CarsDirect.com Appoints Automotive Industry Veteran for CEO Post in Europe.Business Editors &Automotive Writers LOS ANGELES--(AutomotiveWire)--Feb. 2, 2000 Kevin D. Gaskell, Former Head of BMW's Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. Operations, Will Build Leading Automotive E-tailer's Presence Throughout Europe Marking its first moves outside of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , CarsDirect.com, the leading automotive e-tailer, today appointed Kevin D. Gaskell, former managing director of BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. Great Britain Ltd Great Britain Ltd (also known as GBLtd) is a British nation-simulation game originally released in 1982 for the BBC Micro and ZX Spectrum. The game provides a simple economic and political simulation, allowing the player to manage the British economy and compete in elections ., as chief executive officer, Europe. The appointment is effective from March 1. Gaskell, 41, who also served as a member of the management board of BMW Group Ltd., will be responsible for building the CarsDirect.com business in Europe, with headquarters to be located in the United Kingdom. CarsDirect.com is the first nationwide online service that provides consumers a complete car buying experience -- from research, pricing, customization and financing to flatbed personal delivery of the car to a home or office. &uot;Kevin is recognized as one of the United Kingdom's most successful and talented managers, and one of the key leaders of the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. ,&uot; said Bob Brisco, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CarsDirect.com. &uot;We're delighted Kevin will be leading our expansion into Europe.&uot; &uot;CarsDirect.com will present an extraordinary opportunity for car buyers throughout Europe to take control of the purchasing process,&uot; Gaskell said. &uot;Working with CarsDirect.com's outstanding management team, it is my intention to mirror the company's achievements in the United States.&uot; Gaskell most recently served as managing director of BMW Great Britain Limited, with responsibility for all sales and distribution. Since assuming that position in 1996, Gaskell has overseen three successive years of record performance, and the development of an integrated Internet-based distribution strategy. Prior to BMW Great Britain, Gaskell was managing director of Porsche Cars Great Britain Limited, where he was responsible for the turnaround, growth and development of the Porsche, and later the Lamborghini, brands. Gaskell began his professional career as a civil engineer at R.M. Douglas Construction, followed by his tenure in the chemical industry as an accountant at Dow Corning Limited. About CarsDirect.com CarsDirect.com (http://www.carsdirect.com) is an Internet company that lets consumers complete the vehicle purchase transaction. With CarsDirect.com, shoppers can research, price, customize, order and finance a new car or truck over the Web -- selecting from among 2,500 makes and models by every major manufacturer. More than 2,000 franchised dealers are a part of CarsDirect.com's Priority Dealer Network. Based in Los Angeles, CarsDirect.com is an idealab! company. The company is also funded by idealab! Capital Partners, Primedia Ventures, Foundation Capital, MSD (MicroSoft Diagnostics) A utility that accompanied Windows 3.1 and DOS 6 that reported on the internal configuration of the PC. A variety of information on disks, video, drivers, IRQs and port addresses was provided. Capital LP, Goldman Sachs, Morgan Stanley Dean Witter, Hambrecht &Quist, E*O Investors LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Oracle Corp., Liberty Digital, TMCT TMCT Trailer Mounted Communications Tower Ventures, East Peak Partners, L.P, Hikari Tsushin and Soros Private Equity Partners LLC. |
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