#Automotive Finance Market

[emaanderson]

Automotive Finance Market New Innovations Trends, Research and Growth Factor

Research Nester assesses the growth of global automotive finance market over the forecast period, i.e., 2023-2033, and evaluates its future prospects.        Rising share of financial services and growing sales of vehicles to drive market growth.

New York – October 31, 2022 - Research Nester’s recent market research analysis on “Automotive Finance Market: Global Demand Analysis & Opportunity Outlook 2033” delivers a detailed competitor analysis and a detailed overview of the global automotive finance market in terms of market segmentation by finance, provider, purpose, vehicle type, and by region.

Growing Penetration of Financed Vehicles to Drive Growth of Global Automotive Finance Market

The global automotive finance market is estimated to grow majorly on account of the increased demand for vehicles with more people opting for auto loans or leases. For instance, as per data, over 80% of new vehicles in United States were financed with a lease or a loan in 2019.

The market research report on global automotive finance encompasses an in-depth analysis of the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion of current and future market trends. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market are poised to gain significant momentum in the next few years.

By vehicle type, the global automotive finance market is segmented into passenger vehicles and commercial vehicles. The passenger vehicles segment is to garner a highest revenue by the end of 2033 by growing at a CAGR of ~ 7% over the forecast period. Rise in the sale of passenger cars.

By region, the Europe automotive finance market is to generate the highest revenue by the end of 2033. This growth is anticipated by a higher share of the automotive industry in the gross domestic product.

The research is global in nature and covers a detailed analysis of the automotive finance market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, an analysis comprising of global automotive finance market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. has also been covered and displayed in the research report.

This report also provides the existing competitive scenario of some of the key players of the global automotive finance market which includes company profiling of Axis Auto Finance Inc., Bank of America Corporation, Mercedes-Benz Group AG, Ford Motor Company, KPMG International Limited, Genpact, General Motors LLC, PricewaterhouseCoopers LLP, Ally Financial Inc., Mitsubishi HC Capital UK PLC, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global automotive finance market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates, and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided the right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decisions in order to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: info@researchnester.com

U.S. Phone: +1 646 586 9123

U.K. Phone: +44 203 608 5919

[raja81bcs]

Mahindra & Mahindra’s exceptional Q2 performance reflects a robust and resilient business strategy, marked by strong automotive segment growth, operational efficiency, and the ability to surpass market expectations. The company’s focus on innovation and market leadership in key segments positions it as a key player in the dynamic automotive industry.

[andrewwilson2750]

Automotive Defroster Market Forecast 2024 to 2032

An automotive defroster is a system in vehicles designed to clear or prevent the accumulation of frost, ice, or condensation on the windshield and windows, primarily during cold weather conditions. It enhances visibility for the driver and passenger by ensuring that the glass surfaces remain clear and free from obstruction. Defrosters are crucial for safe driving since fogged or icy windows can significantly impair the driver's ability to see the road and surroundings.

The Automotive Defroster Market is expected to register a significant revenue CAGR over the forecast period.

Key factors such as government mandates for installing defrosting systems in vehicles, rising investments in developing advanced defroster systems, and increasing consumer awareness about importance of clear visibility while driving are expected to drive global market growth during the forecast period.

Get PDF Sample Report: https://www.xcellentinsights.com/enquiry/sample/466687

Automotive Defroster Market Key Company Eberspaecher Mikuni Climate Control Systems (Japan) Heatlab (Japan) Kyushu Nippon Kouatsu Electric (Japan) MG-Mold (Japan) SHOKI (Japan) Tata AutoComp Systems (India)

Automotive Defroster Market Segmentation (by Type) Primary Defogger Secondary Defogger

Automotive Defroster Market Segmentation (by Application) Passenger Cars Commercial Vehicles

About Us:

Xcellent Insights is a market intelligence provider and consulting firm. We offer data-driven research services based on multiple analysis frameworks which helps businesses across the globe to understand current market scenario and align their strategic initiatives.

We offer syndicated research reports, customized research reports, consulting services and datasets which are mapped across multiple datapoints.

We provide research reports for all the industry sectors like Consumer Goods, Packaging, Chemicals and Materials, Healthcare, Pharmaceuticals, Medical Devices, Agriculture, Food and Beverages, Automobile and transportation, Electronics and Semiconductors, IT and Communication, Energy and Power, Machinery and Equipment.

Contact Us:

Name: Willie J

Phone: US: +1 4086277717

UK: +44 2086386439

Email: sales@xcellentinsights.com

[kenresearch1]

Malaysia Automotive Finance market is expected to grow at 3% By 2026: Ken Research

Buy Now

The Malaysian automotive industry is the third largest in Southeast Asia, and the 23rd largest in the world, with an annual production output of over 500,000 vehicles. The automotive industry contributes 4% to Malaysia's GDP.

Story outline

Increasing middle-class population with higher disposable income drives automotive finance industry

Malaysia's number of vehicle finance population reached~ 33.3 million, emphasizing the importance of personal transportation.

Affordable car ownership facilitated by low interest rates stimulates market demand in Malaysia.

1.Rising population of middle class in Malaysia

Interested to Know More about this Report, Request for a sample report

Malaysia having the total no. of population is around~ 32.2 million in year 2022 , with the growth rate of 1.09%  rising population every year.

The  group of people belongs to Middle class is about  40% in malaysia , earning the average salary of about  between RM 4,851 to RM 10,970 ( 1,485 dollars ) per month.

As per the expansion of the population in the country , the need for transportation has resulted in high demand for vehicles. And Malaysians' rising income levels have improved their spending power, driving up demand for cars. As a result, people seek financial aid to buy automobiles and realize their dream of owning a car, which in turn increases demand for automotive loans.

2.Growing no. of vehicles in Malaysia automotive industry

There are now more vehicles on the road than humans in Malaysia, with the growth rate of outpacing human population for the first time.

In Malaysia, the number of vehicles on roads grow from 15.2 million in 2019 to 17.3 million in 2021. With having the current population of 32.2mn, in Malaysia the number of the vehicle on roads grows up to by one million every year.

The automotive sales market in Malaysia, with its approximately 33 million inhabitants. Surprisingly, the Malaysian automotive market grew by more than 40 percent this year after it had declined for two years in a row due to the COVID-19 pandemic. However, it is unlikely that Malaysia would take over the other two ASEAN countries with much larger automotive markets.

With the growing demand for car, the auto finance market is expected to grow in the future.

3.Low interest rate on purchasing car in Malaysia

As Malaysia witness the rapid growth in the rise of middle class population in the country and increasing no. of vehicle in the country leads to the low interest rate for purchasing the car in the country.

