-FASTWEBLINK Monthly Archive

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AUGUST, 2010

Tuesday - August 31, 2010

FOCUS: US Car Sales Head Toward 1982 Lows - 24/7WallSt.

FOCUS II: US Chrysler dealers get details on adding Fiat sales - DetroitNews

ECONOMIC FUNDAMENTALS: World markets fall on economic fears - Guardian

ECONOMIC FUNDAMENTALS II: Kan's Stimulus Plan May Fail to Offset Impact of Yen - BusinessWeek

ECONOMIC FUNDAMENTALS III: 10 reasons Jeremy Grantham's betting $100 billion on historic game-changer - Seven lean years: No US recovery till 2016 - MarketWatch

CANADA

Magna, Stronach deal gets 2nd court OK - CBC

Canada auto sales near 3-yr high in summer - Reuters

Economists see Canada's growth slowing - FinancialPost

Canadian Dollar Declines as Data Underpin Weak-Recovery Case - Bloomberg

INTERNATIONAL

US proposes grading cars on emissions, efficiency - Reuters

Honda's India Unit to Boost Dealers 28% to Spur Flagging Sales - Bloomberg

Mazda Betting Big on New Engines - WardsAuto

Feds investigate 2007-08 Jeep Wranglers, '09 Jetta diesels - DetroitNews

Future Leaf owners revolt over AeroVironment's outrageous charger installation quotes - Autobloggreen

Toyota Prius Augurs Collapse in Japan's Auto Sales - Bloomberg

Monday - August 30, 2010

FOCUS: US used vehicle demand up, supply down; prices soar - DetroitNews

FOCUS II: Friends of the Earth urges end to 'land grab' for biofuels - Guardian

ECONOMIC FUNDAMENTALS: Euro-zone economic sentiment rises in August - MarketWatch

ECONOMIC FUNDAMENTALS II: "Rebuilding a US rare earth supply chain may take up to 15 years": Backlash over China curb on metal exports - Telegraph

CANADA

Quebec utility bets on the electric car - Reportonbusiness

Week Ahead: Wake-up call on economy - FinancialPost

INTERNATIONAL

Oil dips below $75 as Bernanke factor fades - Reuters

US Gasoline Prices Plunge - 24/7WallSt.

US late payments on auto loans fall in 2nd quarter - DetroitNews

Guangzhou Auto Rises in Hong Kong on Trading Debut - Bloomberg

China's Dongfeng Motor lifts 2010 sales target - Reuters

Weekend - August 28, 2010

FOCUS: August US auto sales sluggish; economy a concern - Reuters

FOCUS II: Ford Recalls 575,000 Windstars on Axle-Fracture Risk - Bloomberg

ECONOMIC FUNDAMENTALS: Death of equities, part 2? - MarketWatch

ECONOMIC FUNDAMENTALS II: Oil Analysts' Horrible Track Record Shows Why Prices Could Super-Spike Thanks To China - BusinessInsider

CANADA

It's not a cannabis car but... - TheStar

Que. lithium mine aims to cash in on boom - CBC

Federal deficit shrinks to $7.2-billion - Reportonbusiness

Canadian dollar ‘big winner' with more quantitative easing - FinancialPost

INTERNATIONAL

AvtoVAZ to Debut $7,200 Granta by End of 2011, Le Figaro Says - Bloomberg

BMW mourns loss of Jack Pitney - DetroitNews

Mercedes-Benz will build 500 A-Class E-Cells using Tesla batteries - Autobloggreen

Santander Acquires $4 Billion U.S. Car-Loan Portfolio - BusinessWeek

Friday - August 27, 2010

FOCUS: Dan Akerson Takes the Wheel at GM - BusinessWeek

FOCUS II: Russian car market steps up a gear (VIDEO) - Reuters

ECONOMIC FUNDAMENTALS: Fiscal ammunition runs low - MarketWatch

ECONOMIC FUNDAMENTALS II: Stock markets face a 'bloodbath', warns SocGen strategist Albert Edwards - Telegraph

