Auto News Oct 2009

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ClearSide Opens for Automobile Business in California
A new company named ClearSide General has opened in California, specializing in personal lines automobile coverage. The new company was started with the aim of servicing "the needs of the ... (Thu, 01 Oct 2009 05:12:01 GMT)

Vehicle sales in Japan rise for second month
Vehicle sales in Japan rose year-on-year for a second straight month in September, driven by government incentives for low emission cars aimed at boosting the flagging industry, data showed on Thursday. (Thu, 01 Oct 2009 10:17:47 GMT)

VAMA says car import fraud is rife
VietNamNet Bridge – The Vietnam Automobile Manufacturers’ Association (VAMA) has requested ministries clamp down onwidespread import frauds. (Thu, 01 Oct 2009 11:46:58 GMT)

Gurley Leep of Mishawaka undaunted by possible Saturn loss
MISHAWAKA — The Gurley Leep Automotive Family has had more than its share of blows in the downsizing that has happened in the automobile industry. (Thu, 01 Oct 2009 13:05:35 GMT)

Solera Holdings, Inc. Successfully Completes Acquisition of AUTOonline GmbH Informationssyteme
Solera Holdings, Inc. , the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has completed the acquisition of 85% of the share capital of AUTOonline GmbH Informationssyteme, a leading European eSalvage vehicle exchange platform from DEKRA Automobil GmbH and other sellers. (Thu, 01 Oct 2009 13:47:00 GMT)

Japan vehicle sales up (Business Times
TOKYO: Vehicle sales in Japan rose year-on-year for a second straight month in September, driven by government incentives for low emission cars aimed at boosting the flagging industry, data showed yesterday. The Japan Automobile Dealers Association (JADA) said 321,737 new cars, trucks and buses were sold in the country last month, compared to 198,265 units in August when sales showed the first ... (Thu, 01 Oct 2009 17:12:46 GMT)

Competition at heart of loss of Saturn
The collapse of the Penske Automotive Group's efforts to purchase Saturn can be traced to the reluctance of one large automobile company to help a fledgling competitor, auto industry analysts (Fri, 02 Oct 2009 04:45:33 GMT)

International Automobile Dealers Announce Monthly Sales
ALEXANDRIA, Va., Oct. 1, 2009; The American International Automobile Dealers Association (AIADA) today released September 2009 sales figures for the international nameplate automobile industry. (Fri, 02 Oct 2009 05:08:24 GMT)

Solera Holdings, Inc. Successfully Completes Acquisition of AUTOonline GmbH Informationssyteme
SAN DIEGO, Oct. 1, 2009 -- Solera Holdings, Inc. , the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has completed the acquisition of 85% of the share capital of AUTOonline GmbH Informationssyteme, a leading European eSalvage vehicle exchange platform from DEKRA Automobil GmbH and other sellers. (Fri, 02 Oct 2009 05:29:30 GMT)

Lutz, panelists to discuss auto future
The following are the panelists who will be discussing the current state and future of the automobile industry during a VIP Panel Discussion at 9:30 a.m. at the Griswold Lecture Hall Friday. It is open to the public. (Fri, 02 Oct 2009 05:53:24 GMT)

New vehicle sales fall 19.5 percent in year to September
South African total industry new vehicle sales plunged by 19.5 percent to 35 931 units in September compared with the same month in the previous year, the National Association of Automobile Manufacturers (Naamsa) said on Friday. - Reuters (Fri, 02 Oct 2009 09:25:43 GMT)

France Rolls Out Plan To Boost Electric Car Industry
On Thursday, the French government announced its plan to invest 1.5 billion euros ($2.2 billion USD) in building up a nationwide infrastructure for the roughly two million electric and hybrid automobiles that it hopes to see on the road by 2020.Of the roughly 30 million cars on French highways, (Fri, 02 Oct 2009 14:08:33 GMT)

Airline Industry Wary of Proposed Cap-and-Trade System
The airline industry is pushing back against the Senate's climate change bill, claiming a proposed cap-and-trade system could cost carriers them as much as $5 billion. (Fri, 02 Oct 2009 18:38:18 GMT)

General insurers expect 10% growth in premium this year
With automobile sales recovering, the general insurance industry is expecting a 10 per cent growth in premium collection in the current financial year. (Fri, 02 Oct 2009 18:47:03 GMT)

China tycoon resurfaces in US with green car plan
Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ago, he fled to the U.S. fearing arrest for alleged economic crimes. Now, Yang is plotting a comeback as a hybrid car maker in the U.S. _ a venture requiring billions of dollars that could face daunting odds amid a weak economy and against ... (Sun, 04 Oct 2009 03:34:00 GMT)

Indian firms seek local partners
HA NOI — Fifty Indian businesses led by the Federation of Indian Chamber of Commerce and Industry are visiting Viet Nam to seek co-operation opportunities, according to the Indian Embassy in Viet Nam. (Sun, 04 Oct 2009 07:36:47 GMT)

Hybrid Kinetic Motors seeks letter of intent; Baldwin commissioners to vote Tuesday
BAY MINETTE, Ala. -- Hybrid Kinetic Motors will seek written support from Baldwin County commissioners Tuesday for the Chinese company's plans to use a local manufacturing megasite for an ambitious move into the hybrid automobile industry. (Sun, 04 Oct 2009 11:08:00 GMT)

China tycoon resurfaces in US with green car plan
Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. (Sun, 04 Oct 2009 13:00:25 GMT)

After fleeing China, auto tycoon resurfaces in US with glowing green ambitions
HONG KONG - Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ago, he fled to the U.S. fearing arrest for alleged economic crimes. (Sun, 04 Oct 2009 13:08:07 GMT)

