Training on the Net
DETROIT - The Auto-motive Industry Action Group will begin testing Internet-based training in October. The goal: cut training costs. The first Internet-based course will be on reporting parts content under the North American Free Trade Agreement. The Automotive Industry Action Group is a nonprofit trade association formed to improve communications among automotive trading partners. Its members include DaimlerChrysler, Ford Motor Co., General Motors, Toyota Motor Sales U.S.A. Inc. and Volvo Cars of North America Inc.
BUYING SERVICES IN RED
LOS*ANGELES - Two publicly held online auto-buying services saw red ink in the second quarter. Irvine, Calif.-based autobytel.com Inc. posted a net loss of $6 million on revenues of $9.2 million, compared with a $3.1 mil-lion loss on revenues of $5.4 million during the second quarter of 1998.
Separately, Autoweb.com Inc. of Santa Clara, Calif., posted a $2.9 million loss on revenues of $7 million, compared with a $2.1 million loss on revenues of $2.8 million during the same quarter in 1998.