Auto News Jun 2009

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GM set to file for bankruptcy
DETROIT, May 31 (UPI) -- General Motors Corp. is set to file for bankruptcy protection and restructure its operations under the control of the U.S. government, industry sources said. (Mon, 01 Jun 2009 02:02:50 GMT)

The 31-Year-Old in Charge of Dismantling G.M.
Brian Deese, who had never even set foot inside an auto assembly plant, is the little-hand behind the restructuring of the American automobile industry. (Mon, 01 Jun 2009 02:56:04 GMT)

Tailfins, V-8s, Corvettes: The wake of an icon
For generations, General Motors fueled America's love affair with the automobile, building cars that defined their owners' status in life and the industrial might of the nation. But less than a year after entering its second century, the company that survived wars, international rivalry and even the Great Depression is being driven by the government into bankruptcy court. (Mon, 01 Jun 2009 08:05:21 GMT)

Japan new auto sales down 19 percent in May
Domestic sales of Japanese vehicles fell for the tenth straight month in May, an industry group said Monday, but the decline eased from recent months. (Mon, 01 Jun 2009 09:22:46 GMT)

After Many Stumbles, the Fall of an American Giant
Rarely has a company fallen so far and so fast as General Motors, which ruled the car industry for more than half a century. (Mon, 01 Jun 2009 09:40:03 GMT)

Putin says Opel deal 'must help Russian car industry'
The rescue of German carmaker Opel by Canada's Magna and Russian state-owned bank Sberbank must help the Russian car industry, Prime Minister Vladimir Putin said Monday, quoted by Interfax news agency. (Mon, 01 Jun 2009 15:50:09 GMT)

Opel deal must help Russian car industry: Putin
Russian Prime Minister Vladimir Putin told executives Monday that the rescue of German carmaker Opel by Canada's Magna and Russian state-owned bank Sberbank must help the Russian car industry. (Mon, 01 Jun 2009 16:07:36 GMT)

UPDATE: Opel Deal Must Help Russian Car Industry - Putin
MOSCOW (AFP)--The rescue of German carmaker Opel by Canada's Magna International Inc. (MGA) and Russian state-owned bank OAO Sberbank (SBER.RS) must help the Russian car industry, Prime Minister Vladimir Putin said Monday, quoted by Interfax news agency. (Mon, 01 Jun 2009 16:27:03 GMT)

Opel deal must help Russian car industry: Putin
A flag with the logo of US car maker General Motors in front of the Opel sign in Bochum, western Germany. Russian Prime Minister Vladimir Putin told executives Monday that the rescue of German carmaker Opel by Canada's Magna and Russian state-owned bank Sberbank must help the Russian car industry. (Mon, 01 Jun 2009 16:31:00 GMT)

$10.5B GM bailout, funds for Chrysler, necessary to save Cdn auto industry: Harper
TORONTO - It's regrettable that Canadian taxpayers are funding a $10.5-billion bailout of General Motors but the move is a necessary one to keep the auto industry in Canada amid a global recession, Prime Minister Stephen Harper said Monday. (Mon, 01 Jun 2009 21:06:00 GMT)

I was Romania’s car czar: lessons in nationalising your auto industry
Ion Mihai Pacepa ran Romania's car industry under the Soviet Union. With the US Government set to take over General Motors, he offers Congress some advice. (Tue, 02 Jun 2009 01:26:52 GMT)

Opel deal shall facilitate Russian auto industry: PM
Russian bank Sberbank's acquisition of shares in Opel should help boost the development of Russia's automobile industry, said Prime Minister Vladimir Putin here on Monday. "The Russian government has its own strategy to develop the automobile industry, and the deal we are talking about should be written into it," said Putin at a meeting with Sberbank's chairman German Gref, Russian Industry and ... (Tue, 02 Jun 2009 02:41:50 GMT)

‘Bailout’ it’s not, Virginia bankers say
Virginia bankers cringe at the word “bailout.“ Many have applied for money that the federal government began offering last fall to boost lending in frozen credit markets. But banking officials don’t want to be included with AIG Inc. and Citigroup Inc., or the automobile-manufacturing industry, as beholden to federal taxpayers for their financial prosperity. (Tue, 02 Jun 2009 04:08:41 GMT)

Research and Markets: This Essential 2009 U.S. Automotive Exhaust System Repair Industry Report Contains Timely and ...
DUBLIN----Research and Markets has announced the addition of the "2009 U.S. Automotive Exhaust System Repair Industry Report" report to their offering. (Tue, 02 Jun 2009 11:53:00 GMT)

St. Louis rich in auto industry history
St. Louis rich in auto industry history (Tue, 02 Jun 2009 13:12:18 GMT)

Auto sales show uptick
With May U.S. car and truck sales up 13% over April's tally, industry experts say the automobile market has finally bottomed out after suffering one of its worst declines in history. (Wed, 03 Jun 2009 05:10:37 GMT)

GM to sell Hummer to Chinese company
NEW YORK - Bankrupt automobile maker General Motors said Tuesday it has reached a tentative deal to sell Hummer, its military-style-vehicle brand, to Sichuan Tengzhong Heavy Industrial Machinery Co. Tengzhong, based in the Chinese province of Sichuan, is a privately owned company that makes road, construction and energy-industry equipment. Final terms of the deal, expected to close in the third ... (Wed, 03 Jun 2009 07:41:12 GMT)

Govt may impose 10% safeguard duty on aluminum product imports
India is contemplating 10 per cent safeguard duty on imports of key aluminum products used in the automobile and machinery sector to protect the domestic industry against cheap shipments mainly from China, South Korea, Oman and Iran, an official said. (Wed, 03 Jun 2009 09:27:11 GMT)