Visit this Link :- Request for custom report

According to KEN RESEARCH , Malaysia Auto-finance Market is estimated to grow at a positive CAGR of ~3% in next 5 year, due to increasing demand for car and rising middle class population.

 4.Government Support and Initiatives in automotive industry

The automotive industry contributes just 4% to the country’s gross domestic product (GDP) currently. The government of Malaysia has launched The National automotive policy(‘NAP2020’). Under the NAP 2020, the government is targeting to grow that to 10% of GDP by 2030.

Malaysia Introduces Enhanced Auto Industry Incentives to Encourage Expansion among Local Firms, the government, through the Malaysian Investment Development Authority (MIDA), has evaluated and approved tax incentives valued at MYR 4.6 billion (USD 1.12 billion) involving 13 automotive projects since 2014. The extended and enhanced incentive is currently opened for application until 1 December 2025.

Thus, these government policies are helping the automotive industry in Malaysia.

conclusion

The rise of the middle class, an increase in the number of automotive finances, and government providing all contribution to the expansion of the automotive financing sector in Malaysia in recent years. Demand has been spurred by rising disposable income and middle-class desires to buy cars, while low interest rates have reduced the cost of auto ownership. The government's actions and policies will allow the automotive sector to flourish even more, which will help Malaysia's economy succeed.

[jamessmith9646]

The research report offers a thorough overview of the global market for Automotive Financing Market and insightful analysis on segmentation, dynamics, competition, and regional growth. The report's predictions are supported by recognized research methodologies and presumptions and look at specific strategies, then vendor profiles for the Global Automotive Financing Market.

[reportwire]

Tesla, Musk sued by shareholders over self-driving safety claims | CNN Business

Reuters  —  Tesla (TSLA) and its Chief Executive Elon Musk were sued on Monday by shareholders who accused them of overstating the effectiveness and safety of their electric vehicles’ Autopilot and Full Self-Driving technologies. In a proposed class action filed in San Francisco federal court, shareholders said Tesla defrauded them over four years with false and misleading statements that…

[crystallinejellyfish]

What I think Darkley's Boarding School for Bad Boys would teach. PT 2: ELECTIVES

PT 1: Here

By the time you are in ninth grade, they give you the option to choose classes you would want to take. In this context, you're choosing a class that will help you on your way to villainy.

===========================

PERFORMING ARTS- If becoming a Disney villain is your dream, then they definitely have the options.

Drama, Orchestra, and Choir.

VISUAL ARTS- Knowing how to print, take photos, and produce a film COULD do something for a villain It's just an extra skill.

Printmaking, Digital Media, Photography, and Film Production.

BUSINESS- If you wanna be one of THOSE villains that are RICH, then this is definitely the route you wanna take.

Marketing, Personal Finance, and Entrepreneurship.

TECHNOLOGY INFORMATION- In Ninjago, for someone to know a LOT about technology can get you really far. (REBOOTED for example)

Computer Science and Media Studies/Technology.

FAMILY AND CONSUMER SCIENCE- Why the fuck would a villain need this?? For one, learning how to cook for poison (this is a villain school) and CPR is a really good way villains can "deem" themselves as a good person.

Culinary Arts, Retail Marketing, and CPR.

VILLAIN EDUCATION- The prime electives in the School. For this AU, students have to pick a minimum of two of these classes. For Criminology, it's recommended to have it in the 9th grade so it can set up your core classes.

Criminal Justice, Criminology, Networking, Robotics, Metalworking, and Automotive.

PHYSICAL EDUCATION- This is where the brawns part of the "Brains and Brawn" saying. Students at a minimum have to pick two classes (one for the first semester, and the next for the second) to actually pass the requirement to be a Villain.

Group one: Health, Wellness, Physical Education.

Group two: Gymnastics, Weight Training, Martial Arts.

==========================

So like, this is where students could pick what they actually want to do and this would set up their future careers. For 8th and under it's a little bit different, but this AU only includes the older kids (cuz I'm too lazy). But, this is my take on Darkley's electives if it was an actual functioning school for Villainy.

[rjzimmerman]

Excerpt from this EcoWatch story:

As part of its most recent World Economic Outlook, the International Monetary Fund (IMF) has said the transition to electric vehicles will have “far-reaching” effects on production, investment, global trade and employment.

The new analysis was released in tandem with annual meetings of the World Bank and IMF this week, where efforts to finance the transition to green energy, enhance global growth and tackle debt distress were on the agenda, reported Reuters.

“The rising adoption of electric vehicles (EVs) represents a fundamental transformation of the global automotive industry,” the IMF said in the report.

The shift from fossil fuel-powered vehicles to EVs has been accelerating and is an important part of countries’ climate targets around the world.

According to the IMF, transportation was responsible for 36 percent of U.S. greenhouse gas (GHG) emissions in 2022, eight percent in China and 21 percent of those in the European Union.

Subsidies and charging stations for EVs provided by the U.S. government have helped support the rising adoption of EVs in America. The EU aims to cut auto emissions by half by 2035 compared to 2021 levels.

“[T]he shift to electric vehicles for personal transportation is a key part of the reduction of GHG emissions. To foster the adoption of EVs, both supply- and demand-side policies have been implemented across the world,” the IMF said.

In its report, the IMF made note of the global auto industry’s robust profits, large export markets, high wages and use of technology, Reuters reported.

Speeding up the global move toward EVs would change the industry, especially if China remains the export and production leader in front of European and U.S. rivals.

[kitschun]

Need 4 Speed: Circuit Breakers

Summary: The infamous Hak's Garage, owned by well-respected technical expert Ju Haknyeon and financed by the retired underground drag racer Lee Sangyeon. Hak's Garage is an inconspicuous daytime automotive garage that offers your average vehicle tuning and modification. It's during the nighttime when the place starts to let loose and becomes the go-to spot for anyone and everyone who has an inkling of fascination for cars. Get to know the Circuit Breakers under this well-loved garage below!

Tags: Underground street racer!AU for The Boyz

Hyunjae. Hyunjae was the first racer Sangyeon took under his wing. They both pretty much grew up with each other in the earlier days of the Circuit, and whilst Sangyeon has found peace in retiring from official matches, Hyunjae never found it in himself to give up the steering wheel just yet. But of course, nowadays it’s so rare to actually even see him racing in the streets. A former underground prodigy forced to grow up. He spends the majority of his waking hour working as a higher up for a company his own father built. Every now and then, when the 9-5 gets too tough, when Lee Jaehyun gives his name up to be just Lee Hyunjae, he finds himself racing down the streets in his beloved McLaren 765LT. All the way down to Hak’s Garage where he allows himself to forget the weight of the world even if for just one night. 

