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Auto News 09/2013

Windy City Stocks: Auto Industry [Navistar International Corp, LKQ Corporation ...
Windy City Stocks: Auto Industry [Navistar International Corp, LKQ Corporation ...

Fate of GM, Toyota Factories Hangs on Australian Election
Rudd's government has set aside A$5.4 billion ($4.8 billion) for the domestic car industry until 2020 and pledged another A$700 million during the campaign. Facing a deteriorating budget position, opposition leader Tony Abbott, the opinion poll ...

Volkswagen Confirms Xinjiang Factory to Produce VW Santana
“For three decades, Volkswagen has been the most responsible partner of China's auto industry. Today, with Shanghai Volkswagen, we take another pioneering step. Production of our new Volkswagen Santana brings mobility and clear future prospects for ...

Michigan's new car czar has two titles and a mission to grow jobs
Local auto industry and economic development groups have been suggesting for years that Michigan create an auto czar position of some kind, in response to aggressive campaigns by other states and their governors to lure car and truck assembly plants, ...

Tata, Mahindra car sales slump; rupee to add to industry woes
The data comes after industry-wide car sales declined for nine straight months to July and as some automakers move to curtail production and reduce labour costs. Tata Motors Ltd said local vehicle sales fell 33 percent last month, while passenger car ...

RPT-Tata, Mahindra car sales slump; rupee to add to industry woes
The data comes after industry-wide car sales declined for nine straight months to July and as some automakers move to curtail production and reduce labour costs. Tata Motors Ltd said local vehicle sales fell 33 percent last month, while passenger car ...

Tata, Mahindra car sales slump; rupee to add to industry woes
"Immediate action by the government is needed so as not to lose out on the upcoming festive season wherein sales could look up and bring some cheer for the auto industry," Pravin Shah, head of Mahindra's automotive division, said on Sunday. India and ...

Tata, M&M car sales slump; falling rupee to hurt industry
The data comes after industry-wide car sales declined for nine straight months to July and as some automakers move to curtail production and reduce labour costs. Tata Motors Ltd (TAMO.NS) said local vehicle sales fell 33 percent last month, while ...

5 things the auto industry can learn from Tesla
Without a doubt, every major carmaker in the world is dissecting the success of Tesla Motors, Elon Musk's electric car company that is disrupting the traditional automotive industry. Yes, Tesla Motors is still a relatively small car company headed up ...

Automotive industry slump continues, grim cheer ahead
The slump in the automobile industry continued in August on rising fuel costs and interest rates amid a sinking rupee, and the industry looks, like the average citizen, likely to see limited cheer in the festive months ahead, when Indians traditionally ...

US car industry boosts demand for components
The recovering automotive industry has led to a significant increase in demand for components, according to the organizers of North America's largest coil winding, insulation and electrical manufacturing exhibition (CWIEME). US car sales jumped by over ...

Auto industry sparks return
While we take time to celebrate the American worker this Labor Day, The Press looks at trends in the manufacturing sector, including interviews with local business owners, economic development officials, educators and others who see a resurgence in the ...

Veteran exec to head new Michigan auto industry office
Michigan Gov. Rick Snyder on Tuesday announced he has created a new automotive industry office and has tapped Nigel J. Francis, with 29 years of executive experience in the automotive industry, as the state's automotive adviser. Francis' appointment ...

Automated and Connected Vehicle Technologies: The Automotive Industry's ...
Automated and Connected Vehicle Technologies: The Automotive Industry's ...

Car industry expects FBT hit to continue
Official figures released today by the Federal Chamber of Automotive Industries show the market slumped by 0.2 per cent to 93,336 registrations for the month and is now only up by 4 per cent year-to-date (to 757,282). It had been growing by 5 per cent ...

India Minister: Genuine Case for Giving Stimulus Package for Auto Industry
NEW DELHI--India's heavy industries minister said Wednesday that there is a need to provide a stimulus package for the country's automotive industry to tide over the current slowdown in the market. "There is genuinely a case for stimulus for the auto ...

Prime Minister Kevin Rudd speaks to workers at Futuris Automotive in Edinburgh ...
Prime Minister Kevin Rudd speaks to workers at Futuris Automotive in Edinburgh ...

