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Auto News 01/2009 (Page 7)
Researchers define challenging carbon-emissions targets for U.S. auto industry (PhysOrg)
(PhysOrg.com) -- U.S. automakers must achieve an eightfold reduction in automobile-related carbon emissions to help stabilize the amount of heat-trapping carbon dioxide gas in the atmosphere by 2050, according to University of Michigan researchers.
(Jan 28, 2009)
Nigeria: FG Tasks Stakeholders in Auto Industry (AllAfrica.com)
Minister of Commerce and Industry Chief Achike Udenwa has called on the Nigerian Automotive Manufacturers Association (NAMA) and other stakeholders in the Auto Industry to come up with suggestions on how to revive the Auto industry in Nigeria.
(Jan 29, 2009)
2010 Porsche 911 GT3 to bow at Geneva motor show:
It perhaps is the ultimate 911, and now its getting even better. Porsche will unveil an updated 911 GT3 at the Geneva motor show on March 3 with engine and chassis refinements that bolster its gripping performance.
(Jan 29, 2009)
ZF Sachs sources Mazda3's clutch from Chinese unit (Automotive Business Review)
German automobile driveline and chassis technology provider ZF Friedrichshafens powertrain and suspension components subsidiary, ZF Sachs, is exporting clutches for the Mazda3 from its base in China. The components are produced at Shanghai Sachs Powertrain Components Systems, a joint venture between ZF Sachs and Shanghai Automotive Industry.
(Jan 29, 2009)
Ford burns through $5.5 billion in 4th quarter as losses mount:
Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted.
(Jan 29, 2009)
Mini Crossman prototype goes out for winter fun:
Remember Minis Crossover concept from the Paris motor show last fall? Well, heres a look at a disguised prototype for the road-going version.
(Jan 29, 2009)
Mini Crossman prototype goes out for winter fun:
Remember Minis Crossover concept from the Paris motor show last fall? Well, heres a look at a disguised prototype for the road-going version.
(Jan 29, 2009)
JLR denies preference talks over UK aid (Business Standard India)
The Tata group-owned Jaguar-Land Rover (JLR) has denied reports in the media that yesterday's £ 2.3-billion credit relief (as loan guarantee) announced by the UK government will benefit it more than rest of the automobile industry in the UK.
(Jan 29, 2009)
Gulf One Z06 tops $1 million at auction:
An icon of 1960s racing, the Gulf One Corvette Z06 racer, was in familiar position last weekend at the Mecum Auction--first.
(Jan 29, 2009)
Gulf One Z06 tops $1 million at auction:
An icon of 1960s racing, the Gulf One Corvette Z06 racer, was in familiar position last weekend at the Mecum Auction--first.
(Jan 29, 2009)
JLR denies preference talks over UK aid (Business Standard India)
The Tata group-owned Jaguar-Land Rover (JLR) has denied reports in the media that yesterday's £ 2.3-billion credit relief (as loan guarantee) announced by the UK government will benefit it more than rest of the automobile industry in the UK.
(Jan 29, 2009)
Tax Incentive Bill from Maryland Senator is a Boost for Struggling Auto Industry and Economy (National Autombile Dealers Association)
WASHINGTON (Jan. 28, 2009) – The National Automobile Dealers Association announced its strong support for legislation proposed by U.S. Sen. Barbara Mikulski, D-Md., to stimulate the struggling economy by boosting retail auto sales.
(Jan 29, 2009)
Oracle Auto puts up 'pulley' unit to meet industry demand (Express India)
Oracle Auto, which supplies sheet metal items to Tata Motors, has set up a state-of-the-art CNC spin forming plant despite the current downturn in automobile sector.
(Jan 29, 2009)
The Credit Crisis & Agriculture: Too Much Happy Talk? (CattleNetwork.com)
The impact of the credit crisis on the state of Michigan is in the news daily. Much of this attention has focused on non-agricultural industries in Michigan, especially the automobile industry.
(Jan 29, 2009)
Chinese automaker aims expansion despite industry growth slowdown (People's Daily)
Brilliance Auto, the seventh largest automaker in China in terms of sales, aims to double its sales revenue to reach 80 billion yuan (11.7 billion U.S. dollars) in 2010, the company said Thursday. Qi Yumin, board chairman of the company, said Thursday that the automobile industry would see opportunities in light of the government-planned stimulus measures to boost the ailing sector. The ...
(Jan 30, 2009)
Production version of Aston Martin Rapide sedan revealed:
The 180-mph super-sedan that Aston Martin will pitch against the Porsche Panamera has been revealed for the first time.
