Yahoo! Canada Finance: Auto Manufacturers Industry News

Fitch Rates Chrysler Financial Auto Securitization Trust 2009-B

Tue, 24 Nov 2009 19:06:43 GMT

Business Wire - Fitch Ratings rates the Chrysler Financial Auto Securitization Trust 2009-B as follows:

Nissan Announces First Fuel Cell Vehicle Lease in North America; 'Coca-Cola Zero(R)' X-Trail FCV Promotes Zero Emissions

Tue, 24 Nov 2009 18:00:50 GMT

PRNewswire - Nissan North America, Inc. (NNA) today announced the lease of a X-TRAIL Fuel Cell Vehicle (FCV) to Sacramento Coca-Cola Bottling Co., Inc.

CORRECTING and REPLACING Professor Settles with Mitsubishi Electric Corporation in LED/LD Patent Dispute

Tue, 24 Nov 2009 16:37:23 GMT

Business Wire - Please replace the release (dated November 5, 2009) with the following corrected version due to multiple revisions.

VW's Slovak plant to create 8,500 jobs

Tue, 24 Nov 2009 13:18:00 GMT

AFP - BRATISLAVA (AFP) - German car giant Volkswagen said Tuesday the production of a new line of small family cars in its Slovak plant would create 1,500 direct and 7,000 indirect jobs as of 2011.

Propaganda GEM is Shifting Gears to Drive Into a New Future With the BMW Group

Tue, 24 Nov 2009 11:15:12 GMT

PRNewswire - Propaganda GEM is proud to announce its appointment as the global entertainment-marketing agency of record for the BMW Group, effective January 1st 2010.

General Motors Co. to present Opel plan to unions this week

Tue, 24 Nov 2009 11:10:00 GMT

The Canadian Press - DUESSELDORF, Germany - General Motors Co. will present the restructuring plan for its Opel unit to unions this week, a program expected to result in up to 9,500 job cuts, the company's top official in Europe said Tuesday.

Acacia Subsidiary Enters into Settlement and License Agreement with BMW

Tue, 24 Nov 2009 11:03:05 GMT

Business Wire - Acacia Research Corporation (Nasdaq:ACTG) announced today that its Service Reminder, LLC subsidiary and BMW North America, LLC, filed a joint stipulation of dismissal of their patent litigation that had been pending in the United States District Court for the District of New Jersey, bearing Docket No. 08-4979 (SDW) (MCA).

Integrien CTO Dr. Mazda Marvasti Co-Authors Research in IT Data Analytics

Tue, 24 Nov 2009 11:00:24 GMT

Business Wire - Integrien Corporation today announced Dr. Mazda Marvasti, Integrien’s CTO, has co-authored...

Porsche aims to end Magna's Boxster contract: source

Tue, 24 Nov 2009 09:45:00 GMT

Reuters - STUTTGART (Reuters) - Germany's Porsche aims to cancel a deal that would have Canada's Magna build the Porsche Boxster model series under contract, a source familiar with the situation told Reuters.

Volvo Trucks Delivers First EPA2010-certified Trucks to Talon Logistics Inc.

Tue, 24 Nov 2009 08:10:24 GMT

Business Wire - Regulatory News:

Toyota, Honda and Volkswagen Take Top Spots in ALGs Fall 2009 Perceived Quality Study

Mon, 23 Nov 2009 18:35:25 GMT

Business Wire - ALG, a subsidiary of DealerTrack Holdings, Inc. (Nasdaq: TRAK), a leading provider of on-demand software and data solutions for the U.S. automotive retail industry, today announced that Toyota and Honda were the top performers among mainstream brands in ALG’s Fall 2009 Perceived Quality Score (PQS).

General Motors calls on EU states to pay most of $4.9B restructuring costs

Mon, 23 Nov 2009 16:59:00 GMT

The Canadian Press - BRUSSELS, Belgium - General Motors Co. on Monday asked European governments to help pay most of the US$4.9 billion it needs to restructure its struggling European operations.

Strike averted at auto parts plant

Mon, 23 Nov 2009 14:27:22 GMT

CBC - Workers at Johnson Controls are reporting for work Monday morning after Canadian Auto Workers union members ratified a tentative contract with the auto parts manufacturer on Sunday.

Toyota Led Quality Evolution Inspires Volkswagen, Ford Revolution Says Strategic Visions Total Value Index Report

Mon, 23 Nov 2009 14:24:09 GMT

Business Wire - Strategic Vision announces its 2009 Total Value Index™ (TVI) to help customers and automotive manufacturers understand what parts of the value equation are key motivators in the consumers’ new car shopping process.