Chonqing energy-saving, new energy auto industry alliance established
Chonqing energy-saving and new energy auto industry alliance, in which Chongqing Changan Automobile Co. Ltd. plays the leading role, was established on Jun. 2. With over 30 automakers, components producers and research institutes, the alliance is aimed at building the largest new energy vehicle research and development, manufacturing and application base. Chongqing municipal government will ... (Wed, 03 Jun 2009 10:26:25 GMT)

World auto industry reshuffles amid crisis
A severe crisis beginning during the second half of 2008 has forced the world's auto industry into a total shakeup, as new players and others compete in a landscape under new rules. &$ &$The logo of General Motors Corp. (GM) is seen in front of the GM headquarters in Detroit, the United States, April 15, 2009. The largest U.S. automaker, General Motors Corp., officially filed for bankruptcy ... (Wed, 03 Jun 2009 10:28:26 GMT)

Research and Markets: This 2009 U.S. Automotive Transmission Repair Industry Report Contains Timely and Accurate ...
DUBLIN----Research and Markets has announced the addition of the "2009 U.S. Automotive Transmission Repair Industry Report" report to their offering. (Wed, 03 Jun 2009 12:14:00 GMT)

South Africa: Recession Adds More Strain to Motor Industry
Johannesburg — The National Association of Automobile Manufacturers of SA (Naamsa) yesterday reported that new vehicle sales plunged 34,7% year on year last month to 25819 units - excluding Associated Motor Holdings figures - with new passenger car sales dropping 27,2% to 16505. (Wed, 03 Jun 2009 12:47:18 GMT)

Research and Markets: 2009 U.S. Testing Laboratories Industry Report - Features 2009 Current and 2010 Forecast Estimates
DUBLIN----Research and Markets has announced the addition of the "2009 U.S. Testing Laboratories Industry Report" report to their offering. (Wed, 03 Jun 2009 15:00:00 GMT)

Dealers positive despite crumbling industry
Is it the death of the North American auto industry or its re-birth? Amid all the talk of bailouts and bankruptcy, there are many who feel that dramatic changes in the auto industry were necessary and long overdue. (Wed, 03 Jun 2009 19:46:00 GMT)

What can China's auto industry learn from GM's bankruptcy?
There are many reasons for the decline of General Motors Corporation (GM), which led them down the path from being the world's top automaker for 77 consecutive years to filing for bankruptcy protection. The revelation brought to China's automobile industry can also give multiple lessons. Firstly, it is about the relations between becoming big and becoming refined and strong. Following numerous ... (Thu, 04 Jun 2009 06:22:06 GMT)

Switch to a smarter fuel for cars, trucks -- and to help local industry
Saying Detroit is heading in a new direction is like saying you know it's daytime because the sun's out. (Thu, 04 Jun 2009 07:09:55 GMT)

Feinstein, carmakers clash on cash for clunkers
Desperate to prop up U.S. car sales, Congress is moving closer to passing a cash-for-clunkers bill that is less about greening the environment and more about greening the auto industry. The cash-for-clunkers concept involves paying people, with public funds,... Sponsored Topics: United States - Automotive industry - Automobile - Business - US (Thu, 04 Jun 2009 07:39:39 GMT)

Live chat with W.Va. Auto and Truck Dealers Association President Ruth Lemmon
Ruth Lemmon, president of the state Automobile and Truck Dealers Association talks about the auto industry in light of GMs bankruptcy today. ... (Thu, 04 Jun 2009 13:35:46 GMT)

Two Different Dealers, Two Different Futures
What follows is essentially a candid and emotional response from two long-time U.S. car dealers to the traumatic events of the past few weeks, an historic time span during which the landscape of the U.S. automobile industry changed forever. (Thu, 04 Jun 2009 21:03:57 GMT)

Auto industry's ills continue to ripple locally
General Motors' recent bankruptcy filing, coming just weeks after Chrysler filed for bankruptcy, adds to the uncertainty looming over the auto industry-related businesses throughout upper Hampton Roads. (Fri, 05 Jun 2009 02:17:36 GMT)

Automotive Battery Industry Growing, Germany a Key Driver
The automotive battery industry is growing at a rapid rate despite the economic crisis. The increased focus on hybrid and electric vehicles has led to battery innovation and market growth. (Fri, 05 Jun 2009 08:00:00 GMT)

Automotive Battery Industry Growing, Germany a Key Driver
Berlin (ots) - The automotive battery industry is growing at a rapid rate despite the economic crisis. The increased focus on hybrid and electric vehicles ... (Fri, 05 Jun 2009 08:20:46 GMT)

Role of logistics industry in economic structuring
The Third Beijing Forum on the Modernization of Economic Circulation in China has been held recently. The forum, or a high-level summit on the strategy of logistic revitalization was sponsored jointly by Beijing Wuzi University and the China Federation of Logistics and Purchasing, the country’s only legal large-scale comprehensive social organization. The logistics industry restructuring is of ... (Fri, 05 Jun 2009 08:25:02 GMT)

Nigeria: N4 Billion Auto-Mobile Fund Missing - Representatives
The House of Representatives' committee on Industry has declared that an allocation of N4bn meant for the development of the automobile industry was missing. (Fri, 05 Jun 2009 09:18:50 GMT)

Automotive Battery Industry Growing, Germany a Key Driver
BERLIN - June 5, 2009: The automotive battery industry is growing at a rapid rate despite the economic crisis. The increased focus on hybrid and electric vehicles has led to battery innovation and market growth. (Fri, 05 Jun 2009 09:27:37 GMT)

Many automobile makes have become extinct
In American automobile history there have been over 2,500 separate makes of automobiles produced. Less than a dozen of these survive today and remain in production. (Fri, 05 Jun 2009 10:35:45 GMT)

