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Thursday, March 01, 2012

News Today

The tire industry struggled 
Industrial tires for four-wheeled vehicles that do not start encouraging achievement. Based on the Tire Association of Indonesia (APBI), total sales of tires for four wheel drive vehicles at the beginning of this year only 3.99 million vehicles, down 9.3% compared with December 2011 of 4.4 million units. The decline was not only based on the total volume of sales but also exports, exports in the last month of 11 members of the APBI only 2.63 million units, less than 2.99 million units the previous month. APBI chairman Aziz Pane said the decline occurred as the effects of the global economic crisis. 
(Source: Bisnis Indonesia, Wednesday, 29 - 2-2012, p i8)
VW to Porsche's acquisition almost complete 

The acquisition of Volkswagen AG, Porsche SE shares amounting to 50.1% is almost complete. A number of analysts currently negotiating position just waiting for approval from the German tax authorities are rated as the biggest hurdle. "For VW acquisition is an excellent business opportunity," said Credit Suisse analyst Arndt Ellinghorst. Porsche shares closed higher today 3.1% valued at 1.52 euros to 50.07 euros, while VW shares eased 0.7% to 138.35 euros per share. 
(Source: Bisnis Indonesia, Wednesday, 29 - 2-2012, p i8)
Russian car market is predicted to soar 

New car sales in Russia this year is predicted to jump 39% to 2.8 million units compared to the realization of sales in the sales lalu.Tumbuhnya triggered by the rise in demand for passenger cars and light commercial vehicles in the midst of economic crisis the euro zone. This significant growth in part to stimulate increased investment commitments for the expansion of cooperation and partnership. Fiat SpA took seriously even Sberbank Russia to build a car factory with a capacity of 120,000 units per year, U.S. $ 1.14 billion in the near St.Petersburg.(Source: Bisnis Indonesia, Wednesday, 29 - 2-2012, p i8)
JCI 

On the last trading stock index rose 1.10% to 3903.56, while the rupiah weakened 0.53% to 9158 per U.S. $. 
(Source: Bisnis Indonesia, Wednesday, 29 - 2-2012, p m2)
Japanese car sales boosted subsidies 

Japanese car sales rose 24% during 2011. The high sales driven government subsidies for energy-efficient vehicles. Societe General Research Institute Tokyo in Japan's auto sales expected to rise 19% to a level of 5 million units this year. Throughout 2011, through the sale of 2.63 million units after spurred a subsidy of 100 thousand yen. This policy provided the Japanese government after they destroyed the auto industry earthquake and flood Thailand 
(Source: Koran Tempo, Wednesday, 29 - 2-2012, p B6)
One step away from mass produced Esemka 

Car Esemka Eagles secondary vocational school students work in Solo are just waiting for the results of emissions testing at the Laboratory Institute of Thermodynamics and Propulsion Motor Agency for the Assessment and Application of Technology or BTMP BPPT Monday. If it passes the emissions test, the right to test the type issued seritifikat Ministry of Transportation. 
(Source: Reuters, Wednesday, 29 - 2-2012, p 22) 
Quotes of the day
 
"Honesty and trust is the best policy."(Can Bel)

 "The crisis could mean danger, but may also be an opportunity."(John F Kennedy)
All New Avanza & The All New Avanza Veloz

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