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Globaline
AMT compiles information and data on your customers and competitors. Covering North America, Central & South America, Asia and Europe, Globaline keeps you informed of the latest developments and future trends that impact capital spending plans in the automotive, aerospace, household appliance, medical equipment, construction/agriculture, and metalworking industries. Available only to AMT members.
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AUTOS; Ford is rolling out a risky strategy; The firm is tying up billions of dollars in future products even as sales tank.
Published: 11/19/08 Publication: Los Angeles Times
The U.S. auto industry might be in crisis and Big Three executives might be appealing to Congress for a $25-billion bailout, but judging by Ford Motor Co.'s plans for this week's L.A. Auto Show, Detroit's No. 2 carmaker seems to be feeling just swell. Even as General Motors Corp. and Chrysler have scrapped plans to introduce any vehicles at the L.A. event, Ford is unveiling no fewer than six: the Ford Fusion, Fusion hybrid, Mercury Milan, Milan hybrid, Lincoln MKZ and the 2010 Mustang. That's a big number of introductions for any show, even in a good year for auto companies, which 2008 most decidedly is not: Ford's sales are down 18.2% through October, worse than the industry as a whole, compared with last year.
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Oshkosh plans Chinese factory to manufacture JLG equipment
Published: 11/19/08 Publication: Public Opinion (Chambersburg, Pennsylvania)
Oshkosh Corp. broke ground Tuesday for a new plant in Tianjin, China, that will manufacture JLG equipment. This is the first China-based manufacturing facility for Oshkosh Corp., Chairman and CEO Robert G. Bohn said Tuesday. He said the access equipment is designed for the Asian market and the Tianjin facility will improve delivery turnaround times for JLG aerial work platforms.
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Ford hybrids tell Toyota: Catch me if you can; New models take on the master
Published: 11/19/08 Publication: USA TODAY
LOS ANGELES -- Ford Motor will announce today that it plans to beat Toyota at its own game when it comes to hybrids. It's the latest example of U.S. automakers trying to "out-hybrid" Japanese brands that had a head start with the gas savers. Also today, South Korea's Hyundai is expected to announce that in two years it will market its first U.S. hybrids. They will use a revolutionary lithium polymer battery that the company boasts will hold 20 times the charge in half the size of rivals' present hybrid batteries.
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If Big 3 fail, gap will be filled - eventually
Published: 11/18/08 Publication: The International Herald Tribune
The failure of one or more of the Big Three automakers would put a huge initial dent in U.S. manufacturing, but in time, car companies from overseas would pick up the slack by stepping up production in their U.S. plants, many industry experts and economists say. Whether Washington should let that play out - risking hundreds of thousands of U.S. jobs - is a central question Congress will weigh this week as it hears testimony from Detroit leaders who are pushing for immediate government intervention, before the next administration takes over in January. ''Barack Obama has made it clear he understands the importance of the industry,'' Ron Gettelfinger, head of the United Automobile Workers union, said in an interview Friday, raising the prospect of a General Motors bankruptcy. ''The question is, do we get that far? At this juncture, we are in a crisis that could have a major negative impact on this country.'' But many industry experts say the big foreign makers are established enough to
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WALES: Deluxe Airbus for Swiss airline
Published: 11/18/08 Publication: Daily Post (Liverpool)
SWISS executive airline Comlux has ordered a second A320 for its VVIP operation becoming the largest operator of the Airbus Corporate Jet.
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Chery Signs Vehicle Assembly Deal in Thailand
Published: 11/18/08 Publication: Global Insight
China's largest home-grown vehicle manufacturer, Chery Automobile, has signed a co-operation agreement with Thai company Thai Chery Yarnyon to assemble its vehicles in Thailand, reports the Bangkok Post. Capacity will initially be 5,000 units per annum (upa) and will include vehicles such as the Chery QQ compact car and the Chery Tiggo sport utility vehicle (SUV). Output is aimed at both the domestic and other South-East Asian markets.
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Chinese Carmakers Explore Pakistan
Published: 11/18/08 Publication: Asia Pacific Automotive Insights
A delegation representing Chinese carmakers has visited Pakistan to study the possibility of setting up local production operations. According to local press reports, the Chinese group is looking to establish a plant to produce cars that will be sold at a lower price compared to other models in their segment. King Ping, Chairman of the Chinese Mini Car Manufacturing Company, added that 1,000 cars will initially be shipped to Pakistan and local production will begin at a rate of 1,000 cars per month. For his part, the Pakistani Minister of State for Industries and Production, Ayatullah Durrani, has promised security, cheap land and a tax free zone in the Gwadar industrial zone to any companies setting up production activities.
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Pileup foreseen if Big 3 crash; Detroit's fortunes steer thousands of suppliers nationally. One report puts 2.5 million jobs at risk if a carmaker fails.
Published: 11/17/08 Publication: Los Angeles Times
Ford Motor Co.'s F-150 pickup is the top-selling vehicle in America with more than 436,000 purchased through October. But when people stop buying the F-150 -- and 26% fewer have been sold this year than last -- it's not just Ford and its workers that suffer. Falling sales dry up orders for antifreeze made in Illinois by a division of Honeywell International Inc., computer sensors manufactured by Germany's Robert Bosch Gmbh in South Carolina and a hood latch part made by the 110 or so employees of Amanda Bent Bolt Co. of Logan, Ohio. All told, each truck contains 4,350 parts, made by 270 suppliers in 26 states as well as several foreign countries. Every F-150 that doesn't sell hits literally hundreds of thousands of people who play a role in putting the big machine on the road.
