The News Review:
- Auto Makers Prepare To Shift Contracts If Magna Buys pel
- MARKET SNAPSHT: Housing And Auto Sectors Face Stimulus Withdrawals
- Gillette auto shop reports driver hit 11 vehicles
- Toyota to make largest auto recall in China
- Fiat searching for right road to Asia
Auto Makers Prepare To Shift Contracts If Magna Buys pel
Wall Street Journal
auto-parts makers about diverting some business from Magna International Inc. (MGA) if the company succeeds in buying General Motors Co.
MARKET SNAPSHT: Housing And Auto Sectors Face Stimulus Withdrawals
CNNMoney.com
“The recent strength in home and car sales got a large boost from thetransitory stimulus programs and we worry that sales have been brought forward” said William ‘Donnell an analyst at RBS in emailed comments. “If Peter hasin fact stolen from Paul then some benchmark economic releases could looksoggier as we hurtle toward year-end. n Monday stocks lost hold of early gains to end mostly in the red after afour-day winning streak with auto-related stocks leading declines among theconsumer discretionary sector which fell the most among the S&P 500 Index’s (SPX) 10 industry groups. Shares of Harman International Industries Inc.
Related from Rizzicreations: MARKET SNAPSHT: Housing And Auto Sectors Face Stimulus Withdrawals
Gillette auto shop reports driver hit 11 vehicles
Newsday
1392792″ “Gillette auto shop reports driver hit 11 vehicles” “” “nd”);’>Email. (AP) ? The owner of a Gillette auto sales yard says the driver of a pickup truck hit 11 vehicles at the business before driving away on Saturday morning. Bob Davis is owner of Roadrunner Auto in Gillette. He says his employees saw the driver first try to drive between two vehicles on the lot and accidentally hit one of them. Davis says the driver then apparently tried to flee and hit several more vehicles as he was backing up pushing one vehicle into the building. He says the damage was more than $80000.
Toyota to make largest auto recall in China
Reuters
T) will recall 688314 Camry and other sedans made at its two China joint ventures from Tuesday its largest recall in the country to fix a faulty electric switch to the window. But analysts say the.
Fiat searching for right road to Asia
Reuters
MI) needs to find a better route into the booming Asian car markets if it wants to catch its competitors and seal a place near the front of the grid of global automakers. Fiat maker of the diminutive Panda and Fiat 500 cars can’t rely on its recently acquired 20 percent stake in U. auto group Chrysler nor its own strength in Brazil to compensate for shrinking or stagnant sales in developed markets. “The fact that Fiat has practically nothing in Asia especially right now as that’s the only region in the world with reasonable growth is clearly a structural weakness for them” said a London-based analyst who declined to be named. Fiat’s global competitors like GM GM.