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Auto News 04/2009 (Page 3)
Grange Insurance in Production with DecisionMaker Rating Analyzer for Commercial Auto (Business Wire via Yahoo! Finance)
HONOLULU----Decision Research Corporation , a rating and policy processing software solution provider to the property & casualty insurance industry, announced today that Grange Insurance has successfully implemented DRC's DecisionMaker™ Rating Analyzer for its commercial automobile program.
(Apr 9, 2009)
Cadwalader, Sonnenschein Hired by U.S. for Auto Industry Advice (Bloomberg)
April 9 (Bloomberg) -- Cadwalader Wickersham & Taft LLP and two other law firms won contracts valued at as much as $8.59 million each to advise the U.S. government on plans to restructure and finance the nation’s auto industry.
(Apr 9, 2009)
Global automobile slump? Not in Baghdad (The Globe and Mail)
Business not bombs is booming at Baghdad car dealerships, as well-heeled Iraqis are indulging in a passion long out of reach - spiffy, new cars.BMWs, Nissans, Hyundais and even military-style Hummers are now weaving around the shabby, smoke-belching wrecks and donkey carts that have clogged the streets over two decades of sanctions and war.
(Apr 10, 2009)
Audi's new A5/S5 convertibles are a bunch of softies:
When Audi's line of A5 and S5 convertibles hits these shores in October, they will feature something most other luxury cabriolets don't have: an old-fashioned soft top.
(Apr 10, 2009)
Hot diesel: Porsche drops an oil burner into the Cayenne :
For years, rumors suggested that Porsche would drop a diesel into the Cayenne. It seemed obvious.
(Apr 10, 2009)
Cant drive 55? We go 200 mph, and you can, too--maybe:
One of the few animals you dont expect to see in the middle of the Everglades is a white elephant, but there it is. A couple of miles north of U.S. Highway 41, between Miami and Naples, Fla., youll find the Everglades Jetport.
(Apr 10, 2009)
NEWS BRAKE: Friday, April 10:
In today's News Brake: Uncle Sam goes on a buying spree for new cars; we take one last lap around the New York auto show and check out the Mitsubishi Outlander GT Prototype, Kia Forte Koup and Mercedes-Benz E230 diesel; and check out the new...
(Apr 10, 2009)
Ex Ford, Mazda designer to head styling at Renault:
Former Ford Motor and Mazda designer Laurens van den Acker will succeed Patrick le Quement as head of design at French automaker Renault.
(Apr 10, 2009)
U.S. Mitsubishi dealers will get electric vehicles:
Mitsubishi Motor Corp. will introduce a small electric car to sell at its U.S. dealerships.
(Apr 10, 2009)
Ford Fiesta sedan for U.S. market gets minor changes:
Ford is busy courting the youth population as potential buyers for the new Fiesta--it has brought 100 Fiesta five-doors over from Europe and loaned them to people for extended test drives.
(Apr 10, 2009)
Most Newsworthy Moments of the Financial Meltdown (Journalism.org)
The economic crisis that exploded last September has become the overwhelmingly dominant story in the U.S. media. On any given week, the narrative can shift from the housing market to the financial sector or from the troubled automobile industry to the stimulus battle in Washington.
(Apr 10, 2009)
BMW crowns 7-series lineup with new V12 model at New York auto show:
BMW has added a new range-topping model to its latest 7-series lineup in the form of the twin-turbocharged 6.0-liter V12-powered 760i.
(Apr 10, 2009)
California Senate insurance panel hires former State Farm lawyer (Los Angeles Times)
Consumer activists criticize close links between government and industry. Sen. Ron Calderon defends his appointment. A state legislative committee overseeing the insurance industry has hired a former lawyer for State Farm as a top advisor, alarming consumer activists who say the move is the latest spin of a busy revolving door between government and the industry.
(Apr 11, 2009)
Downturn may force global mergers But can carmakers strike a good deal? (The Star)
AS the world comes to grips with the toughest recession since World War II, the global car industry may experience a slew of consolidations in an effort to stabilise itself and avoid further slump.
(Apr 11, 2009)
Economy car a hit in India (Calcutta News)
In India, customers are lining up to buy the world's least expensive car, the Nano, which went on sale this week. The impact the Nano is expected to have a positive effect on the auto industry, which is facing a worldwide slump in sales.
(Apr 11, 2009)
NEWS BRAKE: Friday, April 10:
In today's News Brake: Uncle Sam goes on a buying spree for new cars; we take one last lap around the New York auto show and check out the Mitsubishi Outlander GT Prototype, Kia Forte Koup and Mercedes-Benz E230 diesel; and check out the new...
