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Auto News 12/2009 (Page 2)
'Flip-Top' Shelby Cobra headed for auction block:
Bidders who make the trip to RM Auctions' Arizona sale in January will have the chance to buy the "Flip-Top" 1964 Shelby Cobra 427 prototype. The car is noted for its forward-hinged hood and rear-hinged deck.
(Dec 4, 2009)
Another shake-up at GM, and Kimi Räikkönen will rally in 2010, in News Brake for Friday, Dec. 4:
In News Brake: General Motors shakes up its leadership team--again, the Alfa Romeo Giulietta is set for Geneva, and Kimi Räikkönen is confirmed for the WRC in 2010 . . . But Wait, There's More!
(Dec 4, 2009)
Fiesta sticker will start at $13,995:
The 2011 Ford Fiesta will carry a base price of $13,995 including shipping for the four-door sedan when it goes on sale next summer. The base five-door Fiesta will sticker for $15,795.
(Dec 4, 2009)
UPDATE: Daimler CEO Dieter Zetsche Named President Of ACEA (Nasdaq)
FRANKFURT -(Dow Jones)- The European Automobile Manufacturers' Association ACEA said Friday that Daimler AG (DAI) Chief Executive Dieter Zetsche has been named as its new president, succeeding Renault SA (RNO.FR) CEO Carlos Ghosn from Jan. 1, 2010.
(Dec 4, 2009)
A Decade of the Internet (The Yahoo! Newsroom via Yahoo! News)
The decade did not begin auspiciously for the Internet; it opened not with a bang, but a bust. However, the 2000 dot.com bust, far from signaling the end of the Web, served as a much-needed “reset” for an industry run amok. Gone were websites with great ideas, fistfuls of cash, and no long-term business plan. (Webvan, Pets.com, Kozmo.com, anyone?) The new crop of sites to emerge from the ashes ...
(Dec 4, 2009)
Talks Surface of a Newspaper Industry Bailout (WebProNews)
“You gotta be freakin’ kidding me!” That was my reaction to a Reuters article that I came across. I am still a little taken aback, as they say, about the even the threat of the US government looking into ways to bailout the struggling newspaper / old school media industry. Right now it’s more talk than anything else but if someone said it in a public forum then you know there are greater ...
(Dec 4, 2009)
China looks to amass distressed auto assets (Financial Times)
A quarter of a century ago, China set out to create a modern automobile industry, almost from scratch. It seemed a daunting prospect.
(Dec 4, 2009)
Sales of imported cars rebound (The Japan Times)
Sales of imported motor vehicles, including those made at Japanese carmakers' overseas plants, bounced back 4.8 percent in November from a year earlier to 14,190 units, for the first year-on-year gain in 19 months, an industry body said Friday. The Japan Automobile Importers Association traced the rebound to a reaction to the 37.7 percent sales plunge dealers saw in November last year, when the ...
(Dec 4, 2009)
Emission cut will fuel more eco-friendly cars (Business Standard India)
Welcoming the government’s plan to cut down carbon emission intensity by 20-25 per cent by 2020, India’s automobile industry said it will compel manufacturers to produce greener cars with improved mileage.
(Dec 5, 2009)
GAIC relocates plant to Saudi Arabia (AME Info)
Gulf Automobile Industry Corp (GAIC), which produces cars, pick-up trucks and the Camel forklift, has moved its Abu Dhabi factory to a three million square metre facility in Saudi Arabia as part of its expansion plans for 2010, Saudi Gazette has reported.
(Dec 5, 2009)
Electric Hot (Tulsa World)
Tesla Motors' all-electric $109,000 Roadster, which has been called the future of the automobile industry, is in Tulsa on Saturday and Sunday.
(Dec 5, 2009)
MoIT to reduce automobile imports in 2010 (Vietnam Net)
VietNamNet Bridge – The Ministry of Industry and Trade (MoIT) announced that it will apply technical barriers and tax policies to restrict the import of products including automobiles.
