| Globacom partners Abuja Chamber of Commerce on Fair | | Posted Monday, January 29, 2007 12:45:52 PM by Blog57 Team | | Indications have emerged that the Second National Operator, Globacom, may partner with the Abuja Chamber of Commerce, Industries, Mines and Agriculture (ABJCCIMA) to ensure a successful 2nd edition of the Abuja International Trade Fair, next week. The partnership according to Globacom sources, is more exciting as it coincides with its first ever participation at the Abuja Fair, adding that Glo would gladly work with the Chamber and its consultant, Datacorp, for the success of the Fair. Commenting on the benefits Glo was going to give to the fair, the company's Chief Operating Officer, Mr Mohammed Jameel said that with the company's newly launched brand expression, “Rule Your World", participants at the fair can rule their world as they would surely soar higher with Globacom's array of products and services at the Fair .... | |
| |
| | | German car registration data inflated in 2006 -KBA | | Posted Tuesday, January 23, 2007 2:45:45 PM by Blog57 Team | | FRANKFURT, Jan 22 (Reuters) - New cars registered in Germany for less than a month, so-called short-term registrations, declined by almost 2.4 percent to 128,736 units in 2006, German motor vehicles department KBA said on Monday. This represented a share of 3.7 percent of the total 3.47 million new cars registered last year in Germany, data showed. "At the end of the months and at the end of the year there were a lot of short-term registrations reported in particular," the KBA said in a statement. These types of registrations typically indicate sales figures were inflated to meet targets and can thus be stripped out to determine a figure closer to actual physical demand. Foreign carmakers including France's PSA Peugeot Citroen and Japanese rival Honda once again made liberal use of short-term registrations.... | |
| |
| | | Long-awaited Kia groundbreaking cheered in West Georgia | | Posted Wednesday, October 25, 2006 2:46:08 AM by Blog57 Team | | WEST POINT, Ga. - Officials from Georgia and Korea hailed the development of Kia Motors Corporation's one-point-two billion dollar auto plant in West Point as an economic boon for the Southeast as they turned over ceremonial shovels full of sand Friday near the Georgia-Alabama line. Although the ceremony was celebrated as a groundbreaking, the two thousand-acre, red clay site was cleared months ago. On the hillsides surrounding the area, earth moving equipment was in constant motion as people gathered. Kia corporate leaders mingled with elected officials and citizens from Georgia and Alabama beneath two large temporary buildings topped with tent-like roofs. The long-awaited step forward on the auto plant was seen as a sign of hope and opportunity in a rural region along the Chattahoochee River that has suffered from the decline of the textile industry.... | |
| |
| | | South Korea's September Exports Climb to a Record (Update1) | | Posted Monday, October 02, 2006 2:45:48 AM by Blog57 Team | | Oct. 1 (Bloomberg) -- South Korea's exports climbed a better-than-expected 22.1 percent to a record in September, boosted rising sales of cars and chips. Overseas shipments rose to $29.9 billion last month, the Ministry of Commerce, Industry and Energy said. Exports were estimated to rise 18.6 percent, according to the median forecast of 11 economists surveyed by Bloomberg News. Rising exports may drive a rebound in the South Korean economy from its slowest expansion in a year in the second quarter, helping sustain growth as consumer spending and construction slow. Overseas shipments make up about 40 percent of Asia's third-largest economy and have fueled 13 straight quarters of growth. ``Automobile exports have been normalized and a rise in chip prices helped boost shipments,'' Kim Seng Hyun, an economist at Woori Investment & Securities Co.... | |
| |
| | | Group 1 Automotive Acquires Four Additional Import Stores | | Posted Friday, September 01, 2006 8:46:02 AM by Blog57 Team | | Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotiveretailer, today announced it has expanded its presence in theSoutheast by acquiring the Pat Peck Honda, Kia and Nissan dealershipsin Gulfport, Miss., and the Pat Peck Nissan dealership in Mobile, Ala.The four dealerships are expected to generate approximately $176.0million in annual revenues. "These acquisitions expand our geographic presence in thefast-growing Gulf Coast region and further increase our importofferings," said Earl J. Hesterberg, Group 1's president and chiefexecutive officer. "We will continue to look for opportunities thatwill increase our import/luxury brand mix in existing and new marketareas and add value for our shareholders." Year to date, Group 1 has acquired 11 franchises that are expectedto generate $579.2 million in estimated annual revenues, including twoToyota/Scion, three Nissan, and Lexus, Honda, Kia and Suzukifranchises.... | |
