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//06-09-2009

MARKET COMMENT: Miners,Automakers Lead Gains For Europe Shrs

LONDON (Dow Jones)--European shares climbed on Friday, with miners building on gains from the previous session and automakers also advancing, as some key U.S. jobs data showed that the rate of job losses slowed in August. The pan-European Dow Jones Stoxx 600 index rose 1.2% to 233.40, though it finished in negative territory for the week. On a regional level, the U.K. FTSE 100 index rose 1.2% to 4,851.70, the German DAX index climbed 1.6% to 5,384.43 ...


//03-08-2009

Political Football: Washington Runs the U.S. Auto Industry

All sides in Washington – Republicans, Democrats, the Obama Administration, the House and the Senate – agree without exception that they don’t want to get involved in micromanaging the U.S. auto industry.


//03-08-2009

Bailout for Iranian Automaker

The Iranian government is stepping in to help the largest carmaker in the Middle East. The Iranian government is helping bail out the country’s largest automaker, which ran into financial trouble after accumulating a nine-billion-dollar debt and could be facing bankruptcy. The Iran Khodro Company is the largest auto maker in the Middle East, with a production of one million cars per year.


//03-08-2009

Ford Posts First Sales Gain Since 2007 on ‘Clunkers’

Ford Motor Co. said U.S. sales rose in July, the first monthly gain from a year earlier since 2007, as buyers took advantage of the government’s “cash-for- clunkers” incentives. U.S. industry sales probably ran at an annualized rate of more than 10 million units last month for the highest level of 2009, George Pipas, Ford’s sales analyst, said today in an interview. He wouldn’t give details of July results before an announcement set for tomorrow.


//03-08-2009

From ‘Cash for Clunkers’ to Profitable Car Companies?

Congress might be rushing through more money for its Cash-for-Clunkers program, but to call it a success is a bit premature. There is no disputing that the program has proven more wildly popular than anticipated. Just a week after the rules for it were laid down, it ran out of money because more people wanted to participate than anyone had imagined. This, however, is only a sign of its popularity. Whether it is a success will come down to whether demand for new automobiles can be sustained.


//02-08-2009

Big 3 automakers join hands to settle the score in 2009 USCCC

US automakers are finally treading on a long tortuous path to sustained profitability. Every month Big 3 and other automakers compete in a hope to end up disclosing the best monthly sales report. Every quarter people eagerly look forward to their financial statements to compare the economic outlook of these corporations. Every year these corporations work hard to grab the top Quality awards and then towards the year-end they scramble to beat the expectation of gains in their market. However, there is one more arena where the Big-3 OEMs compete- in a sports park in Michigan playing cricket in US Corporate Cricket Championship (USCCC).


//20-07-2009

Ssangyong Vehicles Most Favored as Official Vehicles

- SYMC, supplies its vehicles to such government organizations as Korea Express Corporation, Korean Army, Navy and Air Force, and National Police Agency. - Ssangyong vehicles have been loved as official vehicles by many government organizations with its record-setting 1,000,000km boring-free performance. - Credibility has raised as Ssangyong continues supplying in the midst of company revival program.


//20-07-2009

Acura Vehicles Qualify For New Government Purchase Program

Following the announcement that President Obama signed the newly enacted Consumer Assistance to Recycle and Save (CARS) program, three Acura luxury vehicle models are expected to qualify for government credit vouchers under the stimulus program. The CARS program, also known as "Cash for Clunkers," is a government subsidy that encourages drivers to purchase a new, more fuel-efficient vehicle to replace an older, less fuel-efficient vehicle.


//20-07-2009

Honda to Begin Sales of Two More Hybrid Models in 2010


//19-07-2009

Best first half-year in company history for deliveries in China

AUDI AG has had its best half-year ever in China (including Hong Kong), with 66,866 cars delivered between January and June – up 11 percent compared with the first half of 2008. The market leader in the Chinese premium segment set a new sales record in June with 13,265 cars sold, an increase of 28 percent.


//19-07-2009

POLESTAR PERFORMANCE UPGRADE PACKAGE BRINGS VOLVO RACE TECHNOLOGY TO THE ROAD


//03-07-2009

CHINESE AUTOMAKERS LAUNCH 89 NEW MODELS IN H1


//03-07-2009

Automakers Halt Diesel Plans for U.S. Market

No less than six major automakers - the U.S. and Japanese Big Three - have halted their diesel projects for the U.S. due to the carnage of the automotive market in the last year, focusing instead on development of hybrids and electric cars. Automotive News reports that Chrysler, Ford, General Motors, Honda, Nissan, and Toyota have all stopped their U.S. diesel programs because of financial problems and limited development dollars. Only the German automakers - Audi, BMW, Mercedes-Benz, and Volkswagen - have followed through with plans to bring diesels to the U.S. market.


//03-07-2009

GM urges quick approval of sale plan


//03-07-2009

Automakers scrap diesel plans

Mainstream carmakers have put the brakes on nine diesel-powered vehicles that had been scheduled for 2010. Honda, Chrysler, Ford, General Motors, Nissan, and Toyota have halted diesel programs because of spiraling costs and other problems.


//02-07-2009

Automaker Optimism Prevails Despite Still-Weak June Car Sales

DETROIT — Automakers expressed optimism about the U.S. car market despite the fact that overall sales in June fell by 28 percent compared with a year ago


//25-06-2009

Energy Secretary Bares $8B Loans To Automakers For Building Green Cars


//25-06-2009

Automakers see color as low-cost way for cars to stand out

If the new cars in your parking garage seem to be more vivid, it may just be a sign of the economic times. Carmakers are increasingly turning to one of the cheapest, fastest ways to make a vehicle stand out: color.


//25-06-2009

Ford says more of its suppliers are ailing in 2009


//25-06-2009

Advanced DuPont Coatings Help Chinese Automakers Achieve Sustainability Goals

A new DuPont development laboratory and manufacturing facility in China are accelerating the adoption of coatings with improved environmental performance by Chinese automakers. The technical center, located in Shanghai, and the manufacturing operations in Changchun allow DuPont scientists to respond to their customers’ needs quickly and efficiently



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