The News Review:
- Hundreds of thousands to take a look at SF auto show
- European Auto ABS market slowdown seen continuing into Q4 – S&P
- Schumacher to test for Ferrari again in Jerez next month – Auto
- Czech car dealer AAA Auto to merge its four subsidiaries in Hungary
Hundreds of thousands to take a look at SF auto show
San Francisco Chronicle – Nov 22, 2007
tmpl –>Outside of the $700000 that many Bay Area residents pay for their houses these days the most expensive item most of them will ever buy is a car to put in the garage attached to that house. tmpl –> Images.
European Auto ABS market slowdown seen continuing into Q4 – S&P
Forbes – Nov 22, 2007
Despite the decreasing net loss rate S&P’s delinquency index increased to 0. 44 pct in September from 0. ‘The fact that the delinquency index rose during Q3 indicates that the severe delinquencies we are seeing in some transactions that we rate is not yet translating into defaults on auto ABS loans’ explained credit analyst Chiara Sardelli.
Schumacher to test for Ferrari again in Jerez next month – Auto
ESPN – Nov 22, 2007
Schumacher came out of retirement to set fastest lap times onconsecutive days of testing at Barcelona Spain last week. He willdrive for the Italian champions again in Jerez Spain from Dec. Ferrari wouldn’t confirm how many sessions the 38-year-oldGerman would take part in.
Czech car dealer AAA Auto to merge its four subsidiaries in Hungary
Forbes – Nov 22, 2007
1 next year in a bid to streamline its operations there and cut costs the company said. The company will merge its sales and real estate management subsidiaries into its main trading company Autocentrum AAA AUTO it said.