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Auto News 11/2008 (Page 5)
France to announce recovery plan for auto industry (San Francisco Chronicle)
President Nicolas Sarkozy said Tuesday he would announce a "rather massive" plan in the coming days to support the automobile and building industries, victims of the economic crisis. Speaking at a round-table discussion in this northern French city, Sarkozy...
(Nov 25, 2008)
France to announce recovery plan for auto industry (Battle Creek Enquirer)
VALENCIENNES, France — President Nicolas Sarkozy said today he would announce a “rather massive” plan in the coming days to support the automobile and building industries, victims of the economic crisis.
(Nov 25, 2008)
France to announce recovery plan for auto industry (Lexington Herald-Leader)
President Nicolas Sarkozy said Tuesday he would announce a "rather massive" plan in the coming days to support the automobile and building industries, victims of the economic crisis. Speaking at a round-table discussion in this northern French city, Sarkozy gave no details of the plan. Within 10 days, he said, "we will announce a rather massive recovery plan to counter difficulties of the ...
(Nov 25, 2008)
Rally to support auto industry (Tribune Chronicle)
The campaign to ''Rev Up America'' by boosting auto sales will reach the starting line Friday night. Auto dealers and others involved in the area's massive automotive industry are hoping the campaign will carry the message across the nation.
(Nov 26, 2008)
Develop our own industry, not branch plants (Toronto Sun)
Our dependence on the failing American auto sector demonstrates the need to develop an indigenous Canadian automobile industry.
(Nov 26, 2008)
Jimmie Johnson wins again--in TV exposure:
Jimmie Johnson has recorded another victory, this time for his sponsors.
(Nov 26, 2008)
Platinum Prices Sink on Auto Industry Woes (The Moscow Times)
24 November 2008 By Courtney Weaver / Staff Writer The U.S. and European automobile industries are screeching to a halt, and they're leaving behind a string of casualties -- not all of which are obvious.
(Nov 26, 2008)
Henry Ford: Industry Mogul And Industrial Innovator (Investopedia via Yahoo! Finance)
This man made his dream of bringing the automobile to the masses a reality.
(Nov 26, 2008)
Study in Germany (Bangkok Post - Thailand's English news)
Germany's worldwide success in the automobile industry started more than 100 years ago. Even today, automobile marques, such as Audi, BMW, Mercedes-Benz, Opel, Porsche or Volkswagen are in great demand.
(Nov 26, 2008)
Another View: How to Save the U.S. Auto Industry (New York Times)
The American automobile industry is too big to fail. The loss of jobs and the adverse impact on the suppliers and perhaps many financial institutions is simply too great not to be addressed. The private capital markets cannot solve the problem. Federal government assistance is needed.
(Nov 26, 2008)
Honouring a giant in automotive industry (The New Straits Times)
KUALA LUMPUR: A book paying tribute to the late Tan Sri S.M. Nasimuddin S.M. Amin will be launched at the NST/Maybank Car of the Year Awards tonight. The book was produced in recognition of Nasimuddin's contributions to the automotive industry.
(Nov 27, 2008)
Get Your Motor Runnin' (Las Vegas Review-Journal)
Maybe these aren't the best of times for the U.S. auto industry, but not even a temporarily -- we hope -- crashing economy can tear asunder Americans' passionate affair with the automobile.
(Nov 27, 2008)
More emphasis has to be placed on mass transit, Emporia reader says (Abilene Reflector-Chronicle)
The current discussion on the proposed auto industry bailout of “the big three” is missing the central problem: Our excessive dependency on the personally owned automobile.
(Nov 27, 2008)
Ukraine's auto industry could grind to a halt in mid Dec - ministry (Interfax)
KYIV. Nov 27 (Interfax-Ukraine) - Ukraine's automobile companies could halt production fully in the middle of December, if the government does not implement urgent measures to protect domestic producers, Yefim Khazan, executive director of the association of national car manufacturers Ukravtoprom, said on Era radio.
(Nov 27, 2008)
Mumbai terror attack a blow to auto industry (rediff.com)
The terrorist attack in Mumbai has come as yet another blow to the Indian automobile industry, which is already reeling under a sales slump due to high interest rates and lack of finance availability.
(Nov 27, 2008)
Talks on auto aid under way: Flaherty (Reuters via Yahoo! News)
Discussions over how to help the ailing automobile industry are still under way, even if no aid was included in the government's fiscal update on Thursday, Finance Minister Jim Flaherty said.
(Nov 27, 2008)
Mumbai Terror: Yet another blow to the auto industry (Business Standard India)
The terrorist attack in Mumbai has come as yet another blow to the Indian automobile industry, which is already reeling under a sales slump due to high interest rates and lack of finance availability.
