Automotive Tooling (Molds) Market research key players, industry overview, supply chain and analysis to 2021 to 2025 – Radford University Athletics - Radford University Athletics

Report Ocean has released a report examining the global Automotive Tooling (Molds) Market for the forecast period of 2021-2025, providing an in-depth review of the industry. Identifying and meeting consumers’ needs more effectively, more proactively, and more comprehensively than the competition.

The analysts examine the key drivers and restraints of the market for the forecast period and how their effects will affect demand. Global Automotive Tooling (Molds) Market Report provides clients with valuable perspective on the industry, practical solutions, and talent solutions while gaining insight into the newest technologies enabling sustainable business growth.

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This Automotive Tooling (Molds) Market report aims to analyze trends, market opportunities, and competitive environments in the industry. Featuring clear readings of forecast periods, an in-depth analysis of complex topics, and an outlook for the future, Report Ocean offers a comprehensive evaluation of the past and a projected outlook for the future. This research included SWOT and Porter’s Five Forces analysis.

The Automotive Tooling (Molds) Market provides a deeper understanding of the current market conditions and trends, key players, opportunities, and geography that determine market growth. This study examines a far broader view of data sharing, including a list of competitors organized by type, region, and application and a competitive scenario for businesses across various market sectors and regions. Records are crucial for startups and those participating in markets and growing their businesses. The following report examines industry challenges, growth prospects, and future opportunities.

Impact Analysis of COVID-19

• The report examines the effects of COVID-19 on Automotive Tooling (Molds) Market globally, as well as the potential of its recovery.

• COVID-19 implementation presented a lot of challenges to organizations and individuals. There have since been lockdowns on various Automotive Tooling (Molds) Market in a number of countries, which negatively affected the market.

Regional Overview: The Global Automotive Tooling (Molds) Market

In a Automotive Tooling (Molds) Market study, all relevant aspects of data are taken into a specific region. Globally, the main markets are Europe, Asia-Pacific, North America, Latin America, and Africa. There are several countries on this list, including Taiwan, Russia, the United States, the United Kingdom, Germany, France, Italy, Japan, South Korea, Canada, Mexico, and the Southeast Asian region, among others.

In addition to these topics, the report covers economic and social matters, technological developments, and environmental concerns. In addition to this, researchers have compiled regional manufacturing, revenue, and manufacturer statistics.

The Automotive Tooling (Molds) Market segmentation focuses on
By Types:
Stamping Dies

By Application:
Passenger Cars
Commercial Vehicles

Key Players in the Global Automotive Tooling (Molds) Market

The global Automotive Tooling (Molds) Market report includes a list of some of the leading companies. It also provides information on the competition and recent market trends. A breakdown of the facts collected in this forecast period shows the manufacturers’ revenues and production levels.

The leading competitor’s profiles in the global Automotive Tooling (Molds) Market are:
Botou Xingda
Weber Manufacturing
Chengfei Jicheng
Changzhou Huawei
Schafer Group
Lucky Harvest
Greatoo Intelligent
Shandong Wantong
Yanfeng Visteon

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Could making it harder to rent a car help control tourism? Maui lawmakers hope so. - Hawaii News Now

KAHULUI (HawaiiNewsNow) - Rows of rental cars sit idle near the Kahului Airport on Maui in an overflow lot. They are on standby and ready for another visitor boom.

However, backlash over the influx of tourists on the Valley Isle this past summer has some lawmakers now looking to limit rental cars on the island.

“That way we can at least know how much there is total and have some sort of control over it in tandem with what the infrastructure can handle,” said Maui County Councilwoman Tamara Paltin.

Paltin says establishing a cap can help relieve stress on the island’s infrastructure, communities and resources.

Congressman Ed Case supports the idea.

“The demand for coming to Hawaii has been going up and we just chase it with supply — supply of more rooms, more cars, more gates at the airport,” Case said.

“We got to turn that around and say, ‘This is what the supply is that we have to offer, and the demand can adjust to that supply.’”