ECONOMIC FUNDAMENTALS III: Yen rise to push more Japan output overseas - Reuters

CANADA

7 questions for Dennis DesRosiers - Reportonbusiness

Toyota Canada recalls 200,000 vehicles on stalling risk - TheStar

Judge erred in approving Magna share structure plan, panel told - FinancialPost

INTERNATIONAL

Toyota Recalls 1.1 Million Corolla, Matrix Cars - Bloomberg

Ford to expand presence in Asia - CNNMoney

Spyker posts fresh loss, trims Saab target - Reuters

Autoworkers Adjust to Job Banks' End as GM, Ford Try to Rebound - BusinessWeek

Peel looking to reintroduce world's smallest car - Autobloggreen

Thursday - August 26, 2010

FOCUS: Study: China to gain top spot in electric vehicle sales by 2015; U.S. will remain hybrid haven - Autobloggreen

FOCUS II: Strong Used-Car Values Should Help New-Car Sales - WardsAuto

ECONOMIC FUNDAMENTALS: Skittish consumers, executives boost odds of new U.S. downturn - Reportonbusiness

CANADA

Mitsubishi's new e-car ‘plugging away' across Canada - MarketWatch

INTERNATIONAL

Continental AG looks to enter India car tyre segment - Reuters

Roewe cashes in on MG Rover's British heritage - Telegraph

Jaguar's XJ Sentinel uncaged at Moscow motor show - Guardian

US auto sales likely to keep slipping - DetroitNews

Renault India to launch 5 new cars in the next 3 yrs - Reuters

Wednesday - August 25, 2010

FOCUS: 3 million Jeep Grand Cherokees in safety probe - CNNMoney

FOCUS II: Audi to Sell A1 Compact Car Outside Europe, Boost Production - Bloomberg

ECONOMIC FUNDAMENTALS: "We are right at the tipping point. The end game approaches, probably in next few weeks": Hard-nosed Fed sends global markets reeling - Telegraph

ECONOMIC FUNDAMENTALS II: Fed's Evans says US double-dip risk has risen - Reuters

CANADA

Recovery hopes take another knock - FinancialPost

June insolvencies increase 7% - CBC

INTERNATIONAL

Feds intensify probe of stalling Corollas - DetroitNews

Sounds like a Prius down the street - CNNMoney

Infiniti getting ready for more hybrid models - Autobloggreen

Russia Recovery Makes Car Market Europe Bright Spot - Bloomberg

Tuesday - August 24, 2010

FOCUS: The Big SUV's death rattle - Fortune

FOCUS II: U.S. agency steps up probe into Corolla stalling - Reuters

ECONOMIC FUNDAMENTALS: Latest US data suggest we are already in double-dip recession: Blowing in the wind - MarketWatch

ECONOMIC FUNDAMENTALS II: Deflation: the Neutron Bomb of Balance Sheets - Barron's

CANADA

GM Canada, 21 dealers settle suit - Reportonbusiness

Petro-Canada's Certigard tops auto service rankings - TheStar

Loonie Touches Weakest in Month After Revised Rate Expectations - Bloomberg

Ontario debt tops $200B - CBC

INTERNATIONAL

U.S. government seeks oil company tax to fund transportation - Reuters

Scania ups Europe hires to cope with truck demand - MarketWatch

Focus ST fails to meet Euro 5 standard, Ford gives it the axe - Autobloggreen

Toyota shifts more authority to U.S. units - DetroitNews

BRIEF-Fiat July car sales down 32.6 pct - Reuters

Monday - August 23, 2010

FOCUS: VW Interested in Buying Fiat's Alfa Romeo, Automobilwoche Says - Bloomberg

ECONOMIC FUNDMENTALS: If the economic road is so bumpy, why are all those trucks on the move? - Reportonbusiness

ECONOMIC FUNDAMENTALS II: America no longer needs Chinese money, for now - Telegraph

CANADA

Canada Credit: Carney Rate-Increase Odds Drop Below 50 Percent - Bloomberg

INTERNATIONAL

Facebook's ‘Car Town' Gains Honda Ads in Games Shift - BusinessWeek

Toyota 2011 hybrid output to rise 7 pct y/y - Reuters

Mahindra, Ssangyong to Work Together on New Vehicles - Bloomberg

UK: Motorists face £250-a-year tax to park at work - Telegraph

Hyundai's diesel-powered i40 to offer "class-leading CO2 emissions" - Autobloggreen

