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<title>EIN News: New York Automotive News</title>
<link>http://www.einnews.com/newyork/newsfeed-new-york-automotive</link><description>Constantly updated news and information about world affairs.</description><item>
<title>AutoNation to cut inventory, 1,300 jobs nationally: About 100 jobs will be cut from the company&apos;s South...</title>
<link>http://www.einnews.com/news.php?wid=180205109</link>
<pubDate>25 Jul 2008 14:11 GMT</pubDate>
<description>
...  decline. The news spurred shares higher in New York Stock Exchange trading. They rose $1.04, or  ...  changed jobs or left the industry as car sales lagged, Maroone said. The cuts will  ...  to downsize. They aren&apos;t selling as many cars and can&apos;t have as many employees.&quot; Cost-cutting  ...
</description>
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<title>Harman Consumer Division Hands Interactive Training Task to VerticPortals</title>
<link>http://www.einnews.com/news.php?wid=180204771</link>
<pubDate>25 Jul 2008 13:47 GMT</pubDate>
<description>
...  agency VerticPortals to create and implement an interactive on-line training solution, aimed at helping sales employees in Best Buy to better understand the in-car audio equipment brand Infinity. New York City, NY (PRWEB) July 25, 2008 -- VerticPortals ( ) has been appointed to  ...
</description>
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<title>Stocks fall on decline in home sales</title>
<link>http://www.einnews.com/news.php?wid=180204544</link>
<pubDate>25 Jul 2008 13:44 GMT</pubDate>
<description>
...  earnings as the weak dollar boosted foreign sales, and Amazon.com Inc. turned in a solid  ...  said it will bring six European small car models to North America by the end  ...  by about 4 to 1 on the New York Stock Exchange, where volume came to 1.65  ...
</description>
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<title>Chrysler reports $515 million loss</title>
<link>http://www.einnews.com/news.php?wid=180203559</link>
<pubDate>25 Jul 2008 10:03 GMT</pubDate>
<description>
...  the company in August 2007. Chrysler&apos;s U.S. sales of cars and light trucks fell 16 percent in  ...  on an operating basis through April. The New York buyout firmhad expected a four-month operating loss  ...
</description>
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<title>Dow Jones drops more than 280 points</title>
<link>http://www.einnews.com/news.php?wid=180200539</link>
<pubDate>25 Jul 2008 08:08 GMT</pubDate>
<description>
... NEW YORK  Wall Street abruptly ended an earnings-driven  ...  after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled  ...  said it will bring six European small car models to North America by the end  ...
</description>
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<title>All-American town</title>
<link>http://www.einnews.com/news.php?wid=180199276</link>
<pubDate>25 Jul 2008 07:57 GMT</pubDate>
<description>
...  was in 1965. You could fill your car up for $3.33, 10 gallons. Now, you  ...  then on through the Panama Canal to New York, where it served as testimony to the  ...  couple of the &quot;balls&quot; were damaged by cars driving into the station the wrong way  ...
</description>
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<title>Stocks plunge; Dow falls 280; oil prices rise</title>
<link>http://www.einnews.com/news.php?wid=180198331</link>
<pubDate>25 Jul 2008 07:34 GMT</pubDate>
<description>
... NEW YORK (AP)  Wall Street abruptly ended an  ...  after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled  ...  said it will bring six European small car models to North America by the end  ...
</description>
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<title>Daimler has to change down as well</title>
<link>http://www.einnews.com/news.php?wid=180196694</link>
<pubDate>25 Jul 2008 07:29 GMT</pubDate>
<description>
... Daimler AG, the world&apos;s second-largest luxury car maker, cut its forecast for earnings this  ...  Daimler sold 80.1 percent of Chrysler to New York-based buyout firm Cerberus Capital Management LP in  ...  models as consumers look for thrifty small cars and turn away from the trucks and  ...
</description>
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<title>Big loser Ford has to think small</title>
<link>http://www.einnews.com/news.php?wid=180196692</link>
<pubDate>25 Jul 2008 07:29 GMT</pubDate>
<description>
... Ford Motor Co, the world&apos;s third-largest car maker, posted a second-quarter loss of US$8.7  ...  Credit Co. The shares fell in early New York trading. The results mark the sixth loss  ...  Ford said it had US$26.6 billion in automotive cash at the end of the quarter,  ...
</description>
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<title>Ford&apos;s big cars run out of gas</title>
<link>http://www.einnews.com/news.php?wid=180193792</link>
<pubDate>25 Jul 2008 06:59 GMT</pubDate>
<description>
...  culture but since the early 1990s, America&apos;s car giants have been under siege by cheaper  ...  plan - doubling production of cheaper hybrid cars and selling more smaller European models to  ...  of the world&apos;s most compressed car environments; New York. JAMES SHUGG: The hybrids, they&apos;re everywhere. Taxis  ...
</description>
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<title>Chrysler puts 1Q loss at $515M</title>
<link>http://www.einnews.com/news.php?wid=180193488</link>
<pubDate>25 Jul 2008 06:58 GMT</pubDate>
<description>
...  said it lost in 2007. Last year, New York private equity firm Cerberus Capital Management LP  ...  it&apos;s declining in value, said Rebecca Lindland, automotive analyst at Global Insight Inc. She noted  ...  in the near future. The only small car that Chrysler has announced is coming to  ...
</description>
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<title>Scooter Sales Rising Like Gas Prices</title>
<link>http://www.einnews.com/news.php?wid=180191940</link>
<pubDate>25 Jul 2008 06:36 GMT</pubDate>
<description>
... The makers of scooters say their sales are booming as a result of the cost of rising oil costs. NEW YORK (Reuters) - Record gasoline prices are fueling  ...  prices, they can&apos;t afford to drive their cars and they want an inexpensive way to  ...
</description>
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<title>Ford takes $8.7 billion loss in Q2</title>
<link>http://www.einnews.com/news.php?wid=180191325</link>
<pubDate>25 Jul 2008 06:34 GMT</pubDate>
<description>
...  for trucks forces retooling to make smaller cars By Nick Bunkley The New York Times Article Last Updated: 07/24/2008 11:23:33 PM  ...  The Ford Motor Co., stunned by abysmal sales of its most profitable vehicles and a  ...
</description>
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<title>ArcelorMittal Reinforces Its Steel Service Center Network in Brazil</title>
<link>http://www.einnews.com/news.php?wid=180190134</link>
<pubDate>25 Jul 2008 06:33 GMT</pubDate>
<description>
...  activity, as well as the industry and automotive segments. Its capacity is 240,000 tonnes per  ...  is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MTP), Brussels (MTBL),  ...  Spain Ignacio Agreda, +34 94 489 4162 Oscar Fleites, +34 98 512 60 29 Keith  ...
</description>
</item><item>
<title>European markets may extend losses; global cues weak</title>
<link>http://www.einnews.com/news.php?wid=180189680</link>
<pubDate>25 Jul 2008 06:32 GMT</pubDate>
<description>
...  of durable goods orders and new home sales for the month of June. The European  ...  The European markets fell on Thursday, as automotive stocks lost ground after Daimler cuts its  ...  declined 0.1% to $1.5681 late Thursday in New York, from $1.5698 on Wednesday. The euro decreased  ...
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