Gary Fernandez is a security guard at Fleet Services Hawaii and watches over the rental car lots. He says there needs to be a balance.

“Visitors are a good thing. If not, we wouldn’t have a job, us guys out here, so we need them to come and rent our cars,” Fernandez said.

Rental car companies bring in lots of revenue to the state, especially on Maui.

“Talked to some folks from state Transportation and they described Maui as the ‘crown jewel’ because we have so many rental cars,” said Paltin.

Paltin and Case say the revenue can still be collected other ways.

“We would likely have higher prices for tourists coming which would maintain the economy, which would maintain jobs. We would just have fewer tourists,” Case said.

“If you’re gonna come and rent a car, have this extra strain on our infrastructure, then are you going to pay for it? Pay more to keep your rental car at the hotel? Pay more to park around town?” said Paltin.

Copyright 2021 Hawaii News Now. All rights reserved.

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GM Financial prepares for EVs, BrightDrop and Cruise - Automotive News

DETROIT — As General Motors evolves its vehicle portfolio and adds new business lines, its captive is ready to help.

GM Financial has given the automaker a boost during much of the pandemic and throughout the global microchip shortage by running promotions at the onset of the COVID-19 crisis, consistently paying dividends to GM and carefully planning remarketing strategies. The role of the 11-year-old captive will continue to expand in the next few years as GM launches its latest digital retail platform, powered by Tekion, and as the automaker elevates new business models, such as BrightDrop, its commercial electric van business, and Cruise, its majority-owned self-driving subsidiary.

"All of those initiatives within GM, we would have a seat at the table. From that seat at the table, we've taken that back to our organization to say, 'What part do we need to play as a captive?' " said GM Financial CEO Dan Berce, who also is on the automaker's senior leadership team.

Berce: “A seat at the table”

As GM adjusts its digital retail approach and expands its Ultium battery applications, GM Financial also will continue to evolve. The captive will support any GM sales, Berce said, including fuel cell or battery-powered vehicles, BrightDrop and Cruise.

In June, the captive provided Cruise with a multiyear $5 billion line of credit as the company prepares to commercialize its self-driving ride-hailing business.

Over the past two years, GM Financial helped drive demand with 0 percent interest for 84 months and 90-day deferral offers during the early days of the pandemic, boosted GM's balance sheet with $2 billion paid in dividends and took advantage of rising used-vehicle values in its remarketing strategy.

"A lot of captives just ended up selling [used vehicles] at the first opportunity," Berce said. "We really cadenced our sales between June and September of last year, which in hindsight was a great decision because the market kept going up and we took advantage of our cadence."

Auto lenders, in most cases, have more frequent contact with customers post-sale than automakers and even dealers. GM Financial has been working to enhance its website and mobile app for a better customer experience as GM begins to launch EVs.

The lender also has been involved with the automaker's development of its next digital retail platform.

"Having a strong captive integrated with sales and marketing has to be a strategic advantage," said Jonathan Smoke, chief economist for Cox Automotive. "Digital retailing makes [the captive] more visible."

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Will the Rental Car Shortage Ease in Time for Holiday Travel? - NBC 5 Dallas-Fort Worth

Over the spring and summer travel season, renting a car at your destination may not have always been a given. Inventory was low as travel demand picked up in 2021, explained Willis Orlando with Scott’s Cheap Flights.

“Folks would buy these cheap flights, arrive at their destination and go to rent a car – which used to be a very easy, routine thing to do and find themselves out of luck,” said Orlando.

Read on to hear from experts in the travel industry.

Orlando said an early spot check of Thanksgiving weekend car rental prices showed they’re leveling out from highs seen earlier this year.

“In the summer, when the car rental agencies had their backs against the wall and were scrambling to fill demand, they bought up new cars, they started rebuilding their supply. Now, they're just about back where they were pre-pandemic,” Orlando said.

The American Car Rental Association’s Greg Scott said it’s too soon to say things are back to “normal”.

“I hate to sound pessimistic, but it's not a science. We don't exactly know where it's going to go,” said Scott.

