Tag: Mitsubishi

Daimler India CV exports over 9,000 trucks and buses in 2021

Daimler India Commercial Vehicles (DICV) has announced total exports of over 9,000 commercial vehicles since the beginning of 2021. With this, the company’s export milestones include 45,000 vehicles, 9000 CKD kits and 200 million parts since operations began in April 2012. DICV is the only Daimler Truck location worldwide that produces engines, transmissions, trucks and… Continue reading Daimler India CV exports over 9,000 trucks and buses in 2021

Steve Cropley: highlights from a year in motoring

Don’t let anyone tell you 2021 hasn’t been an action-packed year for cars and car events. One of my abiding memories of it will always be of the many meetings, shows and organisations that were restored to life and of watching resourceful car people return our world to its axis. Of course, large parts of… Continue reading Steve Cropley: highlights from a year in motoring

Mitsubishi Motors North America Appoints Daniel Ball Vice President, Aftersales

In this role, Ball will be responsible for overseeing parts and service operations for MMNA in the United States, including the Company’s parts distribution operations and warehouses. Specifically, he will be in charge of developing and implementing strategies and programs that enable Mitsubishi Motors and its dealer partners to provide a strong level of customer satisfaction… Continue reading Mitsubishi Motors North America Appoints Daniel Ball Vice President, Aftersales

Renewable energy-focused SPAC AP Acquisition prices $150m IPO in New York

AP Acquisition Corp, a SPAC with a focus on decarbonisation and the renewable energy sector, is looking to raise about $150 million in an initial public offering (IPO) on the New York Stock Exchange (NYSE), the company said in a statement. SPACs are blank cheque companies that raise capital solely to acquire private entities with… Continue reading Renewable energy-focused SPAC AP Acquisition prices $150m IPO in New York

Nordic Aviation Capital reaches Restructuring Support Agreement with majority of lenders to strengthen capital structure and position the Company for long-term growth and success

LIMERICK, Ireland, Dec. 19, 2021 /PRNewswire/ — Nordic Aviation Capital Designated Activity Company, together with its subsidiaries (“NAC” or  the “Company”), the world’s largest regional aircraft lessor, today announced that it has entered into a Restructuring Support Agreement (the “RSA” or the “Agreement”) with its equityholders and lenders holding over 73% of NAC’s approximately $6.3 billion in… Continue reading Nordic Aviation Capital reaches Restructuring Support Agreement with majority of lenders to strengthen capital structure and position the Company for long-term growth and success

Japan’s top business lobbyist backs Myanmar coup, urges investment

A Japanese former politician who campaigned to bring billions of dollars of investment from some of Japan’s top companies to Myanmar has urged Japan to endorse its military regime, saying the nation’s coup leader has “grown fantastically as a human being,” while praising his “democratisation efforts.” The 87-year-old former cabinet minister, Hideo Watanabe, is also pursuing a $42-million shopping… Continue reading Japan’s top business lobbyist backs Myanmar coup, urges investment

Goldman Sachs Variable Insurance Trust International Equity Insights Fund Buys Roche Holding …

Investment company Goldman Sachs Variable Insurance Trust International Equity Insights Fund (Current Portfolio) buys Roche Holding AG, AXA SA, ABB, Prudential PLC, Tokio Marine Holdings Inc, sells Allianz SE, BNP Paribas, Mitsubishi UFJ Financial Group Inc, Iberdrola SA, AstraZeneca PLC during the 3-months ended 2021Q3, according to the most recent filings of the investment company,… Continue reading Goldman Sachs Variable Insurance Trust International Equity Insights Fund Buys Roche Holding …

Ford leads GM, Stellantis in race to meet automatic emergency braking deadline

Ford Motor Company and Honda have met a commitment ahead of schedule to equip most of their vehicles with automatic emergency braking this year, significantly reducing crash and injury risk for thousands of drivers, according to a news release from Consumer Reports and the Insurance Institute for Highway Safety Friday. Ford and its luxury brand Lincoln, along… Continue reading Ford leads GM, Stellantis in race to meet automatic emergency braking deadline

Worldwide Automotive Steering System Industry to 2028 – Focus on Ice-driven and Electric Vehicles

DUBLIN, Dec. 17, 2021 /PRNewswire/ — The “Global Automotive Steering System Market 2021-2028” report has been added to ResearchAndMarkets.com’s offering. The global automotive steering system market is expected to develop with a CAGR of 5.01% during the forecast years from 2021 to 2028. The stringent fuel efficiency norms are primarily driving the demand for automotive… Continue reading Worldwide Automotive Steering System Industry to 2028 – Focus on Ice-driven and Electric Vehicles