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Auto News 06/2009 (Page 3)
Sweden Industry Min: Saab's Fate Still Undecided - Interview (Nasdaq)
STOCKHOLM -(Dow Jones)- Sweden's industry minister Tuesday told Dow Jones Newswires it was "very difficult to say" whether Saab Automobile AB will succeed in finding a new owner that will allow it to survive after General Motors Corp. (GM) cuts its ties.
(Jun 9, 2009)
Ferrari's future includes hybrids and the Pontiac G8 may live, in News Brake for Tuesday, June 9:
In today's News Brake: Ferrari's powertrain future includes more than V8s and V12s; the V8-powered Ariel Atom will require you to write a large check; and there may be a future within GM for the Pontiac G8 ...
(Jun 9, 2009)
Penske-Saturn deal could change how cars are sold (USA Today)
Roger Penske's pending purchase of the Saturn brand from General Motors could be the beginning of the biggest change in how cars are sold since the dawn of the auto industry early last century.
(Jun 9, 2009)
Developing the Links Between Industry and Higher Education Institutions in Automotive Engineering (The Auto Channel)
BRATISLAVA, SLOVAKIA – June 6, 2009: International automotive engineering society, FISITA, will host its first Educators Seminar, Developing the links between Industry and Higher Education Institutions in Automotive Engineering, on Monday 29 June 2009, at the 12th European Automotive Engineering Congress (EAEC) in Bratislava, Slovakia.
(Jun 9, 2009)
Fuel prices on the rise as summer nears:
Summer driving season is upon us, and as the mercury rises, so do fuel prices.
(Jun 9, 2009)
Volvo sets prices for 2010 models:
Volvo Cars of North America has set prices on its 2010 models.
(Jun 9, 2009)
China car sales soar (Business Times (Malaysia))
BEIJING: Auto sales in China soared 34 per cent year-on-year in May, with passenger car purchases growing strongly due to government stimulus measures, an industry association said yesterday. More than 1.1 million cars were bought last month, bringing sales in the first five months to 5 million, up 14.3 per cent from last year, the China Association of Automobile Manufacturers said in a ...
(Jun 9, 2009)
Weeding out the issue (The State News)
With the automobile industry in shambles, Danny Trevino said Michigan needs a new identity. To him, that identity is medical marijuana. “There are two other states that are going to capitalize (on it) in the country,” he said. “It’s either going to be Michigan or California. Michigan deserves it.
(Jun 10, 2009)
IT industry still attracts students (rediff.com)
The latest Nielsen Campus Track T-Schools study revealed that 43 per cent of India's engineering graduates of the class of 2010 find IT the most desirable sector for a career, followed by automobile/automobile ancillary, telecom, energy-oil & gas, infrastructure/ real estate and power sectors. The meltdown has decreased overall students' preference for management consultancies, financial sector ...
(Jun 10, 2009)
Bentley teases Arnage successor:
Bentley is giving a glimpse of its future this morning with a teaser shot of the Arnage successor due out in 2011.
(Jun 10, 2009)
2010 Chevrolet Equinox to emphasize fuel economy:
Unlike the previous generation which only came with a V-6 engine, the redesigned Equinox comes with a base 2.4-liter direct injected four-cylinder engine. Customers can get a V-6 option.
(Jun 10, 2009)
Chrysler blew prebankruptcy chance to sell Viper, buyer says:
Michigan businessman Scott Devon was surprised to learn that no one was interested in buying Chryslers Dodge Viper business.
(Jun 10, 2009)
Crashing the party: An tire incident in the Ford Fiesta:
If you want to read about how the car drives, that review is coming in our next issue. For now, Ill tell you how it crashes.
(Jun 10, 2009)
Research and Markets: The Essential 2009 U.S. Motorcycle & Bicycle & Parts Manufacturing Industry Report is Now ... (Business Wire via Yahoo! Finance)
DUBLIN----Research and Markets has announced the addition of the "2009 U.S. Motorcycle & Bicycle & Parts Manufacturing Industry Report" report to their offering.
(Jun 10, 2009)
Regional automakers stress flexibility in turbulent times (Montgomery Advertiser)
BIRMINGHAM -- Automobile makers must make sure their suppliers are solvent and nearby if they want to survive the current economic downturn, according to industry insiders and consultants.
(Jun 10, 2009)
Cash-for-clunkers bill clears House:
The cash-for-clunkers legislation cleared another hurdle Tuesday, winning passage in the U.S. House of Representatives.
