“Reportlinker Adds Global and China Automotive Aluminum Wheel Industry ... - PR Inside” plus 4 more |
- Reportlinker Adds Global and China Automotive Aluminum Wheel Industry ... - PR Inside
- eBay Motors Launches Video Contest to Find the Ultimate Automotive ... - Earthtimes
- Gold Coast Mining Announces Stock Dividend - StreetInsider.com
- Zero Motorcycles Unveils New Electric Motorcycle - Automotive Business Review
- BMW sees profits drop 76 percent - Greenville News
Reportlinker Adds Global and China Automotive Aluminum Wheel Industry ... - PR Inside Posted: 04 Aug 2009 11:57 PM PDT 2009-08-05 08:43:03 -
Reportlinker.com announces that a new market research report is available in its catalogue. Reportlinker Adds Global and China Automotive Aluminum Wheel Industry Report, 2008-2009 : www.reportlinker.com/p0135888/Reportlinker-Adds-Global-and-China .. : China has become a manufacturing center of aluminum automotive wheels in the world now. The export of wheels mainly focuses on the retail market. In the recent years, many foreign OEMs have begun to purchase aluminum automotive wheels directly from China because.In the cost structure of Chinese aluminum automotive wheels, raw materials account for 55%-60% of the total cost, and labor cost takes 4%-5%. For developed countries, raw materials account for 50%, and labor cost takes 15%-20%. Therefore, China has competitive advantages in labor cost. At present, the average profit margin of foreign automotive aluminum alloy industry has fallen to 2%, so there is no possibility for the decline of selling price. In order to control the cost, international automobile giants have begun to purchase from China aluminum automotive wheels with price advantage or set up joint ventures in China. Japanese manufacturers have already established joint ventures in China. China also has advantage in upstream resources, but the advantage is reflected in the quantity of alumina manufacturers instead of rich bauxite resources. The competition in the prices of alumina is fierce. After breaking the monopoly of Chinalco, private alumina factories emerged everywhere. To the aluminum wheel industry, raw material cost is the most important factor, in which Chinese manufacturers have advantage. Roaring alumina prices in 2008 made many manufacturers suffer losses. Although alumina price decreased in the second half of 2008, it was kept stable with a slight increase after major manufacturers made efforts to reduce output. China's output of aluminum automotive wheels rises rapidly. In 2001, China exported 3.5 million aluminum automotive wheels; in 2003, nearly 10 million; in 2008, 35 million, 10 times that in 2001. China produced 35 million aluminum automotive wheels in 2008, of which 30 million ones were for OEM sale, 1.5 million for inventory, and 1.5 million for after-market. Aluminum-alloy motorcycle wheel industry is an important branch of China's aluminum wheel industry, with the annual output of 15-20 million. Prosperous automobile industry stimulates a number of cities and enterprises to start aluminum wheel projects. In Baotou, Chongqing, Xining, Luoyang, Fushun, Zunhua, Guangyuan, Yuncheng, Kangping, Tongliao, Baise, Shenyang, Jiamusi, Peixian, Baiyin, Xuzhou and Wenchuan, aluminum wheel projects with the investment of RMB in millions have been under preparation or construction. In fact, aluminum wheels are applied to 68% of passenger cars in the world, so the development space for aluminum wheel hubs is limited. Majority of small Chinese enterprises rely on the after-markets of Europe and America, which get inflicted seriously by the economic crisis. As for the field of OEM, it is hard to enter, and requires efforts and funds for continuous years. Although China has nearly 100 aluminum wheel manufacturers, but few of them have real strength. In China, large aluminum wheel manufacturers are generally supported by foreign investors. Manufacturers funded by Taiwan investors are mostly export-oriented, with the export mainly to Japan, and usually Japanese investors have their shares, for example, Toyota holds shares of Lioho Machinery. Manufacturers funded by Hong Kong investors often cooperate with larger enterprises, aiming at OEM market. Large-scale local enterprises also target OEM market, while small enterprises are engaged in after-market. Citic Dicastal is backed up by the super-large enterprise --- CITIC Group, so it has no difficulty in gathering capital and it has the courage to invest in large scale, which is the key to its success. Besides, Citic Dicastal started to work in aluminum wheel