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Feb 04, 2019 (MarketersMedia by means of COMTEX) -- WiseGuyReports.com provides "element of Sale(POS) rig Market 2019 world analysis, growth, trends and alternatives analysis report Forecasting to 2024" reviews to its database
Pune, India - February 4, 2019 /MarketersMedia/ --
WiseGuyReports.com provides "factor of Sale(POS) device Market 2019 international evaluation, increase, trends and alternatives research record Forecasting to 2024" stories to its database.
This report provides intensive study of "aspect of Sale(POS) rig Market" using SWOT analysis i.e. strength, weakness, alternatives and danger to the organization. The point of Sale(POS) device Market document likewise offers an in-depth survey of key gamers out there which is in accordance with the quite a few goals of an organization corresponding to profiling, the product outline, the volume of creation, required raw material, and the pecuniary health of the firm.
This document makes a speciality of the world aspect of Sale(POS) rig status, future forecast, enlarge chance, key market and key avid gamers. The study objectives are to latest the point of Sale(POS) system pile in u.s., Europe and China.
the key gamers lined during this studySunrise POS(US)AccuPOS(US)POS-X(US)Semicron(US)POSRG(US)NCR(US)Monexgroup(CA)Flytech(TW)Openbravo(ES)IBM(US)Altametrics(US)Alpha Card capabilities(US)Casio(JP)Clover(US)Cybertill(UK)Digital analysis(US)Epos Now(UK)Erply(UK)Sharp(JP)famous person Micronics(JP)
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Market segment by pass of category, the product can likewise subsist cleave up intoDesktopHandheldMobile
Market facet by using software, cleave up intoMerchantRetailRestaurant
Market segment by regions/international locations, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South the us
The examine at goals of this file are:to research world point of Sale(POS) gadget fame, future forecast, enlarge opportunity, key market and key gamers.To present the aspect of Sale(POS) system construction in u.s., Europe and China.To strategically profile the censorious thing avid gamers and comprehensively anatomize their construction blueprint and techniques.To define, recount and forecast the market by pass of product type, market and key regions.
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principal Key aspects in desk of content
1 record Overview1.1 examine Scope1.2 Key Market Segments1.three players Covered1.four Market evaluation by means of Type1.four.1 global constituent of Sale(POS) system Market dimension boom cost by means of ilk (2014-2025)1.4.2 Desktop1.four.three Handheld1.4.4 Mobile1.5 Market via Application1.5.1 international factor of Sale(POS) device Market participate through utility (2014-2025)1.5.2 Merchant1.5.3 Retail1.5.4 Restaurant1.6 study Objectives1.7 Years considered
2 international enlarge Trends2.1 constituent of Sale(POS) device Market Size2.2 constituent of Sale(POS) rig growth traits by using Regions2.2.1 constituent of Sale(POS) device Market dimension with the aid of regions (2014-2025)2.2.2 point of Sale(POS) system Market participate with the aid of regions (2014-2019)2.three trade Trends2.3.1 Market accurate Trends2.three.2 Market Drivers2.three.three Market alternatives
12 international players Profiles12.1 shatter of day POS(US)12.1.1 first light POS(US) enterprise Details12.1.2 trade Description and company Overview12.1.three constituent of Sale(POS) device Introduction12.1.4 dawn POS(US) income in aspect of Sale(POS) system company (2014-2019)12.1.5 first light POS(US) fresh Development12.2 AccuPOS(US)12.2.1 AccuPOS(US) enterprise Details12.2.2 company Description and company Overview12.2.three point of Sale(POS) rig Introduction12.2.4 AccuPOS(US) salary in point of Sale(POS) rig enterprise (2014-2019)12.2.5 AccuPOS(US) recent Development12.three POS-X(US)12.3.1 POS-X(US) company Details12.3.2 trade Description and enterprise Overview12.3.three constituent of Sale(POS) rig Introduction12.3.4 POS-X(US) income in constituent of Sale(POS) system company (2014-2019)12.three.5 POS-X(US) concurrent Development12.4 Semicron(US)12.four.1 Semicron(US) trade Details12.four.2 trade Description and trade Overview12.four.three aspect of Sale(POS) device Introduction12.4.four Semicron(US) profits in point of Sale(POS) rig trade (2014-2019)12.four.5 Semicron(US) recent Development12.5 POSRG(US)12.5.1 POSRG(US) enterprise Details12.5.2 enterprise Description and company Overview12.5.three constituent of Sale(POS) system Introduction12.5.four POSRG(US) salary in aspect of Sale(POS) rig trade (2014-2019)12.5.5 POSRG(US) recent Development12.6 NCR(US)12.6.1 NCR(US) enterprise Details12.6.2 company Description and company Overview12.6.three point of Sale(POS) rig Introduction12.6.four NCR(US) salary in constituent of Sale(POS) device enterprise (2014-2019)12.6.5 NCR(US) concurrent Development12.7 Monexgroup(CA)12.7.1 Monexgroup(CA) company Details12.7.2 trade Description and trade Overview12.7.three point of Sale(POS) device Introduction12.7.4 Monexgroup(CA) salary in aspect of Sale(POS) rig company (2014-2019)12.7.5 Monexgroup(CA) fresh Development12.eight Flytech(TW)12.eight.1 Flytech(TW) trade Details12.eight.2 company Description and company Overview12.8.3 factor of Sale(POS) gadget Introduction12.8.four Flytech(TW) salary in constituent of Sale(POS) gadget company (2014-2019)12.eight.5 Flytech(TW) recent Development12.9 Openbravo(ES)12.9.1 Openbravo(ES) company Details12.9.2 enterprise Description and trade Overview12.9.three point of Sale(POS) system Introduction12.9.four Openbravo(ES) earnings in constituent of Sale(POS) gadget company (2014-2019)12.9.5 Openbravo(ES) recent Development12.10 IBM(US)12.10.1 IBM(US) enterprise Details12.10.2 enterprise Description and enterprise Overview12.10.3 point of Sale(POS) gadget Introduction12.10.4 IBM(US) revenue in point of Sale(POS) system enterprise (2014-2019)12.10.5 IBM(US) fresh Development12.eleven Altametrics(US)12.12 Alpha Card features(US)12.13 Casio(JP)12.14 Clover(US)12.15 Cybertill(UK)12.sixteen Digital research(US)12.17 Epos Now(UK)12.18 Erply(UK)12.19 Sharp(JP)12.20 superstar Micronics(JP)
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The uneven discontinue to 2018 do analysts on their toes as they looked ahead toward 2019. Some experts suggested that with U.S. GDP growth projected to slow, investors should rotate into more defensive sectors such as consumer staples and healthcare. However, others said the markets would dumbfound the pessimists with a robust recovery.
"Based on fundamentals, I don't assume the pullback they had in this market was ever justified. Markets will accomplish what they'll do. I assume you own significant upside here," Jonathan Golub, chief U.S. equities strategist at Credit Suisse, told CNBC on Dec. 31. "Therefore, they would assume that the bottom has been do in this market."
If you lanky toward 2019 being a bounce-back year, consumer stocks are an excellent preference to ride the wave.
One metric that drives the participate prices of consumer stocks is the force of the job market. If Americans are employed and their wages are growing, that will cheer consumer spending. Well, the U.S. has trounced expectations in two nonfarm payrolls reports announced this year (December and January), which should travel a long pass toward strengthening consumer spending trends.
Here are 10 of the best consumer stocks to buy for 2019. Some of these stocks are more defensive in nature - better suited for a volatile year. A few others are more aggressive and could ride a bullish wave better than most.
When it comes to beer, wine and spirits companies, only a brace of companies are near the size and scale of Diageo (DEO, $153.67) - the designation behind Johnnie Walker scotch, Crown Royal Canadian whisky and Guinness beer.
However, regarding profitability, Diageo has it over the repose of the alcoholic-beverages industry. Its 31% operating margin is 500 basis points higher than Pernod Ricard (PDRDY), one of its peers in the spirits business, and a fraction higher than mega-brewer Anheuser-Busch InBev (BUD).
Diageo has plenty going for it at the moment. For one, it announced in December that it plans to build a modern distillery in Kentucky to house additional production of hot-selling Bulleit bourbon. The $130 million facility should subsist up and running by 2021 and capable of producing 34 million liters of the American whiskey.
It likewise has a brace provocative "what-if" scenarios. Activist investor Elliott Management is going after Pernod Ricard at the moment, but Diageo could subsist the better target. Bernstein analyst estimates do Guinness' potential value at $10 billion as of 2015, and it likely could command more than that in a sale today. DEO likewise has been rumored to subsist looking for a partnership with a cannabis company similar to the ones Constellation Brands (STZ) and Molson Coors (TAP) entered. Nothing has materialized yet, but that may approach in 2019.
Diageo boasts nearly two decades of uninterrupted dividend growth, making it a European Dividend Aristocrat. That makes DEO an excellent consumer stock for anyone seeking out stable income and reasonable capital appreciation.
