The Carlovers Magazine

---

• 2011 Honda Odyssey update on sale in Australia
• Quake-Related Lost Output Could Total 5 Million Vehicles
• Parts Shortages Could Idle Ford’s Asia Plants
• Oil Prices Drops Below $110 per Barrel
• Renault’s Pelata Resigns Over Espionage Probe
• Chrysler Aims to Repay Government Loans by June
• Renault Restructures to Avoid Another Scandal
• Renault’s Pelata Resigns Over Espionage Probe
• Renault’s Pelata Resigns Over Espionage Probe
• Spyker May Sell, Lease Back Some Assets

2011 Honda Odyssey update on sale in Australia Posted: The Honda Odyssey people mover has been updated for the 2011 model year with interior tweaks and added technology among the highlights. Certain to please many prospective 2011 Honda Odyssey customers is addition of the metallic silver trim, which replaces the dated wood-grain of last year's model. The entry-level Odyssey is now equipped with Bluetooth [...] Original article from: Australian Car Advice - Australia's largest independent Auto site. 2011 Honda Odyssey update on sale in Australia

Quake-Related Lost Output Could Total 5 Million Vehicles Posted: Automakers could produce 5 million fewer vehicles worldwide this year than planned because of parts shortages stemming from Japan's March 11 earthquake and tsunami, The Wall Street Journal reports. The newspaper cites IHS Automotive Inc., which also told clients yesterday that carmakers will boost production dramatically in the latter part of [...]

Parts Shortages Could Idle Ford’s Asia Plants Posted: Ford Motor Co. says shortages of parts made in Japan could reduce or suspend production in the Asia-Pacific region, including joint ventures, from the last week of April through May. The company tells the U.S. Securities and Exchange Commission that it is seeking new sources of at-risk parts. Ford has Asia-Pacific [...]

Oil Prices Drops Below $110 per Barrel Posted: Crude oil futures sank $2.87 per barrel, or 2.5%, yesterday on the New York Mercantile Exchange from Friday's 30-month high to settle at $109.92. Part of the gain in crude prices last week was caused by the weakening dollar as the U.S. government appeared to be headed for a shutdown, analysts [...]

Renault’s Pelata Resigns Over Espionage Probe Posted: Patrick Pelata has resigned as Renault SA's chief operating officer, taking the blame for a poorly executed investigation that led the company to wrongly fire three executives for industrial espionage in January. Pelata, whose resignation was widely expected, will leave Renault but take an unspecified job with alliance partner Nissan Motor [...]

Chrysler Aims to Repay Government Loans by June Posted: Chrysler Group LLC expects to reach an agreement with banks for financing to repay its more than $7 billion of loans from the U.S. and Canadian governments by June, Fiat-Chrysler CEO Sergio Marchionne tells reporters. The repayment would take Fiat another step closer to its goal of hiking its equity stake [...]

Renault Restructures to Avoid Another Scandal Posted: Renault SA says it has taken steps to improve control aimed at preventing another embarrassing security lapse like the one that caused it to wrongly fire three executives in January for leaking secret data. Renault board of director says it has expanded the role of its accounting and audit committee and [...]

Renault’s Pelata Resigns Over Espionage Probe Posted: Patrick Pelata has resigned as Renault SA's chief operating officer, taking the blame for a poorly executed investigation that led the company to wrongly fire three executives in January for industrial espionage. Pelata, whose resignation was widely expected, will leave Renault but take an unspecified job with alliance partner Nissan Motor [...]

Renault’s Pelata Resigns Over Espionage Probe Posted: Patrick Pelata has resigned as Renault SA's chief operating officer, taking the blame for a poorly executed investigation that led the company to wrongly fire three executives in January for industrial espionage. Pelata, whose resignation was widely expected, will leave Renault but take an unspecified job with alliance partner Nissan Motor [...]

Spyker May Sell, Lease Back Some Assets Posted: Spyker Cars N.A. is in talks with Convers Group, a financial institution owned by Russian businessman Vladimir Antonov, about selling assets held by its Saab Automobile unit and then leasing them back to raise urgently needed cash, according to The Wall Street Journal. Talks involve Convers' purchase of shares in three [...]

You are subscribed to email updates from The Carlovers Magazine To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610