November 28, 2020

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DUBLIN–(Business Wire)–The “Global Automotive Catalyst Market (by Metal, Vehicle Type and Region): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)” report has been added to ResearchAndMarkets.com’s offering.

The global automotive catalyst market is expected to record a value of US$18.21 billion in 2024, increasing at a CAGR of 7.20%, during 2020-2024.

Factors such as the growing production of motor vehicles, exploration of the automotive aftermarket, rapid urbanization, accelerating economic growth and emission control regulations by the government would drive the growth of the market. However, the market growth would be challenged by the growing penetration of electric vehicles and the fluctuating prices of precious group metal. A few notable trends may include the rising application of emission control catalyst in automobiles, increasing R&D spending in automobiles, innovation in automotive catalyst and adoption of nanotechnology.

The global automotive catalyst market has witnessed lucrative growth in the past few years owing to the increased application in vehicles. Light-duty vehicles and heavy-duty vehicles have been the two main segments of automotive catalyst market, in terms of vehicle type. Light-duty vehicle catalysts have been in high demand owing to the increased production and sales of passenger cars. While, heavy-duty vehicle catalysts have showed steady growth, due to their increased application in heavy-duty trucks and buses.

The fastest regional market was the Asia Pacific, owing to the increased government initiatives regarding emission control, which resulted in the increased application of catalysts in automobiles. Europe and North America also contributed significantly to the global market, due to the increased technological innovation in emission technologies for fuel-efficiency.

Further, the outbreak of COVID-19 is expected to have a significant impact on the supply chain and product demand in the automotive sector, which might have an unfavourable impact on the growth of the global automotive catalyst market in the initial phase of the forecasted period.

Scope of the report:

  • The report provides a comprehensive analysis of the global automotive catalyst market.
  • The major regional markets (Asia-Pacific, Europe, North America and ROW) have been analyzed.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (BASF, Cummins, Tenneco, Johnson Matthey, Clariant AG and Umicore ) are also presented in detail.

Key Target Audience:

  • Manufacturers of Automotive Catalysts
  • Traders, Distributors, and Suppliers of Automotive Component Parts
  • Regional Manufacturers’ Associations and General Automotive Associations
  • Government and Regional Agencies and Research Organizations
  • Investment Research Firms

Key Topics Covered:

1. Overview

1.1 Introduction

1.2 Major Automotive Catalysts Metals

1.3 Advantages of Automotive Catalysts

1.4 Mechanism of Automotive Catalysts

2. Impact of COVID-19

2.1 Downfall in the Global Economy

2.2 Decline in the International Trade

2.3 Decline in Automobile Sales

2.4 Impact on Auto Parts Dealerships

3. Global Market Analysis

3.1 Global Automotive Catalyst Market by Value

3.2 Global Automotive Catalyst Market Forecast by Value

3.3 Global Automotive Catalyst Market Value by Metal

3.3.1 Global Palladium Automotive Catalyst Market by Value

3.3.2 Global Palladium Automotive Catalyst

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KENT COUNTY, MI – A Wyoming man was seriously injured early Friday, Nov. 27, when a vehicle crashed into his house and pinned him underneath, police said.

The man, whose name was not released, suffered life-threatening injuries, Wyoming police said.

The crash happened around 1:30 a.m. on Clyde Park Avenue SW near Colrain Street. When police and firefighters reached the scene, they heard a man inside calling for help.

Firefighters removed part of a wall to reach the injured man who was in bed and trapped underneath the vehicle. The man was rescued then taken by ambulance to a local hospital.

Another person in the house was not hurt.

Police said the vehicle was going east on Colrain and did not stop for stop sign at Clyde Park. The vehicle went through the intersection and into the house on the east side of Clyde Park, police said.

The driver was taken to a hospital with non-life-threatening injuries. A passenger was not hurt.

Police said speed and alcohol are believed to be factors in the crash which remains under investigation.

Read more:

Video: Hospital staff share struggle of daily life working inside COVID unit

Michigan Marine surprises mom with unexpected return home for the holidays

What happens now that Michigan’s election results are certified

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The MarketWatch News Department was not involved in the creation of this content.

Nov 27, 2020 (Market Insight Reports) —
Selbyville, Delaware, Growth forecast report ” Automotive On-board Power Inverters Market size by Product Type (Less Than 300 W and Over 300 W), By Application (Passenger Cars and Commercial Vehicles), By Region Outlook (North America, Europe, Asia-Pacific, South America & Middle East and Africa), Top Manufacturer, Growth Potential, Price Trends, Competitive Market Share & Forecast 2020-2025 added by Market Study Report LLC.

