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Auto News 06/2009 (Page 2)
Infiniti G37 convertible carries $44,715 sticker price:
The 2009 Infiniti G37 convertible will carry a $44,715 sticker price, including shipping charges, when it rolls into showrooms later this month, the luxury automaker said Thursday.
(Jun 4, 2009)
Two Different Dealers, Two Different Futures (Fox News)
What follows is essentially a candid and emotional response from two long-time U.S. car dealers to the traumatic events of the past few weeks, an historic time span during which the landscape of the U.S. automobile industry changed forever.
(Jun 4, 2009)
Auto industry's ills continue to ripple locally (Daily Press)
General Motors' recent bankruptcy filing, coming just weeks after Chrysler filed for bankruptcy, adds to the uncertainty looming over the auto industry-related businesses throughout upper Hampton Roads.
(Jun 5, 2009)
VW BlueSport roadster is ready to leap from concept to showroom:
The old red Volkswagen Golf GTI screams to a halt. Before we know what's happening, its young driver leaps out and is firing questions in a broad southern German accent.
(Jun 5, 2009)
Mitsubishi i MiEV electric vehicle priced at $45,660:
Mitsubishi Motors Corp. has priced its new electric vehicle at 4.38 million yen, or $45,660 at current exchange rates, and wants EVs to account for 20 percent of its global output by 2020.
(Jun 5, 2009)
Acura TSX gets power boost with V6 transplant:
The formula for making a muscle car was established 46 years ago, when John Z. DeLorean dropped a 389 where a 326 had been and created the first GTO. That simple Frankenstinian act has been followed ever since by a parade of great brutes.
(Jun 5, 2009)
Automotive Battery Industry Growing, Germany a Key Driver (PR Newswire via Yahoo! Finance)
The automotive battery industry is growing at a rapid rate despite the economic crisis. The increased focus on hybrid and electric vehicles has led to battery innovation and market growth.
(Jun 5, 2009)
Automotive Battery Industry Growing, Germany a Key Driver (FinanzNachrichten)
Berlin (ots) - The automotive battery industry is growing at a rapid rate despite the economic crisis. The increased focus on hybrid and electric vehicles ...
(Jun 5, 2009)
Role of logistics industry in economic structuring (People's Daily)
The Third Beijing Forum on the Modernization of Economic Circulation in China has been held recently. The forum, or a high-level summit on the strategy of logistic revitalization was sponsored jointly by Beijing Wuzi University and the China Federation of Logistics and Purchasing, the country’s only legal large-scale comprehensive social organization. The logistics industry restructuring is of ...
(Jun 5, 2009)
Nigeria: N4 Billion Auto-Mobile Fund Missing - Representatives (AllAfrica.com)
The House of Representatives' committee on Industry has declared that an allocation of N4bn meant for the development of the automobile industry was missing.
(Jun 5, 2009)
Penske Automotive wins bid for Saturn, report says:
Entrepreneur Roger Penske's Penske Automotive Group, the second-largest U.S. car retailer, is the winning bidder for General Motors' Saturn, Bloomberg News reported.
(Jun 5, 2009)
Automotive Battery Industry Growing, Germany a Key Driver (The Auto Channel)
BERLIN - June 5, 2009: The automotive battery industry is growing at a rapid rate despite the economic crisis. The increased focus on hybrid and electric vehicles has led to battery innovation and market growth.
(Jun 5, 2009)
Many automobile makes have become extinct (The Huntington Herald-Dispatch)
In American automobile history there have been over 2,500 separate makes of automobiles produced. Less than a dozen of these survive today and remain in production.
(Jun 5, 2009)
Saturn is sold and the lowdown on the Infiniti G37 convertible: News Brake for Friday, June 5:
In today's News Brake: Saturn is sold to Roger Penske; Chrysler is poised to leave bankruptcy; and pricing details on the Infiniti G37 convertible...But Wait, There's More!
(Jun 5, 2009)
The AutoWeek List: Top 10 favorite engines available now:
1. Audi 4.2-liter V8
(Jun 5, 2009)
Tata plans to bring Nano to U.S.:
The Tata Nano, the worlds least-expensive car, is likely coming to the United States.
(Jun 5, 2009)
'See the USA' in your government car (Athens Banner-Herald)
"See the USA in your Chevrolet America is asking you to call. Drive your Chevrolet through the USA, America's the greatest land of all." Fifty years ago, those words set to music each week on NBC's "The Dinah Shore Show" reflected an America and an automobile industry that is no more.
(Jun 6, 2009)
Audi preview (Motorsport.com)
Ingolstadt/Le Mans -- Logical lightweight construction, downsizing, efficiency and the best possible aerodynamics -- the same subjects which currently occupy the brains of the automobile industry development departments are also key elements in the 24 Hours of Le Mans held for the 77th time on the weekend of June 13/14.