(Jun 10, 2009)
Weeding out the issue (The State News)
With the automobile industry in shambles, Danny Trevino said Michigan needs a new identity. To him, that identity is medical marijuana. “There are two other states that are going to capitalize (on it) in the country,” he said. “It’s either going to be Michigan or California. Michigan deserves it. We have nothing, and medical marijuana is a nice way out.”
(Jun 10, 2009)
New Chrysler emerges as alliance with Fiat sealed:
A new Chrysler, culled from the best assets of the old company and led by Fiat, became a reality Wednesday.
(Jun 10, 2009)
There were bidders for the Dodge Viper business, and 'cash for clunkers' advances, in News Brake for Wednesday, June 10:
In today's News Brake: Two Michigan businessmen say they put in bids for the Dodge Viper business but were denied; more details spill out in the battle between NASCAR and suspended driver Jeremy Mayfield; and the "cash-for-clunkers" bill moves...
(Jun 10, 2009)
Tata Motors statement on the visit of the Thai Minister of Industry to India (Thaipr.net)
The recent visit to Tata Motors’ operation in India by Thailand’s Minister of Industry Mr. Charnchai Chairungrueng has paved the way for new opportunities for cooperation between the two countries. T
(Jun 11, 2009)
Va., Md. losing 100 car dealerships (The Washington Times)
A "staggering" 100 Chrysler and General Motors franchises have been or will be terminated in Virginia and Maryland, potentially costing the states thousands of jobs, according industry group executives. Sixty dealers in Virginia have either lost their Chrysler franchises as of Tuesday or have received "wind down" letters from GM, said Don Hall, president of the Virginia Automobile Dealers ...
(Jun 11, 2009)
Chevrolet Corvette No. 1.5 million rolls off the line:
The Chevrolet Corvette, one of top icons of America autos, has hit another milestone--1.5 million units built.
(Jun 11, 2009)
Regional automakers stress flexibility in turbulent times (Montgomery Advertiser)
BIRMINGHAM -- Automobile makers must make sure their suppliers are solvent and nearby if they want to survive the current economic downturn, according to industry insiders and consultants.
(Jun 11, 2009)
China's Beijing Auto interested in Volvo: report (Reuters via Yahoo! News)
Beijing Automotive Industry Holding Corp (BAIC) is interested in buying Ford Motor Co's Volvo car unit, the Wall Street Journal reported, adding a new name to a list of potential Chinese bidders for the Swedish luxury car brand.
(Jun 11, 2009)
Research and Markets: The Essential 2009 Market Investigation Report on China's New Energy Automobile Industry is ... (Business Wire via Yahoo! Finance)
DUBLIN----Research and Markets has announced the addition of the "Market Investigation Report on China's New Energy Automobile Industry, 2009" report to their offering.
(Jun 11, 2009)
Study: Internet Economy has Created 1.2M Jobs (CIO)
As the automobile industry sheds jobs, it comes as good news that over the last decade or so the Internet has created 1.2 million jobs, many paying higher salaries than average, a new study finds.
(Jun 11, 2009)
Beijing Auto Said to Eye Volvo (New York Times)
Beijing Automotive Industry Holding is interested in buying Ford Motor ’s Volvo unit, The Wall Street Journal reported, adding a new name to a list of potential Chinese bidders for the Swedish luxury car brand.
(Jun 11, 2009)
U.S. Retail Sales Gain for First Time in Three Months (Update1) (Bloomberg)
June 11 (Bloomberg) -- Sales at U.S. retailers rose in May for the first time in three months as shoppers returned to automobile showrooms seeking bargains from the ailing carmakers.
(Jun 11, 2009)
Suzuki sedan spied as Kizashi project remains on track:
The future Suzuki sedan appears well on its way to arriving at U.S. dealerships later this year, and spy shooters have again caught it during testing.
(Jun 11, 2009)
A Suzuki is spied, and Corvette rolls over a magical number, in News Brake for Thursday, June 11:
In today's News Brake: The Kizashi concept from Suzuki appears well on the way to production; Lewis Hamilton's championship-winning ride from 2008 gets a fitting home; and the iconic Corvette rolls out a milestone car.
(Jun 11, 2009)
Swedish sports-car maker Koenigsegg buying Saab, reports say:
General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said.
(Jun 11, 2009)
Research and Markets: 2009 U.S. General Automotive Repair Industry Report Contains 2009 Current and 2010 Forecast ... (Business Wire via Yahoo! Finance)
DUBLIN----Research and Markets has announced the addition of the "2009 U.S. General Automotive Repair Industry Report" report to their offering.
(Jun 11, 2009)
Vintage motorcycles set to take over Road America:
Road America will be two-wheel heaven this weekend, as the iconic circuit plays host to vintage-motorcycle racing.
