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Photo 2008 Chrysler Jefferson North factory

An integrated electric super car, Chrysler, Chrysler recently announced that it will, at its Jefferson North United States Detroit factory expansion of 1100 employees. This marks the Chrysler has walked out of the shadow of bankruptcy in 2009.

Chrysler Jefferson North factory main production Jeep models, and have recently started manufacturing the new Jeep Cherokee models. At present, the Jefferson North plant a total of 1700 workers. The new 1100 employees, Chrysler will be from July 19, beginning at the production plant a new ban. But this 1100 employees an hourly rate of only half of the previous, approximately US $ 14.

Chrysler CEO Malchow inner Jefferson North factory announces the message, causing workers under cheers. This is the Chrysler 2009 out of bankruptcy protection since its first major expansion plans.

Tencent Toyota Automobile at news this week, a spokesman said that the company has suspended Lexus LS sales to provide to the dealer as soon as the required parts for the repair of steering system problems.

Toyota announced last Friday, in the United States market recall of approximately 3800 vehicles 2009 Edition and 2010 version of the Lexus LS 460 and LS 600h car models, to fix the problem by turning. Toyota said the company will replace the problem vehicle variable gear ratio steering system of your computer processor, to fix the problem.

Toyota spokesman Lyon (Brian Lyons) said that the new computer before you install the processor and, Toyota will stop Lexus LS sales. Lyon, claims that if all went well, new parts will be delivered in mid-June.

Prior to this, Toyota already because the same reason in Japan market and other markets worldwide recall of the 4500 vehicles respectively and 2750 a Lexus LS Sedan. Lexus LS is the Lexus brand's most high-end sedan, which, Lexus LS 460 is priced at us $ 65380 per vehicle, and the Lexus LS hybrid car of 600h prices as high as $ 108800 per vehicle.

The 2010 date, Toyota in the United States market sales of Lexus car number approximately 4000 cars around, its global sales by 6% over the same period. This Toyota in the United States market recall of Lexus cars to August 28, 2009 to 2010 18 days from their products. Lyon, said that during this period, the production of the Lexus car has not turned to the issue and still can be a normal sales. Lyon, at the same time, the recent line of Lexus cars has processed the steering system.

In the result on the gas pedal issues dealing with slow and subjected to United States Government record 1640 million fine, Toyota for vehicle security processing speed have been significantly accelerated. On the other hand, Toyota continuous recall events have caused the United States Congress for vehicle safety laws of detailed reassessment, which still since 2000, Bridgestone/Firestone tire recall events Inc. of since the first time.

(Yi Hai)

Super cars news Germany ft (Financial Times Deutschland) recently invoked source as saying that the car manufacturer Daimler and Toyota cars will be in the automotive fuel cell cooperation in the field of realization of mass.

Reports that this is Daimler and Toyota Motor's first important cooperation.

In response to the report, Daimler and Toyota spokesman refused to comment.

United States Treasury Department announced on 21 may employ investment bank-la région de (Lazard) as "ashes" GM reset IPO investment consultant, and an assessment of the United States Government holdings of GM 60.8% stake in price. Analysts predict that General Motors need financing 670 million, to ensure that Government aid to the company's investment will not "drakes".

IPO is expected to take place during the year

June 1, 2009, a formal application for bankruptcy of General Motors and announced delisting. Bankruptcy, the company's total assets $ 822.9 billion, total debt is $ 1728.1 billion. In order to avoid collapse caused by the American General Motors automobile and manufacturing sectors of the domino effect, the US Government has injected $ help them through.

Subsequently, General Motors made from inside and outside of massive restructuring: ownership structure, General Motors into the United States Government's national 60.8% share holding company, the Government of Canada and the Ontario Government has "new universal" 11.7% stake, United Auto Workers Union flag next medical VEBA trust fund shares, holders of 17.5% 10% left by the bond holders; brand strategy, the company substantial downsizing, before the end of this year is expected to retain only Chevrolet, Buick, Cadillac GMC and four core brand; overseas strategy, large-scale shift to emerging markets, consolidation in North America and Western Europe resources outside of new and established international operations, headquartered in Shanghai.

