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	<title>Stock Blog Hub &#187; Magna International Inc.</title>
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		<title>(GM) Auto Industry Stock Outlook &#8211; Review &#8211; March 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/03/21/gm-auto-industry-stock-outlook-review-march-2012-industry-outlook/95992</link>
		<comments>http://www.stockbloghub.com/2012/03/21/gm-auto-industry-stock-outlook-review-march-2012-industry-outlook/95992#comments</comments>
		<pubDate>Wed, 21 Mar 2012 16:55:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Manufacturers - Major]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[American Axle & Manufacturing Holdings Inc]]></category>
		<category><![CDATA[AXL]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Goodyear Tire & Rubber Company]]></category>
		<category><![CDATA[GT]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[Meritor Incorporated]]></category>
		<category><![CDATA[MGA]]></category>
		<category><![CDATA[MTOR]]></category>
		<category><![CDATA[NISSAN MTR SPON AD]]></category>
		<category><![CDATA[NSANY]]></category>
		<category><![CDATA[SUP]]></category>
		<category><![CDATA[Superior Industries International Inc]]></category>
		<category><![CDATA[TEN]]></category>
		<category><![CDATA[Tenneco Inc.]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[TRW]]></category>
		<category><![CDATA[TRW Automotive Holdings Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=95992</guid>
		<description><![CDATA[The auto industry is highly concentrated. The top-10 global automakers account for roughly 80% of the worldwide production and nearly 90% of total vehicles sold in the U.S. In January-February 2012, General Motors Company (GM) led with a 18.3% market share in the U.S., followed by Ford Motor Co. (F) with a 15.3% market share, Toyota Motors Corp. (TM) with a 13.8% market share, Chrysler-Fiat with a 11.4% market share, and Honda Motor Co. (HMC) and Nissan Motor Co. (NSANY) at the last spots with 9.4% and 9.0% market shares, respectively. Due to a massive structural change after the global economic meltdown in 2008, the global auto industry is expected to be ruled by automakers and suppliers based in the six major auto markets: China, India, Japan, Korea, Western Europe ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/21/gm-auto-industry-stock-outlook-review-march-2012-industry-outlook/95992/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MGA) Magna International to Open Solar System Plant</title>
		<link>http://www.stockbloghub.com/2011/12/15/mga-magna-international-to-open-solar-system-plant/88598</link>
		<comments>http://www.stockbloghub.com/2011/12/15/mga-magna-international-to-open-solar-system-plant/88598#comments</comments>
		<pubDate>Thu, 15 Dec 2011 10:01:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Parts]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[American Strategic Income Portfolio III]]></category>
		<category><![CDATA[CSP]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[MGA]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88598</guid>
		<description><![CDATA[Magna International Inc. (MGA) revealed that its body and chassis systems operating unit, Cosma International, would open a solar component manufacturing facility in Phoenix, Arizona that will strengthen its position in the renewable energy market. The 166,000-square-foot facility, called Cosma Power Systems, will manufacture metal structures and roll-formed components and systems for the photovoltaic (PV), concentrated photovoltaic (CPV), and concentrated solar power (CSP) for the solar market. It is expected to begin production this month, employing 50-60 full-time workers. Cosma International manufactures a comprehensive range of metal body systems, components, assemblies and modules for major automakers including General Motors (GM), Honda Motor (HMC), Hyundai/Kia, Jaguar, Mercedes-Benz Smart, Mitsubishi, Porsche, PSA Peugeot Citroen, Renault-Nissan, Subaru, Suzuki, Toyota Motor (TM) and Audi. However, Cosma has recently started expanding in the non-automotive markets, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/15/mga-magna-international-to-open-solar-system-plant/88598/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GM) Auto Industry Stock Outlook and Review &#8211; December 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/12/02/gm-auto-industry-stock-outlook-and-review-december-2011-industry-outlook/87915</link>
		<comments>http://www.stockbloghub.com/2011/12/02/gm-auto-industry-stock-outlook-and-review-december-2011-industry-outlook/87915#comments</comments>
		<pubDate>Fri, 02 Dec 2011 16:20:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Manufacturers - Major]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[American Axle & Manufacturing Holdings Inc]]></category>
		<category><![CDATA[AXL]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Goodyear Tire & Rubber Company]]></category>
		<category><![CDATA[GT]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[MGA]]></category>
		<category><![CDATA[NISSAN MTR SPON AD]]></category>
		<category><![CDATA[NSANY]]></category>
		<category><![CDATA[SUP]]></category>
		<category><![CDATA[Superior Industries International Inc]]></category>
		<category><![CDATA[Tata Motors Limited]]></category>
