Tag Archives: pep boys

Pep Boys to Run Auto Service Centers on U.S. Navy Bases

Posted on 7 August 2025 by Ken Zino

The Pep Boys said today that it has a contract with the Navy Exchange Service Command (NEXCOM). Under the contract, Pep Boys plans to operate 14 of NEXCOM’s automotive service centers located on U.S. Navy bases across the country. This transition, which will be implemented on a rolling basis, will provide service to military personnel and their families. The converted locations* will be rebranded under the Pep Boys name, continuing a legacy that dates back to the company’s founding by Navy veterans Manny, Moe & Jack.

“We are honored to work with NEXCOM*** to bring Pep Boys’ best-in-class automotive & tire services to Navy personnel and their families,” said Joe Auriemma, CEO of Pep Boys. “Our company was founded by three Navy veterans, and we take immense pride in continuing that tradition by serving the military community with the same dedication and excellence that has defined us for more than 100 years.” Continue reading →

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Icahn Buys RPM Automotive

Posted on 4 February 2019 by Ken Zino

The undisclosed deal expands its presence in the Southeastern U.S., by 10 locations and more than 100 service bays. Headquartered in Jacksonville, Fla., RPM Automotive claims a reputation for “its exceptional customer service and quality work on all makes and models, including luxury vehicles and large fleets.” Continue reading →

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Pep Boys Sold to The Gores Group for $800 Million

Posted on 30 January 2012 by Ken Zino

The proposed transaction has already interested at least one legal firm trolling for business. Tripp Levy, a securities law firm, immediately put out a notice to investors that there are “potential claims of breaches of fiduciary duty and other violations of state law” against the board of directors of Pep Boys in connection with the sale. There likely will be more such allegations from firms looking to garner legal fees.

However, the agreement does provide for a 45-day “go-shop” period and contains customary closing conditions, including receiving the approval of Pep Boys’ shareholders and all applicable regulatory approvals. A special meeting of Pep Boys’ shareholders will be held following the filing of a definitive proxy statement with the U.S. Securities and Exchange Commission. Continue reading →

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Chinese Maker to Pay EPA $680,000 Fine for Dirty ATVs

Posted on 11 January 2012 by Ken Zino

The U.S. Environmental Protection Agency today announced a $680,000 settlement with recreational vehicle manufacturers, Loncin (USA), Inc., Longting USA LLC, and Chongqing Longting Power Equipment Co., Ltd., to resolve violations of the Clean Air Act (CAA) caused by the import of 7,115 uncertified recreational vehicles into the United States. It was the latest in a series of actions against the Chinese company and its agents. Continue reading →

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