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Auto News 02/2009 (Page 7)
Nissan scales back on auto shows:
Nissan said on Friday that it will not participate in some of the major auto shows in its new business year starting April 1, Reuters is reporting.
(Feb 27, 2009)
Crane Cams says it plans to reopen after restructuring :
Well-known cam shafts company Crane Cams shut down Feb. 24 for restructuring but says it plans to reopen, likely sometime in March.
(Feb 27, 2009)
Auto sales near bottom, experts say (UPI)
DETROIT, Feb. 27 (UPI) -- Leading automobile industry analysts said the U.S. sales figures were close to the bottom and could rise in the next few months.
(Feb 27, 2009)
Gordon Murray Design launches sale of licenses for new city car:
Gordon Murray Design--whose namesake designed the McLaren F1 and Mercedes-Benz SLR McLaren--said Friday its launching the sale of licenses for its diminutive T.25 City Car.
(Feb 27, 2009)
Auto sales near bottom, experts say (Moldova.org)
Leading automobile industry analysts said the U.S. sales figures were close to the bottom and could rise in the next few months.We believe we are nearing the bottom, Jeff Schuster, who heads global forecasting at J.D. Power and Associates, told USA Today.The industry research firm recently downgraded its 2009 sales forecast from 11.4 million vehicles to 10.4 million. Powers also noted it had ...
(Feb 27, 2009)
More auto industry cuts may be needed (National Post)
One in three vehicle assembly factories in North America are surplus at current sales levels, suggesting another massive round of capacity and job cutting is needed as the recession rips away demand for new cars, an economist at Scotiabank Group said.
(Feb 28, 2009)
Alliance of Automobile Manufacturers to Participate in the National Federation of the Blind Motor City March for ... (The Auto Channel)
The National Federation of the Blind (NFB) announced today that the Alliance of Automobile Manufacturers, a coalition of eleven major automakers, will participate in the NFB's third annual March for Independence.
(Feb 28, 2009)
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