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Auto News 08/2009 (Page 2)
Arthur D. Little: Global automobile industry repositioning itself (Business Wire via Yahoo! Finance)
LONDON----The international automobile industry is facing a huge upheaval. We are currently witnessing a shift in the most important production locations and sales markets to emerging markets.
(Aug 6, 2009)
The Equualizer: We drive the 2011 Hyundai Equus luxury sedan:
Hyundai Motor America CEO John Krafcik is by all indications a brilliant car executive.
(Aug 6, 2009)
Buick plans to add a crossover in 2010, a plug-in hybrid in 2011:
Buick's lineup is growing--it's getting a new five-passenger crossover in 2010, with a plug-in hybrid following in 2011.
(Aug 6, 2009)
Nissan retailing of the Leaf electric vehicle starts next year in five markets:
Just days after pulling the wraps off of its prototype Leaf electric vehicle in Japan, Nissan Motor Co. says it has committed to an early launch of 5,000 sales in the United States, starting late next year.
(Aug 6, 2009)
Cash-for-clunkers clears 180,000 in sales, is poised for an extension:
The cash-for-clunkers program has reached sales of more than 180,000--topped by the Toyota Corolla--as the Senate is poised to vote on an extension of the program on as soon as Thursday.
(Aug 6, 2009)
Toyota Prius top-selling car in Japan for 3 months (San Francisco Chronicle)
Toyota's hugely popular Prius hybrid ranked as Japan's top-selling car in July, clinching the spot for the third consecutive month as tax breaks boosted sales of green vehicles, an auto industry group said Thursday. The Japan Automobile Dealers Association... Sponsored Topics: Toyota - Japan - Toyota Prius - Automobile - Automotive industry
(Aug 6, 2009)
Mexican Auto Output to Fall 30% This Year, Solis Says (Update1) (Bloomberg)
Aug. 5 (Bloomberg) -- Mexico’s auto production will decline 30 percent in 2009 as demand in the U.S. slumps, the president of the Mexican Automobile Industry Association said.
(Aug 6, 2009)
Advanced Automotive Technology Lab Agreement Signed Between RIT and Local Industry Leader Torvec (Marketwire)
New Lab to Combine Educational Opportunities, New Technology Development and Increased Automotive Manufacturing Industry Potential
(Aug 6, 2009)
Cashing in on an early exit, and Buick gets hybrids, in News Brake for Thursday, August 6:
In today's News Brake: NASCAR drivers can cash in with an early exit, Buick plugs in to hybrids, and Aiko Toyoda is ready to bring excitement back to Toyota showrooms . . . But Wait, There's More!
(Aug 6, 2009)
Fiat gets approval to purchase Bertone coachbuilding business:
Fiat S.p.A.'s bid for Carrozzeria Bertone S.p.A. was approved Thursday by the Italian government.
(Aug 6, 2009)
Iacocca shows off his custom 45th-anniversary Mustang:
The man behind the original Mustang--Lee Iacocca--is back with a custom-built 2009 version that celebrates 45 years of the iconic pony car.
(Aug 6, 2009)
Senate passes cash-for-clunkers extension:
The Senate added $2 billion to "cash for clunkers" on Thursday, ending a week of suspense about whether the popular new program would have to shut down for lack of funds.
(Aug 6, 2009)
Arthur D. Little: Global automobile industry repositioning itself (The Auto Channel)
LONDON-- The international automobile industry is facing a huge upheaval. We are currently witnessing a shift in the most important production locations and sales markets to emerging markets. These shifts in emphasis will carry consequences for the entire industry and new global players will emerge.
(Aug 7, 2009)
Thai Asean News Network (Thailand Outlook Channel)
The Finance and Industry ministries have instructed the Office of the National Economic and Social Development Board to outline the national strategic plan for automobile indurstry to be completed by September.
(Aug 7, 2009)
Somalia: Clinton Calls Eritrea's Meddling 'Unacceptable' (AllAfrica.com)
Reco Export Agencies has been exporting Automobile Spare Parts, Metals, Used Cars, Engines and other items from Japan since 1956. Located in Osaka, Japan we have been promoting high quality Japanese products to world wide markets and are leaders in the industry today.
(Aug 7, 2009)
Mitsubishi sets prices for its five-door Lancer Sportback models:
The five-door Mitsubishi Lancer Sportback rolls into showrooms with a base price of just less than $20,000. Stepping up to the high-performance Ralliart version pushes the price to near $28,000.
(Aug 7, 2009)
New Porsche 911 Turbo gets a bigger engine and cranks out 500 hp:
There are plenty of good reasons to go to the Frankfurt motor show in September, but this seals the deal--Porsche will use the show for the rollout of the new 911 Turbo in coupe and convertible versions.