industry earlier than others. Wanfeng Auto is also a pioneer in the industry and was first listed in 2006, and its development depends on financing. Jinfei Machinery is an enterprise restructured from a state-owned enterprise with adequate fund, and motorcycle wheel business takes a large proportion of its business. Jingyuan Heavy Duty Machinery is backed up by the largest tire enterprise --- GITI Tire Group. Shanghai Youfa is a member of Youfa Group and listed in Singapore, aiming at after-sale market. Wuxi Zhenfa is an Indonesian enterprise listed in Indonesia. Currently, European and American manufacturers of aluminum wheels are at the verge of bankruptcy, for example, Hayes Lemmerz filed for bankruptcy on May 11, 2009. In German, the annual sales of the best-known enterprise --- BBS was less than 8 million euros in 2008, declining 40% with huge losses. However, the situation will benefit Chinese enterprises, especially large enterprise like Citic Dicastal. In Japan, the giants --- CMW, ENKEI and TOPY cooperate with Toyota, Honda and Nissan respectively. Asahi Aluminum, Hitachi Metals and UBE that have smaller scale cooperate with Honda, Nissan and Mazda respectively. UBE has less than JPY10 billion. In German, the giants --- BORBET, RONAL and UNIWHEEL are unlisted semi-private family enterprises with a history of one hundred years and they acquired a number of small manufacturers. The scale of UNIWHEEL is relatively smaller, but has much shares in after-market. BORBET and RONAL cooperate with BMW, Mercedes-Benz, Audi and Porsche. American SUPERIOR and Hayes Lemmerz are surviving difficultly. 1. Global Automobile Market 4.2 Output of Major Automobile Manufacturers, 2008-2015 4.3 Finance of Major Automobile Manufacturers 5.3 Advantages of Aluminum-alloy Wheel 5.4 Quality System and Certification for Aluminum-alloy Wheel 6. Aluminum Automotive Wheel Industry & Market Reportlinker Adds Global and China Automotive Aluminum Wheel Industry Report, 2008-2009 : www.reportlinker.com/p0135888/Reportlinker-Adds-Global-and-China .. : More market research reports here! : ReportlinkerNicolas: nbo@reportlinker.com : mailto:nbo@reportlinker.com US: (805)-652-2626Intl: +1 805-652-2626 This posting includes an audio/video/photo media file: Download Now |
eBay Motors Launches Video Contest to Find the Ultimate Automotive ... - Earthtimes Posted: 05 Aug 2009 07:07 AM PDT SAN JOSE, Calif. - (Business Wire) eBay Motors, the No.1 online automotive marketplace worldwide, today announced the 2009 Motors Master Contest, designed to find America's top vehicle enthusiast in four distinct categories. Winners earn the title of "Motors Master" in their category, receive a trip to Las Vegas to attend the 2009 Specialty Equipment Market Association (SEMA) Show and receive an eBay Motors shopping spree. Entrants will record a short video about their favorite car, truck or motorcycle project and explain why they would make the best do-it-yourself project expert for their category, and upload it to the Motors Master Web site at http://www.motorsmaster.ebaymotors.com. Expert judges and the public will vote for the top entrants in the following categories:
eBay Motors will bring the top winner from each of the four categories to the 2009 SEMA Show in Las Vegas from November 4-7, where their winning project vehicle may be displayed for over 100,000 attendees to view at the largest automotive specialty performance products trade event in the world. Each winner also will receive a $2,500 eBay Motors shopping spree to buy parts and accessories for future projects at www.ebaymotors.com, where a part or accessory sells every second. The top projects will be selected based on the entrants' videos and their written descriptions of how they used eBay Motors to fuel their projects and why they should be chosen a 2009 Motors Master. The initial round of votes to determine the finalists in each category will be cast by members of the public who visit the site to rate the videos and view the entrants' descriptions (based on a scale of one to five stars) along with a panel of expert judges. Expert judges from the automotive industry will review the Finalists' submissions and determine the Grand Prize winner for each category. The celebrity judging panel experts will consist of:
