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CommentWire
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ANJI-TNT Automotive Logistics Company, part of TPG's [TP] TNT Logistics division, has agreed a five-year, E100 million contract with Shanghai Volkswagen. The deal affirms the joint venture's leading position as a logistics provider to China's booming automotive sector.
Published By Datamonitor
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22 Jul 2003 |
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CommentWire
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Japanese carmaker Toyota [TM] continues to perform, once again topping JD Power's US customer satisfaction survey, and increasing sales by 6% in Europe. Clever marketing has helped to project a more sporty image of what used to be seen as staid cars, and could propel it to the global number one spot.
Published By Datamonitor
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15 Jul 2003 |
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CommentWire
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Reports in Japan suggest that Toyota is set to raise the price of its cars in the US to calm trade tensions between Japan and the US. However, the problem remains with GM and Ford's inability to increase sales, something Toyota's price rise will do nothing to ameliorate.
Published By Datamonitor
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14 Jun 2005 |
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CommentWire
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Having revised and increased its production forecast in July, it is no surprise that Toyota has announced strong Q1 results. The company benefited strongly from sales in overseas markets, which were up by 65.1% on the same quarter a year ago. Having successfully penetrated the US and much of the rest of the world, Toyota should now turn its attentions to the emerging markets of China and India.
Published By Datamonitor
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04 Aug 2004 |
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Expert View
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Car manufacturer Toyota and Tesla, the battery-powered sports car pioneer, have announced that they are to work together in a surprise deal which will see Toyota initially invest $50m in the small California-based company. Despite obvious benefits for hybrid vehicle development, the deal represents an attempt by Toyota to restore its profile in the media and seek new technological innovation.
Published By Datamonitor
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03 Jun 2010 |
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Expert View
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The financial crisis curbed the growth of the automotive industry, as new car sales declined, industry players filed for chapter 11 bankruptcy and governments rolled out economic stimulus packages. Now, halfway through 2010, global volumes are recovering, fueled by growth of 2.2% in the car parc, and Datamonitor expects the global auto aftermarket to see growth of 0.7% by the end of the year.
Published By Datamonitor
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06 Aug 2010 |
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Expert View
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The earthquake and following tsunami on March 11 devastated the east coast of Japan, the world's third largest economy, and this is expected to result in a reduction in the nation's economic growth of 0.5 percentage points this year. This will in large part be due to the slowdown in Japan's auto industry, but the market's innate advantages may be able to generate a recovery by the end of 2011.
Published By Datamonitor
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08 Apr 2011 |
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CommentWire
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September 27 saw Tata Motors [TTM] become the first Indian company from the automotive sector to float on the NYSE. The benefits of listing in New York should be a useful springboard for future international growth, though the quality of Tata's vehicles will perhaps be the most vital determining factor in the firm's future performance.
Published By Datamonitor
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28 Sep 2004 |
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CommentWire
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The global auto giants are increasingly looking to reduce costs by moving parts production to low cost locations outside restrictive western markets. India's Tata AutoComp Systems (TACS) is in a prime position to cash in on this trend, and a successful IPO could give it the financial backing required to maximize this opportunity.
Published By Datamonitor
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17 Aug 2004 |
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CommentWire
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Suzuki has revealed plans to ramp up investment in India, its largest overseas market. As well as boosting production, the Japanese major will develop a new line of mid-sized sedans. A departure from minicars is a wise move by Suzuki: competing in more than one segment will enable it to keep pace in one of the region's fastest growing automotive markets.
Published By Datamonitor
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24 Oct 2005 |
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