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NexaMotion Group renews its directives and announces an investment of 10 million dollars

United States. Transtar Aftermarket Solutions, a division of NexaMotion Group, has made a significant addition to its executive team with the appointment of Erik St. Pierre as President of Transend Auto Tech.

In this strategic role, St. Pierre will be responsible for accelerating the adoption and growth of the company's Transend Auto Tech platform.

St. Pierre, who joins Transend Auto Tech with more than a decade of experience in the automotive aftermarket e-commerce sector, is recognized for his success as the former COO and co-founder of PartsTech Inc. During his tenure, he scaled an investment-backed e-commerce operation from its inception to one of the leading aftermarket markets for repair shop aftermarket products in the U.S., according to NexaMotion Group.

Neil Sethi, CEO of NexaMotion Group, commented: "Erik brings tremendous experience to the Transend team. His leadership will drive us to implement innovative technologies to solve the needs of repair shops, supporting our mission to simplify complex vehicle repairs."

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Transend stands out as "the fastest-growing automotive aftermarket e-commerce platform and a crucial part of NMG's business and mission," according to the company. From its inception as an emerging technology focused on solutions for transmission products, Transend now encompasses aftermarket solutions for all major automotive repair categories, with more than 600,000 products and constantly expanding.

On the other hand, Transtar Aftermarket Solutions announced a $10 million investment in its transmission repair inventory. The company indicated that it will invest in 6-, 8- and 10-speed transmissions to support its transmission repair shops and offer more service and supply options for these rapidly growing transmission families.

"The complexity of finding the right inventory and the ability to locate the right part is becoming increasingly difficult in recent models. Our mission is to simplify complex vehicle repairs, and customers can go to one place to find everything they need on our Transend platform," said Neil Sethi.

Expanding our inventory to support these additional transmissions reflects our commitment to the automotive aftermarket industry and to providing solutions to service technicians and repair centers."


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