SAN ANTONIO The Aftermarket Auto Parts Alliance (The Alliance) has announced the addition of Auto Refacciones Franco, S.A. de C.V. as the newest Auto Value shareholder member, effective July 1.
“We are honored to announce the addition of Auto Refacciones Franco as a shareholder of The Alliance,” said John Washbish, president and CEO. “Their membership reinforces our commitment to growing throughout Mexico, and we are especially pleased to gain a shareholder in a key strategic area like Mexico City. Tomas Franco continues to build the strong business started by his father, and Auto Refacciones Franco’s commitment to excellence is a direct result of his outstanding team and leadership.”
Auto Refacciones Franco currently has three facilities serving multiple independent jobbers in and around the Mexico City metropolitan area. Founded in 1964, the company has functioned as an independent operation with no group affiliation for more than 48 years.
According to The Alliance, Auto Refacciones Franco has experienced steady growth throughout its history in a region with a population of more than 21 million and more than 4 million registered vehicles.
“It is an honor for us to become an Auto Value member,” said Auto Refacciones Franco President Tomas Franco. “Their program is a great fit for us, and complementary to our focus on service, quality parts, inventory efficiency and attention to customer needs. We are proud to be members of The Alliance.”