Monday, November 27, 2006

Automotive News

Norsk Hydro sells automotive castings ops; capital gain around 900 mln nkr
Sharewatch Mon, 27 Nov 2006 7:23 AM PST
It agreed to sell its European automotive castings business to the Mexican group Nemak, while its 49.99 pct stake in the Mexican castings plant, Castech SA de CV, will be sold to the joint venture partner Grupo Industrial Saltillo.
Trelleborg to spend 875 mln skr restructuring automotive ops UPDATE
Sharewatch Mon, 27 Nov 2006 6:54 AM PST
STOCKHOLM (AFX) - Trelleborg AB said it is restructuring its automotive division at a cost of 875 mln skr before tax and 700 mln skr after tax. The positive earnings effect of the measures is calculated at 175 mln skr before tax and 115 mln skr after tax, once fully implemented.

Chevron’s Lubricants U Offers Courses on Automotive and Industrial Greases
TruckingInfo.com Mon, 27 Nov 2006 0:20 AM PST
11/27/2006 Chevron’s Lubricants University, an educational web site, is introducing two new courses, “Automotive Grease” and “Industrial Grease,” as part of its course catalog.

Automotive Hall of Fame Announces 2007 Distinguished Service Citation Recipients, 2006 Industry Leader
PR Newswire via Yahoo! Finance Mon, 27 Nov 2006 8:28 AM PST
The Automotive Hall of Fame has announced its 2007 Distinguished Service Citation Recipients.

Windshield, Body Screens, and Rear Screen Are the Major Product Segments Analyzed inside the 2006 Report on Automotive
Business Wire via Yahoo! Finance Mon, 27 Nov 2006 5:45 AM PST
DUBLIN, Ireland----Research and Markets has announced the addition of Automotive Glass - Global Strategic Business Report to their offering.

Trelleborg Initiates Action Program within Automotive
Business Wire via Yahoo! Finance Mon, 27 Nov 2006 6:13 AM PST
STOCKHOLM, Sweden----The strategic and operational review announced by Trelleborg for the Automotive business area has resulted in an action program, of which the first step was announced today during Trelleborg's Capital Markets Day in Stockholm.

Nigeria: Automotive Conference Begins in Abuja
AllAfrica.com Mon, 27 Nov 2006 7:20 AM PST
A conference to discuss strategies on how to solve the protracted problems of the automobile sector of the Nigerian economy commenced yesterday in Abuja.

Norsk Hydro to Sell Auto Castings Unit
AP via Yahoo! Finance Mon, 27 Nov 2006 7:54 AM PST
Norway's Norsk Hydro ASA said Monday it agreed to sell its automotive casting businesses to Mexico's Nemak group and Grupo Industrial Saltillo S.A.B de CV for a total 3.7 billion kroner .

Norsk Hydro to sell auto castings unit
Boston Globe Mon, 27 Nov 2006 8:39 AM PST
Norway's Norsk Hydro ASA said Monday it agreed to sell its automotive casting businesses to Mexico's Nemak group and Grupo Industrial Saltillo S.A.B de CV for a total 3.7 billion kroner (US$587 million; euro446 million).

Identifix Releases Supercharged Search(TM): a Highly Tuned Web-Based Automotive Search Engine for Technicians
Business Wire via Yahoo! Finance Mon, 27 Nov 2006 7:00 AM PST
ST. PAUL, Minn.----Identifix, one of the nation's premier sources of online diagnostic and fix information, today announced the launch of a powerful new search engine called Supercharged Search on its award winning website, Direct-Hit.

No comments: