- Thursday, May 02, 2024
The appointment brings the industry veteran back to the car parts business
By: Chandrashekar Bhat
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.”