Juyeon. Often described as cold and calculating, Juyeon is not one to bask in the spotlight of being a well-known underground racer. There seems to be history between him and the infamous Lee Hyunjae but the latter rarely shows himself in the scene anymore. The only people that seem to know the story between them are Sangyeon and Haknyeon themselves. There’s a sense of fire behind Juyeon that makes his opponents fear him in the streets. For one, he is smart. He rarely utters more than two words to anyone outside his crew yet everyone can see the confidence behind his every move. From bold last minute turns, to haphazard decisions to fly over an open bridge. Juyeon is starting to gain notoriety over his seemingly reckless driving skills.

Kevin Moon. The Phantom Operator of the Circuit. Kevin Moon owns a flashy bee-striped 1969 Chevrolet Camaro that was passed down to him by his father. He often frequented stadiums alongside his sister as a kid and has since been enamored with the loud sounds of revving cars and the boisterous lifestyle of its drivers. Although his sister pretty much grew out of it by the time their father retired, Kevin was never able to let go of the exhilarating rush he felt during his time in the stadiums. Except this time, he partakes in illegal races as opposed to his father’s very legal ones. Kevin Moon did not have the patience to build his way up to NASCAR level and so he took his passion to the streets. 

Chanhee. An avid collector of cars, clothes, and anything that screamed luxury. Chanhee was one of the conundrums in the underground street racing scene. One would think he would be up there with the sponsors with his vast amount of wealth and resources, but the boy actually preferred the highways than the stuffy room the executives hole themselves in. He’s amassed a pretty spectacular collection of both vintage and new muscle cars — but his favorite out of all of them is his 2023 Mazda MX-5 he’s recently purchased. He’s fair game in the streets but he’s found more solace in participating in mountain drift races. 

Q. Another one of the conundrums under Sangyeon’s belt — Changmin (or Q as he liked being called) is one of the more versatile racers in the Circuit. He’s one of the rarer collectors that preferred the sweet revv of an import over any muscle car currently in the market. Changmin is a wildcard amongst sponsors, he’s not afraid of taking up challenges with all-in stakes and no one is for certain if it’s because he wholeheartedly believes he’s going to win or if he’s just being as reckless as Sunwoo when it comes to racing. Whatever it is, Changmin is certainly one who's caught the eye of a notorious sponsor that’s adamant in taking him from under Sangyeon’s wing. 

Sunwoo. Reckless street racer Sunwoo who’s earned himself the nickname “Echo” both from local authorities and the underground racing scene. He drives around his mute black 2016 Dodge Charger so fast that the only sign of him ever actually being there is the echo of his revving engine from down the street. He’s a well-known drag racer in his early days but has since moved on to circuit racing. It was only a matter of time because he’s grown notorious for always having run-ins with authority, yet the thing is — he’s never actually been caught before. He’s reckless and egotistical behind the wheel but Sangyeon and the other’s know he’s a good kid at heart. It just so happens that driving around the city haphazardly is what gets his blood pumping. 

Eric Sohn. Junior mechanic turned illegal drag racer under Sangyeon’s wing. Eric has been surrounded by automotives his entire life and it was to no surprise that he found himself gravitating towards underground racing. He built his beloved 2017 Dodge Challenger from scrap and has since used it to win drag races in and around the Circuit. On multiple different occasions, a couple of sponsors from the Circuit tried to sway Eric away from the garage but his loyalty to Sangyeon and the crew was so fierce that they were only met with the rare sight of Eric getting mad. He believes in fate and destiny - much to the chagrin of Sunwoo - but that belief has gotten him this far and he’s not about to let go of it anytime soon.

-

Get to know the Skeleton Crew that runs the garage here!

[engineering-in-germany]

Reasons to get an MBA degree in Germany

Are you contemplating pursuing an MBA degree abroad? Germany might not be the first country that comes to mind, but it's gaining recognition as a top destination for MBA studies. Here are some compelling reasons why getting an MBA degree in Germany could be the right choice for you.

For More Info Visit: MBA in Germany for Indian students  

1. Renowned Business Schools:

Germany is home to several prestigious business schools renowned for their quality education and international recognition. Institutions like ESMT Berlin, Mannheim Business School, and Frankfurt School of Finance & Management offer world-class MBA programs that attract students from around the globe.

For More Info Visit: Best Business School in Germany for MBA  

2. Diversity and International Environment:

Studying for an MBA in Germany exposes you to a diverse and multicultural environment. With a significant number of international students and faculty members, you'll have the opportunity to collaborate with peers from various backgrounds, enhancing your global perspective and cross-cultural communication skills.

3. Affordable Tuition Fees:

Compared to MBA programs in the US and UK, obtaining an MBA degree in Germany can be more cost-effective. Many universities offer competitive tuition fees, and some public institutions even provide tuition-free education, making it an attractive option for budget-conscious students without compromising on quality.

For More Info Visit: Cost of Masters in Germany for Indian Students  

4. Strong Job Market:

Germany boasts a robust economy and is home to numerous multinational corporations and thriving industries. Completing an MBA in Germany can open doors to a plethora of job opportunities, especially in sectors such as automotive, engineering, finance, and technology. The country's strong focus on innovation and entrepreneurship further enhances career prospects for MBA graduates.

5. Post-Study Work Opportunities:

After completing your MBA in Germany, you have the option to extend your stay and seek employment opportunities in the country. Germany offers various visa options, including a job seeker visa, which allows you to stay and search for employment for up to 18 months after graduation. Additionally, the German government encourages skilled professionals to contribute to the country's workforce, making it easier for international graduates to secure job offers.

For More Info Visit: How to Get Admission in Germany  

Conclusion:

Choosing to pursue an MBA degree in Germany can be a strategic move for your career advancement. With renowned business schools, a diverse learning environment, affordable tuition fees, abundant job opportunities, and favorable post-study work options, Germany emerges as an attractive destination for aspiring business leaders seeking a transformative educational experience.

FAQs:

1. Are MBA programs in Germany taught in English?

Yes, many MBA programs in Germany are taught entirely in English to accommodate international students.

2. What are the entry requirements for MBA programs in Germany?

Entry requirements may vary depending on the university and program, but typically include a bachelor's degree, relevant work experience, GMAT/GRE scores, and English proficiency (for non-native English speakers).