(Jun 11, 2009)
Research and Markets: The Essential 2009 Market Investigation Report on China's New Energy Automobile Industry is ... (The Auto Channel)
DUBLIN-- Research and Markets has announced the addition of the "Market Investigation Report on China's New Energy Automobile Industry, 2009" report to their offering.
(Jun 11, 2009)
Pre-Owned Automobile Dealers Alliance Makes Debut (Vehicle Remarketing)
CARY, NC – As the Pre-Owned Automobile Dealers Alliance continues to gain momentum and build its array of services for dealers, the organization announced that it has named an executive director.
(Jun 11, 2009)
Honda celebrates 50 years in America:
Honda is 50 years old today, and much of its early success is the result of a series of brave, bold decisions acted upon by smart engineers-turned-executives.
(Jun 11, 2009)
Small Carmaker May Blaze Plug-In Trail (NPR)
The big automakers are racing to bring to market the future of automobile travel, but Coda Automotive is beating them to the punch with its $45,000, five-passenger, four-door sedan. It has already lined up a Chinese partner to build the car and its battery design could become the standard for the industry.
(Jun 11, 2009)
Kia Forte places emphasis on styling, value:
The new Forte replaces the Kia Spectra compact sedan for 2010. Kias biggest seller gets new skin and a wider, longer version of the Hyundai Elantra platform but falls short in simple things like the workings of shifters and clutches.
(Jun 11, 2009)
Regional automakers stress flexibility in turbulent times (Montgomery Advertiser)
BIRMINGHAM -- Automobile makers must make sure their suppliers are solvent and nearby if they want to survive the current economic downturn, according to industry insiders and consultants.
(Jun 11, 2009)
Vietnam’s automobile industry still without key line (Vietnam Net)
VietNamNet Bridge – Contentions arise every time Vietnam adjusts automobile tax policies. It is simply because policymakers still don’t know what the priority line of automobiles is that should be receiving tax incentives.
(Jun 12, 2009)
Heavy industry props up highest output rebound in 7 months (People's Daily)
China's industrial output saw a year on year increase of 8.9 percent in May, the highest growth since October 2008. The National Bureau of Statistics said on June 12 that the rebound of the heavy industry was the main driving force. The decrease in power generation was 0.8 percentage points lower than that in April, reflecting proportional movement with industrial output. The heavy industry was ...
(Jun 12, 2009)
2010: Maserati GranTurismo: Fun is automatic :
Having two personalities is not normally desirable, but for the Maserati GranTurismo S Automatic, it works.
(Jun 12, 2009)
Camaro, Mustang and Challenger saddle up modern pony-car wars:
Forty summers ago was a magical time for performance-car enthusiasts--specifically for fans of high-horsepower pony cars. The summer of 1969 broke with Detroit in a high-octane horsepower war among the Big Three automakers.
(Jun 12, 2009)
Internet creating new, high-paying jobs (ITBusiness.ca)
As the automobile industry sheds jobs, it comes as good news that over the last decade or so the Internet has created 1.2 million jobs, many paying higher salaries than average, a new study finds.
(Jun 12, 2009)
Carroll Shelby charity modifies name, expands aid:
Carroll Shelbys charity that helps young people is changing names and expanding its reach.
(Jun 12, 2009)
Events here today to celebrate woman's 1909 cross-country drive (The Buffalo News)
The first years of the new millennium have witnessed a parade of centennials celebrating Buffalo's central role in the birth of the automobile industry.
(Jun 12, 2009)
A battle brews in Formula One, and Saab has a buyer, in News Brake for Friday, June 12:
In today's News Brake: The FIA names the teams for next year's Formula One series, and a battle is brewing; we bring you a pony-car showdown; and Swedish sports-car maker Koenigsegg is said to be the winning bidder for Saab ...
(Jun 12, 2009)
Bentley history takes center stage at Pebble Beach:
Bentleys blend of aristocratic cars and pure speed will take center stage at the Pebble Beach Concours dElegance as the storied British luxury carmaker marks its 90th anniversary.
(Jun 12, 2009)
Ford cranks out new 351 performance engine block:
Ford Racing has released a new performance engine block based on the architecture of the automaker's famed Windsor 351.
(Jun 12, 2009)
Predictions for the future of the auto industry (Austin American-Statesman)
With the auto industry limping and Detroit's one-time Big Three devolving into the Big One (Ford) and Questionable Two (Chrysler and General Motors), how can we expect the future of the industry to unfold?
(Jun 13, 2009)
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