Champion Parts Notice of Sale

CHAMPION PARTS - NOTICE OF PUBLIC SALE

NOTICE IS HEREBY GIVEN that on March 5, 2008, at 10:00 a.m. (the “Date of Sale”) in the offices of Vedder Price P.C., 222 North LaSalle Street, Suite 2600, Chicago, Illinois, the secured party PNC Bank National Association (”Seller”), pursuant to (i) Section 9 610 et seq. of the Revised Uniform Commercial Code as adopted under Arkansas and other applicable law, (ii) that certain Revolving Credit Loan and Security Agreement dated as of August 10, 2004 (as amended, modified, supplemented and restated from time to time, the “Loan Agreement”) between Seller, as lender, and Champion Parts, Inc., as borrower (”Borrower”), and (iii) that certain Order Granting The Motion of PNC Bank National Association for Relief From the Automatic Stay of the United States Bankruptcy Court Western District of Arkansas (Case No. 07-73253) dated January 29, 2008 (the “Lift-Stay Order”), will hold a public auction to offer for sale all of Borrower’s right, title and interest in and to the following assets, wherever located, in which Seller has a security interest: Lot 1 – Inventory consisting of Finished Goods, Components and Cores. The Finished Goods include Air Conditioning Compressors and other A/C Parts, Carburetors, Alternators, Starters, CV Drive Axles and other remanufactured automotive products. The Components include small parts used in the remanufacturing process of the Finished Goods. The Cores include the basic core units and components used in the production of the Finished Goods. Lot 2 –Equipment, machinery and furnishings used in the remanufacturing of A/C compressors, carburetors, alternators, starters, CV drive axles and other products. Lot 3 - Intellectual Property including the company name, web domain, engineering data, designs, records and other company property, (collectively, the “Assets”).

Terms and Conditions of Sale. The Assets will be sold in three separate lots as set forth above to the respective bidder with the highest or otherwise best bid for each lot, for cash except as otherwise provided herein, “AS IS, WHERE IS” with all faults and without any express or implied representations or warranties whatsoever, including, without limitation, warranties of merchantability, quiet enjoyment or fitness for a particular purpose or as to the title, value or quality of the Assets. Seller reserves the right, on or prior to the Date of Sale, to modify, waive or amend any terms or conditions of the sale or impose any other terms or conditions on the sale and, if Seller deems appropriate, to reject any bids or to continue the sale without prior notice. Seller reserves the right to credit bid for the Assets at the sale. The successful bidder will be required to pay the purchase price in cash, wire transfer or by certified check on the Date of Sale. Requests for inspection of the Assets should be directed to Joe Wingate, Great American Group, LLC, c/o Champion Parts-Hope AR, 2005 W. Avenue B, Hope, AR 71801, (870) 777-8821, ext. 126 or (714) 381-0862 (cell). All other inquiries should directed to Ryan O. Lawlor, Esq., Vedder Price P.C., 222 North LaSalle Street, Suite 2600, Chicago, Illinois 60601 1003, (312) 609-7500, (312) 609 5005 (fax).

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By Chris Woodyard, USA TODAY

For sleepless car owners who decide they need to check their tire pressure in the middle of the night, General Motors has a solution.
GM (GM) plans to introduce a remote-control key fob next April that will allow drivers to not only determine the pressure in each tire, but also check the odometer reading, see if there’s enough fuel in the tank to make it to work in the morning, change the radio station settings and see if they remembered to lock the car doors, to name a few.

The device will be a $150 option on Cadillac Escalade luxury SUVs and other full-size GM SUVs, pickups and crossover-utility vehicles.

“One of the overarching themes people told us they wanted was security and safety,” GM spokesman Tom Henderson says. Being able to reassure themselves about their vehicles without leaving the house is one way to satisfy that.

The feature builds on GM’s expertise as the first automaker to introduce remote start, which made its debut in the 2004 Chevrolet Malibu and now is available from other automakers and as an add-on accessory.

GM says it will be first to offer remote two-way communication with the vehicle using a liquid-crystal display on the fob. The fob will operate at four to six times the range of competitors’ keyless entry systems, GM says.

