FleetPride Announces New Marketing Manager
Feb 19, 2004
THE WOODLANDS, Texas, Feb. 18 -- FleetPride, Inc., the nation's largest independent aftermarket distributor of heavy-duty truck parts, today announced the appointment of Melinda Riley to the new position of Marketing Manager for FleetPride. (Logo: http://www.newscom.com/cgi-bin/prnh/20010427/FLEETPRIDELOGO ) Ms. Riley ... Continue reading
Advance Auto Parts Reports Record Fourth Quarter and Fiscal 2003 Results
Feb 18, 2004
Best Quarterly and Year-End Results in Company History; Fourth Quarter Same Store Sales Gain of 7%; Fourth Quarter Earnings Exceed Company Guidance ROANOKE, Va., Feb. 18 -- Advance Auto Parts, Inc. , a leading retailer of automotive parts, today announced record revenue and earnings for its fourth quarter and fiscal ye ... Continue reading
Auto Dealers Put Out 'Help Wanted' Sign
Feb 18, 2004
As Government Leaders Decry Jobless Recovery, Industry Seeks to Plug Major Labor Shortage by Targeting Returning Military, Students MCLEAN, Va., Feb. 18 -- Today an all-out effort to attract returning military veterans and tech-savvy students to rewarding, high-paying automotive-related jobs was announced by Automotive ... Continue reading
Feb 15, 2004
INDIANAPOLIS--Feb. 14, 2004--Dealernews, the premier business-to-business magazine for powersports retailers, announces the winners of the Top 100 Awards, the industry's largest, longest running and most prestigious store design and marketing awards program. The Top 100 competition, now starting its 14th year, recogniz ... Continue reading
Bandag Acquires Majority Interest in Speedco, Inc.
Feb 14, 2004
North America's Leading Quick-Service Truck Lubrication Business Will Continue To Be Managed by Founders Who Retain Minority Interest MUSCATINE, Iowa, Feb. 13 -- Bandag, Incorporated today announced that it has acquired an 87.5% majority interest in Speedco, Inc. from its founders and Shell Oil Products US. Bandag, a w ... Continue reading
AFSA Members to Include More Disclosures In Vehicle Financing Contracts
Feb 13, 2004
WASHINGTON, Feb. 12 -- A trade association for many of the nation's auto creditors today announced that its members will add a new statement to their vehicle financing contracts that tells consumers they may negotiate the Annual Percentage Rate (APR) when they buy a car or light truck from a dealership. Under a new vol ... Continue reading
Monro Muffler Brake to Acquire 36 Locations of Mr. Tire from Mile One Automotive;
Feb 10, 2004
ROCHESTER, N.Y.--Feb. 10, 2004--Monro Muffler Brake, Inc. today announced that it has signed a definitive agreement with privately held Mile One Automotive to acquire 36 Mr. Tire locations in Maryland and Virginia. The transaction is an asset purchase, valued at approximately $29 million, which will be funded primarily ... Continue reading
Feb 9, 2004
SAN JUAN CAPISTRANO, Calif.--Feb. 9, 2004-- Allied Exhaust Turns to CarParts Technologies for Cost Savings, Operational Improvements and Customer Relationship Management CarParts Technologies Inc. (CPT), the leading provider of open, eCommerce and business automation software solutions for the automotive aftermarket, t ... Continue reading
Median Age Of Cars Now 8.6 Years - Fewer U.S. Vehicles are Being Scrapped, Polk Reports
Feb 9, 2004
* Percentage of U.S. vehicles scrapped at 5.5%, lowest since 1993 * Car scrappage rate of 5.2%, lowest since 1948 * Median car age of 8.6 years, record levels two years running SOUTHFIELD, Mich., Feb. 9 -- Vehicle scrappage rates declined 9.1 percent in 2003, according to R. L. Polk & Co. The number of passenger cars s ... Continue reading
"Clicks+ Branding" Advertising Program For Automotive Aftermarket Introduced
Feb 2, 2004
Clicks+BrandingTM “double-dip” advertising Now For As Little As $199 per Month Automotive Aftermarket Advertisers Can Get Total Market Segment Advertising For the first time ever, a single ad buy on The Auto Channel on-line, offers aftermarket manufactures and distributors a way to reach participants in eve ... Continue reading
Copart Opens Facility in Helena, Montana
Jan 27, 2004
FAIRFIELD, Calif.--Jan. 26, 2004--Copart, Inc. today announced that it has opened a new salvage facility in Helena, Montana. With the addition of this 22-acre location Copart now has 105 locations in the United States and Canada. "We added the Helena facility in response to numerous requests from our national accounts ... Continue reading
Genuine Parts Company Announces Samuelson President of the U.S. Automotive Parts Group
Jan 22, 2004
ATLANTA--Jan. 22, 2004--Larry Prince, Chairman of the Board and Chief Executive Officer of Genuine Parts Company , announced today that Larry R. Samuelson has been named President of the U.S. Automotive Parts Group effective immediately. Mr. Samuelson is currently President and CEO of NAPA Canada/UAP Inc., and he will ... Continue reading
Jan 19, 2004
PHOENIX--Jan. 19, 2004--CSK Auto Corp. , the parent company of CSK Auto Inc., a specialty retailer in the automotive aftermarket, announced today the consummation of its refinancing. The components of the refinancing consist of the following: -- CSK Auto Inc. repurchased approximately $265 million, or approximately 94% ... Continue reading
Monro Muffler Brake, Inc. Comparable Store Sales Increase 4%;
Jan 15, 2004
ROCHESTER, N.Y.--Jan. 15, 2004--Monro Muffler Brake, Inc. today announced record sales and net income for the third quarter and nine months ended December 27, 2003. During the third quarter, sales totaled $64.5 million compared to $60.7 million last year. Comparable store sales remained strong at a 4.0% increase follow ... Continue reading
CSK Auto Corp. Announces Sale of Stock by the Investcorp Group
Jan 15, 2004
PHOENIX--Jan. 14, 2004--CSK Auto Corp. announced that entities associated with Investcorp, S.A. (the "Investcorp Group") today sold an aggregate of 2,634,819 shares of CSK Auto Corp. common stock that they hold in a registered offering and pursuant to Rule 144 of the Securities Act of 1933, as amended (the "Act"). The ... Continue reading
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