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Auto News 03/2012

Faridabad auto hub is looking bearings manufacturing units
FARIDABAD: Everything moves on bearings, that's the axiom that holds true for the automobile industry. But Faridabad, known for its auto and auto ancillary industries, has a somewhat deformed bearings industry. There are plenty of intermediaries in ...

Intel Capital Looks to Accelerate Innovation in The Automotive Industry ...
Intel Capital Looks to Accelerate Innovation in The Automotive Industry ...

iPerceptions Releases Automotive Industry Report for Q4 2011
MONTREAL, Mar 01, 2012 (MARKETWIRE via COMTEX) -- iPerceptions Inc. (CVE:CA:IPE) , a leading provider of online Voice of Customer (VoC) analytics based on actual visitor feedback, today announced the release of its Automotive Industry Report for Q4 ...

Bill Clinton says Romney's dad "turning over" in grave hearing auto bailout ...
Bill Clinton says Romney's dad "turning over" in grave hearing auto bailout ...

Best US Auto Sales Streak Since '08 Helped by Toyota
Tamara Darvish can tell the US auto industry is back by looking out on the lot of one of her company's four Toyota dealerships. Darcars Automotive Group's Toyota store in Frederick, Maryland, took delivery of 200 vehicles from the manufacturer this ...

Apple Begins Hiring Automotive Engineers - Is Siri Set To Revolutionize A ...
Apple Begins Hiring Automotive Engineers - Is Siri Set To Revolutionize A ...

Auto industry to register CAGR of 14% over FY2011-13E: Angel Broking
Auto sales numbers for February 2012 surprised positively. Passenger vehicles (PV) registered a healthy volume performance, which we believe could be due to consumers advancing their purchases in anticipation of excise duty hike and additional tax on ...

Alcoa breaks ground on $300M expansion
The $300 million project, which will meet the rising demand for aluminum by the auto industry, was celebrated by Alcoa executives, community leaders and state and local representatives, including Iowa Gov. Terry Branstad. More than 75 people gathered ...

iPerceptions Releases Automotive Industry Report for Q4 2011
MONTREAL--(Marketwire - March 1, 2012) - iPerceptions Inc. ( TSX VENTURE : IPE ), a leading provider of online Voice of Customer (VoC) analytics based on actual visitor feedback, today announced the release of its Automotive Industry Report for Q4 2011 ...

Obama's Weekly Address: Defending the Auto Bailout
President Obama continued to tout his bailout of the auto industry and draw sharp contrasts with his Republican rivals who opposed the decision. “If we had let this great American industry collapse – if we had let Detroit go bankrupt – more than 1 ...

Screws tighten on European automakers
There has already been a casualty: Saab Automobile filed bankruptcy in January after a two-year effort to revive the distinctive carmaker with one of the strongest brand followings in the industry. Meanwhile, Chinese and Indian auto makers are ...

Mazda3 extends sales lead as Honda fights back
By Tim Beissmann | March 05th, 2012 The Australian automotive industry continued its strong start to the year in February with new vehicle sales up more than five per cent compared with the same period in 2011. Official VFACTS data released today by ...

Plant-saver deal model for auto industry?
By NORMAN DE BONO, The London Free Press A factory-saving labour deal in Kitchener could become the new template for workers in Southwestern Ontario's huge auto-parts industry. Seating maker Lear Corp.'s deal with the Canadian Auto Workers union ...

Steady Gains in Automobile Production to Drive the Automotive Radiators Market ...
Steady Gains in Automobile Production to Drive the Automotive Radiators Market ...

Equity Research on Advance Auto Parts Inc. and O'Reilly Automotive Inc ...
Equity Research on Advance Auto Parts Inc. and O'Reilly Automotive Inc ...

Attracting Right Talent and Managing Risk Top Priorities For Automotive ...
Attracting Right Talent and Managing Risk Top Priorities For Automotive ...

Sen. Kirsten Gillibrand announces foreign trade legislation on auto parts industry
Kirsten Gillibrand visited a United Auto Workers hall in Rochester this morning to discuss legislation that would address what she said are unfair foreign trade practices and call on President Barack Obama to take action on China's trade practices ...

