The News Review:
- Toyota to introduce concept pickup truck at Detroit auto show
- SportingNews.com – Your expert source for NASCAR Auto Racing stats…
- Housing gas prices may cast more gloom on ’08 auto sales
- 2007 auto sales likely fall to lowest level since 1998
- Auto Expo may soon become an annual event
- CORRECTED-Chinese car deal raises hopes for MG revival
- Digital meters: auto union demands time
Toyota to introduce concept pickup truck at Detroit auto show
MarketWatch – Dec 28, 2007
plans to introduce a concept hybrid pickup truck featuring improved fuel economy and lower emissions at the 2008 North American International Auto Show in Detroit the auto maker said Friday. The A-BAT concept vehicle is equipped with Hybrid Synergy Drive Toyota’s third-generation gasoline-electric hybrid power-train technology according to the company. Its trapezoidal profile was borrowed from the Prius another hybrid Toyota vehicle.
SportingNews.com – Your expert source for NASCAR Auto Racing stats…
SportingNews.com – Dec 28, 2007
To the surprise of absolutely no one back-to-back champion Jimmie Johnson is the favorite to win the series title. It also comes as no surprise that Joe Gibbs Racing’s switch to Toyota has lengthened the championship odds on Tony Stewart to 10-1 at most books. Inspired by the oddsmakers I’ve decided to express my take on the upcoming Cup season in terms of betting propositions some of which you might actually find at a Vegas sports book. Odds that Jimmie Johnson will win a third straight Cup title: 4-1.
Housing gas prices may cast more gloom on ’08 auto sales
Sacramento Bee – Dec 28, 2007
28 2007| Page 4E When they’ve stopped counting the new-car sales Monday night there will be almost universal agreement among those in the U. auto industry that 2007 was not a good year. The industry is hoping to register 16 million new-vehicle sales nationwide for the year down from 16. 6 million in 2006 and 17 million in 2005.
2007 auto sales likely fall to lowest level since 1998
Press-Enterprise – Dec 28, 2007
Holiday discounts failed to bring consumers out of their funk and December sales are expected to fall about 4 percent bringing the full-year total for U. 1 million vehicles the lowest since 1998.
Auto Expo may soon become an annual event
Times of India – Dec 28, 2007
Currently the programme isheld once in two years at Delhi’s Pragati Maidan. Though theprogramme’s organising bodies – Automotive Component Manufacturers Associationof India CII and the Society of Indian Automobile Manufacturers – are yet totake a final decision there have been requests from various states for holdingthe premier event alternatively between Delhi and their regions. CIInational trade fair committee chairman Rajive Kaul said: “The decision toorganise regional trade shows will be considered after the 9th Auto Expo slatedfor January 2008. Financial manpower and other logistical factors affectingmember firms will be taken into account before reaching a decision.
CORRECTED-Chinese car deal raises hopes for MG revival
International Herald Tribune – Dec 28, 2007
By Fang Yan A deal struck this week puts a venerable British motoring brand in the hands of China's top car maker raising hopes that Shanghai Automotive Co might do for MG what Germany's BMW did for the Mini. Shanghai Auto on Wednesday agreed a $286 million dollar (143. 4 million pound) deal to acquire the vehicle and core auto parts operations of Nanjing Auto an eastern China manufacturer which surprised car enthusiasts in 2005 by snapping up the MG brand and some other assets after the collapse of the British firm MG Rover. With a stock market value of $24 billion Shanghai Auto backed by parent SAIC has financial clout roughly equivalent to Italy's Fiat or Hyundai of South Korea. Today in Business with Reuters… Shanghai Auto on Wednesday agreed a $286 million dollar (143. 4 million pound) deal to acquire the vehicle and core auto parts operations of Nanjing Auto an eastern China manufacturer which surprised car enthusiasts in 2005 by snapping up the MG brand and some other assets after the collapse of the British firm MG Rover. With a stock market value of $24 billion Shanghai Auto backed by parent SAIC has financial clout roughly equivalent to Italy's Fiat or Hyundai of South Korea. Today in Business with Reuters.
Digital meters: auto union demands time
Hindu – Dec 28, 2007
10‘One-month extension not enough’ HYDERABAD: A day after the extension of the deadline for installation of digital meters from December 31 to January 31 auto drivers have demanded the Transport Department to push the date for six more months. Extension In a press release issued here on Thursday Andhra Pradesh Auto and Taxi Drivers Union General Secretary A. Ravi Shanker insisted that one-month extension would not be sufficient to fix prescribed devices. 10 lakh autos in the twin cities only 20000 vehicles have been installed with digital meters till date.