Parts Authority Acquires Penny Pincher Auto Parts

Parts Authority Acquires Penny Pincher Auto Parts

Under the Parts Authority umbrella, Penny Pincher will continue to operate with its existing management teams.

Parts Authority, one of the largest aftermarket distributors in the United States, has acquired Penny Pincher Auto Parts of Phoenix.

The transaction closed May 1, 2019.

“Penny Pincher has built its reputation on providing the highest level of service combined with the most reliable inventory in Phoenix for more than 40 years,” Long Island, New York-based Parts Authority said in a news release.

Under the Parts Authority umbrella, Penny Pincher will continue to operate with its existing management teams.

“This is an incredible addition to our Parts Authority family of brands,” said Eric Schwartz, vice president of West Coast operations for Parts Authority. “Jeff and Juan have built a tremendous business over the years at Penny Pincher. The business model and team they have in place is a great addition to our overall platform.”

Jeff Ungerman, owner of Penny Pincher, added: “Juan and I are extremely excited to join the Parts Authority family. Parts Authority has been a major force in the automotive and truck parts aftermarket for many years. We believe this partnership will allow us to be even more competitive in the Phoenix Metro marketplace, while also providing great benefits to our knowledgeable team members and our loyal customers. We’re ecstatic at what this partnership has to offer.”

You May Also Like

Customer Service: How It’s Done

Customer service should be your number one priority, and it all starts with the greeting.

This is always an important topic to discuss, because I consider excellent customer service one of the most important tools you can have to earn trust, respect and repeat business from the customers that come through your door. Whether that customer is do-it-yourselfer from across town or the professional repair shop across the street, your business depends on a solid relationship.It’s a subject that I am passionate about, and it’s one that many people are losing touch with. Whether you are communicating to someone in person, on the phone or using some type of social media, good customer service and bad can both exist. You can’t afford the latter, so this is the first in a series of topics which can and should be shared from the front of the shop to the back. No matter which role you hold, you represent the shop and yourself. Customer service should be your number one priority.First on the list is the greeting. From the second a customer walks in the door, they need to know you appreciate them coming in and how important they are to your business. First impressions are everything and here’s the correct way to do it each and every time: look them directly in the eye, smile and say hello!Of course, you can say “Good morning” or “Welcome to Joe’s Autocare,” but it should be a formal greeting and the most important thing is that you have smiled, looked them in the eye and recognized that they have walked through the door.You should always retain a formal greeting until you are on a first-name basis with a customer. Only once you have established that level of relationship is it OK to use the less formal greeting of “Hi,” followed by the person’s name.This greeting does more than just indicate respect and appreciation for someone walking through the door. Most likely there are customers both new and old who are in earshot of your conversation. For newer customers, this continues to build rapport and reinforce their positive view of your shop; they see that you demonstrate respect and treat everyone in the same manner. For repeat customers, even ones that have been coming for years, the greeting is important because the way you treat them is the reason they continue to come.And when a long-time customer comes in and you greet them with “Hi [First Name],” this indicates your appreciation for them and that you’re glad to see them as a person, more than just a customer. New customers that witness this will see that your repeat customers are comfortable enough to be on a first-name basis, another indication of the trust they have in you.

BendPak Names Expert Automotive Primary Distributor in Las Vegas Valley

Under the agreement, Expert Automotive Equipment will offer and support equipment sold under the BendPak, Ranger, Cool Boss and Autostacker brands.

Expert Automotive
Two NexaMotion Units Expand Product Offerings, Open New Locations

Transtar Industries and C&M Auto Parts are expanding.

NexaMotion Expanding
NPW Adds Automotive Installers Warehouse to its Network

AIW has been an NPW customer since 2013.

Litens Aftermarket Acquires Kenakore Solutions in Ohio

Kenakore has been a key partner to Litens for the past seven years.

Litens Kenakore

Other Posts

MEMA Launches At-Home REPAIR Campaign

The next step in the campaign to get the REPAIR Act passed is to get aftermarket suppliers involved.

Shaw Assumes Leadership of MEMA Original Equipment Suppliers

Collin Shaw succeeds Julie Fream who served 10 years in the position.

AACF Launches 65th Anniversary Fundraising Initiative

The campaign aims to raise $65,000 through 1,000 donations of $65 each.

Schaeffler Publishes 2023 Sustainability Report 

Schaeffler was awarded an “A” score in the climate change category for 2023 by the global non-profit environmental organization CDP for corporate transparency and performance.

Schaeffler Sustainability Report