Repco, the North American-owned automotive parts giant, is winning market share in Australia from its largest rival, ASX-listed Bapcor, which two weeks ago rejected a $1.8 billion bid from private equity group Bain Capital.

Repco is owned by New York-listed Genuine Parts Company which reported on Tuesday night that its Australasian automotive parts operations had generated same-store sales growth of 2.3 per cent for the June quarter, even as the overall market had been softening.