China tycoon resurfaces in US with green car plan
Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ago, he fled to the U.S. fearing arrest for alleged economic crimes. Now, Yang is plotting a comeback as... Sponsored Topics: Wall Street - China - United States - Yang Rong - US (Sun, 04 Oct 2009 13:29:59 GMT)

General insurers expect 10% growth in premium
Agencies Mumbai, Oct 4: With automobile sales recovering, the general insurance industry is expecting a 10 per cent growth in premium collection in the current financial year. (Sun, 04 Oct 2009 15:54:42 GMT)

China tycoon resurfaces in US with green car plan
Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. (Sun, 04 Oct 2009 16:36:05 GMT)

INDUSTRY & ECONOMY
FOODS & FOOD PROCESSING: Bengal may amend APMC Act Processing firms to procure farm produce through SHGs. The West Bengal Government may amend the Agricultural Produce Marketing Committee (APMC) Act this year to allow food processing companies to procure farm produce from farmers through self ... (Sun, 04 Oct 2009 17:51:34 GMT)

Small Business Makeover: Manny's Auto Sound
Twenty-five years ago when Manny and Barbara Diaz started their car-stereo installation business, the automobile industry seemed immortal: AMC had just introduced America's first SUV; Ford's new souped-up Mustang, with its V-8 engine was sweeping showrooms; Japanese cars were beginning their ascension; and the country's favorite action hero was a 1982 Pontiac Firebird named KITT. (Mon, 05 Oct 2009 05:04:05 GMT)

VAMA claims tax fraud, importers angry
VietNamNet Bridge – Car importers have denied the Vietnam Automobile Manufacturers’ Association’s (VAMA) accusations of tax fraud. Meanwhile, VAMA’s call for limiting car imports has not received government support. (Mon, 05 Oct 2009 11:17:08 GMT)

China Tycoon Pursues U.S. Hybrid Car Plan
Yang Rong was once celebrated as a pioneering automobile entrepreneur who founded the first Chinese company to be listed on Wall Street. Then, seven years ago, he fled to the U.S. fearing arrest for alleged economic crimes. (Mon, 05 Oct 2009 11:31:28 GMT)

Auto industry turning around, GM's Lutz says
MIDLAND — Robert A. Lutz, vice chairman of marketing and communications for General Motors Co., says it is a “tragedy” to shut down Saturn, but the U.S. automotive industry has turned a corner.“I think we’ve actually passed the bottom,” he... (Mon, 05 Oct 2009 13:39:19 GMT)

Maryland Automobile Dealers Association amp; Shockley Honda Donate CPR Training Mannequins to Guardian Hose Fire ...
ANNAPOLIS and FREDERICK, MD The Maryland Automobile Dealers Association MADA and Shockley Honda of Frederick are presenting the Guardian Hose Fire Company of Thurmont with a set of new Resusci Anne CPR training mannequins. The life-like devices provide real life simulation and performance measures so that volunteers can quickly sharpen their skills in performing CPR, the Heimlich maneuver and... (Mon, 05 Oct 2009 17:15:37 GMT)

Solera Holdings, Inc. to Acquire AUTOonline GmbH Informationssyteme; Acquisition Will Further Enhance Its Product and ...
SAN DIEGO, Sept. 17 -- Solera Holdings, Inc. , the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has signed a definitive agreement to purchase up to 100% of the capital stock of AUTOonline GmbH Informationssyteme, a leading European eSalvage vehicle exchange platform from DEKRA Automobil GmbH and other sellers. (Mon, 05 Oct 2009 22:33:08 GMT)

Tokyo Motor Show aims to shrug off auto industry blues
(Relaxnews) - Amid one of the worst slumps in the auto industry's history, organizers of the 21st Tokyo Motor Show are looking to inject new enthusiasm into the exhibition with the unveiling of 39 world premieres and a range of new events. (Mon, 05 Oct 2009 23:50:51 GMT)

Mergers Activity Set To Increase In The Transportation Industry According To Panel Of Industry Experts
67 WALL STREET, New York - October 5, 2009 - The Wall Street Transcript has just published its Transportation and Logistics Report offering a timely review of the sector to serious investors and industry executives. This 81 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by ... (Tue, 06 Oct 2009 03:25:00 GMT)

Owners of flood-hit cars to get discounts
MANILA - As floods of tropical storm "Ondoy" (international code name Ketsana) damaged several vehicles, an automobile industry group assured car owners that they would get relief measures such as discounts for repair and parts replacement. (Tue, 06 Oct 2009 04:12:25 GMT)

(AFX UK Focus) 2009-10-06 08:37 Sweden notifies EU of Saab guarantees, no decision
STOCKHOLM, Oct 6 (Reuters) - The Swedish government said on Tuesday it had asked the European Commission to evaluate if proposed loan guarantees to Saab Automobile would break rules on state support, but no decision has been taken yet. A spokeswoman for Swedish Industry Minister Maud Olofsson said the government had sent a notification to Brussels regarding 400 million euros ($585 million) of ... (Tue, 06 Oct 2009 07:42:25 GMT)

Government stakes on full production cycle at AvtoVAZ, GAZ auto plants
MOSCOW, October 6 (Itar-Tass) -- The Russian government will draft measures for the development of the national automobile industry extending till the year 2020. The document is to be considered by the Cabinet in December, First Deputy Prime Minister Igor Shuvalov told the media after a meeting of the government commission for the development of the Russian economy on Tuesday. (Tue, 06 Oct 2009 12:01:53 GMT)