'See the USA' in your government car
"See the USA in your Chevrolet America is asking you to call. Drive your Chevrolet through the USA, America's the greatest land of all." Fifty years ago, those words set to music each week on NBC's "The Dinah Shore Show" reflected an America and an automobile industry that is no more. (Sat, 06 Jun 2009 04:04:00 GMT)

Audi preview
Ingolstadt/Le Mans -- Logical lightweight construction, downsizing, efficiency and the best possible aerodynamics -- the same subjects which currently occupy the brains of the automobile industry development departments are also key elements in the 24 Hours of Le Mans held for the 77th time on the weekend of June 13/14. (Sat, 06 Jun 2009 04:54:43 GMT)

'Old' Chrysler upholds Lemon Law
With the latest news out of the auto industry surrounding GM's recent entrance into Chapter 11 bankruptcy, the possible move to sell its Hummer brand to a manufacturing company out of China and another possibility of a Saturn sale to Penske - though industry funds and jobs may be dwindling - one thing in abundance when it comes to the future of the automobile is uncertainty. (Sat, 06 Jun 2009 10:17:45 GMT)

LEMANS: Audi preview
Le Mans debut for new Audi R15 TDI Ingolstadt/Le Mans -- Logical lightweight construction, downsizing, efficiency and the best possible aerodynamics -- the same subjects which currently occupy the brains of the automobile industry development departments are also key elements in the 24 Hours of Le Mans held for the 77th time on the weekend of June 13/14. In the world's most famous endurance race ... (Sat, 06 Jun 2009 12:14:47 GMT)

CAL THOMAS: See the U.S.A. in your government car
America is asking you to call. America's the greatest land of all." Fifty years ago, those words set to music each week on the old NBC "The Dinah Shore Show" reflected an America and an automobile industry that is no more. (Sat, 06 Jun 2009 13:21:11 GMT)

FOXBusiness: Auto Industry's Future Lineup
The bruised auto industry faces an uphill battle and is betting this year’s automobile line up will put an end to their hemorrhaging balance sheets. Here is a look at the cars the Big Three plans to introduce to the market. (Sat, 06 Jun 2009 16:38:47 GMT)

Auto Industry Anger
U.S. Congressman Don Manzullo says auto industry is taking bankruptcy too far. (Sun, 07 Jun 2009 02:52:02 GMT)

Car industry laid to rest
"See the USA in your Chevrolet America is asking you to call. Drive your Chevrolet through the ... (Sun, 07 Jun 2009 03:34:58 GMT)

Guest Column: Nationalization by other means (12:00 6-7-09)
Last fall, before taxpayers bailed out Chrysler and GM, we were told bankruptcy was out of the question. The government argued the automobile industry is too important to fail. The politicians claimed a tsunami of job losses would follow from bankruptcy, the capital markets would panic, and it would insure we had a major depression. Now, after the commitment of some $100 billion to Chrysler and ... (Sun, 07 Jun 2009 04:07:39 GMT)

Eye on the Pie column: No single cause found for American auto industry death
The congressional committee opened its hearings with this question: Who killed the American auto industry? A long line of people waited to answer. (Sun, 07 Jun 2009 05:19:52 GMT)

CAL THOMAS: See the U.S.A. in your government car
America is asking you to call. America's the greatest land of all." Fifty years ago, those words set to music each week on the old NBC "The Dinah Shore Show" reflected an America and an automobile industry that is no more. (Sun, 07 Jun 2009 05:23:51 GMT)

ARTOC of Egypt Considers Investing in U.S. Automobile Industry
June 7 (Bloomberg) -- ARTOC Group for Investment and Development, an Egyptian company with interests in real estate and industry, is examining opportunities to invest in U.S. auto companies, Chairman Shafik Gabr said. (Sun, 07 Jun 2009 11:06:41 GMT)

GM filing hits toolmakers
Makers of tools and moulds for automobile parts in Canada and the United States are delaying shipments to Toyota Motor Corp. and other automakers because they fear they won’t be paid by large suppliers to bankrupt General Motors Corp., according to sources familiar with the situation. (Sun, 07 Jun 2009 13:45:03 GMT)

Industry urges govt to urgently address liquidity problems of businesses
Automobile manufacturers, hotel operators and property companies are urging the government to take a serious look at financial institutions' loan extensions, saying liquidity shortages have become the most urgent problem for Thai businesses. (Sun, 07 Jun 2009 17:28:33 GMT)

Auto Dealers Parlay Gifts, Grassroots to Win Allies in Congress
June 8 (Bloomberg) -- Automobile dealers have been among the biggest contributors to U.S. political campaigns over the past decade, surpassing all but two groups in donations. That investment may be paying off as the dealers get a lot of attention on Capitol Hill. (Mon, 08 Jun 2009 04:01:00 GMT)

India's May car sales rise 2.5 pct y/y -industry
NEW DELHI, June 8 (Reuters) - Car sales in India rose an annual 2.5 percent in May, an industry body said on Monday, helped by improving financing after a run of aggressive interest rate cuts and stimulus packages. (Mon, 08 Jun 2009 04:12:09 GMT)

Eye on the Pie column: No single cause found for American auto industry death
The congressional committee opened its hearings with this question: Who killed the American auto industry? A long line of people waited to answer. (Mon, 08 Jun 2009 05:19:22 GMT)

Auto industry turmoil roils ad spending
The closure of five Baltimore-area Chrysler dealers could be another blow to local media, which has already seen fewer ad dollars from the automobile industry during the recession. (DISH) (Mon, 08 Jun 2009 05:50:48 GMT)

