Steel lightens up

Article Abstract:

Broken Hill Proprietary Company Ltd. (BHP) has joined 34 leading steelmakers to produce a revolutionary steel car body. The ultralight car frame will enable manufacturers to achieve better fuel consumption since the vehicle weight will be reduced. BHP and its partners have spent $28 mil on the project and intend to publicize the results for Holden, Ford, Toyota and Mitsubishi.

Innovations, Steel industry, Automobiles, Automobile bodies, BHP Billiton Ltd.

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Era of the mega-merger

Article Abstract:

The Jun 1998 merger between Daimler Benz and Chrysler is the largest auto industry merger in history. Some insiders predict that the 22 independent car manufacturers may shrink to 6 within a decade. Car makers are experiencing over capacity, more expensive and tough requirements, greater competition, and slimmer profits. Consequently, these developments make mergers appealing.

Mergers, acquisitions and divestments, Daimler-Benz AG, Chrysler Corp., C

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Moving forward

Article Abstract:

Australia is beginning to gain access to the international automobile market as the tariff walls begin to come down. Holden and Ford Australia will be key players in the global business. Holden has been named a GM design and engineering center, one of seven in the world.

Australia, International trade

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