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Auto News 07/2010

Range Rover unveils Evoque SUV:
Land Rover has taken the wraps off its new small SUV--the two-door Range Rover Evoque--as it makes a bid to appeal to fashion-conscious urbanites.

India's June Car Sales Up
The Indian automobile industry continued to register a robust growth, with Tata Motors reporting higher sales in June. Maruti and Hyundai Motors also achieved a higher sales growth for the month under review.

Auto Industry in the Headlines
JOHANNESBURG, SOUTH AFRICA--(Marketwire - 07/01/10) - www.rothmanresearch.com -- The Tesla Motors IPO early this week is definitely not the kind of headlines investors have been accustomed with regarding the U.S. automobile industry. News in this sector has been mainly subjugated by the near-death experience of the Detroit Three, General Motors, Ford Motor Co. (NYSE: F ...

Auto Industry in the Headlines
JOHANNESBURG, SOUTH AFRICA--(Marketwire - July 1, 2010) - www.rothmanresearch.com -- The Tesla Motors IPO early this week is definitely not the kind of headlines investors have been accustomed with regarding the U.S. automobile industry. News in this sector has been mainly subjugated by the near-death experience of the Detroit Three, General Motors, Ford Motor Co ...

Himfr Analyzes Touch Screen Industry's Future Market Space
Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, analyzes the touch screen industry's future market space.

Tesla Roadster 2.5 breaks cover:
Perhaps feeling a bit of chutzpah after a wildly successful stock offering this week, Tesla is demonstrating on Thursday that it still has an eye toward product, revealing the updated Tesla Roadster. And it's available for order now.

Audi adds V8 power to venomous R8 spyder:
Will a V8 lessen the bite of the Audi R8 spyder?

Toyota and Lexus cars may have problems with stalling engines:
More than a quarter-million Toyota cars sold worldwide--including many Lexus cars--have engines that may suddenly stall while the car is moving, Toyota said on Thursday.

June Auto Sales: Ford Motor Co.
Ford Motor Co. says its June sales rose 15 percent over last June, but dropped 13 percent from May as the broader auto industry lost steam. Ford said sales of cars and trucks were helped by a 58 percent increase in its F-series trucks and the 2011 Ford... Ford Motor Company - Ford - Automobile - Autos - Makes and Models

MARKETING
TRENDS: Vehicle sales shift to lower gear in June After the high of May, automobile sales dipped in June although they grew year-on-year. The industry attributed this to the monsoon, routine shut-down for plant maintenance and component ...

The Hindu Business Line : Vehicle sales shift to lower gear in June
After the high of May, automobile sales dipped in June although they grew year-on-year. The industry attributed this to the monsoon, routine shut-down for plant maintenance and component supply constraints.

Ford to Clear More than $4B in Debt
Ford has revealed that it would pay more than $4 billion in debt to the United Automobile Workers retiree health care trust in order to improve its financial position.

RM Auctions buys Auburn complex from Kruse:
RM Auctions has bought the Kruse International Auction Park in Auburn, Ind., from financially troubled auctioneer Dean Kruse and plans to hold the site's annual Labor Day weekend car auction Sept. 2-6.

The Audi R8 spyder gets a V8 engine, and test-driving the Aston Martin Rapide, in News Brake for Thursday, July 1:
In News Brake: Audi adds V8 power to the R8 spyder, trouble under the hood for Toyota, and we test-drive the Aston Martin Rapide . . . But Wait, There's More!

Mark Donohueand#8217;s 1971 Trans-Am champion Javelin hits the auction block:
A piece of Penske Racing history will be up for bid at Russo and Steeleand#8217;s 10th-anniversary Monterey Auction, Aug. 12-14.

High-Voltage Rollout: Chevrolet details launch plans for the 2011 Volt:
There will be a significant number of Chevrolet Volts hitting the nationand#8217;s streets in the coming months.

