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2008–2010 Automotive Industry Crisis
The 2008–2010 automotive industry crisis formed part of the 2008 financial crisis and the resulting Great Recession. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automotive industry, automobile manufacturing industry. The downturn also affected Canada by virtue of the Automotive Products Trade Agreement. The automotive industry was weakened by a substantial increase in the prices of automotive fuels linked to the 2000s energy crisis, 2003–2008 energy crisis which discouraged purchases of sport utility vehicles (SUVs) and pickup trucks which have low fuel economy in automobiles, fuel economy. The popularity and relatively high profit margins of these vehicles had encouraged the American "Big Three automobile manufacturers#United States and Canada, Big Three" automakers, General Motors, Ford Motor Company, Ford, and Chrysler to make them their primary focus. With fewer fuel-efficient models to offer to consumers, sales ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North America
North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Caribbean Sea, and to the south and west by the Pacific Ocean. The region includes Middle America (Americas), Middle America (comprising the Caribbean, Central America, and Mexico) and Northern America. North America covers an area of about , representing approximately 16.5% of Earth's land area and 4.8% of its total surface area. It is the third-largest continent by size after Asia and Africa, and the list of continents and continental subregions by population, fourth-largest continent by population after Asia, Africa, and Europe. , North America's population was estimated as over 592 million people in list of sovereign states and dependent territories in North America, 23 independent states, or about 7.5% of the world's popula ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tata Nano
The Tata Nano is a city car/microcar manufactured and marketed by Indian automaker Tata Motors over a single generation from 2008–2018, primarily in India, as an inexpensive rear-engine hatchback for motorcycle and scooter drivers — with a launch price of () on 10 January 2008. Tata Motors projected production figures of 250,000 annually at launch. This was not achieved, and various factors led to a decline in sales volume, including delays during the factory relocation from Singur to Sanand, early instances of the Nano catching fire and the perception that the Nano was unsafe and lacked quality from its aggressive cost cutting. Actual sales reached 7,591 for model year 2016-2017. The project lost money, as confirmed by former Tata Sons chairman Cyrus Mistry and by 2017 Tata Motors management. In 2017, Tata Motors said manufacturing would continue due to the company's emotional commitment to the project. Production was eventually halted in May 2018. The Sanand Plant ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tata Motors
Tata Motors Limited is an Indian Multinational corporation, multinational Automotive industry, automotive company, headquartered in Mumbai and part of the Tata Group. The company produces passenger cars, cars, trucks, vans, and busses, buses. The company's notable subsidiaries include British Jaguar Land Rover and South Korean Tata Daewoo. Tata Motors has joint ventures with Hitachi (Tata Hitachi Construction Machinery) and Stellantis, which makes vehicle parts for Fiat Chrysler and Tata-branded vehicles. Tata Motors has auto manufacturing and vehicle plants in Jamshedpur, Pantnagar, Lucknow, Sanand Plant (Tata Motors), Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, the United Kingdom, and Thailand. It has research and development centers in Pune, Jamshedpur, Lucknow, Dharwad, India and South Korea, the United Kingdom, and Spain. Tata Motors is listed on the Bombay Stock Exchange, BSE and National Stock Exchange of India, NSE, and is a constituent of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Bank Of India
State Bank of India (SBI) is an Indian Multinational corporation, multinational Public sector undertakings in India, public sector bank and financial service body headquartered in Mumbai. It is the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the List of largest employers in India, tenth largest employer in India with nearly 250,000 employees. As of 2024, SBI has 50 crore customers. The Reserve Bank of India (RBI) has identified SBI, HDFC Bank, and ICICI Bank as Systemically important financial institution, Domestic Systemically Important Banks (D-SIBs), which are often referred to as banks that are "too big to fail". SBI is the List of largest banks, 47th largest bank in the world by total assets and ranked 178th in the Fortune Global 500, ''Fortune'' Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. In 2024, SBI was ranked 55th in Forbes Global 2000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automobile Industry In China
The automotive industry in mainland China has been the largest in the world measured by automobile unit production since 2008. , mainland China is also the world's largest automobile market both in terms of sales and ownership. The Chinese automotive industry has seen significant developments and transformations over the years. While the period from 1949 to 1980 witnessed slow progress in the industry due to restricted competition and political instability during the Cultural Revolution, the landscape started to shift during the Chinese economic reform period that started in the late 1970s, especially after the government's seventh five-year plan between 1986 and 1990 prioritized the domestic automobile manufacturing sector. Foreign investment and joint ventures played a crucial role in attracting foreign technology and capital into China. American Motors Corporation (AMC) and Volkswagen were among the early entrants, signing long-term contracts to produce vehicles in China. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chery Automobile
