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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. The parts ...
In April 1956, Midas, an acronym of Muffler Installation Dealers' Association, was established by Nate H. Sherman (1898 - 1980) and the first Midas Muffler opened that year in Macon, Georgia. The chain was originally known as Midas Muffler as they specialized in the replacement of mufflers.
AutoZone, Inc. is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. Founded in 1979, AutoZone has 7,140 stores across the United States, Mexico , Puerto Rico , Brazil , and the US Virgin Islands .
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In 1983, GKN, a multinational British company, bought out Meineke Discount Mufflers. [5] In 1986, the company headquarters moved to Charlotte, North Carolina. [6] In 2003, the same year Meineke Discount Muffler Shops, Inc. became Meineke Car Care Centers, Inc., Meineke became a privately held company, no longer publicly traded. [7]
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