Driven a Gazelle lately?
Article Abstract:
Eurasia Motor Corporation is being sued by several automobile dealers trying to get their money back from what could be a coast to coast swindle. Several dozen car dealers accross the country paid from $25,000 to $60,000 to acquire a Eurasia Motor Corp. franchise. The company raised $10 million in less than two years, and investigations found it no longer has the money. The company promised to deliver a line of off road vehicles called Gazelles. It claimed several automobile companies were going to build the Gazelles, but those companies have disavowed any ties with Eurasia. The company maintains that the Gazelles will be manufactured in Mexico.
Comment:
Eurasia Motor Corporation is being sued by at least nine dealers
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Amazon.com is adding a warehouse; sign of expanding distribution system
Article Abstract:
Seattle-based Amazon.com announced the leasing of another warehouse about 30 miles from Reno, Nevada. This one is on almost 8 acres. Other facilities include a 93,000 sq. ft. distribution center in Seattle and a 202,000 sq. ft. facility in Pennsylvania on 4.4 acres. The firm needed additional distribution facilities as found out during the holiday season of late-1998. Amazon's largest competitor, Barnes & Noble, has made a bid for the book distributor that independent booksellers order through, Ingram Book Group.
Comment:
Online bookseller leased warehouse near Reno on almost 8 acres
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Andreessen steps down from AOL. Amazon.com is expanding beyond books. The neighborhood business
- Abstracts: This fall, ladies' handbags are getting carried away. Adrienne Vittadini, fashion victim. At Tag Heuer, it's art first, then watches
- Abstracts: Media companies adding Web cachet; powerhouses hold some new cards. Two Web sellers of CDs, tapes plan to be duet
- Abstracts: U.S. and Intel at odds over issue that raises question of law's limit. Out of work for a year, R.J. Reynolds Tobacco's cartoon endorser now faces Government charges
- Abstracts: Even a sky can have limits; financing and other problems crimp space industry's growth. No. 2 official out at Mattel in shake-up; position is eliminated at struggling toy maker