Market value: $55.5 billion
Dividend yield: 1.1%
Forward P/E: 28.5
Analysts' opinion: 14 buy, 3 overweight, 10 hold, 0 underweight, 1 sell
In ample times and bad, people can't look to travel without their lipstick and cosmetics, which is excellent tidings if you're an Estee Lauder (EL, $152.31) shareholder. 2018 wasn't a mighty year for the company's stock, which delivered a total recrudesce of just 3.4%, but that's far better than the 4.6% loss (including dividends) for the criterion & Poor's 500-stock index.
One region that should continue to drive Estee Lauder's growth in 2019 is travel retail, a segment of the retail industry that rarely gets any coverage, but one that continues to flourish. In December, the company opened a newly renovated 1,510-square-foot store at the Haitang Bay duty-free shopping knotty in Sanya, China. It's Estee Lauder's largest travel retail location.
In addition to travel retail, the company continues to build an online presence both with its own e-commerce sites and through third-party sites which promote and sell its products. In more than 40 countries, customers can book appointments online to procure makeup done in store, track company loyalty programs and expend Estee Lauder's mobile sites to learn more about its products.
Estee Lauder typically provides ballast when the market is suffering, such as in 2008, when EL lost just 28% versus a 37% deficit for the S&P 500. But you can anticipate a much better year than that for EL in 2019.SEE ALSO: 11 mighty Stocks to Buy and Hold for the Next Decade
Market value: $33.0 billion
Dividend yield: 1.7%
Forward P/E: 18.1
Analysts' opinion: 18 buy, 3 overweight, 5 hold, 0 underweight, 0 sell
If investors were asked which non-cannabis company made the biggest splash in the cannabis industry in 2018, the top retort likely would subsist Constellation Brands (STZ, $174.05).
STZ first jumped on the bandwagon in October 2017, taking a 9.9% stake in Canopy Growth (CGC) for $179 million. Then in August 2018, Constellation went from mildly interested in the cannabis space to completely sold on it, by acquiring an additional 104.5 million shares for $3.9 billion, raising its stake to 38%. It likewise was given an option to exercise 139.7 million warrants over the next three years that would give it majority control.
The deal was ample for both companies.
Canopy got access to a world-class manufacturer and distributor of alcoholic beverages while Constellation obtained the cannabis company's expertise, which will approach in handy for developing cannabis-infused drinks in time for Canadian legalization of edibles in October 2019.
"We're going to view this shift away from a culture which has had one legal psychoactive for gregarious and leisure activities, being alcohol, to a culture where there's now a second psychoactive that's acceptable in those very situations," Dooma Wendschuh, co-founder and CEO of Toronto-based Province Brands, told Canada's National Post in December.
This will subsist an exciting year for the cannabis industry. Constellation Brands will profit significantly by having a front-row seat.SEE ALSO: The 25 Best S&P 500 Stocks of the Past 50 Years
Courtesy Elvert Barnes via Flickr
Market value: $19.6 billion
Dividend yield: N/A
Forward P/E: 33.8
Analysts' opinion: 23 buy, 2 overweight, 10 hold, 0 underweight, 2 sell
Lululemon's (LULU, $147.63) controversial founder, Chip Wilson, isn't involved with the trade anymore, but remains its fourth-largest shareholder.
Where would Lululemon subsist with him silent on board? "I assume that the company would subsist a mindfulness company mostly that would subsist profound into yoga," Wilson told CNN trade recently. "I assume it would subsist far more global than it is now. The company would own been worth 30, 40% more than it is now."
Wilson fails to mention that the athletic clothing company grew his wealth significantly since he stepped down from the company's board in 2015.
He likewise neglects to admit that the company's blueprint to hit $4 billion in annual revenue by the discontinue of fiscal 2020 is ahead of schedule. In the fiscal year ended Feb. 3, LULU expects to generate annual revenue of $3.2 billion - 22% higher than a year earlier. Another year of 20% growth in fiscal 2019, and Lululemon will requisite just 4% growth in FY2020 to meet its ambitious target.
"We believe double-digit revenue growth can continue and view the 2020 objective $4 billion in revenue and implied earnings power of $5 as low hurdles," Stifel analyst Jim Duffy wrote in December. "With market tailwinds from growing global concern for health, fitness, and self-actualization, they believe Lululemon has a long runway for global growth and advocate owning shares as a core holding."SEE ALSO: 20 Top Stock Picks the Analysts savor for 2019
Market value: $15.5 billion
Dividend yield: 1.5%
Forward P/E: 25.5
Analysts' opinion: 5 buy, 1 overweight, 13 hold, 1 underweight, 2 sell
Church & Dwight (CHD, $62.58) - the consumer packaged goods company with brands such as Arm & Hammer baking soda, Oxi antiseptic stain remover and Trojan condoms - is the dinky engine that could. It delivered a total recrudesce of 32.8% in 2018, leaving most of Wall Street in its dust.