(Apr 11, 2009)
Car exports up 57.04 per cent, 2 wheelers 22.50 per cent in FY09 (New Kerala)
New Delhi, Apr 10 : Despite the global auto industry looking for cover amid recession, car manufacturers of the country managed to keep exports high with the industry witnessing a 57.04 per cent surge in exports of car and 22.50 per cent for two wheelers.
(Apr 11, 2009)
Government expecting $5.627 billion inflow through 13 projects (Business Recorder)
ISLAMABAD (April 12 2009): The government is expecting $5.627 billion inflow through 13 projects, which are in the pipeline. According to Board of Investment, the projects in the pipeline are of trade, construction, steel, infrastructure, automobile, telecom, power and banking sectors.
(Apr 12, 2009)
Bill O'Brien: Sense of urgency for tourism (Traverse City Record-Eagle)
Michigan's automotive industry finds itself on the brink of irrelevance. More look to the state's tourism trade to take up economic slack created by the auto industry's free-fall. A growing number of former manufacturing workers find themselves in start-up businesses or service jobs.
(Apr 12, 2009)
Optimism during a troubled economy (The Journal-Standard)
The trials and tribulations of the American automobile industry have been well-documented during the ongoing economic struggle.
(Apr 12, 2009)
Automobile industry to suffer impact of crisis (Zawya)
12 April 2009 The car industry will see massive worldwide job losses because of the economic crisis and the UAE will not escape the cutbacks, said Michel Ayat, CEO of Arabian Automobiles.
(Apr 12, 2009)
Car dealers entice buyers with incentives (The News-Press)
Auto manufacturers and dealers are promising you the world right now in an effort to restart the industry's engine.
(Apr 12, 2009)
Buying a car? With lots of incentives, now might be time (Lincoln Journal Star)
Auto manufacturers and dealers are promising you the world right now in an effort to restart the industry’s engine. They’ll make your car payments if you lose your job. They’ll give you an interest-free loan.
(Apr 12, 2009)
Leasing of cars still driving market (Zawya)
12 April 2009 Drivers who find it difficult to obtain car loans are increasingly turning to economy leasing, according to industry sources.
(Apr 12, 2009)
Shipbuilding cause and effect: Economic pain permeates various sectors (Green Bay Press-Gazette)
The intertwining stories, told by the people affected, that comprise the larger picture of an economy and industry under duress:
(Apr 12, 2009)
Insurers prepare for SOX-like audit rules in 2010 (BizJournals)
A new model audit rule for non-publicly traded insurance companies — basically their version of Sarbanes Oxley — takes effect in January for companies with $500 million or more in premium volume. But some big players, including Kaiser Foundation Health Plan, the State Compensation Insurance Fund, Delta Dental of California and affiliates, Fireman’s Fund and the California State Automobile ...
(Apr 13, 2009)
Automobile sector on recovery path: PINC Research (The Economic Times)
Automobile sector on recovery path: PINC ResearchAutomobile sector on recovery path: PINC Research
(Apr 13, 2009)
Rural India offers scope for FMCG, retail and auto companies: Assocham (Nasdaq)
(RTTNews) - Demand from rural India is becoming increasingly attractive for manufacturers of fast moving consumer goods (FMCG), automobile and organized retail businesses despite the severe downturn in the global economy and its spillover effects on India's growth story, according to a study paper of the Associated Chambers of Commerce and Industry of India (Assocham).
(Apr 13, 2009)
Operation Iraqi Children: A car guy spreads hope and cheer:
Editor and Associate Publisher Dutch Mandel is traveling on a humanitarian mission in Iraq. Come back to AutoWeek.com this week for updates.
(Apr 13, 2009)
Lima firm a powerhouse in coatings industry (The Toledo Blade)
LIMA, Ohio - It may be among Lima's best-kept secrets, about 400,000 square feet of factory and office space behind the Waffle House along I-75. But in its industry, MetoKote Corp. is a giant. It began as a powder-coating business in 1969 in Jim Blakenmeyer's garage in Mount Cory, Ohio, and grew to be the world's leader in protective coating applications with 32 plants in North America and ...
(Apr 13, 2009)
Chrysler-Fiat deal would spawn new look for U.S. automaker:
As Chrysler LLC negotiates an alliance with Fiat S.p.A. that would satisfy the Obama administration, sources say the companies are discussing a revised ownership structure, a new board and possibly a different management team for Chrysler.
(Apr 13, 2009)
Thai turmoil to slam already reeling economy, AS (Thailandnews.net)
BANGKOK (AP) BANGKOK (AP) ? The violent showdown between protesters and security forces in Thailand's capital will slam the country's tourism industry, dealing another blow to an economy alr...