Additionally, eBay users visiting the Motors Master site who rate videos can also enter to win a $1,000 eBay Gift Certificate. Visitors can enter once a day during the six-week contest period. Entries must be submitted by August 31, and voting will continue through September 14, 2009. Ten finalists will be selected for each category. The celebrity judging panel will choose one grand prize winner from each category and announce the results in early October. "We encourage anyone who loves wheels, engines, spoilers, instrument panels or any other vehicle add-on to send us a video and tell us why they should be a 2009 Motors Master," said Famous Rhodes, director of parts and accessories for eBay Motors. "eBay Motors offers the widest selection of parts and accessories anywhere, and we are excited to see the passion from our community come to life through this contest." The eBay Motors Enthusiast Contest is open to legal residents of the fifty (50) United States, District of Columbia, and Canada, unless otherwise prohibited, and entrants must be at least 18 years old. Official rules can be found at http://ebay.promotionexpert.com/motorsmaster/rules.html. About eBay Motors eBay Motors (www.ebaymotors.com), a part of eBay Inc., is the Internet's largest marketplace for buying and selling all things automotive. The site offers everyday cars for everyday drivers, as well as collector cars, motorcycles, auto parts and accessories. eBay Motors is consistently ranked the No.1 automotive site on the Web by Nielsen//NetRatings (June 2009). About eBay Inc. Founded in 1995, eBay Inc. (Nasdaq:EBAY) connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay Inc. does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay Inc. has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, StubHub, Shopping.com, and others. eBay Inc. is headquartered in San Jose, California.
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Gold Coast Mining Announces Stock Dividend - StreetInsider.com Posted: 05 Aug 2009 05:26 AM PDT BOSTON, Aug. 5, 2009 (GLOBE NEWSWIRE) -- Gold Coast Mining Corp. (Pink Sheets: GDSM), announced today that its Board of Directors has set a record date of August 31, 2009, for the proposed dividend of the common stock held in Max Media Group, Inc. The Board declared a dividend of one share of common stock of Max Media for every thirty (30) shares of Gold Coast Mining common stock held by shareholders on August 31, 2009. It is management's expectation that Max Media will be trading under its new symbol by the record date. Additionally, Max Media is preparing its financials to file with Pink Sheets, which will allow the company to have current financial information available. Jason Cooper, Interim CEO of Gold Coast Mining Corp., commented, "The setting of the record date for our previously announced dividend, as well as the distribution rate, is a big step forward for the Company in its pursuit of restoring shareholder value. Each of our shareholders will now have the opportunity to participate in the future potential of Max Media as an individual Max Media shareholder. " Mr. Cooper further stated: "Max Media management has committed to filing current financial information in order to achieve transparency for its shareholders and to shorten the holding period on the dividend shares. " Max Media Group (MMG) MMG operates 10 Hot Web sites including www.hotautoweb.com, www.hotrvweb.com, www.hotboatweb.com and www.hotcharityweb.com, among others. The sites were founded in 2001 with the current management assuming control in January of 2009. In the past 5 years, hotautoweb.com alone has generated $17 million in sales in the Classic Car segment. The Company is now initiating plans to establish a national network of trained independent representatives to market its various website listing services to collectors, charities, consumers and dealers. The Company, as an objective professional 3rd party, enables customers to purchase items (mostly sight unseen) without the fear of hidden defects or problems. The Company allows sellers to bypass the learning curve of how to establish a successful online auction while allowing the seller personal privacy protection all while reaching a worldwide audience of internet buyers with little time or effort. MMG seeks to become the international premier marketer and publisher of classic cars, higher end vehicles, rv's, boats, motorcycles, planes and other valuable items for individuals, dealers and charities. This will be accomplished by a network of more then 100 independent representatives that complete an exhaustive documentation and history of every item listed with numerous detailed photos, video documentation and the "story," as told by the owner. MMG revenue is derived from listing fees, both flat rate and percent of sale value, independent representatives subscription fees, and the monetization of website