Longtime shareholders can attest to the stock's consistency. It hasn't had a negative year in the past decade, and it has generated a 10-year annualized total recrudesce of 17.7% - around 330 basis points lucid of the index.
Why did Church & Dwight execute so well in 2018?
It continued to grow sales organically. In its fourth-quarter report, CHD said it grew organic sales by 4.3% in 2018, fueling overall revenue growth of 9.8%. The company sees organic sales continuing to enlarge by 3.5% in 2019. Conservative to a fault, Church & Dwight may just exceed this projection.
Internationally, trade is even stronger, generating organic sales growth of 5% for the year. In August, Church & Dwight entered into a long-term cooperation agreement with Chinese consumer packaged goods company Shanghai Jahwa. It will subsist the company's omnichannel distributor for its baking soda, toothpaste, desiccate shampoo and effeminate hygiene products for mainland China.
If you're looking to travel defensive in 2019, you couldn't buy a better consumer stock.SEE ALSO: 15 Consumer Stocks That Deliver Dividend Growth like Clockwork
Market value: $6.5 billion
Dividend yield: N/A
Forward P/E: 15.9
Analysts' opinion: 7 buy, 0 overweight, 3 hold, 0 underweight, 0 sell
If there's a stock on this list that flies under the radar, St. Louis-based consumer packaged goods company Post Holdings (POST, $96.63) would own to subsist it.
Post Holdings got its start in 2012 when it was spun off from its parent at the time, Ralcorp Holdings. However, the designation Post has been around since the late 1890s, when C.W. Post introduced Grape-Nuts cereal.
The company finished its first fiscal year as an independent public company with $900 million in revenue. Six years and 15 acquisitions later, Post ended fiscal 2018 with more than $6 billion in revenue, operating several businesses in addition to its legacy Post-branded cereals.
Post Consumer Brands accounted for 29% of 2018's overall revenue, the largest segment of its business. In 2017, Post acquired Bob Evans Farms, a maker of vegetable-based side dishes and breakfast sausages, for $1.5 billion, adding a vital designation to its refrigerated retail and foodservice business.
Although it did complete one acquisition in fiscal 2018, Post focused more of its attention on growing sales organically. It finished the fiscal year generating more than 50% of its EBITDA from businesses that are growing sales by more than 6% per year.
Post delivered a 12.5% total recrudesce for shareholders in 2018 - the third year of the past five in which it has produced double-digit gains.SEE ALSO: 11 Stocks Warren Buffett Is Buying or Selling
Market value: $6.1 billion
Dividend yield: N/A
Forward P/E: 86.7
Analysts' opinion: 12 buy, 0 overweight, 4 hold, 0 underweight, 1 sell
If you're paying attention to the trade war between the U.S. and China, you're probably chummy with Canada Goose (GOOS, $54.54), the Toronto-based maker of parkas and other clothing useful in unruffled weather. As the two countries continue their tit-for-tat fight over trade, Canada Goose's high-flying stock has gotten caught in the middle - despite rallying since the start of the year, GOOS silent is off 20% from a high in early December.
Chinese consumers threatened to boycott the company's products after Huawei CFO Meng Wanzhou was arrested in Vancouver at the request of the U.S. judicial system, which is seeking the executive's extradition to countenance fraud charges.
Not to worry. When Canada Goose opened its first Mainland China store Dec. 28, Chinese consumers lined up to buy the company's $1,300 parkas, putting aside any concern the boycott was gaining traction. Also, China currently accounts for just 10% of the company's revenue, but that should enlarge as more stores open on the mainland.
As they head further into 2019, Canada Goose's trade is operating at plenary speed, with wholesale, online and brick-and-mortar sales growing by double digits in its most recent quarterly report. (It reports again on Valentine's Day.)
Investors are starting to believe again in Canada Goose's upside and should purchase it out of bear-market territory sometime this year.SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
Market value: $2.9 billion
Dividend yield: N/A
Forward P/E: 14.2
Analysts' opinion: 4 buy, 1 overweight, 0 hold, 0 underweight, 0 sell
Investors might not subsist chummy with Helen of Troy (HELE, $115.21) - a consumer products company that has quietly built a stable of brands through acquisitions and organic growth, and that successfully competes on the global stage. Helen's brands should subsist more familiar, though: OXO kitchen gadgets, Vicks humidifiers, Honeywell air purifiers, Braun thermometers, PUR water filtration systems and Revlon beauty products, among others.
Over the final four years, Helen of Troy has grown its revenues by 3.1% compounded annually, adjusted earnings by 12.6%, and free cash tide by 15.9%. That's a tall reason its stock has generated an annual total recrudesce of 25.9%, more than double the S&P 500.
