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The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.
Originally a division of Memphis-based wholesale grocer Malone & Hyde, the company was known as Auto Shack. After the sale of the grocery operation to the Fleming Companies of Oklahoma City, Oklahoma, the name of the company was changed to AutoZone to better reflect the company focus just prior to the company going public.
Carquest Corporation is an American automotive parts distribution network that was sold and currently owned and operated by Advance Auto Parts via independent retailers associated with the network as "Carquest Auto Parts". As of October 4, 2014 Advance operated 5,305 stores, 109 Worldpac branches.
JC Whitney is a retailer of aftermarket automotive parts and accessories. as well as an automotive content platform via JCWhitney.com and the JC Whitney print magazine It was acquired by CarParts.com (formerly U.S. Auto Parts Network, Inc.), a publicly traded American online provider of aftermarket auto parts in 2010.
Advance stock declined throughout 2016 and 2017, but in 2018 Advance was the #5 top performing stock of the S&P 500 [22] outperforming the aftermarket automotive parts industry by more than 30 percent. [23] In November 2018, Advance Auto Parts announced the relocation of its headquarters from Roanoke, Virginia to Raleigh, North Carolina.
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