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February 10, 2012

November 26, 2007

Wonder Auto Technology gets $32M 3-yr contract to supply automotive…

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The News Review:

- Wonder Auto Technology gets $32M 3-yr contract to supply automotive…
- XM sees radio sales defying auto slump
- Snoop Dogg to Go ‘Ego Trippin’ ‘ in March ’08 Discovers Auto-Tune
- SportingNews.com – Your expert source for NASCAR Auto Racing stats…
- Auto Beat New Wheels For Car Boy–Update – BusinessWeek
- Many employees Christmas-shop at work; ‘friendly’ auto dealers…

Wonder Auto Technology gets $32M 3-yr contract to supply automotive…
Forbes – Nov 26, 2007
said on Monday it received a $32 million three-year contract to supply 800000 automotive alternators to a Shanghai-registered international auto parts procurement center. The alternators are expected to be exported overseas to a major global automotive maker in the largest supply contract to date for a foreign auto company according to the China-based manufacturer. ‘With this large new customer and the other new and existing customers we are optimistic that our anticipated sales in 2008 could exceed $140 million with over $20 million in net income’ the company said. The mean estimate of analysts polled by Thomson Financial is for fiscal 2008 net income of $19 million and revenue of $139 million.

XM sees radio sales defying auto slump
Globe and Mail – Nov 26, 2007
expects car radio sales to remain solid even if the most dire projections of slowing U. auto sales come true Chairman Gary Parsons said on Monday.

Snoop Dogg to Go ‘Ego Trippin’ ‘ in March ’08 Discovers Auto-Tune
Rolling Stone – Nov 26, 2007
It will be the LBC MC’s ninth album and first since 2006’s. The first single from the album “Sensual Seduction” features the D-O-double-G pulling double duties rapping and singing although the amount of Auto-Tune on Snoop’s voice makes him sound like an android.

SportingNews.com – Your expert source for NASCAR Auto Racing stats…
SportingNews.com – Nov 26, 2007
– Monday’s news conference at Lowe’s Motor Speedway was less a news event and more an attempt to put the best face on a mistake — a mistake that will cost city county and state governments $80 million. “I wouldn’t call it a mistake” Speedway Motorsports Inc. chairman Bruton Smith said after the formal portion of the news conference but his broad grin belied his amusement at the notion. Smith affirmed that Lowe’s Motor Speedway would remain in Concord this time “forever” as he put it. An $80 million incentive package helped convince Smith not to relocate the speedway as he had threatened to do after the Concord city council voted Oct.

Auto Beat New Wheels For Car Boy–Update – BusinessWeek
BusinessWeek – Nov 26, 2007
After weeks of deliberation I thought I would get the Saturn Astra. First the availability is now sometime in January. They were supposed to be here by November.

Many employees Christmas-shop at work; ‘friendly’ auto dealers…
Christian Science Monitor – Nov 26, 2007
5 percent of its value last week its third drop this month. ?Now that Christmas shopping season is under way how many people will use office computers on company time for their gift-buying? If results of a new survey by the Accountemps specialized staffing service are accurate: 1 in 5. Accountemps advises gift-buyers to be aware because visiting shopping websites often is against employer policy.

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