Visteon Announces 2023 Financial Results and 2024 Outlook

VAN BUREN TOWNSHIP, Mich., Feb. 20, 2024 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2023 financial results. Highlights include: $990 million net sales in Q4 and $3,954 million for the full year Net income of $366 million including a $313 million non-cash U.S. tax benefit in Q4, and net… Continue reading Visteon Announces 2023 Financial Results and 2024 Outlook

Global Food Automation Strategic Industry Report 2024: Market to Reach $19.5 Billion by 2030 – Upgrading Food Automation Using Artificial Intelligence

DUBLIN, Feb. 20, 2024 /PRNewswire/ — The “Food Automation – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering. Global Food Automation Market to Reach $19.5 Billion by 2030 The global market for Food Automation estimated at US$11.7 Billion in the year 2022, is projected to reach a revised size of US$19.5 Billion by… Continue reading Global Food Automation Strategic Industry Report 2024: Market to Reach $19.5 Billion by 2030 – Upgrading Food Automation Using Artificial Intelligence

2024 Altair Enlighten Award Open for Entries

Award spotlights the automotive industry’s finest innovations in sustainable, lightweight design TROY, Mich., Feb. 20, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that the 2024 Altair Enlighten Award is now open for submissions. Presented annually in conjunction with the Center for Automotive Research (CAR), the award honors the greatest sustainability… Continue reading 2024 Altair Enlighten Award Open for Entries

2024 Altair Enlighten Award Open for Entries

Award spotlights the automotive industry’s finest innovations in sustainable, lightweight design TROY, Mich., Feb. 20, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that the 2024 Altair Enlighten Award is now open for submissions. Presented annually in conjunction with the Center for Automotive Research (CAR), the award honors the greatest sustainability… Continue reading 2024 Altair Enlighten Award Open for Entries

Automotive Transmission Market worth $84.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 20, 2024 /PRNewswire/ — Automotive Transmission Market is projected to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028, at a CAGR of 6.2% from 2023 to 2028, according to a new report by MarketsandMarkets™. The automotive transmission market is driven by factors such as – a shift towards automatic transmissions… Continue reading Automotive Transmission Market worth $84.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

@Nissan: Full Control and precision: Nissan’s e-4ORCE Tackles the Frozen Land of a Thousand Lakes001291

2024/02/20 Finland’s frozen lakes and snow-covered roads showcase Nissan’s e-4ORCE technology through thrilling on and off-road winter courses e-4ORCE’s power and precision will be centre stage, with its exclusive all-wheel drive, dual motor tech, and instant power distribution mastering any wintery condition with ease PARIS, FRANCE – Embark on an exhilarating adventure with e-4ORCE technology,… Continue reading @Nissan: Full Control and precision: Nissan’s e-4ORCE Tackles the Frozen Land of a Thousand Lakes001291

JSW Steel in talks for USD 1 bn stake in Australia’s Blackwater coal mine

Whitehaven is looking to sell a 20% stake in the mine it acquired just a few months ago, amid a pay dispute with workers. Steel major JSW is reportedly in talks to acquire a 20% stake in Australia’s Blackwater coal mine, with the purchase expected to cost USD 1 billion. Media reports say the deal… Continue reading JSW Steel in talks for USD 1 bn stake in Australia’s Blackwater coal mine

Chevy Silverado EV recall issued over a defect that can cause the seatbelt to tear

GM is issuing a recall for the 2024 Chevy Silverado EV over a defect that can cause the second-row seatbelt to tear in a crash. Chevy Silverado EV recall issued over seatbelt defect According to a letter sent to the National Highway Traffic Safety Association (NHTSA), GM is recalling certain 2024 Chevy Silverado EV models.… Continue reading Chevy Silverado EV recall issued over a defect that can cause the seatbelt to tear

Some of the key players: AB Volvo, Anhui Jianghuai Automobile Group Co. Ltd., and BYD Co. Ltd. are expected to drive a USD 166.58 billion growth in the Electric Commercial Vehicle Market between 2022-2027

NEW YORK, Feb. 19, 2024 /PRNewswire/ — The electric commercial vehicle market size is expected to grow by USD 166.58 billion between 2022 and 2027. However, the growth momentum of the market will be progressing at a CAGR of over 26.02% during the forecast period. The report recognizes the following as some of the key players in the electric commercial… Continue reading Some of the key players: AB Volvo, Anhui Jianghuai Automobile Group Co. Ltd., and BYD Co. Ltd. are expected to drive a USD 166.58 billion growth in the Electric Commercial Vehicle Market between 2022-2027

Mitsubishi acquires 32% stake in TVS Mobility; to forge USD 2 bn partnership

The deal, which is subject to regulatory approval, involves an initial investment of INR 300 crore for a 32% stake in TVS Mobility from Mitsubishi Corporation. New Delhi: In a strategic move, TVS Mobility, a prominent player in the Indian Automotive Distribution and Aftermarket Industry, has announced a Joint Venture with the Japanese conglomerate Mitsubishi… Continue reading Mitsubishi acquires 32% stake in TVS Mobility; to forge USD 2 bn partnership