“Balkamp to close - Greenwood Commonwealth” plus 4 more

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“Balkamp to close - Greenwood Commonwealth” plus 4 more


Balkamp to close - Greenwood Commonwealth

Posted: 10 Sep 2009 11:46 AM PDT

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CORRECT:=FOCUS:Beijing Auto's Swedish Tie-Up May Be Backdoor To Tech - Wall Street Journal

Posted: 10 Sep 2009 10:06 AM PDT

("=FOCUS: Beijing Auto's Swedish Tie-Up May Be Backdoor To Tech," at 1516 GMT, misstated the vehicle models in the fifth graph. The correct version follows:)

BEIJING (Dow Jones)--By helping a Swedish sportscar maker in its bid for Saab, Beijing Automotive Industry Holding Co. may have found another way to get what it wanted in its failed bid for General Motors Co.'s German unit, Adam Opel GmbH: access to the same advanced GM technology that drives cars from both Opel and Saab.

Beijing Auto's bid for Opel was rejected by GM in July, as the companies failed to resolve differences over ...



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Research and Markets: Russian Automotive Market Outlook in 2008 - 2010 ... - CNBC

Posted: 11 Sep 2009 12:03 AM PDT

DUBLIN, Sep 11, 2009 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/013536/russian_automotive) has announced the addition of Frost & Sullivan's new report "Russian Automotive Market Outlook in 2008 - 2010: Impact of Economic Slowdown on the Future of Auto Sales and Production" to their offering.

This Frost & Sullivan research service titled Russian Automotive Market Outlook in 2008 - 2010: Impact of Economic Slowdown on the Future of Auto Sales and Production provides an overview of the effects of the economic slowdown on the automotive market in Russia and offers projections for 2009 and 2010. The research explains the current trends in terms of vehicle production and sales across the passenger cars, commercial vehicles and buses segments in Russia.

Market Overview Sales of Light Vehicles to Boost the Russian Automotive Market by 2010 Issues such as production overcapacity, high inventory and low profitability, triggered by the economic slowdown, have affected the Russian automotive market.

However, sales of light vehicles are expected to facilitate the recovery of this market by 2010. Although the recovery period is expected to be challenging and cumbersome, the upturn of the financial sector, the Russian Government's support for the country's automotive market and enhanced consumer expectations are poised to lead to market sales recovery. "Low credit availability and the frozen or falling disposable income of Russians are pushing down automotive sales in Russia, which is expected to contract at a compound annual growth rate (CAGR) of around 9 per cent between 2007 and 2010," says the analyst of this research.

"Russian commercial vehicles manufacturers are likely to be more affected by the economic crisis than passenger car manufacturers, as the economic slump evolves and penetrates further into other sectors of the Russian economy." Only combined efforts by Russian original equipment manufacturers (OEMs), the Government and financial institutions will boost market sales in the light vehicle segment and support Russian consumers in their decision to acquire new vehicles by 2010.

Automakers are burdened with a huge pile-up of inventory, due to low demand, and have had to significantly curb their vehicle production plans and profitability targets for 2009. The uncertainty surrounding economic recovery and continued lack of sufficient credit in the market are hurting sales and consumer confidence - key requirements for a rebound in sales. "Light vehicles sales fell by more than 10 per cent in December 2008, resulting in huge losses for vehicle manufacturers and erosion of shareholder value," states the analyst. "OEMs are facing a challenge in working with suppliers and dealers, who are also in a difficult situation due to the economic recession in Russia." OEMs should continue to work with the financial sector and dealers to support the demand for low-cost cars in Russia. "With almost 30 per cent of OEMs' turnover from low-cost cars sales in 2008, it is crucial for the Russian automotive industry to expand credit availability and financial flexibility for Russian consumers," concludes the analyst.

Key Topics Covered: 1. Global Automotive Market Overview 1.1 Global Automotive Industry Outlook 1.2 Global Automotive Market - Road to Recovery 1.3 Key Trends in the Global Automotive Market 2. Russian Automotive Market Overview 2.1 Russian Automotive Market: the Good, the Bad and the Ugly 2.2 Passenger Car Sales and Production in Russia in 2008 2.3 Passenger Car Sales and Production by Brand 2.4 Sales Structure of New Foreign Vehicles by Brand in 2008 2.5 Top 8 Foreign Models on Russian Market 2.6 OEM's Turnover by Vehicle Price Band 2.7 Russian Commercial Vehicles Production 2.8 Russian Bus Production 3. Future Outlook of the Russian Automotive Market 3.1 Economic Factors Impacting Russian Automotive Industry 3.2 Environmental Regulations and Norms in Russia 3.3 Government Measures to Support Automotive Market in Russia 3.4 Russian Automotive Market - Scenario Analysis and Forecasts 3.5 Key Conclusions For more information visit http://www.researchandmarkets.com/research/013536/russian_automotive SOURCE: Research and Markets Ltd.

CONTACT: Research and Markets Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009 -0- KEYWORD: Russia

Europe INDUSTRY KEYWORD: Automotive

Other Automotive



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Anand Automotive Systems announces new Group CEO - PR Inside

Posted: 10 Sep 2009 11:20 PM PDT

2009-09-11 08:20:51 - Joined in 1976 as Management Trainee

New Delhi, 10, September, 2009: Anand Automotive Systems, a Rs 3000 crore enterprise with 18 Companies and 14 overseas Joint Venture Partners announces the appointment of Mr Deepak Chopra, who has served at Anand for the past 33 years, as the new Group CEO. Mr. Chopra succeeds Mr CS Patel, who moves ahead to become a Member of the Anand

Supervisory Board.

