Advance Auto Parts lost 44.1% of its value due to dividend cuts, poor financial performance, and competition. The company is selling non-core assets to address debt issues and improve operational ...
The auto parts industry includes companies and manufacturers that supply vehicle makers, as well as those that supply parts used for repair, replacement or aftermarket parts. Only one of the largest ...
Advance Auto Parts' stock fell from $112 to around $70 after a dividend cut and a search for a new CEO; the aftermarket auto segment remains strong, with used car prices remaining high. Despite a ...
Advance Auto Parts sold its Worldpac subsidiary to the Carlyle Group and is to shutter stores. (Photo by Tierney L. Cross/Getty Images) Automotive parts retailer Advance Auto Parts is hoping that less ...
Corrections and clarifications: This story has been updated to clarify that percentages provided by NHTSA for car parts sourced in the U.S. and Canada are based on the value of parts for vehicle ...