3. Can international students work while studying for an MBA in Germany?

Yes, international students with a valid student visa are allowed to work part-time up to 20 hours per week during the semester and full-time during semester breaks.

[chatgptdetector]

The Top 10 Jobs in Canada for 2024

Canada, with its picturesque landscapes, diverse culture, and robust economy, continues to attract individuals from around the world seeking new opportunities and a higher quality of life. As we step into 2024, the Canadian job market is brimming with exciting prospects across various industries. Whether you're a recent graduate, a seasoned professional, or an immigrant looking to build a career in the Great White North, here are the top 10 jobs in Canada that should be on your radar.

Software Developer: With the technology sector experiencing exponential growth, software developers are in high demand. From cutting-edge startups to established corporations, Canada's tech industry offers a plethora of opportunities for those with coding expertise.

Healthcare Professionals: The healthcare sector in Canada is perennially in need of skilled professionals, including nurses, doctors, and allied health workers. The aging population has led to a surge in demand for healthcare services, making it an excellent field for those looking to make a meaningful impact.

Construction Project Manager: As infrastructure projects continue to dot the Canadian landscape, the demand for construction project managers is on the rise. This role involves overseeing the planning, execution, and completion of construction projects, making it a key player in the nation's development.

Data Scientist: In an era driven by data, the role of a data scientist is crucial across various industries, including finance, healthcare, and e-commerce. Analyzing and interpreting large datasets, data scientists contribute valuable insights to guide decision-making processes.

Electrician: Skilled trades, such as electricians, are essential for maintaining and expanding Canada's infrastructure. From residential wiring to large-scale industrial projects, electricians play a pivotal role in ensuring the smooth functioning of the country's electrical systems.

Marketing Specialist: As businesses vie for consumer attention, the demand for marketing specialists continues to soar. Whether it's digital marketing, content creation, or market research, individuals with a flair for promoting products and services are sought after in the Canadian job market.

Registered Nurse: With an aging population, there's a growing need for compassionate and qualified nurses. Registered nurses are integral to the healthcare system, providing essential care and support to patients in hospitals, clinics, and long-term care facilities.

Mechanical Engineer: From designing innovative machinery to optimizing existing systems, mechanical engineers contribute significantly to Canada's industrial landscape. Industries such as manufacturing, automotive, and aerospace rely on the expertise of mechanical engineers to drive innovation.

Financial Advisor: Canadians are increasingly recognizing the importance of financial planning, leading to a surge in demand for financial advisors. Helping individuals and businesses make informed decisions about their finances, financial advisors play a crucial role in ensuring financial well-being.

Environmental Scientist: With a growing emphasis on sustainability, environmental scientists are in demand to address ecological challenges. From assessing environmental impact to developing conservation strategies, these professionals contribute to Canada's commitment to a greener future.

Conclusion:

As Canada continues to thrive on its commitment to diversity, innovation, and progress, the job market reflects these values with a wide array of opportunities. Whether you're drawn to the tech hub of Toronto, the vibrant culture of Vancouver, or the economic powerhouse of Calgary, these top 10 jobs offer a glimpse into the diverse career landscape that Canada has to offer. So, whether you're a local job seeker or an international talent looking to make Canada your home, these professions could be your stepping stones to a fulfilling and prosperous future.

[mariacallous]

For now, Alex Lagetko is holding on to his Tesla stocks. The founder of hedge fund VSO Capital Management in New York, Lagetko says his stake in the company was worth $46 million in November 2021, when shares in the electric carmaker peaked at $415. 

Since then, they have plunged 72 percent, as investors worry about waning demand, falling production and price cuts in China, labor shortages in Europe, and, of course, the long-term impact of CEO Elon Musk’s $44 billion acquisition of Twitter. After announcing his plans to buy the platform in April, Musk financed his acquisition with $13 billion in loans and $33 billion in cash, roughly $23 billion of which was raised by selling shares in Tesla. 

“Many investors, particularly retail, who invested disproportionately large sums of their wealth largely on the basis of trust in Musk over many years were very quickly burned in the months following the acquisition,” Lagetko says, “particularly in December as he sold more stock, presumably to fund losses at Twitter.”

Lagetko is worried that the leveraged buyout of Twitter has left Tesla exposed, as interest payments on the debt Musk took on to fund the takeover come due at the same time as the social media company’s revenues have slumped.

But Tesla stock was already falling in April 2022, when Musk launched his bid for Twitter, and analysts say that the carmaker’s challenges run deeper than its exposure to the struggling social media platform. Tesla and its CEO have alienated its core customers while its limited designs and high prices make it vulnerable to competition from legacy automakers, who have rushed into the EV market with options that Musk’s company will struggle to match.

Prior to 2020, Tesla was essentially “playing against a B team in a soccer match,” says Matthias Schmidt, an independent analyst in Berlin who tracks electric car sales in Europe. But that changed in 2020, as “the opposition started rolling out some of their A squad players.”

In 2023, Tesla is due to release its long-awaited Cybertruck, a blocky, angular SUV first announced in 2019. It is the first new launch of a consumer vehicle by the company since 2020. A promised two-seater sports car is still years away, and the Models S, X, Y, and 3, once seen as space-age dynamos, are now “long in the tooth,” says Mark Barrott, an automotive analyst at consultancy Plante Moran. Most auto companies refresh their looks every three to five years—Tesla’s Model S is now more than 10 years old.

By contrast, this year Ford plans to boost production of both its F-150 Lighting EV pick-up, already sold out for 2023, and its Mustang Mach-E SUV. Offerings from Hyundai IONIQ 5 and Kia EV6 could threaten Tesla’s Model Y and Model 3 in the $45,000 to $65,000 range. General Motors plans to speed up production and cut costs for a range of EV models, including the Chevy Blazer EV, the Chevy Equinox, the Cadillac Lyric, and the GMC Sierra EV. 

While Tesla’s designs may be eye-catching, their high prices mean that they’re now often competing with luxury brands. 

“There is this kind of nice Bauhaus simplicity to Tesla’s design, but it’s not luxurious,” says David Welch, author of Charging Ahead: GM, Mary Barra, and the Reinvention of an American Icon. “And for people to pay $70,000 to $100,000 for a car, if you’re competing suddenly with an electric Mercedes or BMW, or a Cadillac that finally actually feels like something that should bear the Cadillac name, you’re going to give people something to think about.”

While few manufacturers can compete with Tesla on performance and software (the Tesla Model S goes to 60 mph in 1.99 seconds, reaches a 200-mph top speed, and boasts automatic lane changing and a 17-inch touchscreen for console-grade gaming), many have reached or are approaching a range of 300 miles (480 km), which is the most important consideration for many EV buyers, says Craig Lawrence, a partner and cofounder at the investment group Energy Transition Ventures.

