CHICAGO, Jan. 30, 2025 /PRNewswire/ — Roadster Salon the premier restorer and modifier of Fiat Spiders in North America has broken the record for the highest auction price online for a Spider. With clients around the globe, they feature turn-key versions of the Spider in a range of configurations and price points. Projects can be… Continue reading Roadster Salon Breaks Record for Highest Fiat Sale
Tag: Contract Manufacturer
Magna opens vehicle parts manufacturing facility in Maharashtra
Global automotive supplier Magna has opened a manufacturing facility in Chakan, Maharashtra, to produce latches and mirrors for carmakers in western India. The 65,000 sq. ft. plant is expected to create over 300 jobs in the next three years. Jeff Hunt, President of Magna MML (Mechatronics, Mirrors, and Lighting), inaugurated the facility on Wednesday through… Continue reading Magna opens vehicle parts manufacturing facility in Maharashtra
SuperCom Wins New Multi-Year National Contract with Government of Nordic European Country
TEL AVIV, Israel, Jan. 29, 2025 /PRNewswire/ — SuperCom (Nasdaq: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has won a new multi-year national contract with the government of a Nordic European country. Under this contract, SuperCom will develop, deliver, and maintain a new national… Continue reading SuperCom Wins New Multi-Year National Contract with Government of Nordic European Country
Automotive Engineering Service Providers Market to grow by USD 12.09 Billion (2025-2029), driven by digitization and electrification of automobiles, report with AI impact on market trends – Technavio
NEW YORK, Jan. 28, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global automotive engineering service providers (ESP) market size is estimated to grow by USD 12.09 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 9.8% during the forecast period. Increasing digitization and… Continue reading Automotive Engineering Service Providers Market to grow by USD 12.09 Billion (2025-2029), driven by digitization and electrification of automobiles, report with AI impact on market trends – Technavio
Magna upgraded by RBC on improving macro trends, EV recovery optimism
Investing.com — Magna International Inc (TSX:MG) got an upgrade to “Outperform” from “Sector Perform” at RBC Capital Markets given an improved U.S. macroeconomic conditions, better dealer inventories, and a likely rebound in electric vehicle demand in 2025. RBC raised its price target for the Canadian auto parts manufacturer to $52 from $41. A stronger December… Continue reading Magna upgraded by RBC on improving macro trends, EV recovery optimism
Magna International Upgraded to Outperform at RBC
Magna International Inc. (MG.TO, MGA) was upgraded to Outperform from Sector Perform at RBC Capital Go to Source
Eka Mobility charts global electric vehicle expansion
Eka Mobility, an emerging electric vehicle manufacturer, is poised to enter international markets with 11 new platforms targeting electric buses, trucks, and small commercial vehicles. The company aims to expand into Africa, the Middle East, and Southeast Asia, leveraging strategic partnerships with Mitsui & Co. and VDL Groep. The company’s growth strategy involves developing region-specific… Continue reading Eka Mobility charts global electric vehicle expansion
Tata acquires second iPhone maker, Pegatron, boosts EMS play
In a move that further solidifies its ambitions in the global electronics manufacturing sector, Tata Electronics Private Limited (“TEPL”) announced today the acquisition of a controlling 60% stake in Pegatron Technology India Private Ltd (“PTI”), a contract manufacturer of iPhones in India. This landmark acquisition marks Tata Electronics’ second major foray into iPhone assembly in… Continue reading Tata acquires second iPhone maker, Pegatron, boosts EMS play
The Demise of DEI: A New Dawn for Black Economic Autonomy with the Inauguration of Black Business Enterprise (BBE) Certification, Echoing Booker T. Washington’s Legacy
The National Business League Secures Historic USPTO Federal Trademark for Black Business Enterprise (BBE), Revolutionizing Economic Equity and Sovereignty for Black Entrepreneurs Globally TUSKEGEE, Ala., Jan. 23, 2025 /PRNewswire/ — More than six decades or 61 years after the Civil Rights Act of 1964, Black communities remain tethered to systemic inequities. Today, the National Business… Continue reading The Demise of DEI: A New Dawn for Black Economic Autonomy with the Inauguration of Black Business Enterprise (BBE) Certification, Echoing Booker T. Washington’s Legacy
The short but vibrant life of Britain’s Pininfarina
Somewhere in the Sussex town of Worthing sits a grey business estate, the likes of which can be found anywhere in the country. Yet it was right here that many of the beloved cars and wild motor show concepts of the 1980s and 1990s were designed by a creative agency the equal of Italy’s iconic… Continue reading The short but vibrant life of Britain’s Pininfarina