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Auto News 09/2009 (Page 3)
Saab Stakes Survival on China Expansion With Beijing Investor (Bloomberg)
Sept. 10 (Bloomberg) -- Saab Automobile, Europe’s worst- performing carmaker this year, is staking its survival on gaining greater access to the Chinese market after tying up with Beijing Automotive Industry Holdings Co.
(Sep 10, 2009)
Putin Slams Manufacturing Industry (The Moscow Times)
Prime Minister Vladimir Putin lashed out at manufacturing titans late Wednesday for the industry’s poor competitiveness and low quality products, saying protectionism and subsidized loans were no substitute for a high-quality product.
(Sep 10, 2009)
Porsche says Panamera avoids gas-guzzler tax:
Few expenses were spared in conceiving the Porsche Panamera, but consumers will avoid at least one cost of ownership: the ignominious gas-guzzler tax.
(Sep 10, 2009)
Audi R8 Spyder exposed, and the new small Lexus is revealed, in News Brake for Thursday, Sept. 10:
In today's News Brake: The Audi R8 Spyder gets early exposure, Lexus lifts the veil on its small-car concept, and the Singapore crash scandal in Formula One gets messier . . . But Wait, There's More!
(Sep 10, 2009)
GM will launch 60-day money-back guarantee:
General Motors Co. is taking a page from the retail industry with its latest marketing blitz in an effort sell more cars: a 60-day money-back guarantee.
(Sep 10, 2009)
9.10China's BAIC joins Koenigsegg's deal to buy Saab (The Auto Channel)
China's BAIC joins Koenigsegg's deal to buy Saab http://autonews.gasgoo.com/auto- -deal-to-buy-Saab.html Shanghai, September 10 (Gasgoo.com) China's Beijing Automotive Industry Holdings has signed a deal to become a minority stakeholder in Koenigsegg Group AB's deal to by Saab Automobile from General Motors Corp, reports ...
(Sep 10, 2009)
Renesas Technology to Release SH72546R MCU for Automotive Engine Control that Combines the Industryâs Largest On-Chip ... (The Auto Channel)
SAN JOSE, Calif.--Renesas Technology America, Inc., today announced the addition to the SuperH* 1 Family of the SH72546R, a powertrain (automobile engine, transmission, etc.) control MCU that combines the industry’s largest on-chip flash memory capacity of 3.75 MB and high-speed operation at 200 MHz.
(Sep 10, 2009)
Product Wars: Gearheads unite (CIO)
Car fanatics love to pimp out their cars, but it's not always about the best looking body kit or a blazing stereo. Smaller car accessories have been gaining popularity and gadget makers have created many nifty gizmos to tap into the lucrative automobile industry.
(Sep 11, 2009)
Candidate: States ought to push back (Billings Gazette)
The federal government under the Obama administration has put the nation trillions of dollars further into debt, nationalized the banking system and taken over much of the automobile industry, unofficial Republican gubernatorial candidate Ron Micheli said Thursday.
(Sep 11, 2009)
China's BAIC joins Koenigsegg in Saab takeover (Jefferson City News Tribune)
STOCKHOLM (AP) -- China's Beijing Automotive Industry Holdings has struck a preliminary deal to become a minority stakeholder in Koenigsegg Group AB, boosting the luxury car maker's efforts to take over Saab Automobile from General Motors Corp.
(Sep 11, 2009)
Nissan's new SUV is seen, and GM adds a money-back guarantee, in News Brake for Friday, Sept. 11:
In today's News Brake: Nissan's new SUV appears in the desert, GM says you'll love it or get your money back, and Lamborghini joins the Frankfurt supercar party . . . But Wait, There's More!
(Sep 11, 2009)
Revival signals strong, industry grows 6.8% (Hindustan Times)
Industrial output growth rose by 6.8 per cent year-on-year in July, lower than the previous month’s upwardly revised 8.2 per cent growth, but still high enough to trigger hopes of a sustained economic revival.
(Sep 11, 2009)
Product Wars: Gearheads unite (ARNnet)
Car fanatics love to pimp out their cars, but it's not always about the best looking body kit or a blazing stereo. Smaller car accessories have been gaining popularity and gadget makers have created many nifty gizmos to tap into the lucrative automobile industry.
(Sep 11, 2009)
Road ahead for Opel maker looks to be rough (The Washington Times)
BERLIN | GM's decision to sell Opel to Canadian auto-parts-maker Magna International and a Russian bank was a political victory for German Chancellor Angela Merkel, but the carmaker's future success is far from guaranteed. Faced with restructuring and a tough global automobile market, critics maintain that a deal driven by election year pressure may not save Opel in the long run. Guido ...
(Sep 12, 2009)
Ford dealer finishes $1M expansion (Daily Local News)
WEST GOSHEN -- The crisis in the American automobile industry hasn't reached a township Ford Lincoln Mercury dealer, which is putting the final touches on a $1 million-plus expansion and renovation project at the dealership.