(Dec 5, 2009)
INDUSTRY & ECONOMY (The Hindu)
ENVIRONMENT: Cash-for-clunker type sop on the cards To push car sales and also have positive environmental impact. The Government is discussing scrappage incentives so that vehicle owners get rid of old vehicles and invest in new and more fuel-efficient vehicles, which have ...
(Dec 5, 2009)
Experts say GM needs another Mulally (Detroit News)
Ask people in Washington or on Wall Street who they want to see running General Motors Co. and the answer is the same: another Alan Mulally. Without any experience in the auto industry, he ended Ford's decade-long decline in U.S. market share, changed its notoriously careerist corporate culture and secured enough financing to allow it to weather the economic crisis.
(Dec 6, 2009)
GM, Chinese partner in India venture (San Francisco Chronicle)
General Motors Co. and its main Chinese partner are teaming up on a venture to sell vehicles in India, uniting in the two fastest-growing car markets in a deal that reflects GM's reduced status as a global automaker. As part of the deal, GM gave majority... General Motors - India - Automotive industry - Automobile - GM
(Dec 6, 2009)
You can learn a lot from Ray McKenney (The Gaston Gazette)
Of all the men that I know, Ray McKenney may just be the most interesting. As the owner of a thriving variety of automobile dealerships and other enterprises, he’s a street-smart businessman with a head for business and a heart for people. He reads...
(Dec 6, 2009)
INDUSTRY & ECONOMY (The Hindu)
PETROLEUM: Auto, oil sectors worried as clean fuel deadline looms large The timing could not have been more paradoxical.
(Dec 6, 2009)
The Hindu Business Line : Auto, oil sectors worried as clean fuel deadline looms large (The Hindu)
The timing could not have been more paradoxical. As India gears up for the Copenhagen climate summit beginning Monday, its automobile and oil sectors are getting ready to face an explosive situation on the clean fuel deadline that comes into effect from April 1, 2010.
(Dec 6, 2009)
Automobile & Accessories Exhibition (AME Info)
Exhibition for the Automobile Industry.
(Dec 6, 2009)
No full recovery yet, low base triggered auto sales (Express India)
Last year's global credit crisis also had its ripple effect on relatively insulated India, with sales of automobile and consumer durable firms hitting the nadir in November 2008.
(Dec 6, 2009)
Xinhua: China auto sales pass 12M in Jan-Nov (AP via Yahoo! Finance)
China's auto sales shot past the 12 million mark in the January-November period, with sales for all of 2009 expected to exceed 13 million, the official Xinhua News Agency reported Monday, citing industry figures.
(Dec 7, 2009)
Posted on the Biz Buzz Blog last week (Richmond Times-Dispatch)
Posted on the Biz Buzz Blog last week Auto sales in Virginia are inching back up, according the Virginia Automobile Dealers Association. Michael Allen, a spokesman for the dealer group, said November sales were up 2.4 percent from last year. But year-to-date, sales are off about 23 percent from a year ago. “At this point, we are hopeful that the worst may be behind us, but we are afraid it ...
(Dec 7, 2009)
UPDATE: Geely Interested In Volvo China Operations (Nasdaq)
(Adds executive's comments on Volvo deal and capital spending next year.) HONG KONG -(Dow Jones)- Geely Automobile Holdings Ltd. (0175.HK) said Monday it would be interested in the Chinese operations of Ford Motor Co.'s (F) Volvo unit, if its parent is successful in acquiring Volvo.
(Dec 7, 2009)
The 2009 Lexus LX 570, an AW Drivers Log:
EXECUTIVE EDITOR ROGER HART: It's going to be hard to imagine how a behemoth like this will survive in the brave new world of 30 mpg for light trucks. That's too bad, because as big SUVs go, this one is pretty damn good.
