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Auto News 02/2012

Auto stocks are on a roll
The anticipation of an economic downturn that fails to materialize opens the door for investors to scoop up stocks in unfairly penalized industries, particularly those in cyclical sectors such as the automotive industry, before those stocks recover to ...

PHL auto industry group predicts own fate: We might 'disappear' soon
Philippine Automotive Federation president Vicente Mills Jr. presents the draft auto manufacturing industry roadmap seeking support measures from government to help the sector recover from steep decline. Earl Rosero Feliciano Torres, president of ...

Workplace Relations Minister discusses economic plan and HSU inquiry
She's interested in keeping jobs; that's why we're doing what we are to support the automotive industry, unlike our political opponents, but she also recognises the key to job security in the future for a young person is to have skills so that you can ...

Capgemini: Transition in automotive sector is extremely complex
Capgemini global study calls on automotive sector to take measures to ensure stable future for established players. PARIS – Capgemini today announced the findings of its 2012 e-mobility report examining how the automotive industry is responding to the ...

Chrysler US sales up 44 percent in January on gains from Chrysler, Dodge, Jeep ...
Chrysler US sales up 44 percent in January on gains from Chrysler, Dodge, Jeep ...

Car industry must be supported: Warburton
Manufacturing Australia chairman Dick Warburton discusses the importance of a fully-functioning automotive industry in Australia. TICKY FULLERTON, PRESENTER: And yet another knock to the auto industry today, with unions declaring that Holden's ...

How China Will Conquer The US Auto Industry
Alexander Edwards, president of Strategic Vision, a research and consultant services firm involved with the automotive industry interests, said that in 2011, about 330000 of 13 million retail vehicle sales — or about 2.5% — were valued at $15000 or ...

Chrysler Turnaround Good Sign For Ohio Auto Industry
I'll take those numbers anytime," said George Kauffman, VP of Byers Automotive. Kauffman said Chrysler is on the upswing with the US automaker reporting its first annual net income since 1997. The company said that it made $183 million last year as ...

Autobytel Expects to Report Profitability for Full 2011 Year and Fourth Quarter
IRVINE, Calif., Feb 01, 2012 (BUSINESS WIRE) -- Autobytel Inc. /quotes/zigman/80675/quotes/nls/abtl ABTL -3.30% , a leading provider of online consumer purchase requests and marketing resources to the automotive industry, said today it expects to ...

Canada Auto Industry Seen Healthy to Start 2012
By Joshua Michelson OTTAWA (MNI) - The Canadian automobile industry has nearly returned to sales levels not seen since before the financial crisis, making analysts upbeat about the prospects for the coming year. In 2011, Canadians bought 1.59 million ...

Australian Auto Exports at 13-Year Low
“Our capacity to sustain large levels of export sales has largely evaporated,” said Ian Chalmers, chief executive officer of the Federal Chamber of Automotive Industries, a car industry lobbying group. “We're competing in an internationally difficult ...

Aussie auto industry braces for job cuts
With Holden cutting shifts and Toyota shedding jobs, the Australian automotive industry is bracing for change and is in the market for more government subsidies. CHRIS UHLMANN, PRESENTER: The Prime Minister says Australia's economy is the envy of the ...

Experian Automotive to Provide Vehicle History Reports via Edmunds.com
... the premier online resource for automotive information, today announced that it has teamed up with Experian Automotive, a leader in providing information services and market intelligence to the automotive industry, to make AutoCheck vehicle history ...

SiSTeR Technologies Integrates Video Publisher with ActivEngage Live Chat
Orlando, Florida (MMD Newswire) February 2, 2012 -- ActivEngage®, the automotive industry's premium live chat and real-time website intelligence and reporting solution, today announced that SiSTeR Technologies has integrated ActivEngage live chat into ...

Canada Auto Industry Seen Healthy to Start 2012
By Joshua Michelson OTTAWA (MNI) - The Canadian automobile industry has returned to sales levels not seen since before the financial crisis, making analysts upbeat about the prospects for the coming year. January vehicle sales increased 15% ...

How Tier 1 Automotive Suppliers Are Leading Consumers Toward Innovation
By Frédéric Charon, technology strategy manager for Faurecia In the not-so-distant past, product and system designers in the automotive industry made major changes to vehicles in response to consumer demands. Today, the auto industry has begun leading ...

