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May 30, 2007

Japanese auto production slips for second straight month in April…

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The News Review:

- Japanese auto production slips for second straight month in April…
- Japan Auto Exports to US Fall 1st Time in 27 Months (Update3)
- Schwarzenegger says he’s doing auto sector a favour
- Pre-paid auto system in Dharwad likely
- The Cerberus-Chrysler deal: The case for public ownership of the auto…
- Augusta Auto Auction to be sold to Florida company.

Japanese auto production slips for second straight month in April…
International Herald Tribune – May 30, 2007
8 percent fewer vehicles in April than they did a year ago amid weakening domestic demand an industry group said Wednesday. But exports continued to grow.

Japan Auto Exports to US Fall 1st Time in 27 Months (Update3)
Bloomberg – May 30, 2007
fell for the first time in 27 months led by Toyota Motor Corp. as the automaker prepares to release new models in the world'sbiggest auto market.

Schwarzenegger says he’s doing auto sector a favour
Globe and Mail – May 30, 2007
In a luncheon speech in Toronto Mr. Schwarzenegger talked about the legislation he signed into law last fall that will force the state’s leading industries to reduce their greenhouse gas emissions to 1990 levels by 2020. The full text of this article has 635 words.

Pre-paid auto system in Dharwad likely
Times of India – May 30, 2007
Addressing a meeting attendedby members of various citizens’ organisations on Tuesday DCP (crime andtraffic) R Dileep said the pre-paid system will help prevent harassment ofpassengers by auto drivers besides providing the operators fair and just fare. Pre-paid counters will be setup near old bus stand. Dileep said the police were making efforts to streamlinethe traffic and asked vendors to vacate the footpaths and carry on theirbusiness from the slots allotted to them. Regarding overloading ofschoolchildren in autorickshaws Dileep said action will be taken against autodrivers violating the rules.

The Cerberus-Chrysler deal: The case for public ownership of the auto…
World Socialist Web Site – May 30, 2007
The buyout?the first by a private equity firm of a major auto producer?threatens the jobs and livelihoods of Chrysler?s 80000 workers in the US and Canada and sets a precedent for an intensified attack on all autoworkers. The Cerberus takeover marks a new stage in the decades-long assault on the jobs and living standards of auto workers and industrial workers as a whole. It is the product not simply of the subjective greed of corporate executives and speculators but of the crisis and failure of the capitalist system itself. Ever more brutally the living standards of working people all over the world are being sacrificed to maintain a parasitic and socially destructive system that subordinates all social needs to the further enrichment of a financial elite. The global character of the attack on auto workers demonstrates that it is the expression of a systemic crisis in the auto industry and the profit system as a whole.
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Augusta Auto Auction to be sold to Florida company.
Free with registration – Augusta Chronicle – AccessMyLibrary.com – May 30, 2007
Augusta Auto Auction to be sold to Florida company. (30-MAY-07) Augusta Chronicle (Augusta GA).

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