Suzuki’s India woes extend far beyond the pandemic

TOKYO — It is a market where Suzuki Motor once reigned as the undisputed champion. Forty years ago, nearly every passenger car sold in India was made by the Japanese automaker. Now this share is under 50%, and the competition only looks to increase. Suzuki still makes half its car sales in the country, and the automaker’s stock price… Continue reading Suzuki’s India woes extend far beyond the pandemic

@Groupe PSA: PR Stellantis Celebrates 12 Business Partners at First Supplier Awards001849

Amsterdam, June 1, 2021  Quality First Merit Automotive and Tiberina are awarded for their achievement and commitment in terms of industrial development and production by meeting Stellantis’ Quality requirements. Competitiveness Adient and Nexen are awarded for their outstanding performance in terms of cost savings (commercial, process, technical solutions and logistics) and their proposals for a… Continue reading @Groupe PSA: PR Stellantis Celebrates 12 Business Partners at First Supplier Awards001849

Toyota’s strong sales and electric plans drive shares to record high

TOKYO — Toyota Motor’s stock price jumped 3.4% to close at 9,423 yen on the Tokyo market on Tuesday, reaching its highest-ever level. Shares in the Japanese automaker have climbed rapidly since mid-May as investors welcome its bullish sales forecast and ability to weather the global chip shortage thanks to its supply chain management. Its… Continue reading Toyota’s strong sales and electric plans drive shares to record high

Off Road Electric Vehicles Market reports revenue growth | Alke, John Deere, Ford, BOLLINGER MOTORS – The Manomet Current – The Manomet Current

2020-2025 Global Off Road Electric Vehicles Market Report – Production and Consumption Professional Analysis (Impact of COVID-19)  , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces… Continue reading Off Road Electric Vehicles Market reports revenue growth | Alke, John Deere, Ford, BOLLINGER MOTORS – The Manomet Current – The Manomet Current

Cleantechnica: Volkswagen Takes #1 And #2 Positions In European Electric Vehicle Market In April 000925

The European passenger plugin vehicle market continues to rise. There were more than 159,000 plugin vehicle registrations in April, and 616,000 in the year to date (YTD). That’s +136% year over year (YoY). The plugin vehicle share of the overall auto market in April was 15% (7.1% fully electric vehicles), keeping the 2021 plugin vehicle… Continue reading Cleantechnica: Volkswagen Takes #1 And #2 Positions In European Electric Vehicle Market In April 000925

Nissan to build EV battery plants in Japan and UK

TOKYO — Nissan Motor will tie up with a Chinese-owned battery maker, investing over 200 billion yen ($1.8 billion) to build new battery plants for electric vehicles in Japan and U.K., Nikkei has learned. The Japanese automaker will start turning out batteries at two new plants, one in Japan and one in the U.K., as… Continue reading Nissan to build EV battery plants in Japan and UK

Mahindra to begin rolling out lightweight K2 Series tractors in 2023

Mahindra & Mahindra (M&M) which today announced its Q4 and full-year FY2021 results, also revealed its future product roadmap across the SUV, below 3.5-tonne light commercial vehicle and tractor segments. The company, whose Farm Equipment Sector (FES) division, has farmed robust gains in FY2021, is is betting big on the new ‘K2’ tractor series it… Continue reading Mahindra to begin rolling out lightweight K2 Series tractors in 2023

Japanese PE player J-Star exits film coating firm Nakai Industrial

Japanese private equity firm J-Star on Friday announced its exit from film coating company Nakai Industrial Co Ltd through the sale of entire its interest in the firm to Mitsubishi Chemical Corp for an undisclosed sum. The transaction was conducted through J-Star funds (J-STAR No.3 SS, LP, etc.). J-Star said Nakai, which was set up… Continue reading Japanese PE player J-Star exits film coating firm Nakai Industrial

Global Commercial Vehicles Market to Reach 27.9 Million Units by 2026

FACTS AT A GLANCE Edition: 15; Released: January 2021 Executive Engagements: 18096 Companies: 124– Players covered include AB Volvo; Ashok Leyland Limited; BYD; Daimler AG; Dongfeng Motor Corporation; Ford Motor Corporation; General Motors Company; Groupe Renault; Hino Motors, Ltd.; Hyundai Motor Company; Isuzu Commercial Truck of America, Inc.; Mitsubishi Fuso Truck of America, Inc.; Proterra; Scania AB; Tata Motors Ltd;… Continue reading Global Commercial Vehicles Market to Reach 27.9 Million Units by 2026

Defiant Ghosn pins hopes on French probes to clear his name

Beirut — Auto magnate-turned-fugitive Carlos Ghosn is campaigning to clear his name, and hopes a visit by French investigators to his home in exile in Lebanon will be his first real opportunity to defend himself since the bombshell arrest that transformed him from a visionary to a prisoner overnight. In an interview with The Associated… Continue reading Defiant Ghosn pins hopes on French probes to clear his name