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AUTOS' WORLD NEWS
* Leaders ask Bush to stop unfair trade, save state jobs
Washington,DC,USA -The Detroit News, by Deb Price -20 Feb 2006: Michigan lawmakers have a message for President Bush, who visits today: Read our lips: Save our manufacturing jobs... The president, faces a state battered by a loss of manufacturing jobs and represented by lawmakers -- including several in his own party -- who are increasingly critical that he isn't doing more to combat what they see as unfair trade practices by China, South Korea and other global competitors...
* Ghosn Puts His Stamp on Renault
Paris,France -The Car Connection -19 Feb 2006: Just as he did at Nissan, Carlos Ghosn is planning to use a new product offensive to boost the fortunes of Renault with a combination of judicious cost-cutting and a move upmarket... At the same time, Ghosn also is ordering Nissan to move deeper into the commercial vehicle market and to maintain a close watch on costs, including those in North America, where the company has moved to limit its future liabilities for retiree healthcare... Ghosn unveiled his plans for the French automaker, including a bold plan to raise sales volumes by almost one-third within four years. The plan includes bringing 26 new Renault models to market including a number of upscale models... The new product offensive also is designed to reduce Renault's dependence on the Mégane compact...
* Saab Filling In Product Gaps
Sweden -The Car Connection -19 Feb 2006: General Motors' long-struggling Swedish subsidiary hopes to slash costs, increase its product range, and significantly boost sales over the next few years... The Scandinavian brand expects to see "significant investment" as the result of a five-year business plan approved by the General Motors Board of Directors late last year, according to Saab Managing Director Jan-Ake Jonsson... Much of that money will go to a new range of products, including a new, "global" crossover vehicle...
* Can GM Turn Itself Around?
USA - The Car Connection -19 Feb 2006: -- Workers at General Motors' Pontiac Assembly Plant, a half-hour's drive north of Detroit, got a rare bit of good news last week. The increasingly troubled automaker will not only invest $545 million to upgrade some of its Michigan factories, but it will also add an estimated 280 jobs at the Pontiac plant later this year... When the giant automaker began work on those SUVs, it envisioned a market segment of at least one million vehicles annually. Now, however, it's more likely to run in the range of 750,000, according to vice chairman Bob Lutz. Even if GM can maintain its current share, an eye-popping 60 percent, that's a significant shortfall. ..
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