General Automotive Company (OTCBB: GNAU) recently announced that they have added two members to their board of directors, Anthony J. Dowd and Kenneth F. Adams. The company is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products spanning different areas of distribution within the United States and internationally.

Anthony Dowd is the managing partner of the private equity partnership, Charter Oak International Partners. During his sixteen years at Charter Oak, Dowd directed and led numerous acquisitions and investment ventures with privately held businesses. His team has completed more than forty-five acquisitions since founding Charter Oak’s private equity business.

Kenneth Adams brings with him an extensive background of management experience. He served as vice president and CFO of Saab Cars USA, Inc. for thirteen years, a subsidiary of General Motors Corporation and a wholesale distributor of Saab cars, producing

General Automotive Company (OTCBB: GNAU) reported their financial figures for the first quarter ended March 31, 2008. The company is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products covering a number of levels of distribution throughout the U.S. and worldwide. They have long-lasting relationships with manufacturers in China, Korea, and Japan which allows them to bring high-quality automotive parts and accessories to automobile manufacturers in the United States.

Revenue rose 51% to $4.07 million for first quarter 2008 compared to $2.69 million a year ago. Gross profit totaled $345,000 for first quarter 2008 compared to last year’s total of $482,000. Net loss was reported to be $504,000, or $0.07 per diluted share, a change from last year’s first quarter’s net loss of $443,000, or $1.15 per diluted share.

Joe DeFrancisci, President and CEO of General Automotive, said, “Since General