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Detroit Suffers Through Auto Industry Realignment
Tue, 26 Dec 2006 11:23:00 EST | NPR News Headlines
Big losses and intense competition from Japanese automakers prompted major restructuring at Ford and General Motors in 2006. Plant closings were announced and union workers were offered buyout packages as sales of profitable SUVs plummeted.
World Business Briefing: China: Auto Industry to Face Restraints
Tue, 26 Dec 2006 23:36:12 EDT | New York Times
China announced measures to restrain the rapid expansion of its automobile industry, saying the sector could face a serious overcapacity problem if trends continued. The National Development and Reform Commission, the country?s top economic planner, called improving the industry?s structure an urgent task. Auto sales in China, the world?s second-largest auto market after the United States, jumped 25 percent in the first 11 months of 2006 from a year earlier, to 6.45 million vehicles.
Wed, 03 Jan 2007 17:42 GMT | TheStreet.com
But a debate continues over whether housing and auto weakness will let up or bleed into other sectors.
Detroit Auto Show Highlights Failing U.S. Giants
Thu, 04 Jan 2007 06:00:00 EST | NPR News Headlines
Carmakers from around the world converge on the biggest auto show of the year in Detroit next week. That's where U.S. manufacturers like Ford and GM will be working hard to regain American customers, and market share from Japanese companies like Toyota. Renee Montagne talks to Car and Driver magazine's Csaba Csere about Ford and General Motors struggle to survive.
Thu, 04 Jan 2007 23:03:36 EDT | New York Times
Ford has rapidly seen its position in the auto industry and in its hometown eroded by its failure to combat foreign competition.
BMC Capital Provides $775,000 Loan for an Auto Zone in Odessa, Texas
| PR Leap
BMC Capital originated a $775,000 loan for the acquisition of an Auto Zone in Odessa, Texas
Toyota Enters the Auto Show With a Swagger
Sun, 07 Jan 2007 23:24:05 EDT | New York Times
Toyota is making surprisingly aggressive moves at the North American International Auto Show in Detroit.
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