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Auto News 05/2009 (Page 3)

China's domestic automobile production, sales volumes exceed 3.7 million in first four months (People's Daily)
The production and sales volume of automobiles made in China hit record highs in both March and April. The auto market in China has gradually recovered due to a series of stimulus policies and measures for the auto industry. According to the latest statistics released by the China Association of Automobile Manufacturers on May 8, from January to April this year, China produced 3.7248 million ...

New Mercedes-Benz E-class picks up panache and gadgetry galore:
Until now, the only way to experience the kind of technology featured in the Mercedes-Benz S-class was to buy a Mercedes-Benz S-class. Not anymore.

Brian Wilson on the Beach Boys' car songs:
Brian Wilson, the musical giant behind so much of the Beach Boys great music, sang at the Petersen gala in Los Angeles last week, and there were plenty of songs about cars and drag racing in the mix.

India car sale up but sector still shaky: official (AFP via Yahoo! News)
Indian car sales grew for a third straight month in April, according to data Monday, but an industry body said it was too soon to say the sector was on the road to recovery.

Bankruptcy continues to be ‘more probable,’ GM CEO says:
Bankruptcy continues to be “more probable” for General Motors as it races to cut brands, dealers and factories to meet a government-imposed June 1 deadline to restructure its business.

Domestic automobile sales up 10.76 percent (Calcutta News)
Automobile sales in the country grew nearly 11 percent in April over the corresponding month the previous year largely due to a handsome growth registered by two-wheeler sales, a leading industry body said Monday.

Overall recovery of automobile market (People's Daily)
After International Labor Day, Wang Dunming, vice minister of DYK sales department felt very relaxed. The total sells of DYK in April were more than 17,500, increasing 78% compared to the same period last year. Even more exciting, by the end of April, DYK received nearly 8000 orders from dealers. But due to capacity limitations of car production, DYK only had 2000 automobiles on hand. "I have ...

NEWS BRAKE: Monday, May 11:
In today's News Brake: Helio Castroneves has a great weekend at Indy; Fritz Henderson warns that a GM bankruptcy is more likely; and the Honda Insight is off to a fast start in Japan . . . But Wait, There's More!

GM’s Henderson offers a ray of hope for Sky, Solstice:
There appears to be a slight glimmer of hope for fans of the Saturn Sky and the Pontiac Solstice.

The Auto-Industry Fares Worse! (Dar Al-Hayat)
The global economy is now preparing to redraft a new reality for the automotive industry, a reality where many features have changed, where funding has a different identity, and of which the unemployment of its own engineers is a part.

Maserati GranTurismo convertible spied:
The Maserati GranTurismo could soon be going topless--as spy shooters have caught a convertible version of the hot Italian sports car in testing on the Nürburgring.

India car sales grow but road still slippery (Business Times (Malaysia))
NEW DELHI: Indian car sales grew for a third straight month in April but an industry body said it was too soon to say the sector was on the road to recovery. Sales rose 4.2 per cent to 102,899 units for April as car buying continued to pick up after the industry went into a tailspin last October, hit by a slowing economy. But Sugato Sen, senior director of the Society of Indian Automobile ...

Domestic automobile sales up 10.76 % (Navhind Times)
NEW DELHI — Automobile sales in the country grew nearly 11 per cent in April over the corresponding month the previous year largely due to a handsome growth registered by two-wheeler sales, a leading industry body said on Monday.

Saginaw rally will emphasize the importance of the auto industry (The Saginaw News)
If the government lets the automobile industry crash, 7.2 million support jobs will go with it. That's one of the messages of the Keep it Made in America tour, which makes a stop in Saginaw at 3:30 p.m. Tuesday at the parking lot of the Commerce Tower, 515 N. Washington.

Legendary Saab exec Bob Sinclair dies:
Bob Sinclair, the American marketing executive who pushed Saab to design more-luxurious cars and created one of the Swedish automaker’s most iconic vehicles--the 900 Convertible--died on May 10 at his home in Santa Barbara, Calif.