New Car Transaction Prices in August 2013 Up 3.2 Percent, Industry Average ...
New Car Transaction Prices in August 2013 Up 3.2 Percent, Industry Average ...

Snyder creates auto-focused office to grow business, names Michigan's new ...
Snyder creates auto-focused office to grow business, names Michigan's new ...

Volvo To Direct Chinese Auto Policy
CATARC are a government backed think-tank based in Tianjin, they were created at the behest of the Central Government to research the auto industry which was once a growing industry but has now transformed into a pillar industry for the Chinese economy ...

Auto industry seeks tax sops to drive sales
New Delhi, Sep 4 (IANS) Indian automobile industry Wednesday asked the government to ease taxes as part of the measures to reverse the slowdown in sales. The industry players, who attended the Society of Indian Automobile Manufacturers (SIAM) annual ...

Car industry braces for further slowdown after FBT changes
The Federal Chamber of Automotive Industries revealed yesterday sales - which had been growing at five per cent in the first half of the year - had suddenly stalled, down by 0.2 per cent this August compared to August last year. The industry is bracing ...

Snyder creates Automotive Industry Office
LANSING (WKZO) -- The state of Michigan now has an Automotive Industry Office. Governor Rick Snyder has tapped Nigel Francis to lead the department, and he brings in nearly three decades of experience in the global automotive industry. In announcing ...

Rainbow PUSH Seeks Economic Parity in Automotive Industry
The Rainbow PUSH Automotive Project, an initiative of the Citizenship Education Fund, will convene its 14th Annual Rainbow PUSH Global Automotive Summit, October 2-3, at the MGM Grand Detroit Meeting & Events Center in Detroit. This year's theme ...

Smuggled cars: Auto industry suffering aftershocks of imports
He said that the present import policy continues to pose a threat to the local auto industry because, while import of used cars is restricted to three years, all other vehicles such as Vans, SUVs and 4x4s, up to five years old are allowed to be ...

While Detroit is going bust, the US auto industry is booming
There is no small touch of irony in the fact that as Detroit filed for bankruptcy, the U.S. car makers are enjoying boom times. Sales for the Big Three in July were the highest in seven years. GM, Ford and Chrysler are adding shifts and hiring workers ...

The Auto Industry's New, Uncompromisng Approach To Vehicle Design Is ...
The Auto Industry's New, Uncompromisng Approach To Vehicle Design Is ...

Auto industry 'bright star' in US economy, records best sales month since 2007
DETROIT- The U.S. automotive industry surprised many in August by bucking stock market trends and recording the best month of sales since May 2007. The majority of automakers, including the Detroit Three, reported double-digit sales gains last month ...

Auto Industry Recovery Shifts Into High Gear
At the height of the recession, it wasn't uncommon to find car dealerships shutting their doors. New car sales numbers released this week show economic recovery for the auto industry have kicked into high gear. New car sales nationwide jumped 17 ...

Falling Rupee Puts Brakes on India's Auto Industry
Renault cars parked at the company stockyard on the outskirts of Ahmedabad, Gujarat, on Amit Dave/Reuters Renault cars parked at the company stockyard on the outskirts of Ahmedabad, Gujarat, on June 11. NEW DELHI— When top executives from India's ...

French students investigate Sunderland's automotive industry
ZUT alors – a group of students from Sunderland's French twin town are getting the low-down on the city's automotive industry. Seat manufacturer Tacle, battery specialist Rayovac and the University of Sunderland's Institute of Advanced Manufacturing ...

US Car Sales Soar to Pre-Slump Level
Automotive website TrueCar.com estimates car companies spent an average of $2,477 on sales incentives last month, down 2.6% from a year ago and the lowest level since January. While the sales pace returned to prerecession levels, the U.S. auto industry ...

3 Ways The Automotive Industry Will Change By 2020
Electric vehicles, autonomous cars, vehicle-to-vehicle connectivity--anyone who pays even a little bit of attention to the automotive industry has an inkling of what the future of driving will look like. In a new report, McKinsey & Company outlines how ...

AFG examines the local auto industry
John Welby of DHL spoke about the recent developments in the Auto Industry in Thailand, the strategic geographical location of South East Asia where Thailand serves as the base for Auto Industry in the region. Mention was made of the reduction in sales ...

