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Auto News 03/2009 (Page 2)
Euro auto output to fall 25 pct in 2009: industry body (AFP via Yahoo! News)
European auto output will fall 25 percent this year as the industry struggles in the global economic crisis, the European Automobile Manufacturers Association (ACEA) said Wednesday.
(Mar 4, 2009)
International Automobile Dealers Announce Monthly Sales (The Auto Channel)
ALEXANDRIA, Va., March 4, 2009: The American International Automobile Dealers Association (AIADA) today released February 2009 sales figures for the international automobile industry.
(Mar 4, 2009)
(AFX UK Focus) 2009-03-04 22:05 US auto dealers ask Obama to help stop job losses (Interactive Investor)
CHICAGO, March 4 (Reuters) - Three U.S. auto dealers' associations have asked President Barack Obama to launch policy initiatives to help save jobs in the auto retailing industry, one of the associations said on Wednesday. The American International Automobile Dealers Association (AIADA), which represents America's 11,000 international nameplate car franchises, said the three associations sent a ...
(Mar 4, 2009)
A new car can be a long-term partner if you just try a little tenderness:
Irv Gordon really likes to drive, and he really loves the Volvo P1800 that he bought new for $4,150 with a trade-in in 1966.
(Mar 5, 2009)
Shreveport councilman, others press for more auto aid (The Shreveport Times)
Shreveport Councilman Ron Webb, who has worked at the local GM plant for 26 years, and others plan to regroup after lobbying a White House auto task force and congressional aides to support more aid for the troubled automobile industry.
(Mar 5, 2009)
Air Charter International arranges VIP charter for automobile giant (AME Info)
Air Charter International, a premier aviations solutions provider, recently arranged a series of private jet charter flights for one of the biggest automobile giants in order to launch their newest Elite car.
(Mar 5, 2009)
S Korea's car industry sees 15.2% shrink in output in Feb. (People's Daily)
South Korea's vehicle industry marked a 15.2 percent drop in output in February year-on-year with the local demand hard struck by the global recession, an industry group said Thursday. The total amount of vehicles produced, including cars, trucks, and buses, declined from the same month last year to 237,356 units last month, which was the ninth consecutive month to mark a drop, according to ...
(Mar 5, 2009)
Mercedes new fire-breathing wagon spied in the snow:
The Mercedes E-class is in full swing, and today were getting spy shots of the new fire-breathing wagon goosed by AMG.
(Mar 5, 2009)
Geneva motor show: AutoWeek editors name Infiniti coupe the Best in Show:
Infiniti celebrated its 20th anniversary with the Essence coupe at the Geneva motor show--a concept so striking that it handily won the nod as the AutoWeek Editors' Choice for Best in Show.
(Mar 5, 2009)
High miles club: AutoWeek readers tell us about their high mileage cars:
When they find a car or truck they truly love, some people never want to let them go. That goups includes several AutoWeek readers.
(Mar 5, 2009)
Subaru releases automatic STI in Japan:
To bring its flagship performance sedan to the masses, Subaru has released the Impreza WRX STI A-Line in Japan.
(Mar 5, 2009)
Geneva motor show: Alpina shows new B7 Bi-Turbo:
The BMW tuners from Alpina dropped their latest 7-series based B7 at the Geneva motor show. Building on the Bimmers latest flagship sedan, Alpina performs engine, suspension and appearance upgrades.
(Mar 5, 2009)
2009s Fastest cars 0 to 60 mph: The AutoWeek list:
Bugatti Veyron 16.4
(Mar 5, 2009)
Volkswagen Group of America President and CEO To Speak on the Future of the Automotive Industry at UCLA Anderson ... (The Auto Channel)
HERNDON, Va., March 5 -- Volkswagen Group of America announced today that President and CEO Stefan Jacoby will speak at UCLA Anderson School of Management. Mr. Jacoby will discuss the challenges facing the automotive industry and potential solutions in today's economic climate.
(Mar 5, 2009)
Anhui Jianghuai Auto Targets China Light-Truck Acquisitions (Bloomberg)
March 6 (Bloomberg) -- Anhui Jianghuai Automobile Group Co. , China’s biggest light-truck exporter, plans to buy domestic rivals as the country moves toward consolidating its sprawling auto industry.
(Mar 6, 2009)
Mining industry hit by financial crisis (Philippine Daily Inquirer)
Mining companies in the country are cutting staff, putting some projects on hold and scrambling for cash as the global financial crisis drags down commodities prices, industry officials say.