Joint effort to save jobs
Deputy Prime Minister Korbsak Sabhavasu on Monday morning signed a cooperation agreement between the Industry Ministry and 80 companies under the Federation of Thai Industries for a programme to delay lay-offs in the automobile and electrical sectors. (Mon, 08 Jun 2009 06:51:00 GMT)

Indian vehicle sales fall 3.6 percent in May
India's automobile sales fell 3.6 percent in May from the year before to 171,623 vehicles while exports continued to grow, according to industry figures released Monday. (Mon, 08 Jun 2009 09:03:36 GMT)

'Old' Chrysler upholds Lemon Law
With the latest news out of the auto industry surrounding GM's recent entrance into Chapter 11 bankruptcy, the possible move to sell its Hummer brand to a manufacturing company out of China and another possibility of a Saturn sale to Penske - though industry funds and jobs may be dwindling - one thing in abundance when it comes to the future of the automobile is uncertainty. (Mon, 08 Jun 2009 11:32:44 GMT)

Animation industry to create up to 3.5 lakh jobs by 2011
The number of professionals to be employed in the Indian animation industry in FY09-10 is expected to increase at a compound annual growth rate of 20% from the existing 18 %. (Mon, 08 Jun 2009 20:31:50 GMT)

Industry seeks excise duty cut on non-ferrous trade to 6%
The non-ferrous trade and industry has requested the union government to bring down the excise duty on non-ferrous trade from 8% to 6% as this will definitely give a boost to the sinking non-ferrous metals trade & industry. (Mon, 08 Jun 2009 20:39:03 GMT)

MCOT Public Company Limited.2008
BEIJING, June 9 (Xinhua) -- China's automobile sales will "definitely break the 10-million-unit barrier" in 2009, the China Passenger Car Association said, raising its forecast for the automobile industry this week on the back of a robust growth in vehicle sales in May, the fifth consecutive month it has climbed this year. (Tue, 09 Jun 2009 02:10:47 GMT)

China Jan-May Auto Sales Up 14.3% To 4.96 Million Units -Xinhua
BEIJING -(Dow Jones)- China's January-May auto sales rose 14.3% from a year earlier to 4.96 million units due to government policies to support the industry, the official Xinhua News Agency reported Tuesday, citing data from the China Association of Automobile Manufacturers. (Tue, 09 Jun 2009 06:56:10 GMT)

Sweden Industry Min: Saab's Fate Still Undecided - Interview
STOCKHOLM -(Dow Jones)- Sweden's industry minister Tuesday told Dow Jones Newswires it was "very difficult to say" whether Saab Automobile AB will succeed in finding a new owner that will allow it to survive after General Motors Corp. (GM) cuts its ties. (Tue, 09 Jun 2009 11:26:32 GMT)

Penske-Saturn deal could change how cars are sold
Roger Penske's pending purchase of the Saturn brand from General Motors could be the beginning of the biggest change in how cars are sold since the dawn of the auto industry early last century. (Tue, 09 Jun 2009 12:20:05 GMT)

Developing the Links Between Industry and Higher Education Institutions in Automotive Engineering
BRATISLAVA, SLOVAKIA – June 6, 2009: International automotive engineering society, FISITA, will host its first Educators Seminar, Developing the links between Industry and Higher Education Institutions in Automotive Engineering, on Monday 29 June 2009, at the 12th European Automotive Engineering Congress (EAEC) in Bratislava, Slovakia. (Tue, 09 Jun 2009 14:23:18 GMT)

China car sales soar (Business Times
BEIJING: Auto sales in China soared 34 per cent year-on-year in May, with passenger car purchases growing strongly due to government stimulus measures, an industry association said yesterday. More than 1.1 million cars were bought last month, bringing sales in the first five months to 5 million, up 14.3 per cent from last year, the China Association of Automobile Manufacturers said in a ... (Tue, 09 Jun 2009 16:46:34 GMT)

Weeding out the issue
With the automobile industry in shambles, Danny Trevino said Michigan needs a new identity. To him, that identity is medical marijuana. “There are two other states that are going to capitalize (on it) in the country,” he said. “It’s either going to be Michigan or California. Michigan deserves it. (Wed, 10 Jun 2009 04:18:52 GMT)

IT industry still attracts students
The latest Nielsen Campus Track T-Schools study revealed that 43 per cent of India's engineering graduates of the class of 2010 find IT the most desirable sector for a career, followed by automobile/automobile ancillary, telecom, energy-oil & gas, infrastructure/ real estate and power sectors. The meltdown has decreased overall students' preference for management consultancies, financial sector ... (Wed, 10 Jun 2009 05:36:45 GMT)

Bentley teases Arnage successor:
Bentley is giving a glimpse of its future this morning with a teaser shot of the Arnage successor due out in 2011. (Wed, 10 Jun 2009 06:41:00 EST)

2010 Chevrolet Equinox to emphasize fuel economy:
Unlike the previous generation which only came with a V-6 engine, the redesigned Equinox comes with a base 2.4-liter direct injected four-cylinder engine. Customers can get a V-6 option. (Wed, 10 Jun 2009 08:21:00 EST)

Chrysler blew prebankruptcy chance to sell Viper, buyer says:
Michigan businessman Scott Devon was surprised to learn that no one was interested in buying Chrysler’s Dodge Viper business. (Wed, 10 Jun 2009 08:37:00 EST)

Crashing the party: An tire incident in the Ford Fiesta:
If you want to read about how the car drives, that review is coming in our next issue. For now, I’ll tell you how it crashes. (Wed, 10 Jun 2009 08:56:00 EST)

Research and Markets: The Essential 2009 U.S. Motorcycle & Bicycle & Parts Manufacturing Industry Report is Now ...
DUBLIN----Research and Markets has announced the addition of the "2009 U.S. Motorcycle & Bicycle & Parts Manufacturing Industry Report" report to their offering. (Wed, 10 Jun 2009 08:56:00 GMT)

