TITLE

Fidelity adds Compass to its holdings

PUB. DATE
August 2000
SOURCE
Automotive News;8/28/2000, Vol. 74 Issue 5890, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on developments related to the automobile industry in the United States as of August 28, 2000. Fidelity Holdings Inc.'s acquisition of Orange, New Jersey-based Major Automotive Group; Mike Losh's plan to retire as chief financial officer of General Motors.
ACCESSION #
3523902

 

Related Articles

  • Deal creates 9th public dealer chain.  // Automotive News;5/18/1998, Vol. 71 Issue 5766, p53 

    Reports on the closure of Fidelity Holdings Incorporated's acquisition of Major Automotive Group of Long Island City, New York, in a stock and equity transaction. Value of transition; Information on Major Automotive Group; Which stock exchange Fidelity Holdings stock is listed upon; Comments...

  • Auto dealer drives off with area business. Lipowicz, Alice // Crain's New York Business;04/10/2000, Vol. 16 Issue 15, p18 

    Reports on Major Automotive Group's expansion into the automobile dealership sector in New York. Area dealerships targeted by the company for acquisition; Current presence of Major's parent company, Fidelity Holdings Inc., in the automobile sector.

  • New securities-fraud suit accuses Fidelity Holdings. Freedman, Eric // Automotive News;12/11/2000, Vol. 75 Issue 5907, p9 

    Reports on developments in lawsuits concerning the automobile industry. Shareholders' filing of a securities-fraud suit against Fidelity Holdings Inc., alleging that the company made false and misleading statements to sell stock; Louisiana appeals court's support for a dealer in light of a...

  • Public retailer could go private. Harris, Donna // Automotive News;6/14/2004, Vol. 78 Issue 6098, p3 

    The chairman of publicly held Major Automotive Group has offered to buy the company for $6.7 million and take it private. The company, which went public in 1998, reported a net loss of $1.1 million on revenues of $380 million in 2003. It has struggled to keep its Nasdaq National Market listing...

  • Tech biz drained dealership group. Harris, Donna // Automotive News;4/23/2001, Vol. 75 Issue 5926, p3 

    Focuses on Fidelity Holding's Chairman Bruce Bendell's profitability plans for the Long Island, New York-based company. Net loss for year 2000; Potential class-action lawsuits by shareholders upset over the stock's sharp decline; Goal of changing name to Major Automotive Cos.; Emphasis on...

  • Buyout puts chain of dealerships in N.Y. on publicly... Chappell, Lindsay // Automotive News;12/23/1996, Vol. 71 Issue 5692, p3 

    Reports that a telecommunications venture has bought out the New York-area auto retail chain, Major Automotive Group. Statistical information on Major's 1996 sales; Background information on Major Automotive Group; Views of Bruce Bendell, principal owner of Major Automotive Group.

  • Wheeler dealers test-drive telecom. Temes, Judy // Crain's New York Business;06/16/97, Vol. 13 Issue 24, p4 

    Looks at the move by Major Auto to go public in its efforts to grow and how a proposed investment by a telecommunications firm will help in this process. How the two companies connect on the deal; Where the investment will place the company; Perception that investment is a way of increasing...

  • Fidelity buys auto group.  // Automotive News;4/3/2000, Vol. 74 Issue 5868, p6 

    Presents news briefs pertaining to automobile industry and trade as of April 3, 2000. Includes Fidelity Holdings Inc.'s plan to acquire B&L Auto Group; Land Rover North America Inc.'s selection of GSD&M to handle its advertising account.

  • Major making strides in tough New York arena. Miller, Joe // Automotive News;4/5/1999, Vol. 73 Issue 5813, p30 

    Reports on the performance of used car dealer Major Automotive Group in the New York area. Marketing strategies; New-vehicle franchises; Scope of dealer operations.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics