Article: BRIEFING - ASIA AUTOMOTIVE - OCT 17, 2008.

An executive briefing on the automotive industry for Oct 17, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

FAILED VICTORIAN BIZ LEAVING 130 JOBLESS HAS POTENTIAL BUYERS

MELBOURNE - A country Victorian business forced to close and stand down 130 employees has several potential buyers, its administrator says.

Ballarat valve manufacturer, John Valves, was closed on Wednesday as the Australian Tax Office (ATO) took court action over a $A1.5 million ($US1.04 million) tax debt.

FORD CALLS ON NONLIFE INSURERS TO PURCHASE MAZDA ...

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