The News Review:
- Lear executive says auto makers more willing to link costs with price
- A glittering display at the Shanghai Auto Show
- SportingNews.com – Your expert source for NASCAR Auto Racing stats…
- State’s House Senate take different approaches on auto insurance…
- Toyota surpasses GM in global auto sales
- Denso’s Full-Year Profit Rises on Auto Parts Demand from Toyota
- Drive against auto drivers
Lear executive says auto makers more willing to link costs with price
MarketWatch – Apr 25, 2007
said Wednesday that auto makers are more willing to consider a supplier’s costs when negotiating annual prices for future contracts. Suppliers to auto makers struggled financially to meet annual price-reduction targets as raw-material prices have increased mid-contract. Typically suppliers can’t pass along raw-materials costs. Lear President Doug DelGrosso speaking during a conference call to discuss first-quarter results said auto makers now are more willing to talk about price reductions annually rather than setting them in stone years in advance.
A glittering display at the Shanghai Auto Show
央è§åé – Apr 25, 2007
Automakers are showing off a range of luxury sedans SUVs and sports cars. The sexiest exhibits include: — Ferrari FXX the most expensive. With an estimated price of between 12 million and 30 million yuan the stunning FXX sports car is the most advanced model made by the Italian carmaker and the most expensive vehicle ever sold. Michael Schumacher the seven-time Formula ne champion became the 30th owner of the supercar at the end of last year.
SportingNews.com – Your expert source for NASCAR Auto Racing stats…
SportingNews.com – Apr 25, 2007
teamed up Tuesday at LMS to promote the 2007 Nextel All-StarChallenge scheduled for May 19 at the racetrack in Concord N. Duringthe news conference Wheeler spoofed Earnhardt’s well-publicizedcontract negotiations by offering the driver of the No. 8 Chevy a “BigContract” worth.
State’s House Senate take different approaches on auto insurance…
Free with registration – Miami Herald – AccessMyLibrary.com – Apr 25, 2007
25–With less than two weeks before the end of the 2007 session lawmakers once again are focused on auto insurance. But the two proposals now moving to fix the stat.
Toyota surpasses GM in global auto sales
Bay Area Indymedia – Apr 25, 2007
With the exception of individual years in the 1970s and 1980s when production was cut due to labor strikes General Motors has held the number-one spot for every year since 1931?during the depths of the Great Depression. The long-awaited eclipsing of General Motors is symbolic not only for what it says about the demise of the once-mighty manufacturing giant but also for what it reveals about the historic decline of the world position of American capitalism. For most of the twentieth century GM was synonymous with the power and innovation of US industry. Today the Detroit-based auto manufacturer?which has been steadily losing market share for three decades and posted more than $12 billion in losses over the last two years?is retrenching its operations shedding tens of thousands of jobs and shuttering its factories.
Denso’s Full-Year Profit Rises on Auto Parts Demand from Toyota
Bloomberg – Apr 25, 2007
Japan's largest autoparts maker posted a 21 percent gain in full-year profit as itsold more parts to Toyota Motor Corp. and a weaker yen boostedoverseas sales. Net income rose to 205.
Drive against auto drivers
Hindu – Apr 25, 2007
Part of a weeklong drive the traffic police are now cracking the whip on auto-rickshaw drivers for overcharging refusal to take commuters to their destinations and misbehaviour. n Monday when the drive began traffic personnel prosecuted about 1300 auto-rickshaw drivers.