WRAPUP 6-Prospect for auto bailout dims as Senate races clock =2 ( Thu, 20 Nov 2008 04:30:23 +0100) DOGPILE ON THE CEO While dealmaking dominated the hallways of Congress, the auto executives at Wednesday's hearings continued to face withering criticism. Read more INTERVIEW-Kazakh car market to shrink 25 pct -Toyota ( Thu, 13 Nov 2008 12:57:03 +0100) By Tatyana Seroshtanova ALMATY, Nov 13 (Reuters) - New car sales in Kazakhstan will drop by a quarter in 2008 due to shrinking demand caused by the global Read more Reckless Kazakh drivers, bad roads and now camels ( Tue, 11 Nov 2008 12:59:58 +0100) ALMATY, Nov 11 (Reuters Life!) - Police in Kazakhstan, already beset by reckless drivers and bad roads, said they are baffled by a rise in car collisions Read more
Continental cuts 200 salaried jobs in North America ( Tue, 19 Aug 2008 17:09:00 +0200) Continental AG has cut about 200 salaried jobs in North America so far in its integration of former German rival Siemens VDO. Samir Salman, Continental's new North American CEO, said the reductions also are a response to the market downturn. Read more
ATG Evaluating New ARE Rotary Engine in Oz ( Wed, 13 Aug 2008 14:12:16 +0200) The agreement involves fuel economy and emissions testing by ATG of the Almasi Rotary Engine, as well as the possible takeover of the Australian engine maker. Read more
New Conti Executives Focus on Integration, Steady Growth ( Mon, 02 Jun 2008 21:37:58 +0200) CEO Samir Salman and President Jeff Klei will oversee ContinentalÂ’s integration of Siemens VDO in North America, including eliminating about 300 jobs by year end. Read more
Continental N.A. CEO Kozyra quits, joins TI Automotive ( Thu, 29 May 2008 14:26:00 +0200) William Kozyra, North American CEO of Continental AG, is leaving the supplier to become CEO at TI Automotive. The move will be effective Sunday, June 1. Samir Salman, head of Continental's chassis and safety division, will become North American CEO. Read more
Kerkorian 'fascinated with making deals' ( Mon, 28 Apr 2008 21:37:05 +0200) Kirk KerkorianÂ’s latest bid for a hefty stake in an American automaker has some people asking why the 90-year-old Las Vegas dealmaker cares so much about Detroit metal. Read more
Tracinda's announcement of offer ( Mon, 28 Apr 2008 17:29:06 +0200) Kirk KerkorianÂ’s latest bid for a hefty stake in an American automaker has some people asking why the 90-year-old Las Vegas dealmaker cares so much about Detroit metal. Read more
Dealmaker ( Mon, 28 Apr 2008 05:01:00 +0200) Last September, General Motors shocked the industry when it gave detailed future product plans to the UAW, which promptly made them public. In a business where such plans are kept tightly under wraps, GM's openness was extraordinary. Read more Nokian JV to build $270 mln Kazakh tyre plant ( Wed, 16 Apr 2008 08:10:14 +0200) ALMATY, April 16 (Reuters) - A joint venture between Finnish tyre maker Nokian and Kazakh company Ordabasy will build a tyre plant in the Central Asian Read more Widespread rat control ramped up in suburbs ( Tue, 18 Dec 2007 04:00:00 +0100) Linda Valmassoi considers herself a rat magnet. She says she's seen them squished on roads, scurry across her bare feet and drop from the clutches of hawks in the sky. That's not including the 15 disease-carrying rodents she's trapped in the past three years in her backyard. Read more
Alma child found safe, but bizarre twist unfolds ( Fri, 03 Aug 2007 04:00:00 +0200) Tuscola County sheriff's officials have canceled an Amber Alert for a 2-year-old boy initially thought to be in danger while in his father's care. Read more
Blackstone: Been there, done that ( Mon, 2 Apr 2007 06:00:00 +0200) The auto industry has become a graveyard for some Wall Street investors, but dealmaker Neil Simpkins has proven to be extraordinarily adept. Read more