Michigan creates Automotive Industry Office
LANSING — Gov. Rick Snyder has tapped a veteran auto industry executive to become the state's automotive advisor. The appointment of Nigel Francis and creation of the Automotive Industry Office were effective as of Sunday. Francis will make $170,000 a ...

New book looks at JD Power's impact on auto industry
When the history of the automotive industry in the 21st Century is written, it will be hard to ignore the long-term influence of J.D. “Dave” Power III and the rankings produced by Westlake Village-based J.D. Power & Associates. Power' pioneering ...

US auto industry welcomes profits, boosts production
What's more, the automotive comeback crossed an important milestone as the industry's annual selling rate reached 16.1 million, the fastest since October 2007 and a volume that signifies a robust car market. As the fifth anniversary of the collapse of ...

Susan J. Demas: US auto industry is roaring back, bringing good and bad news ...
Susan J. Demas: US auto industry is roaring back, bringing good and bad news ...

How America's Amazing Car Recovery Explains the Economy
In the last 30 years, the automobile has faded slightly in the American imagination, but today the car industry does, in fact, explain the American economy. It is a surprisingly durable, fantastically productive juggernaut, whose success relies on the ...

Harman CEO Sees Signs Of Europe Auto Industry Pickup
The future's looking bright, car audio systems maker Harman International (HAR) said, as Europe's automotive industry revs up for recovery. Harman CEO Dinesh Paliwal said in an interview with Reuters news service Friday there are signs that vehicle ...

Helping Michigan's Most Important Industry Grow
“For me, the really great success will be in 20 to 30 years time, to see that Michigan's automobile industry has substantially grown and repositioned itself,” said Nigel Francis, who is following up a 29 year career in the auto industry with a new role ...

Expert: West Central Ohio positioned well for auto industry growth
LIMA — West Central Ohio manufacturers and suppliers are at the geographic center of the North American auto industry and can reap benefits as car sales surge, industry experts said Friday. August auto sales numbers released this week show an industry ...

Auto industry gets tough on Japan in trade agreement talks
The American Automotive Policy Council, a trade group representing the Big Three automakers, is pushing back hard against Japan's new place at the negotiating table for one of the most comprehensive free-trade deals in years. Initially conceived as an ...

Gov't hopes to finalize road map for auto industry
MANILA, Philippines - The government is aiming to finalize the road map for the automotive industry in the last quarter of the year. “The government will have a decision on the auto policy by the fourth quarter,” Trade Undersecretary Adrian Cristobal ...

Auto industry gets tough on Japan in trade agreement talks
Sep 07, 2013 (Menafn - Vindicator - McClatchy-Tribune Information Services via COMTEX) --YOUNGSTOWN _ The American Automotive Policy Council, a trade group representing the Big Three automakers, is pushing back hard against Japan's new place at ...

Falling Rupee kills the Vroom of the Indian Auto Industry - Toboc
tradenews The gears aren't kicking in, the pickup is laboured and the ground clearance puts a tractor to shame. No, we aren't talking about a recently released hatchback, but the Indian automotive industry. Caught unaware in the merciless grip of the ...

Cars: Turnover of automotive industry might increase by 13-15 percent this year
The turnover of the automotive industry might increase by 13-15 percent this year after amounting to 13.27 billion euros in 2012, said Gheorghe Druta, technical adviser of the Association of Motorcar Makers in Romania (ACAROM), on Thursday. 'The ...

Global and China Automotive Lighting Industry Report, 2013
FOR IMMEDIATE RELEASE, Illinois – United States – September 09, 2013 (PR Carbon): Reportstack has announced a new market report titled Global and China Automotive Lighting Industry Report, 2013 which covers Global Automotive Industry and Market, ...

Rainbow PUSH Global Automotive Summit Focuses on Economic Parity
The Rainbow PUSH Global Automotive Summit is the only conference that delves deeply into the automotive industry as it relates to people of color, with emphasis on African American concerns. In January 2013, the Rainbow PUSH Automotive Project ...

Bolstering the Automotive industry with lightweight, crash-safe cars
Designing lightweight and crash-safe vehicles is one of the main pressures facing the highly competitive automotive manufacturing industry. Environmental concerns and public opinion increasingly reveal the need for car manufacturers to drive away from ...


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