The Automotive On-board Power Inverters market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

The most likely (base case) scenario is that the global Automotive On-board Power Inverters sales will be xx in 2020 from Automotive On-board Power Inverters million in 2019, with a change xx% between 2019 and 2020. In addition, based on the latest study, it is to predict that the Covid-19 will be under control in key countries like the United States, Western Europe, East Asia, by the end of Q2 (June), and will resume normal production in Q3 and Q4, the global Automotive On-board Power Inverters market size is expected to grow at xx% or more annually for the next five years.

Request a sample Report of Automotive On-board Power Inverters Market at: https://www.marketstudyreport.com/request-a-sample/2442983?utm_source=Marketwatch.com&utm_medium=SP

The Automotive On-board Power Inverters market stands tall as one of the most proactive industry verticals, as claimed by a new research report. This research study forecasts this space to accrue substantial proceeds by the end of the projected period, aided by a plethora of driving forces that will fuel the industry trends over the forecast duration. A gist of these driving factors, in tandem with myriad other dynamics pertaining to the Automotive On-board Power Inverters market, such as the risks that are prevalent across this industry as well as the growth opportunities existing in Automotive On-board Power Inverters market, have also been outlined in the report.

A brief outline of the Automotive On-board Power Inverters market scope:

  • Global industry remuneration
  • Individualized and overall growth rate
  • Market trends
  • Competitive reach
  • Product spectrum
  • Application terrain
  • Distributor analysis
  • Sales channel evaluation
  • Marketing channel trends – Now and later
  • Market Competition Trend
  • Market Concentration Rate

One of the most vital pointers that makes the Automotive On-board Power Inverters market report worth a purchase is the extensive overview of the competitive spectrum of the vertical. The study efficiently segregates the Automotive On-board Power Inverters market into Magnum Dimensions, Ampeak, Bestek, NFA, Stanley, ROADPRO, Whistler, Cobra, Philips, Cotek, ERAYAK, Ozio, Power Bright, Schumacher and Samlex America, as per the competitive hierarchy. In essence, these companies have been vying with one another to accrue a near-dominant position in the industry.

The report supplies substantial data regarding the market share that every one

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The MarketWatch News Department was not involved in the creation of this content.

Nov 27, 2020 (Market Insight Reports) —
Selbyville, Delaware An analysis of Single End Cord for Automotive market has been provided in the latest report available at MarketStudyReport.com, that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

The research report on Single End Cord for Automotive market provides a detailed assessment of this business landscape. As per the report, the market is expected to generate substantial profit and showcase a notable growth rate of XX% during the analysis timeframe.

Request a sample Report of Single End Cord for Automotive Market at: https://www.marketstudyreport.com/request-a-sample/2441996?utm_source=Marketwatch.com&utm_medium=AG

The global Single End Cord for Automotive market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 5.6%% in the forecast period of 2020 to 2025 and will expected to reach USD 219.3 million by 2025, from USD 176.7 million in 2020

The report gives detailed insights regarding market segmentations, volume of sales, market competition trend, growth opportunities, predicted revenue generation, major manufacturers, and dealers. The report also emphasizes on the market risks and constraints. Additionally, the report includes various scenarios to assess the impact of COVID-19 on the growth of the Single End Cord for Automotive market.

Also, the research report underlines the key aspects of Single End Cord for Automotive market like the current revenue and production stats and estimates the upcoming prospects during the analysis period.

Detailing the regional analysis of the Single End Cord for Automotive market:

  • The report includes a thorough geographical analysis of this market bifurcating it into North America, Europe, Asia-Pacific, Middle East & Africa and South America.
  • It further elaborates the region-wise analysis into country-wise analysis.
  • Country-wise estimated sales, revenue predictions, as well as their market share are incorporated in the report.
  • Estimated growth rate that each region will record during the analysis timeframe is highlighted in the report.

Other takeaways of the Single End Cord for Automotive market report:

  • The research report on Single End Cord for Automotive market provides a detailed competitive analysis of this market. As per the report, companies which formulate the competitive terrain of the Single End Cord for Automotive market are
    • Glanzstoff
    • Benninger
    • Kordsa Teknik Tekstil
    • SKS Group
    • Industessile (IVG Spa

.