Chery Automobile Co. Ltd., trading as Chery (), is a Chinese automobile manufacturer owned by Chery Holding Group Co., Ltd. Founded in 1997, it is currently the fourth largest automobile manufacturer group in China, with 2,603,916 vehicles sold in 2024. The company is headquartered in Wuhu, Anhui, China; and currently under the ownership of the Wuhu municipal government. Chery was founded in 1997 by government officials of Wuhu, who appointed Yin Tongyue, the current chairman, as the company's first technical director. Chery launched its first car called the Fengyun in 1999, using a licensed SEAT chassis. During its early years, Chery utilized technologies from other manufacturers; some were licensed and others were acquired by reverse engineering. This practice led to a lawsuit in 2003 filed by General Motors alleging that Chery had copied the design of one of its cars. Chery has since developed and improved its technologies. Since 2006, Chery has produced its engines bran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Production Model
Production vehicles or production cars are mass-produced models of automobiles offered for sale to the public and can be legally driven on public roads. Legislation and other industrial rules define the production vehicle within particular countries or uses. There is no single fixed global definition of the term. Origin The earliest use of the term ''production car'' being applied to motor cars, found to date, was in a June 1914 American advertisement for a Regal motor car. The phrase was a shortened form of ''mass-produced'' or ''quantity-produced'' car. The phrase was also used in terms of the car to be made in production, as opposed to the prototype. At that time, production cars referred to less expensive vehicles, such as the Ford Model T, made in relatively large numbers on production lines instead of the more exclusive coach-built models. Now, the term has broadened to include hand-assembled vehicles and those made on production or assembly line. The main criterion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BYD F3
The BYD F3 is a compact car that was produced by the Chinese car manufacturer BYD Auto, BYD between 2005 and 2021. The first BYD vehicle of their own design, production of the first generation model commenced in September 2005. A few variants were introduced including the BYD F3DM plug-in hybrid version, and the larger and more premium BYD G3 and BYD L3. The second generation model was launched in 2012 as a more premium option called the Surui. The second generation model was sold alongside the first generation facelift models and spawned the more upmarket BYD Qin which later replaced the Surui and fits inline with the rest of the Dynasty series BYD models. __TOC__ First generation (2005) The first generation BYD F3 commenced production in September 2005. The original F3 is powered by Mitsubishi's 4G-series four-cylinder engines for early models. Between 2011 and 2013, the BYD F3 was assembled in Russia, at TagAZ factory. File:BYD F3 rear 2 China 2012-04-15.JPG, 2005–201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plug-in Hybrid
A plug-in hybrid electric vehicle (PHEV) or simply plug-in hybrid is a type of hybrid electric vehicle equipped with a rechargeable battery pack that can be directly replenished via a charging cable plugged into an external electric power source, in addition to charging internally by its on-board internal combustion engine-powered generator. While PHEVs are predominantly passenger cars, there are also plug-in hybrid variants of sports cars, commercial vehicles, vans, utility trucks, buses, trains, motorcycles, mopeds, military vehicles and boats. Similar to battery electric vehicles (BEVs), plug-in hybrids can use centralized generators of renewable energy (e.g. solar, wind or hydroelectric) to be largely emission-free, or a fossil plant in which case they displace greenhouse gas emissions from the car tailpipe exhaust to the power station. As opposed to conventional hybrid electric vehicles (HEVs), PHEVs generally have a larger battery pack that can be recharged (the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BYD F3 Facelift China 2019-03-14
BYD or Byd may refer to: Companies * BYD Company, an automobile and rechargeable battery producer in China ** BYD Auto, a subsidiary automobile manufacturer in China * Boyd Gaming, a gaming and hospitality company (NYSE ticker symbol: BYD) Other uses * Barley yellow dwarf, a plant disease caused by the barley yellow dwarf virus * Barry Docks railway station (National Rail station code), Wales * ''Y Byd'', a Welsh-language newspaper * Bury Your Dead, American rock band See also * Byrd (other) * Boyd (other) Boyd may refer to: Places Canada * Boyd Conservation Area, a conservation area located northwest of Toronto, Ontario * Boyd Lake (other) United States * Boyd County (other) * Boyd, Indiana * Boyd, Iowa * Boyd, Kansas * ... * Beyond (other) {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
