Tag: Nissan

Programmable Logic Controller (PLC) Market in APAC to increase by USD 1.19 billion during 2023 to 2028; Increasing demand for PLCs in renewable power generation boosts the market growth – Technavio

NEW YORK, Dec. 11, 2023 /PRNewswire/ — The programmable logic controller (PLC) market in APAC is expected to grow by USD 1.19 billion between 2023 and 2028. However, the growth momentum of the market will progress at a CAGR of  4.83% during forecast period. The market is segmented by end-user (process industry, discrete industry, and building automation),… Continue reading Programmable Logic Controller (PLC) Market in APAC to increase by USD 1.19 billion during 2023 to 2028; Increasing demand for PLCs in renewable power generation boosts the market growth – Technavio

U.S. New-Vehicle Prices Down Year over Year for Third Straight Month; Market Shifts toward Buyers as Incentives Climb, Profit Margins Squeezed

The average transaction price (ATP) for a new vehicle in November 2023 was $48,247, an increase from last month but down 1.5% year over year. After retreating slightly in October, incentives increased further in November, reaching a new high for 2023 and climbing above 5% of ATP for the first time in more than two… Continue reading U.S. New-Vehicle Prices Down Year over Year for Third Straight Month; Market Shifts toward Buyers as Incentives Climb, Profit Margins Squeezed

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

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