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Posts tagged ‘Honda’

Army foils B’Haram attack on Yobe church.


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Special Forces from Division ‘3’ of the Nigerian Army foiled what would have been a devastating attack on a major new generation church situated in Jerusalem Area of Damaturu.

The suspect was said to have been driving towards the church from a bush path when he ran into a military blockade and was arrested.

It was learnt that the soldiers who arrested him recovered one AK 47 assault rifle, and three Improvised Explosive devices from him.

“The man tried to attack some churches at the Jerusalem area of the city where there are many churches.

“He thought he could drive straight from the bush into the church but couldn’t because of the many barricades.

“The soldiers on duty were able to stop him, searched him and arrested him when they found the explosives and the AK 47 in his Honda car.”

It was further gathered that three Boko Haram members were arrested in the evening of Saturday at Jango, a red light area of Damaturu.

It was learnt that the three terror suspects one of whom was injured were said to have been arrested with their AK 47.

A source said that their arrest and shootings in the area led to a stampede as the clients of the prostitutes and people fled in different direction.

When our correspondent contacted the spokesperson of the ‘3’ Division of the Nigerian Army Special Operation Battalion, Lt. Eli Lazarus, he said he was not aware of the developments.

Source: Radio Biafra.

Economy, year-end sales help auto industry in 2012.


  • In this Wednesday, Dec. 5, 2012, photo, Honda Civic and Honda CRVs are seen outside of a Honda car dealership in Des Plaines, Ill. The U.S. auto industry ended 2012 on a high note, with December sales the strongest they have been since before the recession. Analysts predict an even bigger year in 2013, as a stronger economy, low-interest rates, aging cars on the road and competitive new products continue to draw buyers to dealerships. (AP Photo/Nam Y. Huh)

    Enlarge PhotoAssociated Press/Nam Y. Huh – In this Wednesday, Dec. 5, 2012, photo, Honda Civic and Honda CRVs are seen outside of a Honda car dealership in Des Plaines, Ill. The U.S. auto industry ended 2012 on a high note, …more 

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DETROIT (AP) — A steadily improving economy and strong December sales lifted the American auto industry to its best performance in five years in 2012, especially for Volkswagen and Japanese-brand vehicles, and experts say the next year should be even better.

Carmakers on Thursday announced their final figures, which totaled 14.5 million — 13 percent better than 2011.

More than three years after the federal government’s $62 billion auto-industry bailout, Americans had plenty of incentive to buy new cars and trucks in the year just ended.

Unemployment eased. Home sales and prices rose. And the average age of a car topped 11 years in the U.S., a record that spurred people to trade in old vehicles. Banks made that easier by offering low interest rates and greater access to loans, even for buyers with lousy credit.

“The U.S. light vehicle sales market continues to be a bright spot in the tremulous global environment,” said Jeff Schuster, senior vice president of forecasting for LMC Automotive, a Detroit-area industry forecasting firm.

Sales were far better than the bleak days after the U.S. economy tanked and GM and Chrysler sought bankruptcy protection. Back then, sales fell to a 30-year low of 10.4 million, and they are still far short of the recent peak of around 17 million set in 2005.

The best part of 2012 came at the end, when special deals on pickup trucks and the usual round of sparkling holiday ads helped December sales jump 9 percent to more than 1.3 million, according to Autodata Corp. That translates to an annual rate of 15.4 million, making December the strongest month of the year.

Volkswagen led all major automakers with sales up a staggering 35 percent, led by the redesigned Passat midsize sedan. VW sold more than five times as many Passats last year as it did in 2011.

Jesse Toprak, vice president of industry trends for TrueCar, said VW has the right mix of value and attractive vehicles and called the company “the force to watch in the next several years in the U.S. market.”

Toyota, which has recovered from the earthquake and tsunami in Japan that crimped its factories two years ago, saw sales jump 27 percent for 2012. December sales were up 9 percent. Unlike 2011, the company had plenty of new cars on dealer lots for most of last year.

Honda sales rose 24 percent for the year. Nissan and Infiniti sales were up nearly 10 percent as the Nissan brand topped 1 million in annual sales for the first time. Hyundai sales rose 9 percent for the year to just over 703,000, the Korean automaker’s best year in the U.S.

Chrysler, the smallest of the Detroit carmakers, had the best year among U.S. companies. Its sales jumped 21 percent for the year and 10 percent in December. Demand was led by the Jeep Grand Cherokee SUV, Ram pickup and Chrysler 300 luxury sedan.

But full-year sales at Ford and General Motors lagged. Ford edged up 5 percent and GM rose only 3.7 percent for the year. For December, Ford was up 2 percent and GM up 5 percent.

GM executives said the company has the oldest model lineup in the industry, yet it still posted a sales increase and commanded high prices for cars and trucks. The company plans to refurbish 70 percent of its North American models in the next 18 months and expects to boost sales this year.

