The News Review:
- Wonder Auto to Sell 3 Million Shares
- SportingNews.com – Your expert source for NASCAR Auto Racing stats…
- We have no plans to exit auto biz: Lal
- Big Auto’s race to get green
- Farmers Insurance Introduces New Annual Auto Policy in Ohio
- Optessa Helps Auto Makers Deliver on Customer Demand With Next…
- Auto Icon Announces Retirement
Wonder Auto to Sell 3 Million Shares
Motley Fool – Dec 11, 2007
a China-based auto parts supplier said Tuesday it agreed to sell 3 million new shares of its common stock for $8. 65 per share in a private placement. The news sent Wonder Auto shares down 93 cents or 9.
SportingNews.com – Your expert source for NASCAR Auto Racing stats…
SportingNews.com – Dec 11, 2007
Johnson driver of the Lowe’s No. 48 at Hendrick Motorsports and an original member of Gillette’s “Young Guns” hopes to capitalize on his consecutive titles with the type of off-track deals that will broaden his appeal and take his endorsement reach beyond the racetrack. He has met with as many as eight agencies from motorsports marketing to full-service talent representation and two finalists have emerged: CAA and Wasserman Media Group. It’s uncertain when Johnson might make a final decision on an agency but he is believed to be poised to choose one in the coming week.
We have no plans to exit auto biz: Lal
Times of India – Dec 11, 2007
Lal said he expected a major thrust in the heavy dutyvehicles segment. having exited the tractor business in 2005 there isspeculation of the Lals exiting the automobile business over the next few yearssomething that Lal denies vehemently. He spoke to TOI after announcing the JV onMonday.
Big Auto’s race to get green
Globe and Mail – Dec 11, 2007
The Civic is one of 28 gasoline-powered 2008 model-year vehicles eligible for the credit. That’s a significant increase from the 17 vehicles that generated rebates in the 2007 model year in a program that all auto makers but one have criticized as distorting the market and giving preference to buyers of vehicles from Toyota Canada Inc. But even as they were blasting Transport Canada’s ecoAuto rebate scheme and lobbying to have it overturned vehicle companies were working feverishly on changes that got some vehicles on the rebate list or eliminated levies of up to $4000 on the penalty side of the federal program. More Report on Business Stories.
Farmers Insurance Introduces New Annual Auto Policy in Ohio
Insurance Journal – Dec 11, 2007
com%2Fnews%2Fmidwest%2F2007%2F12%2F11%2F85537. “The annual auto policy provides the same wide array of coverages and discounts available on the six-month policy and does so at a price that is “locked” in for a full year” explained Kevin Kelso president of Personal Lines Farmers Insurance Group. “Most auto insurance policies renew every six months. Now with Farmers’ annual auto policy policyholders can lock in a low price for a full 12 months so they know exactly what their coverage will cost for the whole year” Kelso added. “Existing Farmers auto policyholders may choose to take the one-year policy at renewal time or remain with a six-month policy. ” Farmers Group Inc.
Optessa Helps Auto Makers Deliver on Customer Demand With Next…
Earthtimes – Dec 11, 2007
With increasing productvariety auto makers today face the demanding challenge of efficientlyscheduling the assembly of thousands of different product configurations. At the same time global brands must fulfill each order with faster deliverytimes and yet keep the operation lean. To address these challenges some of the world’s top auto makers useOptessa MLS to effectively optimize and balance auto assembly planningsequencing and scheduling across all product lines and constraints.
Auto Icon Announces Retirement
WILX-TV – Dec 11, 2007
The 75-year-old Lutz is GM’s vice chairman for global product development and is shepherding development of the Chevrolet Volt. The Volt is an electric sedan that can be recharged by plugging it into a household outlet. Lutz’s automotive career spans more than four decades. He came to GM in 2001 after a stint as chief of the battery maker Exide Technologies and held executive jobs at Chrysler Ford and BMW.