Sixty jobs have been saved at CSR Viridian's glass making plant in Geelong yesterday with the sale of the facility to MH Group for an undisclosed sum. »
Archive for June, 2009
Car dealers confidence cooled by OECD economy forecast
Only days after renewed confidence in Australian new car sales, the OECD have cast doubt over the Treasury's budget forecasts. »
Obama Loans Help US Auto Industry
US car makers Ford and Nissan will receive more than $7bn USD in government loans to develop more fuel efficient cars. »
Australia New Car Sales Increase by 5.4% on April 2009
The Australian Bureau of Statistics (ABS) has reported that the total sales of new motor vehicles has increased since the peak of January 2008. According to their latest statistics, the ABS reported that the sales increased to 72,532 units, 5.4%* higher than recorded in April 2009. However, trends for the number of vehicles sold in... »
Northern Suburbs Most Congested Red Spots in Perth
Almost one thousand RAC members in Western Australia have named the intersection of Burns Beach Road and Connolly Drive as the State’s worst Red Spot for congestion, saying the merging lanes at the intersection’s roundabout causes havoc with traffic. »
Toyota Australia sees Profits Halved
Despite celebrating its 50th anniversary, Toyota Australia has reported a net profit after tax of $123.4 million for its fiscal period, April 1, 2008, to March 31, 2009, which was almost half its previous corresponding period's $242.2 million. »
Ford Australia Reports Greatest Tax Loss, reports The Australian
Ford Australia has posted a $274 million after-tax loss for 2008, its worst reported result. »
VW would consider Porsche loan
After a positive quarter of trading, Volkswagen AG CFO Hans Dieter Poetsch announced that Europe’s largest manufacturer would consider giving sports car maker Porsche a loan if asked. »
How Important is Social Networking to Automotive Brands?
Social networking sites like Twitter and Facebook as given global motor manufacturers a way of linking with their customers. But are they too late; are bloggers and twitters savy to brand building? How important is social networking to your business? »
Commodores top Australia’s most stolen car list
AAMI insurance has revealed that Holden Commodores filled nine of the top fifteen most stolen models in NSW. »