Motor Trend

Japanese Billionaire Founder Of Motor Maker Nidec Returns As CEO Amid Share Price Plunge

By Jaime E. Love 4 weeks ago

Japanese billionaire Shigenobu Nagamori, founder and chairman of motor manufacturer Nidec, will leave retirement to return as the company’s CEO following a steep dive in its shares.

Nagamori, 77, will replace current CEO Jun Seki, who will be demoted to chief operating officer, Nidec announced on Thursday. The Kyoto-based motor maker saw its operating profit fall 16.8% to 36.9 billion yen (about $288 million) for the three months ended March 31, marking the second consecutive quarter of such declines. Nidec shares are down 35% so far this year.

“I looked at the stock price every day and thought this is impossible,” Nagamori told reporters and investors, according to local media. “It was so frustrating that I felt like throwing a rock and smashing the stock display board.” Nagamori is the largest shareholder of Nidec, which he founded in 1973. He was ranked No.

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Global In-Wheel Motor Market Research Report (2022 to 2027) – Rising Trend of Autonomous Technology in Vehicles Presents Opportunities

By Jaime E. Love 4 weeks ago

DUBLIN–(BUSINESS WIRE)–The “In-Wheel Motor Market Research Report by Propulsion (BEV, FCEV, and HEV), Motor Type, Cooling Type, Weight, Power Output Type, Vehicle Class, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global In-Wheel Motor Market size was estimated at USD 810.16 million in 2021, USD 1,073.14 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 32.71% to reach USD 4,426.85 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product

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GETTING THERE: Bleak trend on Virginia roads | Local News

By Jaime E. Love 4 weeks ago

IT’S OFFICIAL—last year was a deadly one on Virginia roads.

Fatal crashes in the state hit a 14-year high in 2021, the Virginia Department of Motor Vehicles reported in a news release last week.

The DMV’s records show 968 people died in crashes on Virginia roads last year, up 14.3% compared to 2020, which also was no picnic as fatal crashes piled up despite lighter traffic during the pandemic shutdown.

Last year’s Virginia roadway death tally was the highest since 1,026 people died in crashes in 2007, DMV said.

On the good side, DMV’s data show fatalities dropped in crashes involving alcohol, distracted drivers and unbelted drivers or passengers.

But statewide fatalities increased in various categories:

Speed-related: 445 in 2021 vs. 406 in 2020

Commercial vehicle-involved crashes: 115 vs. 102

Motorcyclists: 102 vs. 87

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Older drivers: 145 vs. 126

The DMV noted that Virginia’s deadly roadway

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Colonial Motor (NZSE:CMO) Has More To Do To Multiply In Value Going Forward

By Jaime E. Love 1 month ago

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we’ll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. This shows us that it’s a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So, when we ran our eye over Colonial Motor’s (NZSE:CMO) trend of ROCE, we liked what we saw.

What is Return On Capital Employed (ROCE)?

If you haven’t worked with ROCE before, it measures the ‘return’ (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for Colonial Motor, this is the formula:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets – Current Liabilities)

0.18 = NZ$53m ÷ (NZ$463m – NZ$173m) (Based on the trailing twelve

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