Archive for February, 2012
Automobile Industry and the Recession
Posted by alibabarika in Automotive Articles on February 23, 2012
Automobile industry has a special impact on the daily life of the modern day man, which requires fast mobility with reliability. The rapid growth in automobile industry has had its ebbs and flows. Currently it is undergoing a recession globally. The auto industry is evolving new strategies and signing up new contracts and joint ventures in an effort to stabilize itself and avoid further slump.
There is a particular need for rationalization of taxation and customs policies in order to support enterprises producing automobile components.
If The Fiat Deal Flounders, Does Chrysler Have Other Options?
Posted by alibabarika in Automotive Articles on February 16, 2012
The news for Chrysler the first few days of 2009 was especially bleak: despite getting three billion dollars in federal funding, the automaker would have a tough time surviving beyond the first quarter without a second injection of cash. Even though a new Congress has been seated and a new president has taken office, there isn’t any guarantee that politicians will want to help Chrysler out beyond the initial loan amount. Constituents are angry as they see private businesses and public corporations bailed out while struggling to make their own mortgage payments, hold down a job, and pay the bills.
Chrysler recently announced a strategic alliance with Fiat, a deal which could bring as many as seven Fiat and Alfa Romeo models to the US market in exchange for giving Fiat 35% ownership of Chrysler LLC. But it is that foreign ownership of Chrysler which has some unhinged, wondering aloud whether it is right for Congress to support a foreign owned entity as another 19.9% of Chrysler is owned by the German auto firm, Daimler AG.
10 Continental Driving Facts
Posted by alibabarika in Automotive Articles on February 9, 2012
Travelling abroad and seeing the world is a great thing – driving abroad…less so. Still, if you choose to take your car, rather than booking a cheap airport transfer, there are all kinds of strange things that you’ll see…
If you hate musical car-horns, you’ll love Greece!
Gas Savers Vs Gas Hustlers – The New Cold War
Posted by alibabarika in Automotive Articles on February 2, 2012
I should warn you now, this article is going to ruffle quite a few feathers. If you have a weak stomach, please do not read what is in front of you… it just might scare you.
There is a new war brewing, and it’s NOT in Iraq.