North American President Mark Reuss said the company won’t give away cars and trucks with discounts like it has in the past, especially in the midst of its biggest product update ever.

“Give us 18 months and you’re going to see the whole portfolio turned,” Reuss said.

Even though the congressional deal to avoid the fiscal cliff deal raised tax rates on the wealthiest Americans, Ford said it doesn’t see a huge impact on auto sales.

Its chief economist, Ellen Hughes-Cromwick, said only 2 percent of new-vehicle buyers have income in that upper tax bracket, and they tend to purchase even if there is a change in after-tax income.

She said Ford is more concerned about an increase in the payroll tax, which is scheduled to climb to 6.2 percent this year from 4.2 percent in 2011 and 2012. That amounts to a $1,000 to $1,500 tax increase per household, she said.

“We will look at that closely because it will crimp spending in the months ahead,” she said.

December featured year-end deals on GM’s big pickup trucks. The company offered discounts up to $9,000 to help clear growing inventory, and it worked. GM cut its full-size pickup supply by more than 20,000 in December to about 222,000.

Overall, though, analysts said the industry eased up on promotions such as rebates and low-interest financing. Car and truck buyers paid an average of $31,228 per vehicle last month, up 1.8 percent from December 2011.

The Polk auto research firm predicted even stronger U.S. sales for 2013, forecasting 15.3 million vehicle sales as the economy continues to improve. Polk, based in Southfield, Mich., expects 43 new models to be introduced, up 50 percent from last year. New models usually boost sales.

The firm also predicts a rebound in sales of large pickups and midsize cars. All eight of the top manufacturers are introducing new vehicles, and that should bring competition and lower prices in those segments, according to Tom Libby, lead North American analyst for Polk.

But the firm’s optimistic forecasts hinge on Washington reaching an agreement on government debt limits and spending cuts.

Source: YAHOO NEWS.

By TOM KRISHER and DEE-ANN DURBIN | Associated Press

The Presidential Debate: Foreign Policy and Your Wallet.


The third and final Presidential debate of 2012 takes place tonight at 9pm. The format is that of the first debate with Bob Schieffer replacing Jim Lehrer. The topic is foreign policy. Based on an aggregation of the polls the race is a dead heat with 15 days until November 6. The winner tonight could very well determine which man will be what was once called without irony The Leader of the Free World.

Libya, Benghazi, Afghanistan and, of course, Iran’s obvious efforts to produce nuclear weaponry will all be addressed. Also on the agenda will be military budgets and the function and creation of what seems to be a drone army the U.S. is using to hunt terrorists. While these are critical to our long-term national security they are also thorny, complicated matters on which the two men share many of the same views. America doesn’t want a debate focused on the nuances of precisely what “Leave Afghanistan in/ by/ around 2014” might mean and both candidates know it. At some point tonight’s battle will return to trade and that means China.

If the country is too economically weak to take care of itself military might is a luxury. If we have jobs we are unstoppable. The perception is that our jobs have been “outsourced to China.” Tonight Mitt Romney and President Obama will each try to convince voters that they are they have a plan to bring those jobs home.

Getting tough on China

Robert O’Brien a foreign policy adviser to the Romney campaign told Breakout last March that China was pushing the U.S. around like a tourist. In our recent conversation he reiterated that point, arguing Chinese currency manipulation, copyright policy and outright design theft from our aerospace and defense industries were putting the U.S. at a disadvantage and accelerating the rate at which China is gaining on the U.S. economically.

“They’ve had a long period where they haven’t played by the rules,” O’Brien says, adding, “If they want access to our markets, if they want to trade with us they’ve got to do it fairly.” What fairly and tough mean are also subject to significant interpretation. The truth is China needs the U.S. as much as we need them. Both nations will fight fiercely for the edge within that relationship but the nations need one another and they know it.

All Foreign Policy is Domestic

Middle Class jobs “want” to come back to the U.S. To a certain extent they already are. Airbus, Honda (HMC), Boeing (BA) and Ford (F) are all building and expanding plants in the U.S. and American workers are educated and hungry. The issue has been the dramatically lower cost of foreign labor. Chinese scandals and the growth of their middle class are raising the cost of doing business abroad. The job of the next President is driving down the cost of doing business in America, not through driving down salaries but by facilitating the free market.

O’Brien says Romney’s energy policy will create jobs not only directly through the use and maintenance of the equipment but indirectly by lowering and stabilizing the energy cost of running factories. Natural gas in particular is an underutilized asset. America is the “Saudi Arabia” of natural gas in terms of how much there is underground. Romney wants to limit regulations on natural gas production for use at home (Nat gas is notoriously difficult to transport). We’ve heard the domestic-energy-as-foreign policy conversation from both men before and we’ll hear it again tonight.