  • Financial highlights like total revenue generated pertaining to each major manufacturer is highlighted in the study report.
  • The principle of SWOT analysis is used to structure the details related to major manufacturers.
  • The report includes critical details such as product and services, sales, pricing statistics, revenue generated, gross margin, and market share of every manufacturer profiled in the research report.
  • Based on type spectrum, the study classifies the Single End Cord for Automotive market into
    • Polyamide (PA66) Cord
    • Polyester Cord
    • Other

.

  • Information regarding the market
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Hawaii drivers pay around $803 a year for car insurance on average, according to the Insurance Information Institute, which is below the national average. 

Shopping around for coverage is the best way to make sure you’re getting the best price for you. Your premium, or the amount you’ll pay for auto insurance coverage, depends on several factors, including things like your credit score, the type of car you drive, how many years of driving experience you have, and even where you live in Hawaii. 

Every company weighs these factors differently, so getting quotes from different companies and comparing them is the best way to find the most affordable policy for you.  

The following are the most popular car insurance companies in Hawaii, based on the percentage of insured Hawaii drivers who use them:

Company Market share (%)
GEICO 27.84
State Farm 18.28
USAA* 11.92
Allstate  9.19
Progressive  7.71
Farmers Insurance  5.54
Tokio Marine  5.03
Liberty Mutual  4.93
Island Insurance  3.13
MS&AD Insurance  2.19
The Hartford  1.11
Auto Club Exchange  1.06
DB Insurance Co.  0.76
American Family Insurance  0.33
Fairfax Financial  0.30
Markel  0.17
Ocean Harbor Insurance  0.16
AIG  0.13
Chubb  0.09
MetLife  0.03
Pacific Specialty Insurance Company 0.03
Travelers 0.03

*USAA is only for active military, veterans, and their families.

Data from S&P Global Intelligence

For a driver in Hawaii age 25 or older with no accidents and one vehicle, the following companies provide the best average rates:

Company Average monthly insurance premiums
USAA* $113
State Farm $113
GEICO $115
Liberty Mutual $117
Progressive $134
Allstate $139

*USAA is only for active military, veterans, and their families.

Above data obtained from Savvy, based on 536 policyholders in the state of Hawaii

For a driver in Hawaii age 25 or older, with one or more accidents and one vehicle, the following companies provide the best average rates:

Company Average monthly insurance premium
GEICO $130
Progressive $155
State Farm $158
Allstate $174

Above data obtained from Savvy, based on 536 policyholders in the state of Hawaii

Below is the estimated average annual premium of auto insurance policies per household in Hawaii’s most populous cities:

Company Average annual insurance premium
Urban Honolulu  $1,339
East Honolulu  $1,555
Pearl City   $1,454
Hilo   $1,328
Waipahu   $1,426
Kailua   $1,540
Kaneohe   $1,501
Kahului   $1,452
Mililani Town   $1,517
Ewa Gentry   $1,584
Kihei   $1,407
Mililani Mauka   $1,629
Makakilo   $1,549
Schofield Barracks   $1,351
Kapolei   $1,551
Wahiawa   $1,323
Wailuku   $1,435
Royal Kunia   $1,560
Ewa Beach   $1,522
Halawa  $1,489
Waimalu  $1,389
Kailua  $1,373
Waianae   $1,335
Hawaiian Paradise Park   $1,306
Nanakuli   $1,401
Lahaina  $1,391
Waipio   $1,453
Kalaoa   $1,441
Ocean Pointe   $1,627
Kapaa   $1,375
Maili   $1,405
Kaneohe Station   $1,331
Holualoa   $1,402
Waimea  $1,444
Makaha  $1,310
Waihee-Waiehu  $1,522
Aiea   $1,528
Haiku-Pauwela   $1,459
Ahuimanu   $1,528
Hickam Housing   $1,445

Data from S&P Global Intelligence

Hawaii does

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a person standing in front of a building


© Provided by Zee Business


Indian indices: Indian stock markets ended lower on November 27, ahead of the GDP data due later today. Losses were led by banks, IT stocks and heavyweight Reliance Industries. The Sensex fell by 0.25% or 110 points to 44150. The Nifty dipped by 0.14% or 18 points to 12,969.

The Nifty traded in a narrow range on November 27 and ultimately ended in the red. On the weekly chart, the index closed in the green for the fourth consecutive week however it formed a Doji pattern on the weekly chart. This shows loss of momentum on the way up. The same is evident from the daily momentum indicator also as it has triggered a bearish crossover. Thus, the index is expected to witness a short-term consolidation before heading higher. This means that the swing high of 13145 is unlikely to get taken out without further consolidation. The hourly chart shows that Nifty has a potential to form a Head & Shoulders pattern whose right shoulder is currently in formation. For that the index is forming a distribution near 61.8% retracement of the recent decline. So the index is expected to trade with a downward bias over the next few sessions and can come down to test 12800-12730.

