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  September 5, 2001
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Home > Company Index > Specialty Retail > Auto Dealers & Distributors > The Major Automotive Companies, Inc.

The Major Automotive Companies, Inc.
Nasdaq: MAJR
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 NEWS FROM THE WIRES
Major Automotive CEO cedes control to Cogan
Aug 13 2001 07:21 AM PDT

More WIRE STORIES about this company

 PROFILE
Car dealer The Major Automotive Companies (formerly Fidelity Holdings) has regained its drive. The firm's dealerships sell DaimlerChrysler, GM, Subaru, Mazda, Lincoln-mercury, Kia, and Daewoo vehicles from 7 locations in the New York City area, and it also distributes GM vehicles in the former Soviet Union. The company also sells used cars, provides financing, and offers automobile replacement parts and repair services. It is expanding through acquisitions. Major Automotive has sold its Computer Business Services and IG2 technology units in order to focus entirely on car sales. CEO Bruce Bendell owns about 30% of the company

 COMPETITION
Planet Automotive Group, Inc. (dossier)
United Auto Group, Inc. (UAG)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 322.10
1-Yr. Sales Growth: 52.8%
Employees: 300
Revenue per employee: $1,073,666.67

 KEY PEOPLE
• Bruce Bendell
    CEO
• Richard L. Feinstein
    CFO

 CONTACT INFO
80-02 Kew Gardens Rd., Ste. 5000
Kew Gardens, NY 11415
US
Phone: 718-520-6500
Fax: 718-793-2484
Online: Web Site

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