Mike Jackson and Fritz Henderson to Host 'Road Ahead Forum' Town Hall Meeting
AutoNation, Inc. , Mike Jackson, chairman and chief executive officer of AutoNation, America's largest automotive retailer, and Fritz Henderson, CEO of General Motors, will jointly host a town hall meeting on October 8, 2009 to discuss the future of the automobile industry. (Tue, 06 Oct 2009 13:00:00 GMT)

GM’s Saab Closer to Sale as Sweden Seeks EU Approval (Update2)
Oct. 6 (Bloomberg) -- General Motors Co. ’s Saab Automobile division moved closer to receiving state backing for its sale to Koenigsegg Group after Sweden sought European Union approval for the terms of a proposed loan guarantee. (Tue, 06 Oct 2009 13:15:03 GMT)

Renault gives Spain's auto industry a boost by promising to make new models in Valladolid
MADRID — Spain and car manufacturer Renault signed a deal Tuesday under which the French company will make two new cars and an engine at its Valladolid plant, a welcome boost to the country's crisis-hit automobile sector. (Tue, 06 Oct 2009 15:53:21 GMT)

Web Exclusive: Motor industry show to start on upbeat note
South Africa's motor industry will be in the spotlight from Wednesday with the start of the South African Automotive Week (SAAW), which a trade expo conference in Port Elizabeth. (Tue, 06 Oct 2009 20:55:43 GMT)

VAMA’s manufacturers criticised for setting sky high sale prices
VietNamNet Bridge – In retaliation to Vietnam Automobile Manufacturers’ Association (VAMA) denouncement of car importers committing tax frauds, importers say domestic manufacturers are hitting consumers with sky-high sale prices. (Wed, 07 Oct 2009 11:16:48 GMT)

Vandals and hoons should be made to pay
PUNISHMENT for graffiti vandals, drunken thugs and hoon drivers should be made to fit the crime, an industry leader said. (Wed, 07 Oct 2009 13:00:00 GMT)

Tanker Fleet Growing At 7%, Oil Demand Falling 1.6%: Number 1 Marine Transportation Analyst Sees Entire Shipping ...
67 WALL STREET, New York - October 7, 2009 - The Wall Street Transcript has just published its Transportation & Logistics Report offering a timely review of the sector to serious investors and industry executives. This 81 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by ... (Wed, 07 Oct 2009 17:41:00 GMT)

SA car makers 'dying'
The automotive industry may cease to exist in the next five years, warns the head of the National Association of Automobile Manufacturers of SA. (Wed, 07 Oct 2009 21:00:07 GMT)

Last roll of dice for SA motor industry?
The future of South Africa's automotive industry was at risk unless steps were taken within the next 18 months to address several major challenges facing the industry, the SA Automotive Week conference heard on Wednesday. (Thu, 08 Oct 2009 05:32:24 GMT)

Typhoon Melor hits Japan as new earthquakes cause panic in the Pacific
East Asia experienced its latest powerful storm this morning, when one man was killed, and transport and industry were disrupted as a typhoon cut a course across the densely populated Japanese mainland. (Thu, 08 Oct 2009 05:39:52 GMT)

Rochester area feels cash for clunker fallout
Auto dealers and others in the industry are experiencing a post-clunkers slump, but the popular rebate program isn't the only factor. (Thu, 08 Oct 2009 07:06:35 GMT)

Sept auto sales surge 104%
Auto sales in Vietnam surged 104 percent in September from a year earlier to 11,071 units after a 31 percent increase in August, an industry report said on Wednesday. (Thu, 08 Oct 2009 11:12:30 GMT)

Industry Leaders to Discuss Alternative Energy and Future of Auto Retailing at NADA Convention
McLEAN, Va. (Oct. 8, 2009) – Industry leaders will discuss vehicle innovation, sustainable mobility and the future of auto retailing at the National Automobile Dealers Association’s (NADA) 93rd annual Convention & Exposition in Orlando, Fla., Feb. 13-15. (Thu, 08 Oct 2009 13:49:28 GMT)

Proton Exchange Membrane Fuel Cells: Is This The Most Power Efficient Alternative Energy Source For Transportation?
67 WALL STREET, New York - October 7, 2009 - The Wall Street Transcript has just published its Alternative Energy/Clean Energy/Power Generation/Utilities Report offering a timely review of the sector to serious investors and industry executives. This 83 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The ... (Thu, 08 Oct 2009 15:45:00 GMT)

Large Cap Growth High Beta Investments Paying Off For Decatur Capital Management
67 WALL STREET, New York - October 8, 2009 - The Wall Street Transcript has just published its TWST Large Cap Growth Report offering a timely review of the sector to serious investors and industry executives. This 43 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling ... (Thu, 08 Oct 2009 19:24:00 GMT)

Cash for Clunkers Money Trickles In
Cash is slowly pouring into Anchorage car dealerships from the government's Cash for Clunkers program. While some say the program revitalized the automobile industry, it has left some dealerships with empty spots on their lots. (Fri, 09 Oct 2009 00:59:20 GMT)

UPDATE: French Aug Indus Output Rises On Car Production
(Adds details, comment.) By A.H. Mooradian Of DOW JONES NEWSWIRES PARIS (Dow Jones)--French factories produced 1.8% more goods on the month in August, with automobile output surging as government incentives to buy new cars continued to bolster the economy, data showed Friday. (Fri, 09 Oct 2009 08:46:49 GMT)

Innovative Paint Shop Facilities at Porsche Cuts Emissions to a Minimum
STUTTGART, UNITED KINGDOM – October 9, 2009: The Porsche factory in Stuttgart, Germany, is expanding its innovative automobile production operations at the main factory in Zuffenhausen with one of the most modern and environmentally-friendly paint shops in the world, and one that will incorporate cutting-edge technology never before used in the car industry. (Fri, 09 Oct 2009 10:21:31 GMT)

