A Savage Factory: An Eyewitness Account of the Auto Industry's Self-Destruction
The Economist (Free subscription) | yesterday
An unlikely explanation for high auto prices EARLIER this week, I pointed to a surprising increase in vehicle prices in the Consumer Price Index and noted that the rise seemed to be due to Cash for Clunkers, which depleted vehicle inventories. Prices were up because there were fewer cars on lots.The New York Times' Floyd Norris has a different explanation—prices have risen because the auto industry...
The Truth About Cars (Free subscription) | 19/11/2009
One of the most overlooked arguments during last year’s bailout debates was the fact that America’s automotive industry was not under threat. Sure, a few companies based in Detroit were panhandling at death’s door, but so-called “import brands” had been employing more Americans than the Detroit three for years. And America’s transplant auto industry is [...]
People Daily (Free subscription) | yesterday
Tax-take from the automobile industry has surged in the first 10 months this year as auto production and sales were booming in the world's largest market. The State Administration of Taxation said Friday value added tax (VAT) paid by the transportation equipment manufacturing industry grew 28.8 percent to 88.6 billion yuan (13 billion U.S. dollars) during the period, and business income tax revenue...
Auto Channel (Free subscription) | yesterday
France24 (Free subscription) | yesterday
Interactive graphic on Volkswagen, Europe's biggest carmaker, whose supervisory board has cleared the way for its planned takeover of luxury sportscar maker Porsche to forge a merged German car giant.
BizKnowledge Watch (Free subscription) | yesterday
On November 24-25 IESE will host the 24th Annual Meeting of the Automotive Sector whose central theme will be “The Automotive Industry in 2020.” The event’s participants will include José Manuel Machado, the chairman and CEO of Ford Spain; Fumiaki Matsumoto, the general manager of Nissan Spain; Rafael Prieto, the managing director of Peugeot Spain, [...]
Stockpreacher Penny Stock Blog (Free subscription) | yesterday
China Automotive Systems Inc. (NASDAQ: CAAS) China Automotive Systems Inc. (CAAS), through its interests in Sino-foreign joint ventures, engages in the manufacture and sale of automotive systems and components for the automobile industry in the People’s Republic of China. The Company offers automotive parts, power steering gears, automotive steering gears, steering pumps, sensor modular and [...]...
Council on Foreign Relations (Free subscription) | 19/11/2009
Watch experts weigh in on the role that the govenment should play in the private sector given the recent experiences of the automotive industry.
Council on Foreign Relations (Free subscription) | 19/11/2009
Listen to experts weigh in on the role that the govenment should play in the private sector given the recent experiences of the automotive industry.
People Daily (Free subscription) | 19/11/2009
South Korean President Lee Myung-bak said Thursday, with respect to the bilateral free trade pact, his country may talk again with the U.S. if the auto trade issue stands in the way. &$ &$Source: Xinhua&$ &$ ...
Auto Channel (Free subscription) | 19/11/2009
'Making the Indian auto industry more competitive at the global level is the hallmark of this conference,' said Satkar Grewal of Maruti Suzuki after one of last year's events. Added Pawankumar Chelamkuri of Daimler Hero Commercial Vehicles: 'There is immense potential when a group of people sharing the same problems can discuss them under one roof and resolve the challenges faced.'
The Guardian (Free subscription) | yesterday
Commercial vehicle production is down 60.0% for the first 10 months of this year Car production fell last month, but the decline was the smallest this year, it was announced today. A total of 106,400 cars were made in the UK in October 2009 - a drop of 6.7% on the October 2008 figure, the Society of Motor Manufacturers and Traders (SMMT) said. Commercial vehicle (CV) production fell 39.5% last month....
Autocar (Free subscription) | yesterday
Well, as expected the Rover 800 - which remains the best car I have ever owned for a two month period - made a suitably underwhelming sum of £150 at auction. It may well be broken for its beautifully functioning engine and gearbox, even though it will run for many a year yet. It may even have continued covering 1500 miles every few days, as it has been managing with me recently. A motor industry...
Government Bytes (Free subscription) | yesterday
The season of giving is near, and leave it to the government to think it has the prerogative to “give” away taxpayer money. It was bad enough that the federal government bailed out banks last fall, but then they went a step further in the wrong direction by bailing out the automotive industry. To date, $78.9 BILLION in taxpayers' money has gone to bailout GM, Chrysler, and GMAC. This number...
PR News Wire (Free subscription) | yesterday
HOUSTON, Nov. 20 /PRNewswire-FirstCall/ -- Automotive Software Designers, Inc., a leading provider of software and services for the automotive industry and a wholly owned subsidiary of Optical Systems, Inc. (Pink Sheets: OPSY) today announced that Allen Honda in central Texas has selected Save-a-Deal 2010 as its customer relationship management (CRM) software.
The 3 latest articles published by users on Auto industry :
traimi | 29/09/2009
The hurdles are not over for the planned takeover of Magna International and Sberbank of General Motor’s Opel /Vauxhall segment. Sberbank, Russia’s biggest lender, is looking for a domestic carmaker to be its industrial partner.
traimi | 24/09/2009
In another case of a supplier transforming into a threat is Magna International’s takeover of Opel with Russian partner Sberbank . Volkswagen said that it will withdraw business from Magna if the takeover pushes through.
traimi | 13/09/2009
Finally, the verdict is in! General Motors sold a 55% stake in Vauxhall and Opel to Magna International and its Russian banking partner Sberbank. GM retains 35% of the company, while the remaining 10% will be held by an Opel employee trust fund.
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