plus 3, Fitch predicts recovery for auto suppliers - Macon Telegraph

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plus 3, Fitch predicts recovery for auto suppliers - Macon Telegraph


Fitch predicts recovery for auto suppliers - Macon Telegraph

Posted: 24 Nov 2009 07:33 PM PST

Fitch forecasts U.S. sales of 11.1 million vehicles in 2010, a 7.8 percent increase from this year's dismal results. That will mean higher production, which will help suppliers. Fitch adds that suppliers should also be helped by increasing auto sales in emerging markets like China, Russia and Brazil.

Fitch warned that the recovery will be tempered by weak economic conditions and lower vehicle sales in Europe. But it said suppliers have adequate liquidity after cutting costs this year.

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SAAB: Storied Swedish car might disappear - Olympian

Posted: 25 Nov 2009 12:05 AM PST

THE OLYMPIAN | • Published November 25, 2009

A deal for General Motors Co. to sell Saab to a specialty carmaker has collapsed, leaving the storied Swedish brand born from jets in 1947 close to extinction.

Koenigsegg Group AB, a consortium formed by Swedish luxury sports car maker Koenigsegg Automotive AB, said Tuesday that it pulled out of the deal in part because it was unable to agree with investors on how best to move the brand from mass-market to premium.

For GM, it was the third time this year that a deal to shed one of its brands fell apart as it tries to recover from a stay in bankruptcy protection.

The Associated Press

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TRW Automotive completes private debt offering - Newsday

Posted: 20 Nov 2009 03:05 PM PST

Quick Summary

TRW Automotive Holdings completes previously announced $259M notes offering

LIVONIA, Mich. - LIVONIA, Mich. (AP) — Car parts maker TRW Automotive Holdings Corp. said Friday that it completed a previously announced private debt offering.

The offering was for $259 million worth of 3.5 percent exchangeable senior notes due 2015.

The company said that the offering underwriters exercised their option to buy additional notes to cover over-allotments.

TRW expects about $251 million in proceeds from the offering. It plans to use $112 million to pay down debt and the rest for general corporate purposes, which could also include more debt repayment.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Research and Markets: Car/Automotive Market in Ireland to 2015 - PR Inside

Posted: 25 Nov 2009 12:19 AM PST

2009-11-25 09:23:02 -

Research and Markets ( www.researchandmarkets.com/research/9037e4/car__automotive_m : ) has announced the addition of the " Car/Automotive Market in Ireland to 2015 : " report to their offering.

This databook highlights key data on the automotive sector, including forecasts of new car registrations and car parc in Ireland. It provides data on car parc examined by both fuel type and by

age; and shows the volume of cars registered by marque and fuel type.

Scope

- Car parc data for 200515 examined by fuel
- Car parc data for 200515 examined by age
- New car registrations for 200515 examined by fuel type
- New car registrations for 200515 examined by marque


Highlights of this title


The car parc in Ireland increased at a compound annual growth rate (CAGR) of 5.8% over the 200508 period.

Key reasons to purchase this title

- Updated forecasts of new car registrations, reflecting economic downturn and recovery, initiation and lapse of scrappage schemes
- Understand how the recent fluctuations in new car registrations - and scrappage schemes - will impact on the structure of car parc by age

Key Topics Covered:

- OVERVIEW
- INTRODUCTION
- CAR PARC
- NEW CAR REGISTRATIONS
- APPENDIX
- LIST OF FIGURES
- LIST OF TABLES


For more information visit www.researchandmarkets.com/research/9037e4/car__automotive_m :

Source: Datamonitor

Research and MarketsLaura Wood, Senior Manager press@researchandmarkets.com : mailto:press@researchandmarkets.com U.S.

Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716

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