Ford Motor (F) has revealed its plan to invest R$4 billion ($2.26 billion) in order to benefit from government tax incentives and lower interest rates in Brazil that are fueling record sales. Presently, Ford is the fourth-largest automaker in the country. Ford has decided to spend R$2.8 billion at the Camacari plant -- a state-of-the-art plant in the northeastern state of Bahiato -- with the aim of increasing output by 20% to 300,000 vehicles a year. The plant produces the sport utility vehicle EcoSport and the Fiesta subcompact. The investment is expected to generate 1,000 jobs in the region. The remaining R$1.2 billion will be invested at Ford's factories in Sao Paulo including its Sao Bernardo plant and a testing facility in Tatui. So far, car sales in Brazil have been significantly helped by government tax incentives that lowered car prices and lured consumers to showrooms. ...

For Immediate Release

Chicago, IL – October 22, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Autoliv (ALV), Ford (F), Nissan (NSANY), Toyota (TM) and Peabody Energy Corp. (BTU).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Wednesday’s AnalystBlog:

Autoliv Returns to Profitability

Autoliv (ALV) has shown a profit of $33.7 million or 37 cents per share in the third quarter of the year, after reporting losses for the preceding three quarters. The Sweden-based supplier of automotive safety systems has also beaten the Zacks Consensus Estimate of 24 cents per

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Autoliv (ALV) has shown a profit of $33.7 million or 37 cents per share in the third quarter of the year, after reporting losses for the preceding three quarters. The Sweden-based supplier of automotive safety systems has also beaten the Zacks Consensus Estimate of 24 cents per share. Nevertheless, earnings declined from $34 million, or 44 cents per share, in the same quarter of 2008. Autoliv believed higher light vehicle production from the "Cash for Clunkers" program and other stimulus packages boosted its earnings. Consolidated net sales declined 14% to $1.32 billion while organic sales (i.e., sales excluding currency effects and acquisitions/ divestitures) fell 12%. Segment Performance Sales of airbag products decreased 12% to $858 million. Organic sales in the segment dipped 11% compared to an 18% decline in light vehicle production (LVP) in the Triad (i.e. North America, Europe and Japan) due to new ...

Harman International Industries Incorporated (HAR) is seeing significant growth opportunities in Asian markets, particularly China and India. President, Chairman and CEO Dinesh C Paliwal recently stated that the company expects its earnings from China to exceed $1 billion over the next five years. Revenue from India is expected to reach $250 million during the same time period.  Management also announced the opening of a new R&D center in the Huang Pu commercial district of Shanghai yesterday, which is expected to complement its existing manufacturing facilities in Suzhou and Shenzhen. We think this is an effective way of reducing costs, as R&D engineers typically command higher pay than manufacturing personnel. The company’s current workforce in China is approximately 1000.  Simultaneously, the company launched its latest generation, scalable automotive infotainment system, which has been designed over the past year in Asia, Europe and the US. The product will ...

Cummins (CMI) has revealed that it will recall about 270 production employees at its Columbus Midrange Engine Plant (CMEP) in Walesboro, Indiana. A temporary increase in orders for the Dodge Ram turbo diesel pickup truck engines made at the plant has led to the recall. The workers had been laid off or transferred to other Cummins facilities over the last year. Dodge Ram pickup – manufactured by Chrysler – is powered by Cummins’ 6.7-liter turbo diesel engine. The orders have increased as Chrysler seeks to build inventory for its 2010 Dodge Ram pickup. Consequently, Cummins plans to temporarily add a second production shift at CMEP on Oct. 19 that is expected to operate through the end of 2009. The recall will boost the plant’s workforce to 600 hourly workers. The company began production of the 2010 Dodge Ram engines in mid-September with approximately 340 production employees ...

An investment arm of Goldman Sachs Group Inc. (GS) is poised to invest about $250 million in Geely Automotive - China's largest privately-owned carmaker - by purchasing the company's convertible bonds and warrants.

Geely Automotive is the Hong Kong-listed arm of Chinese automaker Geely Holding. Goldman Sachs Capital Partners will buy convertible bonds and warrants issued by Geely's Hong Kong-listed subsidiary. The deal is almost complete, but some technical details of the investment are still pending. Confirmation of the deal could be announced as early as this week.

