Japan’s hesitancy toward EVs is taking its toll on automakers in China. Nissan’s sales are plummeting after failing to keep up with EV leaders like Tesla and BYD. Slow EV transition is costing Nissan in China Nissan is struggling to keep up in the largest EV market globally as sales continue to slide. The Japanese… Continue reading Nissan’s sales woes in China worsen as slow EV shift proves costly
Tag: Strategy
GM secures new $6 billion credit line as UAW strike costs reach $200 million
watch now DETROIT – General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. “The facility that we announced today is a $6 billion line of credit that I think is prudent in light of some of the messages that we’ve seen… Continue reading GM secures new $6 billion credit line as UAW strike costs reach $200 million
Holden Group buys Cecil & Larter in Bury St Edmunds
Holden Group has acquired Cecil & Larter Volvo dealership in Bury St Edmunds this week. The group has also announced plans for a new multi-million-pound, state-of-the-art facility for Hylton Gott Volvo, which it acquired in 2019. Tim Holden, chairman of Holden Group, said “Our family business is 95 years old, dating back to 1928 when… Continue reading Holden Group buys Cecil & Larter in Bury St Edmunds
SKF inaugurates factory in Monterrey, Mexico
GOTHENBURG, Sweden, Oct. 4, 2023 /PRNewswire/ — SKF has inaugurated its new facility in Monterrey, Mexico, a greenfield factory investment totaling SEK 700 million. This will support SKF’s strategic development in the Americas and meet customer needs as focus on electrification increases. The investments are also an important step in SKF’s ongoing Automotive portfolio re-positioning towards… Continue reading SKF inaugurates factory in Monterrey, Mexico
The Warehousing And Storage Market Is Expected To Reach $950 Billion By 2027, Driven by E-Commerce Industry Expansion – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, Oct. 4, 2023 /PRNewswire/ — As per The Business Research Company’s Warehousing And Storage Global Market Report 2023, the global warehousing and storage market has experienced remarkable growth, surging from $660.39… Continue reading The Warehousing And Storage Market Is Expected To Reach $950 Billion By 2027, Driven by E-Commerce Industry Expansion – By The Business Research Company
36 Cloud Vendors Prohibit Services to Casino Businesses, iPost and QCI announce an exclusive relationship to provide a solution for digital communication
SAN DIEGO, Oct. 4, 2023 /PRNewswire/ — Cameron Kane, CEO at iPost, stated, “We have identified 36 email vendors explicitly excluding casinos from their platforms in their Acceptable Use Policies (AUP). Some Email Service Providers are even advising casinos to seek alternative platforms. While we respect their decisions, we firmly believe that every casino should… Continue reading 36 Cloud Vendors Prohibit Services to Casino Businesses, iPost and QCI announce an exclusive relationship to provide a solution for digital communication
BURRELL COMMUNICATIONS GROUP COLLABORATES WITH NOTED PRODUCER-DIRECTOR KENYA BARRIS IN HIS FIRST SERIES OF TV COMMERCIALS FOR TOYOTA’S FIRST EVER ‘GRAND HIGHLANDER’
CHICAGO, Oct. 4, 2023 /PRNewswire/ — Burrell Communications Group, one of the nation’s largest multicultural marketing communications agencies, has announced yet another signature and groundbreaking national ad campaign supporting the launch of the first ever Toyota Grand Highlander. Continue Reading Kenya Barris, (c) 2023, photo by Matt Sayles Themed “Life’s Grander,” the campaign was conceived… Continue reading BURRELL COMMUNICATIONS GROUP COLLABORATES WITH NOTED PRODUCER-DIRECTOR KENYA BARRIS IN HIS FIRST SERIES OF TV COMMERCIALS FOR TOYOTA’S FIRST EVER ‘GRAND HIGHLANDER’
@Toyota: LG Energy Solution and Toyota Sign Long-term Battery Supply Agreement to Power Electric Vehicles in the U.S.
Two global leaders join forces to drive the future growth of battery electric vehicles in the U.S. LG Energy Solution to supply Toyota with 20GWh of high-nickel NCMA battery modules annually from 2025. Modules produced in LG Energy Solution’s Michigan facility to be used to power a new BEV model assembled in North America, at… Continue reading @Toyota: LG Energy Solution and Toyota Sign Long-term Battery Supply Agreement to Power Electric Vehicles in the U.S.
LG Energy Solution and Toyota Sign Long-term Battery Supply Agreement to Power Electric Vehicles in the U.S.
Two global leaders join forces to drive the future growth of battery electric vehicles in the U.S. LG Energy Solution to supply Toyota with 20GWh of high-nickel NCMA battery modules annually from 2025. Modules produced in LG Energy Solution’s Michigan facility to be used to power a new BEV model assembled in North America, at… Continue reading LG Energy Solution and Toyota Sign Long-term Battery Supply Agreement to Power Electric Vehicles in the U.S.
China rebukes EU after formal launch of EV subsidy probe
The European Commission has said China’s share of EVs sold in Europe has risen to 8% and could reach 15% in 2025. China voiced dissatisfaction on Wednesday at a demand by the European Union to engage within a “very short” time in consultations on the bloc’s inquiry into subsidies for electric vehicles. The remarks came… Continue reading China rebukes EU after formal launch of EV subsidy probe