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Auto News 07/2009

Automobile parts makers make hay in downturn (China Daily)
While China's vehicle exports were severely battered by the global economic downturn, its automobile parts suppliers have been faring well in overseas markets.

Automobile parts makers make hay in downturn (People's Daily)
While China's vehicle exports were severely battered by the global economic downturn, its automobile parts suppliers have been faring well in overseas markets. According to Customs figures, in the first four months, while China's vehicles exports continued to fall, auto parts exports showed some signs of recovery. China exported auto parts valued at $3.08 billion in the first four months, down ...

Foundry Industry stages comeback in Gujarat (New Kerala)
Rajkot, June 30 : Foundry Industry in Gujarat has staged a comeback as new business with the revival in demand from engineering and automobile sectors.

Audi TTRS is the fastest TT yet:
The plane is waiting in Cologne, Germany, and we're late. The autobahn clears, and the Audi TTRS gets whipped back to third gear.

Lamborghini Gallardo pays homage to longtime test driver:
Lamborghini is paying tribute to its longtime test driver, Valentino Balboni, by putting his name on a limited run of rear-wheel-drive Gallardos.

Potential Suitors Said to Continue to Circle Volvo (New York Times)
China’s Beijing Automotive Industry Holding , rival Geely Automobile Holdings , and at least one “Western industrial group” remain interested in Ford Motor ’s Volvo car unit, Reuters reported, citing a person close to the situation.

China becomes biggest exporter of light electric autos (People's Daily)
The new energy automobile is developing rapidly in China. China has become the biggest producer, consumer and exporter of electric vehicles in the world. According to the blue paper on China's auto industry in 2009, the number of electric bicycles and electric motors has reached about 50 million, which accounts for 90% of the world total. The development of the light electric vehicles promotes ...

Toyota Prius headlamp troubles could dim brand's reputation:
Amid the launch of the third-generation Prius hybrid, Toyota Motor Corp. is taking a beating online and in court by owners who charge that some older models of the popular car have faulty headlights that can cost more than $1,000 to replace.

Lamborghini honors its test driver, and Tony George gives up the wheel, in News Brake for Wednesday, July 1:
In today's News Brake: Lamborghini's longtime test driver gets a special honor; GM rolls out a holiday sale; and Tony George gives up the steering wheel of the IRL ... But Wait, There's More!

Pontiac G8, other GM cars get zero-percent financing:
The Pontiac G8 is about to enter the pages of history. And it’s sure to be remembered wistfully by enthusiasts for its potent engine, sporty driving and all-too-brief life.

GAZ auto group to lay 7,000 staff off by Aug 1 - official (Interfax)
NIZHNY NOVGOROD. July 1 (Interfax) - The GAZ (RTS: GAZA) automobile group will lay off approximately 7,000 staff at its plants in the Nizhny Novgorod region by August 1, the region's industry minister, Nikolai Satayev, told a briefing.

China rolls out record 89 new auto models in H1 (China Daily)
BEIJING: Chinese manufacturers rolled out a record 89 new auto models in the first half of this year amid the industry boom, said an official with the China Association of Automobile Manufacturers (CAAM) Tuesday.

Chevy Camaro outsells Ford Mustang for first time in nearly 15 years:
Some drivers weren't even born the last time the Chevrolet Camaro outsold the Ford Mustang.

Jaguar brings one-off XKR, Gentilozzi rocket to Goodwood:
Jaguar will have an auspicious presence at the Goodwood Festival of Speed this weekend: it's bringing a one-off, lime green XKR and the record-breaking XFR driven by Paul Gentilozzi at the Bonneville Salt Flats.

China churns out 89 new auto models in 1st half year (China Daily)
Chinese manufacturers rolled out a record 89 new auto models in the first half of this year amid the industry boom, said an official with the China Association of Automobile Manufacturers (CAAM) Tuesday.

India's auto industry logs 11.5 percent growth (New Kerala)
New Delhi, July 2 : The automotive industry in India grew at a computed annual growth rate (CAGR) of 11.5 percent over the past five years, the Economic Survey 2008-09 tabled in parliament Thursday said.