Dire warning for SA’s automotive industry
UNLESS drastic changes in South Africa’s market are introduced in the next 18 to 24 months , there will be no local automotive industry to talk of in seven to 10 years . (Fri, 09 Oct 2009 11:24:30 GMT)

Karin Kloosterman: The Israeli Army Gives Birth To Clean Technologies
The clean technology industry in Israel is being fueled by Israeli military companies and personnel, according to a new JTA article. Agree with the country's... (Fri, 09 Oct 2009 12:11:35 GMT)

Art Deco celebrated
Art Deco was not only an architectural style, but also a social movement that influenced fine arts, architecture, interior design, industrial design, furniture design, fashion design, lighting design, tableware, glassware, the film industry and even music during the 1920s and 1930s.The end of World ... (Fri, 09 Oct 2009 13:04:18 GMT)

Reportlinker Adds Indian Automobile Sector Analysis Report
NEW YORK----Reportlinker.com announces that a new market research report is available in its catalogue. (Fri, 09 Oct 2009 14:04:00 GMT)

'Cool' car rules could affect radios, phones
Washington -- California's latest requirement for the auto industry -- advanced window glazing to keep vehicles cooler -- could prevent drivers from making phone calls, listening to satellite radio or using garage door openers. (Sat, 10 Oct 2009 05:03:21 GMT)

Rochester area feels cash for clunker fallout
Auto dealers and others in the industry are experiencing a post-clunkers slump, but the popular rebate program isn't the only factor. (Sat, 10 Oct 2009 07:07:25 GMT)

Crisis Leaves Europe in Slow Lane
As Asia and the United States emerge from the global economic crisis, Europe appears likely to be the world’s laggard. (Sat, 10 Oct 2009 08:42:16 GMT)

Aero-News: Quote Of The Day (10.10.09)
"It reinforces the importance of the amateur-built aircraft program to the overall aviation industry. It highlights the integrity of what has been accomplished over the years in terms of the amateur-built program, the development of kits, and overall safety. " Source: EAA President Tom Poberezny. (Sat, 10 Oct 2009 09:11:17 GMT)

Quiet Cars Feared As Potential Killers
Blind people are working with the auto industry to determine whether to add sounds to hybrid cars. Bob Riibe, a blind person from Sioux Falls, says it's difficult to hear the cars on the street because the motors are quiet. (Sat, 10 Oct 2009 19:35:59 GMT)

Prices drop at classic-car auctions--but not as much as predicted:
The final tallies are in for five of the six August auctions in Monterey, Calif. (More on that sixth auction later.) (Thu, 1 Oct 2009 09:09:00 EST)

Barrett-Jackson audits 2008-09 auction results:
Barrett-Jackson Auction Co. is opening the books on its 2008-09 auction season for an independent review by auditors from Deloitte and Touche. (Thu, 1 Oct 2009 09:19:00 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. (Thu, 1 Oct 2009 09:45:10 EST)

Hybrid vehicles may be too quiet for disabled pedestrians to hear
The silent approach of a hybrid car could have catastrophic results for pedestrians who can't hear them, which is why blind people are working with the auto industry to research the idea of adding sounds to the otherwise quiet new cars. (Sun, 11 Oct 2009 05:16:25 GMT)

Lawmakers to tackle key financial reform
House lawmakers will hold markups this week on two key parts of President Obama's proposal to overhaul the system. Read more... (Sun, 11 Oct 2009 13:06:10 GMT)

CO2 emission cuts doable
On Sept. 7 — shortly before taking over the premiership — Yukio Hatoyama met strong resistance from business circles and from the Ministry of Economy, Trade and Industry when he said at the Asahi Global Environment Forum (sponsored by Asahi Shimbun) that his government would aim for a 25 percent reduction in Japan's greenhouse-gas emissions from 1990 levels by 2020. Critics of the announcement ... (Sun, 11 Oct 2009 21:06:20 GMT)

Auto firms seen in top gear
Mumbai, Oct. 11: Brokerages are expecting the automobile and capital goods industries to do well in the second quarter. (Sun, 11 Oct 2009 21:45:59 GMT)

Penske abandons Saturn, and Fiat likes Ram as a brand, in AutoWeek's News Brake for Thursday, Oct. 1:
In today's News Brake: Penske abandons Saturn, Fiat likes Ram as a brand, and a Duramax drought looms . . . But Wait, There's More! (Thu, 1 Oct 2009 12:24:00 EST)

Barrett-Jackson followed auction practices, probe finds:
Independent auditors found that Barrett-Jackson Auction Co. complied with proper auction practices during the 2008-2009 season, the company said on Thursday. (Thu, 1 Oct 2009 12:51:00 EST)

GM, Chrysler sales fall more than 40 percent; Ford, Honda also slip:
The biggest automakers posted some of the sharpest U.S. sales declines in September as demand dropped in the aftermath of the federal government's cash-for-clunkers program. (Thu, 1 Oct 2009 14:19:00 EST)

Chinese Company Buys Hummer from GM
GM’s iconic Hummer brand has been acquired by a Chinese heavy construction equipment maker for about $150 million, marking another step in the long march by China to develop a world class local automobile industry. The deal, which was announced on the General Motors website, stipulates the ... (Mon, 12 Oct 2009 05:14:49 GMT)

Green River producers struggle to compete
GREEN RIVER - There's a little known war under way in the international soda ash industry pitting the world's two production giants, China and the United States, against each other. (Mon, 12 Oct 2009 06:08:08 GMT)