		<category><![CDATA[TEN]]></category>
		<category><![CDATA[Tenneco Inc.]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[TRW]]></category>
		<category><![CDATA[TRW Automotive Holdings Corporation]]></category>
		<category><![CDATA[TTM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87915</guid>
		<description><![CDATA[The auto industry is highly concentrated. About 10 global automakers account for over 77% of the production worldwide and 13 automakers account for more than 90% of total vehicles sold in the U.S. In the first 10 months of 2011, General Motors Company (GM) led with a 19.8% market share in the U.S., followed by Ford Motor Co. (F) with a 16.8% market share, Toyota Motors Corp. (TM) with a 12.6% market share, Chrysler-Fiat with a 10.7% market share, replacing Honda Motor Co. (HMC) and Nissan Motor Co. (NSANY) at the last spots with 9.1% and 8.1% market shares, respectively. The global economic meltdown in 2008 provided an impetus to massive structural changes in the auto industry, setting the stage for growth over the next decade. Given the high barriers ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/02/gm-auto-industry-stock-outlook-and-review-december-2011-industry-outlook/87915/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GM) Auto Industry Stock Outlook &#8211; August 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/08/26/gm-auto-industry-stock-outlook-august-2011-industry-outlook/82164</link>
		<comments>http://www.stockbloghub.com/2011/08/26/gm-auto-industry-stock-outlook-august-2011-industry-outlook/82164#comments</comments>
		<pubDate>Fri, 26 Aug 2011 22:22:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Manufacturers - Major]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[American Axle & Manufacturing Holdings Inc]]></category>
		<category><![CDATA[ARM]]></category>
		<category><![CDATA[ArvinMeritor Inc.]]></category>
		<category><![CDATA[AXL]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Goodyear Tire & Rubber Company]]></category>
		<category><![CDATA[GT]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[MGA]]></category>
		<category><![CDATA[NISSAN MTR SPON AD]]></category>
		<category><![CDATA[NSANY]]></category>
		<category><![CDATA[SUP]]></category>
		<category><![CDATA[Superior Industries International Inc]]></category>
		<category><![CDATA[Tata Motors Limited]]></category>
		<category><![CDATA[TEN]]></category>
		<category><![CDATA[Tenneco Inc.]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[TRW]]></category>
		<category><![CDATA[TRW Automotive Holdings Corporation]]></category>
		<category><![CDATA[TTM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82164</guid>
		<description><![CDATA[The auto industry is highly concentrated. About 10 global automakers account for over 77% of the production worldwide and 13 automakers account for more than 90% of total vehicles sold in the U.S. In the first 7 months of 2011, General Motors Company (GM) led with a 20% market share in the U.S., followed by Ford Motor Co. (F) with a 16.9% market share, Toyota Motors Corp. (TM) with a 12.8% market share, Chrysler-Fiat with a 10.2% market share, replacing Honda Motor Co. (HMC) and Nissan Motor Co. (NSANY) at the last spots with 9.3% and 8.0% market shares, respectively. The global economic meltdown in 2008 provided an impetus to a massive structural change in the auto industry, setting the stage for growth over the next decade. Given the high ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/26/gm-auto-industry-stock-outlook-august-2011-industry-outlook/82164/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DAN) Meritor Gets New General Managers</title>
		<link>http://www.stockbloghub.com/2011/06/14/dan-meritor-gets-new-general-managers/75406</link>
		<comments>http://www.stockbloghub.com/2011/06/14/dan-meritor-gets-new-general-managers/75406#comments</comments>
		<pubDate>Tue, 14 Jun 2011 18:55:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Parts]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[BorgWarner Inc.]]></category>
		<category><![CDATA[BWA]]></category>
		<category><![CDATA[DAN]]></category>
		<category><![CDATA[Dana Holding Corporation]]></category>
		<category><![CDATA[Ingersoll-Rand Company Limited]]></category>
		<category><![CDATA[IR]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[MGA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75406</guid>
		<description><![CDATA[Meritor Inc. (MTOR) recently appointed Matthew Stevenson as the General Manager of North American Field Operations &#38; Marketing and John Nelligan as the General Manager of OEM Sales &#38; National Accounts. Both Stevenson and Nelligan will be directly reporting to Joe Plomin, the Vice President of Truck Americas, Meritor. Stevenson will manage and administer the North America field sales team, service, training, fleet and dealer relationships and Meritor WABCO field sales. Further, he will have significant responsibilities toward product marketing in North America. On the other hand, Nelligan will be responsible for the company’s OEM customers in North America as well as Meritor’s large national accounts. Stevenson has been working in the commercial truck industry since 1997. He joined Meritor in 2010 and since then he held an important position ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/14/dan-meritor-gets-new-general-managers/75406/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GM) Auto Industry Outlook and Review &#8211; May 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/05/24/gm-auto-industry-outlook-and-review-may-2011-industry-outlook/74839</link>
