Acura Introduces Two New Vehicles: The 2007 Turbo RDX and High Performance MDX
Sep 18, 2006
By Marty Bernstein AIADA Contributing Editor Building on its tremendous success in the increasingly hip crossover segment, Acura has introduced two premium vehicles that are sure to wow just about any driver looking for comfort, driving performance and quality fuel economy. Thereâs an all-new RDX entry premium and ... Continue reading
Ford Looks to Cut 600 Dealerships Over Three Years
Sep 18, 2006
Washington DC September 18, 2006; The AIADA newsletter reported that Ford is aiming to eliminate up to 600 Ford, Lincoln, and Mercury dealerships over three years through its store consolidation plan. The automaker is offering some dealers up to $300,000 in financial aid to encourage dealership mergers as a way of stre ... Continue reading
Volkswagen Rejects MAN Offer for Scania - VIDEO ENHANCED NEWS
Sep 18, 2006
WOLFSBURG, Germany, September 18 -- Volkswagen Aktiengesellschaft has always stated that its investment in Scania is of a strategic nature and is in the industrial interests of the Group. Acceptance of today's takeover offer for Scania announced by MAN would not be in line with these industrial interests. For this reas ... Continue reading
Toyota Unveils Long Bed Versions of All-New 2007 Tundra Full-Size Pickup Truck
Sep 18, 2006
ANN ARBOR, Mich., Sept. 18 -- Toyota Motor Sales, U.S.A., Inc., today unveiled long bed versions of the all-new 2007 Tundra full-size pickup truck at a press conference here at the Toyota Technical Center-Calty Design Studio. The unveiling took place as part of Toyota's participation in the annual National Truck Equipm ... Continue reading
The Board of Scania Rejects MAN's Offer
Sep 18, 2006
STOCKHOLM, Sweden--Sept. 18, 2006--MAN AG has today made a public offer for all the shares in Scania AB (STO:SCVA) (STO:SCVB). On 13 September, 2006 the Board of Directors of Scania AB received a letter from the Chairman of the Executive Board of MAN AG, describing a possible offer on Scania. In all material aspects, t ... Continue reading
Ford Motor Co., General Motors Have Discussed Merger or Alliance, Automotive News reports
Sep 18, 2006
DETROIT, Sept. 18 -- Executives from Ford Motor Co. and General Motors have discussed a possible merger or alliance, Automotive News reports in its Monday, Aug. 18, edition. The negotiations began in July after Nissan Motor Co. ... Continue reading
New Diesel Cars Following Ecology Path
Sep 18, 2006
Tokyo September 18, 2006; Daisuke Segawa Yomiuri reporting for Shimbun reported that, Japan, Europe and the United States plan to implement by 2010 drastically toughened restrictions on automobile emissions, with vehicles that fail to clear the standards banned from sale. European carmakers are set to launch more model ... Continue reading
Hyundai Motor Moves Closer to No. 1 in India
Sep 18, 2006
Seoul September 17, 2006; Kim Yon-se writing fore the Korea Times reportred that Hyundai Motor plans to invest about $500 million in India by 2008 to overtake Japanâs Suzuki, the No.1 foreign carmaker in the country. Hyundai Motor officials say the annual output from its two factories _ the second one is under con ... Continue reading
Chevrolet To Launch World's Largest Fuel Cell Vehicle Fleet
Sep 18, 2006
More Than 100 to Debut in 2007 in First Meaningful Market Test of Fuel Cell Vehicles SAN DIEGO September 17, 2006; General Motors committed to building the worldâs largest fuel cell vehicle fleet today by announcing its next-generation fuel cell vehicle â the Chevrolet Equinox Fuel Cell. GM will build more th ... Continue reading
Product is Job Number One at Ford
Sep 18, 2006
DETROIT September 17, 2006; Jui Chakravorty writing for Reuters reported that the recovery of Ford Motor Co. -- even with plans to cut 45,000 jobs, close 16 factories and save $5 billion -- hinges on a deceptively simple solution: it has to build cars people want to drive, analysts said. "They have a lot of work ahead ... Continue reading
Ford's Way Forward Must Tap its Lean Roots
Sep 18, 2006
CAMBRIDGE, Mass., Sept. 17 -- Commenting on the dramatic retreat announced by the Ford Motor Company, James Womack, founder and chairman of the Lean Enterprise Institute, said that Ford needs to tap its lean roots to find a road out of the automaker's deepening financial hole. (Logo: http://www.newscom.com/cgi-bin/prnh ... Continue reading
Assembly Plant Celebrates Production of All-New 2007 Chrysler Sebring Sedan
Sep 17, 2006
* Plant tour and media briefing scheduled for September 14 * More than $500 million investment into Chrysler Group Sterling Heights facilities * Chrysler Group Vice President - Small/Premium/Family Vehicle Assembly Fred Goedtel; Sterling Heights Assembly Plant Manager Bob Bowers; Local UAW President Bill Parker; Mayor ... Continue reading
Toyota to Boost Overseas Output by 40 percent
Sep 17, 2006
TOKYO (AFP) - Japan's top motor company Toyota plans to boost its overseas production by 40 percent from 2005 levels to five million units in 2008, a press report said. The plan will be led by greater output in North America and in the fast growing market of China, the leading Japanese business daily Nihon Keizai Shimb ... Continue reading
Special: Attn Ford Employees ; Think hard before you accept a buyout
Sep 17, 2006
Detroit September 15, 2006; Susan Tompor writing for the Detroit Free Press reported that thousands of UAW workers at Ford Motor Co. will wake up today wondering whether they should grab the money and go. Do they opt for one of several complicated buyout and early retirement offers? Or do they stick around at Ford? Bef ... Continue reading
Sep 16, 2006
<http://www.japancorp.net/?page_num=1> JapanCorp: Mazda Hofu Plant Produces 25 Millionth Transmission; Production Capacity of Front-wheel Drive Automatic Transmissions to Be Increased in October 2006 Hiroshima, Japan, Sept. 14, 2006 - (JCN Newswire) - Mazda Motor Corporation has announced that cumulative production of ... Continue reading
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