The second half of 2009, the United States "to old cars for new car" and other car consumption stimulus policies and emerging economies strong driven automobile consumption, GM sales blowout, and in April 2010 to 18.7 million units sales results back to the United States market monthly sales champion. In the same month, GM announced that the Government has paid $ 67 billion in investment.

Recently, General Motors Corporation announced its first quarter operating income increased by 40% to 315 million, profit 8.65 billion, which is its 2007 first quarter since the profits. The company's Chief Financial Officer (CFO) egirdir immediately announced IPO on the agenda, and expressed early in 2010 complete equity.

"New General" value of geometry

General Motors is worth, what its IPO market capitalisation? this question can help taxpayers calculation United States Government's aid plan for the "no", but also to the General Motors even United States automobile industry a confidence vote. United States, according to analysts last month universal return $ investment to the United States Government, as well as the Treasury said it would sell its holdings of 60.8% of General Motors Corporation, General Motors need first IPO to raise at least 670 billion u.s. dollars in order to allow taxpayers to earn back the capital.

While General Motors bondholders the bet after General allows taxpayers to IPO redemption of principal or even profit. It is reported that GM bond owner after the IPO in General will be converted into shares of bonds, the value of the debt for the next direct binding IPO stock prices. CRT Capital Group Senior Vice President Kirk ・ Gertrude Tadic stated that such bonds now the price is approximately $ 35 cents, computing, General Motors, the ultimate market value should be 660 million.

Gertrude Tadic has been tracking common bond prices, and on Tuesday reaffirmed GM bond's "buy" rating that GM bond's price range will eventually reach 40 cents to 43 cents, this means that, GM's stock market value of 750 million to $ 78. In addition, JP Morgan bond analyst Eric ・ Sergio said, based on General Motors robust performance in the first quarter, he was promoted to General Motors, and valuation of bonds will GM stock market value estimate to $ 900. In addition, the United States National Economic Council director Larry Summers you ・ 20 May said that General Motors trading prospects seemed to become more "light", even if the Ministry of finance does not recover the full input can recover most.

(Office of)

CRI news according to two informed , car Ford is considering phasing out its brand of mercury, and has started preparing to close its production line. It is learnt that the Mercury brand is the son of the old Ford, Ford II's father, Edwin Cyrus ・ Ford (Edsel Ford) was founded in 1939.

The two are not willing to disclose the names of the insider said that the current Ford senior officials are ready to request proposals for closing the Mercury brand June submission of company managers. The informed that mercury will be renewed next year out of two models, and Ford are also not intended to promote their products, just let it run its course.

As the United States only to avoid bankruptcy of the enterprise, Ford has in accordance with company CEO Allen ? Murali's opinion stressed the importance of the brand. The informed view of the mercury extinction time depends on the Ford senior convince dealers give up the brand's speed.

Global perspective projections sector analysts John ・ walkover novyy TOKOZ (John Wolkonowicz) said: "perhaps the United States currently has a lot of people think that the mercury have been discontinued. From the beginning, mercury is Ford's unremarkable brand. ”

Currently, the industry generally believe that Ford in 2010 is expected to realize substantial earnings returns. It is expected that Ford will be in the third quarter of this year will completed within brand Volvo sold China Geely automobile's work, along with the Mercury brand has gradually been eliminated, and expected future Ford will leave the company with the same name brand and Ho car brand Lincoln .

It is understood that Ford had said earlier, it is expected that the Lincoln brand of shipments will increase, and the Mercury brand will be reduced to a few specific models.

If a large message members says eliminated mercury, this means that since 2000, carmakers have Detroit off brand will be five. The remaining four respectively Ponty grams, Saturn, century-old car Ozzy Mobil (Oldsmobile) and Plymouth (Plymouth).

For the above message, Ford spokesman Mark ? truby (Mark Truby) said: "we do not plan on Mercury brand. As with any high quality enterprise, we will continue to assess the potential of new brand portfolio. Once when we make adjustments to the plan, we will respond promptly to inform you. (Yi Hai)