traffic. Currently, MMG generates between $5 to $15 eCPM (dollars earned per 1000 page views). The management team of MMG consist of: G. James Grady, CEO. Mr. Grady has over 40 years experience in the automotive industry. Mr. Grady has served as President of Retail Division for Don Olson Tire Centers where he was responsible for the retail operations of over 30 locations throughout the State of Florida. Additionally, he has served as President/CEO for Ken Towery Firestone, Executive V.P. and Franchise Development Manager for Morgan Tire and SE Regional Manager for Franchise Operations and Development for Tuffy Automotive. Stephen G. Reed, CFO. Mr. Reed has served as a Vice President/Trust and Investment Services Officer for Bank One, Wells Fargo and Fifth Third Bank. Mr. Reed was also an Employee Benefits Consultant for Wausau Insurance Companies. About Gold Coast Mining Corp. Gold Coast Mining Corp. is pursuing mining acquisitions and joint ventures. The Company currently has a joint venture with Western Sierra Mining Corp. for its Ore Cache Mine and SunGold Mine. The Company currently has 444,887,086 shares issued and outstanding. CONTACT: Brass Bulls Investor Relations Matthew Lovito 866-342-2700 Related CategoriesPress Releases
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Zero Motorcycles Unveils New Electric Motorcycle - Automotive Business Review Posted: 28 Jul 2009 04:56 PM PDT Zero Motorcycles has introduced an electric dual sport motorcycle, Zero DS. Zero has equipped its new model with suspension, rugged wheels and dual sport tires to efficiently move riders over any surface. The Zero DS motorcycle is powered by Zero Motorcycles' Z-Force drivetrain. The Zero DS is designed from the ground up to be an electric motorcycle. Aircraft grade aluminum is used in the construction of the lightweight twin spar frame. The motorcycle's power pack consists of lithium ion cells, said the company. Gene Banman, CEO of Zero Motorcycles, said: "The Zero DS is designed for motorcyclists who want the freedom to ride wherever they want. You can cut across a dirt trail on your way into work or ride the tarmac to your favorite trail-head." Zero Motorcycles first entered the motorcycle industry in 2006 with the all-electric Drift. This posting includes an audio/video/photo media file: Download Now |
BMW sees profits drop 76 percent - Greenville News Posted: 05 Aug 2009 07:14 AM PDT (2 of 3) The offers were part of an effort BMW has undertaken to reduce its worldwide work force by about 8,000 workers, said Bobby Hitt, spokesman for BMW Manufacturing Co. No target number has been set locally, he said. At the end of June, BMW had 98,261 employees, according to the company's earnings report. That compared with 106,027 in June 2008, the company said. Hitt told The Greenville News that 3,000 local workers were eligible for the voluntary separation offers, including almost everybody that works in the production environment. Letters sent by the company, however, told the employees that the program was strictly voluntary. The plant, which makes the X5 and X6 sports activity vehicles, is the company's only North American manufacturing facility. BMW opted not to provide an earnings forecast for the rest of the year, citing the highly volatile state of the markets and uncertainty with regard to future developments. BMW said it doesn't expect sales to reach 2008's total of 53 billion euros. Deliveries to customers in the second half of this year, however, are expected to stop the downward trend registered in the first six months of 2009, the company said. Reithofer said in a conference call that BMW is standing its ground in a persistently difficult market as an independent car company that has a sound financial footing. The climate on the automotive markets remains tense, he said, and it is mainly the volume-car companies that benefit from current government-backed programs, like the scrappage bonuses in Germany and France. In large triad markets such as the United States, Japan and Western Europe, a downturn continues, Reithofer said. Even though some indicators suggest that the economic situation might improve in the second half of the year we remain cautious, he said. He also said he expects new models to help, including the new Z4, which has been on the market since May; the new all-wheel drive 7 Series to be launched this fall; and introduction of the M models of the X5 and X6 sports activity vehicles in September. This posting includes an audio/video/photo media file: Download Now |
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