A qualified Chartered Accountant and Company Secretary, Mr Chopra joined Anand in 1976 as a Management Trainee. He has held various positions of increasing responsibility over the past three decades in various Anand Companies, including as Corporate Controller of Anand Automotive Systems, Chief Financial Officer of Gabriel India, Chief Operating Officer of MAHLE Filter Systems India, Mando India, Emcon Technologies India. In 2002, he was appointed as Group Chief Financial Officer of Anand Automotive Systems. In January 2009, Mr Chopra was designated as CEO Designate and understudy to Mr CS Patel. He formally took over the reins as Group CEO from 1st September 2009.

In addition to his position as Group CEO, Mr Chopra will continue as the Managing Director of Spicer India Ltd. and Chair the Boards of Degrémont Ltd., Henkel Teroson India Ltd., Camfil Farr Air Filtration India Ltd, Chang Yun India Ltd. and CY Myutec Automotive India Pvt Ltd.

On this occasion Mr Chopra said "I welcome this opportunity to carry forward the legacy of my mentor and Chairman, Mr Deep C Anand in deftly establishing a unique model of partnership/collaboration, which has led to successful long-term business relationships with some of the best names in the Corporate world."

In his 35 years of meritorious service, Mr CS Patel has steered the growth of Anand Automotive Systems into a Rs 3000 crore enterprise. In addition to his appointment as Member of the Anand Supervisory Board, Mr Patel will also be responsible for building the Fourth Vertical of Education at Anand. With the vast experience, knowledge and business acumen that Mr Patel brings with him, it is expected that the Group's new focus into the field of Education will contribute significantly to its further growth in addition to providing quality education. Mr Patel will also continue as Chairman of Group Companies – Perfect Circle India and Federal-Mogul Bearings India Ltd.

Mr Chopra paid rich tributes to Mr Patel when he said, "Mr Patel's leadership and dedication have also been instrumental in realising Anand Automotive Systems into the Company it is today. I will continue to work closely with Mr Patel as we build upon the strong foundation established and advance our rich pipeline of products developed with the efforts of our well-trained and dedicated staff."

About Anand Automotive Systems
Anand Automotive Systems serves the global automotive industry with innovative and technologically advanced range of automotive systems from shock absorbers, struts, forks, engine bearings, automotive and industrial filters, piston rings, gaskets, axles, propeller shafts, synchronizer rings, exhaust systems, climate control, hydraulic brakes, airbrake components, friction material, safety systems to car care products, adhesives, coolants, resins, sealants, machine building & vibration monitoring and water & environmental technologies. Established in collaboration with various world leaders in the automotive segment, employs 6000 people and has 36 manufacturing locations in India with an extensive customer base in OE and Aftermarket. SNS Foundation – the CSR arm of Anand – takes up developmental initiatives in places where the Group has manufacturing facilities. For more information, please visit www.anandgroupindia.com/



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World Distribution Report on Automotive Oil Change & Lubrication Shop ... - PR Inside

Posted: 10 Sep 2009 11:35 PM PDT

2009-09-11 08:34:36 - Bharatbook.com pleased to announce a new report on "World Distribution Report on Automotive Oil Change & Lubrication Shop Lines" into its market report catalogue for reselling.

The World Distribution Report on Automotive Oil Change & Lubrication Shop Lines describes the distribution (and by implication the marketing and sales) of Products. The data shows the geographic distribution of products that are consumed in the major Cities and Towns PLUS associated Distribution Functions, Structures, Costs and Margins. The Products (Automotive oil change & lubrication shops Lines) are classified

by the 5-Digit United States Commerce Department Major Products Codes and each Product Line is then further defined and analyzed by each 6 to 10-Digit U.S. Commerce Department Product Line Codes. The distribution data shows product flow through the major Cities and Towns in each of the 205 countries. ( www.bharatbook.com/Market-Research-Reports/World-Distribution-Re .. )
Executive Summary

The World Distribution Report on Automotive Oil Change & Lubrication Shop Lines

Distribution/Marketing/Sales by Country by City. Distribution Functions, Structures, Costs & Margins. 6/10-Digit NAICS Product Codes. 3 Time series: From 1997 and Forecasts to 2014 & 2014-2028. Distribution Values, Local Distribution, Per-Capita Distribution, Marketing Costs & Margins, Product Launch Data, Trade Buyers & End Users Profile, Buyer Demographics. Historic Balance Sheets, Forecast Financial Data, Industry Profile, National Data.

The report is on a DVD containing the entire web and databases, or it is available online. Merge text, tables & databases for own reports, spreadsheet calculations & modeling.

32 Products covered, 2060 pages, 9661 spreadsheets, 9757 database tables, 536 illustrations. Updated monthly.

To know more and to buy a copy of your report feel free to visit : www.bharatbook.com/Market-Research-Reports/World-Distribution-Re ..

Or

Contact us at :

Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com
Blog: bharatbookresearch.blogspot.com



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