Latest Wheels Group Inc (WGIJF) Headlines
Global Automotive Aluminum Wheels Industry 2012-2016 with CiTiC Dicastal Wheel Manufacturing Co. Ltd. and Ronal Group Dominating
M2 - Thu Dec 19, 5:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/lhmf52/global_automotive) has announced the addition of the "Global Automotive Aluminum Wheels Industry 2012-2016" report to their offering. The analysts forecast the Global Automotive Aluminium Wheels industry to grow at a CAGR of 8.48 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for vehicles across the world. The Global Automotive Aluminium Wheels industry has also been witnessing an increasing manufacturing of wheels in the APAC region. However, the availability of other lightweight wheel material could pose a challenge to the growth of this market. The key vendors dominating this space include Central Motor Wheel Co. Ltd., CiTiC Dicastal Wheel Manufacturing Co. Ltd., Ronal Group, and Superior Industries International Inc. The other vendors mentioned in the report are Accuride Corp., Alcoa Inc., BORBET GmbH, Enkei Wheels India Ltd., and United Wheels Group. Commenting on the report, an analyst from the Automotive team said: Many large global firms are nowadays outsourcing manufacturing activities to low-cost destinations in the APAC region to reduce manufacturing costs. In fact, many automotive manufacturers have started product development operations in developing countries to leverage the talented and low-cost labor available there. For instance, in 2011, several automotive companies in Western Europe and North America outsourced a large number of manufacturing operations to China. As a result, the Global Automotive Aluminium Wheels industry is growing at a faster pace in developing economies as compared to developed economies. According to the report, one of the main drivers in the market is the increase in automobile production and sales. The increasing demand for vehicles has led to an increase in the demand for tyres, which has further fostered the demand for automotive aluminium wheels. Further, the report states that one of the main challenges in the market is the availability of other light weight wheel materials such as micro alloyed HSLA steel. This is expected to have a negative impact on the usage of aluminium in automotive wheels. The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Accuride Corp. Alcoa Inc., and United Wheels Group. For more information visit http://www.researchandmarkets.com/research/lh...automotive About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
S&P Capital IQ Initiates Coverage on Wheels Group Inc. in S&P Capital IQ Factual Stock Reports
PR Newswire - Tue Dec 17, 8:22AM CST
S&P Capital IQ announced today that it has commenced Standard & Poor's Factual Stock Report coverage on Wheels Group Inc.
Wheels Group Inc. Begins Trading on OTCQX®
PR Newswire - Thu Nov 21, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Wheels Group, Inc. (OTCQX: WGIJF; TSX.V: WGI), a leading North American third-party logistics ("3PL") provider, has been approved to trade on OTCQX®, the best marketplace with qualified companies.
Wheels begins trading in the United States on OTCQX marketplace
CNW Group - Thu Nov 21, 6:00AM CST
Wheels Group Inc. ("Wheels" or the "Company") (TSXV: WGI) (OTCQX: WGIJF), a leading North American non-asset third party logistics ("3PL") provider, announced today that its common shares commenced trading in the United States on OTCQX International, a segment of the OTCQX marketplace, under the symbol "WGIJF." The common shares of Wheels continue to trade on the TSX Venture Exchange under the symbol "WGI."
Global Automotive Aluminum Wheels Industry 2012-2016 with CiTiC Dicastal Wheel Manufacturing Co. Ltd. and Ronal Group Dominating
M2 - Thu Dec 19, 5:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/lhmf52/global_automotive) has announced the addition of the "Global Automotive Aluminum Wheels Industry 2012-2016" report to their offering. The analysts forecast the Global Automotive Aluminium Wheels industry to grow at a CAGR of 8.48 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for vehicles across the world. The Global Automotive Aluminium Wheels industry has also been witnessing an increasing manufacturing of wheels in the APAC region. However, the availability of other lightweight wheel material could pose a challenge to the growth of this market. The key vendors dominating this space include Central Motor Wheel Co. Ltd., CiTiC Dicastal Wheel Manufacturing Co. Ltd., Ronal Group, and Superior Industries International Inc. The other vendors mentioned in the report are Accuride Corp., Alcoa Inc., BORBET GmbH, Enkei Wheels India Ltd., and United Wheels Group. Commenting on the report, an analyst from the Automotive team said: Many large global firms are nowadays outsourcing manufacturing activities to low-cost destinations in the APAC region to reduce manufacturing costs. In fact, many automotive manufacturers have started product development operations in developing countries to leverage the talented and low-cost labor available there. For instance, in 2011, several automotive companies in Western Europe and North America outsourced a large number of manufacturing operations to China. As a result, the Global Automotive Aluminium Wheels industry is growing at a faster pace in developing economies as compared to developed economies. According to the report, one of the main drivers in the market is the increase in automobile production and sales. The increasing demand for vehicles has led to an increase in the demand for tyres, which has further fostered the demand for automotive aluminium wheels. Further, the report states that one of the main challenges in the market is the availability of other light weight wheel materials such as micro alloyed HSLA steel. This is expected to have a negative impact on the usage of aluminium in automotive wheels. The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Accuride Corp. Alcoa Inc., and United Wheels Group. For more information visit http://www.researchandmarkets.com/research/lh...automotive About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
S&P Capital IQ Initiates Coverage on Wheels Group Inc. in S&P Capital IQ Factual Stock Reports
PR Newswire - Tue Dec 17, 8:22AM CST
S&P Capital IQ announced today that it has commenced Standard & Poor's Factual Stock Report coverage on Wheels Group Inc.
Wheels Group Inc. Begins Trading on OTCQX®
PR Newswire - Thu Nov 21, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Wheels Group, Inc. (OTCQX: WGIJF; TSX.V: WGI), a leading North American third-party logistics ("3PL") provider, has been approved to trade on OTCQX®, the best marketplace with qualified companies.
Wheels begins trading in the United States on OTCQX marketplace
CNW Group - Thu Nov 21, 6:00AM CST
Wheels Group Inc. ("Wheels" or the "Company") (TSXV: WGI) (OTCQX: WGIJF), a leading North American non-asset third party logistics ("3PL") provider, announced today that its common shares commenced trading in the United States on OTCQX International, a segment of the OTCQX marketplace, under the symbol "WGIJF." The common shares of Wheels continue to trade on the TSX Venture Exchange under the symbol "WGI."
