Toyota Sales Dropped!

August 5th, 2008 admin Automobile 0

ToyotaThe world leading car provider company Toyota’s car selling rate is uncertainly dropped. Toyota motor sales reported half-year sales of their cars are 1,240,086. It is down 10.3 percent from the last June. In the USA the sales drop 21%.

It is prove that the today’s world best automobile company is Toyota. There you will not found any city where you don’t see at least a single car of Toyota Company. The car of this company captures the whole world. There is a lot of Toyota cars, but people don’t bored with their newly addition of car. Their all designed car is attracted by the people. So the in the road you will see different model’s Toyota car is running. They are modern in their design with the passing of time. So the newly added cars are always stylish and have well facilities. So people are always waited for the new model of the Toyota car. Such as the new model of Allion of Toyota company was getting so much popularity among the user. If we see from the starting to 2007 the selling rate of Toyota car is really good. Though, some time it was fallen in a low rate. But half of this year sales rate is anxiously low for the company.

The last year selling rate and the popularity of the Toyota car was so much good. And even today the popularity of the car is not fallen among the user. So what is the reason for the falling rate of the car sale? It may be today’s increasing life leading cost, increasing of fuel oil cost the car selling rate is dropped. Others, with the increasing price of automobile parts the price of Toyota car is also getting high it can be a big reason for small amount of selling of Toyota car.

Sofinnova purchase cellular phone business from Safran

August 5th, 2008 admin Telecommunication 0

SofinnovaSafran has made a deed with French business enterprise capital firm Sofinnova Partners for the divestment of its cellular phone business. By the deal Esmertec AG has agreed to sign a contract with Sofinnova and Safran to get the ownership of Sagem Mobiles software platform activities. As part of the agreement Sagem Mobiles will keep on its business before the transaction is done.

Now, Sofinnova is looking for making a new cellular phone original design manufacturer company to develop as well as expand its product and to market these products under other manufacturers or the new brand names.

By the agreement Sofinnova will keep maximum stake. On the other hand, Safran will preserve around10 percent and they decide new company will be called Sagem Wireless. The company will work for mobile phone personalization as subcontract. And it will also operate for packaging operations to the Safran plant in Fougères. It will have around 70 employees at Cergy-Pontoise in Paris and 240 employees at Ningbo in China. They will work for the development of its software platforms with Esmertec and Purple Labs at Le Bourget du Lac in France. Purple Labs provide a complete Linux software suite as a customizable software solution to the wireless industry packaged. It offers full hardware with software reference design as well.

The company selects Pasquale Pistorio as the chairman of Sagem Wireless. He was former president along with CEO of STMicroelectronics and he was also former chairman of Telecom Italia. On the other hand Sofinnova is a shareholder of two companies. So Sofinnova will transfer 250 workforces from Sagem Mobiles R&D department for new company.

On the other hand, Esmertec provides Java in-device engines along with cellular phone services platforms. The new compnay provides high growth in Esmertecs business by increase consumer relationships through supplementary products as well as services ahead of Java in-device engines. It ought to offer a great opportunity to promote the soaring growth segment of voice-centric cellular phones with the getting hold of platform already installed in millions of cell phones of users. Moreover, it will offer a considerable expansion of Esmertec’s IP with patent base. It also make able the company’s mid- and long-term plan, policy and strategy to make longer its footprint in (cell phone) software stacks by making unite a mature software platform and a flexible with upcoming substantiation Java middleware as well as application layer to provide the future mobile phone convergence as well as consumer electronics goods business.

Related Tags

    pistrorio in sofinova , sofinnova safran

Nissan’s profit drops – Bound to reduce production and employment?

August 5th, 2008 admin Automobile 0

NissanNissan Motor Company, Limited, Japan’s third-largest automaker, announced 1st August, Friday its second-quarter, April-June, net profit dropped 42.8% to 52.8 billion yen(around $500 million Canadian) beat by a rising yen with accounting provisions for the declining charge of leased automobile as 42 billion yen or $402 million. At the same time sales fell 4.1% from a year earlier to 2.3 trillion yen or $22.4 billion. Though Nissan ensured its July vehicle sales increased 8.5% during a month on the other hand Toyota said an 11% sales decline.

In spite of a slump in demand in the U.S.A. and Japanese car markets with soaring material costs, production costs as well as maintenance costs Nissan kept its revenue forecasts for the running fiscal year through March 2009 with a net income of 340 billion yen or $3.3 billion. Vehicles sales are expected to stay at 10.4 trillion yen or $99 billion.

Nissan’s overall sales for the April-June quarter increased 6.9% from a year earlier to 936,000 automobiles. Alternatively its sales in the U.S. car market fell 1.5% to 253,000 vehicles. The company said the U.S car market decreased by 12% during the quarter but North American sales edged up 1.9% to 330,000 vehicles. On the other hand sales in Japan fell 2.2% to 148,000 vehicles though that time in Europe were flat at 156,000 vehicles. The company said foreign exchange losses around to 54.7 billion yen or $523 million in the quarter. And it shares fell 1.4% to 828 yen Friday at Tokyo in Japan.

Although its July sales were better than any other major automobile company in the U.S.A. but this country’s unstable car market is dragging down Nissan Motor Company, Ltd. income and bound the company to condense production and reduce entire employment. That’s why Nissan Motor Co. announced that it would reduce a shift of truck production at its plant in Smyrna and Tenn. The company also offers buyouts worth $100,000 to $125,000 to workers at Smyrna, Decherd as well as Tenn. Nisssan expects 1,200 employees will accept the offer.

Related Tags

    ?????????