Stumpp Schuele & Somappa Springs signs JV with Japan’s Chuhatsu

Stumpp Schuele & Somappa Springs (SSS), a player in automotive spring manufacturing and part of the MG Brothers Group, has entered into joint venture with Japan’s Chuhatsu to produce power back door (PBD) springs. This strategic move positions SSS as probably the  first domestic producer of PBD springs in India, a market segment currently dominated… Continue reading Stumpp Schuele & Somappa Springs signs JV with Japan’s Chuhatsu

Jaguar braces for ‘reset period’ between I-Pace and radical new EVs

It’s already on the record that Rawdon Glover, Jaguar’s managing director, has one of the toughest automotive jobs on the planet. His immediate task is to kill off (“sunset”) the current, mostly combustion-engine range of traditional Jaguar models and replace it from 2026 with a radical, three-tier EV line-up that lifts pricing into the realms… Continue reading Jaguar braces for ‘reset period’ between I-Pace and radical new EVs

Valmet to start change negotiations in Finland in its Paper business line’s Board and Paper Mills business unit

Valmet Oyj press release September 5, 2024 at 10:00 a.m. EEST  ESPOO, Finland, Sept. 5, 2024 /PRNewswire/ — Valmet starts change negotiations on September 5, 2024, that affect its Paper business line’s Board and Paper Mills business unit. The business unit develops and delivers board and paper making lines and technologies globally. The negotiations include a plan… Continue reading Valmet to start change negotiations in Finland in its Paper business line’s Board and Paper Mills business unit

VW-backed Scout brand to unveil Ford Bronco rival on 24 October

Scout, the Volkswagen-backed revival of 4×4 brand International Harvester, will reveal its first cars on 24 October. The brand will unveil an electric rival for the Land Rover Defender and Ford Bronco, alongside a closely related pick-up to take on the Rivian R1T and Ford F-150 Lightning. The high-riding 4×4 and pick-up will have retro-futuristic… Continue reading VW-backed Scout brand to unveil Ford Bronco rival on 24 October

Lilly and EVA Pharma collaborate to expand access to baricitinib in low- to middle-income countries

Lilly will license certain baricitinib manufacturing know-how to enable EVA Pharma to manufacture and supply treatment for various immunological diseases across 49 low- to middle-income countries in Africa INDIANAPOLIS and CAIRO, Sept. 4, 2024 /PRNewswire/ — Eli Lilly and Company (NYSE: LLY) and EVA Pharma announced today that the companies have entered into an agreement to expand… Continue reading Lilly and EVA Pharma collaborate to expand access to baricitinib in low- to middle-income countries

The luxury sports car gets an electric makeover

As with most Porsches, the new Taycan Turbo GT looks fast. But it’s not until racing driver Bruno Correia hits the accelerator and his passengers’ helmets slam back against their head rests that the supercar’s true speed becomes fully apparent. “The handling of this car, for its size and weight, is just astonishing,” remarks Correia… Continue reading The luxury sports car gets an electric makeover

Indonesia System Integration Market to Grow by USD 655 Million (2024-2028) Driven by IoT Data Surge, AI-Powered Market Insights – Technavio

NEW YORK, Sept. 3, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global system integration market in Indonesia size is estimated to grow by USD 655 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 7.12% during the forecast period. Exponential increase in data generation… Continue reading Indonesia System Integration Market to Grow by USD 655 Million (2024-2028) Driven by IoT Data Surge, AI-Powered Market Insights – Technavio

German FAZ: Is the time of ever thicker car armor over?007590

There is already a fairly precise answer to the frequently asked question about what the future of the automobile looks like: the time of the all-rounder is over. The time when people drove the Volkswagen Beetle (in the past) or the large SUV (today) to work or on vacation, to the bakery or to kindergarten,… Continue reading German FAZ: Is the time of ever thicker car armor over?007590

Valmet’s financial reporting in 2025

Valmet Oyj’s stock exchange release on September 3, 2024 at 9:30 a.m. EEST HELSINKI, Sept. 3, 2024 /PRNewswire/ — Valmet will publish its Financial Statements Review, Half Year Financial Review and two Interim Reviews in 2025 as follows: February 13, 2025 – Financial Statements Review for 2024 April 24, 2025 – Interim Review for January­­-March 2025 July 23, 2025 – Half… Continue reading Valmet’s financial reporting in 2025

Valmet strengthens its presence in West China by opening a new service center in Beihai

Valmet Oyj press release, September 3, 2024, at 09:00 a.m. EEST  ESPOO, Finland, Sept. 3, 2024 /PRNewswire/ — Valmet has opened a new service center in Beihai to serve and be close to its customers in the fast-growing pulp and paper industry in the Guangxi Zhuang Autonomous Region, West China. The center is a vital service… Continue reading Valmet strengthens its presence in West China by opening a new service center in Beihai