(Nov 28, 2008)
LOCAL IMPACT OF AUTOMOBILE MANUFACTURER BANKRUPTCY OR BAILOUT STILL UNCERTAIN (Pine Bluff Commercial)
Uncertainty about the stability of the automobile industry has many concerned with the ripple that could follow if General Motors, Ford or Chrysler go bankrupt and don’t receive a bailout.
(Nov 28, 2008)
Fate of auto industry matters in Arkansas (Arkansas News Bureau)
By John Lyon Arkansas News Bureau LITTLE ROCK - Arkansas is not exactly at the heart of the American auto industry, but many in the state are paying close attention to the debate in Congress over a proposed bailout of the Big Three automakers.
(Nov 28, 2008)
New Mini Convertible lifts its lid:
Mini has released photos of its new Convertible.
(Nov 28, 2008)
French President:Won't Allow French,European Auto Industry To Fail (Nasdaq)
PARIS -(Dow Jones)- French President Nicolas Sarkozy reiterated Friday that he won't let the French or European automobile industry fail. "I won't abandon the French or European automobile industry," he said, referring to France's head of the European Union presidency.
(Nov 28, 2008)
Auto dealers surviving, but keeping close eye on potential bailout of Big 3 (St. Cloud Times)
The automobile industry faces serious challenges. Sales of new vehicles have plummeted. Credit is getting tougher to find. Even the recent dip in gas prices isn't encouraging buyers to rush back to showrooms.
(Nov 28, 2008)
Maruti saves Rs 175 cr in 3 yrs through value engineering (The Hindu)
NEW DELHI: At a time when dropping sales are hurting the automobile industry, especially on margins, country's largest passenger car maker Maruti Suzuki has managed to save around Rs 175 crore in the last three fiscals through value engineering.
(Nov 28, 2008)
BMW And German Brands Worry Openly About the Biggest Crisis Since WWII (AutoSpies.com)
More than 1.5 million workers in Germany depend on the automobile industry for their jobs. But that industry is now facing one of its worst crises ever. Respected giants BMW and Mercedes are particularly exposed as sales plummet.
(Nov 28, 2008)
Political Cartoon (Creston News Advertiser)
Auto bail out would be mistake The automobile industry plays an important role in the U.S. economy, and its failure would add to the nation's financial woes. But a $25 billion federal bailout of GM, Ford and Chrysler is not the right course for the industry or the taxpayers.
(Nov 28, 2008)
Car leasing catching up (Express India)
When the automobile industry is struggling under the economic downturn, business is bright for car leasing companies like the Arval and LeasePlan, with corporates looking at ways to trim cost.
(Nov 28, 2008)
Car industry chiefs ask Mandelson for assistance (Guardian Unlimited)
Britain's carmakers yesterday pleaded for a rapid response from the government to the crisis facing the automotive industry. As company bosses executives met the business secretary Lord Mandelson, the problems facing the industry were underlined by news that Jaguar Land Rover is reducing the number of agency staff in the West Midlands by 850. Paul Everitt, the chief executive of the ...
(Nov 29, 2008)
'Spunk' Helps Coupe Overcome Drum Brakes (Washington Post)
Somewhere between birth and what is now the possible demise of the domestic automobile industry, "American" became a bad word.
(Nov 29, 2008)
Mumbai terror attack yet another blow to the auto industry (The Economic Times)
The terrorist attack in Mumbai has come as yet another blow to the Indian automobile industry, which is already reeling under a sales slump due to high interest rates and lack of finance availability.
(Nov 30, 2008)
Sovereign Bancorp curtails dealership-based automobile loans (Journal Inquirer)
Pennsylvania-based Sovereign Bancorp is abandoning the dealer-related auto loan business, even as car dealers are struggling with plummeting sales, a bank spokesman said today.
(Nov 30, 2008)
AUTO INDUSTRY SALES (Dallas Morning News)
MINNEAPOLIS – Mike Slobodnik would love to buy a new car. Although he works in finance at Fury Motors in South St. Paul, Minn., even Mr. Slobodnik said now is not the right time.
(Nov 30, 2008)
Mumbai terror attack yet another blow to the auto industry (Hindustan Times)
COMMENT ON THIS ! Your Views! The terrorist attack in Mumbai has come as yet another blow to the Indian automobile industry, which is already reeling under a sales slump due to high interest rates and lack of finance availability.
(Nov 30, 2008)
India's automakers rev up for run at U.S. car market (The Toledo Blade)
First of three parts MUMBAI, India — Yet another challenge is facing the U.S. auto industry. And this time, it isn’t coming from Japan, South Korea, or Germany — or the meltdown of the economy. In the next few years, Indian automakers and parts suppliers, long outcasts because of lackluster innovation and stagnant technology, have ambitious plans to sell cars to American consumers and peddle ...
(Nov 30, 2008)
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