The Color of Money: Flood-damaged cars wash up in used-car

The Color of Money: Flood-damaged cars wash up in used-car lots (Miami Herald)
When the floodwaters finally recede on the Gulf Coast, no doubt there will be thousands of water-damaged cars that will flood the used car market.

Do-it-yourself auto salvage yard gives customers the pick of parts (St. Louis Post-Dispatch)
A self-serve automotive-salvage yard is still a relatively new idea in the Midwest. Pick-N-Pull, a chain of 30 stores in the U.S. and Canada and based in Sacramento, Calif., took over the 23 acres of U-Wrench-It in January, when it bought the smaller four-store chain.

(AFX UK Focus) 2005-10-05 17:16 GMT: GM to sell Fuji Heavy Industries stake - UPDATE 1 (Interactive Investor)
WASHINGTON (AFX) -- General Motors Corp., faced with runaway healthcare costs and being asked to bail out its top auto parts supplier, said Wednesday it is selling its stake in Fuji Heavy Industries Ltd., a move that could raise about $1 billion.

Pick-N-Pull buys GreenLeaf (bizjournals.com via Yahoo! Finance)
Pick-N-Pull Auto Dismantlers has acquired GreenLeaf Auto Recyclers LLC, an auto dismantling and recycling business that sells reclaimed auto parts primarily to collision and mechanical repair shops.

La-Z-Boy Issues 2Q Profit Warning (AP via Yahoo! Finance)
La-Z-Boy Inc. on Tuesday issued yet another quarterly profit warning to Wall Street, this time citing a shortage of foam used to cushion its furniture.

This Week's Auto Express (AutoExpress)
n this week's mag, Subaru unveils its Impreza hatch in readiness for the Tokyo Motor Show, exclusive spy images of Volvo's Golf rival, the C30, SEAT's Leon diesel against rivals and a special report on diesel motoring and why it can save you a small fortune. On sale now.