auto industry

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Latest blogosphere posts tagged “auto industry”

  • Tata Motors posts consolidated quarterly profit


    Thaindian NewsAuthority Authority: 729
    Mumbai, Nov 28 (ANI): Tata Motors surprisingly posted a consolidated profit for the September quarter, helped by tighter control of costs and gains from investments in associate firms. Tata Motors, the owner of UK-based Jaguar and Land Rover brands, on Friday reported a consolidated net profit of 217.8 million rupees ...
    1 day ago
  • China’s Automakers Go Bargain Shopping For Global Brands


    AutoBrag BlogAuthority Authority: 153
    Chinese car maker Beijing Automotive Industry Holding Corp ( BAIC ) said it was reassessing the situation after a consortium it belonged to dropped a bid to buy General Motors’ Saab unit. China’s relatively cash-rich automakers have shown an increasing interest in overseas purchases, looking to pick up global ...
    1 day ago
  • Saab Purportedly Down But Not Out, The Saaga Continues


    Ride Lust - Motion + MobilityAuthority Authority: 429
    Earlier this week, underperforming Swedish automaker Saab received a crushing blow when Koenigsegg abruptly killed its pending purchase from General Motors. Using Penske’s 86′d Saturn purchase as a yardstick, speculations immediately arose that with no buyer waiting in the wings Saab was next in line to get the ...
    1 day ago
  • Vietnam Auto industry could splutter and die


    Chuck Kuhn's Asia in PhotosAuthority Authority: 130
    "Vietnam auto industry could splutter and die Visitors at the fifth Vietnam Motorshow in Ho Chi Minh City last week. Vietnam’s regional and global tax-cut commitments could mean the death of local car makers within the next ten years if there are be no improvements to the industry’s development strategy, a trade ...
    1 day ago
  • Ford, Geely Reach Mutual Agreement Regarding Volvo’s Death Sentence


    Ride Lust - Motion + MobilityAuthority Authority: 429
    Appropriately enough given the grim nature of Black Friday, I’m kicking today’s headlines off with a new, genuinely depressing development in the ongoing Ford/Volvo/Geely saga. Although I had hoped the next report would involve some type of surprise bidding upset by the obscure Crown consortium , the unfortunate ...
    1 day ago
  • Auto production rises in Spain


    Thaindian NewsAuthority Authority: 729
    Madrid, Nov 27 (EFE) Production at automotive plants in Spain rose 5.7 percent last month, compared to October 2008, the National Automobile Manufacturers Association, or Anfac, said.Output during the month totalled 218,721 units, with private passenger vehicles accounting for 184,119 units, up 16.7 percent from ...
    1 day ago
  • history/mystery: suicided, sexcrimes and skull & bones


    media monarchyAuthority Authority: 433
    bmws quandt family faces its nazi past* court silences cia operative despite yellowcake scandal*cias lost magic manual resurfaces*mike connells family copes with his mysterious death, tipsters, legal options*balloon boy parents plead guilty*william bennet update: defense witness in robbery trial arrested in ...
    1 day ago
  • Grant to Michigan, Indiana and Ohio will research green economy impact on auto industry and dislocated auto workers


    River Country JournalAuthority Authority: 150
    Governor Jennifer Granholm has announced that the U.S. Department of Labor has awarded a partnership of Michigan, Indiana, and Ohio a total of $4 million in Recovery Act funds to research the workforce requirements of the future restructured auto industry and identify potential employment opportunities for dislocated ...
    2 days ago
  • GM returns Germany’s favor


    Allpar Chrysler, Dodge, and Jeep NewsAuthority Authority: 137
    The German government, which publicly slammed General Motors for not selling its Opel unit, will be faced with the bulk of Opel’s job cuts, according to GM’s new plan. The head of GM Europe, Nick Reilley, said that half or more of 9,000 job cuts would take place in Germany, according to Automotive News. GM [...]
    2 days ago
  • Washington Supreme Court reinstates $8 million judgement against Huyundai


    Oregon LivingAuthority Authority: 807
    In a 7-2 ruling, the high court reversed the Court of Appeals, which had overturned a trial court’s finding for Jesse Magana of Vancouver.
    3 days ago
  • Toyota Backpedals Furiously, Recalls 3.8M Vehicles For Faulty Accelerators


