auto parts business News

The $900 Billion Auto Aftermarket: Where Total Losses Turn Into Big Gains

Mike Rosser, a 41-year veteran of the salvage car business, remembers a day when auctions for junked cars drew 30 guys standing in the sun, inspecting mangled cars for intact alternators and transmissions. On this February morning, though, the suburban …

North Carolina Man Sells Thousands of Bogus Airbags on eBay

A 27-year-old North Carolina man who’s part owner of an auto parts business is pleading guilty to selling thousands of counterfeit airbags. Igor Borodin of Indian Hill pleaded guilty Monday and faces up to 15 years in prison and $2 …