automotive industry

InnoTek subsidiary increases capital to $4.8 mil from $3.1 mil - THE EDGE SINGAPORE

Company in the news

InnoTek subsidiary increases capital to $4.8 mil from $3.1 mil

Mansfield (Thailand), a subsidiary of Mansfield Manufacturing Company Limited, which is, in turn, a subsidiary of InnoTek Limited, has increased the capital from 70 million baht ($3.1 million) to 1

Broker's Calls

CGS-CIMB initiates coverage on Innotek with 'buy' on strong balance sheet, attractive yields

SINGAPORE (June 11): CGS-CIMB Research analyst William Tng has initiated coverage on mainboard-listed precision metal part maker Innotek with an “add” call and target price of 57.9 cents, represent

Company in the news

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Race against the machine

Fifty years on, Mercedes-AMG continues to develop the dream cars you will drive tomorrow.

From Reuters

New US subprime boom, same old sins: auto defaults are soaring

(July19): It’s classic subprime: hasty loans, rapid defaults, and, at times, outright fraud.

Only this isn’t the US housing market circa 2007. It’s the US auto industry circa 2017.


Global Markets

Trump hits Toyota in latest broadside against carmakers and Mexico

WASHINGTON (Jan 6): US President-elect Donald Trump targeted Toyota Motor Corp on Thursday, threatening to impose a hefty fee on the world's largest automaker if it builds its Corolla cars for the