Icahn Automotive Group LLC has purchased four independently-owned service center locations in the Detroit area. All will be converted into Pep Boys Service and Tire Centers.
Carl Icahn's automotive business has acquired a 10-store tire dealership in the state of Washington. The stores will be rebranded under the Pep Boys — Manny, Moe & Jack brand.
Pep Boys — Manny, Moe & Jack has bought a six-year-old shop in the San Francisco area, which it says is located in "a target market" for more growth.
Carl Icahn's automotive business has made another big move, this time acquiring a 27-year-old independent tire dealer with 15 stores and a tire wholesaling business in Arizona.
Icahn Automotive Group LLC, the owner of Pep Boys — Manny, Moe & Jack, is on a mission to expand its national network, and it's starting with a multi-million dollar investment in Detroit.
Icahn Automotive Group LLC is making another acquisition move, this time in Connecticut.
Pep Boys — Manny, Moe & Jack, a wholly-owned subsidiary of Icahn Automotive Group LLC, has acquired an automotive and tire center in New York, and opened a new Pep Boys Service & Tire Center in Bordentown, N.J.
I have written in the past about how progressive and tire-dealer-like Costco Wholesale Corp. is. It just doesn't sell tires like a wholesale club, and it even sells online.
Pep Boys — Manny, Moe & Jack has acquired 12 retail tire locations in the Memphis area with the purchase of Mathis Tire & Auto Service Inc. and Direct Tire Distributors Inc.
Pep Boys — Manny, Moe & Jack is adding 134 locations with the purchase of Just Brakes Total Car Care. The acquisition gives Pep Boys more than 900 locations in the U.S.
Carl Icahn, the billionaire investor owner who started 2016 by purchasing Pep Boys — Manny, Moe & Jack — has officially joined President-elect Donald Trump's team. Trump has named Icahn a special adviser on issues related to regulatory reform.
Circle City Auto Parts in Indianapolis, Ind., has been purchased by IEH Auto Parts LLC's Auto Plus and Pep Boys.
IEH Auto Parts LLC and Pep Boys — Manny, Moe & Jack continue to grow the footprint of Auto Plus and Pep Boys stores with a two-store acquisition in New Jersey, plus the opening of a new corporate-owned Auto Plus store in Virginia.