Regional automakers stress flexibility in turbulent times
BIRMINGHAM -- Automobile makers must make sure their suppliers are solvent and nearby if they want to survive the current economic downturn, according to industry insiders and consultants. (Wed, 10 Jun 2009 09:09:22 GMT)

‘Cash-for-clunkers’ bill clears House:
The “cash-for-clunkers” legislation cleared another hurdle Tuesday, winning passage in the U.S. House of Representatives. (Wed, 10 Jun 2009 09:56:00 EST)

Weeding out the issue
With the automobile industry in shambles, Danny Trevino said Michigan needs a new identity. To him, that identity is medical marijuana. “There are two other states that are going to capitalize (on it) in the country,” he said. “It’s either going to be Michigan or California. Michigan deserves it. We have nothing, and medical marijuana is a nice way out.” (Wed, 10 Jun 2009 12:21:27 GMT)

‘New’ Chrysler emerges as alliance with Fiat sealed:
A new Chrysler, culled from the best assets of the old company and led by Fiat, became a reality Wednesday. (Wed, 10 Jun 2009 13:28:00 EST)

There were bidders for the Dodge Viper business, and 'cash for clunkers' advances, in News Brake for Wednesday, June 10:
In today's News Brake: Two Michigan businessmen say they put in bids for the Dodge Viper business but were denied; more details spill out in the battle between NASCAR and suspended driver Jeremy Mayfield; and the "cash-for-clunkers" bill moves... (Wed, 10 Jun 2009 13:28:00 EST)

General Motors files for bankruptcy :
General Motors, the largest U.S. automaker and one of the industrial icons that helped define the nation’s economic growth and prosperity for most of the 20th century, filed for bankruptcy Monday morning in New York. (Mon, 1 Jun 2009 08:55:00 EST)

Green Cars: Report on hybrid and other alternative fuel cars
In terms of green car technology, North America is just catching up to the rest of the world. As green technology costs come in line with the value to the consumer, we'll probably see more eco-friendly cars hit the street. Whether it's gasoline-electric hybrids, hydrogen fuel cells, electric, new-generation diesel or the next big thing, AutoWeek cover it on these pages. (Mon, 1 Jun 2009 09:44:56 EST)

Judge OKs Chrysler sale to Fiat-run group :
Chrysler, Detroit’s No. 3 automaker and the first felled into bankruptcy by declining sales and the global economic downturn--is poised to emerge after a judge approved the sale of most of its assets to an entity run by Italy’s Fiat. (Mon, 1 Jun 2009 10:09:00 EST)

It's time to reset 'conventional' thinking on GM, Chrysler:
And so it begins: The General Motors Corp. bankruptcy came today, something the federal government is calling a “strategic, surgical” bankruptcy. (Mon, 1 Jun 2009 10:38:00 EST)

Tata Motors statement on the visit of the Thai Minister of Industry to India
The recent visit to Tata Motors’ operation in India by Thailand’s Minister of Industry Mr. Charnchai Chairungrueng has paved the way for new opportunities for cooperation between the two countries. T (Thu, 11 Jun 2009 05:37:25 GMT)

Va., Md. losing 100 car dealerships
A "staggering" 100 Chrysler and General Motors franchises have been or will be terminated in Virginia and Maryland, potentially costing the states thousands of jobs, according industry group executives. Sixty dealers in Virginia have either lost their Chrysler franchises as of Tuesday or have received "wind down" letters from GM, said Don Hall, president of the Virginia Automobile Dealers ... (Thu, 11 Jun 2009 08:47:46 GMT)

Chevrolet Corvette No. 1.5 million rolls off the line:
The Chevrolet Corvette, one of top icons of America autos, has hit another milestone--1.5 million units built. (Thu, 11 Jun 2009 09:05:00 EST)

Regional automakers stress flexibility in turbulent times
BIRMINGHAM -- Automobile makers must make sure their suppliers are solvent and nearby if they want to survive the current economic downturn, according to industry insiders and consultants. (Thu, 11 Jun 2009 09:10:23 GMT)

China's Beijing Auto interested in Volvo: report
Beijing Automotive Industry Holding Corp (BAIC) is interested in buying Ford Motor Co's Volvo car unit, the Wall Street Journal reported, adding a new name to a list of potential Chinese bidders for the Swedish luxury car brand. (Thu, 11 Jun 2009 09:14:13 GMT)

Research and Markets: The Essential 2009 Market Investigation Report on China's New Energy Automobile Industry is ...
DUBLIN----Research and Markets has announced the addition of the "Market Investigation Report on China's New Energy Automobile Industry, 2009" report to their offering. (Thu, 11 Jun 2009 10:45:00 GMT)

Study: Internet Economy has Created 1.2M Jobs
As the automobile industry sheds jobs, it comes as good news that over the last decade or so the Internet has created 1.2 million jobs, many paying higher salaries than average, a new study finds. (Thu, 11 Jun 2009 11:03:38 GMT)

Beijing Auto Said to Eye Volvo
Beijing Automotive Industry Holding is interested in buying Ford Motor ’s Volvo unit, The Wall Street Journal reported, adding a new name to a list of potential Chinese bidders for the Swedish luxury car brand. (Thu, 11 Jun 2009 11:18:30 GMT)

U.S. Retail Sales Gain for First Time in Three Months (Update1)
June 11 (Bloomberg) -- Sales at U.S. retailers rose in May for the first time in three months as shoppers returned to automobile showrooms seeking bargains from the ailing carmakers. (Thu, 11 Jun 2009 13:33:19 GMT)

GM offers incentives for buyers not afraid of bankruptcy :
Buyers not spooked by the specter of the General Motors bankruptcy can snare some decent deals. (Mon, 1 Jun 2009 11:34:00 EST)

