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Alabama Likely Site of New VW Plant: Report
FRANKFURT (Reuters) - Alabama will be the likely home of a new Volkswagen manufacturing plant, beating two other states, German industry newsletter Automobilwoche said on Saturday, citing senior company sources. A VW spokesman said that a decision on the location of the ...
Tags: Alabama, VW, Volkswagen AG, Frankfurt, manufacturing, spokesman, Thomson Reuters Corp., supplier, newsletter
News items 2008-07-05

Additional Resources

German auto makers get on board the electric bandwagon
FRANKFURT AFP — Volkswagen, Daimler and BMW -- all of Germany's biggest car makers now want to launch electric cars, getting on the environmentally friendly bandwagon after lagging behind their peers. Specialists in high-end, mostly high emission automobiles, German companies have built a reputation for making exciting cars...
Articles 2008-07-12
Daimler unveils plans for truck plant in Chennai, India
FRANKFURT AFP — German auto group Daimler has chosen Chennai, southern India, as the site for a new truck plant, it said Monday. Construction of the factory in India's fourth-largest city is to begin in the near future, with production of 70,000 vehicles per year foreseen starting in...
Articles 2008-07-07
Shawnee woman leads class action lawsuit against automaker
Rhonda Masquat had experienced some problems with the steering of her car a few times, but didn't realize the cause - or the extent - of the problem. Then she saw an ad run by the West Law Firm in her hometown of Shawnee. The process...
Articles 2008-07-03
SAS in Leaders Quadrant for Customer Data Mining Applications
CARY, N.C. -- SAS, the leader in business intelligence and analytics, is in the Leaders quadrant of Gartner Inc.'s Magic Quadrant for Customer Data Mining Applications, which it considers recognition for its success using descriptive and predictive analytics supporting marketing, sales and service functions to solve business problems. ...
Articles 2008-07-03
Chrysler Closing St. Louis Plant, Denies Bankruptcy Rumors, an Industrial Info News Alert
Researched by Industrial Info Resources(Sugar Land, Texas) -- Chrysler will close its St. Louis South plant, whichcurrently assembles minivans, on October 31, 2008. The St. Louis Northplant, which assembles pickup trucks, will not come away unscathed and willcut a shift from September 2, 2008, leaving only a single shift inoperation....
Articles 2008-07-02
Daimler AG Reports a 13 Percent Increase for the Mercedes-Benz Cars Division in the U.S. for June 2008
- Total of 22,121 Units of Mercedes-Benz Cars Division Sold in U.S. - Mercedes-Benz USA Records June Sales of 19,576 - smart USA Records 2,545 Sales in June NEW YORK, July 1 /PRNewswire-FirstCall/ -- Daimler AG stock exchange abbreviation DAI today reported sales...
Articles 2008-07-01
FISHER/UNITECH Introduces Direct Recruiting and Placement Services for the Technology Business Sector
TROY, Mich. -- FISHER/UNITECH, a leading engineering technologies firm serving the Midwest, announced today new value-added services for engineering and information technology IT staffing. The company aims to become a strategic asset and partner to clients in optimizing their human resource HR functions through supplemental staffing to increase productivity and...
Articles 2008-06-30
Norisring race result.
1. Jamie Green Salzgitter AMG Mercedes C-Klasse 1h 01m 47.963s 74 laps 2. Bruno Spengler Daimler-Chrysler-Bank AMG Mercedes C-Klasse +0.467s 3. Timo Scheider Audi Sport Team Abt Audi A4 DTM +2.191s 4. Mattias Ekström Audi Sport Team Abt Sportsline Audi A4 DTM +2.536s ...
Articles 2008-06-29
Norisring qualifying times.
1. Bruno Spengler Daimler-Chrysler-Bank AMG Mercedes C-Klasse 47.785s 2. Jamie Green Salzgitter AMG Mercedes C-Klasse 47.963s 3. Paul di Resta AMG Mercedes Mercedes C-Klasse 47.969s 4. Timo Scheider Audi Sport Team Abt Audi A4 DTM 48.028s 5. Martin Tomczyk Audi Sport Team...
Articles 2008-06-28
German plants to run on idle for football final, automakers say
BERLIN AFP — German automakers said Friday they would shut down production lines late Sunday so workers could follow the European football championship final between Germany and Spain. At Daimler, Volkswagen, Audi and Opel, night crews will start work after the final whistle, while day shifts will be...
Articles 2008-06-27
Daimler announces an electric Mercedes for 2010
FRANKFURT AFP — German auto maker Daimler will market an electric model by its Mercedes division and one by its small city-car brand Smart in 2010, boss Dieter Zetsche said Friday in a press interview released in advance. "We're are preparing an electric Smart for 2010 and an...
Articles 2008-06-20
[video] WallSt.net's '3 Minute Press Show' Features Executive Interviews and Highlights Recent Press for the Following: DAI, OPXA, AIRN, BCLI, GTEC and IFDG
NEW YORK, June 19 /PRNewswire/ -- WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino. Shows air Monday through Friday on: http://tv.wallst.net/. WallSt.net's 3-Minute Press Show features in-depth interviews with public company executives on their company and most...
Articles 2008-06-19
Daimler picks Hungary for its next compact car plant
FRANKFURT AFP — German auto giant Daimler ended several months of suspense Wednesday with a decision to build a new auto factory for small Mercedes models in Hungary. Daimler said it would invest about 800 million euros (1.2 billion dollars) in a plant in Kecskemet, 80 kilometres (50...
Articles 2008-06-18
Daimler says it will build an auto factory in Hungary
FRANKFURT AFP — The German auto manufacturer Daimler is to build a new factory in Hungary at a cost of some 800 million euros (1.2 billion dollars) to boost production of smaller models, it said on Wednesday. Daimler planned to build the plant in Kecskemet, 80 kilometers miles...
Articles 2008-06-18
Europe
WORLD MARKETS Stocks rose, led by Daimler after news that the German carmaker will resume share buybacks and on strength in miners such as Rio Tinto amid takeover speculation. Better-than-expected quarterly profits from Goldman Sachs and news that the US investment bank has completed a rescue of...
Articles 2008-06-18
Daimler unveils share buyback plan worth up to six billion euros
FRANKFURT AFP — German auto manufacturer Daimler said on Tuesday it would buy back about 96.4 million of its own shares, some 10 percent of its outstanding stock, for up to six billion euros (9.3 billion dollars). Daimler's capital structure would also be improved by "reducing the use...
Articles 2008-06-17
Daimler to Start New Share Buyback Program
- Goal of further optimizing capital structure - 10% of outstanding shares to be acquired for a maximum of euro 6 billion STUTTGART, Germany, June 17 /PRNewswire-FirstCall/ -- For the further optimization of Daimler's capital structure, the Board of Management of the company decided to...
Articles 2008-06-17
A.M. Best Affirms Rating of Intrepid Insurance Company
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A- Excellent and issuer credit rating of "a-" of Intrepid Insurance Company Intrepid (Farmington Hills, MI). The outlook for both ratings is stable. The ratings reflect Intrepid's solid capitalization, favorable loss ratios, effective management of...
Articles 2008-06-16
Dreier LLP Files a Class Action Lawsuit on Behalf of Investors of the Publicly Traded Securities of European Aeronautic Defence & Space Company EADS N.V
NEW YORK, June 13 /PRNewswire/ -- Dreier LLP (http://www.dreierllp.com/) announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of all purchasers of the publicly traded securities of European Aeronautic Defence and Space Company EADS...
Articles 2008-06-13
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