		<comments>http://www.stockbloghub.com/2011/05/24/gm-auto-industry-outlook-and-review-may-2011-industry-outlook/74839#comments</comments>
		<pubDate>Tue, 24 May 2011 22:34:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Manufacturers - Major]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[American Axle & Manufacturing Holdings Inc]]></category>
		<category><![CDATA[ARM]]></category>
		<category><![CDATA[ArvinMeritor Inc.]]></category>
		<category><![CDATA[AXL]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Goodyear Tire & Rubber Company]]></category>
		<category><![CDATA[GT]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[JCI]]></category>
		<category><![CDATA[Johnson Controls Inc.]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[MGA]]></category>
		<category><![CDATA[NISSAN MTR SPON AD]]></category>
		<category><![CDATA[NSANY]]></category>
		<category><![CDATA[SUP]]></category>
		<category><![CDATA[Superior Industries International Inc]]></category>
		<category><![CDATA[Tata Motors Limited]]></category>
		<category><![CDATA[TEN]]></category>
		<category><![CDATA[Tenneco Inc.]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[TRW]]></category>
		<category><![CDATA[TRW Automotive Holdings Corporation]]></category>
		<category><![CDATA[TTM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74839</guid>
		<description><![CDATA[The auto industry is highly concentrated, with the top 10 global automakers accounting for over 77% of production worldwide. In the first four months of 2011, General Motors Company (GM) led with a 19.6% market share in the U.S., followed by Ford Motor Co. (F) with a 16.2% market share, Toyota Motors Corp. (TM) with a 14.1% market share, Honda Motor Co. (HMC) with a 10.3% market share, Chrysler-Fiat with a 9.6% market share and Nissan Motor Co. (NSANY) with a 8.5% market share. The recent economic crisis provided the impetus for a massive structural change in the auto industry, setting the stage for growth over the next decade. Given the high barriers to entry and the need for scale economies (in operations, supply chain and marketing), the global auto ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/24/gm-auto-industry-outlook-and-review-may-2011-industry-outlook/74839/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TRW) TRW Automotive Holdings Announces New Vacuum Sensor</title>
		<link>http://www.stockbloghub.com/2011/04/19/trw-trw-automotive-holdings-announces-new-vacuum-sensor/71814</link>
		<comments>http://www.stockbloghub.com/2011/04/19/trw-trw-automotive-holdings-announces-new-vacuum-sensor/71814#comments</comments>
		<pubDate>Tue, 19 Apr 2011 19:32:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Parts]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[El Paso Pipeline Partners L.P.]]></category>
		<category><![CDATA[EPB]]></category>
		<category><![CDATA[JCI]]></category>
		<category><![CDATA[Johnson Controls Inc.]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[MGA]]></category>
		<category><![CDATA[NAV]]></category>
		<category><![CDATA[Navistar International Corporation]]></category>
		<category><![CDATA[TRW]]></category>
		<category><![CDATA[TRW Automotive Holdings Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71814</guid>
		<description><![CDATA[TRW Automotive Holdings Corp. (TRW) announced the launch of a new vacuum sensor that will measure and report the level of vacuum in the brake booster. Brake boosters and master cylinders are integral parts of brake actuation systems produced by TRW. These brake actuation systems are typically used with traditional internal combustion engines that generate significant volumes of vacuum. The vacuum helps to amplify the brake force to increase the pressure of the brake fluid and actuate the brakes. The product, which is scheduled for launch in 2013, is expected to see substantial demand from vehicle owners because of reliable and flexible configuration, enhanced performance capability, packaging and lower pricing. Last month, TRW also announced an upgraded version of Electric Park Brake (EPB) system, that will enable users to enjoy ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/19/trw-trw-automotive-holdings-announces-new-vacuum-sensor/71814/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TRW) TRW Automotive Holdings Gears Up with New Brake</title>
		<link>http://www.stockbloghub.com/2011/04/10/trw-trw-automotive-holdings-gears-up-with-new-brake/70325</link>
		<comments>http://www.stockbloghub.com/2011/04/10/trw-trw-automotive-holdings-gears-up-with-new-brake/70325#comments</comments>
		<pubDate>Mon, 11 Apr 2011 02:57:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Parts]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[El Paso Pipeline Partners L.P.]]></category>
		<category><![CDATA[EPB]]></category>
		<category><![CDATA[JCI]]></category>
		<category><![CDATA[Johnson Controls Inc.]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[MGA]]></category>
		<category><![CDATA[NAV]]></category>
		<category><![CDATA[Navistar International Corporation]]></category>
