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Wednesday, April 18, 2012

Automobile Industry News--4.17.12

 
Auto industry welcomes rate cut
New York Daily News
New Delhi, April 17 — The Indian automobile industry, which struggled with a sluggish market last year due to high interest rates, Tuesday welcomed the Reserve Bank of India's (RBI) decision to cut key lending rates by 50 basis points, saying the move ...
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Resin Shortage Could Hit Auto Makers
Wall Street Journal
By JEFF BENNETT And JAN HROMADKO For the second time in a year, the loss of production at a single automotive supplier has the global automotive industry scrambling. Executives met in a Detroit suburb on Monday to evaluate a potential shortage of a key ...
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Chemical plant shutdown could lead to auto production cuts
Fox News
DETROIT – The potential shortage of a key component used to make fuel lines and brake lines could force automakers in the US and around the world to close car and truck plants as they run short of parts. Auto industry executives have scheduled an ...
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Resin shortage threatens to shut US auto plants
USA TODAY
By Chris Woodyard, USA TODAY After selling lots of cars, reveling in higher prices and profits, the US auto industry faces a real threat this morning: a potential shortage of resin, a key component used to make fuel lines and brake lines that could ...
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USA TODAY
Resin shortage has unknown impact on Battle Creek suppliers
Battle Creek Enquirer
A global shortage of a major ingredient for plastic resin has the automobile industry scrambling for alternatives to avoid disrupting production. An official for a Battle Creek auto-parts supplier — Hi-Lex America Inc. — expressed cautious optimism ...
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ReviMedia Launches Car Comparison Website
Houston Chronicle
Online marketing company ReviMedia, Inc. has launched AutoComparison.com http://www.autocomparison.com a car comparison website which allows users to compare cars side-by-side, obtain tips and guidance and request quotes. The automobile industry has ...
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Worldwide Automotive Production Could Slow with Resin Shortage
Automobile Magazine (blog)
A late March explosion at a chemical manufacturer's plant in Germany could have an adverse effect on automotive production across the globe, a Bloomberg BusinessWeek report suggests. Evonik Industries produces a key ingredient to make automotive resin ...
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Automobile Magazine (blog)
Global Automotive Powertrain Market to Reach 116 Million Units by 2017 ...
PR Web (press release)
With per capita GDP (GDP/person) in developing Asian economies flaunting the potential to breach over US$4500, a point where mass motorization typically tends to kick in, its opportunities galore for the automobile industry and powertrains are poised ...
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Cheaper auto loans to push sales
Hindu Business Line
The auto industry has received a welcome shot in the arm with a drop in interest rates on vehicle loans expected over the next few days. This is expected to help offset the rise in model prices after the Budget last month increased excise duties by a ...
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US Auto Recovery Boosts Great Lakes Shipping
BusinessWeek
... the Detroit/Wayne County Port Authority, and Daniel J. Deane, president of Nicholson Terminal and Dock Co., talk with Bloomberg's Jeff Green about the impact of the economy and automobile industry on Great Lakes shipping and Detroit port activity.
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Web
 
Auto industry welcomes rate cut - Yahoo! News UK
'Auto industry welcomes rate cut' on Yahoo! News UK. New Delhi, April 17 (IANS) The Indian automobile industry, which struggled with a sluggish market last ...
en-maktoob.news.yahoo.com/auto-industry-welcomes-rate-cut...
Future of the Korean automobile industry - KBS WORLD
2012-04-16. Korea's automobile export reached a record monthly high last month , while domestic sales dropped nearly 10% compared to the previous month.
world.kbs.co.kr/english/.../program_economyplus_detail.htm?...

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