Tengzhong on Last Lap to Buy Hummer from GM
Tengzhong, a little-known Chinese machinery maker that has agreed to buy GM's Hummer brand, aims to close the deal by early 2010 and has begun to seek regulatory approval for the purchase. (Mon, 12 Oct 2009 06:31:08 GMT)

Next Beetle to get bigger back seat:
TThe successor to the New Beetle will arrive in 2012 with more space in the back seat and better packaging, said Stefan Jacoby, president and CEO of Volkswagen Group of America. (Mon, 12 Oct 2009 08:32:00 EST)

The 2009 Acura RL, an AutoWeek Drivers Log:
EXECUTIVE EDITOR WES RAYNAL: (Mon, 12 Oct 2009 08:54:00 EST)

Reportlinker Adds China Automobile Sector Forecast to 2012 Report
NEW YORK----Reportlinker.com announces that a new market research report is available in its catalogue. (Mon, 12 Oct 2009 09:28:00 GMT)

Marmon convertible is top seller at Hershey auction:
A 1931 Marmon Sixteen Convertible Coupe, one of only 400 Marmon Sixteens built, sold for $517,000 at RM Auctionand#8217;s Vintage Motor Cars of Hershey event on Oct. 8. (Mon, 12 Oct 2009 10:36:00 EST)

Philips third quarter net profit triples to $256M
Royal Philips Electronics NV reported net profit of euro174 million ($256 million) for the third quarter on Monday, three times the depressed levels of a year ago, due to cost-cutting measures. (Mon, 12 Oct 2009 10:48:49 GMT)

Thai Asean News Network
The industry minister aims to push Thailand to become the world's automotive hub in five years while the auto industry expects improving car export for the rest of this year following the economic turnaround. (Mon, 12 Oct 2009 11:08:50 GMT)

Tengzhong seeks approval for Hummer buy
Tengzhong, the Chinese buyer of General Motor's Hummer brand, aims to close the deal by early 2010, with regulatory approval looming as the first of what will likely be multiple hurdles on the road ahead. (Mon, 12 Oct 2009 11:30:49 GMT)

Europe Fund to Aid Auto Suppliers Stumbles on German Opposition
Oct. 12 (Bloomberg) -- A proposed 3 billion-euro ($4.4 billion) fund to help European auto-parts manufacturers that are on the brink of bankruptcy is stumbling because of German opposition, the region’s top industry trade group said. (Mon, 12 Oct 2009 11:49:29 GMT)

2011 Ford Explorer prototype spied on the street:
The Ford Explorer is getting a redesign for 2011 and moving to a unibody platform, a here is the first prototype of the new SUV we've seen, getting a test drive on public roads. (Mon, 12 Oct 2009 11:54:00 EST)

Reviewing the Acura RL, and the next Beetle gets more room in back, in News Brake for Monday, Oct. 12:
In News Brake: A review of the Acura RL, a salute to sports-car legend Donna Mae Mims, and the next Volkswagen Beetle will get more room in back . . . But Wait, There's More! (Mon, 12 Oct 2009 12:01:00 EST)

Nissan to issue recall for faulty tire-monitoring part:
Nissan Motor Co. plans to recall as many as 143,000 cars to replace a tire-pressure monitoring system nut that may corrode and crack in areas with heavy concentrations of road salt, the government said today. (Mon, 12 Oct 2009 14:02:00 EST)

Now the president is taking his time?
Funny how President Obama can ram legislation down Congress' throat for stimulus bills, automobile-industry and Wall Street bailouts, etc., but he will need weeks to decide on an increase in troop strength to Afghanistan. William Zimmerman, Hephzibah (Tue, 13 Oct 2009 05:00:00 GMT)

India September Local Car Sales Rise 21% To 129,683 Autos
NEW DELHI -(Dow Jones)- Local car sales in India rose 21% from the year earlier in September to 129,683 units from 107,517 a year earlier, data issued Tuesday by industry group Society of Indian Automobile Manufacturers showed. (Tue, 13 Oct 2009 06:33:37 GMT)

Sept car sales rise 20.6 pc y/y: Industry
Sept car sales rise 20.6 pc y/y: IndustrySept car sales rise 20.6 pc y/y: Industry (Tue, 13 Oct 2009 06:53:12 GMT)

An Exclusive Chat with Ferrari's Luca di Montezemolo, the Rock Star of the Automobile Industry - VIDEO ENHANCED
The name Ferrari, its prancing horse logo and of course those special red vehicles are world famous icons of speed and style. But, Luca Cordero di Montezemolo, the long time chairman of Ferrari, SpA and of Fiat, SpA, has a relatively low business news profile outside the automobile industry. (Tue, 13 Oct 2009 08:06:53 GMT)

Nigeria : Auto Industry Will Promote Economic Activities - Jalal
The Director General of the National Automotive Council (NAC) Mr. Aminu Jalal said last Tuesday that the development of the automobile industry would trigger economic activities in other sectors of the nation's economy. (Tue, 13 Oct 2009 08:20:49 GMT)

Auto sales up 14 percent in first half this fiscal
New Delhi, Oct 13 : Total automobile sales increased 14.51 percent between April and September this fiscal over that in the corresponding period last fiscal, as per data released by an industry body Tuesday. (Tue, 13 Oct 2009 09:38:30 GMT)

The 2009 Toyota Avalon XLS, an AutoWeek Drivers Log:
SENIOR EDITOR FOR NEWS BOB GRITZINGER: If you question why anyone would buy the Avalon instead of a well-equipped V6 Camry, just look at the rear footwells. There is only about 2. (Tue, 13 Oct 2009 09:40:00 EST)

