Hints and tips:
...That includes setting up factories and research centres in Europe and North America, as well as forming joint ventures with European and US companies....
...Robert Lee, head of the company’s North American operations, told the Financial Times this year that the higher energy density of LGES’s nickel-rich batteries and its relationships with global carmakers...
...GM said: “Most of the parts we use in North America are already sourced in North America, and supply chain challenges over the past few years have reinforced the value of the resilience of our sourcing.”...
...“The IRA has unlocked trillions of dollars in investment and for us, that’s a net positive,” says Andrew Adair, trade adviser for North America with the VDMA, the main trade body for the German machine-building...
...“North America is becoming the main driver of our business,” says Ryuichi Isaka, Seven & i’s president....
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2022....
...Detroit’s show vaulted into the international ranks in 1991 following a rebranding as the North American International Auto Show....
...Company FY, Mazda Motor Corporation FY, Sage H1, Toshiba FY World events Finally, here is a rundown of other events and milestones this week....
...Rivian was initially seen as such a threat by America’s truckmakers that it was courted by both General Motors and Ford, with the latter eventually succeeding in partnering with the group....
...Germany’s Volkswagen has reduced output at sites in China, North America and Europe due to a lack of semiconductors, while Ford has idled some production in the US....
...While the American car market is at near-peak levels after years of strong growth following the financial crisis, consumers switching from saloon cars to sports-utility vehicles have forced some brands to...
...However, Ford said its recovery in North America, “assume continued healthy economic conditions”....
...“Our investment to establish a new vehicle assembly plant with Mazda builds on the strong success we have enjoyed in Alabama where we produce engines for the North American market,” said Toyota president...
...“In a perfect world we’d have been in this position three or four years ago,” said Mr Jenkins, a former head of design for Mazda in North America....
...such as Jaguar Land Rover, whose production for North America is in the UK....
...A version of this article was first published by the Nikkei Asian Review on November 14, 2018. ©2018 Nikkei Inc. All rights reserved....
...The boards of Toyota and Mazda are expected to decide later today on a possible collaboration between the two Japanese carmakers....
...The price increases are forcing customers to squeeze operations to look for savings, says Dave Arndt, president of Pentaflex and chairman of the Precision Metalforming Association, which represents the industry...
...In a boost to Donald Trump’s US investment agenda, the factory, which is expected to start operations in 2021, will have an annual capacity of 300,000 units and create up to 4,000 jobs....
...Shares in Toyota Motor and Mazda Motor were up as much as 2.3 per cent and 2.4 per cent, respectively, after the carmakers announced they would jointly build a $1.6bn plant in the US and co-ordinate work...
...Ford later announced it was cutting 1,400 salaried jobs in North America and Asia and said it would move production of the Ford Focus, from Mexico to China — not the US....
...At the same time, it is moving more of its resources into North America and China, which account for more than 70 per cent of its global unit sales....
...The trajectory of a launch from the site at Mahia, on the east coast of the country’s North Island, takes the Electron over open water and is well suited to putting satellites into a north-to-south orbit...
...Downstream refining and marketing operations have offset some of the losses but margins have been under pressure in those businesses too....
...North American revenue was up 10.7 per cent to $29.3bn and adjusted North American operating profits were up 48.8 per cent to $3.4bn....
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