Zacks Analyst Blog Highlights: Toyota Motors, Petroleo Brasileiro S.A., ExxonMobil Corp., Chevron Corp., and Royal Dutch Shell PLC

Fri, 20 Nov 2009 22:00:45 GMT

Business Wire - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

Goodyear Assurance Fuel Max Tires Selected for 2010 Toyota Prius

Fri, 20 Nov 2009 19:43:11 GMT

PRNewswire - The 2010 Toyota Prius, with its excellent fuel economy and low emissions, now comes standard with Goodyear's (NYSE: GT) new fuel-efficient tire, Assurance Fuel Max.

General Motors expects a plan for its European operations by mid December

Fri, 20 Nov 2009 17:21:00 GMT

The Canadian Press - FRANKFURT, Germany - General Motors Co. said it expects to release a full restructuring plan for its Opel and Vauxhall operations in mid December, but did not specify the amount of cuts to capacity and jobs it would seek.

Volkswagen approves Porsche takeover

Fri, 20 Nov 2009 17:02:00 GMT

AFP - BERLIN (AFP) - Volkswagen said Friday its supervisory board had cleared the way for its planned takeover of sportscar maker Porsche, as Europe's biggest carmaker ratcheted up the quest to become world number one.

'Year-end Wrap-up' Kicks Off at Chrysler, Jeep(R), Dodge and Ram Dealerships Across the United States

Fri, 20 Nov 2009 15:30:15 GMT

PRNewswire - Chrysler Group LLC today announced new incentives that offer consumers the choice of a gift for themselves or some extra cash in their pocket as the holiday season approaches.

Research and Markets: 2009 Natural Gas Vehicles Report Features Honda Motor Company Ltd, General Motors Corporation and New Flyer Industries

Fri, 20 Nov 2009 15:03:59 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/eee139/natural_gas_vehicl) has announced the addition of the "Natural Gas Vehicles" report to their offering.

Nissan Announces U.S. Pricing on 2010 cube(R)

Fri, 20 Nov 2009 14:00:27 GMT

PRNewswire - Nissan North America, Inc. (Other OTC: NSANF) (NNA) today announced pricing for the 2010 Nissan cubeÂ®, which is on sale now at Nissan dealers nationwide.

Honda Dealership Selects Save-a-Deal 2010 as CRM Software of Choice

Fri, 20 Nov 2009 13:30:21 GMT

PRNewswire - Automotive Software Designers, Inc., a leading provider of software and services for the automotive industry and a wholly owned subsidiary of Optical Systems, Inc. (Pink Sheets: OPSY) today announced that Allen Honda in central Texas has selected Save-a-Deal 2010 as its customer relationship management (CRM) software.

Volkswagen board approves Porsche takeover: firm

Fri, 20 Nov 2009 10:17:00 GMT

AFP - BERLIN (AFP) - Volkswagen, Europe's biggest carmaker, said on Friday that its supervisory board had cleared the way for its planned takeover of sportscar maker Porsche.

Volkswagen supervisory board moves closer to Porsche merger, approves contracts

Fri, 20 Nov 2009 09:24:00 GMT

The Canadian Press - FRANKFURT, Germany - German carmaker Volkswagen AG said Friday its supervisory board had approved certain agreement contracts for the planned merger with German sportscar builder Porsche, taking the companies one step closer to completing the deal.

Pricing Announced for 2010 Honda Crosstour

Thu, 19 Nov 2009 20:52:31 GMT

CNW Group - The all-new 2010 Honda Accord Crosstour is set to debut at Honda dealerships across Canada on November 24 with a manufacturer's suggested retail price (MSRP) of $34,900 for the EX-L two-wheel-drive model.

The 2010 Toyota FJ Cruiser delivers more power, less fuel: An upgraded engine and new technologies that continue to prove its off-roading heritage

Thu, 19 Nov 2009 20:09:45 GMT

CNW Group - The Toyota FJ Cruiser is the authentic SUV that masters rocks, streams, mud, sand, snow, ice and whatever else stands between you and adventure.

AutoNation Seattle and BECU to Give Away a 2010 Ford Fusion Hybrid Winner to Be Determined Saturday, November 21 at Live Event

Thu, 19 Nov 2009 17:23:39 GMT

PRNewswire - AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, and BECU, the largest credit union in Washington State and the fifth largest in the nation, today announced that it will be giving one lucky winner the keys to a brand new, 2010 Ford Fusion Hybrid this Saturday, November 21.

Merriman Curhan Ford Names Former Hewlett-Packard Senior Executive Duane Zitzner to its Advisory Board

Thu, 19 Nov 2009 14:00:36 GMT

PRNewswire - Merriman Curhan Ford Group, Inc. (Nasdaq: MERR) today announced that it has appointed Duane Zitzner as its eighth independent advisory board member.