Edmunds.com Analyst Column Debuts on Forbes.com with Preview of Automotive ...
Edmunds.com Analyst Column Debuts on Forbes.com with Preview of Automotive ...

Ally Financial Leads US Industry in Consumer and Dealer Auto Financing
"Ally has grown and diversified its business during the past couple of years, supporting the resurgence of the US auto industry," said Bill Muir, president of Ally. "We now have retail financing relationships with more than 14000 dealers in the US, ...

New Car Prices Rising Along With Sales
Cash rebates and other incentives also have dropped by more than $400 since 2008, according to the JD Power and Associates' 2012 annual automotive industry outlook released here on Friday before the start of the National Automobile Dealers Association ...

Auto Industry Not In Favor Of Proposed City Ordinance
Houston repair shop owners gathered at city hall to oppose an ordinance under consideration that would regulate the auto repair shop and collision shop industry. The city says it's meant to protect consumers. Repairers say the new rules would ...

US Auto Industry In Recovery Mode
The US auto industry is showing signs of a full recovery just three years after the financial crisis all but left the sector for dead, according to a presentation Friday by JD Power and Associates. Significantly, US consumers are paying historically ...

China Auto Parts and Service Show 2012
The event is expected to attract over 2000 exhibitors from the auto parts, technical equipment, repair and maintenance and accessories sectors. More than 30000 industry professionals from the domestic and foreign complete-vehicle OEM sector, ...

New Study on the US Automotive Service Market Topples Key Industry Myths
The overarching picture that emerges is one of a hyper-competitive market in serious flux, marked by a low rate (23%) of loyal auto service customers. Numerous findings will bust key industry myths: for instance, independent service providers are not ...

Progressive Auto Industry Roadmap Pushed
By BERNIE CAHILES-MAGKILAT MANILA, Philippines — For a change, various local automotive organizations have banded together to give the lethargic industry the needed shot in the arm to attain an objective the Philippines as an alternative automotive ...

Positive change in the auto industry
President Obama released a statement recently proclaiming that the American auto industries were back on top. In fact, the first quarter of 2011 marked the first time since 2004 that all three Detroit-based car companies (including Ford) released ...

Autocity aims to expand automotive services sector
"ZonesCorp conducted extensive studies to understand the requirements of the automotive industry in Abu Dhabi prior to developing the master plan," Al Qamzi said. "The main objective was to create a business environment that meets the specific needs of ...

With industry liberalisation Proton needs changes to be more competitive
By EUGENE MAHALINGAM PETALING JAYA: The year 2012 is expected to be an eventful period for the local automotive industry. The following are just a few questions to consider over the months to come. Industry players and analysts have forecast a modest ...

Analyst: 2012 a watershed in auto market
By Marvin Zhu (China Daily) As 2011 has drawn to a close, China's automotive industry has naturally turned its attention to this year's prospects. While naysayers talk about a continued weak market and optimists speculate about a rebound, ...

Average Cost of New Car Rises to over $28K, Report Finds
Consumers are now forking over more dough than ever to buy a car, an indication that the auto industry is steering back onto the road after swerving off four years ago. JD Power and Associates' 2012 annual automotive industry outlook reports that it ...

German Auto Industry Driving Semiconductor Demand
Demand for automotive and industrial semiconductors is exceptional and LED lighting is a promising growth segment. Companies here can rely on a strong backbone of qualified workers," said Jonathan Schoo, electronics and microtechnology expert at ...

Steep seasonal drop hits Brazil auto industry
Jan auto output drops 19 pct from Dec; sales also down * Downturn raises stakes for trade talks with Mexico SAO PAULO Feb 6 (Reuters) - A seasonal slump in Brazil's automotive output was especially strong in January as sales of imported cars surged, ...

Japan gets tough on auto industry collusion
Michael Smitka, an economics professor and specialist in Japanese auto-industry labor economics at Washington and Lee University, says the Fair Trade Commission was largely toothless before the laws were changed. “They'd have occasional campaigns to ...

Manheim Honors Automotive Woman of Year
Richards was given the award and honored at Northwood University's annual breakfast during the National Automobile Dealers Association convention in Las Vegas. “Rachel is a passionate advocate for our industry, her customers and her community,” stated ...

NCM® Associates and Northwood University Alliance Will Provide Automotive ...
NCM® Associates and Northwood University Alliance Will Provide Automotive ...

