LONDON (SHARECAST) - GKN is among the stocks dragging the automobiles and parts sector into the red, ahead of the engineering firm’s trading update Wednesday. Reports say the company, which supplies components for planes and cars, will announce job losses.
The Japanese car and parts can be bought very cheaply.
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Archive for January, 2009
Sector movers: Car stocks fall ahead of GKN update (ShareCast)




(No Ratings Yet)Schaeffler Under Pressure to Cut Debt After Victory (Update2) (Bloomberg)




(No Ratings Yet)Jan. 26 (Bloomberg) — Schaeffler Group’s success in winning control of Continental AG’s board leaves the company with what may be an even tougher challenge: making the 12.1 billion-euro ($15.6 billion) combination with Europe’s second- largest car-parts maker work.
The Japanese car and parts can be bought very cheaply.
Japan Car and Parts Export ServiceRead full story
Board chairman at Germany\’s Continental AG car parts maker steps down (Minneapolis-St. Paul Star Tribune)




(No Ratings Yet)BERLIN - Tire and auto parts-maker Continental AG announced Saturday that its board chairman was stepping down. Schaeffler Group KG, a maker of ball bearings and Continental\’s new owner, had asked that Hubertus von Gruenberg vacate his seat.
The Japanese car and parts can be bought very cheaply.
Japan Car and Parts Export ServiceRead full story
Sector movers: Car stocks fall ahead of GKN update (ShareCast via Yahoo! UK & Ireland Finance)




(No Ratings Yet)GKN is among the stocks dragging the automobiles and parts sector into the red, ahead of the engineering firm\’s trading update Wednesday. Reports say the company, which supplies components for planes and cars, will announce job losses.
The Japanese car and parts can be bought very cheaply.
Japan Car and Parts Export ServiceRead full story
Auto parts industry asks for government handout (Calcutta News)




(No Ratings Yet)The automotive parts supply sector has been brought down by a sharp drop in US car production.
The Japanese car and parts can be bought very cheaply.
Japan Car and Parts Export ServiceRead full story
The £3.3bn (€3.5bn) UK retirement plan for TRW Automotive, a US car parts manufacturer, is proposing to close to new … (eFinancial News)




(No Ratings Yet)The £3.3bn (€3.5bn) UK retirement plan for TRW Automotive, a US car parts manufacturer, is proposing to close to new members as the financial crisis puts pension cutbacks high on companies’ agendas.
The Japanese car and parts can be bought very cheaply.
Japan Car and Parts Export ServiceRead full story
Suppliers of car parts to seek $10bn rescue (Financial Times)




(No Ratings Yet)The automotive parts supply sector, laid low by the sharp drop in car production in the US, is to request at least $10bn (£7.2bn) of federal bail-out funds from America\’s troubled asset relief programme (Tarp).
The Japanese car and parts can be bought very cheaply.
Japan Car and Parts Export ServiceRead full story
Car parts sector looks for $10bn US bail-out (Financial Times)




(No Ratings Yet)The automotive parts supply sector, laid low by the sharp drop in car production in the US, is to request at least $10bn of federal bail-out funds from the troubled asset relief programme.
The Japanese car and parts can be bought very cheaply.
Japan Car and Parts Export ServiceRead full story
What Crisis? Collector Car Prices Soften, but Don?t Crash (New York Times)




(No Ratings Yet)All things considered, the collectible car market showed resilience at sales in Scottsdale, Ariz.; a long-predicted free fall in prices didn?t occur.
The Japanese car and parts can be bought very cheaply.
Japan Car and Parts Export ServiceRead full story
As Parts Of Credit Market Heal, Crisis Deepens (NPR)




(No Ratings Yet)President Obama and his new economic team have inherited a financial system in serious trouble. A number of major banks have watched their stocks plummet, with many on the verge of collapse. But at the same time, parts of the credit markets are healing, with easier borrowing.
The Japanese car and parts can be bought very [...]
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