Nissan Announces U.S. Pricing on 2010 370Z Coupe

Thu, 19 Nov 2009 13:00:32 GMT

PRNewswire - Nissan North America, Inc. (NNA) today announced pricing for the 2010 Nissan 370Z Coupe, which is on sale now at Nissan dealers nationwide.

Toyota Rolls SMSC MOST® Network Out In Four New Models

Thu, 19 Nov 2009 12:04:12 GMT

Business Wire - SMSC (NASDAQ: SMSC), a leading semiconductor company that provides Smart Mixed-Signal Connectivity™ solutions, today announced that its Media Oriented Systems Transport (MOST®) networking technology has been selected as part of the infotainment network for the Toyota Mark X, Sai hybrid sedan and Land Cruiser Prado as well as the Lexus LS luxury sedan.

Strike deadline looms for Chrysler supplier

Thu, 19 Nov 2009 12:02:14 GMT

CBC - Talks are continuing between officials and workers at an automotive production plant in Tecumseh, Ont., though under pressure of a looming strike deadline.

Ford E-News - Nov. 18, 2009

Wed, 18 Nov 2009 21:45:30 GMT

PRNewswire -

Boardwalk Ferrari Wins Dealership Championship at 2009 Ferrari World Finals

Wed, 18 Nov 2009 20:42:41 GMT

Business Wire - Boardwalk Ferrari, a division of the Boardwalk Auto Group, is proud to announce that its challenge team raced into first place at this year’s Ferrari World Finals for the North America Dealer Team Championship.

Strike deadline nears at Canada Chrysler supplier

Wed, 18 Nov 2009 20:42:00 GMT

Reuters - TORONTO (Reuters) - Workers at a Johnson Controls plant in Canada that makes parts for Chrysler minivans are poised to go on strike at the end of Friday if contract negotiations fail, but the union said it was hopeful a deal with the company would be reached.

Fiesta Movement Awards Voting Kicks Off; Ceremony, Tweetup Highlight Celebration

Wed, 18 Nov 2009 19:00:11 GMT

PRNewswire -

Fitch to Rate Chrysler Financial Auto Securitization Trust 2009-B; Presale Issued

Wed, 18 Nov 2009 17:06:24 GMT

Business Wire - Fitch Ratings expects to assign the following ratings to Chrysler Financial Auto Securitization Trust 2009-B:

Research and Markets: 2009 Plimsoll Analysis - BMW Car Dealers - A comprehensive profile of 72 companies operating in the UK market

Wed, 18 Nov 2009 15:19:46 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/08d744/2009_plimsoll_anal) has announced the addition of the "2009 Plimsoll Analysis - BMW Car Dealers - A comprehensive profile of 72 companies operating in the UK market" report to their offering.

2010 Mercedes-Benz Lineup Offering HD Radio(TM) Technology Available in Dealerships Now Newest Generation of CL, CLS, E-Class Coupe, E-Class, S-Class

Wed, 18 Nov 2009 14:00:59 GMT

PRNewswire - iBiquity Digital Corporation, the developer of digital HD Radio(TM) Technology for AM and FM audio and data broadcasting, today announced the expanded availability of factory-installed HD Radio(TM) Technology across 2010 Mercedes-Benz models equipped with the brand's premium feature packages.

AMSC Receives Second Wind Turbine Electrical Control Systems Order from Hyundai Heavy Industries

Wed, 18 Nov 2009 12:34:51 GMT

Business Wire - American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, today announced that it has received a follow-on order for 30 sets of electrical control systems from Hyundai Heavy Industries Co., Ltd. (Korean Stock Exchange: HHI) for its 1.65 megawatt (MW) wind turbines now in production in South Korea.

Ferrari Optimizes Thermal Comfort Using ANSYS

Wed, 18 Nov 2009 12:25:36 GMT

Business Wire - ANSYS, Inc. (NASDAQ: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that the Italian car manufacturer Ferrari — renowned all over the world for outstanding design, powerful engines and excellent driving performance — uses software from ANSYS to optimize automobile design and performance.

Japan's Mitsubishi UFJ announces huge share sale

Wed, 18 Nov 2009 11:06:00 GMT

AFP - TOKYO (AFP) - Japan's biggest bank Mitsubishi UFJ Financial announced plans Wednesday to raise billion of dollars from investors, joining a scramble by firms to boost finances ravaged the global financial crisis.

Former General Motors Engineering and Technology Campus to Sell Through Absolute Auction on Tuesday, December 15th at 11:00 EST

Wed, 18 Nov 2009 11:00:21 GMT

Business Wire - Williams & Williams (www.williamsauction.com), the premier brand in real estate auctions, announced that it is selling The Great Lakes Technology Center in Flint, Michigan through a global absolute without reserve auction on Tuesday, December 15th at 11:00 am EST.