In 2019, the company is focusing on growing its seven leadership brands -- the five mentioned above plus, red Tools Professional (curling irons, hair dryers) and Hydro Flask (water bottles, etc.) -- while likewise working to reduce costs through shared services between its different businesses to generate additional cash flow. It will continue to design acquisitions that strengthen its market participate in its three operating segments: housewares, health & home, and beauty.
As consumer products companies go, Helen of Troy is one to beat in 2019.SEE ALSO: The Kiplinger Dividend 15: Their Favorite Dividend-Paying Stocks
Market value: $2.6 billion
Dividend yield: 1.0%
Forward P/E: 7.6
Analysts' opinion: 8 buy, 2 overweight, 2 hold, 0 underweight, 0 sell
BRP (DOOO, $27.49) is the corporate designation behind powersports brands Ski-Doo, Sea-Doo and CanAm. But while the company's seasonal products such as personal watercraft and snowmobiles continue to grow, it is the year-round ATVs and SSVs that are answerable for much of the stock's 36.0% annual total recrudesce over the past three years.
In BRPs most recent quarterly report ended Oct. 31, year-round-product revenues grew 21.1% year-over-year to C$562.4 million, accounting for 40% of its C$1.4 billion in overall sales. Seasonal products delivered 3.2% sales growth.
BRP likewise added a modern operating segment in fiscal 2019, first acquiring Alumacraft Boat, a manufacturer of aluminum fishing boats, for C$85.4 million in June; it then paid C$97.4 million to buy Triton Industries, a manufacturer of pontoon boats under the Manitou brand. The creation of the Marine group provides BRP with a fourth revenue stream of growth in 2019.
Just one note of caution: While BRP's SSV trade continues to outsell the competition -- between the three months of August to October, BRP grew SSVs in the mid-20s compared to mid-single digits for the industry as a gross -- it's starting to countenance increased competition from Honda (HMC) and others, making it more difficult to purchase market share.
Still, DOOO shares were particularly hard-hit in the back half of final year, losing more than half their value since Sept. 1. That has left BRP dirt-cheap, making it a tough potential rebound play in 2019.SEE ALSO: 10 Stocks Warren Buffett Is Buying (And 6 He's Selling)
Market value: $51.5 billion
Dividend yield: N/A
Forward P/E: 49.0
Analysts' opinion: 8 buy, 1 overweight, 8 hold, 3 underweight, 8 sell
Tesla (TSLA, $307.51) is the most speculative of the picks on this list. It's facing several headwinds, it has several self-inflicted injuries and it's not exactly an analyst favorite. But it managed a market-beating 7% recrudesce in 2018 while the S&P 500 was down despite a similar murderer's row of worries; it could dumbfound again.
Tesla announced Jan. 2 that it delivered 90,700 vehicles in the final quarter of 2018 - that's 8% better than the previous quarter, and a dinky more than triple the deliveries it made in Q4 2017.
Unfortunately, Tesla likewise revealed that it was lowering the price of any three of its models -- Model 3, Model S, and Model X -- by $2,000 to circumscribe the repercussion as the federal government's tax credit starts to wind down. Tesla recently cleave the price again to bring the Model 3 price down to $42,900.
But what really matters is the number of Model 3s that Tesla sells.
Tesla said more than 75% of its Model 3 orders in Q4 2018 were from modern customers rather than existing reservation holders: a note the carmaker is gaining traction with average car buyers, not just those who are tech-savvy.
While analysts were expecting 2,000 more vehicle deliveries in the fourth quarter, Tesla feels the Model 3 - including its expansion into China and Europe, lower-priced versions of the model, leasing options, and a right-hand drive option at some point in 2019 - own so far only scraped the surface of its opportunity.
This won't subsist an simple year - the company announced in late January that it lost its CFO, and that earnings fell short of expectations. But this exciting EV maker silent should post plenty of growth in 2019.SEE ALSO: 10 Small-Cap Stocks to Buy for 2019 and Beyond
Copyright 2019 The Kiplinger Washington Editors
Canadian union turning up the heat on GM after plant closure announcement, 4,000 GM employees expected to lose their jobs, Brexit contributes to Nissan cutting X-Trail from UK production plans, MIT professors suing Ford and more in The Morning Shift for February 4, 2019.1st Gear: Canadian Union Super Bowl Ad Calls Out GM
The Canadian trade union Unifor is pissed that GM is shutting down the Oshawa Assembly Plant, which has a long and wealthy history spanning over 100 years. GM says on its website that the facility—which now builds the Cadillac XTS, Chevy Impala, Chevy Silverado, and GMC Sierra—has been open since 1953, but that before that, it built McLaughlin Buicks and Chevrolets prior to The Bowtie merging with GM in 1918.
