TOKYO • Japanese machinery orders rose more than expected in June in a sign that companies are gradually becoming more willing to increase capital expenditure. Companies also expect core machinery orders, a leading indicator of capital expenditure, to rise in the July-September period, suggesting that business investment is starting to stabilise after a rocky performance […]
Manufacturers and distributors of automobile parts, components, and accessories and automobile care equipment ought to consider growing their businesses by exporting to Central American countries such as El Salvador and Guatemala. Central America emerged as a key growth market for the auto industry, said Andres Castrillon, senior counsel for international affairs at the Auto Care […]
Business sentiment in Japan improved in the three months to September, the Bank of Japan’s Tankan survey showed on Wednesday. The headline index for big manufacturers’ sentiment rose to plus 13, above expectations of plus 10 in a Reuters poll and up from plus 12 in the previous quarter. “The big manufacturers index is actually […]
DETROIT (AP) — Brisk demand for SUVs and pickup trucks — and five sunny weekends — pushed U.S. auto sales to a nine-year high in May. Chrysler, Nissan and Toyota all reported double-digit sales gains over last May. Even General Motors, battling bad publicity from a mishandled recall, surprised with a 13 percent sales increase. […]
Headquartered in Singapore, United Auto Company has been distributing and supplying genuine Japanese and OE quality auto parts for both gasoline and diesel engine automobiles around the world since 1944.