GM set to sign deal to sell Opel Thursday, reports say:
General Motors Co. likely will sign a deal on Thursday to sell a majority stake in Opel to a group led by Magna International Inc., German news agencies reported, citing sources close to the negotiations. (Tue, 13 Oct 2009 09:44:00 EST)

Fuel-economy numbers for electric vehicles often not based on reality:
At this year's Frankfurt motor show, we saw some astonishing fuel-consumption figures for many new hybrid concepts. But it doesn't take much digging to see that reality doesn't match the claims. (Tue, 13 Oct 2009 09:56:00 EST)

Auto sales up 14 percent in first half this fiscal
Total automobile sales increased 14.51 percent between April and September this fiscal over that in the corresponding period last fiscal, as per data released by an industry body Tuesday. (Tue, 13 Oct 2009 10:01:25 GMT)

The US Aluminum Industry Is The World's Single Largest Producer Of Primary Aluminum
The US aluminum industry is the world's single largest producer of primary aluminum, with over 300 plants in 35 states and employs over 145,000 people at an annual payroll of about US$ 5 Billion. (Tue, 13 Oct 2009 11:49:54 GMT)

New Ford Explorer spied, and Nissan plans a recall, in AutoWeek's News Brake for Tuesday, Oct. 13:
In today's News Brake: The new Ford Explorer is spied, Nissan plans a recall, and a flying gas tank sets a land-speed record . . . But Wait, There's More! (Tue, 13 Oct 2009 12:25:00 EST)

Web Exclusive: The Most Impactful Industry Events of the Last Century
Paul Hering, CEO of the 100-year-old brokerage firm Barney & Barney LLC, looks back over the last century and considers the events that most impacted the insurance industry. (Tue, 13 Oct 2009 13:03:15 GMT)

China Sept auto sales soar 77.9%
China's auto sales soared 77.9 percent in September from a year ago to 1.33 million units, an industry body said on Tuesday, the seventh straight month that sales exceeded the one million unit mark. (Tue, 13 Oct 2009 13:44:57 GMT)

GM to invest $230 million in four Michigan plants to build Volt, Cruze:
General Motors Co. said Tuesday it will invest more than $230 million in four plants around Flint, Mich., to help build the 2011 Chevrolet Cruze compact and the Chevrolet Volt plug-in hybrid sedan. (Tue, 13 Oct 2009 13:47:00 EST)

2010 Porsche 911 Turbo: The daily driver of supercars:
As four-wheeled evolution goes, the Porsche 911 Turbo's first three and a half decades have been spectacular. (Tue, 13 Oct 2009 14:39:00 EST)

Ford adds 4.5 million vehicles to largest U.S. recall:
Ford Motor Co. plans to add 4.5 million vehicles to its largest U.S. recall because of leaky cruise control switches that have been reported to cause vehicle fires. (Tue, 13 Oct 2009 16:49:00 EST)

Transportation and Logistics Experts Discuss Prospects For The US Rail Industry: Intermodal Transfer Key To Superior ...
67 WALL STREET, New York - October 13, 2009 - The Wall Street Transcript has just published its Transportation & Logistics Report offering a timely review of the sector to serious investors and industry executives. This 81 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by ... (Tue, 13 Oct 2009 18:39:00 GMT)

High-speed rail isn’t threat to Detroit 3, U.S. transportation chief says
Michigan’s participation in a coalition of states pursuing federal dollars for a Midwest high-speed rail system isn’t a threat to the automobile industry, U.S. Secretary of Transportation Ray LaHood said this afternoon. (Tue, 13 Oct 2009 19:15:25 GMT)

Used vehicle sales at all-time low
Sales of used vehicles in the first half of fiscal 2009 hit an all-time low of 1.92 million units, down 7.3 percent from a year earlier amid the flagging economy, an industry body said Tuesday. Sales of secondhand vehicles, excluding minivehicles with engines of up to 660cc, were the lowest since 1978, when the Japan Automobile Dealers Association first compiled comparable data. (Tue, 13 Oct 2009 21:07:30 GMT)

RPT-UPDATE 1-India Sept car sales rise 21 pct y/y -industry
(Repeats story issued on Tuesday) (Wed, 14 Oct 2009 02:30:54 GMT)

Ministry officials review auto industry strategy
HA NOI — Authorities are seeking suggestions from the nation’s automobile manufacturers about what types of vehicles should be prioritised for development beginning next year. (Wed, 14 Oct 2009 07:38:25 GMT)

GPS could play role in driver safety:
Is a car accident in your future? Ask the global positioning satellites. (Wed, 14 Oct 2009 09:51:00 EST)

The 2009 Mitsubishi Outlander SE: An AutoWeek Drivers Log:
SENIOR EDITOR FOR NEWS BOB GRITZINGER: There are a few acres of plastic in here, and some of the switchgear feels truly hideous, but once you get past that, this is the kind of vehicle that marks Mitsubishi as something surprising--and in... (Wed, 14 Oct 2009 09:53:00 EST)

We drive the new 911 Turbo, and Mustang gallops into NASCAR, in AutoWeek's News Brake for Wednesday, Oct. 14:
In today's News Brake: We drive the new Porsche 911 Turbo, Mustang gallops in NASCAR, and the Cadillac SRX goes turbo . . . But Wait, There's More! (Wed, 14 Oct 2009 12:42:00 EST)

Buick revives and#8216;Regal' name for upcoming sedan:
Buick confirmed on Wednesday that it's resurrecting the Regal nameplate for its next midsize sedan. (Wed, 14 Oct 2009 15:04:00 EST)

Recall will be last linked to fire hazard, Ford says:
Ford Motor Co.' (Wed, 14 Oct 2009 15:31:00 EST)

