With Impala Asset Management saying it will try and place two directors at Harley-Davidson Inc, America’s oldest and best-known motorcycle maker is facing a battle with one of its investors. Impala Asset Management, run by Robert Bishop, which owns 1.9… Read More ›
market share
Lazard appoints Louis Girodolle as CEO of Lazard Investment Banking in France
Louis Girodolle has his job cut out given the challenging market environments as well as the need to retain clients in the wake of Matthieu Pigasse’s resignation as the bank’s CEO and chairman. In a statement 171-year-old bank Lazard said,… Read More ›
U.S. trade action hammer’s China’s producer price Index to lowest in 3 years
While China’s producer price index (PPI) fell to its 3 year low, the consumer price index (CPI) rose by 2.8% in July. On Friday, in a development that underscores the effectiveness of Washington’s trade action against Beijing, China’s factory gate… Read More ›
Mitsubishi Hitachi Power Systems gains top spot for large high-efficiency gas turbines
Mitsubishi’s latest generation of gas turbines churn out the maximum amount of electricity per unit of fuel burned. As per sources familiar with the matter at hand, in 2018 General Electric Co managed to book the most orders for electricity-generating… Read More ›
Britain’s Lotus car to be made in Geely’s new plant in China
Geely is aiming to emulate luxury carmakers whose SUVs have so far done well in the Chinese market. But given that China’s auto-market has shrunk for the first time in two decades as well as low sales in 2018, Geely’s… Read More ›
BMW and Mercedes gain marketshare in South Korea
With GM’s major restructuring, consumers have preferred high-end German engineering to one whose after-care services residual value is uncertain. German engineering is making history in South Korea: for the first time, BMW and Mercedes vehicles have outsold those from General… Read More ›
European business software giant SAP to acquire U.S. cloud sales management software Callidus Software Inc for $2.4 billion
The move underscores SAP core strategy of leaning on cloud-based solutions to drive up its margins and revenues. On the sidelines of SAP, Europe’s top tech company, posting results that were on the lower side of market expectations, the firm’s… Read More ›
Focus on profits and market share led to data falsification scandal: Mitsubishi Materials Corp
Here are the findings of the committee constituted by Mitsubishi Materials Corp on the data fabrication scandal. On Thursday, Japan’s Mitsubishi Materials Corp stated the push for market share had driven its subsidiary to fabricate fake product specification which led… Read More ›
Apple appoints Michel Coulomb as head of sales in the world’s 3 biggest smartphone market
The moves comes midst Apple’s efforts to gain traction in the price sensitive Indian smartphone market, where its market share is under 3%. On Tuesday, with an eye on the world’ third biggest smartphone market, U.S. tech giant Apple Inc… Read More ›
Peugeot SA to sell high-end SUVs in Brazil to lift its market share
French carmaker Peugeot aims to not only boost sales volumes but the company’s image as well in Brazil, one of the 5 priority markets for cars in the world. In a significant development that is aimed at improving French carmaker… Read More ›