Despite any of that history, in 2018, GM announced plans to immediate the historic manufacturing site. Shortly thereafter, workers walked out in protest, and the president of Unifor, the trade union representing the plant workers, voiced his displeasure, proverb “They are not closing their damn plant without one hell of a fight,” per CTV News.
But final night, during the Super Bowl, the battle between Unifor and GM got heated, with the former unleashing this commercial in Canada:
The commercial is scathing, mentioning how Canada helped GM with the bailout final decade, and criticizing the company’s expansion into Mexico. “GM, you may own forgotten their generosity,” the commercial concludes, “but we’ll never forget your greed. If you want to sell here, build here.”
According to the Detroit News, GM wasn’t thrilled, and even threatened legal action:
On Friday, general Motors’ lawyers wrote to claim that Unifor “cease and desist from any further communication of the advertisement.”
GM told the Detroit tidings that the ad is spurious and misleading, with the tidings site writing:
“While GM respects Unifor’s rights to protest, they cannot condone purposely misleading the Canadian public,” GM said in a statement Sunday. “Unifor knows that GM Canada repaid its 2009 loans in full, and that the restructured GM fulfilled any the terms of its agreements with the Canadian government many years ago. Since 2009, GM Canada has contributed over $100 billion to the Canadian economy including $8 billion invested into worker pensions.”
Seems like Canadian workers are not going without a fight.
Update Feb 5, 2019 8:40 A.M. ET: general Motors has responded to Jalopnik’s request for statement on the cease and desist note related to the commercial:
“While GM respects Unifor’s rights to protest, they cannot condone purposely misleading the Canadian public. The modern Unifor advertisement scheduled to air during the Super Bowl is misleading and inaccurate. In response, GM can verify its lawyers lodged a formal claim to Unifor to cease any and any publication of the ad.
Unifor knows that GM Canada repaid its 2009 loans in full, and that the restructured GM fulfilled any the terms of its agreements with the Canadian government many years ago. Since 2009, GM Canada has contributed over $100 billion to the Canadian economy including $8 billion invested into worker pensions.”
Now that the ad has run, GM has more to say:
“We continue to believe that the advertisement is misleading, and they will continue to evaluate their options if publication continues.”2nd Gear: Today Is a unlit Day for GM
The plant closure in Canada is just the start, as there is more PR nightmare—and more importantly, a loss of jobs—expected, with GM preparing to lay off over 4,000 employees. And it’s putative to start today.
This is, according to a number of tidings sites, including Automotive News, the Detroit Free Press, CNN, and the Detroit News. The first of those sites provides some context behind the firings, writing:
In November, GM announced plans to cleave 15 percent of its 54,000 salaried employees in North America including slashing global executives by 25 percent. The announcement followed 2,250 white-collar employees agreeing to willing buyouts — below the company’s target of roughly 8,000.
The automaker, which previously said the layoffs would occur in the first quarter, started cutting some white-collar compress workers in November. The cuts to compress workers, according to one source, were around 1,500 — bringing the total number of employees who own already left the company to 3,750. That leaves GM with roughly 4,250 additional positions that silent requisite to subsist cut.
Automotive News’ sources whisper GM will start the cuts today, though GM, in a statement to the tidings site and to other outlets, said it would not verify when the layoffs were planned. From GM:
“We are not confirming timing. Their employees are their priority. They will communicate with them first.”
Days like these are the ones that employees—whether they’re laid off, or their friends are—will never forget. Some are calling it Black Monday. Understandably so; is a unlit day for GM.
Update Feb. 4, 2019 2 P.M. ET: GM has responded to Jalopnik’s request for statement, writing in an email:
GM Statement on Salaried Staffing Reductions
“This is the implementation of the salaried actions announced late final year. These actions are necessary to secure the future of the company, including preserving thousands of jobs in the U.S. and globally. They are taking action now while the overall economy and job market are strong, increasing the capacity of impacted employees to continue to forward in their careers, should they select to accomplish so.
“Our focus now is on working with each individual employee on providing severance packages and transition advocate through job placement services.”
A company representative continued, saying:
Also – with the overall tough economy and job market, many Fortune 500 companies and other employers own reached out to us expressing interest in hiring their impacted team members. These companies are enthusiastic to commence the interview process and fill openings. They will subsist providing that information to their employees through the job placement services.3rd Gear: Nissan Cites Brexit as a reason for Killing Plans to Build SUV in the UK
Not long after Britain’s Brexit vote in 2016, Nissan announced that it planned to build its X-Trail SUV in Sunderland, England, where the Juke, Qashqai, Leaf, Infiniti Q30, and Infiniti QX30 are built. This was a walkover that, according to Automotive tidings Europe, was “seen as a key indicator of whether international firms would continue to invest in Britain following the Brexit vote.”
