Sunday, July 20th, 2008
China violates global trade rules by requiring automakers operating there to buy components from local suppliers or face penalties, the World Trade Organization ruled on Friday.
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The decision, issued in Geneva on a complaint brought by the European Union, the United States and Canada, is the first time China has lost a case [...]
Posted in Auto Trade | No Comments »
Saturday, June 21st, 2008
merchandise trade surplus declined in the latest month, April 2008, to $61.3 billion, on an annualized basis, according to the latest report from Statistics Canada.
This figure, while down from March�s level of $68.3 billion, still compares favorably with the long-term average ($60.0 billion since 2001) and is way up from the low point over the [...]
Posted in Auto Mart | No Comments »
Tuesday, March 25th, 2008
Tuesday, March 25, 2008 10:14:27 PM - Japan’s February trade surplus increased 0.9 percent over one year earlier, according to data released Wednesday by the Finance Ministry.
The increase was the first in four months, but came in below economists’ forecasts.
The February surplus increased to 970 billion yen (US$9.69 billion), compared to analysts’ estimates of a [...]
Posted in Auto Show | No Comments »
Sunday, February 24th, 2008
(Adds analysts, market reaction, detail)
By Louise Egan
OTTAWA, Feb 22 (Reuters) - Canadian retail sales outside
the auto sector disappointed in December, adding to a string of
gloomy data suggesting weaker-than-expected economic growth at
year-end.
Statistics Canada said on Friday that total retail sales
climbed 0.6 percent in the month due to a [...]
Posted in Auto Insurance | No Comments »
Saturday, February 16th, 2008
Canada Factory Sales Fall Most Since `03, Autos Drop (Update3)
By Greg Quinn
Feb. 15 (Bloomberg) — Canadian factory shipments fell the
most in 4 1/2 years in December, led by the biggest drop in
automobile production since 1996 as sluggish sales prompted
companies [...]
Posted in Auto Sales | No Comments »
Saturday, February 16th, 2008
Canada Factory Sales Fall Most Since `03, Autos Drop (Update2)
By Greg Quinn
Feb. 15 (Bloomberg) — Canadian factory shipments fell the
most in 4 1/2 years in December, led by the biggest drop in
automobile production since 1996 as sluggish sales prompted
companies [...]
Posted in Auto Sales | No Comments »
Monday, January 28th, 2008
Bets India May Cut Interest Rates Increase After Fed Reduction
By Cherian Thomas
Jan. 28 (Bloomberg) — Bets that India may cut interest
rates tomorrow increased after the U.S. Federal Reserve;s
reduction last week on speculation the central bank will try to
prevent an [...]
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Monday, January 28th, 2008
India May Keep Rates Unchanged as Effect of Fed;s Cut Assessed
By Cherian Thomas
Jan. 28 (Bloomberg) — India may leave borrowing costs
unchanged as it assesses whether last week;s emergency U.S.
interest rate cut will spark a flood of capital inflows,
spurring inflation. [...]
Posted in Auto Sales | No Comments »