Geely plans to use the proceeds from the Goldman investment to boost its production capacity, which could free up capital for its parent to bid for Volvo. Geely's parent company has made global headlines in recent weeks after contemplating a bid for Volvo, the Swedish car brand owned by Ford Motor Co. (F). A successful deal would boost Geely's profile and

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eDOORWAYS Corp. solidified its plans to introduce a brand new idea to the World’s current internet revenue models with the delivery of its “Power Keys” platform. The company has engaged Real Time Data of Orange County, CA in a software development agreement that will allow eDOORWAYS to license and customize Real Time Data’s proprietary source code for use with eDOORWAYS’ “Power Keys.”

Real Time Data focuses on custom software development, specifically real time systems that contain large databases requiring high throughput and high reliability. Their clients include Technicolor Creative Services, the University of California Berkeley, Neighborhood Housing Services of America and the Bank of American Samoa. Real Time Data has also provided custom development services for ICL Systems whose vehicle logistics reporting system is used by a multitude of vehicle manufacturers including Honda, Volkswagen, Toyota Canada, and Mercedes.

The software company

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PROVIDENCIALES, TURKS AND CAICOS — (Marketwire) — 07/21/09 — South Shore Resources Inc. (PINKSHEETS: SSHO) (FRANKFURT: SXB) (WKN: A0LD9H) is pleased to announce that it has completed initial testing on the HyProStar Series of Hydrogen Generating Modules.

The objective of the testing was to evaluate the impact that the HyProStar Series of Hydrogen Generating Modules has on fuel economy, fuel efficiency and engine emissions.

The Ontario Drive Clean Emissions Program was utilized along with the exact same driving route for both the Without Unit and With Unit test drives.

The MPG and Emission Testing were recorded and completed for both the Without Unit and With the HyProStar Unit installed.

Test Results Are Summarized Below:

1993 Chevrolet 1/2 Ton Truck V8 Engine: Mileage & Emission Test —————————————————————-

Without Unit: 20.04 MPG With Unit: 25.87 MPG

There was a 29.09% increase in MPG. There was a 22.54% fuel savings.

The Following Emissions

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MWW Automotive Group [[MWWC.OB]], a full-service global design, engineering and manufacturing firm providing customized accessories for leading international vehicle manufacturers, recently announced that the company’s wholly owned subsidiary, Modelworxx GmbH, in Munich, Germany has entered into an agreement with ABT Sportsline GmbH for worldwide distribution of its Volkswagen and Audi products.

Modelworxx has developed and is manufacturing a diverse line of innovative high-tech running boards for a variety of automobiles, including Audi, KIA, Mercedes, Mitsubishi, Opel, Toyota and Volkswagen. As a leading supplier of customized OE accessories for the global automotive industry, ABT Sportsline GmbH is one of the world’s largest distributors of Volkswagen accessories and performance tuning of Volkswagen vehicles. Under the terms of the agreement, ABT Sportsline will carry the entire Modelworxx product line and also select U.S. -designed and manufactured products for worldwide distribution.

Gerold Haas, chief executive officer of Modelworxx, stated, “We are happy to have

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On June 30, 2009, ArvinMeritor Inc. (ARM) sold the Gabriel Ride Control Products North America, one of the units of its Chassis Ride Control business to private equity firm OpenGate Capital in Los Angeles. The business sold shock absorbers and struts assemblies to automakers. This is ArvinMeritor's third divestment since the beginning of 2009. Recently, the company had divested two other businesses, Meritor Suspension Systems Company ("MSSC") and Gabriel de Venezuela selling similar parts held in its Chassis business under its Light- Vehicle business.

ArvinMertor's Light-Vehicle Systems business accounts for 35% of total sales. This segment manufactures and supplies aperture systems (roof and door systems, and motion control products) and undercarriage systems (suspension and ride control systems, and wheel products) to OEMs. The business makes 46% of sales to Europe and 38% to North America. Body Systems contribute 60% of sales, and Chassis

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