Midas (automotive service)
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Midas (NYSE: MDS) is a chain of automotive service centers. The chain was originally known as Midas Muffler as they specialized in the replacement of mufflers. In recent years, they have changed their name to Midas Auto Service Experts, as they are capable of performing most routine and common automobile service, including brakes, fluid changes, and suspensions. The company was founded in 1956. The name Midas originates from the king Midas and his golden touch, hence the slogan "trust the Midas touch".
2005 revenues were $192.5 million USD, down from $197.5 million in 2004
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