Autoliv Inc. ALV reported second-quarter 2024 adjusted earnings of $1.87 per share, which missed the Zacks Consensus Estimate of $2.44 and fell 3% year over year. The company reported net sales of $2.61 billion in the quarter, which missed the Zacks Consensus Estimate of $2.77 million and fell 1.1% year over year. Organic sales rose… Continue reading Autoliv (ALV) Q2 Earnings Miss Expectations, Guidance Revised
Tag: Suzuki
Vishal Bhat to head sales at Skoda Auto India
Vishal Bhat, the former head of aftersales business and service at Volkswagen India and Skoda India, has taken charge of sales for the Skoda brand. Sources say that Bhat, who has been with the Group for almost one and a half decades, will oversee the critical sales function ahead of Skoda’s much-awaited sub-4-meter SUV launch… Continue reading Vishal Bhat to head sales at Skoda Auto India
Auto Inc invested Rs 14,043 crore till March end under PLI scheme for automobile, components
The Indian automotive sector invested Rs 14,043 crore till March end under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Economic Survey tabled in the parliament on Monday ahead of the Union Budget tomorrow. The government launched the Rs 25,938 crore output-linked incentive to boost domestic manufacturing of advanced… Continue reading Auto Inc invested Rs 14,043 crore till March end under PLI scheme for automobile, components
Curvv will not be a niche product: Tata Motors’ Vivek Srivatsa
Tata Motors has been conspicuous by its absence from the hotly contested midsize SUV segment, which registered 26% growth and sale of 741,447 units in FY2024, in the Indian passenger vehicle market. That will soon change with the arrival of the Curvv, which, instead of a traditional SUV bodystyle – something every other player offers… Continue reading Curvv will not be a niche product: Tata Motors’ Vivek Srivatsa
German FAZ: Tachograph 007301
Paris Auto Show with German BrandsGerman car manufacturers are returning to Paris: In addition to VW and Audi, BMW also wants to be represented at the auto show in the fall (October 14th to 20th), as “Automotive News” reports. Another strong-selling brand, Skoda, is making a comeback. Other participants include the French brands Citroen, DS,… Continue reading German FAZ: Tachograph 007301
FMS: The Future of Memory and Storage Summit: Harriet Coverston, inventor of archiving filesystems SAM-FS, SAM-QFS, VSM, selected for the 2024 SuperWomen of FMS Leadership Award
Award honors the contributions of women in the memory and storage industry SANTA CLARA, Calif., July 19, 2024 /PRNewswire/ — FMS: The Future of Memory and Storage recognized as the world’s foremost conference highlighting the key advancements, trends, and industry figures shaping the multi-billion-dollar high-speed memory, storage, and SSD markets, today announced that Harriet Coverston, CTO of Versity… Continue reading FMS: The Future of Memory and Storage Summit: Harriet Coverston, inventor of archiving filesystems SAM-FS, SAM-QFS, VSM, selected for the 2024 SuperWomen of FMS Leadership Award
Suzuki introduces new paint scheme for Access 125 and Burgman Street at unchanged prices
Suzuki has introduced a new paint scheme for the Access 125 and the Burgman Street, without changing their prices. The Access 125 and Burgman Street cost Rs 90,500 and Rs 98,299, respectively. Also, both scooters remain identical to their previous versions. The Suzuki Access 125 is now available in dual tones (Metallic Sonoma Red and… Continue reading Suzuki introduces new paint scheme for Access 125 and Burgman Street at unchanged prices
Lear (LEA) Acquires WIP to Optimize Operational Efficiency
Lear Corporation LEA, a global leader in automotive technology for Seating and E-Systems, has closed the acquisition of WIP Industrial Automation. The agreement for this acquisition was signed on Apr 29, 2024. The transaction’s terms were not disclosed. WIP, Lear’s supplier for 25 years, specializes in developing, integrating and deploying advanced automation technologies for production… Continue reading Lear (LEA) Acquires WIP to Optimize Operational Efficiency
Suzuki unveils five-pronged future tech strategy
Suzuki Motor Corporation has announced its technology strategy for the next decade. As per the company statement, the Japanese automaker will realise a “technology that minimizes energy consumption” from manufacturing to recycling, and aim for a carbon-neutral world while providing the joy of transportation to people all over the world. SMC has a five-pronged tech… Continue reading Suzuki unveils five-pronged future tech strategy
John Nicols Appointed Strategic Advisor to bitBiome
Former Codexis CEO will focus on accelerating the commercialization of bitBiome’s internal product pipeline TOKYO, July 16, 2024 /PRNewswire/ — bitBiome, Inc., a biotechnology company unlocking the potential of our planet’s microbes to power the future of the bioeconomy, today announced the addition of John Nicols as a key strategic advisor, further expanding their knowledge… Continue reading John Nicols Appointed Strategic Advisor to bitBiome