SHANGHAI—European car-parts suppliers are backing China's efforts to loosen auto makers' grip on spare parts sales in the country, arguing that Beijing should use its antimonopoly law to help bring ...

Milford-based e-commerce auto-parts company FCP Euro is looking at a hefty expansion following a recent $7 million infusion from a Louisiana investment firm. Stonehenge Capital announced its new debt ...

CHICAGO — Auto parts distributor LKQ Corp. is buying Stahlgruber G.m.b.H. of Poing, Germany, in a deal that will yield a pan-European parts distributor with estimated annual sales of $5 billion. The ...

Parts arriving broken or weeks late. Horrible customer service. An office where employees were spied on with cameras. These are just a few complaints from former employees and from hundreds of car ...

MILFORD, Conn., Oct. 20, 2023 /PRNewswire/ -- Today, Connecticut-based online auto parts retailer FCP Euro announced the successful completion of its Series A financing round totaling $25 million. The ...

The layoffs will reduce employment at International Automotive Components' Springfield plant from 278 to 130. A spokesman said the company wants to be closer to its customers' car assembly plants in ...

LAKEVILLE, Conn. — Lime Rock Park recently entered into a long-term partnership with European car parts online retailer, FCP Euro. The partnership will create in-person and digital opportunities for ...

Europe’s automotive sector is under pressure, and we expect that to continue for the rest of the year. We could see a turning point in 2025, but the full picture isn’t yet clear. Lower rates and other ...

In Germany, France and other countries, auto makers are imposing mass layoffs and factory closures. Employees in the auto parts supply industry are also being affected severely. In the next five years ...