One of the largest crazes around the world is cars. We are not sure where this obsession comes from but since their invention people have been obsessed with making autos faster, fancier and better than they are. The funny thing is that most individuals think about their autos as machines and leave it at that. This is different from one group of auto lovers. I am speaking specifically about VW auto lovers. I can think of no type of auto that is more obsessed over or fawned over th ...
Author: Jason Montag
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Automotive Parts News
- Auto parts makers in inventory trap (Business Standard India)
Auto parts makers are saddled with raw material stocks bought at higher prices and finished goods made with costlier inputs, a key reason why they or the auto makers are unable to take benefit of the falling commodity prices and reduce prices. - Fire destroys auto parts shop south of Butte Posted on Nov. 20 (Missoulian)
BUTTE - An auto parts outlet went up in flames Thursday in Divide, about 25 miles south of Butte. Fire officials say a wood-stove fire triggered the blaze, which gutted Brax Euro Parts despite the efforts of fire crews from Butte-Silver Bow, Divide, Rocker and other area towns. - Wonder Auto Technology Announces the $5 Million Investment in Money Victory Limited (PR Newswire via Yahoo! Finance)
Wonder Auto Technology, Inc. announced today that it has signed an assignment agreement with Golden Stone Capital Limited under which it has transferred the $5 million short-term investment, or 22.49% ownership, in Money Victory Limited. - U.S. Auto Parts Network reports Q3 sales fell 3.2% (InternetRetailer.com)
U.S. Auto Parts Network Inc., an online provider of automotive aftermarket parts and accessories, reported Q3 sales of $36.6 million, a decrease of 3.2% from $37.8 million in the prior year period. - Sears to sell more auto parts online (Chicago Sun-Times)
Sears Holdings Corp. said Tuesday it will add 130,000 automotive parts and accessories for purchase on its Web site. - Canadian Insurer Stops Writing Policies for Auto Parts Makers (New York Times)
Export Development Canada has stopped writing new polices to protect Canadian auto parts makers in the event of a bankruptcy filing by Chrysler.