Draft:CARiD.com
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Submission declined on 26 February 2025 by Devonian Wombat (talk).
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This draft has been resubmitted and is currently awaiting re-review. |  |
| Submission declined on 10 August 2024 by CFA (talk). This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are: Declined by CFA 8 months ago.
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| Submission declined on 2 August 2024 by CharlieMehta (talk). This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are:
This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies. Declined by CharlieMehta 8 months ago. | |
Comment: I have returned this to Draft with the comment to the major contributors: "The issues with the referencing need to be sorted out, Draft is better than being sent for deletion. Please also save WP:BOMBARD/WP:CITEKILL. We need one excellent reference per fact asserted. If you are sure it is beneficial, two, and at an absolute maximum, three. Three is not a target, it's a limit. Aim for one. A fact you assert, once verified in a reliable source, is verified. More is gilding the lily. Please choose the very best in each case of multiple referencing for a single point and either drop or repurpose the remainder." 🇺🇦 FiddleTimtrent FaddleTalk to me 🇺🇦 13:20, 3 March 2025 (UTC)
- Comment: See WP:ORGTRIV. Routine announcements and regurgitated press releases do not count towards notability. C F A 💬 17:28, 10 August 2024 (UTC)
| Company type | Subsidiary |
|---|---|
| Industry | Auto Parts Retail |
| Founded | 2008 |
| Founders | Roman Gerashenko and Steven Royzenshteyn |
| Headquarters | Cranbury, New Jersey, U.S. |
Area served |
|
Key people | |
| Products | Automotive parts & Automotive accessories |
| Parent | ID Auto Inc. |
| Website | carid |
CARiD.com is an American online retailer of aftermarket automotive parts and accessories. The business is headquartered in Cranbury, NJ.[1] The CARiD brand is one of 8 under ID Auto Inc.
Operations
[edit]CARiD operates a light-asset business model that involves partnerships with vendors and distributor networks rather than direct warehousing.[2][3]
In 2018, the business launched seven new niche websites dedicated to specialized vehicle categories, including motorcycles, boats, trucks, and powersports.[4]
CARiD uses AI-based fitment technology to improve vehicle parts compatibility.[5]
History
[edit]The company was founded as Onyx Enterprises Inc. in 2008 and initially focused on selling automotive accessories.
In 2015, CARiD.com was approved to enter the Google Trusted Stores program.[6]
In 2020, Onyx Enterprises entered into an agreement with Legacy Acquisition Corp. that resulted in Onyx becoming a wholly owned subsidiary of Legacy. Following the merger, the combined company was renamed Parts iD, Inc.[7] and became publicly listed on the New York Stock Exchange, trading under the symbol "ID."[8]
By 2021, the company had established partnerships with about 2,100 tire installation locations across the U.S.[9] The tire installation network expanded to 7,270 locations in the first quarter of 2022, covering all 48 contiguous U.S. states and Washington, D.C.[10]
Parts iD was operating the CARiD.com website until December 2023.[11][12] Following this, the business entered a credit agreement with Fifth Star Inc.,[13] which later resulted in Fifth Star acquiring a majority stake in CARiD. ID Auto Inc. became a new operating company.
See also
[edit]
References
[edit]- ^ Watkins, Steve (January 6, 2021). "Cincinnati loses public company as Rigaud's firm wraps up $285M acquisition". Cincinnati Business Courier. Archived from the original on September 2, 2024.
- ^ Johnson, Brett (June 1, 2015). "CARiD making mark as online auto accessories site". NJBIZ (New Jersey Business News).
- ^ Zoldan, Ari (24 August 2021). "PARTS iD: The Amazon Of Automobile Parts". Seeking Alpha. Archived from the original on 2024-08-01. Retrieved 2024-08-07.
- ^ "E-commerce auto parts: Cranbury-based PARTS iD is growing revenue quickly". ROI-NJ. August 31, 2021.
- ^ Pytell, Jim (October 19, 2021). "PARTS iD is Creating the Ultimate Autoparts E-Commerce Platform". New Jersey Business Magazine.
- ^ Lamberg, Erica (April 22, 2015). "CARiD.com is all things automotive". My Central Jersey.
- ^ Watkins, Steve (2020-09-22). "Rigaud's Legacy Acquisition Corp. to buy Onyx for $285 million in deal to replace terminated one". Cincinnati Business Courier. Archived from the original on September 2, 2024.
- ^ "3 Nano-Cap Penny Stocks to Buy for Explosive Gains in 2023". Nasdaq. April 14, 2023.
- ^ Root, Al (March 24, 2021). "How an Online Auto Parts Start-Up Plans to Make Changing Tires Easier". Barron's. Archived from the original on August 29, 2024.
- ^ "CARid adds 5,000+ tire installers to network". Tire Business. April 19, 2022. Archived from the original on February 22, 2025.
- ^ Yerak, Becky (February 19, 2024). "An Easy Financing Source Pushes Some Small Businesses Into Bankruptcy". The Wall Street Journal. Archived from the original on February 19, 2024.
- ^ Kline, Daniel (December 27, 2003). "Innovative automotive company files Chapter 11 bankruptcy". The Street.
- ^ Beckerman, Josh (December 26, 2023). "Parts ID Files for Chapter 11 Bankruptcy". The Wall Street Journal. Archived from the original on December 26, 2023.
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