(Mar 6, 2009)
Philippine mining industry hit by financial crisis (AFP via Yahoo! Singapore News)
Mining companies in the Philippines are cutting staff, putting some projects on hold and scrambling for cash as the global crisis financial drags down commodities prices, industry officials say.
(Mar 6, 2009)
Philippine mining industry hit by financial crisis (TODAYonline)
A mining tunnel is pictured in a remote gold-rush region near Davao, in the southern Philippines. Mining companies in the Philippines are cutting staff, putting some projects on hold and scrambling for cash as the global crisis financial drags down commodities prices, industry officials say.
(Mar 6, 2009)
Saturn has interested buyers, GM says:
Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday.
(Mar 6, 2009)
MOTOR INDUSTRY (Financial Mail)
Breakdown! There's no doubt the global economy is in free fall. But, no-one knows the depth or likely duration of the crisis stalking the motor industry worldwide. Should government let the industry collapse or should it consider rescue?
(Mar 6, 2009)
1971 Plymouth Barracuda found with fake Elvis title:
Elvis had a burnin love for cars--but a 1971 Plymouth Barracuda headed for a Texas auction isnt his.
(Mar 6, 2009)
AutoRama: Hot-rodding, chrome and speed return:
Chop, drop and roll--that's the unofficial motto at AutoRama, the 57th-annual festival of hot rods and custom cars in Detroit.
(Mar 6, 2009)
Automobile Manufacturing in China (download) (just-auto)
This Industry Market Research report from IBISWorld provides a detailed analysis of the Automobile Manufacturing in China industry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry.
(Mar 6, 2009)
Dr. Feel Good: A column by Roger Hart: Amidst doom and gloom in the auto biz, the Geneva show offers hope
The Dow Jones Industrial Averages dropped about 300 points the night before the opening day of the Geneva motor show, a possible punctuation mark on the state of the world's automotive industry.
(Mar 6, 2009)
Auction Industry Strong in in 2008 (AG Weekly)
Overland Park, Kan., March 4, 2009 - The National Auctioneers Association (NAA), the nation’s leading association of auction professionals, reported today the results of its 2008 industry survey.
(Mar 6, 2009)
Mining industry hit by financial crisis (Philippine Daily Inquirer)
Mining companies in the Philippines are cutting staff, putting some projects on hold and scrambling for cash as the global financial crisis drags down commodities prices, industry officials say.
(Mar 6, 2009)
Task force discusses U.S. auto industry at White House (Seattle Post-Intelligencer)
WASHINGTON -- The White House said Friday it was trying to determine "how to be the best partner" for the struggling auto industry as a task force met Friday to review the status of General Motors Corp. and Chrysler LLC.
(Mar 7, 2009)
Auto Dealers Plead for U.S. Help as Hundreds May Fail in 2009 (Bloomberg via Yahoo! News)
March 7 (Bloomberg) -- The National Automobile Dealers Association appealed to President Barack Obama’s car industry task force for help in cutting financing costs for retailers.
(Mar 7, 2009)
Task force studies how to help auto industry (San Francisco Chronicle)
The White House said Friday that it was trying to determine "how to be the best partner" for the struggling auto industry as a task force met Friday to review the status of General Motors Corp. and Chrysler LLC. Cabinet-level members of the panel, led by...
(Mar 7, 2009)
Auction Industry Strong in in 2008 (AG Weekly)
Overland Park, Kan., March 4, 2009 - The National Auctioneers Association (NAA), the nation’s leading association of auction professionals, reported today the results of its 2008 industry survey.
(Mar 7, 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.
(Mar 8, 2009)
Auction Industry Strong in in 2008 (AG Weekly)
Overland Park, Kan., March 4, 2009 - The National Auctioneers Association (NAA), the nation’s leading association of auction professionals, reported today the results of its 2008 industry survey.
(Mar 8, 2009)
(AFX UK Focus) 2009-03-09 04:25 India's Feb car sales rise 21.8 pct y/y - industry (Interactive Investor)
NEW DELHI, March 9 (Reuters) - Car sales in India snapped a four-month slide and rose 21.8 percent in February from a year earlier, an industry body said on Monday, helped by government stimulus packages to boost consumer spending. Automobile firms sold 115,386 cars during the month, compared with 94,757 in the year-ago period, data from the Society of Indian Automobile Manufacturers showed. ...
