Tag: Mobility

United Kingdom Car Rental Markets Report 2022-2027 Featuring Major Players – Lex Autolease, Alphabet, Enterprise, LeasePlan, Europcar Avis, Hertz, Sixt, Dollar Rent A Car, & Green Motion

DUBLIN, July 29, 2022 /PRNewswire/ — The “United Kingdom Car Rental Market, By Vehicle Type (Economy, Executive, Luxury), By Channel (Online, Offline), By Type (Self Driven, Chauffer Driven), By End Use (Local, Airport, Outstation), By Region, Competition Forecast & Opportunities, 2017-2027” report has been added to ResearchAndMarkets.com’s offering. United Kingdom car rental market is projected to… Continue reading United Kingdom Car Rental Markets Report 2022-2027 Featuring Major Players – Lex Autolease, Alphabet, Enterprise, LeasePlan, Europcar Avis, Hertz, Sixt, Dollar Rent A Car, & Green Motion

Blue Origin’s next crewed spaceflight is scheduled for August 4th

Blue Origin has revealed when New Shepard’s sixth crewed flight will take place. The NS-22 mission (New Shepard’s 22nd launch overall) is set for August 4th, which is two months to the day after its previous spaceflight. The launch window opens at 9:30AM ET. The company recently announced the passengers who will travel to the… Continue reading Blue Origin’s next crewed spaceflight is scheduled for August 4th

UPDATE 3-Toyota supplier Denso’s Q1 profit tumbles 41%, misses view

(Recasts lede. Adds details from a news conference.) TOKYO, July 29 (Reuters) – Japan’s Denso Corp, a major supplier to Toyota Motor Corp, lowered its operating profit forecast for the current business year by 14%, expecting automakers to undershoot production plans. The company, which specialises in vehicle air conditioning, power trains and automated driving systems,… Continue reading UPDATE 3-Toyota supplier Denso’s Q1 profit tumbles 41%, misses view

Toyota supplier Denso’s Q1 profit tumbles 41%, misses view

TOKYO (Reuters) -Japan’s Denso Corp, a major supplier to Toyota Motor Corp, lowered its operating profit forecast for the current business year by 14%, expecting automakers to undershoot production plans. The company, which specialises in vehicle air conditioning, power trains and automated driving systems, lowered its operating profit forecast to 480 billion yen ($3.61 billion)… Continue reading Toyota supplier Denso’s Q1 profit tumbles 41%, misses view

HELLA’S ANNOUNCED DIVESTMENT OF ITS 33% STAKE IN THE JOINT-VENTURE HBPO FOR €290 MILLION MARKS A FIRST SIGNIFICANT STEP IN FORVIA’S TOTAL DIVESTMENT PROGRAM OF 1 BILLION EUROS BY 2023

FAURECIA Nanterre (France), July 28th, 2022 HELLA’S ANNOUNCED DIVESTMENT OF ITS 33% STAKE IN THE JOINT-VENTURE HBPO FOR €290 MILLION MARKS A FIRST SIGNIFICANT STEP IN FORVIA’S TOTAL DIVESTMENT PROGRAM OF 1 BILLION EUROS BY 2023 HELLA, company of the FORVIA Group, announced today that it has agreed the sale of its 33.33% stake in… Continue reading HELLA’S ANNOUNCED DIVESTMENT OF ITS 33% STAKE IN THE JOINT-VENTURE HBPO FOR €290 MILLION MARKS A FIRST SIGNIFICANT STEP IN FORVIA’S TOTAL DIVESTMENT PROGRAM OF 1 BILLION EUROS BY 2023

Polymath Robotics launches plug-and-play autonomy software for any industrial vehicle

“Robots suck.” It’s a bold declaration for a startup founder aiming to work with robots — or more accurately, the software that helps turn a tractor, tiller or forklift into an automated vehicle. But Stefan Seltz-Axmacher, who previously founded and led the now shuttered autonomous vehicle startup Starsky Robotics, is trying to make a point.… Continue reading Polymath Robotics launches plug-and-play autonomy software for any industrial vehicle

Canyon Bicycles Attracts Strategic Investment from LRMR Ventures and SC Holdings

The strategic investments of LRMR Ventures and SC Holdings, as well as the appointment of Robert Kyncl as Board Director, will help expand Canyon’s US presence KOBLENZ, Germany, July 29, 2022 /PRNewswire/ — Canyon Bicycles GmbH (“Canyon”), world-leading direct-to-consumer manufacturer of premium bikes in Koblenz, Germany, announces a strategic equity investment led by LRMR Ventures,… Continue reading Canyon Bicycles Attracts Strategic Investment from LRMR Ventures and SC Holdings

Mahindra Racing to power ABT Sportsline’s return to Formula E World Championship

After eight years of competing at the highest level, Mahindra Racing has announced its first customer racing programme. The Indian team, which has been net carbon zero since inception, has committed to providing the powertrain to FIA ABB Formula E World Championship-winning team ABT Sportsline for its return to the all-electric racing series. From 2023,… Continue reading Mahindra Racing to power ABT Sportsline’s return to Formula E World Championship

Ashok Leyland’s strong domestic and export sales drive 145% revenue growth in Q1

Growing demand for medium and heavy commercial vehicles (M&HCVs) as well as light commercial vehicles (LCVs) have powered Chennai-based Ashok Leyland’s robust performance in the first three months of the ongoing fiscal year. Importantly, the growth has come across both domestic and export markets. The CV major has reported a 145% increase in YoY quarter… Continue reading Ashok Leyland’s strong domestic and export sales drive 145% revenue growth in Q1