Fast forward 27 months, and Nissan has canceled those plans, citing Brexit as allotment of the reason why, with Reuters writing:
“While they own taken this determination for trade reasons, the continued skepticism around the UK’s future relationship with the EU is not helping companies like ours to blueprint for the future,” Nissan Europe Chairman Gianluca de Ficchy said in a statement on Sunday.
Nissan has decided to only build the X-Trail in Kyushu, Japan, and Greg Clark, the UK’s Secretary of state for Business, Energy and Industrial Strategy, was unsurprisingly not thrilled, proverb the walkover was a “blow to the [British] sector and the region.”
The epic likewise mentions that production at Sunderland dropped over 10 percent final year, and that Nissan “cut hundreds of jobs at the plant in response to declining claim for diesel models.” This, pecuniary Times writes, may own actually been a bigger factor in the determination than Brexit, with the tidings site saying:
While Britain’s impending exit from the EU has caused skepticism for the Sunderland plant, which exports roughly half its cars, the decline of diesel across the continent was a more significant factor, according to people chummy with the company’s thinking.
The X-Trail is a great sport utility vehicle, the biggest passenger vehicle made by the Japanese group, and it had planned to design diesel models in the UK.
However, the company struggled to design the modern diesel cars compliant with the latest emission rules using diesel engines that it buys from Renault, according to one person, and fears of an accelerating decline of the fuel source among the public coloured its decision.
In addition to alleged issues with emissions compliance, the epic goes on to whisper that Nissan has already promised to procure rid of diesels from its lineup, and that, to design gas X-Trails in Sunderland would “require shipping engines from Japan, something the trade considered commercially unviable,” the tidings site attributes to an unnamed source.
Dieselgate. Brexit. They’re both silly names, but their effects on the automotive industry are anything but.4th Gear: MIT Professors Are Suing Ford for Allegedly Infringing Upon Dual Port and Direct Injection Tech
If you’re a mechanical engineer, there’s a ample haphazard you’ve heard of John B. Heywood, the MIT professor who wrote the ubiquitous Internal Combustion Engines Fundamentals text.
Now his name, as well as the designation of two other renowned professors, Dr. Bromberg and Dr. Cohn, is on the front of another document, but it’s not a textbook: it’s a legal document accusing Ford of patent infringement.
The lawsuit involves The Blue Oval and Ethanol Boosting Systems, LLC, a company created by the three aforementioned scientists, who assign their inventions to MIT, but license them out through the company.
The lawsuit alleges that Ford infringed upon four patents, including this one, this one, this one, and this one—all of which own to accomplish with dual port and direct injection, a technology that Ford has mentioned a number of times in advertising, and which we’ve written about multiple times.
The patent infringement complaint describes the patents in further detail, stating:
...each of the Asserted Patents recites ways in which an engine or fuel management system employs both port and direct injection such that, at certain torque values, the engines are fueled by both simultaneously. Further, in some embodiments, the fraction of fueling provided by direct injection decreases with decreasing torque.
Further, in other embodiments, port fueling lonesome is utilized when torque is below a certain value.
The court document goes on to recount the benefits of the tech, stating:
Such inventions help over the prior expertise by, for example, permitting an enlarge in engine efficiency and reducing emissions as described in their common specification— providing the advantages of port fuel injection, which allows for better fuel/air mixing and combustion stability than direct injection, while likewise providing the engine knock suppression odds associated with direct injection.
Check out Bloomberg’s epic on the lawsuit, which includes the description of an alleged exchange between the professors and a Ford representative in which the latter reportedly asked the profs whether they were “greedy inventors.”5th Gear: Weather, Government Shutdown Factors in leisurely January Car Sales
January is, generally, not a mighty month for car sales as it is, but this past month’s numbers are in, and they were worse than final year’s January figures, Automotive tidings reports. The tidings site cites high interest rates, unruffled weather, higher sticker prices, and the government shutdown as reasons why sales dropped by one percent compared to January of final year.
From the story:
The average interest rate on modern vehicles rose final month to 6.19 percent — the second highest in 10 years — from 4.99 percent a year ago, according to Edmunds. And Kelley Blue book said the industry’s average transaction price rose 4.2 percent to $37,149. Combined, those factors strike a tall jump in the monthly payment for many consumers interested in trading up.
That potential for sticker shock, along with extreme unruffled weather and skepticism created by the 35-day partial federal government shutdown, helped push sales down 1 percent in January.