Major headlines:

Talbros Automotive Components entered in a Technical Assistance Agreement (TAA) with its Japanese partner

ABB Power Products signed MoU with Ashok Leyland and the Indian Institute of Technology Madras for an e-mobility pilot

Other technical observations:

On the daily chart, the Nifty is above the 20-day moving average (DMA) and the 40-DEMA, i.e. 12601 and 12294 respectively. The momentum indicator is bearish on the daily chart. On the hourly chart, the Nifty is above the 20-hour moving average (HMA) and the 40-HEMA, i.e. 12938 and 12927 respectively. The hourly momentum indicator is bullish. The market breadth was positive with 1185 advances and 675 declines on the National Stock Exchange

Following are the stocks/sectors which were in news today:

Adani Transmission rose by 3% to Rs 376, after it completed acquisition of Alipurduar Transmission from Kalpataru Power Transmission for an enterprise value of around Rs 1300 cr.

CG Power and Industrial Solutions hit 5% upper circuit to Rs 41, after Tube Investments of India acquired a controlling stake in the company.

See Zee Business Live TV Streaming Below:

Global signals:

Asian stock markets closed near record highs as investors weighed renewed doubts about a highly-anticipated coronavirus vaccine against hopes that some of the region’s economies will recover quicker than their Western peers.

European markets were slightly lower on November 27, as investors digest vaccine news and China data.

 

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Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Penske Automotive Group, Inc. PAG.

Penske Automotive in Focus

PAG may be an interesting play thanks to its forward PE of 10.3, its P/S ratio of 0.2, and its decent dividend yield of 2.8%. These factors suggest that Penske Automotive is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that PAG has decent revenue metrics to back up its earnings.

Penske Automotive Group, Inc. PE Ratio (TTM)

Penske Automotive Group, Inc. PE Ratio (TTM)

Penske Automotive Group, Inc. pe-ratio-ttm | Penske Automotive Group, Inc. Quote

But before you think that Penske Automotive is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 50.6% in the past 60 days, thanks to six upward revisions in the past two months compared to none lower.

This estimate strength is actually enough to push PAG to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.

So really, Penske Automotive is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by referendums and legislation, this industry is expected to blast from an already robust $17.7 billion in 2019 to a staggering $73.6 billion by 2027. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot stocks we’re targeting >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Penske Automotive Group, Inc. (PAG): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Once a novel concept in dealership marketing, Black Friday car deals have become as common as the TV deals at your local big-box store. While the savings on new cars aren’t that dramatic — no 70% off fire sales here — they do generally make mid- to late November a good time to buy a car.

This year, however, the COVID-19 pandemic has wreaked havoc on just about everything — Black Friday car deals included.

Perhaps the biggest factor is the lack of inventory caused by all the factory shutdowns. There simply aren’t as many 2021 models on dealer lots this year as there were 2020s at this time last year. Moreover, Edmunds market analysts expect inventory to remain low through the end of the year. Depressed supply means it’s a seller’s market, so discounts won’t be nearly as steep as in years past.

And what of that 0% financing you might’ve seen advertised a few months ago? Good news and bad news. The bad news is that, yes, there are fewer 0% offers than the record highs seen in late spring. In October, such deals made up about 9% of car loans, down from 12.9% in September, according to Edmunds data. But the good news is that this figure is still about 4 percentage points higher than the 2019 norm.

So what should you look for? The deal hunters at Edmunds have located five 2020 vehicles in various categories that still offer significant savings this month. They’re organized from the highest percent savings to the lowest. Note that these savings are averages, which means that you can likely improve on the savings with some negotiating and incentives.

2020 Chevrolet Bolt EV

Average manufacturer’s suggested price $41,361; average discount $10,364 (25% savings)

What Edmunds editors say: “The Bolt has surprising interior space for a vehicle that looks small from the outside. And for the 2020 model year, Chevrolet updated the Bolt’s battery pack, increasing its capacity without changing its size. The result is an increase in total range to an impressive 259 miles.”

2020 Jeep Cherokee

Average MSRP $32,768; average discount $6,013 (18% savings)

What Edmunds editors say: “The latest Jeep Cherokee ditches its nontraditional styling for a more familial look based on the bigger Grand Cherokee. The V6 engine is still an option, but there’s a hot turbocharged four-cylinder engine as well. In proper Jeep fashion, the Cherokee remains one of the most capable small SUVs for going off-road.”

