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Industry News June new car registrations down 4.8% year on year (UK Auto Industry)The SMMT reports that 227,623 new cars left UK showrooms last month, down 4.8 per cent on June 2004, though market decline still left the June new car market 5.7 per cent above the 1999- 2005 average. | Target 5 Puts Ford Employee Discount To The Test (Channel Cincinnati)Many car dealers are promising rock-bottom prices to regular shoppers by offering employee discounts for everyone. But what's the real deal? | (AFX UK Focus) 2005-07-07 11:16 GMT: Asian economic and corporate news summary (Interactive Investor)BEIJING (AFX) A summary of Asian econnomic and corporate news at 1000 GMT JAPAN: -Japan June forex reserves rise 1.07 bln usd to 843.54 bln -June machine tool orders rise 6.9 pct from May - industry assn -Japanese business confidence falls for 1st time in 4 months in June - Teikoku -Japanese govt agency to sell 600,000 JR Tokai shares -Japanese investors turned net sellers of foreign bonds last | BMW M'sia: Oil prices no immediate impact on sales (The Edge Daily)BMW Malaysia Sdn Bhd does not anticipate the high oil prices, escalating cost of doing business and the strong euro to deter buying decisions of premium cars by its elite and wealthy clientele in the immediate future, said its managing director Wolfgang Schlimme. | Oil prices not yet hurting economy / Experts say gradual increases can allow advance planning (San Francisco Chronicle)With oil prices parked above $55 per barrel, why hasn't the economy tanked? Spikes in the cost of crude used to cause recessions, unemployment, gas lines, misery. This one hasn't. Drivers grouse, but the economy seems to hum along. Why hasn't... |
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