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INDIA'S AMTEK AUTO MAY LOSE $18 MLN DUE TO CURRENCY TURBULENCE (Asia Pulse via Yahoo!7 Finance)

Banking / finance Automotive components manufacturer Amtek Auto Ltd (BSE:520077) on Friday said it may suffer losses up to US$18 million in the next two years due to volatility in the global currency market.

Car makers lack subsidies (Adelaide Now)

AUSTRALIAN-based car manufacturers have fewer subsidies and less protection than others overseas and face more difficulties exporting to Asia, two new papers will reveal today.

US car companies go back to black (The New Zealand Herald)

DETROIT - Henry Ford, who created the automotive industry's first mass-market hit with the Model T a century ago, was a proponent of radical simplicity.

Three candidates drop out of races (The Celina Record)

Ralph O’Dell, David Kinsey and Scott Shuppert have decided to drop out of the city council races. Only one council seat race and the mayor’s race are being contended.

Volunteers uses computers to give names to the dead (USA Today)

Four days a week Todd Matthews earns $11.50 an hour working for an automotive parts supplier. He punches in at 4:15 a.m., punches out nearly 11 hours later, then drives half a mile to his little beige house on a hill where, in the distance, he can glimpse the Appalachian mountains.

Extensive Analysis of the Japanese Bus Market for 2008

DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c87035)

CapOne bonds placed on MARC Watch Negative (The Star)

KUALA LUMPUR: CapOne Bhd’s bonds have been placed by Malaysia Rating Corp Bhd (MARC) on MARC Watch Negative following a missed interest payment by an obligor belonging to the automotive industry.

Oak Cliff Sees Another Suspicious Car Fire (NBC 5 Dallas Fort Worth)

Investigators say another car was burned in Oak Cliff.

Teenagers die in sports car birthday gift (Daily Telegraph)

TWO teenage girls were killed in a crash in a sports car given as an 18th birthday present.

AT&T Collaboration Gifts Clemson $2.4 Million (Local Tech Wire)

Posted: Today at 2:24 p.m. CLEMSON, S.C. — A $2.4 million bankroll is at the center of a collaboration between AT&T Inc. (NYSE: T ) and Clemson University will further automotive engineering at the university's International Center for Automotive Research (CU-ICAR).



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