China Creates A National Auto Champion
The News Review:
- China Creates A National Auto Champion
- Auto industry feels the pinch of the falling housing industry
- Autos’ year of living dangerously
- PPG Indus. says Platinum Equity plans to end pact to buy auto glass…
- SportingNews.com – Your expert source for NASCAR Auto Racing stats…
- A new MCD scheme for auto-rickshaws
- The Credit Crunch / Bumpy Ride: Credit issues just one obstacle to…
China Creates A National Auto Champion
Forbes – Dec 27, 2007
is taking over smaller state-owned rival Nanjing Automobile it was announced Wednesday. In a sector littered with over a hundred auto companies many tiny the combined entity is being touted by Chinese media as the equivalent of an aircraft carrier capable of producing 2 million vehicles a year and competing internationally. Chinese economic planners have drawn up a blueprint to create one or two auto giants through consolidation aiming to claw back ground in the fast-growing Chinese auto market lost to foreign car makers chief among them General Motors (nyse:.
Auto industry feels the pinch of the falling housing industry
Seattle Post Intelligencer – Dec 27, 2007
Auto industry feels the pinch of the falling housing industry. Keller General Contracting Co. of Loxahatchee Fla. probably should replace its seven-year-old Ford F-350 Super Duty pickup.
Autos’ year of living dangerously
cnn.com – Dec 27, 2007
If you followed the money in the auto industry in 2007 you got some clues about where the industry is headed. And the future doesn’t look anything like the past.
PPG Indus. says Platinum Equity plans to end pact to buy auto glass…
Forbes – Dec 27, 2007
31 the contract to buy PPG’s automotive glass and replacement businesses. PPG said it intends to ‘vigorously’ enforce its rights under the agreement with Platinum. If the deal doesn’t close the company said it will continue to explore divestiture restructuring and other strategic alternatives for the businesses. PPG said the affiliates of Platinum equity had filed suit in the Supreme Court of New York alleging that it doesn’t have to complete the deal.
SportingNews.com – Your expert source for NASCAR Auto Racing stats…
SportingNews.com – Dec 27, 2007
Now that we’ve put the pressure on Sorenson we’ll see what he’s got. We’d be talking about his first win had he not come up a lap of gas short last spring at Atlanta. So let’s talk Brickyard instead: his first pole a fifth-place finish — the kind of weekend that would make Helio Castroneves dance. Potential? Yeah he’s got it.
A new MCD scheme for auto-rickshaws
Hindu – Dec 27, 2007
At a meeting of the MCD Standing Committee on Wednesday Additional Deputy Commissioner (Remunerative Project Cell and Advertising) Amiya Chandra said the scheme under which auto-rickshaw drivers would also be provided a comprehensive health insurance plan was fraught with logistical problems as it was difficult to coordinate the over 70000 auto-rickshaw drivers on the Capital’s roads. “We have received several complaints about their behaviour how they overcharge and indulge in rash driving under the influence of alcohol. Therefore we have decided to chalk out a programme under which drivers will be taught to follow traffic rules and counselled on substance abuse by non-government organisations.
The Credit Crunch / Bumpy Ride: Credit issues just one obstacle to…
Pittsburgh Post-Gazette – Pittsburgh Post Gazette – Dec 27, 2007
However nationally things look considerably different. The credit crunch in the home industry is taking a toll. According to a poll done this summer by CNW Research almost 18 percent of people in the market for a new vehicle postponed their purchase because of home-related issues. That figure was up by 9 percent from 2006.
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