(Dec 7, 2009)
Making the list: AW's Holiday Gift Guide:
We're sure there's a gearhead or two on your shopping list for the holidays. Or maybe you just want to eliminate the uncertainty and give yourself a gift.
(Dec 7, 2009)
Chinese auto industry by far the biggest (MalaysiaNews.net)
China's Association of Automobile Manufacturers have forecast that eventual sales and production of vehicles for the whole year will exceeded a record 12 million units each.
(Dec 7, 2009)
Aston Martin Rapide base price will be less than $200,000:
Aston Martin has set the base price for the Rapide in the United States at $199,950.
(Dec 7, 2009)
GM spending $336 million on plant upgrades for Volt production:
General Motors on Monday said it would spend $336 million on upgrades to the Hamtramck plant near downtown Detroit to build the Chevrolet Volt hybrid car.
(Dec 7, 2009)
Volkswagen powers Up with electricity, and a review of the Lexus LX 570, in News Brake for Monday, Dec. 7:
In News Brake: Volkswagen will bring an Up with electric power to the United States, Mopar muscle will remain true in Europe, and a review of the Lexus LX 570 . . . But Wait, There's More!
(Dec 7, 2009)
Delphi's HVAC Technology to Help Meet New Global Refrigerant Regulations (ThomasNet)
Frankfurt, Germany - With Europe set to enact new refrigerant regulations and the U.S. and other countries considering similar moves, Delphi Corp. is ready to lead with air-conditioning systems that use a new refrigerant without adding significant cost to the vehicle. "When the industry migrated from R-12 (commonly known as Freon) to R-134a, Delphi led that transition," said Steve Kiefer, Delphi ...
(Dec 7, 2009)
AutoWired - Automotive news and information. Live (AutoWired)
Chinese car sales and production both exceeded 12 million between January and November, state media has said. The China Association of Automobile Manufacturers expects car sales and output to top 13 million for the full year, the Xinhua News Agency reported.
(Dec 7, 2009)
EPA: Greenhouse gases endanger human health (AP via Yahoo! News)
The Environmental Protection Agency has concluded greenhouse gases are endangering people's health and must be regulated, signaling that the Obama administration is prepared to contain global warming without congressional action if necessary.
(Dec 7, 2009)
Shoals still in path of Wall Street regulations (AP via Yahoo! News)
Sweeping regulations to tame Wall Street and protect consumers in dealings with lenders are on the verge of passing the House but their fate is hardly sealed.
(Dec 8, 2009)
ACC joins CSU for hybrid auto training (Centennial Citizen)
College graduates are facing a poor job market, but one industry is struggling to meet the demand for skilled employees.
(Dec 8, 2009)
China leads the world in auto sales, production (People's Daily)
China's passenger vehicle production and sales in November both more than doubled from a year earlier, continuing the robust growth and causing China's auto market to lead the global industry for the whole year. It's also the first time the domestic monthly production and sales broke the 1 million units barrier. Sales of passenger vehicles, including cars, multi-purpose vehicles (MPVs), sports ...
(Dec 8, 2009)
Employees work on the assembly line of Anhui Jianghuai Automobile Co in Hefei Anhui Province yesterday China s auto ... (Eastday.com)
China's auto sales accelerated 39 percent annually to exceed 12 million units in the first 11 months this year, the China Association of Automobile Manufacturers said yesterday.
(Dec 8, 2009)
A Decade of the Internet (The Yahoo! Newsroom via Yahoo! News)
The decade did not begin auspiciously for the Internet; it opened not with a bang, but a bust. However, the 2000 dot.com bust, far from signaling the end of the Web, served as a much-needed “reset” for an industry run amok. Gone were websites with great ideas, fistfuls of cash, and no long-term business plan. (Webvan, Pets.com, Kozmo.com, anyone?) The new crop of sites to emerge from the ashes ...
(Dec 8, 2009)
"One market on the rise is water reuse" (Business News Americas)
Environmental legislation and the constant search to lower operating costs are fueling the wastewater treatment industry in Brazil.
