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The National Automotive Parts Association (NAPA, also known as NAPA Auto Parts), is an American retailers' cooperative distributing automotive replacement parts, accessories, and service items throughout North America. Established in 1925, NAPA is a division of Atlanta-based Genuine Parts Company.
NAPA Auto Parts was established in 1925. [30] Some NAPA Auto Parts stores are owned and operated by GPC, but most are independently owned and operated. [31] There were approximately 6,000 NAPA Auto Parts stores in 2020. [30] GPC acquired UAP Inc. of Canada in 1998 and the Australian car parts supplier Exego Group in 2013.
Service Labor Time Standards (SLTS) are used by automotive manufacturers to determine the time required to repair a particular malfunctioning part on one of their automobiles. The SLTS is the benchmark for other aftermarket repair facilities to determine how much to charge customers when they have their vehicle repaired.
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The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
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