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Following the recent news that Northern Ireland bus manufacturer Wrightbus entered administration; Simon Warburton, Automotive Editor at GlobalData, offers his view: “It’s the latest in a series of economic blows for the town of Ballymena. Some 1,200 jobs in Ballymena are at risk with the Wrightbus failure, which comes hard on the heels of Michelin’s […]
Filter cigarettes still on the rise globally despite 57% of smokers wanting to quit, says GlobalData
Health concerns related to conventional tobacco products combined with campaigns such as the NHS’s Stoptober encouraging people to quit smoking, have led to around *57% of smokers having the desire to give up smoking. Consumers that feel they cannot stop completely are instead turning to cigarette alternatives that have reduced risk and contain fewer common […]
Indian joint venture shows Ford’s new emerging market strategy more clearly, says GlobalData
Following the news that Ford is to hand the bulk of its Indian operations to a new joint venture (JV) with Mahindra; Graeme Roberts, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Today’s announcement is a clear sign of the direction Ford will take with emerging markets in future. The […]
International alcohol companies taking control of their own supply chains to sell direct to consumers, says GlobalData
In late-September, Anheuser-Busch InBev’s ZX Ventures incubator division set up Beer Hawk Fresh, a concept set to distribute cold-chain beer in kegs, cans and bottles to London-based accounts on the same day they are ordered. A-B InBev-owned Goose Island, Camden Town and Birra del Borgo, as well as brands from Kirin’s Australian brewery, Little Creatures, […]
Honda drops diesel for electric spark in Europe, says GlobalData
Following the news that Honda is planning to drop diesel from sale in Europe; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Honda’s decision to abandon diesel in Europe as early as 2021 reflects a dramatic decline in diesel share of the European car market as consumers react […]
Waterless cleaning products could save consumers time and money in household cleaning and laundry, says GlobalData
‘Waterless cleaning’ is seeing consumers reducing the amount of water they use in household cleaning and laundry processes. Products addressing this need have the potential to appeal to consumers on a global scale by catering to their concerns, particularly around the environment and time and money constraints. Developing innovative products that deliver waterless cleaning is […]
Automated vehicles to account for over three million units of annual production by 2028, says GlobalData
Following the news that Hyundai Motor and Aptiv have formed a $4bn joint venture (JV) to develop a market-ready robo-taxi platform by 2022; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Developing sophisticated autonomous vehicles (AVs) is no easy ride but, according to GlobalData forecasts, Society of Automotive […]
Changing fuel mix and e-mobility at the top of Delphi Technologies CEO Richard F. Dauch’s agenda
In an exclusive interview with GlobalData’s just-auto.com publication, automotive supplier Delphi Technologies’ CEO Richard Dauch has described his company’s top strategic priorities: Dauch told GlobalData that high-pressure gasoline direct fuel injection systems are a big growth area for the company as Europe’s car market moves away from diesel. He commented: “The move from diesel to […]
Balpa has lost BA’s trust and agreement a long way off, says GlobalData
Following the news that British Airways (BA) pilots are likely to strike on Monday and Tuesday next week after the company rejected an 11th-hour proposal from pilots’ union Balpa; Nick Wyatt, Head of R&A and Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the situation: “The specter of […]
Arcadia’s deep discounts signal bleak outlook for company, says GlobalData
Following today’s news (Friday 6 September) on Arcadia’s fiscal year (FY) 2017/18 operating loss: Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chains current challenges: “Arcadia’s FY2017/18 slump to an operating loss of £154.9m (versus profits of £77.9m last year) will be partly driven by […]
Colombia renewable capacity to reach 5.9GW but coal-based power still on the rise with a 43% increase by 2030, says GlobalData
Installed capacity of renewable power in Colombia is expected to rise from 2% in 2018 to 14% in 2025, with a further rise to 21% by 2030. Renewable capacity in the country is slated to increase fivefold to reach 5.9 gigawatts (GW) at a compound annual growth rate (CAGR) of 24.4%. This projected growth can […]
Russia emerges in autonomous vehicles sector, which will produce more than three million units a year by 2028, says GlobalData
As the automotive industry increasingly gears up for a high-tech future that is heading in the direction of automated and driverless vehicles, Russian companies are emerging with relevant technologies and strategies, says GlobalData, a leading data and analytics company. David Leggett, Automotive Editor at GlobalData, comments: “According to GlobalData forecasts, Society of Automotive Engineering (SAE) […]
Massive MIMO products set to more than double from 31 in late-2018 to 74 in 2019, says GlobalData
The number of massive multiple input, multiple output (MIMO) products available on the global market is set to more than double from 31 in late-2018 to 74 in 2019, which will be provided by only six equipment vendors according to GlobalData, a leading data and analytics company. GlobalData’s analysis of massive MIMO radio portfolios notes […]
UK back to school market forecast to reach £1.7bn in 2019, says GlobalData
UK shoppers are set to spend £1.7bn on back to school items in 2019, with the market forecast to grow by 1.5%. This is only slightly outperforming the annual rise in the number of pupils due to population growth, says GlobalData, a leading data and analytics company. The back to school market is highly competitive […]
No-deal Brexit could cost the UK automotive industry up to £4bn per year according to GlobalData
UK carmakers could be facing an annual bill of £4bn in the event of a no-deal Brexit due to challenges such as increased costs for imported components and tariffs on vehicles exported to the EU, says GlobalData, a leading data and analytics company. Highlighted by GlobalData’s report, ‘Brexit’s Impact on UK Auto’, these challenges will […]
Energy Vault’s disruptive technology likely to pose competition to the US$13.1bn battery energy storage market by 2023, says GlobalData
Following the announcement that Softbank’s US$100bn Vision Fund will invest US$100m in Swiss startup Energy Vault; Amit Sharma, Practice Head of Power at GlobalData, a leading data and analytics company, offers his view: “If Energy Vault’s system can deliver on its promise of much lower cost and higher roundtrip efficiency, it can become the technology […]
Healthcare professionals say the UK WILL NOT leave the EU on the current withdrawal agreement on 31 October in latest GlobalData survey
Healthcare industry professionals around the world believe that Brexit will not happen on the current withdrawal agreement on 31 October, but there will also be no cancellation of Brexit, the latest survey data from GlobalData, a leading data and analytics company, suggests. GlobalData’s latest report, ‘Brexit and the Healthcare Industry – Implications for Pharma, Q2 […]
Ireland’s renewable energy expansion attracting massive investments as its set to meet 65% of country’s installed capacity by 2030, says GlobalData
Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6GW by 2030 and account for 65% of the country’s installed capacity, says GlobalData a leading data and analytics company. GlobalData’s latest report, ‘Ireland Power […]
Bechtel and CCS JV led surge in global oil & gas contracts value to US$42bn in Q2 2019, says GlobalData
The global oil and gas industry’s total contract value reached US$42bn in Q2 2019, a massive 79% increase on Q1’s value of US$23.4bn according to GlobalData, a leading data and analytics company. Pritam, Oil & Gas Analyst at GlobalData, says: “This rise occurred despite there being a slight decline in the number of contracts from […]
Mexico forecast to increase international arrivals to 2023, but closure of DMO international office slows growth of inbound travelers, says GlobalData
While Mexico continues to grow its international arrivals, the actual compound annual growth rate (CAGR) is set to fall from 8.9% for the period 2016-2019 to 7.1% for 2020-2023 – with the closure of its destination management offices (DMO) contributing to this slowdown, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Tourism […]