Global automakers scramble to reset China strategies as sales slow

Show more companies SHANGHAI, July 28 (Reuters) – For foreign automakers in China, it is time to double down on a turnaround or cut losses after ceding their leadership of the world’s biggest auto market to local, upstart brands. Announcements from some of the world’s largest automakers in recent days show they are taking a… Continue reading Global automakers scramble to reset China strategies as sales slow

@Nissan: Nissan production, sales and exports for June and first half of 2023001127

July 28, 2023 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced production, sales, and export figures for June 2023 and the first half of 2023 (January to June). 1. Production June 2023 Global production in June surpassed year-earlier results by 0.1%. Production in Japan surpassed year-earlier results by 32.8%. Production outside Japan declined 6.1%… Continue reading @Nissan: Nissan production, sales and exports for June and first half of 2023001127

Why Car Repairs Have Become So Expensive

New cars and trucks are packed with sensors and technology that protect and pamper drivers and passengers. But those features are also raising the cost of repairs after accidents. The average cost of making damaged cars good as new has soared 36 percent since 2018, and may top $5,000 by the end of this year,… Continue reading Why Car Repairs Have Become So Expensive

Nissan CEO spots key to cracking ‘challenging’ China market after demand slump

watch now Nissan CEO Makoto Uchida said the Japanese carmaker needs to bring new vehicles to the increasingly crowded Chinese market at speed. Speaking to CNBC’s Tanvir Gill on Wednesday, Uchida said the company would target current Nissan customers with the “timely introduction of high-value product[s] that are as competitive as fast-growing local brands, at… Continue reading Nissan CEO spots key to cracking ‘challenging’ China market after demand slump

Mercury Insurance Names the Most Affordable New Sedans to Insure

Mazda 2 tops this year’s list LOS ANGELES, July 27, 2023 /PRNewswire/ — Select sedan models are once again some of the most affordable vehicles to purchase and own, including insurance, according to Mercury Insurance (NYSE: MCY), a leading auto insurer in California. Announced today, Mercury Insurance has gathered a list of the most affordable new sedans… Continue reading Mercury Insurance Names the Most Affordable New Sedans to Insure

Traction Control System Market to grow at a CAGR of 6.32% from 2022 to 2027|Robust demand for autonomous vehicles boosts the market -Technavio

NEW YORK, July 27, 2023 /PRNewswire/ — The traction control system market size is estimated to grow by USD 10.84 billion from 2022 to 2027. The market is estimated to accelerate at a CAGR of 6.32%, according to Technavio. Download a Sample Report Now! Traction Control System Market Insights – Continue Reading Technavio has announced its latest market research report… Continue reading Traction Control System Market to grow at a CAGR of 6.32% from 2022 to 2027|Robust demand for autonomous vehicles boosts the market -Technavio

GEODIS in Americas Named Vendor of the Year by Mitsubishi Logisnext Americas

NASHVILLE, Tenn., July 27, 2023 /PRNewswire/ — GEODIS, a world leader in transport and logistics, has been named Vendor of the Year by Mitsubishi Logisnext Americas (Logisnext), one of the world’s leading manufacturers and providers of material handling, automation and fleet solutions. GEODIS in Americas was selected out of 1,100 suppliers and is the first… Continue reading GEODIS in Americas Named Vendor of the Year by Mitsubishi Logisnext Americas

@Nissan: 2022/23 Formula E Championship reaches its season finale in London001126

Formula E race season reaches its finale with two rounds in London this weekend 200mph ‘Power stations on wheels’ generate up to 40% of their race energy from braking Electric race series features more lead driver changes and ten times more overtakes than other top flight car motor sports Electric race cars that reach speeds… Continue reading @Nissan: 2022/23 Formula E Championship reaches its season finale in London001126