More carmakers caught in headlights of VW engine-rigging scandal

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Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

Volkswagen emissions scandal

Iran's 'catastrophic mistake': Speculation, pressure, then admission

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Analsyts say it is irresponsible to link the crash of a Ukraine International Airline Boeing 737-800 to the 737 MAX accidents (AFP Photo/INA FASSBENDER)

Missing MH370 likely to have disintegrated mid-flight: experts

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A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

Leaders see horror of French Alps crash as probe gathers pace

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Thursday, February 12, 2009

January auto sales fall on economic slump

The Jakarta Post, JAKARTA | Thu, 02/12/2009 10:24 AM   

Sales of new cars, vans and trucks declined in January on the slowdown in economic growth which dampened local purchasing power. 

According to data from PT Toyota Astra Motor and the Indonesian Automotive Industry Association (Gaikindo) auto sales dipped 24 percent to 32,167 units compared to 42,489 in the same period of last year.

Toyota. with its Avanza van, secured around 39,7 percent of  market share, up from 32.3 percent a year earlier. 

“This early part of the year performance is satisfactory given the current unstable economic conditions,” said Toyota-Astra president director Johnny Darmawan.

Gaikindo forecasts sales of cars, trucks and vans will decline by 32 percent to around 405,000 units this year from 603,774  last year as the full impact of the global  economic downturn hits Southeast Asia’s largest economy.


About 80 percent of Indonesian car, van and truck sales are for vehicles from Japanese manufacturers.

Finance Minister Sri Mulyani Indrawati forecasts that the economy will grow this year by between 4.7 and 5.5 percent, at the most. 

The automotive industry is forecast to be hit hard by weakening demand, with Gaikindo chairman Bambang Trisulo having said earlier that the economy had to grow by 5 percent and inflation had to stay below 8 percent if sales were to reach the median target of 400,000 units.

Bank Indonesia (BI) has been slashing its benchmark interest rates to boost consumer purchasing power, which normally propels more than 70 percent of the economy.

BI recently cut its benchmark interest rate by 50 basis points to 8.25 percent, earlier this month.

Industry players, however, believed BI’s move would not have a considerable impact until the second semester of this year when purchasing power recovery is expected to start to pick up.

More than 80 percent of Indonesian consumers purchase motor vehicles through financing firms, with most of these clients  now believed to be facing some difficulties in paying monthly instalments on time.

Shares of PT Astra International,  the country’s largest auto assembler and distributor, dropped by 6 percent on Wednesday’s trading down to Rp 10,900 from Rp 11,650.

Astra’s closest rival PT Indomobil Sukses International ended unchanged at Rp 1,200.

Last year, automotive companies  aggressively expanded to commodity-rich areas outside Java to profit from the commodity boom. But as the global prices of commodities plunged towards the end of last year, business turned down as well.

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