(Jun 6, 2009)
'Old' Chrysler upholds Lemon Law (Niles Daily Star)
With the latest news out of the auto industry surrounding GM's recent entrance into Chapter 11 bankruptcy, the possible move to sell its Hummer brand to a manufacturing company out of China and another possibility of a Saturn sale to Penske - though industry funds and jobs may be dwindling - one thing in abundance when it comes to the future of the automobile is uncertainty.
(Jun 6, 2009)
LEMANS: Audi preview (Motorsport.com)
Le Mans debut for new Audi R15 TDI Ingolstadt/Le Mans -- Logical lightweight construction, downsizing, efficiency and the best possible aerodynamics -- the same subjects which currently occupy the brains of the automobile industry development departments are also key elements in the 24 Hours of Le Mans held for the 77th time on the weekend of June 13/14. In the world's most famous endurance race ...
(Jun 6, 2009)
CAL THOMAS: See the U.S.A. in your government car (The Indiana Gazette)
America is asking you to call. America's the greatest land of all." Fifty years ago, those words set to music each week on the old NBC "The Dinah Shore Show" reflected an America and an automobile industry that is no more.
(Jun 6, 2009)
FOXBusiness: Auto Industry's Future Lineup (Fox News)
The bruised auto industry faces an uphill battle and is betting this year’s automobile line up will put an end to their hemorrhaging balance sheets. Here is a look at the cars the Big Three plans to introduce to the market.
(Jun 6, 2009)
Auto Industry Anger (WIFR Rockford)
U.S. Congressman Don Manzullo says auto industry is taking bankruptcy too far.
(Jun 7, 2009)
Car industry laid to rest (Hutchinson News)
"See the USA in your Chevrolet America is asking you to call. Drive your Chevrolet through the ...
(Jun 7, 2009)
Guest Column: Nationalization by other means (12:00 6-7-09) (The Danville Advocate-Messenger)
Last fall, before taxpayers bailed out Chrysler and GM, we were told bankruptcy was out of the question. The government argued the automobile industry is too important to fail. The politicians claimed a tsunami of job losses would follow from bankruptcy, the capital markets would panic, and it would insure we had a major depression. Now, after the commitment of some $100 billion to Chrysler and ...
(Jun 7, 2009)
Eye on the Pie column: No single cause found for American auto industry death (The Times of Northwest Indiana)
The congressional committee opened its hearings with this question: Who killed the American auto industry? A long line of people waited to answer.
(Jun 7, 2009)
CAL THOMAS: See the U.S.A. in your government car (The Indiana Gazette)
America is asking you to call. America's the greatest land of all." Fifty years ago, those words set to music each week on the old NBC "The Dinah Shore Show" reflected an America and an automobile industry that is no more.
(Jun 7, 2009)
ARTOC of Egypt Considers Investing in U.S. Automobile Industry (Bloomberg)
June 7 (Bloomberg) -- ARTOC Group for Investment and Development, an Egyptian company with interests in real estate and industry, is examining opportunities to invest in U.S. auto companies, Chairman Shafik Gabr said.
(Jun 7, 2009)
GM filing hits toolmakers (National Post)
Makers of tools and moulds for automobile parts in Canada and the United States are delaying shipments to Toyota Motor Corp. and other automakers because they fear they won’t be paid by large suppliers to bankrupt General Motors Corp., according to sources familiar with the situation.
(Jun 7, 2009)
Industry urges govt to urgently address liquidity problems of businesses (The Nation - Thailand's English news)
Automobile manufacturers, hotel operators and property companies are urging the government to take a serious look at financial institutions' loan extensions, saying liquidity shortages have become the most urgent problem for Thai businesses.
(Jun 7, 2009)
Auto Dealers Parlay Gifts, Grassroots to Win Allies in Congress (Bloomberg via Yahoo! News)
June 8 (Bloomberg) -- Automobile dealers have been among the biggest contributors to U.S. political campaigns over the past decade, surpassing all but two groups in donations. That investment may be paying off as the dealers get a lot of attention on Capitol Hill.
(Jun 8, 2009)
India's May car sales rise 2.5 pct y/y -industry (Reuters via Yahoo! Asia News)
NEW DELHI, June 8 (Reuters) - Car sales in India rose an annual 2.5 percent in May, an industry body said on Monday, helped by improving financing after a run of aggressive interest rate cuts and stimulus packages.
(Jun 8, 2009)
Eye on the Pie column: No single cause found for American auto industry death (The Times of Northwest Indiana)
The congressional committee opened its hearings with this question: Who killed the American auto industry? A long line of people waited to answer.
