Crain Communications Purchases Automotive International
8 September 1998
Crain Communications Purchases Automotive International
LONDON, Sept. 8 -- Crain Communications, publisher of
Automotive News, has bought the UK-based publication Automotive International
and will continue to develop the publication into a global business magazine.
"Automotive International is the perfect platform for a thoroughly global
publication," said Keith Crain, chairman of Crain Communications Inc. in
Detroit. "We have admired Automotive International, and it gives us a stable
of publications that are edited specifically for the North American, European
and now the global markets." Crain is publisher of Automotive News,
Automotive News Europe and now Automotive International.
AI Editor Chris Wright will continue to lead that publication as it
strengthens its position as the most global of automotive business
publications. Sales Director Nick White will continue to lead AI advertising
sales operations.
"This is the age of consolidation and globalization," said a statement by
Anthony Cheverall, editorial managing director of Leading Edge Publishing,
founder of AI. "Crain was our company of choice for the further growth of
Automotive International. We take immense pride in our achievements over the
past five years, and are confident the newspaper is in good and progressive
hands."
Peter Brown, associate publisher of Automotive News and Automotive News
Europe, will also be associate publisher and executive editor of Automotive
International.
This is the last issue of the monthly Automotive International produced by
Leading Edge. Circulation will be expanded in Asia-Pacific and Latin America,
and the next issue will appear in November. The global title will be
published six times a year.
The purchase by Crain Communications Europe LLC will bring Automotive
International into the Crain office in London. For information call the
London office at +44-171-457-1410; fax: +44-171-457-1417. Or call the Crain
office in Detroit at 313-446-6030.