Automobile sales drop by 20% in Abu Dhabi (MENAFN)
Automobile sales drop by 20% in Abu Dhabi

Automobile Sales Drop by 20 Per Cent in Abu Dhabi (Zawya)
12 May 2009 ABU DHABI - The automobile sales in Abu Dhabi have dropped by 20 per cent during the first four months of 2009 compared with same period last year, as banks have tightened the terms and conditions for car financing, say officials of Al Masaood Automobiles, distributors for Nissan cars in Abu Dhabi.

Straight from the top: AutoWeek interviews GM CEO Fritz Henderson:
AutoWeek editor and associate publisher Dutch Mandel and executive editor Wes Raynal interview GM CEO Fritz Henderson. Topics include Corvette, the future of the company's brands and much more. Watch it all here.

Insight Becomes First Hybrid Vehicle to Rank as Best-Selling Vehicle in Japan (The Auto Channel)
TOKYO - May 12, 2009: Honda Motor Co., Ltd. announced that Insight ranked as the industry's best-selling car among new vehicle registrations* in Japan for the month of April 2009, with sales of 10,481 units (source: Japan Automobile Dealers Association).

NEWS BRAKE: Tuesday, May 12:
In today's News Brake: We sneak a look at the upcoming Maserati GranTurismo convertible; we remember brilliant former Saab executive Bob Sinclair; and some General Motors executives jump through the "window" to sell their stock ...

What will the electric car look like? Top designers weigh in:
There are a thousand questions surrounding the electric car: Who will make it? Will it really work? And--to the chagrin of General Motors brass--who killed it?

JapanToday: Japan News and Discussion ジャパントゥデイ:日本のニュースを英語で読む (Japan Today)
The recently announced losses for Toyota serve to underline the perilous state of the global car industry and the wider economy. The world’s largest automobile company has just reported its first ever drive into the red in nearly three quarters of a century.

Local car dealers optimistic about industry’s future (Bolivar Herald-Free Press)
While the U.S. President is firing auto executives, announcing the bankruptcy of one automaker and threatening bankruptcy for another, local auto dealers are conducting business the best they can while waiting for the next news out of Washington and Detroit.

New generation of car kulture shows up at art and hot-rod show:
It's not about cars so much as it's about art. Or it's about cars imitating art. Or vice versa. The car as canvas.

Redesigned Opel Astra revealed ahead of Frankfurt rollout:
Opel, General Motors' financially embattled European subsidiary, has ripped the covers from its sixth-generation Astra ahead of the car's planned debut at the Frankfurt motor show in September.

Ready to rumble: 1969 Oldsmobile Hurst/Olds H/O 455:
Transmission and shifter guru George Hurst had major mojo in the late 1960s and early '70s.

NEWS BRAKE: Wednesday, May 13:
In today's News Brake: Opel rolls out the redesigned Astra, which might hold something for us in the United States; Ford cashes in with a stock sale; and we get a look at what might be a redesigned Ford Ranger truck ... But Wait, There's More!

Mille Miglia: An Italian tradition revived:
One thousand miles of history kicks off Thursday in Italy with another revival of the storied Mille Miglia, an event that attracts hundreds of historic racers and car lovers from around the world.

New GM and U-M institute focused on fuel efficiency, reinvention of the automobile (TurkishPress.com)
ANN ARBOR - General Motors and the University of Michigan today announced the formation of the GM/U-M Institute of Automotive Research and Education, with a strategic focus on reinventing the automobile and developing the next generation of high-efficiency vehicles powered by diverse energy sources.

Final Ferrari F430 to be auctioned Sunday for earthquake victims:
In an auction featuring some of the rarest, fastest and most head-turning Ferraris ever, a brand-new F430 may be the show-stealer.