(Dec 8, 2009)
Honda Sets All-Time October Record for Auto Production in Asia and China (Japan Corporate News)
Tokyo, Nov 27, 2009 - (JCN Newswire) - Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the month of October 2009.
(Dec 8, 2009)
India Nov car sales rise 61 pct y/y - industry (Reuters via Yahoo! Philippines News)
NEW DELHI, Dec 8 (Reuters) - Car sales in India rose an annual 61 percent in November, boosted by improved consumer sentiment, easier availability of loans and a low sales base a year earlier, an industry body said on Tuesday.
(Dec 8, 2009)
(AFX UK Focus) 2009-12-08 04:29 India Nov car sales rise 61 pct y/y - industry (Interactive Investor)
NEW DELHI, Dec 8 (Reuters) - Car sales in India rose an annual 61 percent in November, boosted by improved consumer sentiment, easier availability of loans and a low sales base a year earlier, an industry body said on Tuesday. Firms sold 133,687 cars in the month compared with 83,121 units a year ago, data from the Society of Indian Automobile Manufacturers showed. Sales of trucks and buses, a ...
(Dec 8, 2009)
November car sales rise 61 pc y/y: Industry (The Economic Times)
November car sales rise 61 pc y/y: IndustryNovember car sales rise 61 pc y/y: Industry
(Dec 8, 2009)
OMRON Releases Vision Sensor Software For Glue Bead Inspection (PollutionOnline)
OMRON Corporation recently released vision sensor software for glue bead inspection (models FZ3-UGI and FZ3-UGIH) to global markets. In recent years, the development of electric and hybrid vehicles in the automobile industry has been gathering steam to reduce carbon dioxide and nitrogen oxide emissions in order to implement measures for preventing global warming inspired by the Kyoto Protocol
(Dec 8, 2009)
Indian car sales surge 61 percent: industry (AFP via Yahoo! News)
New car sales in India rose 61 percent year on year in November, helped by a low base level in 2008 and government stimulus to encourage spending, industry data showed Tuesday.
(Dec 8, 2009)
The 2009 BMW 335i Coupe, an AW Drivers Log:
MOTORSPORTS EDITOR MAC MORRISON: Fantastic car, though this price tag is about as high as it should ever go.
(Dec 8, 2009)
EPA makes it official--greenhouse gases are pollutants:
On the eve of an international climate summit, the EPA on Monday formally declared greenhouse gases to be dangerous pollutants, strengthening President Barack Obama's hand and laying the groundwork for a new 35.5 mpg standard for light vehicles.
(Dec 8, 2009)
New Dacia SUV gets old name--Duster:
A new Duster is ready to take to the roads, but you won't find it at a Plymouth dealership--and not because there aren't any Plymouth dealerships left.
(Dec 8, 2009)
Daimler Truck Financial Rated Highest in Dealer Satisfaction Among Captive Finance Firms (PR Newswire via Yahoo! Finance)
FARMINGTON HILLS, Mich. , Dec. 8 /PRNewswire/ -- In one of the toughest environments for the U.S trucking industry in years, Daimler Truck Financial achieved the No. 1 ranking in the annual dealer satisfaction survey conducted by the American Truck Dealers (ATD), a division of the National Automobile Dealers Association (NADA). As the captive finance company supporting Daimler Trucks North ...
(Dec 8, 2009)
Amelia Island concours teases headliner:
Usually teaser shots hint at the future, but this one is a glimpse of the past--and of one of headliners of the 2010 Amelia Island Concours d'Elegance.
(Dec 8, 2009)
Jaguar, Mercury tops in sales satisfaction, J.D. Power reports:
The Jaguar brand, sold by Ford Motor Co. last year to India's Tata Motors, won top honors in the annual J.D. Power and Associates Sales Satisfaction Index--the fifth time in six years the luxury brand has taken the top spot in the influential survey.
(Dec 8, 2009)
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