General Motors to increase factory output in response to increasing demand for vehiclesSeptember 22nd, 2009 General Motors to announce production increaseDETROIT — A person briefed on General Motors Co.'s plans says the automaker will announce a significant increase in factory output on Tuesday. GM spokesman Chris Lee would not comment but says the company will hold a conference call with manufacturing head Tim Lee and sales chief Mark LaNeve on Tuesday afternoon.
Total expects oil production to rebound in 2010 after OPEC cuts weigh on 2009 outputSeptember 16th, 2009 Total sees oil production rebound in 2010PARIS — Total SA expects its oil production to rebound in 2010 after cuts by OPEC and falling demand caused by the global recession weighed on its output this year, the company said Wednesday. The forecast was included in slides on the French oil giant's Web site ahead of a presentation to analysts later in the day.
Finance minister says Canada will run deficits until at least 2015, 2 years longer than seenSeptember 10th, 2009 Canada to run deficit until at least 2015VICTORIA, British Columbia — Canada's finance minister says the government will run deficits for two years longer than originally forecast, and the country will be in the red at least until 2015. Finance Minister Jim Flaherty says the deficit for this year will be over $4.6 billion more than originally thought, moving up to a projected $51.9 billion from $46.5 billion
Flaherty told an audience in Victoria on Thursday that Canada is showing signs of a fragile economic recovery, but returning to balanced budgets will not be easy.
Audi to assemble its sports utility vehicles in IndiaSeptember 3rd, 2009 NEW DELHI - German luxury car manufacturer Audi AG Thursday said it would start assembling its sports utility vehicle (SUV) Q5 at its Aurangabad plant in Maharashtra from next March. "We will start local assembling of our SUV Q5 at the Aurangabad plant.
AP Source: Chrysler Aug. sales down 15 percent on shortages of some fuel-efficient modelsSeptember 1st, 2009 AP Source: Chrysler sales fall 15 percent in Aug.NEW YORK — A person familiar with the matter says Chrysler Group LLC posted a 15 percent drop in U.S. sales in August due to shortages of some smaller vehicles.
GM factories that will see production increasesAugust 18th, 2009 GM factories that will see production increasesGeneral Motors Co. on Tuesday announced that it is boosting production by 60,000 vehicles in the third and fourth quarters as sales rise due to the Cash for Clunkers incentives and a recovery in the U.S.
General Motors set to make 60,000 more vehicles, partly due to Cash for Clunkers demandAugust 18th, 2009 GM to add 60,000 vehicles to its productionDETROIT — General Motors Co. says it will add 60,000 vehicles to its production in the third and fourth quarters, spurred partly by demand from the government's Cash for Clunkers program.
Production increases at carmakers nationwideAugust 13th, 2009 Production increases at carmakers nationwideFord Motor Co. said Thursday it is raising production of its Focus small car and Escape crossover to meet higher demand.
Japanese first-half auto production drops on-year for first time in 8 yearsJuly 30th, 2009 Japan first-half auto production plunges on yearTOKYO — Production at Japan's automakers plunged 45 percent in the first half, marking the first such fall in eight years, an industry group said Thursday. Japanese auto production totaled 3.32 million vehicles for the January-June period, the Japan Automobile Manufacturers Association said.
BRT needs better planning in India, say expertsJuly 25th, 2009 NEW DELHI - For the bus rapid transport (BRT) system to be effective in tackling congestion in Indian cities, emphasis must be laid on how the system operates rather than just design and planning, experts said here Saturday. The main constraints of the BRT in India is that the investment and planning focuses on infrastructure and design rather than operational plans, said O.P.
Belden to cease production at Leominster, Mass., facility, eliminating 170 jobs by July 2010July 21st, 2009 Belden to shut down Mass. plant; 170 jobs affectedST.
Japan auto production falls in May for 8th straight month of declinesJune 29th, 2009 Japan auto production falls for 8th straight monthTOKYO — Japan's auto production fell for the eighth straight month in May, plummeting 41.4 percent from a year earlier, as the nation's top industry continued to be hammered by the global slowdown. Japan produced 542,282 vehicles in May, the Japan Automobile Manufacturers Association said Monday in a monthly report.
India plans to spread CNG network to 200 cities by 2015June 27th, 2009 NEW DELHI - Cooking gas connections for 75 percent of the population, CNG network expansion to 200 cities, SMS booking for gas cylinders and biometric cards for kerosene users are some of the elements of the petroleum ministry's vision paper for 2015. The document, Vision-2015 for Consumer Satisfaction and Beyond", was finalised Friday night at a conclave of chief executives of public sector oil companies in Goa.
Japan's automakers extend deep production slump in MarchApril 23rd, 2009 Japan automakers extend output slump in MarchTOKYO — Japan's top automakers reported deep production declines in March as the unprecedented collapse in global demand maintained its painful grip on one of the country's key industries. Toyota Motor Corp., the world's biggest automaker, said its worldwide production slid 46 percent in March from a year earlier to 472,036 vehicles as overseas demand plunged by more than two-thirds.
Mahindra opens defence vehicle plant in HaryanaMarch 18th, 2009 NEW DELHI - Auto major Mahindra and Mahindra (M&M) Tuesday inaugurated a defence-vehicle manufacturing plant in Haryana's Prithla region. The Rs.400-million (Rs.40-crore) facility is expected to roll out 200 vehicles by year-end.
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