(Mar 9, 2009)
India's Feb car sales rise 21.8 pct y/y - industry (The Economic Times)
Car sales in India snapped a four-month slide and rose 21.8 per cent in February from a year earlier, an industry body said on Monday, helped by government stimulus packages to boost consumer spending.
(Mar 9, 2009)
US govt officials to visit Detroit automakers (AFP via Yahoo! News)
The US government's "working group" on the automobile industry was expected in Detroit Monday for talks with representatives of troubled US automakers seeking government help and their unions, an administration official said.
(Mar 9, 2009)
NID to design automobiles (New Kerala)
Ahmedabad, Mar 09 : Ahmedabad-based National Institute of Design (NID) will tie up with the General Motors(India) for advancement of collaborative design education to provide the students with practical experience to prepare them to meet future needs of automobile industry.
(Mar 9, 2009)
1932 Ford 'Deucenberg V8' wins Ridler award at Detroit Autorama:
A head-turning burgundy 1932 Ford B400 took home top honors at Detroit's Autorama on Sunday, winning the coveted Ridler award over seven other finalists.
(Mar 9, 2009)
GM taps Opel for future Buicks:
Even as General Motors explores the sale of Opel, it will tap its European unit as a source for future Buick sedans.
(Mar 9, 2009)
Govt officials to visit Detroit automakers (AFP via Yahoo! News)
The government's "working group" on the automobile industry was expected in Detroit Monday for talks with troubled automakers seeking help and their unions, an administration official said.
(Mar 9, 2009)
Multinational auto giants seize "Chinese opportunity" amid financial crisis (People's Daily)
In 2009, China's auto market has gradually recovered and is experiencing relatively rapid growth, thanks to both the adjustment and stimulus plan for the automobile industry and a series of policies boosting domestic demand. Meanwhile, auto markets from the US, Japan and major developed countries in Europe have remained sluggish amid the global financial crisis this year. In January, new vehicle ...
(Mar 9, 2009)
Roof leaks dampen Autorama:
The Detroit Autorama was marred last weekend by a leaky roof that spilled salty, rusty water onto several custom cars.
(Mar 9, 2009)
BCAA Implements Vormetric Data Security for Enterprise Encryption and Key Management (Business Wire via Yahoo! Finance)
SANTA CLARA, Calif.----Vormetric, Inc., the leader in data security management and enforcement solutions, announced today that British Columbia Automobile Association , a leading provider of emergency roadside assistance, insurance, and travel services, has selected Vormetric Data Security to protect sensitive customer information, and enforce compliance with industry regulations, including the ...
(Mar 9, 2009)
BCAA Implements Vormetric Data Security for Enterprise Encryption and Key Management (Centre Daily Times)
Vormetric, Inc., the leader in data security management and enforcement solutions, announced today that British Columbia Automobile Association (BCAA), a leading provider of emergency roadside assistance, insurance, and travel services, has selected Vormetric Data Security to protect sensitive customer information, and enforce compliance with industry regulations, including the Payment Card ...
(Mar 9, 2009)
Auto sales up in February, but industry remains cautious (New Kerala)
New Delhi, March 9: February brought a breather for the country's struggling auto industry, which witnessed a 15-percent year-on-year jump in passenger vehicle- sales and 45 percent growth in the mid-size segment during the month, according to an industry lobby.
(Mar 9, 2009)
Investors Call on Auto Industry to Improve Disclosure on Emissions (SocialFunds.com)
By Robert Kropp. The risks and opportunities for carbon reduction strategies for the automobile industry are considerable and warrant particular attention from investors.
(Mar 9, 2009)
Auction Industry Strong in in 2008 (AG Weekly)
Overland Park, Kan., March 4, 2009 - The National Auctioneers Association (NAA), the nation’s leading association of auction professionals, reported today the results of its 2008 industry survey.
(Mar 9, 2009)
Spied: Lincoln Mark LT lives for buyers in Mexico:
No, your eyes are not playing tricks. That is a Lincoln grille on the front of a new Ford F-150 pickup.
(Mar 9, 2009)
MyCar phone-to-car linkup debuts in April:
Just how close to do you want to be with your car? With an application fittingly called MyCar, you could get quite cozy.
(Mar 9, 2009)
Old Saleen warranties kaput:
Saleen Inc. has dissolved.
(Mar 9, 2009)
Bankruptcy pressure mounts as officials visit Detroit (AFP via Yahoo! News)
The US government's "working group" on the automobile industry was in Detroit Monday for talks with General Motors, Chrysler and their main union as pressure mounted to let the troubled automakers fail.
(Mar 9, 2009)
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