The News Review:
- The US Auto Industry in 2012
- GTA: Chinatown Wars PSP-Bound
- Fire damages 20 vehicles at auto storage and sales yard near Martinez
- Japan’s Export Plunge Worsens
- Past week sees elaborate auto heist gang attack and $55k robbery
- Auto market leans toward the little guys
The US Auto Industry in 2012
BusinessWeek
Given that the nation’s economic success has long been built on Americans’ personal and business mobility the positive news is that there are nearly 250 million cars trucks and SUVs on the road in this country. Those 250 million vehicles can’t be driven forever; at our current rate of annualized automobile sales it would take a quarter of a century to replace the nation’s entire automotive fleet. As a comparison in 1933 in the depths of the Great Depression the turnover sales rate of our auto fleet was just 14.
GTA: Chinatown Wars PSP-Bound
Red Herring
5in;mso-footer-margin:. 5in;mso-paper-source:0;}div. Section1{page:Section1;}–> The formerly DS-exclusive title Grand Theft Auto: Chinatown Wars will now be heading to the PSP and PSP Go as well Take-Two Games announced on Monday. Take-Two subsidiaries Rockstar Leeds and Rockstar North developed Chinatown Wars. ?Rockstar’s work with the GTA series has been an enormous part of the success of PlayStation platforms” said Sony Computer Entertainment America CE and President Jack Tretton in a statement. “We’re excited to welcome the critically acclaimed Chinatown Wars to the outstanding line-up of great games headed to the PSP platform this fall. ? The game sports a top-down view similar to the first two games in the series.
Fire damages 20 vehicles at auto storage and sales yard near Martinez
San Jose Mercury News
The fire was reported about 9:35 p. Monday at Copart Salvage Auto Auctions 2701 Waterfront Rd. The business is located on industrial land between Interstate 680 to the west and the Tesoro Golden Eagle Refinery to the east.
Japan’s Export Plunge Worsens
Wall Street Journal
-bound auto exports nose-dived 54. 8% in May with Japanese shipments of auto parts down 47. 8 percent underlining the deepening woes in the U. “Although the pace of decline in exports became moderate overall exports remained depressed which squarely reflected the ongoing economic downturn” said Yu oki a finance ministry official.
Past week sees elaborate auto heist gang attack and $55k robbery
Gilroy Dispatch
An unknown number of suspects escaped police on foot after stealing three cars and at least $4000 worth of tires and rims from three additional vehicles across the city between 5 p. Thursday and 4:30 a.
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Auto market leans toward the little guys
United Press International
auto sales fall 33. 7 percent DETRIT June 22 (UPI) — The downturn in the U. auto market favors the little guys who do not need to sell as many cars to turn a profit an industry analyst said Monday. Smaller companies “can be profitable at a much smaller market size selling to.