KILL EventMover Transports New Nissan LEAF Zero Emission Electric Car on Nationwide Tour

Wed, 18 Nov 2009 02:51:34 GMT

Business Wire - EventMover requests that their press release NewsItemId: 20091117005525, entitled “EventMover Transports New Nissan LEAF Zero Emission Electric Car on Nationwide Tour” be killed.

Madoff yacht, boats and Mercedes-Benz convertible sold at Florida auction for big prices

Wed, 18 Nov 2009 02:40:00 GMT

The Canadian Press - FORT LAUDERDALE, Fla. - Disgraced financier Bernard Madoff's yacht "Bull", two smaller boats and a Mercedes-Benz convertible were sold at auction Tuesday for more than $1 million combined.

Mitsubishi Electric 3MW Solar Panels to Power Italy's Coop Logistic Center

Wed, 18 Nov 2009 02:02:37 GMT

Business Wire - Mitsubishi Electric Corporation (TOKYO:6503) announced today the completion of a 2,906-kilowatt (kW) photovoltaic (PV) installation for Coop's new CNNA-Prato logistic center in Prato, Italy.

Merriman Curhan Ford Acted as Lead Placement Agent in PolyMedix's $20.7 Million Equity Financing

Tue, 17 Nov 2009 21:25:54 GMT

PRNewswire - Merriman Curhan Ford Group, Inc. (Nasdaq: MERR) acted as lead placement agent in PolyMedix Inc.'s (OTC Bulletin Board: PYMX) $20.7 million registered public offering of 20.7 million units.

Fitch to Confirm Mississippi Taxable VR GOs (Nissan North America, Inc. Proj) 2003B at 'F1+'

Tue, 17 Nov 2009 20:42:24 GMT

Business Wire - Effective Nov. 18, 2009 Fitch Ratings will confirm the short-term component of 'AA/F1+' rating currently assigned to the $49,995,000 State of Mississippi taxable variable rate general obligation bonds (Nissan North America, Inc.

Ford Fusion Named 2010 MOTOR TREND Car of the Year

Tue, 17 Nov 2009 19:30:16 GMT

PRNewswire -

Shanghai General Motors Co., Ltd. Chooses Apriso for Quality Containment

Tue, 17 Nov 2009 16:02:07 GMT

Business Wire - Apriso®, a leading provider of manufacturing software solutions for sustained operations excellence, today announced Shanghai General Motors Co., Ltd. (SGM) has implemented Apriso’s FlexNet® for Quality Containment, as part of initiatives to improve tracking of materials across production, reduce the cost of quality and increase manufacturing efficiency.

EventMover Transports New Nissan LEAF Zero Emission Electric Car on Nationwide Tour

Tue, 17 Nov 2009 13:29:30 GMT

Business Wire - Nissan North America has contracted with EventMover, Inc. to transport the new Nissan LEAF zero-emission, all-electric car on its nationwide tour which began November 13 in Los Angeles.

Merriman Curhan Ford Announces Financial Results for Third Quarter Ended September 30, 2009 Core Business Demonstrated Significant Improvement in the

Mon, 16 Nov 2009 21:31:59 GMT

PRNewswire - Merriman Curhan Ford Group, Inc. (Nasdaq: MERR) today released earnings for the third quarter 2009.

Nissan Launches Scholarship Competition for University Students in Conjunction with Nissan LEAF Zero Emissions Tour Student Competition kicks off at

Mon, 16 Nov 2009 21:00:16 GMT

PRNewswire - Nissan today announced the launch of the Nissan LEAF Zero Emissions Student Competition, which allows university and college students to express how the Nissan LEAF has inspired their outlook towards a zero-emissions future.

GM promises Opel decision soon

Mon, 16 Nov 2009 20:16:48 GMT

CBC - General Motors Corp. promised Monday to make a decision on cutting costs at its European car-making operations within the next two weeks.

Dana, BASF, Ford Recognized for All-New Thermoplastic Oil Pan Durable product earns Society of Plastics Engineers Innovation Award

Mon, 16 Nov 2009 20:03:11 GMT

PRNewswire - Dana Holding Corporation (NYSE: DAN), BASF, and Ford Motor Company have earned the Society of Plastics Engineers (SPE) Automotive Innovation Award.

Edmunds.com Evaluates General Motors Post-Bankruptcy Performance

Mon, 16 Nov 2009 18:33:34 GMT

Business Wire - Edmunds.com, the premier online resource for automotive consumer information, has determined that shopper consideration and vehicle prices have risen for General Motors in the U.S. since the company declared bankruptcy in June of this year, and that typical profit per vehicle sale is essentially flat.