(Jan 30, 2009)
McLaren P11 supercar spied in the snow:
In this rare instance, a divorce seems to be benefiting everyone--including supercar fans.
(Jan 30, 2009)
Updated Mazda MX-5 to roll out at Chicago show:
Following its world debut last October at the Paris motor show, Mazdas 2009 MX-5 roadster will have its North American rollout party at the Chicago auto show.
(Jan 30, 2009)
Obama announces creation of middle-class task force, takes executive action on labor rights (Minneapolis-St. Paul Star Tribune)
Just what we need. More power for the Unions. I guess destroying the automobile industry wasn't enough. There won't be a profitable business left in this country once Obama and the … read more Unions have their way. Anybody want their vote back yet?????
(Jan 30, 2009)
Spain To Throw Lifeline To Carmakers (Forbes)
Madrid is preparing a plan to help the struggling auto industry; could state aid be counterproductive in the long term, though?
(Jan 30, 2009)
Ford and Shelby pair up on GT 'R Model':
Ford and Shelby collaborating on a Mustang isn't news, it's the norm. But when they're doing something they haven't done in more than 40 years, and the price tops $100,000, it must be something special.
(Jan 30, 2009)
Mitsubishi confirms Lancer Sportback for the States:
In the wake of its rumored U.S. arrival, Mitsubishi is officially confirming the addition of the Lancer Sportback to its North American product portfolio.
(Jan 30, 2009)
BMW releases sketchy video on Progressive Activity Sedan:
Simply calling it a car, or perhaps wagon, just isnt how BMW rolls. And today were getting more information on its curiously-titled Progressive Activity Sedan.
(Jan 30, 2009)
Road America motorcycle school returns for third-straight year:
Two wheels or four, if its attached to an engine, were into it. And so are the enthusiasts at Road America.
(Jan 30, 2009)
Audi releases action-packed teaser for Super Bowl ad:
After posting relatively sturdy sales despite challenging conditions around the world, Audi feels its in position to do a bit of chest-thumping, and that comes through in its 60-second Super Bowl ad.
(Jan 30, 2009)
Japan’s auto output suffers record fall (Business Times (Malaysia))
TOKYO: Japan’s total auto output plunged a record 25.2 per cent in December from a year earlier to 725,552 vehicles due to weak demand, an industry group said It was the steepest decline since comparable records began in 1967, the Japan Automobile Manufacturers’ Association said.
(Jan 30, 2009)
ATHERTON TO ADDRESS SAE INTERNATIONAL'S GOVERNMENT INDUSTRY MEETINGS IN D.C. (The Auto Channel)
Scott Atherton, President and CEO of the American Le Mans Series, will be the featured speaker and give the Opening Address in Washington, D.C. Wednesday, February 4 at the SAE International's Government Industry Meeting breakfast.
(Jan 30, 2009)
Auto parts maker Contech files for bankruptcy (Reuters via Yahoo! Philippines News)
NEW YORK, Jan 30 (Reuters) - Auto parts maker Contech LLC said on Friday that it has filed for Chapter 11 bankruptcy protection, citing a downturn in the automobile industry.
(Jan 31, 2009)
(AFX UK Focus) 2009-01-31 01:47 Auto parts maker Contech files for bankruptcy (Interactive Investor)
NEW YORK, Jan 30 (Reuters) - Auto parts maker Contech LLC said on Friday that it has filed for Chapter 11 bankruptcy protection, citing a downturn in the automobile industry. The company, which makes light-weight cast components for cars and trucks, plans to use the bankruptcy process to sell noncore operations, adjust operating costs and reduce its debt obligations. The company said in a ...
(Jan 31, 2009)
News in brief (Jamaica Gleaner)
"The impact of this global recession is increasingly being felt in Jamaica; we have serious problems with the bauxite industry for the simple reason that 50 per cent of the bauxite that is produced throughout the world is utilised in the automobile...
(Jan 31, 2009)
An inauguration of the wrong ideas (Detroit News)
Welcome to Washington, President Obama. I offer this as the inaugural address you should have given, considering your demonstrated lack of understanding of the real problem affecting the domestic automobile industry.
(Jan 31, 2009)
Industry body seeks more incentives for auto industry (New Kerala)
New Delhi, Jan 31 : Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) Saturday urged the government to offer more incentives to the domestic auto industry and encourage foreign investment in the sector.
(Jan 31, 2009)
Industry body seeks more incentives for auto industry (Calcutta News)
Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) Saturday urged the government to offer more incentives to the domestic auto industry and encourage foreign investment in the sector.
(Jan 31, 2009)
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