News By Topic: Parts Dealers

Godzilla V.Mothra : GE Capital Pulls $2bln GM Credit Line

Mar 22, 2005

NEW YORK March 22, 2005; Reuters reporteded that General Electric Co.'s GE Capital unit has withdrawn a $2 billion loan facility for General Motors and its suppliers, the Financial Times reported on Tuesday. GM, which slashed its 2005 profit outlook last week due to a lagging U.S. auto market, will now provide its own ... Continue reading

Digital Performance Launches Industry's Largest Motorcycle Directory

Mar 22, 2005

LONG BEACH, Calif., March 21 -- Digital Performance Inc. (DPI), creator of RaceIndustry.com, StreetPerformance.com and DirtDirectory.com, the world's largest and easiest to use performance aftermarket directory search engines, launches 2WheelPerformance.com, the world's largest online motorcycle directory. 2WheelPerfor ... Continue reading

Record Oil Prices Aren't the Only Concern for Gasoline Retailers, Says NACS

Mar 21, 2005

ALEXANDRIA, Va.--March 21, 2005--In addition to record crude oil prices pushing gasoline prices to near-record levels, there are concerns that existing seasonal factors will continue to drive prices higher. Limited U.S. refining capacity, strong demand for gasoline and complex seasonal gasoline blend requirements acros ... Continue reading

Motorcar Parts of America Announces Award of Supply Contract by Major Automobile Manufacturer

Mar 17, 2005

LOS ANGELES, March 17 -- Motorcar Parts of America, Inc. ("MPA") , a leading provider of remanufactured alternators and starters for the automotive aftermarket, announced today that one of the largest automobile manufacturers in the world has awarded MPA a contract to supply this manufacturer with a new line of remanuf ... Continue reading

AutoZone Authorizes Additional Stock Repurchase; New Director Elected

Mar 16, 2005

MEMPHIS, Tenn., March 16 -- AutoZone, Inc. , today announced its Board of Directors authorized the repurchase of an additional $500 million of the Company's common stock in connection with its ongoing share repurchase program. Including the above amount, the share repurchase authorization now totals $4.4 billion. "Auto ... Continue reading

Spring Into Vehicle Maintenance; The Car Care Council Offers Car Care Checklist

Mar 16, 2005

BETHESDA, Md., March 15 -- Now that winter is just a memory, millions of Americans will take to the roads to enjoy the warmer weather. The Car Care Council reminds motorists that spring is the perfect time of year to make sure your vehicle is ready for the upcoming travel season. Whether you're driving across the count ... Continue reading

``China: A Road Map for Sourcing'' Seminar on April 7 in Troy, Michigan

Mar 15, 2005

TROY, Mich.--March 15, 2005--GlobalAutoIndustry.com will host a half-day seminar for automotive suppliers wanting to source products from China on April 7 at the Troy Columbia Center, in the Detroit metropolitan area. A powerful line up of speakers will share knowledge, expertise, and strategies for exploring sourcing ... Continue reading

Earl Scheib Announces Seventh Consecutive Quarter of Improved Operating Results for Third Quarter Fiscal 2005

Mar 15, 2005

SHERMAN OAKS, Calif.--March 14, 2005--Earl Scheib, Inc. (AMEX:ESH) reported its results for the third quarter and nine months ended January 31, 2005 of the fiscal year ending April 30, 2005. Historically, the third quarter has been the most difficult quarter of the Company's industry because of adverse winter weather a ... Continue reading

Call for Nominations - NAWBO Salutes Automotive Women

Mar 14, 2005

DETROIT, March 14 -- The National Association of Women Business Owners Greater Detroit Chapter will be honoring the best and brightest women in the automotive sector on May 20, at "Salute to Automotive Women" sponsored by DaimlerChrysler. The black tie optional awards and dinner reception will take place at Rochester's ... Continue reading

Pa. Mercury Switch Removal Program; Free Workshops Offered Statewide

Mar 14, 2005

HARRISBURG, Pa., March 14 -- The Department of Environmental Protection, AERC Recycling Solutions, Bethlehem Apparatus Co. Inc., Clean Air Council, Institute of Scrap Recycling Industries, Pennsylvania Automotive Recycling Trade Society (PARTS) and Steel Recycling Institute are partnering to invite automobile recyclers ... Continue reading

AutoZone Appoints New Chairman and Chief Executive Officer

Mar 14, 2005

MEMPHIS, Tenn., March 14 -- AutoZone, Inc. today announced the appointment of J.R. Hyde, III as non-executive Chairman of the Board of Directors on an interim basis and William C. Rhodes, III as President and Chief Executive Officer. Mr. Hyde is the founder of AutoZone and has been a member of AutoZone's Board of Direc ... Continue reading

U.S. Advanced Battery Consortium Selects Maxwell Technologies

Mar 10, 2005

'Big 3' U.S. Auto Companies and Department of Energy Support FreedomCAR R&D Collaboration to Promote Enabling Technologies for Transition to Petroleum-Free Passenger Vehicles Conference Call at 8 a.m. (PST) Tomorrow - Details Below SAN DIEGO, March 9 -- Maxwell Technologies, Inc. announced today that it has received ap ... Continue reading

Pickups Plus Signs Rhino Linings of Mid Tennessee for its ValuGard Product Line

Mar 9, 2005

CINCINNATI--March 9, 2005--Pickups Plus, Inc. (OTCBB:PUPS), a retailer and national franchiser in the light truck and SUV after market accessory industry, and wholly owned Auto Preservation, Inc. (AP), a single source provider to automotive dealerships for their new vehicle preparation, environmental protection package ... Continue reading

TEN Magazines(TM) Introduces New Targeted Media Platform

Mar 9, 2005

CORONA, Calif., March 9 -- TEN Magazines, a visionary industry leader in contextual marketing, recently introduced their new IPG Merchandiser Pro, a cutting-edge product-information delivery system. The new IPG Merchandiser Pro enables aftermarket manufacturers to create some of the most targeted and effective on-line ... Continue reading

Price Not a Big Factor in Selecting Vehicle Service Provider

Mar 7, 2005

AAIA Study Reveals Consumer Insights BETHESDA, Md., March 7 -- Quality and trust were the top two criteria for consumers when selecting a service provider for their vehicle, according to a recent study on the DIY and DIFM aftermarket by the Automotive Aftermarket Industry Association (AAIA). Cost of service ranked seve ... Continue reading