A Chevrolet Corvette the only and#8216;authenticated' return under GM's 60-day guarantee, Lutz says:
One car has been returned under General Motors' unconventional 60-day return policy--a Chevrolet Corvette. (Wed, 14 Oct 2009 16:22:00 EST)

Japanese Automakers Increase Investment and R&D in America
WASHINGTON - October 14, 2009: Japanese automakers increased investment in the U.S. by more than $1 billion in 2008 to a total of $33.67 billion, according to a new report, “ Contributing to the Future of the American Automobile Industry ,” published today by the Japan Automobile Manufacturers Association (JAMA). (Thu, 15 Oct 2009 00:21:31 GMT)

Steel industry pros divided on free trade
CHICAGO | Representatives of the North American steel industry turned their attention abroad Tuesday and Wednesday in talks about the differences between free trade and unfairly propping up one good or industry in a global marketplace. (Thu, 15 Oct 2009 01:02:03 GMT)

NADA Convention: Industry Leaders to Discuss the Future of Auto Retailing
Keynote speakers: Volkswagen's Stefan Jacoby and energy activist T. Boone Pickens, NADA's John McEleney and Ed Tonkin, AutoNation's Mike Jackson and adventurer Alison Levine (Thu, 15 Oct 2009 01:21:41 GMT)

Nissan marks the Z car's 40 years with a special edition:
Forty years ago, America was introduced to the Z car. It gave Datsun--now Nissan--a performance pedigree in the United States. And it elevated to revered status Yutaka "Mr. (Thu, 15 Oct 2009 04:30:00 EST)

Stanley sales rise on industry recovery
Sales of Thai Stanley Electric Plc have improved steadily in line with the gradual recovery of the automotive industry, leading to a projection of a smaller-than-expected drop for its 2009 financial year ending next March. (Thu, 15 Oct 2009 05:25:00 GMT)

The 2009 Mazda MX-5 Miata Power Retractable Hardtop Grand Touring, an AutoWeek Drivers Log:
MOTORSPORTS EDITOR MAC MORRISON: A timeless top-down roadster to be sure, but with each passing year the Mia . . . (Thu, 15 Oct 2009 09:15:00 EST)

JUNKER KEEPER: Federal database tracks totaled vehicles, clunkers:
First, it was the hurricane-damaged used cars flooding the market. Now, itand#8217;s the clunkers turned in--and supposedly junked--as part of the federal Cars Allowance Rebate System and#8220;cash for clunkersand#8221; program. (Thu, 15 Oct 2009 09:35:00 EST)

Mopar times four: Drag Challenger, luxury Ram and two crazy Jeeps head for SEMA:
In a telltale sign that Chrysler is rediscovering some mojo, the Mopar squad is bringing four eye-catching rides to the SEMA show next month that play to its base of enthusiasts who like gutsy sheetmetal--and who like to drive it fast and go... (Thu, 15 Oct 2009 11:50:00 EST)

Chinese vice premier meets Bosch chairman
Chinese Vice Premier Zhang Dejiang met here Thursday with Franz Fehrenbach, chairman of German industrial giant Bosch Group. Expressing appreciation for Bosch's longstanding friendly cooperation with China, Zhang said the Chinese government attached great importance to developing automobile and equipment manufacturing industry. The Chinese government hoped Bosch could fully use its technological ... (Thu, 15 Oct 2009 12:23:22 GMT)

The Z car turns 40, and Buick regains its Regal, in AutoWeek's News Brake for Thursday, Oct. 15:
In today's News Brake: Nissan's Z car turns 40, Buick regains its Regal, and legendary names dominate the first class of the NASCAR Hall of Fame . . . But Wait, There's More! (Thu, 15 Oct 2009 12:28:00 EST)

Harley-Davidson to shutter Buell motorcycle brand, will sell Italian division:
Harley-Davidson is axing two notable brands as it re\focuses on its core business. (Thu, 15 Oct 2009 15:43:00 EST)

Travis Pastrana to attempt rally-car jump in Long Beach harbor on New Year's Eve:
Made plans for New Year's? (Thu, 15 Oct 2009 17:12:00 EST)

Results positive, industry wants stimulus to continue
The Centre's stimulus package, the first installment of which was announced at the end of last year to kick start the economy, has seen the desired results with the country being resilient to the overall global economic slowdown. (Thu, 15 Oct 2009 20:37:01 GMT)

Detroit Automakers’ Rosy Outlook Defies Reality
Industry sales would have to be surprisingly strong through the end of the year to reach some predictions for total 2009 sales. (Fri, 16 Oct 2009 01:18:12 GMT)

Japanese automakers increase American investments
Japanese automakers increased investment in the U.S. by more than $1 billion in 2008 to a total of $33.67 billion, according to a new report, "Contributing to the Future of the American Automobile Industry," published by the Japan Automobile Manufacturers Association (JAMA). (Fri, 16 Oct 2009 04:40:40 GMT)

Ex-Ford engineer charged with stealing trade secrets:
A former Ford Motor Co. engineer has been charged with stealing trade secrets from the automaker after accepting a job in China in 2006. (Fri, 16 Oct 2009 09:55:00 EST)

The 2009 Volkswagen CC 4Motion, an AutoWeek Drivers Log:
MANAGING EDITOR ROGER HART: Glad I saw the sticker price after driving the car. Yes, it's a fine sedan with great curb appeal. You could make the argument that all Passats should be the CC. (Fri, 16 Oct 2009 10:03:00 EST)

Italian businessman buys Pininfarina plant for aluminum-vehicle project:
Defeated twice in his attempts to buy Carrozzeria Bertone S.p.A., Gianmario Rossignolo has signed a preliminary deal to rent and run one of Pininfarina S.p.A. three plants. (Fri, 16 Oct 2009 10:12:00 EST)

