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News By Topic: Parts Dealers

Copart Opens Facility in Helena, Montana

Copart Opens Facility in Helena, Montana

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

Genuine Parts Company Announces Samuelson President of the U.S. Automotive Parts Group

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

CSK Auto Corp. Announces Successful Completion of Refinancing and Revises Fiscal 2004 Guidance Upward

CSK Auto Corp. Announces Successful Completion of Refinancing and Revises Fiscal 2004 Guidance Upward

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%;

Monro Muffler Brake, Inc. Comparable Store Sales Increase 4%;

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

CSK Auto Corp. Announces Sale of Stock by the Investcorp Group

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

AutoZone Enhances Top Management Team

AutoZone Enhances Top Management Team

MEMPHIS, Tenn., Jan. 13 -- AutoZone, Inc. today announced new responsibilities and additions to the company's senior management team. Mike Longo, currently Senior Vice President of Store Operations, AZ Commercial and ALLDATA has been named the company's new Senior Vice President, Growth Initiatives. An eleven year vete ... Continue reading

Law Suit: Wives of Former Snap-on Tool Dealers Claim Company Fraud Causes Losses

Law Suit: Wives of Former Snap-on Tool Dealers Claim Company Fraud Causes Losses

-'Snap-on Wives Club' formed- NEW BRUNSWICK, N.J., Jan. 13 -- In what is believed to be first action of its kind, lawsuits were filed today against Snap-on Tools, Inc. on behalf of wives of former New Jersey and New York Snap-on franchised tool dealers, alleging they were harmed by the company's "false, fraudulent and ... Continue reading

Nokian Tyres Introduces a New Studless Winter Tyre, Nokian Hakkapeliitta RSi for Passenger Cars

Nokian Tyres Introduces a New Studless Winter Tyre, Nokian Hakkapeliitta RSi for Passenger Cars

NOKIA, Finland, Jan. 12 -- The novelty is a successor for the popular Nokian Hakkapeliitta Q friction tyre and it has been developed for the Nordic, Russian and North American markets. Consumer sales with the wide size range will start in the autumn of 2004. Several technical innovations developed for the new R speed r ... Continue reading

Pep Boys Names Transpro as Its Primary Air Conditioning Line Supplier

Pep Boys Names Transpro as Its Primary Air Conditioning Line Supplier

NEW HAVEN, Conn.--Jan. 12, 2004--Transpro, Inc., (AMEX: TPR) has announced today that Pep Boys has named Transpro as the primary supplier of its air conditioning product line. Effective immediately, Pep Boys will sell the complete Ready-Aire(R) Air Conditioning (A/C) product line throughout its retail network. This lin ... Continue reading

Surface Tech Announces New President

Surface Tech Announces New President

IRVINE, Calif.--Jan. 7, 2004--Surface Tech Inc. (Pink Sheets:SFCI) today announced the appointment of Jeremy L. Preston as president of Surface Tech Inc. Mr. Preston assumed his duties Dec. 1, 2003. He brings ten years of experience in the automotive aftermarket sector. Mr. Preston's prior business experience included ... Continue reading

Al & Ed's Autosound Ranked on Entrepreneur Magazine's Franchise 500 List

Al & Ed's Autosound Ranked on Entrepreneur Magazine's Franchise 500 List

VAN NUYS, Calif.--Jan. 7, 2004-- Company that Helped Shape Development of Southern California's Car Culture Earns Prestigious Spot at Beginning of Golden Anniversary Celebration Year Al & Ed's Autosound, California's first and largest mobile electronics and communications specialist, has been ranked as one of the top 5 ... Continue reading

EPA Opens Discussions With Torvec

EPA Opens Discussions With Torvec

ROCHESTER, N.Y., Dec. 29 -- Torvec, Inc. (BULLETIN BOARD: TOVC.OB) announced today that, as the result of Torvec's recent successful testing of its infinitely variable transmission (IVT) in its Dodge Ram 4x4 diesel truck, the U.S. Environmental Protection Agency (EPA) has invited the company to bring its revolutionary ... Continue reading

No Yuan Down a New Pitch In China

No Yuan Down a New Pitch In China

SHANGHAI, Dec 29, 2003; Ben Blanchard writing for Reuters reported that China's banking regulator has given approval on Monday to three car giants to set up auto financing operations in China, which could give a further boost to what is already the world's fastest growing major car market. General Motors, Volkswagen an ... Continue reading

O'Reilly Automotive, Inc. Names John Murphy and Ronald Rashkow to Board of Directors

O'Reilly Automotive, Inc. Names John Murphy and Ronald Rashkow to Board of Directors

SPRINGFIELD, Mo.--Dec. 23, 2003--O'Reilly Automotive, Inc. (the "Company") announced that John Murphy and Ronald Rashkow have been appointed to the Company's Board of Directors (the "Board") effective December 19, 2003. Mr. Murphy is currently the executive vice president and chief financial officer of Accuride Corpora ... Continue reading

Pep Boys Forms Supply Alliance with Precision Auto Care

Pep Boys Forms Supply Alliance with Precision Auto Care

PHILADELPHIA--Dec. 23, 2003--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket retail and service chain, announced that it has formed an alliance with Precision Auto Care, Inc. to supply tires and selected hard parts to Precision Tune Auto Care's nationwide franchise of automotive service c ... Continue reading

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