New Delhi: Mahindra & Mahindra Ltd. (M&M Ltd.) today announced that its overall auto sales for the month of July 2022 stood at 56,148 vehicles. According to Veejay Nakra, President, Automotive Division, M&M Ltd., “We continued our strong performance with sales of 27854 SUVs in July, registering a growth of 34% fuelled by robust demand… Continue reading M&M sells 56,148 vehicles including 27854 SUVs in July 2022
Tag: Mobility
Over 32,000 tech workers fired in US, more than 11,000 in India till July
More than 32,000 tech workers have been laid off in the US till July, including at Big Tech companies like Microsoft and Meta (formerly Facebook) and the worst has not been over yet for the tech sector that has seen massive stock sell-off. According to the data compiled by Crunchbase, more than 32,000 workers in… Continue reading Over 32,000 tech workers fired in US, more than 11,000 in India till July
Hero Electric gains No.1 spot for July sales
Hero Electric has emerged as the number one EV two-wheeler Company in India for July 2022, clocking 30 percent higher from its June numbers to unseat Okinawa that topped the June Two-wheeler sales tally. This is based on the numbers put out on the Vahaan database. According to the database, Ola Electric and Ather saw their… Continue reading Hero Electric gains No.1 spot for July sales
Blue Cross Blue Shield of Massachusetts Sponsors Free Bluebikes Adventure Passes Every Monday in August
Riders can enjoy complimentary passes as part of “Mindful Mondays” throughout National Wellness Month, courtesy of Blue Cross BOSTON, Aug. 1, 2022 /PRNewswire/ — In recognition of National Wellness Month, Blue Cross Blue Shield of Massachusetts (“Blue Cross”) is sponsoring free Bluebikes Adventure Passes each Monday in August, beginning August 1, as part of its… Continue reading Blue Cross Blue Shield of Massachusetts Sponsors Free Bluebikes Adventure Passes Every Monday in August
Valvoline Announces Agreement for Sale of Global Products Business for $2.65 Billion in Cash
Reports Preliminary Financial Results for Fiscal Third Quarter 2022 Transaction will successfully complete separation of Global Products and Retail Services businesses transforming Valvoline into a pure-play automotive service provider with targeted 20%+ earnings per share (EPS) growth Valvoline to capitalize on highly compelling growth opportunities, while accelerating Retail Services evolution as hybrid and electric vehicle… Continue reading Valvoline Announces Agreement for Sale of Global Products Business for $2.65 Billion in Cash
SNCF AND DWS BEGIN EXCLUSIVE NEGOTIATIONS WITH CDPQ ON THE PROPOSED SALE OF AKIEM
PARIS, FRANKFORT and MONTRÉAL, Aug. 1, 2022 /PRNewswire/ – Following a competitive auction process, Akiem shareholders have agreed to enter into exclusive negotiations with CDPQ on the proposed sale of Akiem, a leading provider of freight locomotive leasing services in France and Europe. With revenues of nearly EUR 220 million, EBITDA of around EUR 150 million in 2021,… Continue reading SNCF AND DWS BEGIN EXCLUSIVE NEGOTIATIONS WITH CDPQ ON THE PROPOSED SALE OF AKIEM
Swvl Adds a New Key Partner, City Group, the Leading Mass Transit Operator in Kuwait, to its SaaS Offering
NEW YORK, Aug. 1, 2022 /PRNewswire/ — Swvl Inc. (“Swvl” or the “Company”) (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced its entry into a strategic partnership with City Group Co. KSCP (“City Group”), a leading transport operator and warehousing services provider, through which City Group will utilize Swvl’s Software… Continue reading Swvl Adds a New Key Partner, City Group, the Leading Mass Transit Operator in Kuwait, to its SaaS Offering
Global Automotive Plastics Market Boosted by the Need to Minimize CO2 Emissions
The global automotive sector will inflate the demand for sustainability targets to minimize CO2 emissions in the next 3–5 years, says Frost & Sullivan SAN ANTONIO, Aug. 1, 2022 /PRNewswire/ — For every kilogram reduced from a vehicle’s weight, plastics reduce a car’s carbon dioxide (CO2) emissions by approximately 20 kg during its operating life… Continue reading Global Automotive Plastics Market Boosted by the Need to Minimize CO2 Emissions
Ola Electric suspends manufacturing
Ola Electric has denied reports doing the rounds that it has temporarily paused its manufacturing at its sprawling 500 acres, 10 million-unit facility Krishnagiri near Bengaluru and plans to rationalise staff due to a pile-up of inventory of about 4,000 scooters. An Ola Company spokesperson said the staff trimming is “routine” and that like other automakers,… Continue reading Ola Electric suspends manufacturing
@niche: 7 Electric Vehicle Stocks to Sell Now002056
Electric vehicle stocks have become very popular among investors, as they seem to be the future of mobility. All major automotive manufacturers either already have EVs in their line of models or invested in new electric vehicles. The European Union has decided that as of 2035 to ban all sales of new cars with combustion… Continue reading @niche: 7 Electric Vehicle Stocks to Sell Now002056