plus 3, All Things Automotive Franchises a Pathway of Profitable Growth for ... - Yahoo Finance

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plus 3, All Things Automotive Franchises a Pathway of Profitable Growth for ... - Yahoo Finance


All Things Automotive Franchises a Pathway of Profitable Growth for ... - Yahoo Finance

Posted: 08 Feb 2010 08:01 AM PST

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INDIANAPOLIS--(BUSINESS WIRE)--All Things Automotive™ LLC announced today a new franchise opportunity, a certified vehicle sales and branded aftermarket-competitive service retail business appealing especially to former Saturn retailers, dealers wanting to expand their retail footprint, and dealerships without a new car franchise.

The cancellation of hundreds of franchise agreements across the nation has created the opportunity for a higher level of sales and service business in these modern, well-located dealerships. The All Things Automotive-branded retail businesses are structured to deliver maximum fixed coverage and enable franchisees to become a more affordable one-stop resource for all things automotive.

"This franchise combines the sale of certified vehicles with aftermarket-competitive services and parts, tires, brakes, oil and accessories that deliver customer affordability, convenience and satisfaction," says Larry Cummings, a former GM dealer and All Things Automotive founder and principal. The company is headquartered in Indianapolis.

"In my 22 years as a dealer, I was known as the place to buy and have warranty work done, but with my large dealership I wasn't even close to competitive in the core services of the aftermarket," Cummings notes. "By including retailing leaders and key partners of the aftermarket in this new franchise, All Things Automotive-branded businesses are uniquely competitive for the customer – from the purchase of their vehicle through ongoing maintenance and the full range of services required during the ownership experience."

An All Things Automotive-branded franchise will appeal to retailers and dealers who truly understand the customers for life concept and who wish to command a growing market through a truly competitive new way of serving the motoring public.

Dealers currently developing the All Things Automotive-branded retail concept include Lynn B. Kimmel, president of Lockhart Automotive Group, Indianapolis, IN, and Mark Thomas, president of the five-store Thomas Dealerships organization, with stores in Pennsylvania and Maryland.

"I am so excited to be building a new brand utilizing my existing Saturn of Fishers store and my Saturn values," said Kimmel, who sits on the GM National Dealer's Council. "The All Things Automotive brand concept builds on the value of the Saturn experience and provides the opportunity for a more competitive and profitable future in our dealership-based environment."

Thomas points out another of the franchise's value, its branded services advantage. "That is a real enabler for the used car business," he says. He's converting an empty Ford image store. "We're reaching out to a broader base of customers who trust these brands for quality and affordability and as such we're maximizing our fixed coverage through service and parts sales which then free us to be as competitive as needed in the used car market."

The All Things Automotive retail business is structured to yield maximum fixed coverage. Keys to this model are:

  • A unique, industry-first national partnership with CARQUEST, a multi-billion dollar parts company, which will stock and re-stock All Things Automotive-branded retail facilities with high-quality aftermarket-priced parts and accessories for all makes and models, foreign and domestic.
  • Partnerships with other branded aftermarket providers, including a major national oil products provider, leading tire brands through a highly successful distributor, nationally known brands on brakes, shocks and struts, exhaust parts and others, to deliver all of a motorist's core vehicle service and maintenance needs – including accessories and personalization -- in one place at competitive aftermarket prices.
  • Labor and service rates competitive with most aftermarket and independent service centers. This is possible because All Things Automotive-branded franchises perform no new-car warranty work or other time-burning nonproductive activities which must be made up by higher labor rates.

"This franchise incorporates all of the key processes and partners to earn an increasing percentage of late model vehicle sales and the service, parts and accessory business of the large and growing aftermarket service industry," says Cummings.

For specific franchisee requirements and other details, contact Larry Cummings at 248-515-6421, via email at larry.cummings@allthingsautomotive.net, or visit suite # W104B at the 2010 NADA Convention and Exposition in Orlando, FL, February 12-15.

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Japanese Market Ends Lower; Buying On Dips Limits Losses - RTT News

Posted: 09 Feb 2010 12:29 AM PST

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Asian Economic News
Japanese Market Ends Lower; Buying On Dips Limits Losses
2/9/2010 3:32 AM ET (RTTNews) -  The stock market in Japan ended in negative territory for the second consecutive day on Tuesday amid concerns about sovereign debt crisis in Greece and its likely cascading impact on other European countries. Weak closing on Wall Street in the previous session also impacted market sentiment in early trading. However, buying in dips at select stocks including Toyota Motor, which declined sharply in the recent past on recall issues, following mild strength in US dollar against the yen partially offset the losses.

