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Tuesday, April 24, 2012

Automobile Industry News--4.21.12

 
China car show opens next week
Ninemsn
Following record growth in 2009 and 2010 that saw it emerge as the world's top car market, China's car sector stalled last year. The slowdown came after the government rolled back auto-purchase incentives and some cities imposed tough driving ...
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Pockets of outperformance in automobile sales
Hindu Business Line
After two successive years of 26 per cent year-on-year volume growth in each, growth in the domestic auto industry has moderated in 2011-12. Thanks to high interest rates and the general economic slowdown, the industry (passenger vehicles, ...
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Hindu Business Line
Audi will build plant in Mexico
Fort Worth Star Telegram
By Brendan Case and Nacha Cattan MEXICO CITY -- Mexico's automobile industry, once focused on small cars and pickups, got a boost when Audi chose the country for a factory to build its Q5 sport utility vehicle for the global market.
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CASKA Introduces CASKA E-car series through its Indian partner Auto Trendz
Equity Bulls
Ltd worth 5 billion dollars, announced the launch of the new CASKA E-car SERIES for the Indian automobile sector today in association with its India partner Auto Trendz. The product is an all in one intelligent multimedia technology system for ...
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Yutaka celebrates 5th year manufacturing in Cullman
Cullman Times Online
ACYT president Masa Suzuki thanked employees, as well as the community, for the support and hard work that have enabled the plant to thrive during a period when many other players in the world economy — particularly the automotive manufacturing sector ...
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Economic engine
Toledo Blade
Despite its recent struggles, the auto industry remains America's largest manufacturer. A new report makes clear the industry's continued importance, especially to Ohio and Michigan. The study by the Center for Automotive Research in Ann Arbor ...
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Manufacturer US Steel to report 1Q profits
BusinessWeek
WHY IT MATTERS: The pace of US economic growth can be gauged in part from the sales that US Steel makes to a broad range of customers, including automobile and heavy equipment manufacturers and energy companies. Stronger demand in consumer and ...
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