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Toyota-GM JV to cut production
Published: 11/17/08 Publication: The Daily Yomiuri(Tokyo)
New United Motor Manufacturing Inc. (NUMMI), a Toyota Motor Corp. and General Motors Corp. joint venture, likely will reduce the operation hours of some production lines at a California factory in January, according to sources.
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Austal secures $185USm US Navy contract
Published: 11/14/08 Publication: Daily Business Alerts (Australia)
Austal has secured the lucrative contract for the US Navy and Army's Joint High Speed Vessel (JHSV) program. The Henderson-based ship builder will design and construct the first 103-metre joint-use high speed support vessel valued at $185US,433,564 with options for 9 additional vessels expected to be exercised between FY09 and FY13.
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LUMINOUS TELEINFRA TO SET UP RS 1.50 BN PLANT IN HP
Published: 11/14/08 Publication: Asia Pulse
Luminous Teleinfra, a SAR Group subsidiary, today said it is setting up a manufacturing facility in Himachal Pradesh with an investment of Rs 1.50 billion ($30US.7 million) for producing telecom batteries, power management units and conversion devices.
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Air New Zealand and Boeing Announce Date Of Biofuels Test Flight
Published: 11/13/08 Publication: Space Daily
Air New Zealand and Boeing have announced Dec. 3 as the date for the airline's sustainable biofuels flight from Auckland using a 747-400 jetliner. Conducted in partnership with Rolls-Royce and UOP, a Honeywell company, one of the airplane's four Rolls-Royce RB211 engines will be powered in part using advanced generation biofuels derived from jatropha. Air New Zealand now becomes the first airline to use a commercially viable biofuel sourced using sustainability best practices.
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Force Motors puts off production from JV bus unit indefinitely
Published: 11/13/08 Publication: MINT
Following a slump in commercial vehicle sales, bus and truck maker Force Motors Ltd has postponed indefinitely its bus manufacturing joint venture with Europe?s third largest truck and bus manufacturer, Germany?s MAN Nutzfahrzeuge AG.
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WALES: More Airbus planes for Middle East
Published: 11/13/08 Publication: Daily Post (Liverpool)
AIRBUS has chalked up another order for its best-selling A320 aircraft from the largest low-cost carrier in the Middle East and North Africa. Air Arabia - based in Sharjah, the third largest emirate of the United Arab Emirates - has signed a firm contract for an additional 10 of the jets, following on from an order for 34 placed at the end of last year. Wings for the aircraft will be made at Airbus' Broughton plant in north east Wales. The 10 jets are worth around pounds 370 million but the airline may have negotiated a discount.
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ACM wins B777 elevator, rudder core deal
Published: 11/12/08 Publication: New Straits Times (Malaysia)
ASIAN Composite Manufacturing Sdn Bhd (ACM), a strategic alliance between Sime Darby Bhd, Naluri Bhd, The Boeing Co and Hexcel Corp, has won a contract to provide the elevator and rudder-machined honeycomb core for Boeing 777s.
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Carmakers told to rev up efforts to go electric
Published: 11/11/08 Publication: South China Morning Post
The National Development and Reform Commission has urged the mainland's major carmakers to co-operate in making electric cars, while suggesting "incapable" carmakers leave the industry.
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Delphi to Invest in New Indian Electronics Facility
Published: 11/11/08 Publication: Global Insight
Delphi Corporation has announced that it will invest in a new production location in India, reportsBusiness Line. The U.S.-based component supplier will set up a facility in Oragadam, Tamil Nadu, to be opened at the end of 2009, and into which it will invest around 2.5 billion rupees ($52US.4 million) over the next five years. The company revealed that it will manufacture vehicle immobilisers, electronic control units, instrument clusters, and driver information systems in the first stage, then followed by safety and entertainment products later on.
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CAE awarded military contracts valued at more than $55C million
Published: 11/11/08 Publication: Canadian Corporate Newswire
MONTREAL, QUEBEC--(Marketwire - Nov. 11, 2008) - CAE (NYSE:CGT)(TSX:CAE) today announced a series of military contracts valued at more than $55C million. The contracts are with the United Kingdom's Ministry of Defence, German defence procurement agency, Eurofighter Simulation Systems, Lockheed Martin, and other military customers. The contracts are part of CAE's second quarter order intake.
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Russian Passenger Car Production Rises 20% in January-September
Published: 11/11/08 Publication: Global Insight
Russian passenger car production rose by 20.1% year-on-year (y/y) to 1.127 million units in January-September, according to data released by the Industry and Trade Ministry. The increase was attributed to higher production from foreign carmakers, which have been investing heavily in expanding Russian production capacity in recent years. Production of foreign-branded passenger cars rose by 40.4% y/y during the period as a result to 454,000 units. Companies operating under industrial assembly agreements produced 277,800 cars in the period, or 24.7% of total output. Industrial assembly agreements eliminate or substantially reduce import duties on foreign automotive components.
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