Europe's Cars Lose Traction
By VANESSA FUHRMANS Amid rows of unsold cars in factory lots and idled production lines across Europe, a troubling question looms for auto executives now gathering in Geneva for their annual new-car showcase: Is the region's auto industry headed for a ...

AutoZone's Success, and Why It'll Happen Again
Peer O'Reilly Automotive (Nasdaq: ORLY ) was in the same boat, with a 16% bottom-line leap on the back of higher sales. The industry is set to grow even further in 2012. Currently, there are more than 240 million cars on US roads, with their average ...

Industry experts discuss future of automotive industry, electric cars
(MATT BETTONVILLE/The Stanford Daily) With the automotive industry on the verge of major changes due to rising oil prices and increasing emissions restrictions, the Stanford Energy Club's Energy 360° program brought together experts and executives ...

Auto industry sets new import record
The South African automotive industry set a new record last year, with 69%, or 272 000 units, of all vehicles sold in the domestic market imported, up from last year's 66%, said KPMG construction, industrial and automotive sectors partner Gavin Maile ...

Flat start for car market but auto industry still upbeat about future, says KPMG
John Leech, UK Head of Automotive at KPMG, said that despite the figures suggesting otherwise, the UK car market is in good health. “Ahead of the forthcoming plate-change, fewer new cars were sold in the UK in February 2012 (year-on-year) which ...

Molex Receives Third Party Environmental Claim Validation for Industry's First ...
Molex Receives Third Party Environmental Claim Validation for Industry's First ...

'Automotive industry needsa consistent policy guideline'
It is once again that time of the year when the media is rife with speculation that the automotive industry will have to face another round of increase in taxes. Every year, this is more or less the same story. A few years back the industry lobbied ...

Can we pin our hopes on the auto industry?
Paul Everitt, chief executive of the Society of Motor Manufacturers and Traders (SMMT), said the move was a "vote of confidence" in the UK auto industry, adding: "Growth in manufacturing is leading the current recovery and clearly demonstrating the ...

At Geneva Auto Show, a More Circumspect View of Electric Cars
GENEVA — After several years of excitement over electric vehicles, the auto industry is facing a new reality. General Motors' decision last week to suspend production of its Volt plug-in hybrid sedan because of slow sales has renewed questions about ...

Revolutionary new contract could drive auto industry
By QMI AGENCY A factory-saving labour deal in Kitchener could become the new template for workers in Southwestern Ontario's huge auto-parts industry. Seating maker Lear Corp.'s deal with the Canadian Auto Workers union radically alters the pay ...

Europe's ailing carmakers seek overcapacity fix
Analysts and auto industry executives estimate the region has at least 20 percent too much car production capacity. Adding to the manufacturers' woes, a free trade agreement with South Korea that took effect last July gave a boost to South Korean ...

How Tax Hikes and Metal Prices Will Cut Into India's Auto Sales
by TC Malhotra on March 7, 2012 The Indian automotive industry fears that the federal government may impose higher taxes on diesel vehicles in the upcoming budget, due out later this month. The Society of Indian Automobile Manufacturers (SIAM) has been ...

AIAG Honors Corporate Responsibility Leaders in Automotive Industry
"As the globalization of the automotive industry has led to increasingly complex supply chains, managing the impact on our business has become a greater challenge," said J. Scot Sharland, executive director of AIAG. "The corporate responsibility ...

American Automotive is Back!
By Scarborough Research NEW YORK, March 7, 2012 -- /PRNewswire/ -- The American automotive industry had traveled a tough road through the economic downturn, but according to a new complementary study and accompanying infographic from local market ...

Eric Miltsch Joins DrivingSales as Director of Product Strategy
Miltsch is charged with further enhancing and developing DrivingSales' product and services suite, which includes the largest car dealer social network; the auto industry's only unbiased, comprehensive vendor ratings platform; dealership-oriented data ...

Mazda3 Expands Sales Lead in Australia While Honda Fights Back
It is a quite good beginning for the Australian automotive industry as it continued it marked a strong start in February with new vehicle sales up more than five per cent compared with the same period in 2011. Recently, the official data released by ...

