Automotive Filters Market worth $13.1 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 7, 2023 /PRNewswire/ — Automotive Filters Market is projected to grow from USD 11.1 billion in 2022 to USD 13.1 billion by 2027, at a CAGR of 3.3% according to a new report by MarketsandMarkets™. Increasing global vehicle production is the key factor driving the demand for automotive filters. Additionally, rising stringency in emission,… Continue reading Automotive Filters Market worth $13.1 billion by 2027 – Exclusive Report by MarketsandMarkets™

Adient reports improved first quarter 2023 financial results; reaffirms FY2023 outlook

PLYMOUTH, Mich., Feb. 7, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its first quarter 2023 financial results. Q1 GAAP net income and EPS diluted of $12M and $0.13, respectively; Q1 Adj.-EPS diluted of $0.34 Q1 Adj.-EBITDA of $212M, up $66M y-o-y Strong quarter-end cash and total liquidity of $901M… Continue reading Adient reports improved first quarter 2023 financial results; reaffirms FY2023 outlook

ZTO Express held the 2023 Nationwide Network Conference

SHANGHAI, Feb. 7, 2023 /PRNewswire/ — On February 7, 2023 local time, ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057) (“ZTO” or the “Company”), a leading and fast-growing express delivery company in China, held the 2023 Nationwide Network Conference at its headquarter in Shanghai. The conference reviewed and summarized the work of each business line… Continue reading ZTO Express held the 2023 Nationwide Network Conference

VIAVI Solutions Unveils Resilient Positioning, Navigation and Timing from Jackson Labs

CHANDLER, Ariz., Feb. 7, 2023 /PRNewswire/ — Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of the PNT-6200 Series Assured Reference for resilient positioning, navigation and timing (PNT). This solution is based on VIAVI’s acquisition of Jackson Labs Technologies in November 2022, and delivers critical security for PNT to communications service providers, network equipment manufacturers,… Continue reading VIAVI Solutions Unveils Resilient Positioning, Navigation and Timing from Jackson Labs

Myanmar Logistics Market is expected to get double to USD ~8 Bn between by 2027F owning to Logistics Development Vision 2030, Increasing inflow of investment and Government Initiatives: Ken Research

GURUGRAM, India, Feb. 7, 2023 /PRNewswire/ — Myanmar Logistics Market is in the growing stage, being driven by logistics Development Vision 2030, Increasing inflow of investment and Government Initiatives. There are several players in the Malaysia auto finance market some of which Nippon Express, Kospa, Daizen, Scan Global Logistics, Sea Lion, Yusen Logistics etc. Government initiated… Continue reading Myanmar Logistics Market is expected to get double to USD ~8 Bn between by 2027F owning to Logistics Development Vision 2030, Increasing inflow of investment and Government Initiatives: Ken Research

Gotion and InoBat sign MoU to develop Joint Venture EV Battery Cells and Packs

HEFEI, China, Feb. 7, 2023 /PRNewswire/ — On February 5, Gotion High-Tech, the innovative manufacturer of batteries and energy storage solutions in China, signed a Memorandum of Understanding (MoU) with InoBat, the European pioneering supplier of premium batteries for electric vehicles, to explore Joint Venture opportunities in revolutionizing EV battery and energy storage technologies, including… Continue reading Gotion and InoBat sign MoU to develop Joint Venture EV Battery Cells and Packs

Glamping Market to be Worth $5.94 Billion by 2030 at CAGR 10.9%: Grand View Research, Inc.

SAN FRANCISCO, Feb. 7, 2023 /PRNewswire/ — The global glamping market size is anticipated to reach USD 5.94 billion by 2030, registering a CAGR of 10.9% over the forecast period, according to a new report by Grand View Research, Inc. With continuous modification in service offerings and expansions, the market is expected to witness a… Continue reading Glamping Market to be Worth $5.94 Billion by 2030 at CAGR 10.9%: Grand View Research, Inc.

World NM: 2023 Honda CR-V Starts Rolling Off the Assembly Line in East Liberty, Priced at $32,950001835

It’s hard to describe in only a few words how important the CR-V is for Honda. Over in the United States alone, it moved 238,155 examples in 2022, down from 361,271 in 2021 due to supplier chain-related concerns. The arch nemesis of the Toyota RAV4 has recently entered series production at the East Liberty Auto… Continue reading World NM: 2023 Honda CR-V Starts Rolling Off the Assembly Line in East Liberty, Priced at $32,950001835

World NM: Tesla Raises Giga Shanghai Output Amid Increased Demand Fueled by Recent Price Cuts001834

Tesla aggressively slashed prices across its lineup in January, a move that started with the Chinese market. The price cuts energized Tesla sales, so the company is now stepping up production at Giga Shanghai to meet increased demand. Tesla faced sluggish sales at the end of 2022, with demand at the lowest level in years.… Continue reading World NM: Tesla Raises Giga Shanghai Output Amid Increased Demand Fueled by Recent Price Cuts001834

World NM: 2024 Ford Ranger Raptor Spotted on Production Line at Michigan Assembly Plant001833

Based on the Ford T6 vehicle architecture, the outgoing Ranger is no longer available in Europe or Australia. The Dearborn-based automaker still makes it stateside, though, at the Michigan Assembly Plant. Sharing the production line with the Bronco, the U.S.-spec truck will be refreshed in a matter of months along the same lines as the… Continue reading World NM: 2024 Ford Ranger Raptor Spotted on Production Line at Michigan Assembly Plant001833