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Just Auto Uncategorized 

RESEARCH ANALYSIS: Exhausting review of emission technologies

February 3, 2009 admin Automotive

The automotive exhaust market has grown in importance with the emphasis that is now placed on emissions control worldwide. What was once a relatively simple product has become increasingly complex and, writes Matthew Beecham, more expensive.

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Just Auto Uncategorized 

INDIA: Hyundai ups i20 production

February 3, 2009 admin Hyundai

Hyundai Motor is increasing production of its recently launched compact car, the i20.

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Auto Express Uncategorized 

Insignia VXR

February 3, 2009 admin

First pictures of Vauxhall hatchback shows new Insignia VXR is only moments away!

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Just Auto Uncategorized 

INDIA: Tata execs brace for pay cuts

February 3, 2009 admin Race

Senior executives in several Tata Group companies are bracing themselves for a 10-15% salary cut according to an Indian newspaper report.

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AutoWeek Uncategorized 

Controversial designer Chris Bangle leaves BMW:

February 3, 2009 admin BMW

One of the most controversial designers in recent memory, Chris Bangle, is leaving BMW this month to pursue interests outside of the car business.

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Just Auto Uncategorized 

GERMANY: Major door/roof supplier insolvent

February 3, 2009 admin

Door, convertible roof and driver control systems supplier Edscha has filed for insolvency for its Europe units but remains in business for now.

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Just Auto Uncategorized 

SOUTH KOREA: Hyundai-Kia sees strong China sales

February 3, 2009 admin Hyundai, Kia

Hyundai-Kia saw record sales in China in January, the firm has said.

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Automotive News Uncategorized 

GMAC auto finance business loses $1.31 billion in Q4

February 3, 2009 admin Automotive

GMAC LLC said today its global automotive finance business posted a net loss of $1.31 billion in the fourth quarter and $2.07 billion for the year. That’s compared with net income of $137 million for the fourth quarter of 2007 and a $1.

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Automotive News Uncategorized 

GMAC auto finance business loses $1.31 billion

February 3, 2009 admin Automotive

GMAC Financial Services’ cutbacks in retail auto financing and leasing in the fourth quarter of 2008 took a heavy toll on the company’s automotive business, its quarterly results show.

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Automotive News Uncategorized 

Conti says market not good for capital hike

February 3, 2009 admin

Continental is reviewing all options to strengthen its equity base but current market conditions are not conducive to selling shares, a spokesman said.

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Automotive News Uncategorized 

BMW design boss Bangle quits auto industry

February 3, 2009 admin BMW

BMW Group’s design head Chris Bangle is quitting “to pursue his own design-related endeavors beyond the auto industry,” the German carmaker said Tuesday.

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Just Auto Uncategorized 

JAPAN: Denso expecting first loss in decades

February 3, 2009 admin

Components supplier Denso Corporation has drastically revised its full financial year forecasts and now expects to post a JPY62bn ($US681.1m) operating loss – its first in almost 59 years – and a JPY64bn ($703.1m) net loss on sales of JPY3.12 trillion ($34.2bn).

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Just Auto Uncategorized 

SOUTH KOREA: GM Daewoo to idle factories

February 3, 2009 admin

GM Daewoo is planning to idle its factories this month because of poor sales in January, according to a Korean news agency.

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Just Auto Uncategorized 

GERMANY: Registrations fall as industry pins hopes on rescue package

February 3, 2009 admin

The German new car market contracted in January by some 14% to 189,400 light vehicles. The sobering news for the sector was, however, allied to a more positive outlook as hopes that government measures to boost the sector could kick in later in the year.

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Auto Express Uncategorized 

New car prices set to soar, as weak pound cuts makers margins. – Price hike ahead

February 3, 2009 admin

Cost of buying new set to rise – despite 30 percent fall in sales.

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Just Auto Uncategorized 

ITALY: Car sales off 33% last month

February 3, 2009 admin Mini

New car registrations in Italy fell 32.64% to 157,418 units, according to the ministry of transport and infrastructure.

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Just Auto Uncategorized 

SPAIN: January car sales plunge

February 3, 2009 admin

Spain’s new car market showed no sign of recovery in January as sales plunged 41.6% to 59,385 in the country’s first recession for 15 years, automakers’ association ANFAC said.

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Auto Express Uncategorized 

911 GT3 – first pics

February 3, 2009 admin

Harder and faster version of the 911 will debut at Geneva

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Automotive News Uncategorized 

Report: France to push carmakers to buy French parts

February 3, 2009 admin

PARIS (Reuters) — French President Nicolas Sarkozy wants his country’s carmakers to commit to buying parts from French suppliers in exchange for aid measures, the Financial Times reported on Tuesday.

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Just Auto Uncategorized 

US SALES PREVIEW: 27-year low likely

February 3, 2009 admin

US new car sales results for January, due to start trickling out from local automakers and importers later today, are expected to drop to a 27-year low. according to industry analysts there.

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