AIAG Honors Corporate Responsibility Leaders in Automotive Industry
"As the globalization of the automotive industry has led to increasingly complex supply chains, managing the impact on our business has become a greater challenge," said J. Scot Sharland, executive director of AIAG. "The corporate responsibility ...

How the Japanese tsunami changed the auto industry
(MoneyWatch) As we near the first anniversary of the tragic earthquake and tsunami that hit Japan on March 11, its effects linger not only in that country but also in the American auto industry. The disaster disrupted supplies of made-in-Japan models ...

Recent Automotive Brand Health and Advertising Performance Research Shows ...
Recent Automotive Brand Health and Advertising Performance Research Shows ...

General Automotive Announces the Engagement of Aegis Capital Corp.
ORLANDO, Fla., Mar 8, 2012 (GlobeNewswire via COMTEX) -- General Automotive Company (OBB:GNAU) , a North American provider of parts, accessories and advanced technology for the automotive industry is pleased to announce that it has engaged Aegis ...

One Year Later, Japanese Automakers Rebuilt to Pre-Earthquake Levels, Says ...
One Year Later, Japanese Automakers Rebuilt to Pre-Earthquake Levels, Says ...

Affiliate of Sun Capital Partners, Inc. Sells Fluid Routing Solutions to Park ...
Affiliate of Sun Capital Partners, Inc. Sells Fluid Routing Solutions to Park ...

A year after disaster, Japan automakers are back, study ways to make ...
A year after disaster, Japan automakers are back, study ways to make ...

2012 SPE Automotive Plastics Conference to host 4 keynotes.
March 9, 2012 - To be delivered by David E. Cole, first keynote will offer insight into how automotive industry future is changing for the better. Second keynote, by Alan Taub, will highlight challenges/opportunities faced in light of changes in ...

As New Car Sales Lead Nation's Economic Recovery, Edmunds.com Launches New ...
As New Car Sales Lead Nation's Economic Recovery, Edmunds.com Launches New ...

Analysts Say That Rising Gas Prices Are Changing Driver Habits
Gas prices affect a lot of decisions in the automotive industry. Earlier reports had car buyers paying more attention to fuel economy, and the car industry looking for more fuel efficient solutions for vehicles. However, new reports are surfacing that ...

Auto industry expects sales rebound
A REBOUND in vehicle sales is possible this year despite continued supply constraints, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) said on Friday. Sales as of February were down 15.7% to 18977 from 22518 a year earlier, ...

Exclusive: Brazil seeks to curb Mexico auto exports
By Ana Isabel Martinez | MEXICO CITY (Reuters) - Brazil is pushing Mexico to slash its auto exports to Latin America's biggest economy by more than a third to about $1.4 billion a year as it attempts to shield its own struggling industry from a strong ...

With tech assets, can Austin become key player in automotive industry?
Central Texas already has ties to the auto manufacturing industry, such as Georgetown's TASUS Corp., which uses the blow-molding machine above in making plastic components for cars. As part of a technology change, commenting will not be available on ...

Design: driving force of Korea's auto industry
Behind the Korean automotive industry's spectacular growth is design. Kia's K5 sedan and Sportage R SUV swept major international design awards while Hyundai's YF Sonata became the best-selling Korean car ever in the United States and China largely ...

A bumpy road so far: Electric vehicles fail to generate sales
Auto industry experts say that once the awkward nature of plugging in your car to charge fades, sales will increase. / May 2011 photo by Rick Bowmer/Associated Press By Brent Snavely and Chrissie Thompson Energy Secretary Steven Chu talks with the news ...

PM: Local automotive players must adapt to stay competitive
By ONG HAN SEAN PEKAN: The liberalisation of the automotive industry means local players will have to adapt and improvise to become more competitive, says Prime Minister Datuk Seri Najib Tun Razak. He said it was important for the private sector to ...

PM: Local auto companies need to be more competitive
By ONG HAN SEAN PEKAN: The liberalisation of the automotive industry means local companies will have to adapt and improvise to become more competitive, said Prime Minister Datuk Seri Najib Tun Razak. He said it was important for the private sector to ...


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