the company, billionaire investor Carl Icahn submitted an offer of $863 million for the Pep Boys chain of automotive parts stores, according...
View ArticleTTAC News Roundup: Merry Boozy Christmas; Subaru Can’t Make ’em Fast Enough;...
You’ve made some bad decisions at the holiday office Christmas party. We’ve all done it. Don’t compound it by using a (probably inaccurate) free breathalyzer that you picked up at a Honda dealer...
View ArticleTTAC News Roundup: Nissan’s LeMans Project Garaged, UAW Wants To Talk to VW,...
From DNF to DNS, the Nissan GT-R LM project has finally been retired. That, and it’s lights out for some Crown Vics, the UAW just wants to talk, Hyundai will spend more to lend more, and more … after...
View ArticlePep Boys Agrees to $947M Bid From Bridgestone
Bridgestone will buy Pep Boys for $947 million, shunning a competing bid from investor Carl Icahn, to complete its purchase of the auto parts chain, Bloomberg reported (via Automotive News). The...
View ArticleTTAC News Round-up: How Low Can Oil Go, IROC an El Camino, and What’s Buick...
A picture is worth a thousand words, or millions of dollars worth of cars not built by the United Auto Workers. That, and Buick is planning a surprise for Detroit, oil prices are ever-so-slightly up, a...
View ArticleCarl Icahn Definitely, Probably Secures Purchase of Pep Boys, Maybe
Stop us if you’ve heard this one before: Billionaire investor, activist and horse racing enthusiast Carl Icahn bid to buy Pep Boys on Tuesday for just over $1 billion, outpricing Japanese tire giant...
View ArticleCarl Icahn Wants It All
Billionaire businessman and activist investor Carl Icahn wants to snatch up the last bits of Federal-Mogul Holdings Corporation he doesn’t already own, Automotive News reports. The 80-year-old tycoon...
View ArticleElio Motors Says It Will Sell 100 Pre-Production Prototypes to Fleets, Delays...
In a move that has already generated criticism from disappointed deposit holders, Elio Motors announced that production of its enclosed tandem three-wheelers will be delayed, yet again, to an...
View ArticleAdvance Auto Parts Grows its Presence in California
Advance Auto Parts announced today that they are leasing the retail space of 109 Pep Boys stores in California, for conversion into Advance Auto Parts stores in the next 9-12 months. The agreement...
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