Automakers have been giving the remote-control key fob more and more tasks beyond the ability to lock or unlock the doors from a distance. Some will operate the power windows. Others are keyed to a car’s memory settings and reset seats, mirrors, stereo and other functions to the driver’s preference after a different driver has been using the vehicle.

BMW and Mercedes-Benz offer systems that adjust a vehicle’s seats and mirrors to a drivers’ personal preferences not from the fob, but as soon as the driver touches the outside door handle.

Volvo is planning a keyless entry system that can detect a heartbeat and alert the driver if someone is lurking inside the car. That’ll be introduced on a new version of the S80 sedan in the USA in February. The same technology, with some changes, should eventually be able to remind drivers if they forget and leave children in the car.

GM says its two-way fob will cost less than $100 to replace if it’s lost or broken. And it should be hard to break, Henderson says. For testing, it’s been dropped, dunked underwater and sprayed with saltwater.

GM says the feature probably will be considered a bargain. Consumer test panels showed that interest in the feature rose, rather than fell, when panel members were told what GM planned to charge.

[Sorce USA Today

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By Noah Joseph on modena

Aluminum giant Alcoa has opened a new facility in Modena specifically to provide aluminum space frames and components to Ferrari.

The two companies began collaborating in 1994, when Ferrari determined that the lightweight metal was the way to go to reduce weight and improve the dynamics of its road cars, and began producing the space frames for the 360 Modena in 1998. Today Alcoa is Ferrari’s development and construction partner, with the aluminum conglomerate providing the frames for the F430, 612 Scaglietti and the new 599 GTB Fiorano.
Until now, Alcoa produced the components at their own plants in Hungary, Germany and the Netherlands and sent them to the Ferrari factory in Italy where Alcoa personnel assembled them into full space frames at Scaglietti Works, Ferrari’s body panel facility. With the new state-of-the-art 5,000-square-meter, million-euro facility, Alcoa will produce the space frames on site. The factory includes two high-speed robotic machining centers, two robotic joining centers and 12 space-frame assembly cells.
Alcoa’s overall investment in Italy totals nearly $300 million, having taken over Alumix in 1996 and incorporating six facilities: three extrusion plants, two smelters and one rolling mill, employing 1,900 workers directly and 4,000 indirectly. While we’re not likely to see any direct results from the new facility, it should help Ferrari produce its cars more efficiently, which is good all around.
[Source: FerrariWorld via Motorpasion]

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Tuesday October 31, 4:25 pm ET

MEMPHIS, Tenn., Oct. 31, 2006 (PRIMEZONE) — AutoZone, Inc. (NYSE:AZO - News) today announced it will attend the BB&T Consumer Conference on November 14, 2006 in New York, NY.
About AutoZone:

As of August 26, 2006, AutoZone sells auto and light truck parts, chemicals and accessories through 3,771 AutoZone stores in 48 states plus the District of Columbia and Puerto Rico in the U.S. and 100 stores in Mexico and also sells the ALLDATA brand automotive diagnostic and repair software. On the web, AutoZone sells diagnostic and repair information and auto and light truck parts through http://www.autozone.com.

Contact:
AutoZone, Inc.
Financial:
Brian Campbell
(901) 495-7005
brian.campbell@autozone.com
Media:
Ray Pohlman
(901) 495-7962
ray.pohlman@autozone.com
Source: AutoZone, Inc.

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Posted Oct 29th 2006 8:08AM by Alex Nunez

Anyone who’s gotten married or has had to arrange for chauffeur-driven transportation for an event knows that with the hourly rates limo services charge, the bill adds up in a hurry. James Alice, a UK car-for-hire firm, built its reputation hiring out high-end cars such as the Bentley Arnage, BMW 7 Series, and an Aston Martin DB7 Vantage Volante, primarily for wedding use, based on what’s detailed on the company’s website.

James Alise is ready to turn the conventional wisdom on it’s head, however, by adding a new service. They will provide customers with a chauffeur-driven Arnage for a week. The cost? A flat £2,000. Want the Bimmer instead (why anyone would is a good question)? That’s just £1,750. Those prices include unlimited mileage. The only cost above and beyond the stated rate is for fuel.

So if you’re heading to the St. Ives area and want to roll in ultimate style, these folks will be able to accomodate you.

[Source: Auto Industry]

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