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GSF Car Parts names Sukhpal Ahluwalia as chair

The appointment brings the industry veteran back to the car parts business

GSF Car Parts names Sukhpal Ahluwalia as chair

ONE of Britain’s most successful Asian entrepreneurs has been named the executive chairman of GSF CAR PARTS, the UK’s second largest car parts retailer.

Sukhpal Singh Ahluwalia is best known for founding Euro Car Parts in 1978; he scaled it from a single car accessories store in London into the largest distributor and retailer in the UK. Ahluwalia then sold the company to LKQ Corporation in 2011.


His former colleague at Euro Car Parts, Steve Horne, will be GSF’s chief executive officer, the company said in a statement on Friday (27) as it looks to “turn the business into a fast-growth” enterprise.

Ahluwalia’s family office has also invested in GSF, which operates 180 branches across the UK and Ireland.

He said: “This is a hugely exciting time for GSF Car Parts and I look forward to working with all of our valued team members, customers, and global suppliers as we start on this new journey together.”

GSF plans to open new branches and strengthen its e-commerce offering. It also plans to extend its range of products for electric vehicles and revamp its delivery fleet.

Horne said the company “will turn the business into a fast-growth, sales-focused company with our customers, suppliers, and team members at its heart.”

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Consumer confidence climbed slightly in October, with more shoppers planning big purchases ahead of Black Friday.

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Highlights

  • Consumer confidence rose two points to -17 in October.
  • More people planning big purchases, up nine points from last year.
  • UK shoppers have €30,486 spending power per person, sixth highest in Europe.

Shoppers turn hopeful

Britons are feeling more positive about spending money as Black Friday approaches, new figures show, though many are nervous about what the upcoming budget might bring.

Consumer confidence climbed slightly in October, according to the GfK Consumer Confidence Barometer. The biggest change was in people’s willingness to buy expensive items like TVs, furniture and kitchen appliances.

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