For Immediate Release
Aftermarket Auto Parts Alliance Announces New Member
SAN ANTONIO (July 14, 2012) – The Aftermarket Auto Parts Alliance (The Alliance) announces the addition of Auto Refacciones Franco, S.A. de C.V. as the newest Auto Value shareholder member effective July 1, 2012.
“We are honored to announce the addition of Auto Refacciones Franco as a shareholder of The Alliance,” stated John R. Washbish, president and CEO. “Their membership reinforces our commitment to growing throughout Mexico, and we are especially pleased to gain a shareholder in a key strategic area like Mexico City. Tomas Franco continues to build the strong business started by his father, and Auto Refacciones Franco's commitment to excellence is a direct result of his outstanding team and leadership.”
Auto Refacciones Franco currently has three facilities serving multiple independent jobbers in and around the Mexico City metropolitan area. In business since 1964, the company has operated as an independent with no group affiliation for over 48 years. Auto Refacciones Franco has experienced steady growth throughout its history in a region with a population of over 21 million and more than four million registered vehicles.
"It is an honor for us to become an Auto Value member,” stated Auto Refacciones Franco president, Tomas Franco. “Their program is a great fit for us, and complementary to our focus on service, quality parts, inventory efficiency, and attention to customer needs. We are proud to be members of The Alliance.”
About Auto Value and Bumper to Bumper
Auto Value/Bumper to Bumper is part of Aftermarket Auto Parts Alliance, one of the largest auto parts distribution and marketing organizations in the world. As the source for quality parts and service for over 2,300 parts stores and over 2,900 certified service centers throughout North America, the Alliance prides itself on responding to the individual automotive needs of each customer and providing proven, quality service.