(Aug 7, 2009)
Russia, S.Ossetia should expand cooperation - Sechin (Interfax)
MOSCOW. Aug 7 (Interfax) - Russia and South Korea have good cooperation prospects not only in the energy sector, but also in the automobile industry, shipbuilding and communications, said Russian Deputy Prime Minister Igor Sechin.
(Aug 7, 2009)
The new Porsche 911 Turbo breaks cover and 'clunkers' continues, in News Brake for Friday, August 7:
Porsche reveals the 911 Turbo that's coming to Frankfurt, Mitsubishi prices the Lancer Sportback, and cash-for-clunkers gets a $2 billion infusion . . . But Wait, There's More!
(Aug 7, 2009)
Arthur D. Little: Global automobile industry repositioning itself (Consultant News)
Chinese and Indian suppliers gaining importance in global automobile market / established players must now reposition themselves. The international automobile industry is facing a huge upheaval.
(Aug 7, 2009)
What is 230? We bet it's GM's moonshot--the Chevrolet Volt's mpg rating:
The number 230, with an image of an electric plug outlet as the "0," is popping up in a lot of places lately--such as the virtual ad on the backstop of televised baseball games and around the Web. It also has 8-11, for Aug. 11.
(Aug 7, 2009)
BMW Group with 109,923 deliveries in July (The Auto Channel)
MUNICH, GERMANY - August 7, 2009: The BMW Group’s sales were once again impacted by weak economic conditions on the international markets – as was the entire automobile industry.
(Aug 7, 2009)
Road to motor city (Express India)
The motor sports city slated to come up near Haryana's millennium city Gurgaon, adjoining the national capital will bolster Haryana's position as a hub for the automobile industry with half of the country's cars being made in the state.
(Aug 7, 2009)
BMW Group Suffers 13% Global Sales Decline in July - BMW Brand down 14.9% (Auto Spies)
07. Munich. The BMW Group’s sales were once again impacted by weak economic conditions on the international markets – as was the entire automobile industry. In the past month the company delivered 109,923 (prev.yr. 125,792 / -12.6%) BMW, MINI and Rolls-Royce brand automobiles worldwide.
(Aug 7, 2009)
Local automobile dealers report on impact of Government’s cash for clunkers program (The Warwick Advertiser)
WARWICK Depending on your viewpoint, the “Cash for Clunkers” program is either a spectacular success or a poorly planned disaster.
(Aug 8, 2009)
Zoning board vs. treehouse (Fort Wayne News-Sentinel)
Government can take over the automobile industry, financial services and even health care.
(Aug 8, 2009)
Local automobile dealers report on impact of Government’s cash for clunkers program (The Warwick Advertiser)
WARWICK Depending on your viewpoint, the “Cash for Clunkers” program is either a spectacular success or a poorly planned disaster.
(Aug 9, 2009)
Solar industry's promises bring environmental challenges for Tennessee (The Tennessean)
The intensive manufacturing operations will draw a tremendous amount of electricity from the state's power grid.
(Aug 9, 2009)
Some local auto dealers frustrated with Cash for Clunkers program (Sentinel & Enterprise)
By Dan Magazu dmagazu@sentinelandenterprise.com LUNENBURG -- The government's Cash for Clunkers Program is fueling increased automobile sales, but several local dealers suspended the program last week because they were still waiting on
(Aug 9, 2009)
Solar industry's promises bring environmental challenges for Tenn. (WBIR-TV Knoxville)
As the state tries to reap the benefits of a growing solar industry that could bring thousands of new jobs and billions in new investment, the massive projects also bring with them environmental challenges in the form of intensive manufacturing operations that will draw a tremendous amount of electricity from the state's power grid used to run sprawling chemical reactors.
(Aug 9, 2009)
July car sales rise 31 pc y/y: Industry (The Economic Times)
July car sales rise 31 pc y/y: IndustryJuly car sales rise 31 pc y/y: Industry
(Aug 10, 2009)
(AFX UK Focus) 2009-08-10 05:36 India July car sales rise 31 pct y/y - industry (Interactive Investor)
NEW DELHI, Aug 10 (Reuters) - Car sales in India rose an annual 31 percent in July, an industry body said on Monday, as demand was boosted by new launches and increasing availability of cheaper loans. Companies sold 115,067 cars during the month, compared with 87,901 cars a year earlier, data from the Society of Indian Automobile Manufacturers showed. Sales of trucks and buses, a barometer of ...
(Aug 10, 2009)
Industry : Related News (TruckingInfo.com)
8/10/2009 - FTR Associates: Don't Get Excited Yet While the freight market has been showing signs of marginal improvement over the last couple months, the industry will most likely find stable waters ahead, as actual growth will not occur for some time, said Noel Perry, managing director and senior consultant at FTR Associates.