(Sep 12, 2009)
The Hindu Business Line : Buying a car is more than just economics — Jan Miecznikowski (The Hindu)
The automobile market has become more fragmented, targeted and focused, with new offerings emerging to serve specific needs. JAN MIECZNIKOWSKI, HEAD - GLOBAL AUTOMOTIVE PRACTICE, BOOZ & CO.
(Sep 12, 2009)
AUTOMOTIVE: Cash for Clunkers helped fend off some of the slump (Colorado Springs Gazette)
Bankruptcies at two of the Detroit Three automakers and the poor economy caused the industry to suffer.
(Sep 13, 2009)
On Wheels: Hyundai Knows Value Can Run on Four Cylinders (Washington Post)
It doesn't surprise me that Hyundai's August sales topped those of its rivals. Nor should it surprise anyone who lately has driven a Hyundai.
(Sep 13, 2009)
China denounces new U.S. tire tariffs (Pioneer Press)
WASHINGTON — Within hours of President Barack Obama's decision to penalize imports of automobile tires from China, Chinese officials accused the United States of violating international trade laws and succumbing to political pressure for protectionism.
(Sep 13, 2009)
China denounces tariffs (The Day)
Washington - Within hours of President Barack Obama's decision to penalize imports of automobile tires from China, Chinese officials accused the United States of violating international trade laws and succumbing to political pressure for protectionism. ”China is firmly opposed to this measure of serious commercial protectionism by the United States,” the Chinese ministry of commerce said ...
(Sep 13, 2009)
Ford dealer finishes $1M expansion (Daily Local News)
WEST GOSHEN -- The crisis in the American automobile industry hasn't reached a township Ford Lincoln Mercury dealer, which is putting the final touches on a $1 million-plus expansion and renovation project at the dealership.
(Sep 13, 2009)
Luxury hotels give up stars in recession (Stuff)
Luxury hotel chains, the biggest losers in the lodging industry's decline, are giving up some of their hard-won stars in an effort to save money.
(Sep 13, 2009)
China's auto industry shifts into high gear (The Christian Science Monitor)
Partnerships with West have given it needed technology; now it's the world's biggest car market, having passed the US this year.
(Sep 13, 2009)
To Hopeful Makers, the Electric Car’s Time Is Here (New York Times)
After years of talk and prototypes, some automobile manufacturers believe that the electric vehicle is poised to become more than just a science experiment.
(Sep 13, 2009)
Guru Stocks at 52-Week Low: Banco Ita Holding Financeira S. ... (Guru Focus)
These are the top stocks that have reached their 52-week lows last week. According to GuruFocus updates , these Guru stocks have reached their 52-week lows. Last week's top two out of favor industries were the Banking and Automobile industries. 23 banks have reached their 52-week lows, while 22 have reached their 52-week highs, giving the industry a low/high ratio of 1.05. In the Automobile ...
(Sep 14, 2009)
China Rubber Imports May Miss Forecast on Tariffs, Haitong Says (Bloomberg)
Sept. 14 (Bloomberg) -- Natural rubber imports by China, the world’s largest consumer, may fall 14 percent short of an industry forecast after the U.S. imposed tariffs on tire exports from the country, said an analyst from Haitong Futures Co.
(Sep 14, 2009)
Competition good for insurance choices (Việt Nam News)
HCM CITY — Strong growth potential and fierce competition have seen new products and offers flood the local insurance market of late, industry insiders say.
(Sep 14, 2009)
Chrysler may use Fiat engine system in some U.S. models:
The Chrysler Group may incorporate Fiat's new MultiAir fuel-saving technology in some gasoline engines, Fiat sources say.
(Sep 14, 2009)
Dodge kills the Caliber SRT4:
Dodge is dropping its fastest, most powerful small car for the 2010 model year. The Dodge Caliber SRT4--a turbocharged, muscle-bound version of the Caliber--is being discontinued.
(Sep 14, 2009)
UAE auto sales are expected to rise (Zawya)
Dubai, UAE: An analysis by Dubai Chamber of Commerce & Industry Dubai Chamber of Commerce & Industry indicates that whilst the UAE does not possess a sizable domestic automobile manufacturing capability, its high national wealth has created a niche market for sales of imported vehicles in recent years, and there is a large re-export trade based on the country's regional status as a key strategic ...
(Sep 14, 2009)
UAE auto sales are expected to rise (AME Info)
An analysis by Dubai Chamber of Commerce & Industry indicates that whilst the UAE does not possess a sizable domestic automobile manufacturing capability, its high national wealth has created a niche market for sales of imported vehicles in recent years, and there is a large re-export trade based on the country's regional status as a key strategic location.
(Sep 14, 2009)
OnlineAutoInsurance.com Offers More Than Just Auto Insurance Quote Comparisons (PR Newswire via Yahoo! Finance)
The average consumer is well aware of the benefits of comparison shopping in order to find the best deals on any consumer product. This is especially true when it comes to the auto insurance industry.
