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AutoZone's Net Falls 3%, Sales Rise
Come From: wall street jounral
AutoZone Inc.'s fiscal fourth-quarter profit fell 3% as the latest period was a week shorter than a year earlier. Operationally, higher overhead and interest costs were more than offset by continued sales gains for the auto-parts retailer.
Advanced Auto Parts to sell Zep products
Come From: Atlanta Business Chronicle
Zep Inc. has inked a deal with Advance Auto Parts Inc. to get Zep products in the retailer’s more than 3,400 stores and its Web site.
Auto firms see India as small-car export factory
Come From: reuters
Global carmakers are lining up to make India, home of Tata Motors' (TAMO.BO) Nano, the world's cheapest car, a base for their export operations as they try to cut costs and move to compact, fuel-efficient vehicles.
Marchionne Managing Chrysler Means 5 Mobile Devices in Backpack
Come From: bloomberg
To save Chrysler Group LLC, Chief Executive Officer Sergio Marchionne has to create a mid-size sedan that can compete with the world’s best. It’s a three- to five-year job, and he may have two years to do it.
Auto Makers Unlikely To Repay Loans Fully
Come From: the wall street journal
This whole Auto-Tune battle looks like it's not going away anytime soon. On one side, you have Jay-Z, whose track "D.O.A. (Death of Auto-Tune)" is a direct attack on what the legendary rapper feels is an overuse of the pitch-correction software.
New car sales in UK rise in August
Come From: shanghaidaily
NEW car sales in Britain rose for a second month running in August as the government's "cash for bangers" scheme lured cost-conscious buyers on to forecourts.
Peugeot, Mitsubishi Chiefs to Meet on Electric Cars
Come From:
PSA Peugeot Citroen and Mitsubishi Motors Corp. will hold talks on increasing cooperation in building electric cars.
Fiat to Buy $1 Billion of Auto Parts from India
Come From: the wall street jounral
Italy's Fiat Group Purchasing, which sources components for Fiat SpA, plans to buy auto parts worth $1 billion from India in 2010, a company executive said Thursday.
India`s Bajaj Auto Aug sales rise 6 pct on yr
Come From: reutters
Bajaj Auto Ltd's (BAJA.BO) August vehicle sales and percentage change from a year earlier:NOTE: Bajaj Auto is India's No. 2 motorcycle maker and the top producer of motorised three-wheel rickshaws. It is working with Renault
US automakers brace for slowdown in sales
Come From: china daily
DETROIT: The nation's automakers are bracing for quieter showrooms and slower sales this autumn after the Cash for Clunkers program offered a big but unsustainable boost in August.
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