Tag: Nissan

Ashok Leyland eyes 45% market share in southern India

Ashok Leyland, the Chennai-based commercial vehicle giant, is looking to tighten its grip on the South Indian market. Already a powerhouse in the region, the company currently commands over 40% of the Medium and Heavy Commercial Vehicle (MHCV) segment. Not content to rest on its laurels, Ashok Leyland has set its sights even higher, aiming… Continue reading Ashok Leyland eyes 45% market share in southern India

Broaching Machines Market size is set to grow by USD 109.1 million from 2024-2028, increasing demand for CNC-incorporated machine tools boost the market, Technavio

NEW YORK, July 26, 2024 /PRNewswire/ –The global broaching machines market size is estimated to grow by USD 109.1 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.5% during the forecast period. Increasing demand for cnc-incorporated machine tools is driving market growth, with a trend towards integration of automation solution providers… Continue reading Broaching Machines Market size is set to grow by USD 109.1 million from 2024-2028, increasing demand for CNC-incorporated machine tools boost the market, Technavio

Nissan falls behind Renault in market cap a year after equal alliance

TOKYO — A year after Nissan Motor and Renault Group agreed to rebalance their alliance to a team of equals, the Japanese automaker has fallen behind its French partner in market capitalization amid struggles to adapt to shifting market environments. Nissan’s group operating profit fell 99% on the year to 995 million yen ($6.45 million)… Continue reading Nissan falls behind Renault in market cap a year after equal alliance

Mercedes-Benz appoints Nadia Trimmel as Vice President, Marketing & Sales, Mercedes-Benz Cars Malaysia & SEA II

Mercedes-Benz Malaysia announces a new senior leadership appointment to steer its marketing and sales operations. Effective 1st July 2024, Nadia Trimmel joins as Vice President, Marketing & Sales, Mercedes-Benz Cars Malaysia & SEA II. Trimmel joined Mercedes-Benz in 2014 as General Manager Sales and assumed the role of Managing Director Mercedes-Benz Vans South Africa two… Continue reading Mercedes-Benz appoints Nadia Trimmel as Vice President, Marketing & Sales, Mercedes-Benz Cars Malaysia & SEA II

India ranked 12th in Renault’s Top 15 markets, plots new models to regain growth

The Renault Group has announced its first-half (January-June) results for calendar year 2024. India, which is among the fastest-growing automobile markets in the world and registered record sales of 4.21 million units in FY2024 and 4.10 million units in CY2023, has been ranked 12th among The French carmaker’s Top 15 global markets. That’s one position… Continue reading India ranked 12th in Renault’s Top 15 markets, plots new models to regain growth

Steam Turbine Market size is set to grow by USD 3.88 billion from 2024-2028, Growing demand for power generation boost the market, Technavio

NEW YORK, July 25, 2024 /PRNewswire/ — The global steam turbine market size is estimated to grow by USD 3884.4 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.19% during the forecast period. Growing demand for power generation is driving market growth, with a trend towards increasing… Continue reading Steam Turbine Market size is set to grow by USD 3.88 billion from 2024-2028, Growing demand for power generation boost the market, Technavio

Smart Grid IT Systems Market size is set to grow by USD 35.17 billion from 2024-2028, Growing demand for energy and cost-efficiency to boost the market growth, Technavio

NEW YORK, July 25, 2024 /PRNewswire/ — The global smart grid IT systems market  size is estimated to grow by USD 35.17 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  22.07%  during the forecast period.  Growing demand for energy and cost-efficiency is driving market growth, with a trend towards increasing role… Continue reading Smart Grid IT Systems Market size is set to grow by USD 35.17 billion from 2024-2028, Growing demand for energy and cost-efficiency to boost the market growth, Technavio

Nissan suffers 99% profit plunge on U.S. hybrid woes

TOKYO — Nissan Motor saw its operating profit plummet 99% on the year in April-June as its lack of hybrid offerings in the critical U.S. market took a toll on sales. Group operating profit came to 995 million yen ($6.4 million) for the quarter, according to earnings results announced Thursday. The automaker also revised its forecast for… Continue reading Nissan suffers 99% profit plunge on U.S. hybrid woes