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Archive for January 13th, 2008US automakers face onslaught in 2008Posted by UK Economy News
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13Jan 08 After years of crisis, the big three US automakers face another brutal year with demand expected to dip again due to an economic downturn threatening to snuff out 2007's timid recovery.
Read full story Nuclear giant Areva renews deal with NigerPosted by UK Economy News
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13Jan 08 French nuclear giant Areva announced a deal with Niger on Sunday fixing uranium prices for the next two years and green-lighting production at the billion-euro (1.5-billion-dollar) Imouraren site.
Read full story Comments Off Launch of world’s cheapest car opens road to huge new marketPosted by UK Economy News
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13Jan 08 India's launch of the world's cheapest car will spur creation of a vast new market segment in the nation of 1.1 billion people where the auto sector is already red hot, analysts say.
Read full story Comments Off Glitz at Detroit auto show, in hard timesPosted by UK Economy News
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13Jan 08 Alongside the flashing camera bulbs and sparkling champagne at previews of Detroit's auto show Sunday were hints of the high stakes and hard times facing automakers in the United States.
Read full story Comments Off Hybrids to account for 10 percent of Honda sales: chiefPosted by UK Economy News
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13Jan 08 Hybrid vehicles will account for 10 percent of Honda Motor's global sales by 2010 as the company focuses on increasing fuel efficiency and reducing carbon monoxide emissions, the Japanese automaker's chief said Sunday.
Read full story Comments Off Anheuser-Busch may help S&N bid for BBHPosted by UK Economy News
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13Jan 08 U.S. brewer Anheuser-Busch has approached peer Scottish & Newcastle about helping it in any bid for full control of Baltic Beverages Holding, The Sunday Times reported.
Read full story Comments Off VW has record sales and ponders North American plantPosted by UK Economy News
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13Jan 08 Volkswagen will decide in 2008 where to build a new auto plant in North America, VW chief executive and management board chairman Martin Winterkorn said on Sunday.
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13Jan 08 GM repeats with car-of-the-year honoursPosted by UK Economy News
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13Jan 08 General Motors , which has struggled to reinvigorate its passenger car lineup in recent years, on Sunday took car-of-the-year honours at the Detroit auto show for the second straight year.
Read full story Comments Off German train drivers upbeat on wage deal by month’s endPosted by UK Economy News
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13Jan 08 German train drivers' union GDL said Sunday it did not plan further strikes in its bitter battle for a new wage deal and was confident of reaching an accord with employers by the end of the month.
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