Auto-Parts Makers Push for Aid

Cypriot police scuffled with protesters, including employees of Cyprus Popular Bank Pcl, outside Parliament as President Nicos Anastasiades maneuvered at home and in Russia to stave off financial collapse. As the Cabinet met in the capital, Nicosia, to discuss a proposed “investment solidarity fund,” state-run CYBC television reported that Cyprus Popular, the country’s second largest, would be shut down. The Central Bank of Cyprus denied that the bank is closing, according to central bank spokesperson Aliki Stylianou’s comment on CYBC.

If the economy wasn't ugly enough, here comes the year-end highway pileup in the fog.

When Barack Obama was running for President—as opposed to, you know, being President—he criticized the Bush administration for not having a clear exit strategy in Iraq. It isn't too early for the new President and his advisers to start asking themselves that same question about Detroit.

Auto parts maker Magna International Inc (MG.TO) (MGA.N) reported a 12.5% rise in profit on strong performance in its North American business, and raised its full-year sales forecast. The fortunes of auto parts makers are tightly tied to the Detroit Three and the health of the U.S. vehicle market. The steady recovery by Ford Motor Co (F.N), General Motors Co (GM.N) and Fiat SpA’s Chrysler (FIA.MI) from their recession-induced slump bode well for Canadian auto parts makers.

AFP - Japan's government-owned ba

Money Morning submits: By David Zeiler Disruptions caused by Japan's March 11 earthquake and tsunami could further encourage Japanese auto parts makers to relocate factories to China - an eventuality already being driven by explosive growth in the Chinese auto market.

Courtesy to Dr. Sam Subramanian from www.alphaprofit.com, we are glad to present an in-depth look into the auto shares and an analysis of their current investment potential. As with the first investment guest feature, we aim to enrich our blog with a more professional rather than theoretical market view. Ways to Keep Winning in the Auto Group

Shares in the auto industry have been among the leading performers over the past year, with the Dow Jones US Automobiles & Parts Index advancing 140%.Given the massive run-up in auto equities, is there money still to be made in these stocks?I believe the answer is yes.