Detroit's 'Big Three' Automakers Launch New Incentive ProgramsGeneral Motors, Chrysler

Detroit's 'Big Three' Automakers Launch New Incentive Programs
General Motors, Chrysler and Ford announce new programs in efforts to boost slackening year-end sales.
Perry Stern

Man's two car businesses thrive on Viscaya Parkway (The News-Press)
Deane Dotson has always had a fascination for automobiles. That's why about six months ago he opened Deane's Cars & Trucks at 1222 Viscaya Parkway in the city's industrial park area.

DGFT issues notices to 8 luxury car importers (The Economic Times)
DELHI: The Directorate General of Foreign Trade (DGFT) has slapped show-cause notices on eight importers in the case relating to customs duty evasion in the import of luxury automobiles, some of which were being used by politically-influential persons.

Japan producers up spending on top-end steel-report (Reuters via Yahoo! Asia News)
TOKYO, Jan 4 (Reuters) - Japan's top four steel makers will invest about 600 billion yen ($5.2 billion) over four years to boost production of high-end sheet steel used in automobiles and ships, the Nihon Keizai Shimbun reported.

HK Bourse: Press Release from Wo Kee Hong -3 (Dow Jones News via Yahoo! Australia & NZ Finance)
WO KEE HONG (HOLDINGS) LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 720)

Japan Hot Stocks-TYK, Krosaki Harima, Chiyoda, oil stocks (Reuters via Yahoo! Asia News)
TOKYO, Jan 4 (Reuters) - The following stocks are on the move on Wednesday: **TYK, KROSAKI UP ON REPORT OF STEEL MAKERS' SPENDING**

Japan Hot Stocks-Steel makers, Takashimaya, Astellas, DoCoMo (Reuters via Yahoo! Asia News)
TOKYO, Jan 4 (Reuters) - The following stocks are on the move on Wednesday: **STEEL MAKERS RISE AFTER PLANNED CAPITAL INVESTMENT NEWS**

Test Drive: Project Gotham Racing 3
Editors at MSN Autos take Microsoft's latest driving game out for a spin.
Perry Stern

BASF Makes $4.9 Billion Hostile Offer for Engelhard (Update4) (Bloomberg.com)
Jan. 3 (Bloomberg) -- BASF AG, the world's biggest chemical maker, made a $4.9 billion hostile bid for Engelhard Corp., a U.S. supplier of pollution-control devices, to expand its range of products for cars. It would be BASF's largest purchase ever.