Viper Curtain Call: Final Snake rolls of the line in Detroit:
It's the end of the line for an icon. Clad in custom bronzed gold paint, the final current-generation Dodge Viper rolled off the assembly line today at a Detroit factory.

Mfg. industry inventory index breaks 50% for first time since 2009
The China Federation of Logistics and Purchasing (CFLP) published the manufacturing purchasing managers' index (PMI) for June on July 1. The index shows that the inventory index of the manufacturing industry in June stood at more than 51 percent, up 1.5 percentage points from last month.

Beleaguered Toyota to Recall 270,000 Cars Globally
Toyota to recall 270,000 cars to fix faulty engines; latest woes for world's largest automaker Toyota - Automotive industry - Lexus - Makes and Models - Automobile

Automobile industry experiences drop in sales
DETROIT Most automakers saw their U.S. sales drop from May to June, a sign that this year's slow recovery in the industry may be stalling. Americans are delaying big-ticket purchases because they're worried about their jobs in an environment of high unemployment.

South African Vehicle Sales Climb 20.7% in June From Year Ago, Body Says
South African vehicle sales climbed an annual 20.7 percent in June after the central bank cut interest rates for a seventh time and economic growth accelerated, an industry group said.

Himfr Reports: Aluminium Alloy Tubing Industry Will Experience New Growth
Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports that the aluminium alloy tubing industry will experience new growth.

Fisker Karma roadshow hits Elk Grove
More than 250 automobile enthusiasts admired the Fisker Karma, the worlds first premium plug-in hybrid electric that was on display June 29 at John Driebes Infiniti dealership in the Elk Grove Auto Mall.

Carbon fiber at the heart of BMW MegaCity electric car:
BMW has provided the clearest hint yet to the appearance and technical package of its upcoming MegaCity Vehicle in a pair of official sketches and detailed photographs of early-build prototypes revealing an initial four-door hatchback version of the...

June sales get a pick-me-up from pickups:
If there's a bright spot in June's tepid light-vehicle sales, it came from an unlikely segment.

Toyota plans recall for engine glitch next week:
Toyota Motor Corp. may next week recall up to 270,000 vehicles worldwide to fix an engine glitch.

2011 Ford Mustang Shelby GT500 Convertible, an AW Drivers Log:
EXECUTIVE EDITOR ROGER HART: Every summer solstice should be celebrated behind the wheel of a convertible, and one of the most potent convertibles on the planet, no less.

Mercedes-Benz CL gets a facelift for 2011:
Three years after its introduction, Mercedes-Benz has given the CL a mid-cycle facelift, providing the big two-door with lightly altered bumpers--those up front with new LED daytime running lamps, reshaped headlamps, a more contoured hood, larger...

A first look at the Range Rover Evoque, and wheel time with the Ford Mustang Shelby GT500, in News Brake for Friday, July 2:
Land Rover shows us the new Range Rover Evoque, BMW loads up on carbon fiber for the MegaCity Vehicle, and we get some seat time in the Ford Mustang Shelby GT500 . . . But Wait, There's More!

2010 Lexus GX 460, an AW Drivers Log:
SENIOR EDITOR FOR NEWS BOB GRITZINGER: This is one built-to-the-hilt SUV, with more gadgetry going on than most owners will likely ever need, let alone master.

AAA expects tourism boost for holiday
The American Automobile Association says travel numbers will jump nearly 20 percent from last year, fueled by an improving economy and lower fuel prices.

Fisker Karma roadshow hits Elk Grove
More than 250 automobile enthusiasts admired the Fisker Karma, the worlds first premium plug-in hybrid electric that was on display June 29 at John Driebes Infiniti dealership in the Elk Grove Auto Mall.

Fisker Karma roadshow hits Elk Grove
More than 250 automobile enthusiasts admired the Fisker Karma, the worlds first premium plug-in hybrid electric that was on display June 29 at John Driebes Infiniti dealership in the Elk Grove Auto Mall.

