Hints and tips:
...“None of the traditional car manufacturers will have problems scaling up electric vehicle production,” says Klaus Stricker, co-head of the global automotive practice at Bain & Company....
...Samsung SDS, the group’s IT and logistics arm (among other things), gets 15 per cent of sales in the US and it has a 31 per cent correlation. Taiwan Manufacturers again....
...(Financial Times) Insurance-to-travel group Saga is putting the finishing touches to a multibillion-pound flotation....
...“Although the ‘Big Three’ strike us as undervalued from a medium-term perspective, our preference over the next three months is for Honda Motor, followed by Toyota Motor, then Nissan Motor,” the broker note...
...Japanese companies, such as Toyota, Honda, Sony and Toshiba, and a handful of US groups, including hard-disk drive maker Western Digital, must import costly new machinery and await repairs to damaged infrastructure...
...Honda Motor gained 4.1 per cent to Y2,313 after it was reported that the manufacturer would move some of its Japan-based motorcycle production to Thailand to counter the strong yen....
...Honda plans push for hybrids in China Honda Motor Co. plans a new push to make and sell hybrid cars in China as the Japanese automaker looks for ways to revitalize its brands here and as the overall industry...
...Fanuc, the industrial robot manufacturer, fell 1 per cent to Y12,300....
...Honda Motor fell 1.8 per cent to Y2,605, Toyota slid 2.6 per cent to Y3,055, while Sonylost 2.8 per cent to Y2,336....
...Wells Fargo Dealer Services, GMAC, Ford Motor Credit, American Honda Finance, Bank of America, Nissan Infiniti Financial Services, Capital One Auto Finance and Fifth Third Bank, round out the top 10, the...
...The trade row that erupted between US and China over the weekend saw Chinese tyre manufacturers tumble but poultry and vehicle producers gain....
...… Even as a child in New Jersey, Jeff Bewkes wanted to be in the media....
...The new building has opened doors to new, bigger customers. We started with Waitrose in March of this year, and in September we got a contract to supply M&S....
...In Australia, the S&P/ASX 200 dropped 0.6 per cent to 3,331.6, a five-year low. Woodside Petroleum helped limit the index’s declines, amid talk of a new gas discovery....
...Even countries without an indigenous motor manufacturer have not shied away from public sector support....
...In corporate news, American International Group will receive a $40bn capital infusion from the Treasury in exchange for preferred stock under the Troubled Assets Relief Program (Tarp), the insurance company...
...Toyota Motor, Japan’s biggest car maker, fell by 3.4 per cent to Y4,310 after American sales dropped by 32 per cent....
...Nissan Motor lost 2.9 per cent to Y833 and Honda Motor fell by 1.1 per cent to Y3,600. Banks suffered from as subprime-related worries continued....
...Carmakers and battery manufacturers say their products will be safe but the risk is nightmarish for automotive groups....
...But Honda Motor rose by 2.2 per cent to Y3,830 on reports of rising sales for its hybrid petrol-electric vehicles in the US....
...Honda Motor dropped 3.9 per cent to Y3,210 and Suzuki Motor lost 3.8 per cent to Y2,550....
...s SR-V vehicle is a copy of Honda?s CR-V sports utility vehicle. ?They are offering kits that allow you to change the emblem to CR-V,? said a Honda spokesman....
...News that the economy had expanded by just 0.1 per cent in the fourth quarter of the year had similarly little impact. The S&P/ASX 200 index closed 0.2 per cent firmer at 4,191.5....
...Lin Xiaogang, chief executive of Huachen Auto Group, a Chinese car manufacturer, adds: "It is difficult to compete with those companies that have accumulated brand equity over a number of years."...
...Insurers also traded higher, with Insurance Australia Group rising 4.9 per cent to A$6.65. BHP Billiton, the miner, closed 2.3 per cent higher at A$16.40 following a strong production report....
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