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AUTOS WORLD NEWS
* Ford Does Well in South America in '05
Brazil -The Car Connection (USA), by Fernando Calmon -22 Dec 2005: Ford South America (FSA) has turned in a positive preliminary report for 2005, the company should produce the best financial results ever in its history, possibly becoming the company's most profitable regional operation the world over... Market share has risen to 13 percent in Brazil, 18 percent in Argentina and 21 percent in Venezuela. Barry Engle, president of Ford of Brazil, said exports have grown seven-fold in six years, to nearly $1.4 billion in 2005...
* Computer with worker data stolen, Ford says
DEARBORN,Mich,USA -Associated Press -Dec 23, 2005: Ford Motor Co. informed about 70,000 active and former white-collar employees that a computer with company data, including Social Security numbers, was stolen from a Ford facility... Ford spokeswoman Kathleen Vokes said that there was no product, supplier, customer, engineering or financial information on the computer. She said Ford is working with law enforcement on the investigation...
* Padilla announces acceleration Ford's investment plan in Thailand
Thailand -Automotive News -24 Dec 2005: Ford Motor Company's President and Chief Operating Officer Jim Padilla met with Deputy Prime Minister and Minister of Industry Suriya Jungrungreangkit today and announced the acceleration of Ford's second phase of investment at its Ford/Mazda (AAT) manufacturing facility. The second phase investment will be made over three years (2005 to 2008) and underpins Thailand's importance as a major international production hub for Ford's one-tonne pickup truck...
* Va. rollover hurts Ford
Detroit,Mich,USA -The Detroit Free Press -24 Dec 2005: A federal jury in Newark, N.J., said Ford should pay $20.5 million to a New Jersey woman who suffered brain injuries in a Bronco II rollover accident in 1995... The jury awarded Valentini $1.5 million for past medical expenses, $13 million for future medical costs, $5 million in compensatory damages and $1 million for past and future lost income...
* GM of Brazil 's Expertise Less Costly
Brazil -The Car Connection (USA), by Fernando Calmon -22 Dec 2005: Engineering services are expected to grow at GM do Brazil, doubling to $400 million in the next two years. The subsidiary bears lower design and development costs that can be up to 70 percent cheaper than those in more economically developed countries...
* GM expands recall of SUVs to additional states
DETROIT,Mich,USA -Associated Press -Dec 24, 2005: General Motors Corp. is expanding a recall of sport utility vehicles and pickup trucks with possible antilock brake corrosion to include another 553,000 vehicles in six states and the District of Columbia...
* Korean CKD Exports Rise
S. Korea -The Car Connection (USA) -22 Dec 2005: Knockdown exports of South Korean automakers including GM Daewoo, Hyundai Motor, Kia Motors, and Ssangyong Motor jumped nearly 30 percent from a year ago to 707,173 units in the first 11 months of this year, the Korea Automobile Manufacturers Association (KAMA) said...
* China's November automobile production sets record
BEIJING,China -Associated Press -Dec 24, 2005: China's car production in November grew 52.1 percent from the same month last year to a record 291,900 units, breaking the previous record set in June of 275,100 units, according to data released by the National Bureau of Statistics Friday... China's car production between January and November totaled 2.65 million units, up 24.2 percent from the year-earlier period, the bureau said in a statement on its Web site...
* Skoda Sold More Cars From January To November 2005 Than The Whole 2004
Checz -Carpages (UK) -24 Dec 2005: As early as a month before the end of the year 2005, Skoda Auto managed to break its own annual sales record achieved last year. From January to November 2005, customers on 85 markets bought a total of 452,973 Skoda cars, which is 43,022 (+10.5%) more cars than during the same period of the previous year and 1,298 more than throughout the whole of 2004...
posted by Unknown @ 2:27 PM
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