Aerospace market size in Mexico to grow by USD 8,375.16 million; Driven by favorable regulatory environment – Technavio

NEW YORK, Feb. 15, 2023 /PRNewswire/ — The aerospace market size in Mexico is forecast to increase by USD 8,375.16 million from 2022 to 2027, at a CAGR of 18.27%, according to the recent market study by Technavio. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 3,161.02… Continue reading Aerospace market size in Mexico to grow by USD 8,375.16 million; Driven by favorable regulatory environment – Technavio

Honda, Mazda on bumpy path to profit recovery amid chip crunch

TOKYO — Japan’s auto companies are driving into another grim year despite posting upbeat quarterly results for the end of 2022 as chip shortages continue to shackle operations and the stronger yen threatens to weigh on their financial statements. Of the seven major Japanese automakers, six — Honda Motor, Nissan Motor, Suzuki Motor, Subaru, Mazda… Continue reading Honda, Mazda on bumpy path to profit recovery amid chip crunch

Global Hybrid Electric Vehicle Market Report 2022: Upsurge in the Electrification of Vehicles Catalyzes Sector

DUBLIN, Feb. 15, 2023 /PRNewswire/ — The “Global Hybrid Electric Vehicle Market By Hybridization Type, By Vehicle Type, By Powertrain, By Propulsion, By Region, Competition Forecast & Opportunities, 2027” report has been added to  ResearchAndMarkets.com’s offering. The hybrid electric vehicle market stood around USD 290.63 billion in 2021 and is estimated to reach USD 523.74… Continue reading Global Hybrid Electric Vehicle Market Report 2022: Upsurge in the Electrification of Vehicles Catalyzes Sector

Nissan India plans aftersales overhaul ahead of new SUV, EV launches

As is already known, the Renault Nissan Alliance is to launch six new made-in-India models starting from 2025, as part of a Rs 5,300 crore) investment. However, in the lead up to that, Nissan India will also be shoring up its dealer network and service centres to prepare for the new launches. Moreover, the Japanese brand acknowledged… Continue reading Nissan India plans aftersales overhaul ahead of new SUV, EV launches

From the archive: on this day in 1992

Like Toyota now, Nissan was enjoying a golden era in the late ’80s and early ’90s and showing off with great performance cars.  Having homologated the new Mk7 Sunny for Group A rallying with the scorching GTi-R in 1990, the Japanese firm set to work on a hot hatch for all, rivalling Honda’s Civic VTi… Continue reading From the archive: on this day in 1992

Commercial airframe component market size to grow by USD 4,054.71 million; Driven by growing air passenger traffic – Technavio

NEW YORK, Feb. 14, 2023 /PRNewswire/ — The commercial airframe component market size is forecast to increase by USD 4,054.71 million from 2022 to 2027. However, the growth momentum will be decelerating at a CAGR of 6.36%, according to a recent market study by Technavio. The report includes historic market data from 2017 to 2021. In… Continue reading Commercial airframe component market size to grow by USD 4,054.71 million; Driven by growing air passenger traffic – Technavio

Tesla Workers in Buffalo Begin Union Drive

A group of workers at a Tesla factory in Buffalo began a campaign on Tuesday to form a union, saying they want better pay and benefits. If successful, the effort could establish the first union at the fast-growing auto and energy company, which has fiercely resisted efforts to organize its employees. The factory in Buffalo… Continue reading Tesla Workers in Buffalo Begin Union Drive

Nissan recall: Air bag can knock steering wheel emblem loose

Detroit – Nissan is recalling more than 463,000 older vehicles because the emblem on the steering wheel can come loose when the air bag is deployed and injure drivers. The recall mainly in North America covers certain Frontier small pickups, Titan large pickups and Xterra, Pathfinder and Armada SUVs from 2008 through 2011. Also included… Continue reading Nissan recall: Air bag can knock steering wheel emblem loose

Electric vehicle motor market to grow at a CAGR of 20.87%: Evolving opportunities with ECOmove GmbH, Ford Motor Co. among others- Technavio

NEW YORK, Feb. 14, 2023 /PRNewswire/ — The global electric vehicle motor market size is estimated to increase by USD 14,492.96 million between 2022 and 2027. The market’s growth momentum will accelerate at a CAGR of 20.87%. The report also includes historic market data from 2017 to 2021. In 2017, the electric vehicle motor market was… Continue reading Electric vehicle motor market to grow at a CAGR of 20.87%: Evolving opportunities with ECOmove GmbH, Ford Motor Co. among others- Technavio

Rivian R1T is More Loved than Ford Trucks, Strategic Vision’s Most Loved Vehicle Awards Explains Why

SAN DIEGO, Feb. 14, 2023 /PRNewswire/ — The Rivian R1T ranks above all electric and gas-powered pickups as the most Loved truck in America. The answer to why is detailed in Strategic Vision’s annual Most Loved Vehicles™ (MLV), which examines 118 different vehicle attributes and features measured on a unique scale that captures the “top… Continue reading Rivian R1T is More Loved than Ford Trucks, Strategic Vision’s Most Loved Vehicle Awards Explains Why