| |
| | | Automotive supplier plans to open $12M expansion by early next year | | Posted Wednesday, August 30, 2006 10:46:13 PM by Blog57 Team | | The flood of nearly 3,000 applications for about 230 positions at a Tower Automotive plant in Meridian could be the proof east Mississippi can support an auto plant. Tower, a manufacturer of steel sub assemblies for cars, vans and trucks, already is operating with just about 100 employees in a revamped Meridian building. But contractors are constructing a second, $12 million building, which the company wants to open early next year. The near miss of landing Kia Motor Inc.'s first U.S. plant this spring is still fresh in developers' minds. And attracting auto suppliers, such as Tower, might elevate Meridian's chances should another automaker come looking. "There's no doubt that by building a supplier base and showing that you have the work force for technical assembly, that should make us more attractive to more plants and larger plants," said Wade Jones, president of the East Mississippi Business Development Corp.... | |
| |
| | | Britain donates 814 KIA cars to Iraqi police forces | | Posted Wednesday, August 09, 2006 12:45:56 PM by Blog57 Team | | KUWAIT: The last batch of 814 new KIA cars-a donation to the Iraqi Police Service funded by the British Government-were handed over by the British army yesterday at a press conference hosted by KIA Motors Kuwait in their showroom in Al-Rai. The KIA Motors Corporation sold 485 Opirus and 329 Sorento cars to the British Government who are donating them to the Iraqi Security Forces. On the occasion, Stuart Laing, the British ambassador to Kuwait addressed KIA officials, guests, journalists and British military representatives. "It gives me great pleasure to announce that British forces in Basra are handing over 800 new police cars to the Iraqi Police Service. I am happily representing the General Officer Commanding of Multi-National Division (South East) Maj Gen Cooper, who is heavily involved in the transition to Provincial Iraqi Control of Muthanna.... | |
| |
| | | Lincoln Zephyr sub-par in crash test | | Posted Tuesday, August 08, 2006 2:45:52 AM by Blog57 Team | | The redesigned 2007 Toyota Camry earned the top score of "Good" in side and front crash tests performed by the Insurance Institute for Highway safety. Crash test results for the Camry, Dodge Caliber, Kia Optima, Lincoln Zephyr, Toyota Rav4, Hyundai Tucson and Kia Sportage were released Sunday night. .... | |
| |
| | | Spy Shot: BMW 1-Series spotted in San Fran | | Posted Monday, July 17, 2006 12:45:53 PM by Blog57 Team | | Hoo baby, it's almost a dream-come-true... Autoblog reader Judd pointed us in the direction of this photo taken of a BMW 1-series, sans most of its badging, in San Francisco. BMW has thus far denied that it will bring the much-coveted hatch to the U.S. due to poor currency conditions on this side of the pond, though many in the industry speculate that the vehicle may come over in coupe and convertible form in a few years. While we can't say one way or another that this picture means anything, it's nice to dream, isn't it? [Source: http://tinyurl.co.uk/e2tc] .... | |
| |
| | | Amanfuo - Cocaine, cocaine everywhere in the belly | | Posted Sunday, July 16, 2006 2:46:01 AM by Blog57 Team | | Amanfuo, it was a hot Tuesday afternoon when on my way to the local "McDonalds" I saw a policeman busy distributing an incident poster which appeared to have the picture and dress of a black woman on it. As I drew closer I heard him telling a shop owner that this woman in the picture was a drug mole or courier who arrived from Ghana about two weeks ago with cocaine embedded in her belly. That the Ghana government has refused to take the body as no one had come forward to claim it, hence the appeal now going around. The shop owner asked surprisingly again "where did you say she came from again?" The policeman answered "Ghana". Amanfuo at that moment I had to bow my head in shame. I asked the policeman to give me a copy which I have posted on the net today. Amanfuo in far away Sutton in Surrey, a relatively quiet town the size of Kokrobitey, the name of the mighty nation is being dragged through the mud in circumstances that remains unclear.... | |
| |
| |
|
|
