Remove Asia Remove Automobile Remove Corporation Remove Sale
article thumbnail

Suzuki Motor eyes record year, India to drive global sales | Autocar Professional

Baua Electric

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. In its forecast for Japanese FY-24 (Indian FY-25), the presentation added, “Expect record sales and profits due to higher unit sales.

Suzuki 52
article thumbnail

Continental considers sale of ContiTech auto unit amid broader reorganization, document says

Baua Electric

The corporate mentioned in February it was once reorganizing ContiTech from six sections into one in each and every of Europe, the Americas and Asia Pacific, era bundling its automobile actions right into a detached unit geared in opposition to electromobility. Continental declined to remark at the document. billion in 2022.

Auto 52
article thumbnail

Nissan optic exporting extra from China as gross sales hunch

Baua Electric

Global manufacturers, together with Nissan and alternative Jap manufacturers corresponding to Mitsubishi and Toyota, are suffering in China, the place they have got trailed home competition in assembly booming call for for electrical automobiles. ” If Nissan starts transport automobiles from China, Japan’s Disagree.

Nissan 52
article thumbnail

IHI and Hyundai WIA form turbocharger JV in South Korea

Green Car Congress

IHI Corporation and Hyundai WIA Corporation, a major automobile parts manufacturer and a major subsidiary of Hyundai-Kia Motor Group, have entered a joint venture agreement for turbochargers. IHI Group’s Turbocharger business aims at a target of 10 million units per year sales.

article thumbnail

GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

Terms of the sale were not disclosed. The company designs, engineers, manufactures and sells electric power steering, hydraulic power steering, steering columns and driveline halfshafts for more than 60 automobile manufacturers and tier one suppliers. Girsky, GM vice chairman, Corporate Strategy and Business Development.

GM 186
article thumbnail

In getaway battle, he discovered a trail, point of view, and occupation at Toyota in Canada

Baua Electric

As of late Tien, president of Toyota Motor Asia Pacific, is one of the automaker’s maximum senior international executives, however he were given his get started operating for the railway. His year at CP Rail sparked his hobby in automobile, as cars had been some of the key merchandise his intermodal services and products helped send.

Canada 52
article thumbnail

VinFast Still Kicking and Planning to Show Vehicles at CES

The Truth About Cars

Originally founded in Ukraine as the Technocom food processing firm in 1993, Vingroup has branched out into just about every industry relevant in Southeast Asia. It is now Vietnam’s largest corporate entity by far — with loads of global business partners, an insatiable appetite for growth, and serious political influence.