One of Tesla’s main competitive advantages has been its supercharging network. With more than 40,000 proprietary DC fast chargers located on major thoroughfares near shopping centers, coffee shops, and gas stations, their global infrastructure is the largest in the world. Chargers are integrated with the cars’ Autobidder optimization & dispatch software, and, most importantly, they work quickly and reliably, giving a car up to 322 miles of range in 15 minutes. The network contributes to about 12 percent of Tesla sales globally.

“The single biggest hurdle for most people asking ‘Do I go EV or not,’ is how do I refuel it and where,” says Loren McDonald, CEO and lead analyst for the consultancy EVAdoption. “Tesla figured that out early on and made it half of the value proposition.”

But new requirements for funding under public charging infrastructure programs in the US may erode Tesla’s proprietary charging advantage. The US National Electric Vehicle Infrastructure Program will allocate $7.5 billion to fund the development of some 500,000 electric vehicle chargers, but to access funds to build new stations, Tesla will have to open up its network to competitors by including four CCC chargers.

“Unless Tesla opens up their network to different charging standards, they will not get any of that volume,” Barrott says. “And Tesla doesn’t like that.”

In a few years, the US public charging infrastructure may start to look more like Europe’s, where in many countries the Tesla Model 3 uses standard plugs, and Tesla has opened their Supercharging stations to non-Tesla vehicles. 

Tesla does maintain a software edge over competitors, which have looked to third-party technology like Apple’s CarPlay to fill the gap, says Alex Pischalnikov, an auto analyst and principal at the consulting firm Arthur D. Little. With over-the-air updates, Tesla can send new lines of code over cellular networks to resolve mechanical problems and safety features, update console entertainment options, and surprise drivers with new features, such as heated rear seats and the recently released full self-driving beta, available for $15,000. These software updates are also a cash machine for Tesla. But full self-driving features aren’t quite as promised, since drivers still have to remain in effective control of the vehicle, limiting the value of the system.

A Plante Moran analysis shared with WIRED shows Tesla’s share of the North American EV market declining from 70 percent in 2022 to just 31 percent by 2025, as total EV production grows from 777,000 to 2.87 million units.

In Europe, Tesla’s decline is already underway. Schmidt says data from the first 11 months of 2022 shows sales by volume of Volkswagen’s modular electric drive matrix (MEB) vehicles outpaced Tesla’s Model Y and Model 3 by more than 20 percent. His projections show Tesla’s product lines finishing the year with 15 percent of the western European electric vehicle market, down from 33 percent in 2019.

The European Union has proposed legislation to reduce carbon emissions from new cars and vans by 100 percent by 2035, which is likely to bring more competition from European carmakers into the market. 

There is also a growing sense that Musk’s behavior since taking over Twitter has made a challenging situation for Tesla even worse.

Over the past year, Musk has used Twitter to call for the prosecution of former director of the US National Institute of Allergy and Infectious Diseases Anthony Fauci (“My pronouns are Prosecute/Fauci”), take swings at US senator from Vermont Bernie Sanders over government spending and inflation, and placed himself at the center of the free speech debate. He’s lashed out at critics, challenging, among other things, the size of their testicles. 

A November analysis of the top 100 global brands by the New York–based consultancy Interbrand estimated Tesla’s brand value in 2022 at $48 billion, up 32 percent from 2021 but well short of its 183 percent growth between 2020 and 2021. The report, based on qualitative data from 1,000 industry consultants and sentiment analysis of published sources, showed brand strength declining, particularly in “trust, distinctiveness and an understanding of the needs of their customers.”

“I think [Musk’s] core is rapidly moving away from him, and people are just starting to say, ‘I don’t like the smell of Tesla; I don’t want to be associated with that,’” says Daniel Binns, global chief growth officer at Interbrand.

Among them are once-loyal customers. Alan Saldich, a semi-retired tech CMO who lives in Idaho, put a deposit down on a Model S in 2011, before the cars were even on the road, after seeing a bodiless chassis in a Menlo Park showroom. His car, delivered in 2012, was number 2799, one of the first 3,000 made.

He benefited from the company’s good, if idiosyncratic, customer service. When, on Christmas morning 2012, the car wouldn’t start, he emailed Musk directly seeking a remedy. Musk responded just 24 minutes later: “...Will see if we can diagnose and fix remotely. Sorry about this. Hope you otherwise have a good Christmas.”

On New Year’s Day, Joost de Vries, then vice president of worldwide service at Tesla, and an assistant showed up at Saldich’s house with a trailer, loaded the car onto a flatbed, and hauled it to Tesla’s plant in Fremont, California, to be repaired. Saldich and his family later even got a tour of the factory. But since then, he’s cooled on the company. In 2019, he sold his Model S, and now drives a Mini Electric. He’s irritated in particular, he says, by Musk’s verbal attacks on government programs and regulation, particularly as Tesla has benefited from states and federal EV tax credits.

“Personally, I probably wouldn’t buy another Tesla,” he says. “A, because there’s so many alternatives and B, I just don’t like [Musk] anymore.”

[yuhujobs]

Job Opportunities and Work Environment in Romania, Hungary, and the Schengen Area

In Europe, the job market has shown remarkable resilience despite the global socio-economic challenges of recent years. Today we focus on Romania and Hungary, two Eastern European countries, as well as the larger Schengen Area, and the opportunities they present to job seekers.

Romania, located at the crossroads of Central, Eastern, and South eastern Europe, has a diverse and growing economy. The Information Technology (IT) sector in Romania has been a strong driver of job growth, making it an attractive destination for IT professionals. In recent years, the country has gained the reputation of being an outsourcing hub, which has led to an increase in job opportunities in customer service and technical support. Moreover, jobs in the healthcare sector, engineering, and construction also remain in high demand.

Hungary, with its strategic position in the heart of Europe, boasts a robust economy with a strong focus on foreign investment. The automotive industry is one of the country's most prominent sectors, and it's continuously creating job opportunities for both skilled and unskilled workers. Information and Communication Technology (ICT), logistics, and manufacturing sectors are also among Hungary's largest employers. Teaching English is another area where foreigners can find job opportunities in Hungary, particularly in Budapest.

The Schengen Area, comprising 26 European countries that have abolished passport and other types of border control at their mutual borders, presents a diverse range of job opportunities. For those interested in the finance sector, Luxembourg and Frankfurt offer ample opportunities. Meanwhile, those keen on fashion and design might look towards Milan or Paris, and individuals with an interest in technology would do well in Berlin or Amsterdam. Also, the EU's "Blue Card" program is a work permit allowing high-skilled non-EU citizens to work and live in any country within the EU, excluding Denmark, Ireland, and the UK.