Motor industry breathes again as sales pick up (Independent Online)
Two of the three top selling cars in South Africa in June 2009 were bakkies, says National Association of Automobile Manufacturers of SA - and two of the top six were luxury sedans!

BMW X1 confirmed for United States:
One of the worst-kept secrets in the car world has been confirmed: The BMW X1 is coming to the United States in 2011.

AMG makes a Mercedes-Benz E-class for the racing family man (or woman):
Say you need a practical, roomy luxury sedan to use as a family car or for hauling business associates to big lunch meetings.

Ford posts best June sales performance in down market:
In a month of sandbagged auto sales, Ford was the clear winner.

Lexus offers coupons for F-Sport accessories in July:
Lexus is offering a 20 percent discount coupon for use on all F-Sport accessories in July that's worth up to $2,000.

Auto industry logs 11.5 pc growth (The Economic Times)
Auto industry logs 11.5 pc growthAuto industry logs 11.5 pc growth

Camaro vs. Mustang, and the latest on Jeremy Mayfield, in News Brake for Thursday, July 2:
In today's News Brake: The Camaro bests the Mustang in sales for the first time since 1993; BMW confirms the X1 for the U.S., and Jeremy Mayfield can race as soon as this weekend, a judge says . . . But Wait, There's More!

International Automobile Dealers Announce Monthly Sales (PR Newswire via Yahoo! Finance)
The American International Automobile Dealers Association today released June 2009 sales figures for the international automobile industry. AIADA represents over 11,000 international franchises, which so far this year account for 54.6 percent of all vehicles sold in the United States.

Auto sector registers growth despite slowdown (The Hindu)
NEW DELHI: Despite economic slowdown that has affected the automobile industry, production and exports of the sector went up last fiscal, said the Economic Survey 2008-09, and underlined that the industry employs over one crore people. While ...

What the future of the auto industry will look like (The Christian Science Monitor)
Surging demand for cars in rapidly growing nations will mean a robust car industry in 20 years. The US will have a piece of it – though smaller than today – and the models it turns out will be much greener as the iconic industry reinvents itself.

Reese Schonfeld: SNAFU: Truck You, Detroit, or Tanks for Nuttin' (The Huffington Post)
Our military procurement system is a mess. Our automobile industry is a mess. We might have helped both if we had gotten them to agree to build the next generation of military vehicles together.

International Automobile Dealers Announce Monthly Sales (The Auto Channel)
ALEXANDRIA, Va., July 2 -- The American International Automobile Dealers Association (AIADA) today released June 2009 sales figures for the international automobile industry.

'Green' vehicles to serve Shanghai Expo (China Daily)
Shanghai has made good on its promise to roll out a new green automobile fleet. With the Shanghai World Expo approaching within a year, the Shanghai Automobile Industry Group (SAIG) produced nearly a thousand new vehicles that incorporate the latest in environmentally conscious technology.

"The future of the global automobile industry to be shaped by mergers and alliances" - Analysis by Euler Hermes SFAC (CNW Group via Yahoo! Finance)
In a study entitled "The automobile industry confronted with a decline in global demand," Euler Hermes SFAC reviews the outlook for the sector. A plunge in global demand and massive destocking are such that in future, the industry will need to find ways to share certain costs through tie-ups and alliances.

SCIC Issues Tips For Buying Automobile Service Contracts and Avoiding Scams (PR Newswire via Yahoo! Finance)
The Service Contract Industry Council today issued consumer tips and information on purchasing and using service contracts and avoiding scams.

Wisdom pays benefits at Rothbury:
Something good can be said for age. With age comes wisdom and a sense of what you like and what you don't. You don't waste time testing things you don't like. Just go for what you like.

GM Says Beijing Automotive Submitted Offer for Opel (Update1) (Bloomberg)
July 4 (Bloomberg) -- General Motors Corp. said Beijing Automotive Industry Holding Co. submitted an offer for its Opel division, giving the bankrupt U.S. automaker more options in the event negotiations with Magna International Inc.