The benchmark Nikkei 225 Index ended down 18.92 points, or 0.19%, at 9,933, while the broader Topix index of all First Section issues fell 1.44 points, or 0.16%, to 882.

On the economic front, a statement released by the Japan Machine Tool Builders' Association revealed that the country's machine tool orders surged 192% year-on-year in January, following a 63.4% increase in the previous month of December. The statement further noted that the sharp increase in total orders was led by external demand, which soared 297% in January compared to the previous year, while domestic orders climbed 78.9%.

Light sweet crude oil futures for March delivery ended at $71.78 a barrel in electronic trading, down $0.11 per barrel from previous close at $71.89 a barrel in New York on Monday.

Pharmaceutical stocks ended in negative territory. Takeda Pharmaceuticals fell 2.62%, Eisai Co. lost 1.35%, Chugai Pharmaceutical Company shed 2.52%, Astellas Pharma slipped 1.21% and Dainippon Sumitomo Pharma declined 2.63%.

Among land transport stocks, Yamato Holdings declined 1.91% and Nippon Express slipped 1.34%.

Automotive stocks ended in positive territory after the local currency weakened against the US dollar. Toyota Motor, which had been declining in the past few sessions on recall concerns, surged up 3.05%. Honda Motor added 0.82%, Mitsubishi Motor advanced 0.83%, Isuzu Motor gained 1.50% and Nissan Motor climbed 2.38%.

Banking stocks ended higher. Sumitomo Mitsui Financial climbed 2.05%, Resona Holdings added 0.64%, Mitsubishi UFJ Financial edged up 0.22% and Mizuho Financial rose 1.16%,

Shipping stocks also ended in positive territory on bargain hunting. Kawasaki Kisen Kaisha gained 2.05%, Nippon Yusen rose 2.19% and Mitsui OSK Lines edged up 0.19%.

Mixed trading was witnessed among trading companies. Mitsubishi Corp. rose 1.86%, Mitsui & Co., gained 1.02%, Marubeni Corp., advanced 1.39% and Itochu Corp. added 0.88%. However, Toyota Tsusho Corp. fell 1.17% and Sumitomo Corp. lost 1.09%.

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Automobiles : BOATS & WATERCRAFTS - Frederick News-Post

Posted: 08 Feb 2010 11:10 PM PST

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Competitive Atlantic 10 looking to make major impact on the bubble - CNN Sports Illustrated

Posted: 08 Feb 2010 11:25 PM PST

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A slice of bracket history ...

William of Occam was a 14th-century English philosopher whose scientific thinking helped shape the transition from medieval to modern thought. His guiding principle -- today known as Occam's Razor -- states when you are faced with a problem, you should choose the simplest solution that makes sense.

Three-quarters of a millennium later, Occam's Razor is helping shape the transition to modern bubble thought, where the ordering of groups of similar objects may differ greatly from historic trends.

Today's bracket dilemma: What do you do with a conference with six very good teams, where the auto-bid is currently held by a team with one of the weaker at-large profiles in the group, in a year when other major conferences are top-heavy or just bad, and very few mid-majors have staked a real claim?

Channeling William (who would have been masterful on the selection committee): You put them all in.

Yes, there are six Atlantic 10 teams in today's bracket. Yes, that's more than the Big East or the Big Ten. Yes, that looks weird in print, but that's what can happen when there is growing separation at the top of most of the bigger conferences. The line of delineation this week was as clear as it's been all season. Basically, the good teams got in and the rest missed out.

It would take a very unusual sequence of events -- like a near-perfect series of remaining league results, a one-bid Pac-10, no one emerging from the Big East muck and very few small-conference tourney upsets -- for the A-10 to crack open a six-pack on March 14, but it's not impossible. And that's the point.

We have to get to 34 at-larges somehow. So, given today's data, what would William say about a bracket with six A-10 teams in it? The easiest answer is: They all belong.

Remember, records listed are Division I only, per NCAA Tournament selection guidelines. All RPI and SOS data are from Sunday's collegerpi.com RPI report.

