Automobile Industry News--3.29.12

Steel Duty Hike May Force Auto Industry Price Increases in India MetalMiner by TC Malhotra on March 29, 2012 The Indian auto industry is under pressure with the announcements made recently in the country's annual budget, reports Business Line. India's government budget spared diesel vehicles from additional tax, but according ... See all stories on this topic » MetalMiner

Lujiazui Breakfast: Guangzhou Automobile, Sany Heavy Industry, Ports, More Forbes Guangzhou Automobile will be China's first big auto group to have a listing in Hong Kong and domestic. It produces vehicles with Toyota and Honda. Among companies to report 2011 results today, Shanghai-listed Sany Heavy Industry, one of the world's ... See all stories on this topic »

Offensive in the Compact Segment Continues: Start of New Mercedes-Benz Plant ... MarketWatch (press release) With this offering, the partners are aiming to make the University for Applied Sciences the number one centre in Hungary for training of extremely well-qualified specialists for the automobile industry. The Hungarian economy has benefited significantly ... See all stories on this topic »

Brazil's Industry Titans Worry They Can't Compete Bloomberg (blog) The Estado de Sao Paulo newspaper reported March 25 that the cost of producing a car in Brazil was the same as building one in the US -- about $1400, compared with $600 in Mexico. The growing masses of Brazilian car buyers are turning to imports. See all stories on this topic »

Mercedes-Benz Consistently Implements Its 2020 Growth Strategy MarketWatch (press release) There will be a positive impact on the progress to the top of the premium segment from the fact that the automotive industry continues to be a growth industry. According to forecasts, worldwide car sales will increase from 60 million units in 2011 to ... See all stories on this topic »

Kia Auto Opens First Learning Center in the Nation PR Web (press release) Aloha Kia in Hawaii is setting new standards in the auto industry with the first ever Kia Learning Center. The Kia Learning Center is perfect for car buyers and enthusiast alike to learn all about Kia automobiles without the pressure to buy. See all stories on this topic »

KVH Industries Opens New Testing Facility to House a One-of-a-Kind Motion ... MarketWatch (press release) The facility allows KVH to advance its industry-leading quality assurance program, providing outstanding products for marine, RV, and automobile customers. The satellite observatory is equipped with a custom-designed, curved wall of windows with a ... See all stories on this topic »

BMW and Toyota to Partner in Battery Development Deal Automoblog.net (blog) When the automobile launched into the 20th century, the ripe and untapped market had every little auto builder in the United States fighting for recognition on their own terms. During a early 1900s where the American automobile industry was controlled ... See all stories on this topic »