Mopar magic at SEMA and a review of the BMW X1, in News Brake for Friday, Oct. 16:
In News Brake: Chrysler is sending four Mopar-tuned rides to SEMA, a former Ford engineer is charged with stealing trade secrets, and we review the BMW X1 . . . But Wait, There's More! (Fri, 16 Oct 2009 12:39:00 EST)

Retail Sales Up 0.5 Percent for September
Retail sales saw a boost in September, increasing 0.5 percent over August sales, according to the National Retail Federation (NRF). The retail industry sales number, which excludes the automobile, gas station and restaurant sectors, was 1.5 percent less than September of last year. (Fri, 16 Oct 2009 13:27:56 GMT)

BMW designer Schaffer to lead U.S. studio:
Laurenz Schaffer, an 11-year veteran of BMW AG's design staff, will take charge of the automaker's studio in California on Dec. 1. (Fri, 16 Oct 2009 13:29:00 EST)

Solar Energy & Detroit: Renewable Companies See Advantages in Auto-Industry's Pain
In Michigan, a 320-acre Ford Motor Co. plant sits idle after 52 years of assembling Lincoln Continentals, Ford Thunderbirds and other vehicles. It's one of a series of U.S. assemblies that have closed or shrunk, with more than 435,000 automotive-manufacturing jobs disappearing since the beginning of the decade, according to a Congressional Research Service report released in August. (Fri, 16 Oct 2009 13:39:18 GMT)

(AFX UK Focus) 2009-10-16 14:54 TREASURIES-Prices dip on surprise industry production jump
NEW YORK, Oct 16 (Reuters) - Prices for most U.S. Treasuries erased gains and dipped into the minus column on Friday on a surprise jump in September U.S. industrial production. Prices promptly recovered, however, and moved higher. Analysts said some of the strength in third-quarter industrial output was due to the government's "cash for clunkers" automobile incentive program and could be "given ... (Fri, 16 Oct 2009 14:13:58 GMT)

2010 Suzuki Kizashi takes aim at midsize sedan segment:
Remember the Suzuki Forenza? If not, don't feel bad because we had a tough time picturing it, too. (Fri, 16 Oct 2009 17:09:00 EST)

Voters to judge tax to help fund auto plant in La.
A step in a plan to fund government incentives for the creation of a startup automobile manufacturer in northeastern Louisiana will be decided by voters Saturday. (Fri, 16 Oct 2009 19:35:48 GMT)

Texas Instruments expected to post 17% sales drop
Texas Instruments Inc. is expected to report a 17% drop in third-quarter sales on Monday, but analysts also see the chip giant affirming the rising optimism in the semiconductor industry. (Fri, 16 Oct 2009 21:16:20 GMT)

South Dakotans averse to taxation
PIERRE -- There was a time in South Dakota when governors and other leaders seized on the potential of the automobile as a new source of economic development for our state. They wanted visitors to come see and enjoy our land of infinite variety.... (Sat, 17 Oct 2009 11:04:23 GMT)

Make or break for auto industry
Vietnam’s car industry needs a much sharper strategic focus on a strong product line or it will be run over by foreign competitors in the next decade, experts say. (Sat, 17 Oct 2009 11:36:09 GMT)

Gov. Bredesen leads second mission to China
As Gov. Phil Bredesen leads about 30 private industry leaders to China next week on his second trade mission to that country, what's not on the agenda is the thorny tire-for-chickens dispute between the two countries. (Sat, 17 Oct 2009 12:24:12 GMT)

Obama: Health Industry Deceiving Consumers
President Says "Dishonest" Ads and Studies from Insurance Lobbyists Are Designed to Mislead (Sat, 17 Oct 2009 14:30:03 GMT)

Steel segment gets boost from increased auto production
CHICAGO | Panelists at a steel conference last week agreed the popular Cash for Clunkers gave a short-term boost to the automobile and steel industries. (Sun, 18 Oct 2009 05:43:22 GMT)

Ky. car tax break off to slow start
A state tax break designed to spur more new-car sales for the ailing auto industry has had a slow first month and probably will not cost the state as much as expected in lost sales tax revenue. (Sun, 18 Oct 2009 21:42:39 GMT)

Automobile numbers could be capped
As many as 5.5 million cars will be on Beijing's roads by 2015, although the growth rate will stabilize in the next five years, a senior local transport official said. (Mon, 19 Oct 2009 02:49:25 GMT)

Automobile numbers could be capped
As many as 5.5 million cars will be on Beijing's roads by 2015, although the growth rate will stabilize in the next five years, a senior local transport official said. Beijing's car community will hit 4 million by the beginning of next year and will then grow by an average of 300,000 cars a year, compared to the present rate of 400,000, to reach 5.5 million in 2015, Liu Xiaoming, director of the ... (Mon, 19 Oct 2009 04:31:34 GMT)

Car theft slows to lowest in 20 years
Car theft slows to lowest in 20 years (Mon, 19 Oct 2009 08:31:15 GMT)

VW likely to drop Passat in U.S. when new sedan debuts:
Volkswagen probably will drop the Passat sedan and wagon in 2011 when VW's new U.S.-built mid-sized four-door is expected to go on sale. (Mon, 19 Oct 2009 08:54:00 EST)

The 2009 Subaru Impreza WRX Premium, an AutoWeek Drivers Log:
SENIOR EDITOR FOR NEWS BOB GRITZINGER: Whoa--I had to check the badges on this car to make sure it wasn't a STI, because this 265-hp turbo engine feels that strong. (Mon, 19 Oct 2009 09:29:00 EST)

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