		<category><![CDATA[TRW]]></category>
		<category><![CDATA[TRW Automotive Holdings Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70325</guid>
		<description><![CDATA[TRW Automotive Holdings Corp. (TRW) introduced its upgraded Electric Park Brake (EPB) system for front axles of a wide range of vehicles. The new development will enable users to enjoy a wide range of safety benefits and improve performance of the braking system in case of acute emergency. The new application requires a simple vehicle assembly that does away shoe actuators, linkages, fixing devices, cables or even the handbrake lever, thereby reducing cost, space crunch and weight of the rear drum brake systems. Rather a set of comfort and safety features can be inserted, including hill and drive away assist, electronically controlled deceleration (ECD) rollaway detection and premium stand still management to support &#8216;stop and go&#8217; and &#8216;auto hold&#8217; functions. The general trend among vehicle manufacturers until recently has been ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/10/trw-trw-automotive-holdings-gears-up-with-new-brake/70325/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(F) Auto Industry Outlook and Review &#8211; March 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/03/11/f-auto-industry-outlook-and-review-march-2011-industry-outlook/68546</link>
		<comments>http://www.stockbloghub.com/2011/03/11/f-auto-industry-outlook-and-review-march-2011-industry-outlook/68546#comments</comments>
		<pubDate>Fri, 11 Mar 2011 14:40:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Manufacturers - Major]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[American Axle & Manufacturing Holdings Inc]]></category>
		<category><![CDATA[ARM]]></category>
		<category><![CDATA[ArvinMeritor Inc.]]></category>
		<category><![CDATA[AXL]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[Goodyear Tire & Rubber Company]]></category>
		<category><![CDATA[GT]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[JCI]]></category>
		<category><![CDATA[Johnson Controls Inc.]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[MGA]]></category>
		<category><![CDATA[NISSAN MTR SPON AD]]></category>
		<category><![CDATA[NSANY]]></category>
		<category><![CDATA[SUP]]></category>
		<category><![CDATA[Superior Industries International Inc]]></category>
		<category><![CDATA[Tata Motors Limited]]></category>
		<category><![CDATA[TEN]]></category>
		<category><![CDATA[Tenneco Inc.]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[TRW]]></category>
		<category><![CDATA[TRW Automotive Holdings Corporation]]></category>
		<category><![CDATA[TTM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68546</guid>
		<description><![CDATA[The auto industry is a highly concentrated one, with roughly 10 global automakers accounting for over 77% of total production worldwide. In 2010, General Motors Company (GM) led with a 19.1% market share in the U.S., followed by Ford Motor Co. (F) with a 16.7% market share, Toyota Motors Corp. (TM) with a 15.2% market share, Honda Motor Co. (HMC) with a 10.6% market share, Chrysler-Fiat with a 9.4% market share and Nissan Motor Co. (NSANY) with a 7.8% market share. The economic downturn provided the impetus for a massive structural change in the auto industry, setting the stage for growth over the next decade. Given the high barriers to entry and the need for scale economies (in operations, supply chain and marketing), the global auto industry landscape is expected ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/11/f-auto-industry-outlook-and-review-march-2011-industry-outlook/68546/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GM) Automotive Industry &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2009/05/01/gm-automotive-industry-industry-outlook/6459</link>
		<comments>http://www.stockbloghub.com/2009/05/01/gm-automotive-industry-industry-outlook/6459#comments</comments>
		<pubDate>Fri, 01 May 2009 21:34:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Manufacturers - Major]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[American Axle & Manufacturing]]></category>
		<category><![CDATA[AXL]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[General Motors Corporation]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[LEA]]></category>
		<category><![CDATA[Lear Corp.]]></category>
		<category><![CDATA[Magna International Inc.]]></category>
		<category><![CDATA[MGA]]></category>

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		<description><![CDATA[AUTOS: CHANGES TO COME The auto industry is on the verge of significant changes. CHRYSLER Chrysler filed for bankruptcy as debt holders rejected an offer to take a 15% stake in the restructured company. The Treasury reached a deal earlier this week with four banks that hold the majority of Chrysler&#8217;s debt in return for $2 billion in cash. However, 40 hedge funds that hold roughly 30 percent of that debt also needed to sign on for the deal to go through. The Treasury Department and the four banks tried to persuade the hedge funds to take a sweetened deal of $2.25 billion in cash. However, the deal ultimately fell through. An announcement of a merger with Fiat was made. Facilities will be temporarily shut until the deal is consummated. ]]></description>
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