2020 Chrysler 300

Average MSRP $35,587; average discount $6,484 (18% savings)

What Edmunds editors say: “There is nothing small about the Chrysler 300. It’s a large sedan in nearly every sense of the word, with a spacious upscale interior, a long wheelbase for a smooth ride, and an available V8 engine that has plenty of muscle.”

2020 Ford Fusion Hybrid

Average MSRP $27,090; average discount $4,940 (18% savings)

What Edmunds editors say: “The current-generation Ford Fusion Hybrid dates all the way back to 2013, but Ford’s continuous tweaks have kept

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MUNICH/FRANKFURT–(Business Wire)–Electromobility, autonomous driving and digital transformation of cars: Technological change continues to put pressure on margins at automotive suppliers. The Covid-19 pandemic has further intensified this trend. As a result, this year’s global sales are expected to slump by an average of 15 to 20 percent compared to 2019. Suppliers’ average EBIT margin fell to 1.7 percent in the first half of 2020. The pandemic’s effect on automotive suppliers is revealed in the “Global Automotive Supplier Study 2020”, from Roland Berger and Lazard. The study analyzed performance indicators of approximately 600 suppliers around the globe to assess the current state of the industry, as well as trends and challenges.

“Despite difficult underlying data, a brighter year-end is emerging. Automotive suppliers are able to stabilize financially, mainly thanks to the rapid recovery process in China,” says Felix Mogge, Partner at Roland Berger. “However, many suppliers lack the capital for the necessary technological transformation following the slump.”

Poor key figures affect creditworthiness

Overall, the coronavirus shock will affect the automotive industry for a long time to come. The peak volume of global vehicle sales that was reached in 2017 (94.3 million), is not expected to be met again until 2026. In Europe and North America, it will take even longer, while China and South America will recover more quickly, according to the report.

Together with poor key financial indicators, these forecasts may have a negative impact on the creditworthiness of automotive suppliers. “In 2019 we already observed banks becoming more restrictive in their credit financing,” says Christof Söndermann, Managing Director at Lazard. “In recent months, many suppliers were confronted with rating downgrades. This increased financial pressure further.”

Lessons from the post financial crisis era 2008/09

The current situation can be compared to the global financial crisis in 2008 and 2009. In the period that followed, some automotive suppliers benefited more than the average. “We identified four general characteristics that were crucial to success after the financial crisis,” says Felix Mogge. “Suppliers can use these to orient themselves and gain a better position in the market based on clear strategic guidelines.”

One characteristic that will distinguish the winners from the losers of the coronavirus crisis in coming years is consistent market and technology leadership in every business area. Another is strategic coherence, which includes having a coherent product portfolio that allows for the realization of synergies. The third characteristic is the achievement of a critical company size to ensure sufficient access to the capital markets. Finally, winners will demonstrate consistent implementation of their strategic decisions and a performance-driven corporate culture.

Balancing act between restructuring and strategic realignment

Technological change and the effects of the Covid-19 pandemic will continue to impact the margin performance of automotive suppliers for the foreseeable future. “The challenges of the coming years will structurally overwhelm many suppliers,” predicts Felix Mogge. “As a consequence, we will see greater consolidation in the industry.” In order to be among the winners in this environment, automotive suppliers must strategically develop their business

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Eastbound lanes on Interstate 24 are closed after a multi-vehicle wreck near Briley Parkway, according to the Tennessee Department of Transportation. 



a screen shot of a computer: Traffic cameras overlook a wreck on I-24 near Briley Parkway were obstructed by fog early Friday morning.


© Tennessee Department of Transportation
Traffic cameras overlook a wreck on I-24 near Briley Parkway were obstructed by fog early Friday morning.

The wreck involving two cars was reported just after 2 a.m. and and is expected to be cleared by 6:30 a.m., according to TDOT. Westbound lanes were not affected. 

Three people were injured, at least one critically, according to the Metro Nashville Police Department. 

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It was not immediately clear if if weather contributed to the wreck. Traffic cameras showed heavy fog in the area. 

WEATHER: Dense fog advisory until 9 a.m. for Middle Tennessee; caution urged for drivers

This is a developing story. Please check back for updates.

Find reporter Rachel Wegner at [email protected] or on Twitter @rachelannwegner.

This article originally appeared on Nashville Tennessean: Nashville traffic: I-24E closed at Briley Parkway by wreck; at least 1 critically injured

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