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Asia Market Overview Of November 12 [Thu, Nov 12 2009]
Sydney, Nov 12, 2009 (ABN Newswire) - Asian share markets continue a winning streak on Thursday following the good leads from Wall Street. Japan's Nikkei stock index rose in early trade as exporters were lifted by confidence in global recovery. Korean central bank decided to keep rates unchanged ...

Motors Liquidation Co. To Continue Sales Process For Facility In ... [Mon, Nov 09 2009]
Bank of America Merrill Lynch Retained as Financial Advisor DETROIT, Nov. 9 /PRNewswire-Asia/ -- Motors Liquidation Co. (MLC), formerly known as General Motors Corp., announced today it intends to continue with the sale process of its powertrain manufacturing and engineering facility in ...

GfK Asia Newest Report: Top 3 Passenger Car Engine Oil Brands Make Up ... [Thu, Oct 22 2009]
GfK Malaysia first ever retail audit of passenger car engine oils in August 09 reported close to 3,820,000 liters of car engine oil traded at retail level, with sales worth more than RM 75 million KUALA LUMPUR, Malaysia, Oct. 22 /PRNewswire-Asia/ -- GfK Asia releases the first ever retail ...

Every Kilogram Counts -- Johnson Controls Breaks New Ground In ... [Thu, Sep 17 2009]
FRANKFURT, Germany, Sept. 17 /PRNewswire-Asia/ -- Comprehensive system capability is the basis for innovative contributions to lightweight vehicle construction by Johnson Controls, one of the world's leading suppliers of automotive interior systems, electronics and batteries. To achieve ...

Corning Helps China To Become Greener [Mon, Sep 14 2009]
Company Offers Technology Solutions in Three Sectors SHANGHAI, Sept. 14 /PRNewswire-Asia/ -- Corning Incorporated (NYSE: GLW) announced on September 11 that it has become a corporate partner of the China Greentech Initiative (CGTI), contributing to green industry opportunities, including ...

Hyundai (SEO:005380) May Build Its Third Plant In China Next Year [Wed, Sep 09 2009]
Beijing, Sep 9, 2009 (ABN Newswire) - South Korea's Hyundai Motor (SEO:005380) and its China partner will start building their third plant in China early next year to catch up with the sales growing pace in this market.In August, China's auto sales usually slip about 20% in the period. But this ...

A Korean Fund May Buy 51% Stake In Ssangyong (SEO:003620) [Wed, Sep 02 2009]
Seoul, Sep 2, 2009 (ABN Newswire) - A Korean private equity fund has proposed to purchase 51 per cent stake in carmaker Ssangyong Motor (SEO:003620) for KRW300 billion-KRW400 billion, said a Korean media.The local fund Seoul Invest was looking for investors for the planned acquisition, which would ...

Road To China's West [Mon, Aug 31 2009]
The 12th Chengdu Motor Show to Kick off in September CHENGDU, China, Sept. 1 /PRNewswire-Asia/ -- As the largest and most influential exhibition of its kind in western China, the 12th Chengdu Motor Show (CDMS 2009) will have its grand opening ceremony at the New International Convention & ...

Automotive Technology Group Limited (ASX:ATJ) Enters Into A Placement ... [Thu, Aug 27 2009]
Perth, Aug 27, 2009 (ABN Newswire) - Automotive Technology Group Limited (ASX:ATJ) is pleased to announce it has entered into a Placement and Underwriting Agreement with an independent party to raise up to A$6,255,988. The Underwriting relates to an Entitlement Offer of a one for one ...

Australian Market Report Of August 19: Rebound On Favourable Earnings [Wed, Aug 19 2009]
Sydney, Aug 19, 2009 (ABN Newswire) - US stocks ended the day higher overnight after a sharp slump in the previous trading session. The rebound was helped by better-than-expected earnings from retailers such as Dow component Home Depot. The Australian market yesterday closed slightly lower ...

