Items Tagged with 'Precision Tune Auto Care'

ARTICLES

Major Auto Parts Retailers Taking Hits Because of Amazon

Advance Auto's shares have instead nearly halved since 2015, after warning that weak sales will continue for an industry also drawing interest from people like Carl Icahn, who purchased 250 Precision Tune Auto Care locations in June. O’Reilly Automotive Inc. and AutoZone Inc. have plunged this year amid disappointing demand.
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Carl Icahn’s Effect on Auto Care Consolidation

Contrary to horizontal integration, where firms control one component of a market or process, vertical integration engages multiple segments of production. So while horizontal consolidation continues to grip the industry, Icahn’s form of consolidation allows him to accomplish what many independent facilities struggle with.
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