    Ride Lust - Motion + MobilityAuthority Authority: 429
    The accelerator pedal, right, in a 2010 Toyota Avalon is seen on the show room floor of Bobby Rahal Toyota in Mechanicsburg, Pa. , Wednesday, Nov. 25, 2009. When the news of Toyota’s spontaneously accelerating vehicles first broke , it was in the form of a grisly accident in Texas involving a Lexus, a jammed ...
    3 days ago
  • Episode 279 – Saab On Its Deathbed, China Sales To Soar, Most Drivers Ignore Recalls


    John's JournalAuthority Authority: 131
    Runtime 7:11 Swedish luxury automaker Koenigsegg announced that it was pulling out of its deal to buy Saab. Auto sales in China are expected to grow by 1 million units per year for the next 10 years. Why most consumers will ignore Toyota’s latest recall. All that and more, plus German Chancellor Angela Merkel ...
    3 days ago
  • An appeal for cleaner, more efficient cars


    theCLogAuthority Authority: 488
    Now that the U.S. government has a financial stake in the American auto industry, it’s advisable to watch legislation involving that sector all the closer. Here’s an opportunity to tell the government what you think about new auto standards. Note: the public comment period ends Friday. From ...
    3 days ago
  • Clunker Goals Get Clunker Results [GDP Update] – Open Thread


    NO QUARTERAuthority Authority: 570
    (Bumped up from Saturday and with revised GDP update) Trashing a vehicle is pretty easy to do. Of course, if your goal was to to have fun and still be able to drive home at the end of the day, then breaking an axle can only be counted as a very costly mistake. The kind of mistake that makes you wish you could ...
    4 days ago
  • Koenigsegg Pulls Out Unexpectedly, Prolongs GM’s Saab Story


    Ride Lust - Motion + MobilityAuthority Authority: 429
    Just a few minutes ago General Motors released a statement confirming that Koenigsegg has suddenly reneged on their agreement to purchase Saab. Despite the fact that GM is no stranger to failed deals (for further reference, please contact your nearest disgruntled Saturn dealer), CEO Fritz Henderson expressed surprise ...
    4 days ago
  • eBay Find of the Day: 1986 BMW L7, Probably Ill-Advised Edition


    Ride Lust - Motion + MobilityAuthority Authority: 429
    Yesterday, during the over-hyped debut of the new 2011 5-Series, I made a nostalgic reference to the extinct front end styling of 80s – early 90s Bimmers and, much to my surprise, received nary a grammatically incorrect letter of dissent. So, it is on that faintly encouraging note that I bring to you Tuesday’s ...
    4 days ago
  • Carmageddon 2.0


    Car Reviews & Car Buying BlogAuthority Authority: 164
    Think everything will be hunky-dory by, well, 2012? (Watch the  movie.) Fitch Ratings thinks the U.S. auto won’t get back on its feet anytime soon. Worse, the industry may be caught in an “airline-style” cycle of repetitive bankruptcies because of weak sales and a glut of production capacity. It is unusual for ...
    5 days ago
  • Tesla IPO: A Test for VC Model in the Auto Biz


    Renewable Energy News SyndicatorAuthority Authority: 163
    Last Friday, buzz about an imminent IPO for electric car startup Tesla Motors hit the Interwebs, courtesy of two anonymous sources familiar with the plans who spoke with Reuters. As in several previous stories about its possible plans for a public offering, the company has declined to comment.But if and when Tesla ...
    5 days ago
  • Tesla IPO: A Test for VC Model in the Auto Biz


    Earth2TechAuthority Authority: 637
    Last Friday, buzz about an imminent IPO for electric car startup Tesla Motors hit the Interwebs , courtesy of two anonymous sources familiar with the plans who spoke with Reuters . As in several previous stories about its possible plans for a public offering, the company has declined to comment. But if and when ...
    5 days ago
  • CAW workers approve new JCI contract


    Allpar Chrysler, Dodge, and Jeep NewsAuthority Authority: 137
    Members of the Canadian Auto Workers union at a Johnson Controls Inc. factory voted 91.3 percent in favor of a new contract over the weekend. The vote averted a strike that could have shut down production of Chrysler minivans at the Windsor, Ontario plant.The plant in Lakeshore, Ontario makes overhead components for ...
    5 days ago

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