STOCKHOLM, July 21, 2023 /PRNewswire/ — (NYSE: ALV) (SSE: ALIV.sdb) Q2 2023: Record second quarter sales Financial highlights Q2 2023 $2,635 million net sales 27% net sales increase 27% organic sales increase* 3.6% operating margin 8.0% adjusted operating margin* $0.61 EPS, 32% decrease $1.93 adjusted EPS*, 115% increase Full year 2023 indications Around 15% organic sales… Continue reading Autoliv: Financial Report April – June 2023
Tag: Financial Results
Autoliv: Financial Report April – June 2023
STOCKHOLM, July 21, 2023 /PRNewswire/ — (NYSE: ALV) (SSE: ALIV.sdb) Q2 2023: Record second quarter sales Financial highlights Q2 2023 $2,635 million net sales 27% net sales increase 27% organic sales increase* 3.6% operating margin 8.0% adjusted operating margin* $0.61 EPS, 32% decrease $1.93 adjusted EPS*, 115% increase Full year 2023 indications Around 15% organic sales… Continue reading Autoliv: Financial Report April – June 2023
UAW seeks Washington backing to pressure Detroit Three automakers in labor talks
WASHINGTON, July 21 (Reuters) – United Auto Workers President Shawn Fain has made winning the support of Washington a key part of the union’s strategy to nail down new labor deals with the Detroit Three automakers. Part of that approach includes a decision by the UAW to hold off on endorsing U.S. President Joe Biden’s… Continue reading UAW seeks Washington backing to pressure Detroit Three automakers in labor talks
Europa Wire: Hiab Introduces HiSkill: A Revolutionary Training Simulator for Knuckle Boom Crane Operations000693
Hiab Introduces HiSkill: A Revolutionary Training Simulator for Knuckle Boom Crane Operations (IN BRIEF) Hiab, a subsidiary of Cargotec, has launched HiSkill, a cost-effective training simulator designed to enhance the safety and efficiency of knuckle boom crane operations. HiSkill utilizes virtual reality (VR) technology to create a realistic and secure learning environment for crane operators.… Continue reading Europa Wire: Hiab Introduces HiSkill: A Revolutionary Training Simulator for Knuckle Boom Crane Operations000693
German Manager Magazin: Audi: Car manufacturer relies on partners SAIC and FAW002614 for new electric cars in China
The Volkswagen-Daughter Audi is negotiating with the Chinese joint venture partner SAIC about a joint development of electric cars. SAIC chief engineer Zu Sijie told reporters on Thursday that his company has reached an agreement with Audi to jointly accelerate the development of electric cars. He did not give details. Audi explained that it is… Continue reading German Manager Magazin: Audi: Car manufacturer relies on partners SAIC and FAW002614 for new electric cars in China
Travelier Achieves 150% Growth Between H1 2022 and H1 2023
The groups’ expansion will be key to redefining the ground transportation sector TEL AVIV, Israel, July 19, 2023 /PRNewswire/ — Travelier (formerly Bookaway Group), a travel-tech company digitizing land and sea transportation around the world, today announced an overall growth of 150% between H1 2022 and H1 2023. Attributing the success to global cross brand inventory-sharing… Continue reading Travelier Achieves 150% Growth Between H1 2022 and H1 2023
Kuwait Airways Partners with Plusgrade to Give Passengers Unprecedented Access to Cabin Upgrades and More Ways to Acquire Oasis Club Miles
The multi-year partnership gives passengers access to the “Just Upgrade” service, allowing passengers to enjoy an upgraded cabin experience, and gain access to premium luxury services. Oasis Club Loyalty Program members will also enjoy more benefits, like the option to buy miles. Plusgrade continues to expand its international footprint by partnering with Kuwait Airways, and… Continue reading Kuwait Airways Partners with Plusgrade to Give Passengers Unprecedented Access to Cabin Upgrades and More Ways to Acquire Oasis Club Miles
Accor accelerates in Japan with agreement to operate 23 properties
ACCOR SIGNS MILESTONE AGREEMENT WITH EBISU RESORT LLC, WITH 23 PROPERTIES SET TO JOIN THE GROUP’S HOTEL NETWORK BY Q2 2024 PARIS, July 21, 2023 /PRNewswire/ — Accor’s presence in Japan is set to double while hotel openings gain momentum throughout the region. With travel and tourism surging once again on a global scale, countries… Continue reading Accor accelerates in Japan with agreement to operate 23 properties
Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 21, 2023 /PRNewswire/ — Automotive seat market is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period, according to a new report by MarketsandMarkets™. The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating… Continue reading Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™
Ashok Leyland Q1 standalone profit jumps over 7 times at Rs 576 crore
The Chennai-based commercial vehicle major Ashok Leyland reported a 747 percent year-on-year (YoY) jump in its standalone net profit for the first quarter ended June, at Rs 576.42 crore as against Rs 68 crore in the same period last year. Meanwhile, the company’s standalone revenue for the quarter also rose to Rs 8,189 crore as… Continue reading Ashok Leyland Q1 standalone profit jumps over 7 times at Rs 576 crore