New blueprint for auto sector
By EUGENE MAHALINGAM PETALING JAYA: The Malaysia Automotive Institute (MAI) is developing a blueprint that will detail the development and enhancement of the local automotive industry up to year 2025. Chief executive officer Madani Sahari said the ...

Clint Eastwood's Chrysler ad "Halftime."
The imagery was powerful: Stern faces of workers and families in Detroit, aged plants rumbling back to work, a city resiliently fighting back from the devastating slump of the auto industry. The familiar, sandpaper voice of actor Clint Eastwood spoke ...

TIME Dealer of Year Honored
By Auto Remarketing Staff When the industry veteran chosen as the 2012 national TIME Dealer of the Year got a taste of the car business, he said he knew it was where he belonged. And in honoring this year's winner, the industry makes it evident it ...

Bailouts saved auto industry
Or, in the specific case of the automotive bailouts that so rankled many back in 2009, demagogy can be a heavy burden. Indeed, if current events are the judge, the battle over these bailouts is still being fought. In his recent State of the Union ...

Was Eastwood's Chrysler Ad Political?
The imagery was powerful: Stern faces of workers and families in Detroit, aged plants rumbling back to work, a city resiliently fighting back from the devastating slump of the auto industry. The familiar, sandpaper voice of actor Clint Eastwood spoke ...

A Pressing Matter
By Ulysses Ang (The Philippine Star) Updated February 08, 2012 12:00 AM 0 MANILA, Philippines - Half a million – that's the amount of people reliant on the Philippine automotive industry. This staggering figure alone should serve as a rallying call for ...

Were politics buried inside Eastwood's 'Halftime' commercial?
The imagery was powerful: Stern faces of workers and families in Detroit, aged plants rumbling back to work, a city resiliently fighting back from the devastating slump of the auto industry. The familiar, sandpaper voice of actor Clint Eastwood spoke ...

Auto workers petition government
AUTOMOTIVE industry workers are set to drive their message home to the federal opposition about the need for bipartisan support to maintain funding for the sector. Australian manufacturing workers from Holden, Toyota, Ford and component shops have ...

Coalition won't rush auto industry policy
By Andrea Hayward, AAP Updated February 8, 2012, 4:04 pm The federal coalition won't be rushed into revealing its plans for the car industry, after Prime Minister Julia Gillard urged automotive industry workers to pressure for bipartisan support for ...

New energy supplies may rock orthodox auto beliefs
The automotive industry found itself pointing in the same direction as environmental zealots because everybody agreed that scarce energy resources needed to be carefully husbanded. Both sides of the argument could agree about the need to drastically ...

Nasser warns about abandoning car industry
The former boss of Ford Motor Co in the United States, Jacques Nasser, said Australia would be shortsighted if it did not support the automotive industry as it goes through tough times. He said he was not calling for unqualified indefinite support, ...

Chicago Auto Show
Dan Zapata prepares a Dodge Challenger Tuesday in advance of the media preview for the Chicago Auto Show. Organizers say the event shows a “resurgence of the industry.” (Scott Olson / Getty Images) Chicago — The Chicago Auto Show just might have the ...

Auto supply firm Tenneco to increase Ga. workforce
Nathan Deal has announced that Tenneco, an automotive industry supply company, will expand its production lines and add 350 employees at its northeast Georgia facility. Authorities say the expansion will take place at the Lake Forest, Ill.-based firm's ...

US Auto Industry Made Stronger by Increase in Exports
When you look at the surge in hiring for the auto industry in the US one factor overlooked is the fact America has become a huge auto exporter. In fact, the US is on track to set a record for auto exports. Look at the numbers compiled by IHS Automotive ...

Record 2011 robotic sales fueled by automotive surge, onshoring
By Clare Goldsberry A revived and growing automotive industry along with an overall strengthening in manufacturing made 2011 a banner year for robotics sales in North America. New statistics released by the Robotics Industries Assn. (RIA) last week ...

Mexico Not Seeking To Renegotiate Auto Pact With Brazil
By Laurence Iliff Of DOW JONES NEWSWIRES MEXICO CITY (Dow Jones)--Mexican government and auto industry officials said they aren't seeking to renegotiate an auto and auto-parts trade pact with Brazil, although the country has sent a delegation to the ...


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