(Reuters) - Some auto makers are threatening to fight surcharges steelmakers are trying to impose on agreed supply contracts in a bid to curb the impact of spiking steel prices and bolster their weak finances, The Wall Street Journal said, citing...
SEOUL (Reuters) - Hyundai Motor Co , South Korea's top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia's fourth-largest economy. But...
The UAW strike at GM may have only lasted two days, but the underlying issues generating the conflict between the union and auto manufacturers are much longer lived. Primary among these is the burgeoning health care liability of the big 3 auto makers. Though GM's American workforce...
Optical Systems, Inc. (PINKSHEETS: OPSY) todayannounced that they have signed a Letter of Intent to enter into a JointVenture agreement with Text-4-Cars.com. The joint venture allows OPSY tooffer "Save-A-Deal" to the Canadian market with a partner that already hasestablished relationships with auto dealers. The Joint Venture will alsogive...
Auctions International Inc. (PINKSHEETS: AUCI),a technology company that owns and markets proprietary software thatenables real time online auctions of virtually any commodity in thewholesale market, has broadened its alliance with NXGen, Inc., a whollyowned subsidiary of NXGen Holdings, Inc. (PINKSHEETS: NXGH). NXGen, Inc. isan emerging data solutions provider that integrates...
FRANKFURT AFP — A closely-run family firm is pursuing German auto parts giant Continental with a surprise bid that was spurned by its target Wednesday as totally inadequate. Continental chairman Manfred Wennemer slammed Schaeffler Group's offer that valued the company at 11.3 billion euros (18 billion dollars) as...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/ba443f/investment_report) has announced the addition of the "Investment Report of China Auto & Auto Parts Industry, 2000-2008" report to their offering. As the China automobile industry began walking out of the slow-growth period that emerged in the second half of 2004, the...
FRANKFURT AFP — The family-owned Schaeffler auto and aerospace parts company launched Tuesday an offer for its much larger German rival Continental but said it was not necessarily seeking a majority stake. Schaeffler offered 69.37 euros (102 dollars) per share, a statement said, which valued Continental at 11.3...
FAIRFIELD, Calif. -- Copart, Inc. (NASDAQ:CPRT), a leading online vehicle remarketing company, filed an antitrust lawsuit yesterday alleging that Auto Auction Services Corporation AASC is restraining competition and stifling innovation by denying Copart access to an essential electronic network called AutoIMS. AutoIMS is an electronic vehicle inventory management...
NORDIC BUSINESS REPORT-15 July 2008-Gunnebo AB wins order for safe deposit lockers systems in SpainC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Swedish security solutions group Gunnebo AB (OMX Stockholm: GUNN) said on Tuesday (15 July) that its subsidiary Gunnebo Espana has received an order from Spanish bank Banco Bilbao Vizcaya...
Adeptra's Auto-Resolution Services and Chordiant's Collections Manager Application Combine to Reduce Call Center Costs, Improve Customer Experience CUPERTINO, Calif. & NORWALK, Conn. -- Chordiant Software, Inc. (Nasdaq:CHRD), the leading provider of Customer Experience (Cx[TM]) software, and Adeptra Inc., the world's top provider of automated contact and resolution services...
ORANGE COUNTY, Calif., July 15 /PRNewswire-FirstCall/ -- Leading automotive CRM provider DealerSocket, Orange County's second fastest growing company and the 37th fastest growing nationally (Deloitte & Touche), today announced that by leveraging the company's CRM solution, its customer base of more 500 dealerships throughout the U.S., Canada, U.K. and...
DETROIT, July 15 /PRNewswire/ -- Autodata Solutions, Inc., an industry leader in vehicle data, content, research and technology, introduces another innovation with the launch of the Autodata Video Showroom. The new multimedia offering will enable automotive retailers and media companies to deliver the next generation of interactive media...
* Ford's sponsorship of the 2008 Kohler International Challenge made it possible for the Shelby Automobiles Racing Team to return. * The team will be assembled under the direction of Carroll Shelby and is the foundation for a new racing program. * This is the first...
BEVERLY, Mass. -- Electric Insurance Company announced today that it has appointed Insurance Consultants of Missouri to market its personal lines insurance products. Electric Insurance is a provider of auto, homeowners, condominium, renters and umbrella insurance to the employees of General Electric, and to consumers through a select group of...
Company Gains Approval from China Insurance Regulatory Commission CIRC BOSTON -- Liberty Insurance Company Limited LICL, a wholly owned subsidiary of Liberty Mutual Group, has been granted approval to establish a branch in Beijing by the China Insurance Regulatory Commission CIRC. Beijing is the first branch established by...
Entriq , aleading digital media company that makes it easy for content providers andbroadcasters to quickly and efficiently get their video content to viewers,today announced that its newest customer, AutomotiveStreetStyle.com has selected its PUBLISH solution from among a slate of top tier digitalvideo providers. AutomotiveStreetStyle.com, founded by former NBA...
Auto, Motorcycle/ATVs and Marine Divisions, along with Corporate Operations, Will now be consolidated to optimize Suzuki's success in the United States BREA, Calif. -- American Suzuki Motor Corporation American Suzuki, continually seeking to optimize its business in response to ever-changing consumer preferences and market conditions, announced today that...
FRANKFURT AFP — Shares in German auto parts company Continental shot up in early trading on Monday on reports it could be taken over by the family-owned Schaeffler group. Continental shares showed a gain of 25.02 percent to 67.46 euros on the Frankfurt stock exchange, while the Dax...
OREM, Utah & BOSTON -- The Farmers Insurance Group of Companies[R], the third largest home and auto insurance group in the United States, has selected 360Value[TM] (www.360-value.com) to estimate reconstruction costs for its high-value home program. Developed by a team from ISO subsidiaries Xactware and AIR Worldwide, 360Value is a...
