Voith Turbo Introduces Mechatronic Retarder Control Unit for Safer and More Efficient Braking in Commercial Vehicles (IN BRIEF) Voith Turbo has been continuously developing its hydrodynamic retarder system for more than 50 years, providing wear-free braking for commercial vehicles. The company has now introduced the Mechatronic Retarder Control Unit (MRCU) as a new standard feature… Continue reading Europa Wire: Voith Turbo Introduces Mechatronic Retarder Control Unit for Safer and More Efficient Braking in Commercial Vehicles000706
Tag: Financial Results
Vingroup’s plans to overtake Tesla fail to pick up speed
Vietnamese conglomerate Vingroup has made a big bet on the global shift to electric vehicles. But its EV business has struggled to take off, bogged down by a domestic market slow to embrace electrification and a troubled rollout in the US market. VinFast, the group’s EV arm, boasts a cutting-edge production facility on Cat Hai… Continue reading Vingroup’s plans to overtake Tesla fail to pick up speed
Asset Management Market to Reach $8.3 Trillion, Globally, by 2032 at 36.5% CAGR: Allied Market Research
The global asset management market is driven by rise in need for optimum utilization of assets and rising adoption of cloud-based IT asset management solution. PORTLAND, Ore., Aug. 2, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Asset management HYPERLINK “https://www.alliedmarketresearch.com/asset-management-market-A06192” Market by component (Solution, and Service), Asset type (Digital asset, Returnable Transport Assets,… Continue reading Asset Management Market to Reach $8.3 Trillion, Globally, by 2032 at 36.5% CAGR: Allied Market Research
Change in Kamux’s Group Management Team
HAMEENLINNA, Finland, Aug. 2, 2023 /PRNewswire/ — Kerim Nielsen, Country Director for Sweden and member of the Group Management Team, has decided to pursue a career opportunity outside of Kamux Corporation in early 2024. He will continue in his current position at least until December 31, 2023. The recruitment process for his successor will be… Continue reading Change in Kamux’s Group Management Team
China Automotive Systems to Announce Unaudited 2023 Second Quarter Financial Results on August 11, 2023
WUHAN, China, Aug. 3, 2023 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2023 on Friday, August 11, 2023, before the market opens. Management will conduct… Continue reading China Automotive Systems to Announce Unaudited 2023 Second Quarter Financial Results on August 11, 2023
Golden Heaven Group Holdings Ltd. Announces Financial Results for the First Half of Fiscal Year 2023
NANPING, China, Aug. 3, 2023 /PRNewswire/ — Golden Heaven Group Holdings Ltd. (“Golden Heaven” or the “Company”) (Nasdaq: GDHG) is an offshore holding company incorporated in the Cayman Islands with no material operations of its own. Through its Chinese operating entities, the Company manages and operates six properties consisting of amusement parks, water parks and… Continue reading Golden Heaven Group Holdings Ltd. Announces Financial Results for the First Half of Fiscal Year 2023
Wesco International Reports Record Second Quarter 2023 Results
Net sales a record $5.7 billion, up 5% YOY Organic sales growth of 3% YOY Operating profit of $364 million; operating margin of 6.3% Adjusted EBITDA of $442 million, flat YOY; adjusted EBITDA margin of 7.7% Gross margin of 21.6%, down 10 basis points YOY Earnings per diluted share of $3.41 Adjusted earnings per diluted… Continue reading Wesco International Reports Record Second Quarter 2023 Results
European Corporate Light Vehicle Leasing Market: Disruptions to the Supply Chain Brought About by Geopolitical Chaos are Leading to New Strategies and Diversifications in Product Offerings
DUBLIN, Aug. 3, 2023 /PRNewswire/ — The “Growth Opportunities in European Corporate Light Vehicle Leasing Market by Fleet Size” report has been added to ResearchAndMarkets.com’s offering. This study examines the European corporate light vehicle leasing market across the passenger vehicle (PV) and light commercial vehicle (LCV) segments. Vehicle leasing solves several challenges associated with an organization’s… Continue reading European Corporate Light Vehicle Leasing Market: Disruptions to the Supply Chain Brought About by Geopolitical Chaos are Leading to New Strategies and Diversifications in Product Offerings
Transport service provider: Uber creates first operating profit
Since it was founded in 2009, Uber has always made operating losses. Now the travel agent wants to make a profit on a permanent basis. (Above, stock exchange) Go to Source
LG TO SHARE FUTURE VISION FOR ON-THE-ROAD EXPERIENCES AT IAA MOBILITY 2023
Company Aims to Outline Its Vision for Future Mobility at First-Ever Press Conference in Munich, Germany SEOUL, South Korea, Aug. 2, 2023 /PRNewswire/ — LG Electronics (LG) announced today that it will unveil its vision for the future of mobility at IAA Mobility 2023 in Munich, Germany. On September 4, the day before IAA Mobility (September… Continue reading LG TO SHARE FUTURE VISION FOR ON-THE-ROAD EXPERIENCES AT IAA MOBILITY 2023