Respect your peers – comment on their Posts New Posts Disabled [except for those by the prof] until the class is next taught [tentatively] in…
Month: December 2013
This morning Robinson Cano, an all-star second baseman who made a name for himself with the New York Yankees, reportedly signed a deal with the…
In October 2013 sales in China reached 1.92 million units – see the China Auto Industry Association statistics page for details. That’s just shy of a 24 million unit rate, and is surely the largest number of vehicles ever sold in a single market in a month. For GM, sales were 282,000 units – 25% more than US sales that month. Everyone is in the market, or preparing to enter there. The Korean neighbors (Kia and Hyundai, but also Daewoo as part of GM), Japan (or at least the Japan Three of Toyota, Honda and Nissan, and Mazda and Suzuki), Germany (BMW, Mercedes, VW), the Detroit Three and now the French, both PSA and Renault. A host of local firms continue, though most as paper entities. Still, Great Wall, Chery, Geely, BYD, Changan and others.
This raises a host of questions. I focus on two: geography and profitability. I frame my brief analysis using the perspective of the OEMs. Since more and more value added lies with suppliers, that may lead to inappropriate conclusions, but for now I will accept the status quo terms of debate.
The US electronic-cigarette industry has tripled sales due to the help of TV ads, NASCAR sponsorships, and products giveaways, which has led to a $1.5…
Due to the increase consumer spending during the holiday season, Wal-Mart Stores and Amazon.com are preparing for the expected online spending. In early October, Wal-Mart…