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Truckpower is insolvent
The commercial vehicle parts dealer from North Rhine-Westphalia has filed for insolvency. According to the information, 90 employees are affected. The Truckpower Group has filed [...]
December 2022
European tire alliance: global one automotive has signed a cooperation agreement with TECAR International
Managing Director of global one automotive, Marcus Hähner, and Managing Director of TECAR International, Axel Tödt, signed a cooperation agreement by using common synergies for a growth [...]
November 2022
Austrian car parts distributor Birner joins Carat
At the beginning of next year, Birner GmbH, the Austrian market leader in vehicle spare parts and car accessories, will join the CARAT group of [...]
September 2022
Pneuhage Group acquires tire wholesaler Gewe
At the turn of the year, the Kaiserslautern tire wholesaler Gewe slipped under the umbrella of the Karlsruhe Pneuhage Group. This wants to continue the existing [...]
July 2022
Motoo tries a new start as a cooperative
After the insolvency and break-up of Hess Automotive, the Motoo partners went on the offensive: 13 workshops and car dealerships founded the new Motoo eG, [...]
HUK-COBURG takes a stake in pitstop
HUK-Coburg takes over 25.1 percent of the workshop chain Pitstop. The Pitstop garages will be added to the insurer's auto service network offering, expanding the network [...]
April 2022
WM SE buys 100 percent of the MTS Group
WM SE is convinced of the positive development of the international branded goods company and its future performance. MTS has so far been majority-owned by [...]
Alliance Automotive Group acquires Knoll GmbH
The Alliance Automotive Group (AAG) has finalized the acquisition of all shares in Knoll GmbH (Knoll) and Transport + Logistik Schleiz GmbH. At the same [...]
February 2022
Hess Automotive files for insolvency
Cologne-based Hess Automotive filed an application for the opening of insolvency proceedings with the District Court of Cologne. The court approved the procedure and attorney [...]
January 2022
Autodoc exceeds one billion euros in turnover
The auto parts distributor reported sales of over one billion euros even before the turn of the year. Autodoc plans to grow double-digit in 2022. [...]