Weekend - August 21, 2010

FOCUS: The New GM to hit market with new hopes, old ghosts - MarketWatch

ECONOMIC FUNDAMENTALS: US: THE NEVER ENDING RECESSION - PragCap

ECONOMIC FUNDAMENTALS II: Preparing for the Next 'Black Swan' - WSJ

CANADA

Honda Canada discontinuing Insight and Civic hybrid - Autobloggreen

Odds of rate hike shrinking - FinancialPost

HST drives up Canada's inflation rate - CBC

INTERNATIONAL

 

Bill Ford sees sunnier days after weathering '07 storms - DetroitNews

Bond prices suggest GM stock may be overvalued in IPO - MarketWatch

GM considered, rejected HK listing - Reuters

BorgWarner May Make Acquisitions, Resume Dividends - Bloomberg

GM IPO may cost Ford some investors, chairman says - TheStar

Friday - August 20, 2010

FOCUS: Rising from the ashes in Detroit - TheEconomist

ECONOMIC FUNDAMENTALS: US unemployment Ready To Push Above 10% - 24/7WallSt.

ECONOMIC FUNDAMENTALS II: Flight to "safety" eases China diversification - Reuters

CANADA

BDC small-business loans hit record level - Reportonbusiness

Survey: Salary hikes eyed for 2011 - CBC

INTERNATIONAL

Honda's Dream of U.S. Production Protects Profit - Bloomberg

Look out below: Mitsubishi drops i-MiEV still-high price by £10,000 - Autobloggreen

Chrysler previews new Jeep Wrangler - DetroitNews

Another Hyundai exec jumps to GM - CNNMoney

Crude Oil Falls to Six-Week Low on Signs Recovery Is Slowing - Bloomberg

 

Thursday - August 19, 2010

FOCUS: GM Offering Tests Investor Confidence in Market Share, Earnings - Bloomberg

FOCUS II: GM's balance sheet draws praise ahead of IPO - MarketWatch

ECONOMIC FUNDAMENTALS: US Double-dip recession talk will be heating up - NYPost

ECONOMIC FUNDAMENTALS II: Western profits wilt on China's surging wages - Telegraph

ECONOMIC FUNDAMENTALS III: Is France On The Verge Of A Sovereign Downgrade? - BusinessInsider

CANADA

GM revs up for stock sale - Reportonbusiness

INTERNATIONAL

GM's IPO: High hopes and deep fears - Fortune

Toyota Evokes James Bond in New Push for Sports Cars - BusinessWeek

FACTBOX-Highlights from GM's IPO - Reuters

VW to Bring Back $85,000 Phaeton to U.S. After Flop - Bloomberg

GM to Invest $20 Million More at Michigan Powertrain Facility - WardsAuto

Wednesday - August 18, 2010

FOCUS: What If There Is No GM IPO? Breaking Up The Car Company - 24/7WallSt.

FOCUS II: Analysis: Carmakers eye vehicle finance to drive China growth - Reuters

FOCUS III: GM Said to Consider Sale of Preferred Stock Along With its IPO - Bloomberg

ECONOMIC FUNDAMENTALS: Germany Ignores Soros as Exports Boom Comes at Cost - BusinessWeek

ECONOMIC FUNDAMENTALS II: Time is running out for the West - Telegraph

CANADA

Mazda recalls 300,000 cars in US, Canada and Mexico - Guardian

Terence Corcoran: The new game of corporate control - FinancialPost

Opponents to Magna deal weigh their options - TheStar

INTERNATIONAL

GM, SAIC deepen ties, to share engine development - Reuters

Study: Hybrid insurance rates will rise - Autobloggreen

Nidec to Buy Emerson's Motor Assets to Expand in U.S. - Bloomberg

GM recalls 240,000 SUVs for seat belt problem - CNNMoney

Powertrain Revolution Under Way, Study Says - WardsAuto

S. Korean ambassador to meet auto executives - DetroitNews

Tuesday - August 17, 2010

FOCUS: Toyota Rethinks Pedal Design - WSJ

FOCUS II: GM completes IPO paperwork, filing expected Tuesday - Reuters

ECONOMIC FUNDAMENTALS: China Cuts US Treasury Holdings By Record Amount - 24/7WallSt.

