ATECO AUTOMOTIVE EXPANDING WITH CHINESE BRAND

Ateco, the exclusive importer of Ferrari, Maserati, Alfa Romeo, Citroen and Fiat products for Australian and New Zealand has extended its interests to cars from China. The company’s Governing Director, Neville Crichton, announced today (18 March 2008) that a distributorship agreement for Australia and New Zealand has been signed with Chery Automobile Company.

 

Toyota Cutting Parts Costs to Balance Books

Media reports say that a troubled Toyota Motor Corp plans to cut auto parts procurement costs by around 30 per cent over three years to help regain profitability. According to a Japanese newspaper Toyota has asked its suppliers to cut prices of some parts by 30-40 per cent for cars that will hit the market by 2013. The Nikkei business daily also said Toyota plans to switch to less expensive materials and parts.

 

Chrysler Creates New “Ram” Brand

Chrysler Group CEO Sergio Marchionne created a Ram truck brand in the second overhaul of the US car manufacturer now under control of Italy’s Fiat S.p.A.

 

Toyota Recalls Current Generation Prius

Toyota Motor Corporation Japan and Toyota Motor Corporation Australia have initiated a safety recall campaign on its current generation Prius vehicles. Current generation Prius commenced being sold in Australia in July 2009.

 

Commodore Omega Sedan Achieves 5Star Safety Rating

GM Holden today acknowledged ANCAP’s confirmation of a maximum five star safety rating for the upgraded VE Commodore Omega sedan, Holden’s highest selling locally produced model.

 

Chrysler In Bankruptcy, Forms Alliance With Fiat

DETROIT (Reuters) – – Chrysler LLC, battered by collapsing US sales and a global credit crisis, filed for bankruptcy and announced an industry-changing deal with Fiat.

 

Sikkens Acoat® and AAMI sign for IBIS Australia

IBIS Australia 2008 has begun to attract top companies as major sponsors, with the first two being Sikkens Acoat® selected and the insurance giant AAMI. Sikkens Acoat® selected was the first of what is expected to be a string of significant company sponsors associated with the body repair industry in Australia, which are all in negotiation at the moment.

 

Holden Announces New Chairman & Managing Director

Mike Devereux, 44, has been named Chairman and Managing Director of GM Holden, effective immediately. Joining Holden from his previous position of President and Managing Director of GM Middle East Operations, based in Dubai, Devereux succeeds Alan Batey, 46, who has been appointed Vice-President of Sales and Service for Chevrolet in the United States

Joining Holden from his previous position of President and Managing Director of GM Middle East Operations, based in Dubai, Devereux succeeds Alan Batey, 46, who has been appointed Vice-President of Sales and Service for Chevrolet in the United States.

Tim Lee, President of GM International Operations, said Devereux’s diverse, global experience and passion for cars made him ideally suited to lead Holden in Australia and New Zealand.

“Recent leaders such as Mark Reuss and Alan Batey have set a very high benchmark in dedication to the people and products that define the famous Holden brand – and Mike will be no exception,” Lee said.

“Coupled with an absolute passion for cars, Mike brings rare experience across almost every area of the automotive business including manufacturing, product development and senior management roles in GM’s international operations, marketing, sales and aftersales including the then newly formed e-Business group.

“Mike’s most recent outstanding work in the Middle East, which has traditionally been an important export market for Holden, makes him a strong advocate for his new home and the historical brand even before he steps on Australian soil,” he said.

Devereux’s career with General Motors has spanned 26 years in Canada, United States and the Middle East. He first joined the company in 1984 as an engineering co-op student as part of the St. Catharines Engine and Foundry Complex within GM of Canada, in Ontario.

He joined GM’s Service Parts Operations International group in 1989 working in product development and sales, followed by the role of launch manager for the 2000 Cadillac DeVille and in subsequent director positions in e-Business and the Global Sales, Service and Marketing Organisation.

Born in Great Britain, Devereux moved to Toronto with his family as a child. He holds a Bachelor of Science degree in industrial engineering from the GMI Engineering & Management Institute and a master’s degree in business administration from Harvard University.

 

 

Automechanika Asia Opens Thursday 29 March 2007

Automechanika Asia opens on Thursday, 29 March at the Kuala Lumpur Convention Centre (KLCC), Malaysia’s most modern exhibition facility. Featuring over 150 exhibitors from 18 countries & regions, the fair will provide an overview of auto parts & components, accessories & tuning products, and repair & maintenance equipment available in the global marketplace. As the ASEAN region’s leading business forum for the automotive OE and aftermarket sector, Automechanika Asia has attracted some of the top names in the industry for 2007, including

 

Å koda Australian Launch Confirmed for 2007

After much speculation and with great anticipation, it is confirmed that the Å koda automotive brand is returning to Australia and will commence selling cars in the Australian Market in the latter part of 2007.