George Telegraph ties up with Hyundai (New Kerala)
Kolkata, July 4 : The George Telegraph Training Institute (GTTI), the pioneer of technical education in Eastern India, joined hands with Mukesh Hyundai, the largest establishment for Hyundai in East India, to provide their students with the best possible on-the-job training in the Automobile Industry to prepare them completely for the most suitable employment in the future.

Fairtheworld Comments on Auto Industry: China's Automobile Enterprises Are Expanding Amidst an Adverse Market Under ... (PR Newswire via Yahoo! Finance)
The bankruptcy of Chrysler and GM has shocked the entire auto industry chain in America. The falling of giants has set off a chain of bankruptcies of related enterprises on the up and down-stream.

Luxury ride brings back memories of a once-in-a-lifetime cruise:
I come by this driving a motor coach honestly. It was 1979 and I had just gotten out of college early when a call came from then little-known American race driver Danny Sullivan.

Fairtheworld Comments on Auto Industry: China's Automobile Enterprises Are Expanding Amidst an Adverse Market Under ... (The Auto Channel)
HONG KONG, July 4 The bankruptcy of Chrysler and GM has shocked the entire auto industry chain in America. The falling of giants has set off a chain of bankruptcies of related enterprises on the up and down-stream.

Alcohol detector would prevent car from starting if driver is drunk (The Cleveland Plain Dealer)
WASHINGTON -- Drunken driving kills. And now the auto industry and federal government are collaborating on research they hope will kill drunken driving. The Alliance of Automobile Manufacturers and the National Highway Traffic Safety Administration are spending $10 million over...

Kia's Sedan Delivers Serious Quality and Value (Washington Post)
To understand the future of the automobile industry, you must understand the success of Wal-Mart, the world's largest retail organization.

Luxury ride brings back memories of a once-in-a-lifetime cruise:
I come by this driving a motor coach honestly. It was 1979 and I had just gotten out of college early when a call came from then little-known American race driver Danny Sullivan.

GM Says Beijing Automotive Submitted Offer for Opel (Update1) (Bloomberg)
July 4 (Bloomberg) -- General Motors Corp. said Beijing Automotive Industry Holding Co. submitted an offer for its Opel division, giving the bankrupt U.S. automaker more options in the event negotiations with Magna International Inc.

Deshmukh for lowering excise duty on big cars (The Times of India)
NEW DELHI: Concerned over the downturn in the automobile industry, Heavy Industries Minister Vilasrao Deshmukh has asked the finance minister to cut excise duty on big passenger cars by more than half to 8%.

Volatile Swings for Price of Oil Hobble Industry (New York Times)
From $145 a barrel a year ago to $33 in December, oil prices lately have surprised analysts by climbing despite the undertow of a global recession.

Nissan makes a big bet there's a mass market for EVs:
Nissan Motor Co. CEO Carlos Ghosn is spending big money to make electric vehicles in high volumes--and soon.

Smart's $99 lease deal has big balloon payment at end:
Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate.

Qvale, nearing 90, sees life after crash for U.S. industry:
The troubles roiling Detroit's automakers are familiar to Kjell Qvale, the legendary importer and dealer in San Francisco.

Nismo adds fun to the Nissan 370Z:
Badges, we don't need to see no badges to separate Nissan's Nismo 370Z from its cult-car predecessor or a stock 370Z.

Berita-berita Lain (Bernama)
TOKYO, July 6 (Bernama)-- Toyota Motor Corp.'s Prius is the best-selling automobile among all models including minivehicles in Japan in the month of June, the Jiji Press reported Monday, citing the industry data as saying.

Former Ford exec Robert McNamara dies:
Robert S. McNamara, a former Ford Motor Co. president who later served as defense secretary during the Vietnam War, died in his sleep Monday at his home. He was 93.

German automotive industry embraces e-car, but . . . (EETimes)
After a phase of lethargy that lasted several years, large parts of the German automotive industry are now setting the course for hybrid and all-electric drive schemes. The bad news: The worst is far from being over for the industry. Sponsored Topics: Automotive industry - Automobile - Battery electric vehicle - Electric vehicle - Business


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