The News Review:
- Higher Auto Mileage Standards Coming
- Thai auto sales fall marginally in November – Toyota unit
- CSK Auto Swings to 3Q Loss
- House Committee OKs Auto Safety Bill
Higher Auto Mileage Standards Coming
Motley Fool – Dec 18, 2007
The energy bill boosting mileage by 40 percent to 35 miles per gallon passed the House 314-100 and now goes to the White House following the Senate’s approval last week. In a statement the White House said Bush will sign the legislation at the Energy Department on Wednesday. In a dramatic shift to spur increased demand for nonfossil fuels the bill also requires a six-fold increase in ethanol use to 36 billion gallons a year by 2022 a boon to farmers. And it requires new energy efficiency standards for an array of appliances lighting and commercial and government buildings.
Thai auto sales fall marginally in November – Toyota unit
Forbes – Dec 18, 2007
1 percent in November from a year earlier as worries about the nation’s economic outlook weighed on sales Toyota Motor Thailand said Tuesday. Sales dropped to 57719 vehicles last month. Commercial vehicle sales dropped 14. 9 percent but most other categories posted slight increases it said.
CSK Auto Swings to 3Q Loss
Motley Fool – Dec 18, 2007
said Tuesday it swung to a third-quarter loss hurt by lower customer traffic and higher operating administrative and store closing costs. The company posted a loss of $5. 8 million or 13 cents per share compared with a profit of $3. 2 million or 7 cents per share in the year-ago quarter.
House Committee OKs Auto Safety Bill
Motley Fool – Dec 18, 2007
The House Energy and Commerce Committee on a voice vote passed a bill that would require federal regulators to consider ways of diminishing blind zones in large sport utility vehicles and pickups preventing vehicles from rolling away and making power windows safer. John Dingell D-Mich. the committee’s chairman said it would “help protect these young victims by instituting common-sense safety provisions in the design of cars.