Despite the varying opportunities, some commonalities exist in job hunting across these regions. Networking is vital and can be done through attending industry events, job fairs, or through online platforms like LinkedIn. Fluency in the local language is a significant advantage, though many international companies operate in English. Understanding local job market trends, having a CV that matches European standards, and persistence are crucial for job success in these countries. To sum up, Europe's diverse and dynamic job market, as represented by countries like Romania and Hungary and the larger Schengen Area, offers a wide array of opportunities for job seekers. Whether you're an IT expert, a healthcare professional, an automotive engineer, or a teacher, there's a place for you in Europe's flourishing employment landscape.

[bigbangcreationcbe]

Website Development Company in Coimbatore

BigBang is a well-known website design company in Coimbatore that provides a diverse variety of web development services like static web development in Coimbatore, dynamic web development in Coimbatore, custom web development in Coimbatore, wix web development in Coimbatore, corporate web development in Coimbatore, start-up web development in Coimbatore, e-commerce web development services in Coimbatore. BigBang, as leading Website design Company in Coimbatore, specializes in strategic branding design and the development of responsive and user-friendly websites. In Coimbatore, we offer the best custom web development services. BigBang can help your brand expand digitally by providing the most satisfied solutions for your web identity needs. We have committed a team of skilled website designers and web developers, as one of the leading web development companies in Coimbatore, to producing appealing and attractive websites.Website Development Company in Coimbatore

Through a customer-centric and data-driven strategy, we are a top-notch website design and web development company in Coimbatore that can help you define your brand and increase demand for your products/services. In today's digital world, we recognize the value of having an appealing website and make sure to combine all digital marketing factors such as SEO, PPC, content marketing, and more to get great results. In Coimbatore, we offer the best website design and development services.

FIND OUT WHAT FIT BEST FOR YOUR COMPANY.

It is essential first to understand the challenges before proposing a solution. This is what we concentrate on. Every company has its own set of challenges to be addressed. We suit your requirements with our top-of-the-line website design services in Coimbatore.

CONSULTING RESEARCH PLAN DESIGN DEVELOPMENT TESTING LAUNCH MAINTENANCE

BIGBANG'S WEBSITE DESIGN AND DEVELOPMENT SOLUTION STRATEGY Healthcare Website Design in Coimbatore Our Healthcare Web Designing will create your site that focuses on web design techniques meant to deliver an enhanced user experience to users looking for healthcare products or services. We are best website development company for healthcare in Coimbatore.

Educational Website Design in Coimbatore At BigBang, we have expertise in educational website development that is fully responsive and well framed with your unique requirement. We are best website development company for educational institutions in Coimbatore.

Banking & Finance Website Design in Coimbatore BigBang offers the best financial website solutions for banking & financial sectors in Coimbatore. We are a professional Financial Website Design & Development Company in Coimbatore. We are best website development company for banking & finance industries in Coimbatore.

FMCG Website Design in Coimbatore BigBang offers the best website solutions for FMCG sectors in Coimbatore. We are a professional Website Design & Development Company in Coimbatore. We are best website development company for FMCG industries in Coimbatore.

Automotive Website Design in Coimbatore We are one of the leading automotive website design & development companies in the Coimbatore. We provide best Automotive e-Commerce Website Store Design and Top Features. We are best website development company for automotive industries in Coimbatore.

Gaming Website Design in Coimbatore Our Web Designing services in Coimbatore will create your site that focuses on web design techniques meant to deliver an enhanced user experience to users looking for gaming. We are best website development company for gaming industries in Coimbatore.

Travel & Tourism Website Design in Coimbatore BigBang website developers understand the competitiveness in Travel and Tourism industry and the importance of the face of your Travel / Tourism business online. Best Travel & Tourism Web Developers in Coimbatore. We are best website development company for travel & tourism industries in Coimbatore.

Pharma Website Design in Coimbatore BigBang is one of the Top Pharma website developer in Coimbatore. If you are looking for Pharma website development Coimbatore, then BigBang is exact choice for you. We build website that can well serve patients and customers. We are best website development company for pharma industries in Coimbatore.

Logistics Website Design in Coimbatore BigBang is an expert logistic Website Design and transportation web engineer that helps logistic and Transportation organizations, trucking organizations, and others in the business get the most from their sites. We are best website development company for logistics industries in Coimbatore.

Restaurant Website Design in Coimbatore At BigBang, Our team consisting of restaurant website designers, developers, digital marketing professionals, your restaurant is all set to business. Get online orders, reserve tables, tempting menus, and do a lot more with our custom-tailored solutions. We are best website development company for restaurants in Coimbatore.

Construction Website Design in Coimbatore BigBang can help you design, build and launch a new website that is both functional and appealing. BigBang have been building websites for the construction industry for over 4 years. They are 100% mobile and SEO friendly, and are easy to maintain. We are best website development company for construction industries in Coimbatore.

Real-estate Website Design in Coimbatore Industry-leading websites specifically built for the needs of Real Estate groups and professionals to generate more business. Best Web Development Companies for Real Estate Industries in Coimbatore. We are best website development company for real estate industries in Coimbatore.

INDUSTRIES WE SERVE LET'S GET STARTED!

CONNECT WITH OUR DEVELOPMENT TEAM

OUR OTHER WEBSITE DESIGN AND DEVELOPMENT SERVICE LOCATION STATIC WEBSITE DEVELOPMENT

The simplest option to effectively promote your products, services, and information is to develop a static website. It is a low-cost way to promote your products on the internet. When it's not necessary to update products or services, a static website is ideal. Downloading photos, brochures, and other files is a breeze with static website design. Static websites are easy to explore and are compatible with most browsers.

When compared to dynamic websites, designing a static website is relatively simple due to the development technology often being simple. In general, static websites are made with the least amount of programming and HTML code possible. Our static web design services begin with an examination of the client's needs, followed by the discussion and design of a layout which translates your business logic into the targeted purpose.

DYNAMIC WEBSITE DEVELOPMENT A dynamic web page is one that has been developed with new information (content and/or layout) for each individual viewing experience. It is not static because it varies over time (for example, news content), with the user (for example, login preferences), with the user involvement (for example, a web page game), with the context (parametric customization), or with any combination of the above.