ACRA, which represents approximately 98% of the car rental industry, estimates rental companies had 1.7 million vehicles at the start of the pandemic. When travel slowed in 2020, Scott said the industry sold around half its fleet. In 2021, car rental companies are buying back cars, though not as many as in pre-pandemic years.

“We're still selling cars and purchasing cars, but the number of cars we’re purchasing is way down as an industry. Quite frankly, the number of cars that we would like to purchase is higher than what we're able to purchase right now,” explained Scott – pointing to ongoing supply chain challenges.

Scott said, at the same time, demand remains unpredictable. COVID-19 variants continue to impact travel and it’s unclear if business travel will return to pre-pandemic levels.

Late hurricane season and fall severe weather can also drive up demand for rental cars in certain markets – which could impact the holidays.

“I think that somebody who, two years ago, would arrange their hotel and their airlines six months out for their Christmas vacation, but wait until the last week or so to think about a car rental probably is making a mistake,” said Scott.

He recommends consumers reserve their vehicles when booking flights or hotels.

“Go online, reserve one now, lock in a good rate for yourself. Very often you have free cancelations. If plans change, you're off the hook, you're fine,” said Orlando.

Be flexible about the vehicle you want and where you pick up. Consumers may have better luck at a neighborhood car rental location versus an airport counter.

When you book, search for discount codes that apply to you. The company you work for may get a discount for employees – even on leisure trips. There may be an alumni discount for your school.

Tap into loyalty programs through the car rental company, your hotel or airline. You may get discounts through memberships at your auto club, even a warehouse or wholesale club. Your credit card may also offer perks.

NBC 5 Responds is committed to researching your concerns and recovering your money. Our goal is to get you answers and, if possible, solutions and a resolution. Call us at 844-5RESPND (844-573-7763) or fill out our customer complaint form.

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NYC Cyclists Frustrated By Construction, Cars Blocking Protected Bike Lanes - CBS New York

NEW YORK (CBSNewYork) — New York City has spent years creating protected bike lanes for the growing number of cyclists, but riders say many of them are completely useless and dangerous, thanks to construction and cars.

Video from an East Village mother shows her child cycling to school this week, forced into the middle of the street because construction was blocking the bike lane.

READ MORE:Retired FDNY Firefighter Suffering From 9/11-Related Illness In Need Of Lifesaving Bone Marrow Transplant

She wrote, “I wonder why more kids don’t ride a bicycle to school when they have a protected BikeNYC lane to go there.”

“It would be nice to have a protected one where we could, in fact, bike,” East Village resident Alexis Adler told CBS2’s Ali Bauman.

There are more than 570 miles of protected bike lanes across New York City.

Residents say construction equipment has been blocking one lane along East 12th Street by Avenue A for months, and it’s just one of many protected bike lanes in the area that is dangerously littered with illegal obstacles.

“You feel like, oh, I’m in the bike lane, and then all of a sudden, the bike lane ends and there’s oncoming traffic,” Adler said.

READ MORE:Harlem Man Arrested After Allegedly Punching Woman, Striking 5-Year-Old Child

“I’ve had a few incidents where I’ve sort of bounced off of cars once or twice,” East Village resident Adam Farmerie said.

Cycling has boomed in the city during the pandemic with commuters like Wendy Dhang switching for a healthier alternative to subways or buses, but she finds many protected lanes on her route are actually impassible.

“It’s blocked either by car or by the construction. That bothers me a lot because I have to turn, and when I turn to go outside the lane, it’s very dangerous,” Dhang said.

The Department of Transportation says it has updated the city’s permit language “to hold contractors accountable who do not maintain bike lane access in construction zones.”

After CBS2 asked the city about the bike lane in the East Village, the DOT came to inspect and issued a summons to the construction company for being non-compliant with its permit.

“Free up this territory for better usage,” Adler said.

MORE NEWS:New York Judge Suspends Father's Visitation Rights With Daughter Unless He Gets COVID Vaccine Or Subjects To Weekly Testing

Cyclists are asking the city protect what are supposed to be their protected lanes.

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