plus 4, GM says China sales up 67 percent in 2009 - Daily Local News |
- GM says China sales up 67 percent in 2009 - Daily Local News
- Penske Automotive Announces Management Changes at smart USA - MSN Money
- Chamberlain pays off trade-in liens, attorney says - Northern Colorado Business Report
- Bosch to invest 400 million dollars in India - Lanka Business Online
- General Dynamics Wins $198M Contract for Tanks - ABC News
| GM says China sales up 67 percent in 2009 - Daily Local News Posted: 05 Jan 2010 03:05 AM PST [fivefilters.org: unable to retrieve full-text content] ... Shanghai Automotive Industries Corp. and Wuling became the country's first automaker to exceed 1 million units in annual sales in 2009. It said sales rose 63.9 percent to 1.06 million vehicles. Sales by Shanghai GM, a joint venture with SAIC ... |
| Penske Automotive Announces Management Changes at smart USA - MSN Money Posted: 04 Jan 2010 01:08 PM PST Penske Automotive Group, Inc. PAG, an international automotive retailer and exclusive distributor of the smart fortwo through its wholly-owned subsidiary smart USA Distributor LLC ("smart USA"), announced today that Jill Lajdziak has been named President of smart USA. In this role, Lajdziak will assume day to day operations for the smart brand in the United States. Lajdziak has over 30 years of progressive automotive experience, including expertise in brand development, product marketing and customer satisfaction. Penske Automotive Group Chairman Roger Penske said, "As we look to enhance the position of the smart brand, Jill's background and experience will help us reinvigorate the dealer network and bring a greater awareness to the smart brand." Previously, smart USA was managed by Dave Schembri. Schembri will transition into Penske Automotive Group's retail operations. Penske continued, "I would like to thank Dave for his efforts over the last three and a half years with smart USA. His contributions were instrumental in helping us bring smart to the United States." About Penske Automotive Penske Automotive Group, Inc., (www.penskeautomotive.com) headquartered in Bloomfield Hills, Michigan, operates 310 retail automotive franchises, representing 40 different brands and 25 collision repair centers. Penske Automotive, which sells new and previously owned vehicles, finance and insurance products and replacement parts, and offers maintenance and repair services on all brands it represents, has 160 franchises in 17 states and Puerto Rico and 150 franchises located outside the United States, primarily in the United Kingdom. Penske Automotive, through its wholly-owned subsidiary smart USA Distributor LLC (www.smartusa.com), is the exclusive distributor of the smart fortwo vehicle and related parts in the United States. smart USA supports over 75 smart retail centers in the United States. Penske Automotive is a member of the Fortune 500 and Russell 1000 and has approximately 14,000 employees. smart and fortwo are registered trademarks of Daimler AG. Bob O'Shaughnessy Copyright 2010 Business Wire Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Chamberlain pays off trade-in liens, attorney says - Northern Colorado Business Report Posted: 05 Jan 2010 12:09 PM PST WINDSOR - John Chamberlain, owner of the Champion Automotive Group that closed last summer, has paid off $432,000 in liens on 31 trade-in vehicles, according to an attorney representing the auto group's five dealerships. Craig Joyce, attorney with Denver-based Fairfield and Woods PC, said Chamberlain has paid off the liens that resulted in the suspension of his dealer's license on July 17. Iron Mountain Autoplex, located at 871 Champion Drive in southwest Windsor, closed in August. The autoplex included Kia, Chrysler, Mitsubishi, Chevrolet and Mazda dealerships. More than 100 employees were laid off by the closure. A hearing is set for Jan. 26 to schedule the next step in the administrative process. Joyce said he was hopeful the matter could be resolved before then or before new hearings can be rescheduled that were supposed to be held in December but were postponed while a possible settlement was being worked out. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Bosch to invest 400 million dollars in India - Lanka Business Online Posted: 05 Jan 2010 12:42 AM PST "India is witnessing a strong increase in demand for diesel engines," the company, a major maker of diesel injection systems, said in a statement. "The diesel engine consumes 30 percent less fuel than the gasoline engine, while common-rail technology reduces the pollutant emissions of diesel engines, thus making it possible to meet strict emission standards." Bosch introduced common-rail fuel injection systems in India in 2006, the statement said, adding nearly a quarter of the new investment would be earmarked for research. India is Asia's third-largest car market after China and Japan, where Japanese-owned Maruti Suzuki holds a commanding lead. Indian car sales are expected to cross two million units next year. Bosch Automotive Group chairman Bernd Bohr told a press conference that sales in India grew by five percent to 68 billion rupees (1.4 billion dollars) in 2009. India, which currently accounts for about five percent of the company's global auto business, is likely to account for seven to nine percent of its total auto business by 2017, he said. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| General Dynamics Wins $198M Contract for Tanks - ABC News Posted: 04 Jan 2010 02:05 PM PST
General Dynamics Corp. said one of its business units has won a $198 million contract from the U.S. Army Tank and Automotive Command to build 140 tanks for Iraq. The contract was awarded to General Dynamics Land Systems for M1A1 situational awareness tanks. Enhancements to the tank include a second-generation forward-looking infrared thermal sight, a vision-enhancer thermal viewer and improvements for protection in urban warfare. The tanks will be built in Lima, Ohio; Scranton, Pa.; Anniston, Ala.; and Tallahassee, Fla. General Dynamics is based in Falls Church, Va. Its shares rose $1.02 to $69.19 on Monday. Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.  This posting includes an audio/video/photo media file: Download Now |
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