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CommentWire
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Commercial vehicle manufacturers are especially sensitive to the vagaries of the wider global economy, with the measure of a successful manufacturer often being one that can retain solid sales in a macroeconomic slump. Volvo's [VOLVB.ST] latest figures suggest that its restructuring program is beginning to bear fruit, and this should stand it in good stead for any future downturn.
Published By Datamonitor
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23 Jul 2004 |
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CommentWire
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Japan's number one vehicle manufacturer has enjoyed considerable gains in recent years, with new figures just released confirming that this year will be no exception. As Toyota [TM] sees ever more rapidly expanding global production growth, its UK strategy is turning increasingly towards the fleet market.
Published By Datamonitor
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29 Jul 2003 |
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CommentWire
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Renault Trucks has signed an agreement with Chinese Truck manufacturer Dong Feng Motors. This joint venture, together with another truck production deal in the country, will reinforce Volvo Group's position in the growing Chinese commercial vehicles market, as well as offering it an advantage in the component sector.
Published By Datamonitor
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29 Jan 2004 |
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CommentWire
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Chinese auto manufacturer Great Wall may be facing a lawsuit from Nissan [NSANY] over design copyright. Since China gained entry into the WTO more than a year ago many barriers and tariffs on auto imports have been abolished. Despite a pledge from the Chinese government to improve its discouraging record on protecting intellectual property, rules still need to be rigorously reinforced.
Published By Datamonitor
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01 Dec 2003 |
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CommentWire
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Mitsubishi Motors [7211.T] is to discuss the sale of its 42% stake in truck manufacturer Mitsubishi Fuso Truck & Bus at a meeting in Germany next Thursday. Following huge losses in the US market, Mitsubishi desperately needs cash to restructure its business.
Published By Datamonitor
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10 Dec 2003 |
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Expert View
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Indian vehicle manufacturer Mahindra & Mahindra has acquired a majority stake in REVA, the largest electric vehicle specialist in the country. Datamonitor believes that the deal is representative of a growing trend among traditional carmakers to move into the electric vehicle market through alliances with niche players in this sector.
Published By Datamonitor
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01 Jun 2010 |
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CommentWire
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Hino Motors [7205.TO] has denied having any interest in purchasing some of Volvo's [VOLVB.ST] share in Swedish rival Scania [SCVB.ST]. However, a potential stake in the large and reputable European truck manufacturer could give the Japanese manufacturer a solid base in Europe.
Published By Datamonitor
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01 Mar 2004 |
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Expert View
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Rising gasoline prices are pushing North American consumers towards more fuel-efficient models, leading Japanese manufacturers such as Honda to benefit, to the detriment of their US rivals. Fuel efficiency, it is clear, has become a decisive selling point for the SUV target and the US big three need to respond to this trend, as Datamonitor's Richard Carteau reports...
Published By Datamonitor
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06 Dec 2005 |
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CommentWire
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Ford Motor's [F] redesigned F-150 pick-up is boosting the company's finances. Ford hopes to prolong this trend by trimming around $1,000 from each model's production cost by the end of 2004. As long as the F-150 remains Ford's best selling vehicle, the company can be confident of the boost it will provide to the $7 billion profitability target.
Published By Datamonitor
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18 Dec 2003 |
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Expert View
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The name given to Ford's new turnaround initiative - "Way Forward" - implies that investors should be looking ahead to a more streamlined, positive future for the company. Yet many believe that the turnaround plan favors cutbacks over innovation, leaving confidence low among analysts as to whether Ford can shake off what has been described as 'a legacy of inertia'.
Published By Datamonitor
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25 Jan 2006 |
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