Kia Motors (SEO:000270) Q2 Net Profit Quadrupled [Wed, Aug 12 2009]
Seoul, Aug 12, 2009 (ABN Newswire) - Kia Motors (SEO:000270), South Korea's second-largest automaker, said second-quarter net profit more than quadrupled as weakness in the local currency boosted sales revenue. Net profit for the three months ended June 30 soared to KRW347.09 billion from KRW85.96 ...

Malaysian Brand Tires Defends Global Brands Competition Well, Taking ... [Tue, Aug 11 2009]
GfK Malaysia retail audit of passenger car tires sold through in June 09 surpass 270,000 units worth more than USD 18 million, local Malaysian brands taking 27% unit share SINGAPORE, Aug. 11 /PRNewswire-Asia/ -- GfK Malaysia, a subsidiary of GfK Asia, releases June 09 measurement of ...

Australian Market Report Of August 6: Awaiting Reporting Season Of ... [Thu, Aug 06 2009]
Sydney, Aug 6, 2009 (ABN Newswire) - US Stocks declined on Wednesday on a weak sales outlook from P & G and concerns over the service and labour sectors. Economic data showed an unexpected fall in activity in the service sector and larger-than-expected losses of private sector jobs. Financials ...

Daimler's (ETR:DAI) Businesses Continue To Grow In China [Wed, Jul 29 2009]
Beijing, July 29, 2009 (ABN Newswire) - Daimler's (ETR:DAI) regional headquarters, Daimler Northeast Asia (DNEA) is managing record passenger car sales and vehicle financing, while continuing to expand joint venture activities."As the economy and middle class in China continue to expand, more ...

Australian Market Report Of July 23: Time To Lock In Profits [Thu, Jul 23 2009]
Sydney, July 23, 2009 (ABN Newswire) - Wall Street finished mixed overnight. Dow and S&P 500 indices ended their rising streak while Nasdaq posted its 11th straight rise led by Apple and Yahoo. Investors started to lock in their profits from a series of rallies driven by earnings ...

ArvinMeritor Signs Strategic Partnership With Yutong Group Co., Ltd. ... [Tue, Jul 21 2009]
SHANGHAI, July 21 /PRNewswire-Asia/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today that it has signed a strategic partnership with Yutong Group Co., Ltd. to supply drivetrain components for buses and coaches in China. "We are proud to partner with Yutong, the largest producer of ...

Automotive Technology Group Limited (ASX:ATJ) Secures Funding ... [Fri, Jun 26 2009]
Perth, June 26, 2009 (ABN Newswire) - Automotive Technology Group Limited (ASX:ATJ) advises that it has secured a funding arrangement for A$5.5m through a 12 month Convertible Note at 10% per annum interest complete with an option of extending for a further 12 months at the discretion of the ...

Australian Market Report Of June 16: Lower US Stocks And Commodities ... [Tue, Jun 16 2009]
Sydney, June 16, 2009 (ABN Newswire) - Wall Street stocks tumbled overnight after data in the manufacturing and housing sectors showed that factory activity in the New York area continued to decline in June - falling at a modestly faster pace than it had in May. Meanwhile, a survey of home ...

Gooding & Company Announces Sale Of 1938 Bugatti, Formerly The ... [Tue, Jun 09 2009]
SANTA MONICA, Calif., June 9 /PRNewswire-Asia/ -- Gooding & Company is thrilled to announce the sale of an important piece of Bugatti history -- the 1938 Bugatti Type 57C Coupe without reserve. "This year's Pebble Beach Concours d'Elegance will be honoring the Bugatti marque and ...

Automotive Battery Industry Growing, Germany A Key Driver [Fri, Jun 05 2009]
BERLIN, June 5 /PRNewswire-Asia/ -- The automotive battery industry is growing at a rapid rate despite the economic crisis. The increased focus on hybrid and electric vehicles has led to battery innovation and market growth. With heavy investment in research and development, Germany is ...

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