Suzuki sedan spied as Kizashi project remains on track:
The future Suzuki sedan appears well on its way to arriving at U.S. dealerships later this year, and spy shooters have again caught it during testing. (Thu, 11 Jun 2009 13:57:00 EST)

A Suzuki is spied, and Corvette rolls over a magical number, in News Brake for Thursday, June 11:
In today's News Brake: The Kizashi concept from Suzuki appears well on the way to production; Lewis Hamilton's championship-winning ride from 2008 gets a fitting home; and the iconic Corvette rolls out a milestone car. (Thu, 11 Jun 2009 14:32:00 EST)

Swedish sports-car maker Koenigsegg buying Saab, reports say:
General Motors has chosen Swedish luxury sports car maker Koenigsegg Automotive AB as the preferred bidder for the Saab brand, news reports said. (Thu, 11 Jun 2009 14:50:00 EST)

Research and Markets: 2009 U.S. General Automotive Repair Industry Report Contains 2009 Current and 2010 Forecast ...
DUBLIN----Research and Markets has announced the addition of the "2009 U.S. General Automotive Repair Industry Report" report to their offering. (Thu, 11 Jun 2009 15:00:00 GMT)

Vintage motorcycles set to take over Road America:
Road America will be two-wheel heaven this weekend, as the iconic circuit plays host to vintage-motorcycle racing. (Thu, 11 Jun 2009 16:01:00 EST)

Research and Markets: The Essential 2009 Market Investigation Report on China's New Energy Automobile Industry is ...
DUBLIN-- Research and Markets has announced the addition of the "Market Investigation Report on China's New Energy Automobile Industry, 2009" report to their offering. (Thu, 11 Jun 2009 16:23:09 GMT)

Pre-Owned Automobile Dealers Alliance Makes Debut
CARY, NC – As the Pre-Owned Automobile Dealers Alliance continues to gain momentum and build its array of services for dealers, the organization announced that it has named an executive director. (Thu, 11 Jun 2009 17:02:51 GMT)

Honda celebrates 50 years in America:
Honda is 50 years old today, and much of its early success is the result of a series of brave, bold decisions acted upon by smart engineers-turned-executives. (Thu, 11 Jun 2009 17:05:00 EST)

Small Carmaker May Blaze Plug-In Trail
The big automakers are racing to bring to market the future of automobile travel, but Coda Automotive is beating them to the punch with its $45,000, five-passenger, four-door sedan. It has already lined up a Chinese partner to build the car and its battery design could become the standard for the industry. (Thu, 11 Jun 2009 20:33:12 GMT)

Kia Forte places emphasis on styling, value:
The new Forte replaces the Kia Spectra compact sedan for 2010. Kia’s biggest seller gets new skin and a wider, longer version of the Hyundai Elantra platform but falls short in simple things like the workings of shifters and clutches. (Thu, 11 Jun 2009 22:09:00 EST)

Regional automakers stress flexibility in turbulent times
BIRMINGHAM -- Automobile makers must make sure their suppliers are solvent and nearby if they want to survive the current economic downturn, according to industry insiders and consultants. (Thu, 11 Jun 2009 22:10:13 GMT)

Lexus LF-A to hit the road at Tokyo show and Citroën may build the GT: News Brake for Monday, June 1:
In today's News Brake: GM steps into bankruptcy as Chrysler is ready to step out, the production version of the Lexus LF-A may get its debut at the Tokyo motor show, and Citroën executives take a close look at building the GT concept . . . (Mon, 1 Jun 2009 13:16:00 EST)

Future GM products remain on track, despite bankruptcy:
Despite the gut-wrenching restructuring in bankruptcy that lies ahead for General Motors, key upcoming products remain on track and GM’s future showroom will be a source of strength, the company said Monday. (Mon, 1 Jun 2009 14:56:00 EST)

New Honda wagon spied testing before fall debut:
You need some cargo room, but you don't want an SUV, a minivan or a pickup. What to buy? Honda thinks it might have an answer in this wagon with a sporty, sloped roofline. (Mon, 1 Jun 2009 15:07:00 EST)

Vietnam’s automobile industry still without key line
VietNamNet Bridge – Contentions arise every time Vietnam adjusts automobile tax policies. It is simply because policymakers still don’t know what the priority line of automobiles is that should be receiving tax incentives. (Fri, 12 Jun 2009 06:34:08 GMT)

Heavy industry props up highest output rebound in 7 months
China's industrial output saw a year on year increase of 8.9 percent in May, the highest growth since October 2008. The National Bureau of Statistics said on June 12 that the rebound of the heavy industry was the main driving force. The decrease in power generation was 0.8 percentage points lower than that in April, reflecting proportional movement with industrial output. The heavy industry was ... (Fri, 12 Jun 2009 08:31:02 GMT)

2010: Maserati GranTurismo: Fun is automatic :
Having two personalities is not normally desirable, but for the Maserati GranTurismo S Automatic, it works. (Fri, 12 Jun 2009 09:18:00 EST)

Camaro, Mustang and Challenger saddle up modern pony-car wars:
Forty summers ago was a magical time for performance-car enthusiasts--specifically for fans of high-horsepower pony cars. The summer of 1969 broke with Detroit in a high-octane horsepower war among the Big Three automakers. (Fri, 12 Jun 2009 09:29:00 EST)

Internet creating new, high-paying jobs
As the automobile industry sheds jobs, it comes as good news that over the last decade or so the Internet has created 1.2 million jobs, many paying higher salaries than average, a new study finds. (Fri, 12 Jun 2009 10:07:09 GMT)

Carroll Shelby charity modifies name, expands aid:
Carroll Shelby’s charity that helps young people is changing names and expanding its reach. (Fri, 12 Jun 2009 10:18:00 EST)

Events here today to celebrate woman's 1909 cross-country drive
The first years of the new millennium have witnessed a parade of centennials celebrating Buffalo's central role in the birth of the automobile industry. (Fri, 12 Jun 2009 12:29:34 GMT)

A battle brews in Formula One, and Saab has a buyer, in News Brake for Friday, June 12:
In today's News Brake: The FIA names the teams for next year's Formula One series, and a battle is brewing; we bring you a pony-car showdown; and Swedish sports-car maker Koenigsegg is said to be the winning bidder for Saab ... (Fri, 12 Jun 2009 15:12:00 EST)

Bentley history takes center stage at Pebble Beach:
Bentley’s blend of aristocratic cars and pure speed will take center stage at the Pebble Beach Concours d’Elegance as the storied British luxury carmaker marks its 90th anniversary. (Fri, 12 Jun 2009 15:31:00 EST)

Ford cranks out new 351 performance engine block:
Ford Racing has released a new performance engine block based on the architecture of the automaker's famed Windsor 351. (Fri, 12 Jun 2009 16:04:00 EST)

Predictions for the future of the auto industry
With the auto industry limping and Detroit's one-time Big Three devolving into the Big One (Ford) and Questionable Two (Chrysler and General Motors), how can we expect the future of the industry to unfold? (Sat, 13 Jun 2009 01:27:20 GMT)

Automobile dealer Towbin dies at 54
New car dealers who traced their Southern Nevada roots back generations dominated the business 20 years ago when Daniel Towbin and his family moved here. But Towbin, the second generation of a car dealership family in New Jersey, built an empire and left a legacy of community support. (Sat, 13 Jun 2009 09:21:39 GMT)

Car dealer stuck in middle in sales process
Manufacturers set prices; often little room for profit NORFOLK, Va. — Don Hall, president and chief executive of the Virginia Automobile Dealers Association, was speaking recently to a politician about the closing of auto dealerships when he realized the politician had little idea about how the industry works. (Sat, 13 Jun 2009 10:05:46 GMT)

Genetically modified seed demand grows
The construction industry has taken a nosedive, retail sales are down and automobile sales have crumpled. But for the local seed business, demand is growing. (Sat, 13 Jun 2009 10:36:11 GMT)

What will GM cuts mean to NASCAR?
— BROOKLYN, Mich. The impact of the struggling automobile industry crept closer to the top level of stock car racing Friday when General Motors announced it will trim support of all three major levels of NASCAR, including the Sprint Cup Series. (Sat, 13 Jun 2009 12:03:56 GMT)

MOST DISCUSSED ARTICLES
DETROIT - The Red Wings have been a breath of fresh air in a city that has needed some good news. Things have been tough in the Motor City due to the slumping economy and the troubled automobile industry. Detroit's beloved Red Wings are now just a win away from repeating as Stanley Cup champions. (Sat, 13 Jun 2009 13:23:38 GMT)

Now we are muddy, as the Summer of Love Tour continues:
There was thunder and lightning and pounding rain through the night, but we were dry and snug (and trying not to be smug) in our Summer of Love RV. (Sat, 13 Jun 2009 15:48:00 EST)

Auto industry wants sops for CVs, exports
Auto industry executives expect this year’s Union Budget to provide immediate relief to the ailing commercial vehicle (CV) industry. Sales of medium and heavy commercial vehicles had dipped 33 per cent in 2008-2009. (Sat, 13 Jun 2009 18:44:28 GMT)

Car dealer stuck in middle in sales process
Manufacturers set prices; often little room for profit NORFOLK, Va. — Don Hall, president and chief executive of the Virginia Automobile Dealers Association, was speaking recently to a politician about the closing of auto dealerships when he realized the politician had little idea about how the industry works. (Sun, 14 Jun 2009 07:25:29 GMT)

Quick response Automakers adapting to changing times
BIRMINGHAM -- An ability to rapidly shift automobile production, both in terms of the number made and the different models, will add to a company's ability to compete in today's market, industry leaders said during a recent conference. (Sun, 14 Jun 2009 09:09:03 GMT)

Car love outlasts industry trouble
Chrysler is now owned by Italian automaker Fiat. General Motors is negotiating its way through bank (Sun, 14 Jun 2009 09:15:07 GMT)

What will GM cuts mean to NASCAR?
— BROOKLYN, Mich. The impact of the struggling automobile industry crept closer to the top level of stock car racing Friday when General Motors announced it will trim support of all three major levels of NASCAR, including the Sprint Cup Series. (Sun, 14 Jun 2009 10:34:41 GMT)

Auto industry's crisis hitting NASCAR hard
BROOKLYN, Mich. - The impact of the struggling automobile industry crept closer to the top level of stock car racing Friday when General Motors announced it will trim support of all three major levels of NASCAR, including the Sprint Cup Series. (Sun, 14 Jun 2009 10:39:18 GMT)

Dealing with hard times: Local auto sellers see sales fall but hope for rebound
SILVER CITY - There is a struggle for every automobile dealer in the country. The economy has made an abrupt turn south, and Silver City hasn't been immune to the latest trend of slow business in the auto industry. (Sun, 14 Jun 2009 13:11:07 GMT)

The Boss belts it out for the workin' folk, and the Serrano RV keeps us cool:
"If anyone had told me I'd be a part owner of General Motors, I wouldn't have believed 'em." (Sun, 14 Jun 2009 19:54:00 EST)

Automobile industry shutdowns hit manufacturing sector in US
Reports on manufacturing and housing this week will probably offer evidence that the recession- stricken U.S. economy is within months of hitting bottom, economists said. (Sun, 14 Jun 2009 20:43:13 GMT)

