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The trucking industry saw combined parts and labor costs continue to trend downward during the first quarter, ATA's Technology & Maintenance Council and Decisiv revealed July 3 in a report.

Anxiety over a transition to electric vehicles is high in the thousands of businesses that have long supplied parts and equipment for cars and trucks powered by internal combustion engines.

NEW ORLEANS — Maintenance expenses in the trucking industry decreased 1.4% in the fourth quarter of 2023 compared with the prior quarter, driven by lower costs for parts.

Auto parts supplier Forvia SE is poised to cut roughly 13% of its European workforce over the next five years, with plans to tap AI to better compete in the shift to electric cars.

Ambac Aftermarket announced it has rebranded as Zillion Heavy Duty Parts, and the Elgin, S.C.-based company said the division plans to become a stand-alone company this year.

The Vehicle Maintenance Reporting Standards system is undergoing major updates, including an online portal and codes for electric vehicles.

Industry leaders are pointing to several positive indicators that have caused a drop in aftermarket parts prices in the second quarter of 2023 from the first quarter.

Advance Auto Parts Inc. named a new CEO and started a strategic review of the business as it struggles to keep up with inflation.

MONTGOMERY, Ala. — An auto parts supplier plans a $114 million investment to expand its facility in Alabama to support the production of electric vehicle parts, Gov. Kay Ivey’s office announced Aug. 15.

Fleets share strategies on how to maintain parts inventory to eliminate downtime and other inefficiencies.