(Sep 14, 2009)
Global Emissions Standards, Fuel Economy Regulations to Accelerate Demand for Delphi Hybrid, Electric Technology (Marketwire via Yahoo! Finance)
FRANKFURT, GERMANY--(Marketwire - 09/14/09) - The electrification of the automobile is underway. Hybrid vehicles are the here and now, and completely electric vehicles are on the horizon. Nowhere will that be more apparent than at IAA 2009, the international motor show for passenger cars in Frankfurt. Here, visitors will experience future models with a heightened focus on hybrid and electric ...
(Sep 14, 2009)
An electric R8 and a four-door Bugatti break cover, in News Brake for Monday, Sept. 14:
In News Brake: Audi is revealing an electric R8 concept at Frankfurt, Dodge kills the Caliber SRT4, and Bugatti busts out a sedan concept . . . But Wait, There's More!
(Sep 14, 2009)
Auto sales boosting Indian rubber demand - industry (Reuters via Yahoo! Asia News)
* India's Rubber Board expects higher rubber demand
(Sep 14, 2009)
2010 Lamborghini Reventón Roadster details revealed for Frankfurt:
The 2010 Lamborghini Reventón Roadster appears to live up to all the hype.
(Sep 14, 2009)
US-China trade dispute about more than tires (The Christian Science Monitor)
President Obama has ratcheted up US-China trade tensions at a sensitive moment for the global economy. The dispute in question centers around automobile tires, and the White House has sided with US manufacturing workers who say they are being harmed by rapidly rising imports from China. The president's decision has implications for ...
(Sep 14, 2009)
Many Faces, and Phases, of Steel in Cars (International Herald Tribune)
Steelmakers are trying to keep up with changes in the car industry by producing a lighter product without sacrificing strength.
(Sep 15, 2009)
Mini pops top on Roadster concept for Frankfurt:
Mini's Coupe concept is really something, but clearly it was holding back. Enter the Roadster concept. And the open-air version does even more--with less.
(Sep 15, 2009)
Ford to introduce two- and three-cylinder engines:
Ford Motor Co. will introduce its smallest turbocharged engine yet next year, and on the horizon are even tinier engines--including two- and three-cylinder versions, the automaker's powertrain chief said Monday.
(Sep 15, 2009)
Hyundai Joins Industry Leaders to Urge Action on Hydrogen Infrastructure (The Auto Channel)
MACQUARIE PARK, AUSTRALIA – September 15, 2009: Hyundai Motor Company, the world’s fifth-largest automobile group, joined leading global automakers to urge governments, energy companies and other organisations to develop easily accessible and affordable hydrogen infrastructure to ensure the successful introduction of fuel cell electric vehicles (FCEVs) into the global marketplace.
(Sep 15, 2009)
Raptor engineer has a taste for chassis tuning, microbrews :
Hether Fedullo is a Ford noise, vibration and harshness engineer, a shifter-kart driver and a beer snob.
(Sep 15, 2009)
FRANKFURT SHOW: Bosch sees slump lasting for years (just-auto)
As we warn elsewhere on just-auto today, it could be easy to get carried away with the luxury, the sports supercars and the electrotechnical concepts at Frankfurt and overlook the real world. Like at Bosch where 10,000 jobs are going this year and 100,000 more staff will remain on short working hours amid an auto industry slump its top manager said could last for years.
(Sep 15, 2009)
U.S. seeks 5 percent annual fuel-economy gains through 2016:
The Obama administration today proposed gasoline mileage and greenhouse-gas pollution standards for new vehicles for model years 2012 to 2015, filling in the blanks for manufacturers en route to a 35.5 mpg national target in 2016.
(Sep 15, 2009)
There is no shooting slump (Bennington Banner)
While the U.S. economy remains in a slump, and sales for most products are at a five-year low, there is one industry that is unable to meet the demand for their products.
(Sep 15, 2009)
The Mini Roadster and Ford C-Max hit the Frankfurt motor show, in News Brake for Tuesday, Sept. 15:
In News Brake: It's the Frankfurt motor show special! The Mini Roadster breaks cover and the Ford C-Max looks to be a hit, plus plenty of pictures and highlights . . . But Wait, There's More!
(Sep 15, 2009)
Mazda MX-5 Superlight--minimum weight, maximum fun at Frankfurt auto show:
The 2009 Frankfurt auto show likely will be remembered as the show of eye-catching, open-air statements from an array of carmakers.
(Sep 15, 2009)
Coming to Dealers Soon: An Array of Electric Cars (New York Times)
After years of talk and prototypes, some automobile makers are announcing plans for electric vehicles.
(Sep 16, 2009)
Obama hails recovery efforts in visit to GM plant (Detroit News)
Warren, Ohio -- President Barack Obama visited a General Motors Co. automobile assembly plant Tuesday hard hit by the industry downturn and hailed economic recovery efforts that will put more than 1,000 workers here back on the job next month.
(Sep 16, 2009)
New fuel standard rolls in at 34.1 mpg (Detroit News)
Washington -- The Obama administration's proposed standards for fuel efficiency and tailpipe emissions will raise vehicle price tags by more than $1,000, depress sales by 58,000 and cost more than 5,000 auto industry jobs in 2012, a government analysis said Tuesday.
(Sep 16, 2009)
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