(Jun 8, 2009)
Auto industry turmoil roils ad spending (BizJournals)
The closure of five Baltimore-area Chrysler dealers could be another blow to local media, which has already seen fewer ad dollars from the automobile industry during the recession. (DISH)
(Jun 8, 2009)
Joint effort to save jobs (Bangkok Post - Thailand's English news)
Deputy Prime Minister Korbsak Sabhavasu on Monday morning signed a cooperation agreement between the Industry Ministry and 80 companies under the Federation of Thai Industries for a programme to delay lay-offs in the automobile and electrical sectors.
(Jun 8, 2009)
2010 Lotus Evora: More room, plenty of fun:
Knees splayed, head cocked and elbows tucked in tight, we wouldnt call the seats particularly spacious, but the fact that we fit at all was impressive. They would certainly work in a pinch. Were talking Lotus seats, after all--the rear ones.
(Jun 8, 2009)
Indian vehicle sales fall 3.6 percent in May (AP via Yahoo! Finance)
India's automobile sales fell 3.6 percent in May from the year before to 171,623 vehicles while exports continued to grow, according to industry figures released Monday.
(Jun 8, 2009)
Mercedes hybridizes its S-class :
Mercedes-Benz has been busy. Having just introduced a new E-class, it now presents the 2010 S-class. The lineup includes the S400 hybrid, and the first production Mercedes hybrid is aimed squarely at Lexuss LS 600h.
(Jun 8, 2009)
'Old' Chrysler upholds Lemon Law (Niles Daily Star)
With the latest news out of the auto industry surrounding GM's recent entrance into Chapter 11 bankruptcy, the possible move to sell its Hummer brand to a manufacturing company out of China and another possibility of a Saturn sale to Penske - though industry funds and jobs may be dwindling - one thing in abundance when it comes to the future of the automobile is uncertainty.
(Jun 8, 2009)
Lamborghini goes green, Audi puts its cars on a diet: News Brake for Monday, June 8:
In today's News Brake: Lamborghini makes plans to make its cars and factory greener; Tata wants to put a Nano in your driveway; and Audi is putting its future cars on a diet ... But Wait, There's More!
(Jun 8, 2009)
A bit of hope for the Pontiac G8?:
There could be a slight glimmer of hope for the Pontiac G8 to live on in some rebadged form.
(Jun 8, 2009)
Acura ZDX spied: Big star from Big Apple show caught testing:
The Acura ZDX continues its drive to showrooms this fall, and the new luxury four-door was spied during testing on the road.
(Jun 8, 2009)
GM to halt medium-duty truck production:
Production of the Chevrolet Kodiak and the GMC Topkick medium-duty trucks will cease by July 31, General Motors said Monday.
(Jun 8, 2009)
Animation industry to create up to 3.5 lakh jobs by 2011 (Express India)
The number of professionals to be employed in the Indian animation industry in FY09-10 is expected to increase at a compound annual growth rate of 20% from the existing 18 %.
(Jun 8, 2009)
Industry seeks excise duty cut on non-ferrous trade to 6% (Express India)
The non-ferrous trade and industry has requested the union government to bring down the excise duty on non-ferrous trade from 8% to 6% as this will definitely give a boost to the sinking non-ferrous metals trade & industry.
(Jun 8, 2009)
MCOT Public Company Limited.2008 (MCOT - English News By Thai News Agency)
BEIJING, June 9 (Xinhua) -- China's automobile sales will "definitely break the 10-million-unit barrier" in 2009, the China Passenger Car Association said, raising its forecast for the automobile industry this week on the back of a robust growth in vehicle sales in May, the fifth consecutive month it has climbed this year.
(Jun 9, 2009)
China Jan-May Auto Sales Up 14.3% To 4.96 Million Units -Xinhua (Nasdaq)
BEIJING -(Dow Jones)- China's January-May auto sales rose 14.3% from a year earlier to 4.96 million units due to government policies to support the industry, the official Xinhua News Agency reported Tuesday, citing data from the China Association of Automobile Manufacturers.
(Jun 9, 2009)
Fiat's Marchionne says he won't walk away from Chrysler deal:
Fiat S.p.A. will not walk away from its plan to buy bankrupt Chrysler LLC, CEO Sergio Marchionne told Bloomberg after a U.S. court delay threw the deal into doubt.
(Jun 9, 2009)
Design in focus at 22nd-annual Detroit car show:
Forget the economy. The focus of the 22nd-annual EyesOn Design show over Fathers Day weekend will be what first attracts many to car lust: alluring design.
(Jun 9, 2009)
Hudson Centennial: Big Three squeezed out early pioneer:
Founded in 1909, Hudson Motors has been out of business longer than it operated. But that isnt stopping enthusiasts of the marque (and its Essex and Terraplane affiliates) from celebrating its centennial.
(Jun 9, 2009)
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