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Taking These Actions in Japan and the U.S. Is The Best Way To Address The Ongoing Issues With Certainty And In An Organized Manner – Takata

Japanese automotive supplier Takata has filed for bankruptcy in Japan and the US and that it had agreed to be acquired for US$1.6 billion by the Chinese-owned U.S.-based Key Safety Systems. In the biggest bankruptcy of a Japanese manufacturer, Takata faces tens of billions of dollars in costs and liabilities resulting from almost a decade […]

Global Smartphone Boom May Have Peaked – IMF

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

Chairman of the Jamaica Special Economic Zone Authority, Metry Seaga, says that negotiations are far advanced with a motor-vehicle manufacturer to operate out of one of the six special economic zones (SEZs) that have already been designated by the Government. Mr. Seaga speaking on the Jamaica Information Service (JIS) news magazine programme, ‘Issues and Answers’ […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Jetcon Looking To Secure Lucrative Tender Contract To Supply Pre-Owned Motor Vehicles To Jamaican Government.

Jetcon Corporation, the Andrew Jackson led dealer of pre-owned cars is yet to secure a lucrative tender contract to supply pre-owned motor vehicles to the Jamaican government. Management is however looking to such opportunities to bid on any contract that may be available in the future and is keeping an eye on the government’s continued […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Investors Reward Telsa And Amazon With Higher Market Caps Compared To Their Peers

Tesla the upstart electric carmaker for example has roared ahead of Ford and has now surpassed the US motor pioneer in market value, as investors look to a future beyond the internal combustion engine. Analysts however are not convinced of the sustainability of this as they remind investors that Ford earns money, lots of it […]

Global Smartphone Boom May Have Peaked – IMF

Toyota To Invest £240m Upgrading UK Factory Making Auris And Avensis Models

Toyota is to invest £240m in upgrading its UK factory that makes the Auris and Avensis models. The Japanese carmaker says its investment in the Burnaston plant near Derby will allow production of vehicles using its new global manufacturing system. The factory currently employs about 2,500 people, while another 590 work at Toyota’s engine plant […]

Global Smartphone Boom May Have Peaked – IMF

The Criminal Acts (VW diesel emissions scandal) Occurred In Both Germany And The United States – Manfred Doess

Volkswagen has pleaded guilty to three charges as part of a $4.3bn agreement with the US regulators over the diesel emissions scandal. The German car maker has pleaded guilty to conspiracy to commit fraud, obstruction of justice and entry of goods by false statement. VW general counsel Manfred Doess told a court in Detroit that […]

Global Smartphone Boom May Have Peaked – IMF

PSA Group, Maker Of Peugeot Cars, In Talks To Buy General Motors’ Loss-Making European Business Opel.

UK and German governments are seeking to safeguard jobs in the potential merger of the Vauxhall and Peugeot carmakers. Ministers have raised concerns after PSA Group, maker of Peugeot cars, said it was in talks to buy General Motors’ loss-making European business Opel. Business Secretary Greg Clark says he intends to make a “strong case” […]

Global Smartphone Boom May Have Peaked – IMF