Here are news stories, press reports and events to watch which may affect the auto industry, transportation and energy markets on Thursday.
WORLD OIL PRICES
Brent futures steadied above $108 a barrel on Thursday after a sharp drop in the previous session, with investors waiting for a European Central Bank policy meeting and critical jobs data out of the United States this week for more trading cues.
PRAGUE – Car Importers’ Association (SDA) to hold a news conference on third quarter passenger car registrations (0800 GMT).
The head of VW’s works council, Bernd Osterloh, urged the company to offer a low-cost car in emerging markets to counter weak sales in Europe, German paper Handelsblatt reported, citing Osterloh.
Abu Dhabi based airline Etihad Airways is urging Air Berlin, in which it holds some 30 percent, to offer joint flights with Air France, German paper Sueddeutsche Zeitung reported, citing Etihad’s chief executive.
FIAT INDUSTRIAL, CNH
The plan made up by the truck and construction equipment maker to combine with U.S. unit CNH Global NV could be delayed after independent directors questioned the share swap terms of the deal, sources familiar with the matter said on Wednesday.
HALFORDS : The car parts and cycles retailer picked former Pets at Home boss Matt Davies as its new chief executive, to drive a sales recovery.
Abu Dhabi based airline Etihad Airways is urging German peer Air Berlin, in which it holds some 30 percent, to offer joint flights with Air France, German paper Sueddeutsche Zeitung reported, citing Etihad’s chief executive.
Indian state-run Bharat Petroleum Corp has signed a deal with Chevron to buy 10,000 barrels per day (bpd) Nigerian crude in the year ending March 31, 2013, two sources familiar with the deal said on Wednesday.
Cameroon’s government has agreed to buy two Boeing 787 Dreamliners for 218 billion CFA francs ($428.77 million) for its new national carrier Camair-Co.