| Toyota Builds Thicket of Patents Around Hybrid To Block Competitors |
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--(www.FinancialNewsUSA.com)-- 07/02/2009 - Auto Manufacturers industry news provided by Financial News USA. Welcome, Logout My Account My Journal Help Message Center ( new) U.S. Edition WSJ.com is available in the following editions and languages: The username entered is already associated with another account. Please enter a different username Keep me logged in. Forgot your password? Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com The Obama administration's tough new fuel-efficiency standards could pose problems for some car makers, but Toyota Motor Corp. is hoping to benefit. The Japanese company is betting the rules will give an advantage to its expanding lineup of hybrid vehicles, and it also aims to boost revenue by licensing to other car makers the patents that protect its fuel-saving technologies. [Read the full article] Welcome, Logout My Account My Journal Help Message Center ( new) U.S. Edition WSJ.com is available in the following editions and languages: The username entered is already associated with another account. Please enter a different username Keep me logged in. Forgot your password? Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com The three biggest car makers in America called a bottom to the long decline in U.S. auto sales as the industry reported its smallest monthly sales drop this year. New-vehicle sales in June fell 28% from a year earlier to 860,000 cars and light trucks, according to the market-research firm Autodata Corp. That would be the smallest decline in any month this year. [Read the full article] Let me start with car manufacturers. Though I think this economy - due to excessive debt levels - will be in a funk for years to come, at some point people need to buy a new car. There is just so long keeping the old one where maintenance is not too expensive before you have to move up and there are just so many late model used cars out there. A local dealership is advertising for late model used autos, even if you are not buying a new car from them, so I have to assume folks with older vehicles that are too expensive to maintain are looking for more recent vintage used vehicles because they cannot afford new ones. This will push buyers up the list eventually to buying new vehicles. There are an increasingly small number of used cars to go around. Think about it, as Calculated Risk points out, we have twice the drivers we did in 1967 but sales of new autos are the same or less than then. Obviously this cannot continue for long. [Read the full article] WASHINGTON (AP) -- Orders to U.S. factories likely rose in May, reflecting strength in such areas as commercial aircraft and a key category that is viewed as a proxy for business investment. Economists surveyed by Thomson Reuters expect factory orders rose 0.8 percent in May after a 0.7 percent increase in April. The Commerce Department will release the report Thursday at 10 a.m. EDT. The report on factory orders covers both durable goods, items expected to last at least three years, and nondurable goods such as food, paper and chemicals. The government last week reported that durable goods orders rose 1.8 percent in May, according to an advance report which will be revised Thursday. The 1.8 percent preliminary reading on durable goods surprised analysts. They had expected a 0.6 percent decline. The gain matched the rise in April with both months posting the best performance since December 2007, when the recession began. [Read the full article] About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com. 
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