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Friday, April 20, 2012

Automobile Industry News--4.19.12

 
Slow Sales Temper Beijing Car Show
Wall Street Journal
The country's small domestic auto makers are coming under renewed pressure to consolidate while the big foreign car companies face new difficulties winning approval of expansion plans. China's auto market grew just 2.5% last year, down from 46% in 2009 ...
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Wall Street Journal
Ford's CEO has no regrets about call for bailout
Los Angeles Times
By Jon Healey Detroit native Mitt Romney has long contended that the US automobile industry would be better off had the federal government not bailed out General Motors and Chrysler. In particular, he argued in 2008 and again in February (while ...
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Ford To Build $760 Million Plant in Eastern China
Wall Street Journal (blog)
HANGZHOU, China—Ford Motor Co. said Thursday it will build a $760 million factory in eastern China as part of a plan to double its production capacity there by 2015, which would mark the auto maker's largest industrial expansion in at least 50 years.
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Ten Trends That Are Steering The Auto Industry's Future
Automobile Magazine
The Japanese car industry needs a fundamental rethink. Although the Fukushima tragedy hit Japanese automakers hard, mother nature's ire has little to do with their decline. Among the true culprits are a saturated home market that refuses to grow, ...
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Parts shortages could slow down US automobile production
NOLA.com
By AP The US auto industry, already stretching to meet rising demand for cars and trucks, is facing shortages of parts and materials that could limit the number of new vehicles in showrooms later this year and crimp a historic turnaround.
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NOLA.com
German plant fire starts auto industry crisis
WSFA
A fire that happened weeks ago and thousands of miles away has the auto industry in crisis mode. A chemical plant in Germany was destroyed in the fire. How could it affect you? The plant makes a resin called PA-12, and without that resin things like ...
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Obama touts auto bailout at Michigan fundraisers
Politico (blog)
By DONOVAN SLACK | President Barack Obama touted his decision to rescue the American automobile industry at a pair of fundraisers Wednesday in Michigan. At a $250-per-person event at the Henry Ford Museum in Dearborn and again at a $10000-per-head ...
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Politico (blog)
Ford Motor plans $760 million assembly plant in east China, part of aggressive ...
Washington Post
The investment in the factory with joint-venture partner Changan Ford Mazda Automobile Limited will add annual capacity of 250000 vehicles when it begins operations in early 2015, the company said Thursday. Along with a recently announced new plant in ...
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Blueprint for new-energy auto industry approved
People's Daily Online
Purely electric vehicles will be prioritized in the transformation of China's auto industry, with the current focus falling on the industrialization of electric and hybrid vehicles, according a statement released after a State Council executive meeting ...
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Automakers unveil new models at Beijing show
The Associated Press
Companies such as Ford expect to continue benefiting from Chinese preferences for foreign car brands. They also expect the market to get much bigger in the years ahead. Even with 30 million cars on the road, China still has just 28 vehicles for every ...
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Web
 
The automobile industry pocket guide
ICT innovation in the automotive industry, a key competence in Europe .... The " Automobile Industry Pocket Guide" has become a valued tool for all those ...
www.slideshare.net/.../20110921-pocket-guide3rdedition
TN eyes more investments in automobile sector: CM - Business Line
The Tamil Nadu Chief Minister, Ms J. Jayalalithaa said the State will sign several memoranda of understanding with vehicle and auto part makers.
www.thehindubusinessline.com/industry.../article3328749.ece
Randy McClain: Auto industry enriches TN coffers | The Tennessean ...
How important is the automotive industry to Tennessee? Plenty. Try $1.87 billion in tax revenue on for size.
www.tennessean.com/.../Randy-McClain-Auto-industry-enrich...

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