German Handelsblatt: Commercial vehicles: Major merger in Asia: Daimler Truck and Toyota merge truck business006978

Daimler-Truck-Chef Martin Daum in Tokio In der Lkw-Industrie entsteht unter dem Zwang zu klimafreundlicheren Antrieben ein neues Schwergewicht: Der weltgrößte Lkw-Bauer Daimler Truck und der japanische Toyota-Konzern kündigten am Dienstag an, ihre Nutzfahrzeug-Töchter Mitsubishi Fuso und Hino Motors zusammenzulegen. Hierzu sei eine Absichtserklärung unterzeichnet worden. Geplant sei eine Fusion unter Gleichen, deren Details noch ausgehandelt… Continue reading German Handelsblatt: Commercial vehicles: Major merger in Asia: Daimler Truck and Toyota merge truck business006978

Agri-food giant Olam Group to delay agricultural unit’s SG-Saudi dual IPO

Agri-food giant Olam Group does not expect the dual initial public offering (IPO) of its agricultural unit, Olam Agri, in Singapore and Saudi Arabia to be completed in the first half of this year as originally planned, it said on Tuesday. Shares of the Singapore-based commodity trader fell 6.9% on Tuesday afternoon trade after the… Continue reading Agri-food giant Olam Group to delay agricultural unit’s SG-Saudi dual IPO

German Handelsblatt: Merger: Daimler Truck and Toyota want to merge truck business in Asia006976

A Mitsubishi Fuso Truck and Bus Loader Daimler Truck had recently felt the effects of the great competition in Asia. (Photo: Bloomberg) The commercial vehicle manufacturer Daimler Truck wants to merge large parts of its Asian business with its competitor Toyota. The Daimler truck subsidiary Mitsubishi Fuso Truck and Bus is to merge with the… Continue reading German Handelsblatt: Merger: Daimler Truck and Toyota want to merge truck business in Asia006976

German Handelsblatt: Merger: Daimler Truck and Toyota want to merge truck business in Asia006976

A Mitsubishi Fuso Truck and Bus Loader Daimler Truck had recently felt the effects of the great competition in Asia. (Photo: Bloomberg) The commercial vehicle manufacturer Daimler Truck wants to merge large parts of its Asian business with its competitor Toyota. The Daimler truck subsidiary Mitsubishi Fuso Truck and Bus is to merge with the… Continue reading German Handelsblatt: Merger: Daimler Truck and Toyota want to merge truck business in Asia006976

@Nissan: Nissan production, sales and exports for April 2023001063

May 30, 2023 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced production, sales and export figures for April 2023. 1. Production Global production surpassed year-earlier results by 15.8%. Production in and outside Japan surpassed year-earlier results by 100.7% and 1.4%, respectively. 2. Sales Global sales surpassed year-earlier results by 1.5%. Sales including minivehicles in… Continue reading @Nissan: Nissan production, sales and exports for April 2023001063

Toyota, Daimler truck units to combine operations under holding company

[1/2] Employees wearing protective face masks work on the automobile assembly line as the maker ramps up car production with new security and health measures as a step to resume fully operation, during the outbreak of the coronavirus disease (COVID-19), at Kawasaki factory of Mitsubishi Fuso Truck and… Read more TOKYO, May 30 (Reuters) –… Continue reading Toyota, Daimler truck units to combine operations under holding company

Renegotiate Brexit rules or put UK jobs at risk, Stellantis tells government

UK jobs are at risk next year if import tariffs are imposed on UK-built electric cars sold in Europe, says the firm’s owner Stellantis, as UK industry voices clamour for more government policy support over the transition to electric vehicle manufacturing. Yesterday Stellantis told a parliamentary committee that British car factories will be forced to… Continue reading Renegotiate Brexit rules or put UK jobs at risk, Stellantis tells government

Best car leasing deals 2023

Looking to lease a new car? You’ve come to the right place. We’ve scoured the market to find the best car leasing deals available right now from leading brokers, and you can find all of our top picks below. Car leasing, or Personal Contract Hire (PCH), is a popular finance option for those wanting a… Continue reading Best car leasing deals 2023

Impact of the Metaverse on the Automotive Industry: 2023 Thematic Intelligence Report – Technologies like AR and VR will be Pivotal for Vehicle Safety Training and Testing

DUBLIN, May 29, 2023 /PRNewswire/ —  The “Impact of the Metaverse on the Automotive Industry – Thematic Intelligence” report has been added to  ResearchAndMarkets.com’s offering.  By 2030, the metaverse will be a $626.5 billion opportunity Although the impact of the metaverse on the automotive industry is minor so far, this technology promises to make digital media… Continue reading Impact of the Metaverse on the Automotive Industry: 2023 Thematic Intelligence Report – Technologies like AR and VR will be Pivotal for Vehicle Safety Training and Testing