vehicles
May 11th, 2010
U.S. Auto Industry Dreads Safety Bill
WASHINGTON–The U.S. automobile industry is concerned about an auto safety bill being discussed in Congress in the wake of recent massive recalls by Toyota Motor Corp.
Congress began deliberations earlier this month on the bill, which has two main pillars: obligating automakers to install new safety devices on vehicles and removing the cap on the civil...
Apr 15th, 2010
US Retail Sales Surge, Inflation Pressures Muted
Sales at U.S. retailers rose more strongly than expected in March, pointing to a broadening of the manufacturing-led economic recovery as inflation pressures remained muted.
The Commerce Department said on Wednesday total retail sales jumped 1.6 percent, the largest increase since November as consumers stepped up purchases of vehicles and wide range of goods. January sales...
Feb 26th, 2010
The Car Industry Is In As Much Trouble As Toyota
Toyota’s (TM) sales in the US market are supposed to fall and some of its large rivals like Ford (F) and Honda (HMC) are supposed to benefit from customers who will no longer consider buying vehicles from the world’s top car company. February will be the first barometer of whether that theory is right. It...
Feb 17th, 2010
VW to use supplier park model in US
Volkswagen’s new US assembly plant at Chattanooga, Tennessee, will rely on 16 key component suppliers that will assemble and sequence parts in adjacent buildings on a supplier park.
VW will begin construction of the on-site supplier park next month, says Guenther Scherelis, a spokesman for project, who says sourcing of parts for the as yet unnamed...