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Falling dollar to help auto industry govt  May 24th, 2013 

Australia's falling dollar provides powerful export assistance to the automotive industry, Trade Minister Craig Emerson says. Dr Emerson said the Australian dollar, which this month slipped below parity with the US dollar, has increased the competitiveness of Australian industry. He said Ford, unlike Holden which had identified production out to at least 2022, lacked an export strategy. ...  
 
 
Nissan recalls 800000 Micras over glitch in steering wheels  May 24th, 2013 

Nissan is recalling 133,000 Micras in Britain after the company discovered a glitch in the steering wheels of one of its models. Micras made in Sunderland between December 2002 and May 2006 are part of the global recall. According to the Mirror, the Japanese car giant said drivers affected should take their car to a dealer for the bolt to be tightened or the wheel replaced. Last month, Nissan ...  
 
 
European shares edge lower led by banks autos  May 24th, 2013 

LONDON | Fri May 24, 2013 5:44am EDT LONDON May 24 (Reuters) - European shares edged lower on Friday, led by auto and banking shares as investor sentiment remained shaky on concerns about a possible rolling back of U.S. monetary stimulus. The pan-European FTSEurofirst 300 index was down 0.4 percent at 1,225.26 points at 0941 GMT, with selling momentum accelerating as the index ...  
 
 
Blaze damages Ventura home 2 cars  May 24th, 2013 

The resident of the home near Appian Way was home with a dog and heard a noise in the garage, officials said. After discovering a fire in the garage, the resident notified authorities and got ...  
 
 
My Car One UAE Toyota Land Cruiser thats able to turn heads  May 24th, 2013 

Growing up in Yemen and spending most of his childhood seeing the 1979 Toyota Land Cruiser FJ40, Max Stanton admits he always wanted one. "The first time I ever went into one of these cars, I went to an island called Socotra, in Yemen. I must have been about 10 at the time. We flew there and there was no proper airplane. We were there for the first time ever and we needed a car to drive us ...  
 
 
Auto Factories Cutting Back on 2-Week Summer Down Periods  May 24th, 2013 

Workers assemble a 2011 Ford Explorer at Ford's Chicago Assembly Plant. Ford Motor Co. said Wednesday that 21 of its North American factories will shut for only one week this summer. (M. SPENCER GREEN | ...  
 
 
New car sales jump 13 in California  May 24th, 2013 

California new car sales jumped nearly 13 percent in the first quarter of this year, reaching the highest first-quarter total since 2008.The California New Car Dealers Association said vehicle sales hit 403,658 in the first quarter, a 12.6 percent improvement from a year earlier.The association said the sales increase in California surpassed the improvement on the national level. – Dale ...  
 
 
South Africa to help Nigerias auto industry a milestone in inter-African cooperation  May 24th, 2013 

The lack of economic diversification throughout sub-Saharan Africa may stymy South Africa’s pledges to help Nigeria industrialize. And making the automotive sector Nigeria’s flagship industrial target may not be so easy, experts ...  
 
 
Bridge Collapses In Wash. State People Cars In Water  May 24th, 2013 

The Interstate 5 bridge over the Skagit River at Mount Vernon, Wash., collapsed Thursday, leaving an unknown number of people and vehicles in the ...  
 
 
Holden and Toyota dismiss speculation that they will exit Australia  May 24th, 2013 

Holden and Toyota have recommitted to manufacturing cars in Australia, with Holden suggesting that more government support could be necessary. Holden ...  
 
 
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