- In January 2025, American Axle & Manufacturing completed the acquisition of GKN Powder Metallurgy and GKN Automotive for USD 1.44 billion, significantly strengthening its advanced manufacturing capabilities and global footprint. This acquisition marks a key milestone in enhancing the company’s technological expertise and competitive market position
- In November 2024, Standard Motor Products finalized its acquisition of European aftermarket supplier Nissens Automotive for approximately USD 390 million, boosting its market presence across North America and Europe while benefiting from Nissens' proficiency in vehicle control solutions. This acquisition reinforces the company’s expansion strategy and enhances its product offerings
- In March 2023, Hitachi Ltd. expanded its global operations by establishing a new auto parts manufacturing facility in India, targeting both domestic and international markets. This strategic investment underlines Hitachi’s commitment to leveraging India’s growing automotive sector and strengthening its global manufacturing capabilities
- In April 2021, Lippert Components Inc. acquired Kaspar Ranch Hand Equipment, LLC, reinforcing its position within the automotive aftermarket segment. This move highlights Lippert's strategy to accelerate market share growth through acquisitions and expand its product portfolio in key markets
- In February 2020, MotoRad Ltd. partnered with the Auto Care Association and the Automotive Aftermarket Suppliers Association (AASA) to support the "Your Car. Your Data. Your Choice" initiative, aimed at empowering consumers with vital vehicle maintenance and repair information. This collaboration emphasizes the company's focus on consumer rights, transparency, and advocacy within the automotive industry