The President will talk up his foreign policy triumphs this evening while Romney attacks him on the same. Most viewers already know which side they’re going to take when it comes to foreign policy. The critical thing to remember is that nothing operates in a vacuum. If it happens overseas it impacts us here both in security and our pocketbooks.

May the best man win.

Related Quotes:

HMC

 32.78

0.00 (+0.00%)

BA

 73.70

0.00 (+0.00%)

F

 10.17

0.00 (+0.00%)

^DJI

 13,345.89

2.38 (+0.02%)

^IXIC

 3,016.96

0.00 (+0.00%)

^GSPC

 1,433.81995

0.63 (+0.04%)Source: YAHOO NEWS.By  | Breakout

Honda recalls 2002-2006 CR-V for fire risk.


TOKYO (AP) — Honda Motor Co. is recalling about 489,000 CR-V crossovers in the U.S., Europe and Africa, from the 2002 to 2006 model years because an electrical switch in the driver’s side door could melt and cause a fire.

Honda and the National Highway Traffic Safety Administration announced the recall Saturday for 268,000 vehicles in the U.S.

Honda is also recalling 220,000 CR-V vehicles in Europe and 98 in Africa for the same problem, Honda spokeswoman Akemi Ando in Tokyo said Sunday.

Honda said rain or other liquids could enter through a driver’s open window and damage the master power switch on the door. If that happens, the switch could overheat and melt, causing a fire.

No injuries or crashes have been reported related to the problem, but five fires have been reported — four in the U.S. and one in England — in which the switch and the cover around it overheated, caught fire and melted, Ando said.

All the recalled vehicles were manufactured at a Honda plant in Great Britain.

NHTSA said owners should park CR-Vs from those model years outside until the recall is performed to avoid any property damage from a fire. A fire could start even when the ignition is off and the CR-V is parked.

Honda agreed that concerned owners should park their CR-Vs away from structures that could burn. But spokesman Ed Miller emphasized that a switch is unlikely to catch fire unless someone spilled liquid on it or let a large amount of rain into the vehicle through the driver’s side window.

The company will begin contacting owners next month and will repair the vehicles for free. Honda will install a cover plate inside the switch to prevent any liquid from coming in, Miller said.

It was the third major recall this week for the Japanese automaker, which usually sits near the top in J.D. Power and Associates‘ annual rankings of vehicle quality.

Earlier this week, the company said it was recalling 820,000 Civic compact and Pilot SUVs from the 2002 through 2004 model years because the headlights can fail. CR-Vs were recalled earlier this spring for that same issue.

Honda also said this week that it’s recalling 600,000 Accord midsize cars because a faulty power steering house can leak and cause a fire. That recall affects Accords with V6 engines from the 2003 to 2007 model years.

NHTSA also announced earlier this week that it’s investigating complaints that Honda Odyssey minivans and Pilot SUVs can roll away after drivers remove the ignition key. That investigation involves vehicles from the 2003 and 2004 model years.

___

Durbin reported from Detroit.

Follow Yuri Kageyama on Twitter at http://twitter.com/yurikageyama

Source: YAHOO NEWS.

By DEE-ANN DURBIN and YURI KAGEYAMA | Associated Press

Japanese firms say China protests affect business plans: Reuters poll.


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TOKYO (Reuters) – About 41 percent of Japanese firms see an escalating territorial row with China affecting their business plans, with some considering pulling out of the country and shifting operations elsewhere, a Reuters poll showed on Friday.

The Reuters poll comes as relations between Asia’s two biggest economies have hit their lowest point in decades over a dispute centered on an uninhabited group of islands in the East China Sea — known as the Senkaku in Japan and Diaoyu in China.

Customs officials in the port city of Tianjin near Beijing have toldJapanese companies their imports will be inspected more frequently, the Asahi newspaper reported, in a worrying sign that Japan’s shipments to China could slow. Automaker Honda Motor Co said it was already making contingency plans.

“We are trying to forecast things in advance and preparing as much as possible to avoid any impact on our business,” Takanobu Ito, Honda’s chief executive, told a news conference.

Street protests in China have forced some Japanese firms to suspend operations in that country, and the share prices of Japanese firms with exposure to China have tumbled.

But the Reuters poll of 400 large and medium-sized firms, of which roughly 260 responded between August 31 and September 14, was taken before the worst of the protests, which damaged factories, restaurants and retail stores.

“We’re worried that Chinese workers could start boycotting production lines at Japanese firms in China or start making unreasonable demands for wage increases,” said one transportation equipment maker.

Firms in sectors such as wholesale, transport equipment and electric machinery were among those expecting the most fallout from worsening relations with China and other parts of Asia.

Some of the firms which see friction with China affecting business plans have suffered not only from rowdy protests involving damage and consumer strikes, but other problems as well.

