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News By Topic: Parts Dealers

Universal Automotive Industries, Inc. Issues Letter to Shareholders and Customers

Universal Automotive Industries, Inc. Issues Letter to Shareholders and Customers

ALSIP, Ill., July 10 -- Universal Automotive Industries, Inc. today announced that it will be mailing the attached mid-year letter from Arvin Scott, its President and CEO, to Shareholders and Customers, addressing the status of its business: To Our Shareholders and Customers: Typically I write to you just once a year - ... Continue reading

French Firm Faurecia Unveils Chrysler deal

French Firm Faurecia Unveils Chrysler deal

PARIS, July 8, 2003; Reuters reported that Europe's second-largest listed car parts maker Faurecia said on Tuesday it won a new contract to supply car parts to Chrysler in North America. The deal is expected to bring the French firm's total revenues from the region to $1.8 billion by 2006, Faurecia said in a statement. ... Continue reading

Manhattan Associates' Supply Chain Execution Solutions to Support Complex Automotive Logistics Operation

Manhattan Associates' Supply Chain Execution Solutions to Support Complex Automotive Logistics Operation

Manhattan Associates' Supply Chain Execution Solutions to be Deployed at BMW's Central Parts Distribution Center at Dingolfing in Germany LONDON and MUNICH, July 8 -- Manhattan Associates, Inc. , the global leader in supply chain execution solutions, today announced that it has been awarded a new contract in the automo ... Continue reading

Graco Lubrication Equipment Joins NASCAR Automotive Aftermarket Program

Graco Lubrication Equipment Joins NASCAR Automotive Aftermarket Program

MINNEAPOLIS--July 3, 2003--Graco Inc. The National Association for Stock Car Auto Racing (NASCAR) and Minneapolis, MN-based Graco Inc. have reached an agreement for the manufacturer's lubrication equipment to join the NASCAR Automotive Aftermarket marketing program, it was announced today. The agreement names Graco Inc ... Continue reading

Auto Data Network Aftermarket Division Signs Agreement with Riebes Auto Parts LLC

Auto Data Network Aftermarket Division Signs Agreement with Riebes Auto Parts LLC

TUNBRIDGE WELLS, United Kingsdom--July 2, 2003--Auto Data Network Inc. (OTCBB: ADNW), a provider of real-time data network services to the automotive industry, today announced a strategic partnership between one of its subsidiaries, MAM Software Inc, and Riebes Auto Parts of Newcastle, California. Riebes Auto Parts is ... Continue reading

WIX Filtration Products and NTZ Join Forces To Offer Bypass Micro Filtration Systems for Fluid Applications

WIX Filtration Products and NTZ Join Forces To Offer Bypass Micro Filtration Systems for Fluid Applications

INKSTER, Mich., June 30 -- WIX Filtration Products group of Dana Corporation and NTZ Micro Filtration, Inc., announce a strategic alliance for sale and distribution of the NTZ Bypass Micro Filtration System. Through this alliance, the complete line of NTZ Bypass Micro Filters and replacement cartridges will be availabl ... Continue reading

1-800-Radiator Survey Reveals Older Hondas, Toyotas, and Chevys Show Highest Summer Boilovers

1-800-Radiator Survey Reveals Older Hondas, Toyotas, and Chevys Show Highest Summer Boilovers

BENICIA, Calif.--June 30, 2003-- Nationwide Survey Identifies Six Automobile Models Statistically Most Susceptible to Radiator Failure Older cars and pickup trucks are more likely to experience a radiator boilover this summer, and according to a recent survey, radiator failures among Honda Accords, Toyota Camrys, and C ... Continue reading

Barron's Says Advance Auto Parts Stock Overvalued

Barron's Says Advance Auto Parts Stock Overvalued

NEW YORK, June 29, 2003; Reuters reported that shares of Advance Auto Parts Inc. could fall 20 percent or more, according to an article in Barron's that said the prospects for the No. 2 U.S. parts retailer may not justify the recent run-up in its stock. Shares closed at $60.24, up 24 cents, in Friday New York Stock Exc ... Continue reading

Motorcar Parts Announces Fiscal 2003 Results

Motorcar Parts Announces Fiscal 2003 Results

TORRANCE, Calif.--June 27, 2003--Motorcar Parts & Accessories, Inc. (Internet Billboard: MPAA) is pleased to announce its earnings for the fiscal year ended March 31, 2003. MPA earned $10,625,000 for the year ended March 31, 2003 or $1.33 per basic share outstanding and $1.24 per share on a fully diluted basis versus $ ... Continue reading

Tweeter Signs on as First National Retailer for KVH TracVision A5 Satellite Antennas

Tweeter Signs on as First National Retailer for KVH TracVision A5 Satellite Antennas

MIDDLETOWN, R.I.--June 26, 2003-- Breakthrough In-motion Antenna and Live Satellite TV in Cars to be Offered through Tweeter & Affiliated Stores Nationwide Paving the way for the nationwide introduction of live satellite TV in cars, KVH Industries announced today that Tweeter Home Entertainment Group has signed on as t ... Continue reading

CCITRIAD Announces Availability of BuyerAssist(TM)

CCITRIAD Announces Availability of BuyerAssist(TM)

Comprehensive, Easy-to-Use, eBuyer's Guide Powers Decision-Making for Better Inventory Management AUSTIN, Texas, June 23 -- CCITRIAD, a leading provider of data services, management and information systems for the automotive aftermarket, today announced the availability of BuyerAssist, an electronic guide that helps bu ... Continue reading

Rick Dow Joins Midas as Chief Marketing Officer

Rick Dow Joins Midas as Chief Marketing Officer

ITASCA, Ill.--June 18, 2003--Rick Dow, who most recently served as senior vice president of marketing and sales at Burger King Corporation, is joining Midas, Inc. as senior vice president and chief marketing officer. At Midas, Dow, 53, will be responsible for the development and implementation of all marketing programs ... Continue reading

CCITRIAD and MISG Announce Strategic Agreement to Deliver Full-Circle Connectivity - A TACH Vision In 1996

CCITRIAD and MISG Announce Strategic Agreement to Deliver Full-Circle Connectivity - A TACH Vision In 1996

CCITRIAD's AConneX(TM) and MISG's TransLink(TM) Will Enable Complete Circle Of Connectivity From Service Dealers to Distributors to Warehouses To Manufacturers AUSTIN, Texas and RESEARCH TRIANGLE PARK, N.C., June 16 -- CCITRIAD, an industry leader in data services, management and information systems for the automotive ... Continue reading

AutoZone Announces Additional Stock Repurchase

AutoZone Announces Additional Stock Repurchase

MEMPHIS, Tenn., June 11 -- AutoZone, Inc. , today announced that its Board of Directors authorized the repurchase of an additional $500 million of the company's common stock, in connection with the ongoing share repurchase program. The company has almost completed the repurchase of the $500 million in common stock auth ... Continue reading

O'Reilly Automotive Named Finalist for Prestigious Retail Systems 2003 Achievement Award

O'Reilly Automotive Named Finalist for Prestigious Retail Systems 2003 Achievement Award

Evant Deployment Garners Auto Parts Retailer Top Three Spot in Corporate Inventory Management System Category SAN FRANCISCO, June 11 -- Evant, a leading provider of retail management solutions, today announced that O'Reilly Automotive was named one of three finalists in the Best in Corporate Systems Category of the Ret ... Continue reading

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