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Author: Terry Brown
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Automotive Parts News
- /C O R R E C T I O N -- Wonder Auto Technology, Inc./ (PR Newswire via Yahoo! Finance)
News) Announces the $5 Million Investment in Money Victory Limited", issued earlier today by Wonder Auto Technology, Inc. over PR Newswire, we are advised by the company that the title should read "Wonder Auto Technology Announces Assignment of Its $5 Million Investment in Money Victory Limited", as originally issued inadvertently. - Interstate Auto Parts has new owner (Press & Sun-Bulletin)
TIOGA CENTER -- Tioga County businessman George Swansbrough has again expanded his business portfolio, this time with the purchase of the 55-acre Interstate Auto Parts on Route 17C. - 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. - 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.
