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AUTOS' WORLDWIDE
* USA - Tennessee could benefit from GM, Nissan alliance, analysts say
NASHVILLE, Tenn.,wood8tv -8 July 2006: -- Economic analysts say it's unlikely that the Music City could become the next Motor City... However, some analysts say the possible alliance between General Motors, Nissan and Renault could boost Tennessee's reputation as a new hub for automotive manufacturing... Nissan recently moved its North American headquarters from California to the Nashville area, and both Nissan and GM have manufacturing plants nearby...
* USA - Honda revs up to double new hires
Decatur County, Indiana,USA -IndyStar.com, by Norm Heikens -July 8, 2006: -- Honda Motor Co. is laying the groundwork to employ as many as 4,000 workers at its Greensburg auto plant -- double the 2,000 the company announced last week... Decatur County area Plan Director David Neuman said water pipes, electrical lines and other utilities at Honda's 1,700-acre plant site in Greensburg are being designed to handle at least 3,500 workers and possibly 4,000...
* India - After China, global auto makers heading to low-cost India
MUMBAI, India -Gulf Times (Doha,Qatar) - 8 July, 2006: -- India is becoming key to the growth plans of global auto makers as its emerging market and low-cost manufacturing base offer an alternative to rival China... Japan’s Suzuki Motor Corp said this week it would build a new compact car in India for Nissan Motor Co to sell in Europe, as part of a broad-based pact to supply vehicles and share manufacturing in emerging markets...
MUMBAI, India -Gulf Times (Doha,Qatar) - 8 July, 2006: -- India is becoming key to the growth plans of global auto makers as its emerging market and low-cost manufacturing base offer an alternative to rival China... Japan’s Suzuki Motor Corp said this week it would build a new compact car in India for Nissan Motor Co to sell in Europe, as part of a broad-based pact to supply vehicles and share manufacturing in emerging markets...
* Germany -Authority OKs Porsche raising VW stake
FRANKFURT,Germany -Reuters -7 July 2006: -- The German cartel office on Friday said it approved Porsche AG's request to increase its voting rights stake in Volkswagen AG to a theoretical blocking minority of 25.1 percent...
* Germany - GM Europe sales flat in first half
FRANKFURT,Germany -Reuters -7 July 2006: General Motors Europe reported on Friday that sales were flat in the first half at 1.07 million vehicles and market share stagnated at 9.4 percent, the company said on Friday...
* Germany - BMW group vehicle sales rise 1 percent in June
FRANKFURT,Germany -Reuters -7 July 2006: BMW AG sold only 1 percent more vehicles to customers in June amid a tough comparison from a year earlier, it said on Friday. "Consequently, the at times above-average strong growth in the previous months was not achieved," BMW said in a statement...
* Germany - BMW says first half China sales rise 55.8 percent
SHANGHAI,China -Reuters -7 July 206: -- BMW AG said on Friday its sales in China and Taiwan rose 55.8 percent in the first half of 2006 from a year earlier, due largely to robust demand in the mainland...
* China - Car sales growth slows in June
SHANGHAI,China -Reuters -7 July 206: -- Car sales in China, the world's second-largest vehicle market, rose at their slowest annual pace this year in June as tax measures and higher fuel prices hit sales of SUVs...
* China - PSA/Peugeot-Citroen to build a new auto plant in China
SHANGHAI,China -Reuters -7 July 206: -- PSA/Peugeot-Citroen said on Friday it will build a new plant with its Chinese partner in central China capable of producing 150,000 vehicles per year...
* India - After China, automakers head to low-cost India
MUMBAI,India -Reuters -7 July 206: -- India is becoming key to the growth plans of global automakers as its emerging market and low-cost manufacturing base offer an alternative to rival China...
posted by Unknown @ 12:35 PM
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