The term "dynamic website" refers to a website that is managed. We understand all of the numerous rules and algorithms that go into creating a dynamic website, as well as the importance of having outstanding content in the right spot. We'll design interactive surfaces that encourage surfer return visits.

RESPONSIVE WEBSITE DEVELOPMENT At BigBang, We are the best Responsive Website Design and Development Company in Coimbatore. Responsive website design and development is a website framework that hides, shrinks, moves, and adjusts content on your website depending on what device your visitor is reading on (a smartphone, tablet, laptop, or desktop). Ultimately, a responsive website makes sure your site is easily viewed on any device and maximizes your visitor’s user experience. At BigBang, We offer best Responsive website design and development services in Coimbatore.

WIX WEBSITE DEVELOPMENT We are a team of Coimbatore's best Wix Website Design and Development Service Providers. We specialise in creating Wix Websites that enable users to engage and pleasure in a positive experience. Our team consists of skilled Wix designers and developers who create outstanding layouts. In Coimbatore, we are a well-known Wix Website Design and Development company. Our Wix skilled web designers and developers focus on creating any type of website with detailed features and a variety of stunning and appealing features.

CONNECT WITH OUR WEB DEVELOPMENT TEAM

MODERN TECHNOLOGY Technology is very important to your business ’s success. However, if the technology is outdated, it is meaningless. BigBang utilizes the most up-to-date technology platform to keep your online business ahead of the competition.

SCALABILITY & SECURITY Only with use of a reliable framework, your online business can run effectively in high-demanding conditions. We manage all this while guaranteeing that you will be secured to the maximum extent possible.

QUALITY ASSURANCE Our digital products and services are compatible with the highest quality assurance standards. Working with us will save your company's reputation, time, and money.

RESPONSIVE WEB DEVELOPMENT Our responsive web development techniques reduce the requirement for different interfaces to be coded and managed. This ensures that your business functions smoothly across nearly all platforms.

AGILE APPROACH We use an Agile Scrum Methodology in which we first design the most critical elements of your business and then develop a possibly deliverable, high-value product.

EXPERIENCED TEAM Our designers and developers are highly skilled and qualified to provide the best services in the shortest period of time.

TEST DRIVEN DEVELOPMENT Before delivering projects to our clients, we guarantee that they have been thoroughly tested in a range of circumstances. This ensures that the final product meets all of our clients' objectives.

MAINTENANCE & SUPPORT​ Our work does not end with the delivery of our products and services. Our team of dedicated experts keeps a close eye on your project and ensures that this really runs smoothly.

[whatisonthemoon]

What Was Japan’s Lost Decade? How Did It Happen?

What Was Japan’s Lost Decade? How Did It Happen? (December 12, 2022) Japan, stuck in a liquidity trap, faced a particularly deep economic crisis between 1991 and 2001.

What Was Japan’s Lost Decade?

Between 1991 and 2001, Japan’s once red-hot economy was in trouble. An asset bubble had formed in both its housing and stock markets, and when the Bank of Japan implemented a series of steep interest rate hikes as a way to tame inflationary pressures, you could almost hear the bubble pop.

Japan’s stock market tanked, and asset prices fell. Several big banks, which were overleveraged with speculative investments, either failed outright or needed to be bailed out by the government. Businesses folded, and unemployment rose. Japan became mired in a decade-long recession.

The country was actually experiencing a liquidity trap: It seemed like everything Japan’s central bank did to help didn’t work. Interest rates were cut, but fearful for the future, Japan’s citizens sat on their savings instead of spending them.

The government tried instituting large-scale public works projects, similar to what U.S. President Franklin Roosevelt implemented during the Great Depression, but that only increased Japan’s budget deficit. Finally, its central bank injected huge supplies of yen into the markets through quantitative easing, which lasted for five years. This, along with the resultant inflation, effectively got Japan’s citizens spending again, and the country began a slow recovery.

What Caused Japan’s Lost Decade?

The poster child of 20th-century economic growth, Japan had transformed itself from a largely agricultural nation in the 1960s to the world’s second-largest economy by the 1980s. Japan had figured out ways to make high-quality products cheaply, and these products found their way all over the world.

People sported Sony Walkmans on the street and drove Japanese cars around town. Kids watched Japanese cartoons on Japanese-made televisions. Movies like Shogun dominated the box office, and corporate success manuals extolled the virtues of “Japan, Inc.” Everyone wanted to know Japan’s secret.

A lot of it had to do with how Japan’s businesses were structured. They followed the traditional concept of the keiretsu, a close-knit network of business interests centered around a main bank. These groups took majority shareholder interests in one another instead of being financed through stocks or bonds, and as such, this “socially controlled” investment provided the perfect conditions to nurture, test, and perfect new ideas before they were brought to the larger market.

One well-known keiretsu is the Mitsubishi Group, composed of the MUFG Bank, Mitsubishi Electric, Mitsubishi Heavy Industries, and the Mitsubishi Corporation. Together, it employs over 80,000 people in the automotive, energy, chemicals, and food industries—essentially acting as its own supply chain.

Throughout the 1970s and 1980s, the Japanese Ministry of International Trade & Industry allowed easy credit to the keiretsu, in addition to a period of protection from foreign competition, so that their businesses would have time to become cost-effective production powerhouses. Once they gained dominance in their respective industries, the businesses would embark on export programs, which is how Japan’s electronics, computer, automotive, and aircraft industries grew so quickly.

Growing hand-in-hand with Japan’s successful businesses was a booming stock market. The Nikkei Stock Average hit an all-time high of 38,916 on December 29, 1989. In addition, real estate grew incredibly valuable—commercial land prices rose over 300% between 1985 and 1991, and it was said that one square mile in Tokyo’s government center was worth more than the entire state of California. A bubble had formed; that was plain to see.

As asset prices grew, so did speculation, particularly in real estate, which was financed largely by corporate stock profits. Banks were lending and not looking twice. Sometimes, collateral was not even required.

Depositors thought they were in safe hands because Japan’s banks were backed by the government, and in turn, the banks believed the government wouldn’t let them fail, so they bundled these deposits into packages of ever-higher rates of interest and risk, and sold them to speculators.

Worried about inflationary pressures, and attempting to quell the bubble, the Bank of Japan began a series of steep interest rate increases from 2.5% to 4.25% at the end of 1989, and then to 6% in 1990. But since rising rates made borrowing more expensive, speculators quickly defaulted on their investments.

Several of Japan’s biggest keiretsu banks began to fail, threatening to take entire industries down with them. The stock market nosedived. By December 1990—just one year from its all-time height—the Nikkei had lost over 43% of its value.

What Happened During Japan’s Lost Decade?