Ethanol industry wants same rubber stamp as BP
Once more, Big Energy is pushing Washington to ram through policy changes without nearly enough study, putting consumers and the environment at risk.

Twin Automobile signs deal with Chery Alado
KUCHING: Twin (Sarawak) Automobile Sdn Bhd (Twin Automobile) has secured a dealership with Chery Alado Automobile Sdn Bhd (Chery Alado), marking the latest milestone that represents another excellence service to its stakeholders by the company.

Solar panel maker has 850 jobs for Tipton
Abound Solar to buy unfinished plant once intended as transmission factory.

Higher US ethanol blend may revive auto industry
SAO PAULO- US automakers oppose raising the blend of ethanol in gasoline from the current 10 percent, saying cars wont run as well on higher blends, but Brazils experience shows their arguments are weak.

Obama Gets a Bum Rap With Anti-Business Charge: Albert R. Hunt
President Barack Obama rejected calls last year to nationalize the big banks, opting instead for market-based stress tests and injecting more private capital; he disappointed liberals by turning down a government-run national health-care program, and assists the struggling U.S. automobile industry to survive as a private enterprise.

MARKETING
INSIGHT: Auto industry sees strong growth in first quarter Excise duty hike, higher prices due to emission norms drive growth.

The Hindu Business Line : Auto industry sees strong growth in first quarter
The automobile industry has ended the first quarter on a strong note, with all the listed companies registering robust growth in vehicle sales over the same period last year.

Less Rhetoric Might Help the Economy
Many Americans really do believe that fat cats are privileged while they are getting the shaft, and it is in the interests of both the Obama administration and the business community to address that reality.

Bugatti Veyron 16.4 Super Sport hits 268 mph:
Bugatti is claiming a new production car top speed record with a combined two-run average of 267.9 mph (431.072 kph) with a new Veyron 16.4 Super Sport model, smashing the 253.76 mph record set by a standard Veyron 16.4 in 2005.

Hawk Systems, Inc. Launches Biometrics in the Auto Industry (Fingerprint Car Starter) SECUREPASSTM
WEST PALM BEACH, Fla.--Auto theft is one of the biggest problems in the US today.

Lift ban on Filipinos working in Afghanistan, govt urged
A recruitment industry consultant Sunday urged the government to lift the ban on the deployment of overseas Filipino workers (OFWs) to Afghanistan.

China June Passenger-Car Sales Growth Slows to 10.9%, Industry Group Says
Sales of cars, sport-utility vehicles and multipurpose vehicles to consumers rose to 839,228 units last month, the center said. That compares with 34 percent growth in April and 25 percent in May, according to the center.

Fisker Karma roadshow hits Elk Grove
More than 250 automobile enthusiasts admired the Fisker Karma, the worlds first premium plug-in hybrid electric that was on display June 29 at John Driebes Infiniti dealership in the Elk Grove Auto Mall.

No case of serious faults in Proton, Perodua vehicles
KUALA LUMPUR, July 5 There have been no cases of serious technical faults reported in Proton and Perodua vehicles, the Dewan Rakyat was told today. Both automobile producers have taken appropriate steps to meet international standards of safety and specifications, Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said. To ...

July-Sep to be weakest link for steel industry
NEW DELHI: The July-September period will see erosion of profitability of steel companies as the gloomy demand scenario would prevent them from hiking rates amid high input cost pressure, a government official said today.

Jaguar Land Rover Is New Eucar Member From July 2010
BRUSSELS July 5, 2010: The European Council for Automotive R&D (EUCAR), representing the major European automobile manufacturers in their common research activities, has confirmed Jaguar Land Rover as a new member. Jaguar Land Rovers membership officially began on 1st July 2010.

New industry to benefit from sewer fix
The Fort Payne City Council is expected to take the next step today toward repairing and expanding sewer lines on the south end of the city. City leaders have said the expansion will benefit A.P Plasman Corp., a new industry expected to initially add 200 new jobs.


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