Ford Trucks Post Double-Digit Gains, with F-Series Marking Its 15th Consecutive Month of Year-over-Year Increases; Retail Sales of Lincoln Navigator Up 65 Percent

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Trucks Post Double-Digit Gains, with F-Series Marking Its 15th Consecutive Month of Year-over-Year Increases; Retail Sales of Lincoln Navigator Up 65 Percent

MAHLE Powertrain reduces bottlenecks in the availability of WLTP-capable dyno stands for the auto industry

MAHLE Powertrain opens new test and certification center Simulation of the entire WLTP and RDE regimes enables testing in accordance with the new test procedure under controlled and reproducible conditions The commissioning of the RDEC marks a further step in the strategic expansion of MAHLE Powertrain’s capabilities in the development and certification of vehicles with… Continue reading MAHLE Powertrain reduces bottlenecks in the availability of WLTP-capable dyno stands for the auto industry

Dacia: industrial and commercial audacity

The Dacia brand has been growing for 15 years. What are the keys to this success? Dacia has a unique business model in the automotive industry, for several reasons. The original specifications were to produce a roomy, reliable vehicle at the €5,000 price point. Unlike the vehicle projects of the time, the baseline from which… Continue reading Dacia: industrial and commercial audacity

Update: Celaya Plant Flooding and Recovery

Due to the overflow of a river near Honda’s auto plant in Celaya, Mexico, all auto and component production was suspended beginning June 28. While the Honda transmission plant in Celaya resumed production on July 9, our expert teams have completed an investigation of the damage to the tooling and equipment at the auto plant,… Continue reading Update: Celaya Plant Flooding and Recovery

From heat to cold: rethinking standstill air conditioning

A revolutionary concept for MAHLE’s parking coolers A powerful, engine-independent, and very quiet solution The transportation of goods by road is one of the main pacesetters of today’s densely interconnected economy. The driver’s rest periods play a key role, because only well-rested drivers are able to fulfill the heavy demands of their job and get… Continue reading From heat to cold: rethinking standstill air conditioning

Tech Mahindra Q1 Revenue up 13% YoY

Tech Mahindra Q1 Revenue up 13% YoY EBITDA up 45% and PAT up 12% YoYUSD Revenue grew 0.3% QoQ, in CC terms Mumbai, July 30, 2018: Tech Mahindra Ltd., a specialist in digital transformation, consulting and business reengineering today announced the audited consolidated financial results for its first quarter ended June 30, 2018. Financial highlights… Continue reading Tech Mahindra Q1 Revenue up 13% YoY

How Careem’s growth is driving affordability and choice… and we…

Careem’s growth and the idea of what we provide can differ depending on who you are and where you live. For some people in a place like Dubai, Careem might be the Lexus you book to take you to the airport. In Egypt, it’s the motorbike you get when you need to beat the traffic and get across Cairo in a hurry. In Pakistan it’s the tuk tuk you use to get to work every day. We are, of course, all those things and more, but why we are all those things is the important part.

Our focus is on making our service affordable for the masses and helping to solve the transport issues that we’ve seen across all our markets. To do this we have been diversifying our vehicle types across all markets because the tech infrastructure we have built can support multiple vehicle types.

It started with cars. For example, when we first launched in Cairo, we did so with just ten cars which, in hindsight, is ridiculously few for a city that large. Someone would open the app and it said you’ll get a car in 90 mi..

Mitsubishi Motors Announces Production, Sales and Export Figures for June 2018 and First Half of Calendar 2018

* Includes imports to Japan * Beginning fiscal 2012, locally branded models produced in China, which to date had been included in the output figure for China, are now excluded   [ Summary : June 2018 ] < Domestic Production > June 2018・・・Fourth consecutive monthly year-on-year increase since February, 2018 ( 119.8% year-on-year ) <… Continue reading Mitsubishi Motors Announces Production, Sales and Export Figures for June 2018 and First Half of Calendar 2018

Automobili Lamborghini produces Aventador 8,000 and Huracán 11,000

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Sant’Agata Bolognese, July 17 2018 – Seven years after its market introduction, the Lamborghini Aventador achieves an important milestone in its history with 8,000 units produced. Chassis number 8,000 is an Aventador S Roadster: the model in Grigio Telesto will be delivered to a customer in Japan. After just four years of production Huracán number 11,000 rolled off the assembly line. The Blue Nethuns car, chassis number 11,000, is destined for the Italian market. Automobili Lamborghini’s worldwide deliveries increased by 11% to 2,327 cars in the first half of 2018. Global sales of the Huracán model line with coupé and Spyder as well as racecar versions, showed an increase from 1,400 to 1,604 units. The Aventador line maintained the high level of the previous period with 673 units delivered.

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Porsche Financial Services: Holger Peters becomes Chief Executive Officer

Prior to his appointment to the Porsche subsidiary’s Management Board in September 2017, Peters was responsible for the Controlling department of Porsche AG for eight years. He previously held various management positions both domestically and abroad within the Porsche Group. “With Holger Peters, we have been able to appoint an experienced financial expert and excellent… Continue reading Porsche Financial Services: Holger Peters becomes Chief Executive Officer