(Apr 13, 2009)
Mercedes' GLK problem: Too many high-end models in the U.S.:
Mercedes-Benz has adjusted option packages on its new GLK-class premium SUV to help cope with an oversupply of high-priced versions.
(Apr 13, 2009)
Thai turmoil to slam already reeling economy (AP via Yahoo! Finance)
The violent showdown between protesters and security forces in Thailand's capital will slam the country's tourism industry, dealing another blow to an economy already bruised by the global slowdown, business leaders and officials said Monday.
(Apr 13, 2009)
NEWS BRAKE: Monday, April 13, 2009:
In today's News Brake: We spy on the new Mini Crossman; an update on Chrysler and Fiat; and a hot lap through NASCAR...But Wait, There's More!
(Apr 13, 2009)
Thinning dealer ranks is key to reducing GM and Chrysler's costs (Chicago Tribune)
But contracts make it nearly impossible for the automakers to simply put these independent business owners out of commission, the way they can lay off employees. Car dealers -- sponsors of Little League, fixtures of Main Street, vibrant symbols of the American entrepreneurial dream -- could now prove to be the biggest threat to the future of the very industry they built.
(Apr 13, 2009)
Mini Crossman spied at the Nürburgring:
Today were getting crystal-clear shots of the 2011 Mini Crossman, which was spied again during testing.
(Apr 13, 2009)
Cutting dealerships key to reducing GM and Chrysler's costs (The Capital Times)
Car dealers -- sponsors of Little League, fixtures of Main Street, vibrant symbols of the American entrepreneurial dream -- could now prove to be the biggest threat to the future of the very industry they built.
(Apr 13, 2009)
UK May Introduce Car Scrap Scheme - Report (INO News)
(RTTNews) - The UK government would possibly launch a scheme for car owners to replace their existing ones with new ones in order to create demand in the automobile industry, the BBC reported Monday.
(Apr 13, 2009)
Part 2: The who behind Operation Iraqi Children:
There would not be this trip of a lifetime were it not for the deep hearts and never-ending efforts of some extraordinary people.
(Apr 13, 2009)
Eastday-Show car park (Eastday.com)
Yuanshen Stadium is to become a temporary parking lot during the 13th Shanghai International Automobile Industry Exhibition at the Shanghai New International Expo Center in Pudong New Area on April 22-28.
(Apr 14, 2009)
Chinese import surge on auto parts: Probe (Business Standard India)
The government has begun a probe on imposing safeguard duty, an emergency customs duty to protect the domestic industry, on certain automobile components. The action is based on a complaint by Pune-based Bharat Forge Ltd.
(Apr 14, 2009)
Industry output to expand 6.1% in 08-09: CMIE (Business Standard India)
India’s industrial sector, which was affected the most due to the global economic crisis, is likely to grow at a faster rate in the current fiscal because of strong domestic demand, the Centre for Monitoring Indian Economy (CMIE) said.
(Apr 14, 2009)
A premium problem: One in six state drivers goes uninsured (Yakima Herald-Republic)
Insurance industry estimates claim about one in six drivers nationwide — or, in this scene looking east along Nob Hill Boulevard, five of the 30 cars in the foreground — won’t have automobile coverage by next year. Anecdotal evidence suggests the rate already is higher in Yakima County.
(Apr 14, 2009)
Industry might be our next Toyota (Lexington Herald-Leader)
This could be huge. In fact, an industry consortium's selection of Kentucky to become the research,
(Apr 14, 2009)
Part 3: Bahrain, a welcome port in a storm:
The country of Bahrain has chosen a hard path.
(Apr 14, 2009)
Minicars perform poorly in crash tests, study says:
Minicars made by Toyota, Honda and Daimler AG did poorly on frontal crash tests with mid-sized automobiles, prompting an influential safety organization to suggest consumers consider buying larger cars that have comparable fuel economy.
(Apr 14, 2009)
The AutoWeek List: 10 car features we could live without:
1. Mini Cooper Convertible Openometer
(Apr 14, 2009)
NEWS BRAKE: Tuesday, April 14, 2009:
In today's News Brake: The safety of small cars isn't great; the Ford Explorer is spied for 2011; and more electric cars, too...But Wait, There's More!
(Apr 14, 2009)
Aston Martin Rapide revealed in production form :
Its perhaps anticlimactic when a production car stays true to an eye-catching concept--except when its an Aston Martin. And the Rapide revealed today is a dead ringer for the stunning show car from 2006.
(Apr 14, 2009)
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