http://www.automotive-business-review.com Latest news from Automotive Business Review en-us Copyright 2008, Datamonitor Thu, 8 May 2008 18:00:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=24B69FFC-8080-443A-A408-43C052349013 German automobile manufacturer BMW has reported that its world wide sales in April 2008 increased 12.5% to 133,205 units, compared to 118,378 units in April 2007. Thu, 8 May 2008 18:00:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=9B8C8BA3-A02A-4300-9B19-D476BD5FB56C German automobile manufacturer Audi has reported that its operating profit for the first quarter of 2008 increased 8.2% to E514 million, compared to E401 million in the first quarter of 2007. Thu, 8 May 2008 17:55:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=EBDE3293-871A-4760-90F0-4C1711D0BE60 Ashok Leyland, a manufacturer of commercial vehicles in India, has reported that its April 2008 sales decreased to 5,705 units, compared to 5849 units in April 2007. Thu, 8 May 2008 16:02:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=68E2E195-612B-4CC4-8F15-D159194F12E5 Toyota Motor has reported that its net revenues, on a consolidated basis, for the fiscal year ended March 31, 2008 increased 9.8% to JPY26.29 trillion, compared to fiscal year ended March 31, 2007. Thu, 8 May 2008 16:00:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=1CB5B10C-EE2C-497D-AD1D-FC040ADCCDD7 Ceva Logistics has signed a contract with KAB Seating, the UK subsidiary of Commercial Vehicle Group, to manage international shipping activities of inbound and outbound freight transported to and from the UK. Thu, 8 May 2008 15:14:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=158E02F0-33A8-4F27-8350-44B7BAE6BD44 Chesapeake System Solutions, a provider of integrated software solutions, has announced that Ford Motor Company, has implemented its T-Recs Enterprise, to automate the reconciliation of corporate disbursements. Wed, 7 May 2008 18:02:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=C1AD1195-A8B9-40F7-B680-CBDFA9D2739A D&M, a provider of stereo amplifiers, AV receivers, tuners, speakers, and Visteon, an automotive supplier, have expanded their relationship to supply Boston Acoustics's branded audio systems to the 2009 Dodge Challenger. Wed, 7 May 2008 14:47:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=E75ADB3C-A08B-4F60-A210-C4BD92C065E4 A survey conducted by LeaseTrader.com has revealed that 81% of all car shoppers in the US said that they do not plan to use their government tax rebate check towards a vehicle. Wed, 7 May 2008 14:04:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=03AA315F-A68E-4046-8D80-8F37132EE87C Ford Motor has launched its new Titanium X Sport variant of its Ford Mondeo with sporty appeal. Wed, 7 May 2008 13:40:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=0B0F3074-BEC0-4710-8BA7-305F722F8F70 ArvinMeritor, a supplier of integrated systems, modules and components to the motor vehicle industry, has announced that Jeffrey Jay Craig, currently senior vice president and controller, has been named senior vice president and CFO of the company, effective immediately. Wed, 7 May 2008 13:37:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=54BD80E4-1B46-4C74-9E48-13398BB26ED0 Ford Motor plans to double the number of North American vehicles equipped with fuel-efficient, six-speed automatic transmissions to 1.4 million by the end of 2009. Wed, 7 May 2008 13:34:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=02834AFC-8041-4132-8E57-DAC8B6D1ACD4 German automobile manufacturer Audi has reported that its world wide sales in April 2008 increased 2.9% to 86,700 cars, and sales for the first four months rose by a total of 1.7% to around 338,000 cars. Wed, 7 May 2008 13:24:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=5C147255-5957-402A-8939-0ED10F2757C8 ArvinMeritor, a supplier of integrated systems, modules and components to the motor vehicle industry, has announced that its board of directors has approved a plan to spin off its light vehicle systems business to its shareholders, with the commercial vehicle systems business remaining with ArvinMeritor. Wed, 7 May 2008 13:20:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=3628F02A-D48F-48B1-8E04-55DB46D6F4AE Avis Budget Group, a provider of car and truck rentals, has reported that its revenue for the first quarter of 2008 was $1.4 billion, an increase of 6% compared to $1.37 billion in the first quarter of 2007. Wed, 7 May 2008 13:17:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=B0BB92F1-78D3-4B63-930A-63780EAB4EA6 Nissan North America has appointed Alan Buddendeck as its new vice president of corporate communications, succeeding Frederique Le Greves who will transfer to Renault Headquarter as of July 1, 2008. Wed, 7 May 2008 13:12:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=6AA2BD8B-9EED-4A53-BE91-6A18BED1A4E4 Following the strike called by the workers at General Motors's Kansas assembly plant, which manufactures Chevrolet Malibu, the automaker is making efforts to ensure that production of the cars does not come to a standstill. Wed, 7 May 2008 11:21:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=B8CF87B8-5B4E-407E-98C6-83E4FE4E8D2E Nissan Motor has announced that it will soon be launching Murano, its premium sports utility vehicle, in India, reported The Economic Times. Wed, 7 May 2008 11:06:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=9B8DA36A-971D-47A7-BB6C-0D9A7BD2B274 Ford is considering the introduction of the recently unveiled Ford Fiesta compact in India, reported The Economic Times, quoting Michael Boneham, president and managing director of Ford India. Wed, 7 May 2008 10:57:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=FCEAD362-1D14-4962-AEE1-336DAB58B14B South Korea-based Kia Motors is likely to start producing a sport utility vehicle at its first US facility in Georgia, reported Reuters, quoting a company official. Wed, 7 May 2008 10:03:00 GMT http://www.automotive-business-review.com/article_news.asp?guid=768FB06C-690C-4370-8FFB-712D8081362A Ford Canada is possibly planning to extend its production capacity at the Oakville assembly plant in Ontario, to include a fourth vehicle, reported Reuters, citing an industry source. Wed, 7 May 2008 09:52:00 GMT