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THE STAR: Chery getting savvy

INTERESTING WRITE-UP ABOUT THE DOMESTIC CAR MAKER CHERY. CHERY cars may not be as popular as those from Asian rivals like Toyota, Honda, Kia and Hyundai, but the Chinese carmaker is surely making strides in the right direction. Since embarking on its global expansion in 2003, Chery Auto Group, based in Wuhu in Anhui province, has exported 500,000 vehicles to more than 80 countries and regions.

BERNAMA: Malaysia May Benefit From Japanese Automotive's Tectonic Shift

Malaysia may be a beneficiary if Japanese automotive players decide to shift production hubs to more "tectonically" stable regions after the March 2011 tragedy, MIDF Research said Friday. "The scale of the earthquake ...

Good times roll for auto suppliers

Major auto suppliers blew past profit expectations on Friday, suggesting the recovery in the global auto market remains strong despite rising oil prices and the disaster in Japan. Goodyear Tire & Rubber Co (GT.N), powertrain maker American Axle and Manufacturing Holding Inc (AXL.N) and Lear Corp (LEA.N), which makes seating and electrical power management systems, posted first-quarter earnings that easily exceeded Wall Street estimates on improving global demand.

PATTAYA MAIL: Disaster in Japan slows car production in Thailand

Japanese car makers plan to cut their production in Thailand to 50 percent due to the shortage of imported parts caused by the devastation in Japan, according to the Ministry of Industry. After a meeting to assess impacts from the natural disaster in Japan on the Thai automotive industry, Permanent Secretary for Industry Withoon Simachokedee stated that all Japanese automakers, including Toyota, Honda, Nissan and Isuzu, would reduce their outputs from their bases in Thailand by 50 percent from now until June.

NY TIMES: A Japanese Plant Struggles to Produce a Critical Auto Part

A chain is just as strong as it's weakest link…. A modern car is a computer on wheels. The window openers, the dashboard navigation maps, the fuel injectors — these and many other operations are controlled by some of the 100 or so electronic systems in a typical car. No wonder the magnitude 9.0 earthquake that knocked out one of the world’s leading automotive computer-chip factories struck such a severe and lasting blow to the global auto industry.

THAI VEST: Thai auto output to be cut by 150,000 units

Thailand’s vehicle output from April through June could be slashed by as many as 150,000 units, leading to a Bt75billion loss in revenue, as all carmakers have to run at half capacity because of the disruption in the supply of parts from Japan. Wallop Tiasiri, director of the Thai Automotive Institute, said the revenue loss was based on the average carprice estimate of Bt500,000 a unit, and this would be shared by carmakers and local parts suppliers.

THE NATION: Somboon slahes production over crisis in Japan

Somboon Advance Technology (SAT), a leading local automotive-parts manufacturer, said yesterday that it had reduced production by 35 per cent as Japanese carmakers had cut their orders significantly. The tsunami in Japan last month has had a severe impact on carmakers because of a major shortage of components.