Toyota to sell 10.4m worldwide in 2009 – paper
Toyota Motor plans to sell around 10.4m vehicles worldwide in 2009, as demand increases in North America, China and other emerging economies, a Japanese business newspaper said on Wednesday.
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US: GE Plastics takes over Exatec joint venture
GE Plastics has purchased the remaining shares of its 50:50 joint venture with Bayer MaterialScience, advanced glazing systems company Exatec. The deal will be completed subject to the approval of antitrust authorities. Financial details of the transaction have not been divulged.
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Hella Reports 2006-2007 Fiscal Year Profit Gains
Hella KGaA Hueck & Co., a global tier-one supplier of automotive lighting and electronic equipment, reported sales of $5.1 billion in the fiscal year 2006-2007, a gain of eight percent. Hella is one of the 100 largest German industrial companies.
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Global market review of front-end modules for passenger cars and light trucks – forecasts to 2013
Interest in front-end modules has increased over the last ten years, partly due to the focus on vehicle safety issues and the need to comply with guidelines from the European Union (EU) for pedestrian safety.
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Czech Republic: Magneti Marelli subsidiary announces US$127.6m expansion plan
Automotive Lighting Jihlava, the Czech automotive lighting systems manufacturer and subsidiary of Magneti Marelli, is investing US$127.6m into expanding and upgrading its operations in response to growing demand.
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World Leader in Automotive Headlamps Chooses DuPont Polymer
Valeo, the world's leading manufacturer of automotive lighting products, has chosen DuPont(TM) Zytel(R) HTN PPA for use in the company's adaptive front lighting systems that are used on a number of vehicles such as the Volkswagen Passat or the Citroen C4. Such systems provide drivers with enhanced night visibility for improved safety.
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SPAIN: Seat opens new prototype centre
Volkswagen Spanish unit Seat has opened a new prototype development centre (PDC) within its Martorell production facility, employing 300 engineers in both the technological centre and process engineering area.
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Cerberus names Bob Nardelli as Chrysler CEO
With the ink not yet dry on its purchase, Chrysler LLC has named the controversial former Home Depot CEO Bob Nardelli as the new chairman and CEO of the automaker, according to a source familiar with the situation.
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Night Vision and Sales
While availability of a night vision system is unlikely to play a pivotal role for many consumers in deciding which new vehicle to buy, there are some circumstances in which it may be the key to a sale. The ability to detect naturally camouflaged animals in their habitats along the roadside is one instance cited by truckers who drive through less-populated areas of Canada.
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American Customer Satisfaction Index: How auto brands fared
How brands ranked on a 100-point scale.
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