CSK Auto Corporation To Purchase Murray's Discount Auto Stores; Revises Full Year Guidance
Dec 1, 2005
PHOENIX--Dec. 1, 2005--CSK Auto Corporation , the parent company of CSK Auto, Inc. (referred to herein collectively as the "Company"), a specialty retailer in the automotive aftermarket, announced today that it has entered into a definitive merger agreement to acquire Murray's Inc. and its subsidiary, Murray's Discount ... Continue reading
Popularity of Aftermarket Parts a Mounting Threat to OEs
Dec 1, 2005
PALO ALTO, Calif., Nov. 30 -- Collision repair components are growing at a rate double that of most automotive wear replacement components. In the past, the dealer channel was the avenue of choice for replacement components in North America, but with the establishment of aftermarket certification organizations such as ... Continue reading
RepairOne(R) Expands Headquarters
Nov 28, 2005
DAYTONA BEACH, Fla., Nov. 28, 2005; RepairOne® Automotive Concepts LLC has completed an expansion of its Daytona Beach, Fla. headquarters. Including the addition of a national training facility, the expansion was initiated in anticipation of increased franchise demand, as RepairOne® continues to expand throughout Flo ... Continue reading
Advance Auto Parts Announces Nicholas F. Taubman Relinquishes Seat on Board of Directors
Nov 23, 2005
ROANOKE, Va.--Nov. 23, 2005--Advance Auto Parts, Inc. , a leading automotive aftermarket retailer of parts, batteries, accessories, and maintenance items, announced today that Nicholas F. Taubman has resigned from the company's Board of Directors in connection with his recent appointment as U.S. ambassador to Romania. ... Continue reading
GlobalAutoIndustry.com Launches New RFQ Response System
Nov 23, 2005
TROY, Mich.--Nov. 23, 2005--GlobalAutoIndustry.com, the leading worldwide portal and intelligence source for the automotive industry, today announced the launch of a new RFQ response system as part of their web-based supplier community. GlobalAutoCommunity now allows automotive suppliers worldwide to post and view RFQ' ... Continue reading
Giant Motorsports Reports Impressive Third Quarter Results
Nov 22, 2005
SALEM, Ohio, Nov. 22 -- Giant Motorsports Inc. (BULLETIN BOARD: GMOS) , implementing a national roll up strategy with a "big box" destination business model in the motorcycle and powersports industry, published record earnings for its third quarter ended September 30, 2005. Net income (before taxes) for the quarter was ... Continue reading
NAPA Says Motorists Will Be Thankful They Took Time to Prepare Vehicles for Winter
Nov 21, 2005
ATLANTA--Nov. 21, 2005--As the first blasts of cold air warn of the coming winter, NAPA AUTO PARTS recommends that motorists winterize their vehicles before they set out on holiday road trips. Falling temperatures place extra stress on cars and trucks, causing the air pressure in tires to drop, batteries to lose their ... Continue reading
Sumitomo Corporation of America Completes Acquisition of TBC Corporation
Nov 18, 2005
NEW YORK--Nov. 17, 2005--Sumitomo Corporation of America (SCOA) announced today that it has closed its acquisition of TBC Corporation ("TBC"). SCOA purchased TBC for approximately $1.1 billion, including debt. TBC will operate as a subsidiary of SCOA and continue to be led by TBC's current senior management team. "We a ... Continue reading
Congressional Support Reaches 70 for 'Right to Repair Act'
Nov 17, 2005
BETHESDA, Md., Nov. 17 -- Congressional support for the Motor Vehicle Owners' Right to Repair Act (H.R. 2048) has reached 70 sponsors, it was announced today by Kathleen Schmatz, President and CEO of the Automotive Aftermarket Industry Association (AAIA). "In the first 15 days of November, we have had a positive hearin ... Continue reading
Keystone Automotive Buys Reliable Automotive
Nov 15, 2005
Continues National Expansion Strategy EXETER, Pa., Nov. 15 -- In a continuation of its national expansion strategy, Keystone Automotive Operations, Inc., the largest distributor and marketer of specialty automotive aftermarket accessories in North America, today announced that it has reached a definitive agreement to a ... Continue reading
Nov 14, 2005
Mitchell's Decision Point(R) AutoPay(TM) Service, Powered by Jopari Solutions, Will Substantially Reduce Auto Insurers' Payment Processing Costs CONCORD, Calif., Nov. 14 -- Jopari Solutions, Inc., the principal supplier of automated payment processing services for the insurance industry, today announced that the Mitche ... Continue reading
Pep Boys Reports Net Loss from Continuing Operations of $0.21
Nov 11, 2005
PHILADELPHIA--Nov. 10, 2005--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, announced the following results for the thirteen weeks (third quarter) and thirty-nine weeks ended October 29, 2005. Operating Results Third Quarter Sales Sales for the thirteen weeks en ... Continue reading
NY Auto Dealers Open $25M Education & Training Center in NYC
Nov 7, 2005
Over 400 Legislators, Auto Executives, Dealers and Educators Attend Ribbon Cutting Ceremony NEW YORK, Nov. 7 -- Queens Borough President Helen Marshall and over twenty legislators headed by NYS Assembly Speaker Sheldon Silver along with Congressman Gary Ackerman and dozens of automotive executives, area dealers and edu ... Continue reading
AutoZone and ppc Racing Announce Sponsorship Extension
Nov 6, 2005
AutoZone and ppc Racing Announce Sponsorship Extension FORT WORTH, Texas (November 5, 2005) – ppc Racing and AutoZone are proud to announce an extension of AutoZone’s primary sponsorship of ppc Racing’s #22 Ford Taurus and driver Kenny Wallace in the NASCAR Busch Series. Aut ... Continue reading
Seven Ways to Fuel Savings Tactics to Offset High Gas Prices
Nov 3, 2005
ATLANTA--Nov. 3, 2005--With fuel prices continuing to rise, NAPA AUTO PARTS recommends that consumers strategically invest in seven short-term maintenance tactics to achieve long-term savings from improved engine efficiency and fuel mileage. Specifically, replacing air filters, fuel filters, oxygen sensors and spark pl ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
