Apollo targets dollar 5 billion in revenue by FY26

Apollo Tyres, India’s second largest tyre manufacturer, has worked on a roadmap to reach $ 5 billion revenue by FY26 without compromising on return on capital employed (ROCE) which it expects to be in range of 12-15 percent, earnings before interests taxes, depreciation & amortization (EBITDA) of around 15 percent and net debt- to- EBITDA ratio to be less than… Continue reading Apollo targets dollar 5 billion in revenue by FY26

Clean Technica: Software & You: Who Actually Owns That New Car You Are Driving?002134

Elon Musk and Tesla have been the prime movers in bringing over-the-air updates to cars. They are part of the “car as computer on wheels” movement that began in earnest when the Tesla Model S first went on sale. There’s a lot to like about connectivity. It allows manufacturers to push new software to cars… Continue reading Clean Technica: Software & You: Who Actually Owns That New Car You Are Driving?002134

German Handelsblatt: Change of boss at Volkswagen: Herbert Diess refrains from presenting the half-year balance sheet004869

Herbert Diess Der scheidende VW-Konzernchef ist offiziell noch bis zum 31. August im Amt, verzichtet aber auf die Teilnahme an der aktuellen Bilanzvorlage. (Foto: Reuters) An diesem Donnerstag legt der VW-Konzern seine Halbjahreszahlen vor. Da wäre die Teilnahme des amtierenden Vorstandsvorsitzenden an der Bilanzpräsentation eine Selbstverständlichkeit. Doch in Wolfsburg ist derzeit nichts mehr normal nach dem… Continue reading German Handelsblatt: Change of boss at Volkswagen: Herbert Diess refrains from presenting the half-year balance sheet004869

German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004868

Volkswagen in China China plays an important role for the German car company. (Photo: dpa) Regardless of the growing risks, German companies continue to invest heavily in China. According to the Chinese Ministry of Commerce, investments rose by 21 percent in the first five months of the year compared to the same period last year.… Continue reading German Handelsblatt: Trade relations: BASF, VW, Aldi: German companies invest heavily in China – and risk a lot004868

Ford posts Q2 profit, expects to produce 14,000 EVs this month

Ford Motor has dodged some of the pain and losses that rival General Motors experienced in the second quarter. Ford reported Wednesday $40.2 billion in revenue, a 50% increase from the same period last year, and an adjusted operating income that tripled to $3.7 billion. Those figures, which absolutely crushed Wall Street expectations, sent shares… Continue reading Ford posts Q2 profit, expects to produce 14,000 EVs this month

Xinhua Silk Road: Welterbestätte Quanzhou strebt danach, ein Modell für den Schutz und die Nutzung des kulturellen Erbes zu werden

Quanzhou war einer der größten Häfen der Welt an der historischen Seidenstraße, vor allem in der Song-Dynastie (960-1279) und der Yuan-Dynastie (1271-1368) im alten China. „Quanzhou: Emporium of the World in Song-Yuan China” umfasst 22 Standorte von Verwaltungsgebäuden und -strukturen, religiösen Gebäuden und Statuen. Im Laufe des Jahres hat die Stadt viele Anstrengungen unternommen, um… Continue reading Xinhua Silk Road: Welterbestätte Quanzhou strebt danach, ein Modell für den Schutz und die Nutzung des kulturellen Erbes zu werden

Ball Board Declares Quarterly Dividend

WESTMINSTER, Colo., July 27, 2022 /PRNewswire/ — Ball Corporation‘s (NYSE: BALL) board of directors (the “Board”) today declared a cash dividend of 20 cents per share, payable September 15, 2022, to shareholders of record as of September 1, 2022. Ball will announce its second quarter 2022 earnings on Thursday, August 4, 2022, at 9 a.m.… Continue reading Ball Board Declares Quarterly Dividend

@VW Group: THE SPIRITUAL HOME OF BUGATTI IN ENGLAND FOR MORE THAN 90 YEARS005472

Founded in London in 1929, the world’s first Bugatti Owners’ Club moved to Prescott in the beautiful English Cotswolds region in 1937. There, it established its very own hill climb course and – in 1987 – the Bugatti Trust, maintaining and celebrating the magic of the Bugatti brand for more than 90 years. Located in… Continue reading @VW Group: THE SPIRITUAL HOME OF BUGATTI IN ENGLAND FOR MORE THAN 90 YEARS005472

@Toyota: Toyota-Sponsored Documentarian has Passion for Salmon, Grizzlies

The life of an outdoor documentarian is a mixture of pulse-pounding adventure and occasional peril. For Idaho journalist Kris Millgate, she wouldn’t have it any other way. Millgate owns Tight Line Media, a company that is equally adept at both visual and print journalism. Her love affair for nature stems from her childhood when she… Continue reading @Toyota: Toyota-Sponsored Documentarian has Passion for Salmon, Grizzlies

Tesla driver using Autopilot kills motorcyclist, prompting another NHTSA investigation

A motorcyclist in Draper, Utah, was killed early Sunday morning when a Tesla driver using Autopilot slammed into the rear of his bike. It is the latest crash involving Tesla’s advanced driver-assist system to draw scrutiny from federal investigators at the National Highway Traffic Safety Administration (NHTSA). The incident occurred just after 1AM Sunday on… Continue reading Tesla driver using Autopilot kills motorcyclist, prompting another NHTSA investigation