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2019-12-18
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PSR Analysis: Isuzu has agreed to form a business alliance with Sweden’s Volvo in the Truck field and to acquire Volvo’s UD Trucks subsidiary. The amount of the acquisition depends on the negotiations, but Isuzu sees UD Trucks as a business size of 250 billion yen.
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2019-10-31
The Tokyo Motor Show was a major event that attracted 2 million people from the 1980s to the 1990s, but in recent years the number of visitors has decreased and the last exhibition in 2017 drew only 770,000 attendees.
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2019-08-27
Increased Uncertainty Causes Export-Investment Slump To Continue
In the August edition of
the Economic Trend Report (Green Book), the Korean Ministry of Planning
and Finance defined the recent Korean economy this way: “production has
increased moderately but exports and investments continue to be sluggish”.
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Thailand May Become New Car Sales Leader in 2019
New car sales from
January to June in six major countries in Southeast Asia were 1.7 million,
unchanged from the same period of the previous year.
Thailand and Indonesia are
the two major markets. Thailand, where consumption is strong, increased by 7%
year-on-year, while Indonesia, which faces a decline in resource prices,
decreased by 13%. Thailand could be ranked first this year for the first time
in six years.
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Mitsubishi Manufactures Wind Turbines
Mitsubishi Heavy
Industries has begun manufacturing the basic structure of wind turbines at the
Nagasaki Shipyard, where excess capacity exists. This is because MHI’s
specialty LNG carriers are monopolized by Korean manufacturers and MHI is not
receiving orders. Now, they take on non-shipbuilding jobs and help maintain the
employment of the shipyard. Their Nagasaki Shipyard started manufacturing the
basic structure that supports large wind turbines. Since the shipyard has a
space for handling large parts of the ship, it can also be used to manufacture
wind turbines.
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GUEST EDITORIAL
President and Founder, Japan Electrification Research Institute, Ltd.
SUMMARY. The global
auto industry is bubbling with changes and dramatic new ideas, but the current
declining financial performances of Japanese auto OEMs may force them to drop
out of the race temporarily before they can take advantage of the growing
demand for autonomous vehicles.
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