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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.
An automobile starter motor (larger cylinder). The smaller object on top is a starter solenoid which controls power to the starter motor and engages the Bendix drive.. A starter (also self-starter, cranking motor, or starter motor) is a device used to rotate (crank) an internal-combustion engine so as to initiate the engine's operation under its own power.
The company is headquartered in Poway, California, and its ownership is currently held by Snap-on Tools, Inc. (85%) and NAPA (15%). [1] Mitchell 1 and the National Institute for Automotive Service Excellence are sponsors of the ASE Technician of the Year award. [2]
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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Estimating the cost savings required to justify the purchase of new equipment. [13] Determining the cost of continuing with existing equipment. [14] Where an asset undergoes a major overhaul, and the cost is not fully reflected in salvage values, to calculate the optimum life (i.e., lowest EAC) of holding on to the asset. [15]
On November 14, 2024, Advance Auto Parts announced plans to close 523 corporate stores, 204 independently-owned locations, and four distribution centers by the middle of 2025. It also flagged that it will reduce its headcount, but did not provide details. The overhaul is expected to cost the company between $350 million and $750 million. [34] [35]