Press Releases

Cardone Family to Retain Ownership and Control of CARDONE Industries, Inc.

PHILADELPHIA, PA (January 20, 2012) - CARDONE Industries, a world leader in the automotive parts remanufacturing industry and TPG Capital, L.P., a leading global private investment firm, announced today that they have terminated discussions relating to the acquisition of Cardone Industries’ North American operations. The Cardone Family will retain ownership and control of the company.

1/20/2012 2:00:00 PM

Car Parts Industries Has Acquired CARDONE Industries European Companies

PHILADELPHIA, PA (January 3, 2012) - Car Parts Industries (CI) a sister company of Borg Automotive A/S, has acquired from CARDONE Industries, Inc. its European activities in Belgium and the United Kingdom on December 22, 2011.

1/3/2012 1:00:00 PM

CARDONE Announces Redesigned Website and Mobile Online Catalog

PHILADELPHIA, PA (November 14, 2011) CARDONE is pleased to announce the relaunch of Cardone.com and the launch of it's new mobile "WebCat", a parts lookup tool designed for smart phones.

11/18/2011 3:00:00 PM

CARDONE Industries, Inc. Announces Planned Acquisition by TPG Capital

PHILADELPHIA, PA (November 11, 2011) – CARDONE Industries, a world leader in the automotive parts remanufacturing industry, announced today that it has signed definitive agreements for the acquisition of its North American operations by affiliates of TPG Capital, L.P., a leading global private investment firm. Following the transaction, TPG will become the controlling shareholder and will work with the Cardone Family and executive team to continue the company’s growth.

11/11/2011 2:00:00 PM

CARDONE Industries, Inc. Announces Recent Appointments

PHILADELPHIA, PA(January 24, 2011) CARDONE Industries, Inc. of Philadelphia, PA is pleased to announce that effective January 3, 2011, Michael Cardone III, was promoted to the position of President, CARDONE Industries, succeeding Frederick Vanstone who was recently appointed Vice Chairman of the Board. Michael is the third generation of the Cardone family to serve as President of the company.

1/24/2011 1:16:00 PM

CARDONE Introduces High Pressure Oil Pumps & Injection Pressure Regulator Valves for Medium Duty Trucks

PHILADELPHIA, PA - CARDONE Industries, a leading global supplier of remanufactured and new automotive parts, introduces A1 CARDONE remanufactured High Pressure Oil Pumps and Injection Pressure Regulator (IPR) Valves to their extensive line of automotive products.

11/5/2010 9:24:00 AM

New, Reman and Loaded: Make CARDONE Your First Choice for Power Brake Boosters

Everyone loves having a choice, and purchasing auto parts should be no different. CARDONE is one of only a few suppliers that can offer both Remanufactured and Brand New Power Brake Boosters. Better yet, they are the only supplier who can offer you reman, new and LOADED Power Brake Boosters.

11/4/2010 2:19:00 PM

In Stock: A1 CARDONE Electric Smog and Vacuum Pumps

Working on a vehicle with a faulty Electric Smog or Vacuum pump? There’s a good chance CARDONE carries the A1 CARDONE replacement part you need to get it back on the road again.

11/4/2010 2:14:00 PM

New Products Available from CARDONE!

CARDONE offers you an even greater selection of premium automotive products with the introduction of their A1 CARDONE remanufactured Lighting Control Modules, High Pressure Oil Pumps and Injection Pressure Regulator (IPR) Valves.

11/4/2010 2:12:00 PM

CARDONE Industries Celebrates 40 Years of Dynamic Growth

PHILADELPHIA, PA - On February 8, 2010, CARDONE Industries announced its 40th anniversary of remanufacturing reliable and affordable automotive parts. Michael Cardone, Sr. and son, Michael Cardone, Jr., launched their business in a small storefront row home in North Philadelphia. In early 1970, CARDONE’s original “Factory Family” began with only six employees remanufacturing a single product line – wiper motors. Forty years later, the company has grown to over 5,000 employees, offering 70+ product lines and 40,000+ SKUs of new and remanufactured hard parts.

2/8/2010

CARDONE Introduces Remanufactured Turbos and Superchargers

Philadelphia (November 3, 2009) ¾ CARDONE Industries, a worldwide leader in remanufactured and new automotive parts, introduces A1 CARDONE remanufactured Turbos and Superchargers to their already extensive line of automotive products. CARDONE’s initial product release of 51 Turbo SKU’s and 9 Supercharger SKU’s covers 90% of the current U.S. gasoline and diesel market and includes over 9 million vehicles in operation.

12/10/2009 1:16:00 PM

Melvin Foust of Kring’s Auto Wins CARDONE’s “Go Green” Sweepstakes

PHILADELPHIA, PA - On February 7th. Melvin Foust won a brand new Vespa LX 150cc scooter from CARDONE’s “Go Green” Sweepstakes. Melvin, owner of Kring’s Auto in Johnstown, PA, offers undercar care services and state inspections for all vehicles. He also offers jack and hydraulic repair.

2/17/2009 5:08:00 PM

CARDONE Industries and Holy Redeemer Health System

PHILADELPHIA, PA (August 27, 2008) – CARDONE Industries’ employees and their family members will soon have the option to receive family health and wellness services just minutes away from CARDONE’s five main locations in northeast Philadelphia.

8/12/2008 1:13:00 PM

CARDONE Introduces Remanufactured Fuel Systems - Diesel

Philadelphia (June 24, 2008) ¾ CARDONE Industries, a worldwide leader in remanufactured and new automotive parts, introduces A1 CARDONE Fuel Systems to their already extensive line of automotive products. CARDONE’s initial product release for this new division will focus on remanufactured diesel fuel system components. 64 SKU’s are available now and cover over 4 million vehicles in operation including Ford, GM, and Dodge light-duty trucks from 1982-2007.

7/3/2008 9:11:00 AM

CARDONE Purchases New Warehouse in Harlingen, Texas

Philadelphia (September 29, 2006) ¾ CARDONE Industries, a worldwide leader in remanufactured and new automotive parts, announced today that it has purchased a new warehouse in Harlingen, Texas to service and support the growth of it’s remanufacturing facility in Matamoros, Mexico.

9/29/2006