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Short Take: eAuto shuts its doors

eAuto, an online auto-parts dealer, said it ceased operations. The Dallas-based company said in a news release that it was unable to secure a second round of funding. Launching in 1996, the privately held company began as a directory site and automotive portal, but switched to a business-to-business strategy in November.

eAuto, an online auto-parts dealer, said it ceased operations. The Dallas-based company said in a news release that it was unable to secure a second round of funding. Launching in 1996, the privately held company began as a directory site and automotive portal, but switched to a business-to-business strategy in November.