Research and Markets: Booming Russian Automobile Sector (The Auto Channel)
DUBLIN-- Research and Markets has announced the addition of the "Booming Russian Automobile Sector" report to their offering.

Auto industry could get billions from carbon pact (Detroit News)
Washington -- House Democrats said Wednesday they had reached an agreement that could provide the struggling auto industry with billions of dollars in funding for advanced vehicles as part of a proposed plan to limit carbon emissions.

Auction prices show signs of life:
In a subtle indicator that some parts of the vehicle market are slowly beginning to recover, auction prices rose in April for trucks and minivans over 2008, though cars remain behind last year’s pace.

The First Issue of 'China Automotive Industry Climate Index' Jointly Released by the National Bureau of Statistics of ... (PR Newswire via Yahoo! Finance)
On April 19, 2009, Mr. Yao Jingyuan, Chief Economist of the National Bureau of Statistics of China delivered the "China Automotive Industry Climate Index" at the Summit Forum 2009 of the 13th Shanghai International Automobile Industry Exhibition.

In the Auto Industry, It's Adios To The Car Dealer (Time Magazine)
Shutting car dealers may cost the economy more thanit saves the auto companies

Rep. Waxman's bill would give auto industry free emissions allowances through 2025 (New York Times)
House Democrats agreed yesterday to give the battered automotive industry a small percentage of valuable greenhouse gas emiss...

Weekly jobless claims up more than expected (MSNBC)
New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry.

Auto industry layoffs boost new jobless claim figures (Baltimore Sun)
Increase due partly to more automobile industry layoffs New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week

New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry. ... (WOWT-TV Omaha)
The Labor Department said Thursday the number of new claims rose to a seasonally adjusted 637,000, from a revised 605,000 in the previous week. That's above analysts' expectations of 610,000.

New jobless rise more than expected to 637,000 (AP via Yahoo! News)
New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week

NEWS BRAKE: Thursday, May 14:
In today's News Brake: A big showdown is brewing in Formula One; victims of Italy's earthquake get some love from Ferrari; and Audi's race drivers sing a new song ... But Wait, There's More!

Bentley Continentals are 85 percent recyclable--but who scraps a Bentley?:
Scrapping a Bentley is blasphemy for most enthusiasts, but if circumstances do require such action, they’re quite recyclable.

The First Issue of 'China Automotive Industry Climate Index' Jointly Released by the National Bureau of Statistics of ... (The Auto Channel)
BEIJING, May 14, 2009 On April 19, 2009, Mr. Yao Jingyuan, Chief Economist of the National Bureau of Statistics of China delivered the "China Automotive Industry Climate Index" at the Summit Forum 2009 of the 13th Shanghai International Automobile Industry Exhibition.

Auto industry's job cuts push up jobless claims more than expected (The Kalamazoo Gazette)
New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week.

Industry Leaders: WV Closures A "Grave Error" (WOWK-TV West Virginia)
President of West Virginia's Automobile and Truck Dealers Association, Ruth Lemmon, says area Chrysler dealerships should not have been on the list to be eliminated.

U.S. Jobless Claims Rise on Auto Layoffs (New York Times)
New jobless claims rose more than expected last week partly because of an increase in layoffs by the automobile industry.

Topless tourer: The roof comes off the Lexus IS:
This is a great time to be in the market for a luxury convertible.

Working at the Car Wash:
It’s inevitable. With a yard full of oak trees waking from a long hibernation, randy and eager to do their springtime thing, every inch of the yard gets coated with a thick layer of yellow pollen.

Jobless claims jump to 637K; producer prices rise (Delaware County Times)
WASHINGTON (AP) — New jobless claims rose more than expected last week due partly to an increase in layoffs by the U.S. automobile industry, while the number of Americans continuing to receive unemployment benefits set a record for the 15th straight week.

Bentley Continental Supersports spied at the Nürburgring:
Bentley’s new green car has been spied blitzing the Green Hell.


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