Tag: Nissan

Japan’s SMFG follows MUFG foray into Indonesian car loan business

TOKYO — Sumitomo Mitsui Financial Group (SMFG) on Monday said it will spend 20 billion yen ($136 million) for 51% of the shares in two Indonesian auto loan companies, following a similar move by rival Mitsubishi UFJ Financial Group as the Japanese megabanks move to cash in on the Southeast Asian country’s booming population. In… Continue reading Japan’s SMFG follows MUFG foray into Indonesian car loan business

Celebrating Mentors, Industry Friends, and Joe

Joe Knight served as former president of the American Car Rental Association (ACRA) and as vice-president of airport concessions and properties at Fox Rent a Car for 22 years. Photo: Vincent Taroc / Bobit I couldn’t have been more than a year into my role as editor of Auto Rental News. There was a meeting at LAX,… Continue reading Celebrating Mentors, Industry Friends, and Joe

Auto companies donate and launch services to tide over damage caused by Cyclone Michaung

Apart from donations, other companies like Suzuki Motorcycle, Nissan Motor India and Tata Motors announced service offerings meant to help those in such regions. Auto giants have donated towards relief funds or are providing customers with services in order to help them after the flooding and damage caused by Cyclone Michaung in Tamil Nadu. TVS… Continue reading Auto companies donate and launch services to tide over damage caused by Cyclone Michaung

Combined heat and power market to grow by USD 9.35 billion from 2023 to 2028, APAC accounts for 52% of market growth – Technavio

NEW YORK, Dec. 8, 2023 /PRNewswire/ — The combined heat and power market size is expected to grow by USD 9.35 billion from 2023 to 2028. In addition, the growth momentum of the market will progress at a CAGR of 6.29% during the forecast period, according to Technavio. An increase in the consumption of energy globally is notably… Continue reading Combined heat and power market to grow by USD 9.35 billion from 2023 to 2028, APAC accounts for 52% of market growth – Technavio

German Manager Magazine: US union UAW wants to organize VW employees at the Chattanooga plant002942

The US auto workers union UAW is achieving the goal of establishing a union base at the US Chattanooga plant Volkswagen for the initial conclusion of a collective agreement. More than 1,000 employees at the plant, 30 percent of the workforce, have signed the cards authorizing the union to take action, said the United Auto… Continue reading German Manager Magazine: US union UAW wants to organize VW employees at the Chattanooga plant002942

Best new cars coming in 2025 and beyond

Car manufacturers have to think ten steps ahead, so even though there’s a shed load of exciting cars arriving in 2024, plenty more are already far along their development timelines and gearing up to hit our streets in 2025, 2026 or even later than that. In this best new cars round-up, designed as an accompaniment… Continue reading Best new cars coming in 2025 and beyond

Toshiba, Rohm to invest $2.7b to jointly produce power chips

Toshiba and Rohm said on Friday they would invest 388.3 billion yen ($2.7 billion) to jointly produce power chips, the first collaboration since Rohm’s participation in a $14 billion buyout of Toshiba. The latest partnership is what the Japanese industry ministry has hoped for out of concerns that the country’s power chip industry is too fragmented to… Continue reading Toshiba, Rohm to invest $2.7b to jointly produce power chips

@Nissan: Pole to Pole: South America Edition001244

REUNITED WITH THE EXPEDITION ARIYA: Cartagena, Colombia With some free time on their hands whilst waiting for the Expedition Ariya to complete its journey across the infamous Darién Gap, Chris & Julie took the chance to explore the vibrant and colourful streets of the port city, Cartagena. Once safely reunited with their Ariya and eager… Continue reading @Nissan: Pole to Pole: South America Edition001244