Automobile dealerships find little peace with their makers
Let's explode the biggest myth: New-car dealers stay in business by selling new cars. According to NADA, service and parts comprise more than 75 percent of a dealer's operating profits with profits from used-car sales making up the rest. (Mon, 15 Jun 2009 04:04:22 GMT)

Dealing with hard times: Local auto sellers see sales fall but hope for rebound
SILVER CITY - There is a struggle for every automobile dealer in the country. The economy has made an abrupt turn south, and Silver City hasn't been immune to the latest trend of slow business in the auto industry. (Mon, 15 Jun 2009 04:14:42 GMT)

China's car sales boom, reshaping a way of life
China's love affair with the automobile is thriving despite the global recession, and it's changing the way people live here in ways reminiscent of the USA's boom in car ownership after World War II. (Mon, 15 Jun 2009 04:42:52 GMT)

Auto industry wants sops for CVs, exports
The interim Budget in May this year had extended the depreciation benefit on purchase of new commercial vehicles to September from March 2009. Industry executives said this should be extended as sales of large vehicles slumped 40 per cent in April and May this year. Sales of medium and heavy commercial vehicles had dipped 33 per cent in 2008-2009. (Mon, 15 Jun 2009 06:51:46 GMT)

Where are exciting cars when you need them?
With all the problems in the automobile industry — there's a Fiat in your future! — some exciting new car models are needed to lure folks back to the showrooms. Here are my suggestions: (Mon, 15 Jun 2009 08:14:10 GMT)

Mercedes menace: SLR Stirling Moss lives up to the hype:
Where to start? That’s the question when confronted by the amazing Mercedes-Benz McLaren SLR Stirling Moss. (Mon, 15 Jun 2009 08:52:00 EST)

HSCI launches 'Honda Jazz' in Kerala
Kochi, Jun 15 : Honda Siel Cars India (HSCI), the leading manufacturer of premium cars in India, today launched its global car 'the Honda Jazz' here, in a bid to create a new segment in the automobile industry. (Mon, 15 Jun 2009 09:10:16 GMT)

Jaguar XJ: Dramatic design marks the next Big Cat:
Jaguar’s next-generation XJ luxury sedan will incorporate design features from the C-XF concept first shown at Detroit, AutoWeek has learned. (Mon, 15 Jun 2009 09:11:00 EST)

Auto industry's crisis hitting NASCAR hard
BROOKLYN, Mich. - The impact of the struggling automobile industry crept closer to the top level of stock car racing Friday when General Motors announced it will trim support of all three major levels of NASCAR, including the Sprint Cup Series. (Mon, 15 Jun 2009 10:09:05 GMT)

F-Type still in Jaguar's plans, as XE:
Still on Jaguar’s wish list is an entry-level roadster once called the F-Type but now known internally as the XE. (Mon, 15 Jun 2009 10:27:00 EST)

NASCAR teams see less GM cash, and Brawn GP is having a garage sale, in News Brake for Monday, June 15:
In today's News Brake: GM crimps the flow of money to NASCAR teams; the Summer of Love Tour notches its first weekend; and Ross Brawn's dominating Formula One team is having a garage sale ... But Wait, There's More! (Mon, 15 Jun 2009 13:22:00 EST)

Mommaroo: The first Summer of Love adventure concludes :
I am probably the only mother on Earth to rue that her 20-something son decided to go back to college. And yet I did rue it, however fleetingly, Sunday night. (Mon, 15 Jun 2009 13:48:00 EST)

From Fiat to Ferrari: Italian museums show off 110 years of history :
A pedestrian Fiat in the hallowed halls of the Ferrari museum in Maranello? Some Tifosi would cry blasphemy. But not this summer, when a group of Italian museums plays host to an exhibition detailing 110 years of that country’s iconic automobiles. (Mon, 15 Jun 2009 14:34:00 EST)

Japan's industry ministry upgrades business conditions for 1st time in 3 yrs
Japan's Ministry of Economy, Trade and Industry on Monday upgraded its assessment of country's business climate for the first time in more than three years. The ministry said the economy is "flagging but showing some signs of recovery in some parts" in the latest report, compared with its previous assessment in March that said the economy was "declining." The upgrade is the first since April ... (Tue, 16 Jun 2009 02:34:08 GMT)

Ford wants 'transparency' with fed intervention in autos
Ford Executive Chairman Bill Ford Jr. said Monday that government intervention has taken the automobile industry into uncharted waters and called for "transparency" in Washington's management of rival General Motors. (Tue, 16 Jun 2009 05:27:57 GMT)

Tom Walsh: Detroit in spotlight at summit
In the house where General Motors lives, at a time when GM clings to life in bankruptcy with federal cash, it was probably inevitable that the spotlight at this week's National Summit in Detroit would return again and again to the role of Big Brother in the host city's wobbly automobile industry. (Tue, 16 Jun 2009 09:09:40 GMT)

GM agrees to sell Saab to supercar company Koenigsegg :
General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. (Tue, 16 Jun 2009 09:59:00 EST)

GM to sell Swedish unit Saab to Koenigsegg
Saab Automobile, General Motors Corp.'s struggling Swedish unit known for its family cars, was rescued Tuesday by a consortium led by Koenigsegg Automotive AB, a tiny company which produces only a dozen custom-made super cars a year. GM said in a memorandum... Sponsored Topics: General Motors - Automotive industry - Saab - Koenigsegg - Memorandum of understanding (Tue, 16 Jun 2009 10:38:18 GMT)

CCID Consulting: China's New Energy Industry Keeps Synchronous Development with Global New Energy Industry
BEIJING----CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong , recently released its article on China's new energy industry. (Tue, 16 Jun 2009 12:00:00 GMT)

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