World Premier Internet Auto Parts Retailer Wrenchead.com Signs Deal with Nichols Publishing, Publisher of Chilton's Total Car Care
13 September 1999
World Premier Internet Auto Parts Retailer Wrenchead.com Signs Deal with Nichols Publishing, Publisher of Chilton's Total Car CareAllows Purchase of Repair Procedures On-Line WHITE PLAINS, N.Y., Sept. 13 -- World premier internet auto parts retailer Wrenchead.com has entered into an agreement with Nichols Publications to provide the 140 volumes of Chilton's Total Car Care series on automotive maintenance and repair (Repair Procedures Information or RPI) information on-line, it was announced today by Gus Conrades, CEO, Wrenchead.com. "This marks the first time auto repair information can be purchased for specific repairs, on-line," said Conrades. "Wrenchead.com's overall goal is to empower the auto enthusiast and this move is clearly helping Wrenchead.com reach this objective by providing access to the world's most respected name in automotive repair manuals." "By pointing a web browser to http://www.wrenchead.com , one can simply list the automobiles make and year and the user will be able to isolate and download a repair procedure at a low cost, 24 hours a day, seven days a week," added Conrades. The 140 volumes of Chilton's Total Care Series will appear at http://www.wrenchead.com within the next 90 days and the complete set will be on-line by second quarter 2000. "This approach will allow consumers to only deal with the information needed to replace a part," said Dean Morgantini, president of Nichols, "and allow us to add additional information that won't fit into a book format." On August 16th, the CBS Corporation acquired a 22% equity stake in Wrenchead.com, Inc. In exchange, Wrenchead.com will receive $33 million of advertising, promotion and other consideration, over a term of four years, across CBS's media properties, including television, radio and outdoor. Infinity Broadcasting Corporation , the Company's majority-owned out-of-home media subsidiary, will receive a pro rata share of the investment. Based in White Plans, NY, Wrenchead.com sells over 1.5 million brand name auto and truck parts, accessories, performance products and consumer merchandise on the web. Wrenchead.com exists to enrich the experience of people who love cars and trucks by offering help with installation, maintenance, repair and a community of interest for the motorsports enthusiast, hobbyist, collector and the do-it-yourselfer. Wrenchead.com can be reached on the web at http://www.wrenchead.com . Based in West Chester, PA., Nichols Publishing provides complete coverage of automotive and marine engines repair procedures under the Chilton and SELOC brand names.