ECONOMIC FUNDAMENTALS II: Another Threat to Economy: Boomers Cutting Back - WSJ

CANADA

Magna court ruling expected Tuesday - CBC

INTERNATIONAL

Renault ‘Chased Out' of Sedans Draws Protests to Korea Imports - Bloomberg

From fear to greed, banks jostle for GM deal - Reuters

Possible steering problems in 2010 Kia Soul - Reportonbusiness

UK petrol retailers urge Coalition government to tackle high fuel prices - Telegraph

Chrysler gives sneak peek at 2011 Durango - DetroitNews

Does the Dodge Challenger ad appeal to anti-British sentiment? - Guardian

Monday - August 16, 2010

FOCUS: Tata - No longer all in the family: Indian businesses step out - Reuters

ECONOMIC FUNDAMENTALS: Yen Up On Risk Aversion After Weak Japan GDP - MarketWatch

ECONOMIC FUNDAMENTALS II: China marches towards world's No. 2 economy - CNNMoney

CANADA

Paul Krugman: Canada's economic recovery ‘by no means a sure thing' - FinancialPost

Economic data: The week ahead - TheStar

INTERNATIONAL

Akerson to Struggle in Proving to IPO Investors Europe Fixable - Bloomberg

Tata Motors says July global sales rise 36 pct - Reuters

Resurgent GM prepares to return to stock market - Guardian

Taurus a blueprint for Ford's success - DetroitNews

Weekend - August 14, 2010

FOCUS: Volkswagen Forecasts Drop in Global Car Sales in Second Half - Bloomberg

FOCUS II: GM's stock offering plans draw scrutiny - DetroitNews

ECONOMIC FUNDAMENTALS: "The unthinkable and the improbable become probable:" Investors should prepare for 'major structural changes' - FinancialPost

CANADA

Loonie Falls for First Week in a Month as Equities, Oil Decline - BusinessWeek

Flaherty undecided about selling GM stake - CBC

Judge to ponder Stronach buyout - Reportonbusiness

StatsCan: Truck sales drive auto market in June - TheStar

INTERNATIONAL

GM IPO filing delayed until early next week - Reuters

US Dealership Count Now at ‘Sweet Spot' - WardsAuto

Hyundai will need new hybrid, plug-in to stand out from the competition to reach 50 mpg average - Autobloggreen

Oil drops a 4th day on economic growth fears - Reuters

Friday - August 13, 2010

FOCUS: Akerson Prepares for GM IPO as U.S. Auto Sales Growth Stalls - Bloomberg

FOCUS II: GM CEO steps down on cusp of IPO filing - Reuters

ECONOMIC FUNDAMENTALS: Euro-zone growth strongest in 4 years, driven by Germany - MarketWatch

ECONOMIC FUNDAMENTALS II: US: What the Double Dip Recession Will Look Like - 24/7WallSt.

CANADA

Chrysler to spend $27-million on Toronto plant - Reportonbusiness

INTERNATIONAL

GM's executive churn - MarketWatch

Geely Drops Plan to Buy Control of Manganese Bronze Holdings - Bloomberg

Ed Whitacre drops a monkey wrench in a GM IPO - Fortune

U.S. car buyers want large vehicles, SUVs again thanks to "stabilizing gas prices" - Autobloggreen

Report: U.S. loses 258 auto dealerships in first half of year - DetroitNews

Thursday - August 12, 2010

FOCUS: GM ties up $5 billion bank deal, IPO filing Friday - Reuters

ECONOMIC FUNDAMENTALS: Uh-oh, China can't save us - FinancialPost

ECONOMIC FUNDAMENTALS II: Analysis: Deflation poses threat to big-ticket retailers - Reuters

CANADA

Slowing growth in the U.S., China, Britain and Canada: ‘Double-dip' fears grow in U.S. - Reportonbusiness

INTERNATIONAL

Driver error caused Toyota's 'runaway' cars, US study suggests - Guardian

India Mahindra: bid amount to be for Ssangyong debt - Reuters

Ford offers V-6 engines in F-150 pickup - DetroitNews

Toyota Shares Fall to 17-Month Low as Yen Nears 15-Year High - Bloomberg

India's Tata Motors looks to boost trucks business - Reuters

GM Said to Aim for Up to $16 Billion in Stock Sale - Bloomberg

Wednesday - August 11, 2010

FOCUS: Tesla and Electrovaya: Green power plays - FinancialPost

ECONOMIC FUNDAMENTALS: Monetary policy in a time of deleveraging - MarketWatch

ECONOMIC FUNDAMENTALS II: US Economists Wake Up And See A Crisis - 24/7WallSt.