Send your very valuable feedback to bubblewatch@gmail.com or to @aglock on Twitter. All submissions are read; polite, fact-based ones stand the best chance of a response. Readers who claim their team's record is wrong because they failed to read the previous paragraph will be forced to live-blog North Carolina's CBI opener.

Summary key:

GW: Good wins over top-50ish foes (home league wins judged more strictly).
BL: Bad losses to teams outside top 100 or to direct bubble competitors.

ACC

Locks: Duke

The Blue Devils bounced back against Georgia Tech before struggling again on the road, escaping Boston College by a trey. Duke's relative road woes are a bit alarming at this stage for a team with some veterans. Figuring out the order of the teams after Duke is really difficult now, with unbalanced schedules impacting things.

SHOULD BE IN

Wake Forest (16-5, 6-3, RPI: 15, SOS: 20) overcame a very dicey no-call at the end of regulation to win at Virginia in OT and start to solidify itself as an at-large. The Deacs have a good chance to get to 8-3 with home games against BC and Ga. Tech up next.
GW: at Gonzaga, Xavier, Richmond, at UNC?
BL: W&M is really weakening now, and at Miami isn't a great loss

IN THE MIX

Georgia Tech (16-6, 5-4, RPI: 25, SOS: 16) is one of many teams that needs to start doing more on the road. Getting crushed at Duke wasn't proof of developing maturity from this talented-but-young team. Neither was beating N.C. State at home by two. The Jackets still head to Wake, Maryland and Clemson. Getting swept by FSU could matter later.
GW: Duke (and Siena?), at UNC?
BL: Nothing horrible, but too many

Maryland (15-6, 6-2, RPI: 46, SOS: 35) had a big week, polishing off a sweep of FSU by winning in Tallahassee and then discarding UNC like it was Asheville or Greensboro. The Terps still get Duke twice (good for marquee win shots), and also get Virginia twice, home games against GT and Clemson and go to Va. Tech. Not easy, but will help Maryland cement its status if the Terps navigate that OK.
GW: Sweep of FSU
BL: None, although William & Mary is really weakening

Florida State (17-6, 5-4, RPI: 43, SOS: 58) may rue losing at home to Maryland. Now three of the next four are away and none are easy. Wednesday's game at Clemson is now really big for both teams. The 'Noles' sweep of Ga. Tech is their best work, and that may not end up being enough. The Jackets' overall profile is still better and FSU now has been swept by Maryland.
GW: Sweep of Georgia Tech
BL: Home to N.C. State; swept by Maryland (for bubble purposes)

Clemson's (16-7, 4-5, RPI: 40, SOS: 32) annual fade is rivaling Groundhog Day for a February tradition. Getting rocked at Va. Tech makes it four of five in the L column. The next three -- FSU, Miami, UVa -- are all at home and might decide the Tigers' NCAA fate. They probably need to get all three with a trio of tough road games left after that.
GW: Butler (N)
BL: None, but total is mounting and handful to bubble competition: GT, VT, A&M and Illinois

Virginia Tech (18-4, 5-3, RPI: 61, SOS: 180) beat UNC and Clemson at home, which the Hokies absolutely needed to do. Why? The combined conference record of the nine high-major teams VT has beaten this season is 21-51. Translation: They haven't beaten anyone, which explains the RPI and SOS. Other sites will overreact and shove VT into their brackets. Right now, they're still a pretty good team with a pretty weak resume.
GW: Clemson?
BL: at Miami

Virginia (14-7, 5-3, RPI: 92, SOS: 102) needs a gaudy ACC finish, which makes the OT home loss to Wake a bummer. Five of the next seven are on the road and one of the two home games is Duke. UVa's won two of its three ACC road games so far, but this may be asking too much.
GW: at UNC, UAB
BL: A bunch to bad BCS league clubs

What else can you say? North Carolina (13-10, 2-6, RPI: 79, SOS: 21) is in massive trouble after losing at VT and then getting destroyed at Maryland. Two early-season wins can't wash away all of this. Without even one of those (and without UNC on their jerseys) they might not even be in the Watch. If Duke crushes them in Chapel Hill Wednesday, they might not be next week. Shocking, really.
GW: Ohio St. (with Evan Turner), Michigan St.
BL: at Coll. of Charleston, the huge batch of ACC defeats

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