“We were stranded at customs there even as we followed proper procedures for exporting parts,” said one machinery firm.

A transport machinery company complained that it was excluded from bidding in China.

“We need to consider closing our base in China and withdrawing our personnel,” said one metal products company.

Others voiced caution about investing in China, while considering putting off plans to make inroads into Chinese markets or seeking alternate sites.

“We have had many diplomatic clashes in the past, and in the end this always comes back to hurt Japanese companies who are in China,” said Naoto Saito, a senior economist at Daiwa Institute of Research.

“This is likely to happen again, so companies will seriously start to question whether they want to go to China or tap other markets.”

Japanese companies could bypass China for Southeast Asian countries such as Indonesia, Malaysia or Thailand, Naito said.

China, the world’s second-largest economy, and Japan, the third-largest, have total two-way trade of around $345 billion, but some experts believe anti-Japan sentiment could prompt firms to rethink investments in China in the longer term.

“The impact on our business so far has been small, but Japanese and non-Japanese employees at our offices in Shanghai and Hong Kong have been subjected to harassment,” said one services sector firm.

In the Reuters poll, 56 percent of firms urged the next Japanese government to put the utmost priority on steps to prop up the economy and stabilize currency rates.

Only 2 percent cited smoother diplomatic relations with Asia as a priority for the next government, which is to be formed after general elections that must be held by around August 2013.

With the dollar hovering around 78 yen, not far from a record low of 75.31 yen hit last October when Japanese authorities intervened heavily to stem their currency’s gains, about one-third or respondents sought yen-selling intervention to help safeguard the export-reliant economy.

On the government’s contentious plan to double the sales tax to 10 percent by 2015, 45 percent said it should be implemented as planned while 40 percent said the state of the economy at the time should be considered before making a final decision.

Only 10 percent called for putting off the sales tax rise, in stark contrast with the many lawmakers who are wary of a voter backlash over the tax increase.

(Additional reporting by Stanley White; Editing by Kim Coghill)

(This story was refiled to correct the spelling of port city in paragraph 3)

Source: YAHOO NEWS.

By Tetsushi Kajimoto and Izumi Nakagawa | Reuters

Be a Dork for Jesus.


I have a secret.

Sometimes I skip church. I shoo my kids into the van with Super-Husband and watch out the window as they drive away.

Here is what I am not going to do while they are gone — carve out time to work on my novel, crawl back into my fleece sheets for another two hours of much needed sleep, or click on the TV to watch my favorite show.

Let me paint a picture of my Sunday morning.

After the Honda’s backside veers left onto Quail Creek, I open all the curtains in the kitchen and family room, get the coffee going, light my twisted peppermint candle, and slip into my pink footie fleece pajamas — the ones with the hood that Pat bought me for Christmas. The ones that make me look like a walking cupcake. But I’m alone this morning, so I don’t care.

Here’s where it gets good.

I plug my iPod into the speakers on the kitchen counter, under the coffee mugs, and scroll to my worship playlist. Hit the button and crank it LOUD. Music floods the house in a private concert where God stands center stage.

Attendees and groupies include me, two sassy black cats, a tired chocolate lab, a naughty little Pomeranian, and the two fish that haven’t yet succumbed to starvation in the tank by the phone.

The perk of this particular audience? I can set my IPod on repeat and listen to Light Up The Sky by The Afters 30 times in a row without anyone yelling, “Turn it off.”

And like all great concerts, the hours I spend here are filled with excited screaming, emotion-driven crying, exultant dancing, and top-of-the-lungs singing. Add in a little heart pounding amazement when God meets me in this room. He doesn’t care that I’m twirling around the tile like a puffy pink pastry. My appearance at His concert brings Him joy.

The icing on the pastry? Quoting scripture out loud from passages the Lord leads me to as I worship.

There. It isn’t a secret anymore. Kyle, Alek, Maddy, you laughing? That’s okay. I’m a dork for Jesus. And sorry to say — collective gasp — it’s better than church every time!

In case you were wondering about the scripture I shouted around my walls this morning, here it is.

“Do you not know? Have you not heard? The LORD is the everlasting God, the Creator of the ends of the earth. He will not grow tired or weary, and his understanding no one can fathom. He gives strength to the weary and increases the power of the weak. Even youths grow tired and weary, and young men stumble and fall; but those who hope in the LORD will renew their strength. They will soar on wings like eagles; they will run and not grow weary, they will walk and not be faint” (Isaiah 40:28-31 NIV).

Go ahead. Give it a try. Shout it out! Be a dork for Jesus.

Lori Freeland is a freelance author from Dallas, Texas with a passion to share her experiences in hopes of connecting with other women tackling the same issues. She holds a bachelor’s degree in psychology from the University of Wisconsin-Madison and is a full-time homeschool mom.

Publication date: April 13, 2012

By Lori Freeland.

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