Automotive Aftermarket News
ATU CLOSES 45 BRANCHES
ATU intends to close 45 branches in Germany that are not working profitably or have no sustainable prospects. The now confirmed branch closings are not a…
Read more →Automotive Aftermarket News
Tag: Germany
Automotive Aftermarket News
Tyroo starts on the foundations of Reifen Krieg
The aftermarket had long puzzled over how Holger Krieg and Tobias Fink would react to the bankruptcy-related settlement of the wholesale company Reifen Krieg, which they…
Read more →
Automotive Aftermarket News
POPGOM stops operating
The online shop popgom.de operated by TYREDATING SAS has discontinued its business activities. TYREDATING was founded in 2008 with the participation of Michelin and Bertelsmann. In…
Read more →
Automotive Aftermarket News
ATU sells auto glass business to Carglass
Germany’s largest garage chain ATU wants to sell its auto glass business to Carglass, which specializes in this area. Both companies confirmed corresponding plans on Wednesday,…
Read more →
Automotive Aftermarket News
Two other companies of the insolvent German Fintyre group saved
A week after an investor was found for the largest area of the insolvent German Fintyre group, two more businesses have now been taken over by…
Read more →
Automotive Aftermarket News
Bridgestone buys Reiff Reifen und Autotechnik
The Japanese tire manufacturer Bridgestone takes over the largest company from the bankruptcy estate of the Fintyre group with the German tire distributor Reiff Reifen und…
Read more →
Automotive Aftermarket News
RS Exclusiv stands before the final out – property sold
Only ten weeks after the insolvency, it is clear that the company RS Exclusiv Reifengroßhandel GmbH as part of the German Fintyre Group has no future…
Read more →
Automotive Aftermarket News
Autoteile Pöllath register for insolvency
One of the biggest E-commerce sellers for car parts in Germany registered for insolvency by 19.03.2020. This comes very surprisingly as by end of 2019 it…
Read more →
Automotive Aftermarket News
The German companies of the tire wholesaler Fintyre Group file for bankruptcy
Yesterday (Tuesday, February 11, 2020), bankruptcy petitions were opened at the Frankfurt am Main Local Court regarding the assets of REIFF Reifen und Autotechnik GmbH, tyre1…
Read more →
Automotive Aftermarket News LKQ Corporation sells two Czech Distributors APM and Stahlgruber to Swiss Automotive Group
LKQ Corporation announced the execution of a definitive agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG.…
Read more →