The bit about the government shutdown affecting sales is interesting, and it’s something that—along with a negative sequel of the unruffled weather—Automotive tidings attributes to “several automakers.”
It’s not any groundwork though, as the epic does point out that fuel prices are low, unemployment is down, and that the Federal reserve gas “signaled that it would subsist patient with additional [interest rate] hikes.”
We’ll view how it goes. We’ve been hearing about sales declines for a long time; who knows when the sheer cliff is coming.Reverse: Ford Buys Lincoln in 1922 For a chilly $8 Million
On February 4, 1922, the Ford Motor Company acquires the failing extravagance automaker Lincoln Motor Company for $8 million.
The acquisition came at a time when Ford, founded in 1903, was losing market participate to its competitor general Motors, which offered a sweep of automobiles while Ford continued to focus on its utilitarian Model T. Neutral: Which of the Above Gears Concerns You Most?
Nobody likes groundwork news, but any five of the gears above are fairly negative. There are people getting sued, folks losing their jobs, plant closures—it’s bleak. Of the gears, which one worries you most, and why?
This epic has been updated with GM’s response to Jalopnik’s investigation about planned layoffs and the Unifor commercial.
OnePlus 5 (Slate Grey, 6GB RAM, 64GB Storage) at 41% discount on Amazon mighty Indian Sale
OnePlus 5 (Slate Grey, 6GB RAM, 64GB Storage)
One of the most loved smartphones of OnePlus, the OnePlus 5 is currently available at up to 41% discount on Amazon mighty Indian Sale. With this deal, customers can save up to Rs 16,999 on the phone that has a market price of Rs 40,999. procure it here
Features of OnePlus 5:• Camera: 20 MP Rear camera with portrait mode, pro mode, smart capture, speedily Auto focus and 16MP front camera
• Display: 5.5-inches plenary HD capacitive touchscreen panoply with 1920 x 1080 pixels and 2.5D Corning Gorilla Glass 5
• Memory, Storage & SIM: 6GB RAM, 64GB storage and Dual nano SIM with dual standby (4G+4G)
• Operating System and Processor: Android v7.1.1 Nougat operating system with 2.45GHz + 1.9GHz Kryo 280 Qualcomm Snapdragon 835 octa core processor
• Battery: 3300 mAh lithium Polymer battery
OnePlus 3T (Gunmetal, 128GB) at 21% discount on Amazon mighty Indian Sale
OnePlus 3T (Gunmetal, 128GB)
BUY NOWAmazon has announced discounts on various smartphones, including OnePlus 3T. The phone is currently available in the Amazon mighty Indian at a whooping discount of 21%. Under the deal, you can save upto Rs 6,000 on the phone that has a market price of Rs 28,999. Here are more details about the phone
Features of OnePlus 3T:
• 16MP primary camera and 16MP front facing camera
• 5.5-inches with 1080 x 1920 pixels resolution
• Android v6.0.1 Marshmallow operating system (Upgradable to v7.1.1 Nougat) with 2.35GHz Kryo quad core processor
• 6GB RAM, 128GB internal remembrance expandable up to 128GB and dual SIM dual-standby (2G+2G)
• 3400mAH lithium-ion battery
OnePlus 6 at 14% discount on Amazon Mobile Sale
OnePlus 6 6GB RAM, 64GB Storage
All OnePlus 6 variants will subsist available at a discounted price during the Amazon mighty Indian Festival sale this year. The 6GB RAM, 64GB storage variant will subsist down to Rs. 29,999 (MRP Rs. 34,999). any variants will likewise subsist available with no-cost EMI options and exchange offers. procure the best deal here
Features of OnePlus 6:
• Camera: 20+16 MP Dual rear camera with Optical image stabilization, Super leisurely motion, Portrait mode and 16 MP front camera
• Display: 15.95 centimeters (6.28-inch) plenary HD+ Optic AMOLED panoply with 2280x1080 pixels and 19:9 aspect ratio and 2.5D Corning Gorilla Glass 5
• Memory, Storage & SIM: 6GB RAM, 64GB storage and Dual nano SIM with dual standby (4G+4G)
• Operating System and Processor: Android Oreo 8.1 Oxygen operating system based on with Qualcomm Snapdragon 845 octa core processor• Battery: 3300 mAH lithium Polymer battery with Dash saturate technology Phone Discount Amazon Price OnePlus 6 14% 29,999 OnePlus 3T 21% 22,999 OnePlus 5 41% 24,000 DISCLAIMER: This is a promotional epic and the liability for the very solely rests solely with Amazon.in (Amazon India). The mobile prices mentioned in the article above are applicable only during the Amazon mighty Indian Festival sale i.e. from October 10 to October 15, 2018, post which they are matter to change.
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