Advance Sells WorldPac for 1.5 Billion, and What This Means For The Aftermarket
Manage episode 438354807 series 3552615
In this episode, Advance Auto Parts formally sells WorldPac to Carlyle for 1.5B. What does that mean for newly minted CEO, Shane O’Kelly. Mr O’Kelly comes with a background in home supplies from Home Depot, 2W assess if he jumped the gun and what that means for you and our industry. WorldPac is a well known WD with an annual top line sales of 2.1B with an 100M EBITA. In addition, we hit on the scope of the industry with a 3.5% CAGR and $430B Global market, with 137B landing in the US market alone.
- Did Advance make the right decision to sell WorldPac for 1.5B
- Will shift from EV to Hybrid elongate the Aftermarket Parts industry and find steady growth outpacing the CAGR
- The age of passenger cars reaches 14 years old
- Will rates continue to decline, jolt new car spending
- Is EV Supply greater than demand creating a drop in price point, making it more affordable to own an EV
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Bölümler
1. Advance Sells WorldPac for 1.5 Billion, and What This Means For The Aftermarket (00:00:00)
2. International Outsourcing in the Automotive Industry (00:00:09)
3. Emerging Trends in Automotive Aftermarket (00:07:00)
4. Navigating Automotive Industry Innovations (00:18:53)
5. Automotive Industry Distribution and E-Commerce (00:30:06)
63 bölüm