Between 1991 and 2001, Japan’s economy entered a deep recession. GDP declined, and borrowers became insolvent. Big banks failed, including the Hokkaido Takushoku Bank, the Long-Term Credit Bank of Japan, and Nippon Credit Bank. The days of easy credit from banking networks were long gone, and to a large effect, the keiretsu unraveled.

Some businesses went under; in others, production simply slowed, but they lost their competitive edge as a result. The country, which once had guaranteed employment for life, now struggled with unemployment—which affected recent grads and young workers most significantly.

Consumer confidence plummeted, demand declined, and deflation took hold—it was a dangerous mix.

How Did Japan Recover From Its Lost Decade?

It seemed like everything Japan’s central bank tried to do to help didn’t work: Interest rates were slashed to zero, and kept there for a very long time; still, the recession continued. Land prices dropped 15% in some of Japan’s largest cities, which meant that homeowners owed more than their homes were worth.

The Japanese government tried to instill confidence through large-scale stimulus packages. It built new roads and bridges, even when they weren’t completely necessary, and by doing so, created new jobs. These efforts helped boost the economy, but it wasn’t enough to lift it out of the malaise—in fact, they just added to the country’s deficit in the long run.

What finally helped was the quantitative easing program Japan’s central bank began in 2001, which would last until 2006. By 2003, GDP reached a healthy 2% clip, and exports grew once again, due in large part to China’s emergence into the global marketplace, since many of China’s products depended on Japanese parts.

What Lessons Can Other Economies Learn from Japan’s Lost Decade?

The 2007–2008 Financial Crisis had shades of Japan’s Lost Decade written all over it: This time, the asset bubble was created by the U.S. housing market, fueled by toxic subprime mortgages. When the Federal Reserve began a series of interest rate hikes, many subprime borrowers, whose loans were tied to adjustable-rate mortgages, quickly saw their monthly bills shoot up, and millions of homeowners defaulted as a result.

Banks had made profits by pooling these loans into mortgage-backed securities, which were traded by investment banks around the world, and as the mortgages imploded, a series of dominoes began to fall, which affected investors up the ranks of the securities markets: Banks experienced a credit crunch, and investment banks, such as Lehman Brothers, declared insolvency. The crisis affected financial markets around the world and would usher in the Great Recession.

With Ben Bernanke at the helm, the Federal Reserve took notes from past crises and acted swiftly—and by doing so, some say Bernanke helped to avoid deflation and the economic stagnation that had plagued Japan for so long.

The Fed cut the Fed funds rate to 0% for an unprecedented 6-year period between 2008 and 2014. It also implemented a series of quantitative easing measures. The U.S. Congress approved a $700 billion Troubled Asset Relief Program (TARP), which provided emergency aid to banks as well as underwater borrowers. In 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed, safeguarding consumers from predatory home lenders and limiting banks to the amount of speculative trading they could undertake.

The U.S. economy was jump-started again by the middle of 2009—quite a speedy turnaround compared to Japan’s.

Related links below

Reverend Moon Rises Above Ailing Businesses (1999) Washington Post: Moon’s Japanese Profits Bolster Efforts in U.S. (1984) Japan & US at G7 can bask in multilateral momentum (2023)

The Lingering Tragedy of Japan’s Lost Generation by Roland Kelts (on Tetsuya Yamgami and the "lost generation") US, Philippines, Japan set to hold first-ever joint naval drills (2023) Japan to join Salaknib drills between PH, US armies (2023) Even in South Korea, Few Know Extent of Rev. Moon’s Empire (1988) US-Funding in Post-War Japan Why do these Japanese UC women agree to these brokered marriages?

[nicklloydnow]

“At its core, the Cizeta project was a cunning and daring exhibition that finds its roots within Lamborghini. Following Chrysler's purchase of Lamborghini in 1987, a strong portion of the Italian company's staff had bailed out. In fact, there were more of Lamborghini's original team members working upon the Cizeta V16T than there were on the Diablo project, which was being conceived at roughly the same time.

Cizeta's founder, Claudio Zampolli, had previously been a test driver and engineer for Lamborghini, and following the Chrysler buyout, had found himself in Los Angeles to create his own, world-class supercar. In essence, the Lamborghini brand had never utilized motorsport to sell their cars, instead relying on an overall sense of outrageous flamboyance and overall speed to attract buyers. Zampolli had utilized this same mindset with Cizeta, ultimately creating something far more extravagant and powerful than his former employer could offer to the public.

Adding further Lambo flair to the Cizeta was their utilization of Marcello Gandini, one of the greatest automotive designers of all time, who'd previously styled the Lamborghini Countach. His work is evident in the overall design of the Cizeta V16T, especially on the front end, which bears a strong resemblance to the Lamborghini Diablo. This is no accident, as Gandini had apparently hustled himself overseas to pen the design of both cars.

However, unlike the Diablo, or pretty much any car offered for sale during its run, the Cizeta offered something inherently distinctive; 16 cylinders of pure, unadulterated power. Its 6.0L V16 engine, mounted transversely, was the heart of the entire car and also the source of its name. That nameplate, originally dubbed the Cizeta-Moroder V16T, is a direct reference to Giorgio Moroder, the academy-award winning composer and "Father of Disco", who'd originally set up half of the financial backing to create the V16T.

In an interesting twist, none other than Sylvester Stallone was first offered the chance to finance the car, although the actor apparently backed down for unknown reasons. Moroder would also back down from this position, resulting in only one of the original Cizeta cars to bear his name.

(…)

In terms of outright performance, the Cizeta V16T is rated at a staggering 540bhp (533 hp), which was absolutely insane in 1991, the first year the car was marketed. In comparison, the competing Lamborghini Diablo offered 492 bhp (485 hp), which honestly wasn't much less.

Nonetheless, the Diablo topped out at 180mph, whereas the V16T managed to pierce the 200mph barrier, which was highly novel for the early 1990s. Over at Ferrari, their Testarossa only managed to shell out 385 bhp (380 hp) for 1991, putting it well below the performance chart in comparison. Truthfully, the Cizeta V16T can be compared to virtually all supercars produced over the last 31 years without scrutiny, as this model still remains available to this day (although it seems that few have actually decided to pony up the cash to order one).

(…)

At this very moment, if you've got the finances, you can head over to Cizeta's official website and place your order for a new V16T. The website itself looks a bit archaic, so it's unsure if anyone is still tending the light at the end of this tunnel, but the company was on record as late as 2018, saying they were still open for business. With an MSRP listed at $800,000, it would definitely be far more interesting than virtually any other new car for that price.”