Carmakers have been facing a supply crunch since the Chinese-owned but Netherlands-based Nexperia, which makes billions of simple but ubiquitous chips for cars, was seized by the Dutch government in late September. Sentiment in Germany’s beleaguered automotive sector improved considerably in October, although it remained clearly in negative territory, a survey showed on Wednesday. The… Continue reading German auto sector sentiment markedly improves in October, finds survey
Tag: Manufacturing
Mahindra’s BEV Margin Expands 260 bps in Q2, EBITDA Soars 82%
Mahindra & Mahindra Ltd (M&M) recorded a marked improvement in its battery electric vehicle (BEV) business during the July-September quarter, with its operating margin expanding by 260 basis points (bps) to 6.2%. The company also posted an earnings before interest, taxes, and depreciation of ₹202 crore, up 82% quarter-on-quarter, according to its investor presentation. The… Continue reading Mahindra’s BEV Margin Expands 260 bps in Q2, EBITDA Soars 82%
Nel ASA: Receives PEM purchase order from the HyFuel and Kaupanes hydrogen projects valued at more than USD 50 million
OSLO, Norway, Nov. 5, 2025 /PRNewswire/ — Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL), has received a firm purchase order from Kaupanes Hydrogen AS and HyFuel AS in Norway. Both are developed by Hydrogen Solutions AS (HYDS) in close collaboration with the respective project co-owners. Each project, both with a capacity… Continue reading Nel ASA: Receives PEM purchase order from the HyFuel and Kaupanes hydrogen projects valued at more than USD 50 million
Nel ASA: Receives PEM purchase order from the HyFuel and Kaupanes hydrogen projects valued at more than USD 50 million
OSLO, Norway, Nov. 5, 2025 /PRNewswire/ — Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL), has received a firm purchase order from Kaupanes Hydrogen AS and HyFuel AS in Norway. Both are developed by Hydrogen Solutions AS (HYDS) in close collaboration with the respective project co-owners. Each project, both with a capacity… Continue reading Nel ASA: Receives PEM purchase order from the HyFuel and Kaupanes hydrogen projects valued at more than USD 50 million
Meet Aranoa by Aranui Cruises, the Newest Way to Explore the Untouched Austral Islands
Aranui Cruises adds an exciting new ship to its fleet, sailing the untouched Austral Islands with its maiden voyage scheduled for March 2027. SAN MATEO, Calif., Nov. 5, 2025 /PRNewswire/ — For over 40 years, Aranui Cruises has inspired cultural immersion through the heart and soul of Polynesia by transporting passengers and freight on its renown… Continue reading Meet Aranoa by Aranui Cruises, the Newest Way to Explore the Untouched Austral Islands
Akamai Inference Cloud Gains Early Traction as AI Moves Out to the Edge
Organizations are putting the technology to work to improve response times and revenue, from live video intelligence to context-aware chatbots and AI-powered consumer products. CAMBRIDGE, Mass., Nov. 5, 2025 /PRNewswire/ — Akamai, the cybersecurity and cloud computing company that powers and protects business online, today said it is experiencing a surge in demand for Akamai Inference… Continue reading Akamai Inference Cloud Gains Early Traction as AI Moves Out to the Edge
A breath of fresh air – Fumex & Lesjöfors
Clean air meets clever engineering – that’s the story behind the partnership between Fumex, the Swedish expert in fume extraction, and Lesjöfors, one of the world’s leading spring manufacturers. Together, the two organizations are demonstrating how precision components and smart design can make workplaces cleaner, safer, and easier to work in. Smooth movement, solid reliability … Continue reading A breath of fresh air – Fumex & Lesjöfors
Magna Announces Renewal of Normal Course Issuer Bid
NCIB authorizes the discretionary repurchase of up to 25,300,000 Magna Common Shares, representing approximately 10% of Magna’s public float. NCIB takes effect on November 7, 2025, and terminates no later than November 6, 2026. AURORA, Ontario, Nov. 05, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) announces today the Toronto Stock Exchange’s… Continue reading Magna Announces Renewal of Normal Course Issuer Bid
XCMG renforce ses liens avec l’Amérique du Sud grâce à la localisation, à de nouveaux centres et à des partenariats pour une exploitation minière durable
POUSO ALEGRE, Brésil, 5 novembre 2025 /PRNewswire/ — Yang Dongsheng, président de XCMG Machinery, a rencontré le président brésilien Lula au palais présidentiel, en présence du vice-président et du chef de cabinet. Lula a fait l’éloge des contributions de XCMG depuis plus d’une décennie – modernisation industrielle, efficacité énergétique, transformation numérique et stabilité bancaire –… Continue reading XCMG renforce ses liens avec l’Amérique du Sud grâce à la localisation, à de nouveaux centres et à des partenariats pour une exploitation minière durable
Chinese EV maker Seres’ shares close unchanged in lacklustre Hong Kong debut
Shares of Seres Group fell on their debut in Hong Kong on Wednesday, the first US$1 billion IPO in the city this year not to register gains on the first day of trading. Seven other IPOs, including battery-maker Contemporary Amperex Technology (CATL), which raised US$5.3 billion in May, sizzled on debut. Trading under the stock… Continue reading Chinese EV maker Seres’ shares close unchanged in lacklustre Hong Kong debut