bama Directs Regulators to Tighten Auto Rules

The News Review:

- bama Directs Regulators to Tighten Auto Rules
- Italy holds talks with its struggling auto industry
- GM Ford Chrysler Lost About 988 Auto Dealers During 2008
- Panasonic intros new Lumix digital cameras

bama Directs Regulators to Tighten Auto Rules
New York Times United States 
The Bush administration failed to write any regulations to enforce the new law. nce the agencies act automobile manufacturers will quickly have to retool to begin producing and selling cars and trucks that are cleaner and get better gas mileage on an accelerated schedule. The auto companies have lobbied hard against the regulations and have challenged them in court.

Italy holds talks with its struggling auto industry
Reuters 
ne of his ministers has warned however against giving Fiat preferential treatment. Italy’s car industry dominated by Fiat employs 375000 people directly and indirectly. With an annual turnover of 165 billion euros it accounts for 10. 7 percent of gross domestic product according to the main auto industry association ANFIA. With Fiat’s net industrial debt outweighing its market value Marchionne has been shutting down production at plants in Italy for short periods to cut costs. Trying to ensure Fiat’s survival he plans a partnership with Chrysler CBS. UL and is talking with banks about a credit line to help cover 3.

GM Ford Chrysler Lost About 988 Auto Dealers During 2008
Bloomberg 
25 (Bloomberg) — General Motors Corp. and Chrysler LLC said about 988 of their autodealerships closed or were consolidated last year. The automakers meeting with dealers at the NationalAutomobile Dealers Association convention in New rleansthis weekend said the lowest sales rate of light trucksand cars in the U. last year since 1992 meant somedealers couldn't make it. “Everybody is struggling right now in the U.
Related from Investingmonster: Should You be Investing in the Automakers (Ford GM)?

Panasonic intros new Lumix digital cameras
Macworld CA 
0-inch LCD display and shares the same slim look as other FS-series Lumix cameras. The camera?s ?Intelligent Auto? mode includes Auto Focus tracking and ?Intelligent Exposure? functions. It works with SD and SDHC memory cards. It?s priced at $249. 95; it will be available in silver black and gold finishes. The FX580 also features a 12.

Written by admin on January 28th, 2009 with no comments.
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