Tag: Volvo

Volvo Group Capital Markets Day – Gearing up for growth

GOTHENBURG, Sweden, Nov. 14, 2024 /PRNewswire/ — Today, November 14, 2024, the Volvo Group held its Capital Markets Day at the Volvo Trucks Customer Center in New River Valley, Virginia, USA. At the event, President and CEO Martin Lundstedt together with Group Management presented the strategic direction to improve the Group’s performance and to strengthen earnings… Continue reading Volvo Group Capital Markets Day – Gearing up for growth

Automotive Grade Linux Launches New Expert Group Led by Toyota to Help Automakers Manage Open Source Activities

New Open Source Program Office Expert Group enables automakers and suppliers to share best practices, making it easier for engineers across the industry to contribute to open source software SAN FRANCISCO, Nov. 14, 2024 /PRNewswire/ — Automotive Grade Linux (AGL), a collaborative cross-industry effort developing an open source platform for Software-Defined Vehicles (SDVs), has created a… Continue reading Automotive Grade Linux Launches New Expert Group Led by Toyota to Help Automakers Manage Open Source Activities

Mushin Innovative Labs raises Rs 2 Cr in Seed Funding Led by inflection point ventures

Mushin Innovative Labs has raised Rs 2cr in a Seed Series funding round led by Inflection Point Ventures. Mushin plans to use the funds to expand its sales and marketing efforts, accelerate research and development, and drive product innovation. This focus aims to help the company enhance its market presence, improve its product offerings, and… Continue reading Mushin Innovative Labs raises Rs 2 Cr in Seed Funding Led by inflection point ventures

Audi India begins bookings for New Q7 SUV ahead of November launch

Audi India has announced the opening of bookings for its new Audi Q7 model, available with an initial booking fee of INR 2,00,000. Customers can reserve their vehicle through the Audi India website or the ‘myAudi connect’ app. The Audi Q7, locally assembled at the SAVWIPL plant in Aurangabad, is scheduled for its official launch… Continue reading Audi India begins bookings for New Q7 SUV ahead of November launch

Eicher Motors Q2FY25 earnings: Consol net profit grows 8% on year

Eicher Motors Ltd on Wednesday posted 8% growth in its net profit for the second quarter on a year-on-year basis despite weakness in Royal Enfield sales volumes. The company clocked a net profit of Rs 1,100.3 crore as consolidated net profit for the quarter, up from Rs 1,016.3 crore in the year-ago period. Eicher Motors… Continue reading Eicher Motors Q2FY25 earnings: Consol net profit grows 8% on year

Eicher Motors Q2FY25 earnings: Consol net profit grows 8% on year

Eicher Motors Ltd on Wednesday posted 8% growth in its net profit for the second quarter on a year-on-year basis despite weakness in Royal Enfield sales volumes. The company clocked a net profit of Rs 1,100.3 crore as consolidated net profit for the quarter, up from Rs 1,016.3 crore in the year-ago period. Eicher Motors… Continue reading Eicher Motors Q2FY25 earnings: Consol net profit grows 8% on year

Volvo ES90: BMW i5 rival lands in March to kickstart EV onslaught

Volvo is gearing up to launch the ES90 as its first electric saloon early next year – and it will serve as a premium flagship for the firm’s next wave of five advanced EV models. The new BMW i5 and Mercedes-Benz EQE rival is a sibling model to the combustion-engined S90 and will be revealed… Continue reading Volvo ES90: BMW i5 rival lands in March to kickstart EV onslaught