CANADA

Canada to fund new bridge at U.S. border crossing - Reuters

INTERNATIONAL

Tata's Jaguar Land Rover Asks Ford for More Engines - Bloomberg

IEA raises 2010, 2011 oil demand forecasts - MarketWatch

Probe uncovers no new Toyota defects - Reportonbusiness

BofA-ML raises price objective on India's Tata Motors - Reuters

Honda to Fix Battery Software in 90,000 Civic Hybrids - Bloomberg

US utility sets E-V plug-in price - DetroitNews

Tuesday - August 10, 2010

FOCUS: US: Honda recalls 383,000 cars for rollaway danger - CNNMoney

FOCUS II: Driverless cars hit the road (VIDEO) - Reuters

ECONOMIC FUNDAMENTALS: US Fed ponders more easing as economy stumbles - Reuters

ECONOMIC FUNDAMENTALS II: OIL PRICES SAY: 100% CHANCE OF A NEW RECESSION - PragmaticCapitalist

CANADA

CAW head calls for national jobs summit - CBC

Dismal July job figures under fire - Reportonbusiness

Canada Credit: Canada losing edge in corporate borrowing costs - FinancialPost

Honda Canada recalls 44,000 vehicles for reported ignition defect - TheStar

INTERNATIONAL

Honda to cut Japan output 4 pct after subsidies end - Reuters

Jaguar Owner Tata Jumps to 19-Year High After Profit - Bloomberg

Toyota cuts 600 contract workers in Japan - DetroitNews

Crude futures fall sharply on heels of China import data - MarketWatch

Monday - August 09, 1010

FOCUS: Chrysler Posts $172 Million Loss Amid Sluggish Sales - WSJ

FOCUS II: Toyota Says Small-Car Exports Not Feasible Given Yen - Bloomberg

FOCUS III: Ford aims to win back investment grade rating - Reuters

ECONOMIC FUNDAMENTALS: U.S. Economy to Improve Slowly, Former Treasury Secretaries Say - Bloomberg

ECONOMIC FUNDAMENTALS II: China: Sluggish Manufacturing Activity - Caixin

ECONOMIC FUNDAMENTALS III: Commodity spike queers the pitch for Bernanke's QE2 - Telegraph

CANADA

Canada Credit: ‘Awful' Jobs Fail to Kill Rate-Rise Expectations - Bloomberg

Baird: Public service ‘won't see major cuts' - FinancialPost

INTERNATIONAL

Oil rises above $81 as weak dollar supports - Reuters

BMW's global car sales rise 9.1% in July - MarketWatch

With Little Fanfare Comes the Transit Connect EV from Ford - BusinessWeek

China's July Car Demand Growth Slowest in 16 Months - Bloomberg

Chrysler sales rise but problems lurk behind gains - DetroitNews

Friday - August 06, 2010

FOCUS: GM at work on IPO filing but not ready yet - Reuters

ECONOMIC FUNDAMENTALS: 2 Top Economists Differ Sharply on Risk of Deflation - NYTimes

CANADA

Magna Q2 back in black as sales jump by two-thirds - Reuters

Canadian unemployment rise pressures loonie - MarketWatch

Another stimulus package? Fragile economic recovery tops agenda at premiers' meeting - Reportonbusiness

INTERNATIONAL

Toyota Exec ‘100% Convinced' No Electronic Defects - WardsAuto

Toyota Assessing Quality Issues With North American Suppliers - Bloomberg

GM's $5B credit quest key to stock sale - DetroitNews

General Motors India to launch light truck by FY12-end - Reuters

'Flying car' Terrafugia Transition redesigned and delayed - Telegraph

Volkswagen's Audi Sales Rise 7.7% in July on China, U.S. Surge - Bloomberg

Thursday - August 05, 2010

FOCUS: Obama to Announce $250 Million Loan Guarantee for Ford Exports - Bloomberg

FOCUS II: Hyundai: Boost fuel efficiency to 50 MPG by 2025 - CNNMoney

ECONOMIC FUNDAMENTALS: PIMCO's El-Erian: The US Is On The Road To Deflation - BusinessInsider

CANADA