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Automotive Business Blog

Automotive Business Blog

http://just-auto.com/blogs.asp

An often witty personal view of the global automotive industry from one of its leading journalists

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  • GERMANY: Audi buys stake in Bavarian football club

    Posted on Friday November 27th, 2009 at 11:13

    Audi has bought a 9.09% stake in the Bayern Munich football club in a deal worth EUR90m (US$135.8m), the club announced....

  • THE WEEK THAT WAS: More GM machinations

    Posted on Friday November 27th, 2009 at 10:40

    Another week, another round of General Motors-related machinations. This week they included Saab and the likely demise thereof....

  • FRANCE: Russian support triples for Avtovaz restructure

    Posted on Friday November 27th, 2009 at 09:41

    Renault, Russian Technologies and Troika Dialog have reached agreement on Avtovaz restructuring measures that will enable the Togliatti plant to produce 900,000 vehicles per year by 2015, allow Avtovaz to maintain its market share in Russia at 25% an...

  • FRANCE: PSA sees \'difficult\' sales in 2010

    Posted on Friday November 27th, 2009 at 09:22

    PSA Peugeot Citroen expects a difficult year for overall sales in 2010, although its chief executive reiterated expectations for a return to break even on an operating level in the second half of 2009, and positive free cash flow for the full year....

  • US: \'Backlog\' of work sharply down at JCI

    Posted on Friday November 27th, 2009 at 09:01

    In a filing to the US SEC confirming its fourth quarter results (period ended September 30), Johnson Controls revealed that its automotive division has US$2.5bn of backlog business to be executed within the next three fiscal years....

  • US: Autos ad spending forecast to rise

    Posted on Friday November 27th, 2009 at 08:34

    According to research from Borrell Associates - a research firm that tracks local advertising - US auto manufacturers will increase their online local ad spending by 14% in 2010, while new- and used-car dealers will increase their ad spend online by ...

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