(Aug 10, 2009)
2010 Cadillac SRX: A new standard for GM's luxury crossovers:
A few years after Lexus touched off the luxury-crossover craze with its RX 300, Cadillac chose to offer the SRX--a completely different, angular tall wagon with a rear liftback built on its rear-drive CTS sedan chassis.
(Aug 10, 2009)
GM closes in on Toyota in global sales:
General Motors Co. came close to regaining the top spot from Toyota Motor Corp. in a shrinking global auto market during the first half, while No. 3 Volkswagen AG gained ground on both.
(Aug 10, 2009)
Cadillac XTS to use modified Buick LaCrosse underpinnings :
Cadillac's next flagship sedan, the XTS, will borrow its underpinnings from the Buick LaCrosse.
(Aug 10, 2009)
Paints industry to grow 10-12 percent, say manufacturers (New Kerala)
Kolkata, Aug 10 : The Indian Paint Association expects the industry to post 10-12 percent growth this fiscal riding on initial signs of revival of user industries, a top member of the organisation said here Monday.
(Aug 10, 2009)
Indian car sales jump in July (AFP via Yahoo! News)
Indian car sales jumped by nearly a third in July as new model launches and cheaper loans prompted customers to flock to automobile showrooms, industry data showed Monday.
(Aug 10, 2009)
White House pumps $2.4Bn into battery tech (Geek.com)
We’ll leave aside the issue of whether or not the US government should be financially propping up the fecund and ingenuity bereft national automobile industry. They have decided to do so, and taxpayers will just have to live with it. But that’s not to say good news can’t come out of the cash influx from the [...]
(Aug 10, 2009)
Schumacher keeps practicing for F1 return, and a review of the Lincoln MKZ, in News Brake for Monday, Aug. 10:
In today's News Brake: Michael Schumacher continues driving old Ferraris to prepare for his return to Formula One, GM could again be the world's largest automaker, and we review the Lincoln MKZ . . . But Wait, There's More!
(Aug 10, 2009)
University of Michigan's $2.5 million grant cash will go toward education for a greener auto industry (The Ann Arbor News)
The University of Michigan aims to electrify the transportation industry, using $2.5 million in grant funds to develop new curriculum and programs. The funds from the American Recovery and Reinvestment Act will be used for undergraduate and graduate courses, high......
(Aug 10, 2009)
GM launches test program in California selling cars on eBay:
General Motors and eBay are partnering for a four-week selling spree in California.
(Aug 10, 2009)
Paints industry to grow 10-12 percent, say manufacturers (New Kerala)
Kolkata, Aug 10 : The Indian Paint Association expects the industry to post 10-12 percent growth this fiscal riding on initial signs of revival of user industries, a top member of the organisation said here Monday.
(Aug 10, 2009)
'ST registration Plan: 'FBR to use 25 information sources (Business Recorder)
ISLAMABAD (August 11 2009): The Federal Board of Revenue (FBR) will use 25 sources of information for sales tax registration of companies, distributors, wholesalers/retailers, stevedores, etc, using data available with Pakistan Maritime Agency, government/autonomous departments, stock exchanges and manufacturers, including automobile, and cement industry.
(Aug 11, 2009)
Chevrolet Volt to get 230-mpg rating for city fuel economy, General Motors says:
General Motors expects that the Chevrolet Volt will get an EPA city fuel-economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday.
(Aug 11, 2009)
Local automobile dealers report on impact of Government’s cash for clunkers program (The Warwick Advertiser)
WARWICK Depending on your viewpoint, the “Cash for Clunkers” program is either a spectacular success or a poorly planned disaster.
(Aug 11, 2009)
Bailout, in reality, a federal giveaway (Hattiesburg American)
Here we go with another "bailout" for the automobile industry, and with it another example of how a government-run program turns into an unenforceable giveaway.
(Aug 11, 2009)
The Chevy Volt is charged, and Michael Schumacher's comeback ends, in News Brake for Tuesday, Aug. 11 :
In today's News Brake: The Chevy Volt will get 230 mpg, Michael Schumacher ends his comeback attempt, and more killer Cadillacs are on the way . . . But Wait, There's More!
(Aug 11, 2009)
Clunkers claims hit $1.15 billion Monday, government says:
Dealer claims for cash-for-clunkers rebates continued to climb late last week after it became clear that the program would get $2 billion in new funding.
(Aug 11, 2009)
Jobs down in new vehicle industry, says Naamsa (BusinessDay)
THE number of people employed in South Africa's new vehicle manufacturing industry fell in the second quarter of 2009 to a level last seen 22 years ago, the National Association of Automobile Manufacturers (Naamsa) said today.
(Aug 11, 2009)
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