Mitsubishi Motors suffers 39% profit drop on weak Asia shipments

TOKYO — Mitsubishi Motors on Tuesday reported a 39% decrease in net profit on the year for the April-June quarter to 29.4 billion yen ($188 million), as shipments flagged in the crucial Southeast Asian market. The Japanese automaker underperformed market forecasts for the quarter, in part from higher marketing costs in North America amid cutthroat competition. Go to Source

Toyota Motor to launch $5.16b tender offer for own shares

Toyota Motor said on Tuesday it would launch an 807 billion yen ($5.16 billion) tender offer for its own shares. The buyback comes amid a governance push by the Tokyo Stock Exchange that has prompted major companies to unwind cross-shareholdings. The practice of companies holding shares in each other has long been seen as a… Continue reading Toyota Motor to launch $5.16b tender offer for own shares

Standard Motor Products Introduces 335 New Numbers

Key Takeaways – Fuel Injection is one of several engine system categories that see continued expansion – Standard® has introduced 25 new ABS Sensors and eight Park Assist Cameras for import and domestic vehicles – Four Seasons® has introduced new numbers in key categories like Hose Assemblies, Reman Compressors and Air Door Actuators NEW YORK, July 22,… Continue reading Standard Motor Products Introduces 335 New Numbers

Keynotes Announced for IEEE SustainTech Leadership Forum

LOS ALAMITOS, Calif., July 19, 2024 /PRNewswire/ — Today, the IEEE Computer Society (CS) announced keynotes for its upcoming IEEE SustainTech Leadership Forum. Taking place 27-28 August 2024 at the Hilton Bayfront in San Diego, Calif., U.S.A., the event will explore the latest environmentally friendly technologies to be applied in the built environment. Specifically, the conference will… Continue reading Keynotes Announced for IEEE SustainTech Leadership Forum

German FAZ: Tachograph 007301

Paris Auto Show with German BrandsGerman car manufacturers are returning to Paris: In addition to VW and Audi, BMW also wants to be represented at the auto show in the fall (October 14th to 20th), as “Automotive News” reports. Another strong-selling brand, Skoda, is making a comeback. Other participants include the French brands Citroen, DS,… Continue reading German FAZ: Tachograph 007301

Gas Turbines For Power Industry Market size is set to grow by USD 2.55 billion from 2024-2028, Growth of distributed power generation base boost the market, Technavio

NEW YORK, July 18, 2024 /PRNewswire/ — The global gas turbines for power industry market size is estimated to grow by USD 2.55 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 2.31%  during the forecast period. Growth of distributed power generation base is driving market growth, with a trend… Continue reading Gas Turbines For Power Industry Market size is set to grow by USD 2.55 billion from 2024-2028, Growth of distributed power generation base boost the market, Technavio

Methanol Market size is set to grow by USD 6.3 billion from 2024-2028, Rising demand for formaldehyde and its derivatives boost the market, Technavio

NEW YORK, July 18, 2024 /PRNewswire/ — The global methanol market size is estimated to grow by USD 6.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 3.32%  during the forecast period. Rising demand for formaldehyde and its derivatives is driving market growth, with a trend towards increasing demand for… Continue reading Methanol Market size is set to grow by USD 6.3 billion from 2024-2028, Rising demand for formaldehyde and its derivatives boost the market, Technavio

2024 MITSUBISHI OUTLANDER HAS YOUR BACK WITH A HOST OF SAFETY FEATURES

Standard and optional safety features underscore the brand’s commitment to pedestrian and occupant protection According to IIHS, one of the only vehicles in its segment with rear Automatic Emergency Braking as standard equipment; every Outlander also fitted with Blind Spot Warning with Lane Change Assist, Forward Collision Mitigation with Pedestrian Detection, and more as standard… Continue reading 2024 MITSUBISHI OUTLANDER HAS YOUR BACK WITH A HOST OF SAFETY FEATURES

@Renault: Renault Group: Philippe Krief appointed Chief Technology Officer of Renault Group000636

PRESS RELEASEJuly 17, 2024 PHILIPPE KRIEF APPOINTED CHIEF TECHNOLOGY OFFICER OF RENAULT GROUP From September 1, 2024, Philippe Krief will take on the position of Renault Group Chief Technology Officer (CTO), succeeding Gilles Le Borgne. His objective: to position Renault Group at the forefront of innovation, offering products and technologies that are ahead of the… Continue reading @Renault: Renault Group: Philippe Krief appointed Chief Technology Officer of Renault Group000636

@Renault: Renault Group : Philippe Krief est nommé Chief Technology Officer de Renault Group000635

PRESS RELEASE17 Juillet 2024 PHILIPPE KRIEF EST NOMMÉ CHIEF TECHNOLOGY OFFICER DE RENAULT GROUP À partir du 1er septembre 2024, Philippe Krief prendra le poste de Chief Technology Officer de Renault Group (CTO) pour succéder à Gilles Le Borgne. Son objectif : positionner Renault Group à la pointe de l’innovation, proposer des produits et technologies en… Continue reading @Renault: Renault Group : Philippe Krief est nommé Chief Technology Officer de Renault Group000635