New deep tech fund Wave Function Ventures raises $15 million

When Jamie Gull graduated from Stanford University in 2007 with a master’s degree in aeronautics, there was one place he wanted to go next: the desert. The Mojave desert, to be specific. A company called Scaled Composites had spent years developing experimental aircraft out on that arid land, and Gull wanted in. He could have… Continue reading New deep tech fund Wave Function Ventures raises $15 million

Standard Motor Products Announces New Numbers in 31 Categories

NEW YORK, Oct. 3, 2025 /PRNewswire/ — Standard Motor Products, Inc. (SMP) is pleased to announce that it released more than 250 new part numbers across 31 product categories in Q3 of 2025. This includes new applications from SMP’s Vehicle Control and Temperature Control divisions for late-model import and domestic vehicles. Continue Reading SMP continues… Continue reading Standard Motor Products Announces New Numbers in 31 Categories

Revenue and Profit Rise: PATEO’s Interim Report Shows 38.3% Gross Profit Growth

SHANGHAI, Oct. 3, 2025 /PRNewswire/ — PATEO CONNECT Technology (Shanghai) Co., Ltd. (hereinafter referred to as “PATEO “, stock code: 2889.HK) released its first interim report since its IPO, showing robust improvements across key financial metrics, with gross profit growing by 38.3%. In the first half of 2025, PATEO’s revenue reached RMB 10.86 billion, a… Continue reading Revenue and Profit Rise: PATEO’s Interim Report Shows 38.3% Gross Profit Growth

Revenue and Profit Rise: PATEO’s Interim Report Shows 38.3% Gross Profit Growth

SHANGHAI, Oct. 3, 2025 /PRNewswire/ — PATEO CONNECT Technology (Shanghai) Co., Ltd. (hereinafter referred to as “PATEO “, stock code: 2889.HK) released its first interim report since its IPO, showing robust improvements across key financial metrics, with gross profit growing by 38.3%. In the first half of 2025, PATEO’s revenue reached RMB 10.86 billion, a… Continue reading Revenue and Profit Rise: PATEO’s Interim Report Shows 38.3% Gross Profit Growth

Audi India Records 3,197 Unit Sales in First Nine Months of 2025

Audi India has announced retail sales of 3,197 units during the first nine months of 2025, reflecting the brand’s performance amid a challenging market environment characterized by complex dynamics and external pressures. The German luxury carmaker faced headwinds from geopolitical developments that dampened customer sentiment, alongside unfavorable exchange rate movements that impacted the broader luxury… Continue reading Audi India Records 3,197 Unit Sales in First Nine Months of 2025

Volkswagen Tiguan, Taigun, Virtus get up to Rs 3 lakh off this Diwali

Volkswagen has kicked off the festive season with a round of significant discounts across its model range. New car buyers looking at the brand’s three-model line-up, that includes the Tiguan, Taigun and Virtus,  can now avail themselves of hefty cash discounts, exchange or scrappage bonuses, and loyalty benefits depending on the model. While the exact… Continue reading Volkswagen Tiguan, Taigun, Virtus get up to Rs 3 lakh off this Diwali

South Africa secures China, India investments to boost local auto manufacturing

The SKD manufacturing technique involves turning partially assembled kits into finished vehicles, while CKD puts together cars from parts delivered to the site. South Africa has secured commitments from Chinese and Indian car companies to upgrade their semi-knocked-down (SKD) vehicle assembly operations to full-scale manufacturing, the South African trade minister said on Thursday, as industry… Continue reading South Africa secures China, India investments to boost local auto manufacturing