Understanding the legalities of Minda Corporation’s attempt to acquire additional stake in Pricol

The Indian automotive industry has been abuzz with news of Minda Corporation’s recent decision to acquire a 15.7% stake worth Rs 400 crore in rival Pricol Ltd. While Minda initially brushed off the move as putting extra money to good use, the market speculated it as a hostile takeover. Pricol’s top management promptly responded by… Continue reading Understanding the legalities of Minda Corporation’s attempt to acquire additional stake in Pricol

Europa Wire: Volkswagen, Skoda, SEAT/CUPRA, and Volkswagen Commercial Vehicles report positive Q1 performance 000617

Volkswagen, Skoda, SEAT/CUPRA, and Volkswagen Commercial Vehicles report positive Q1 performance (IN BRIEF) Volkswagen Group’s volume brands, Volkswagen, Škoda, SEAT/CUPRA, and Volkswagen Commercial Vehicles, have published a quarterly report for the first time, showing their positive performance in the first quarter of 2023. The report reflects a doubling of operating profit before special items, a… Continue reading Europa Wire: Volkswagen, Skoda, SEAT/CUPRA, and Volkswagen Commercial Vehicles report positive Q1 performance 000617

Smart motorway ban: campaigners want hard shoulders reinstated

The AA is leading calls for all-lane running ‘smart motorways’ to be scrapped and hard shoulders restored, following the government’s announcement last week that no new schemes would be built. While the government’s decision has been called a ‘victory for common sense’ and follows years of protest from drivers’ groups, it doesn’t affect the existing… Continue reading Smart motorway ban: campaigners want hard shoulders reinstated

California Mille Celebrates 32 Years of Epic Scenery, Comradery and Driving

67 classic sports and racing cars took to the scenic California hills to celebrate driving and car culture over the course of five days and 1,000 miles TRAVERSE CITY, Mich., May 8, 2023 /PRNewswire/ — The California Mille, a 1,000-mile driving tour through the hills of Central and Northern California, celebrated its 32nd running April… Continue reading California Mille Celebrates 32 Years of Epic Scenery, Comradery and Driving

Global Bag Filter Market Report 2023: Growth in Coal-fired Generation Fuels the Sector

DUBLIN, May 8, 2023 /PRNewswire/ —  The “Bag Filter Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. This report provides strategists, marketers and senior management with the critical information they need to assess the market.  The global bag filter market is expected to grow from $7.65 billion in 2022 to $8.06 billion… Continue reading Global Bag Filter Market Report 2023: Growth in Coal-fired Generation Fuels the Sector

Analysis: Battle for China’s electric SUV market heats up at home and abroad

SHANGHAI, May 8 (Reuters) – China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc (TSLA.O) and BYD (002594.SZ), . The market, crowded with more than 90 models, is about to get even tighter with at… Continue reading Analysis: Battle for China’s electric SUV market heats up at home and abroad

Will a price war accelerate the switch to electric cars?

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Will a price war accelerate the switch to electric cars?

Europa Wire: Royal Australian Navy selects Rheinmetall’s MASS for ship protection000615

Royal Australian Navy selects Rheinmetall’s MASS for ship protection (IN BRIEF) Rheinmetall has secured a €125 million order from the Royal Australian Navy and the Commonwealth of Australia for the Multi Ammunition Softkill System (MASS), which will initially be used to equip Hobart-class destroyers and ANZAC-class frigates. The first systems will be delivered by the… Continue reading Europa Wire: Royal Australian Navy selects Rheinmetall’s MASS for ship protection000615

It Might Not Be A Great Idea To Buy Dana Incorporated (NYSE:DAN) For Its Next Dividend

It looks like Dana Incorporated (NYSE:DAN) is about to go ex-dividend in the next four days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company’s books as a shareholder in order to receive the dividend.… Continue reading It Might Not Be A Great Idea To Buy Dana Incorporated (NYSE:DAN) For Its Next Dividend

VanMoof S5 e-bike review: nice but twice the price

$4,000 and a long list of features, but how many do you really need? “Sometimes you have to kill your darlings,” is a phrase used by designers to justify the removal of elements they find personally exciting but fail to add value. The last time I heard it was in April, 2022, when I rode… Continue reading VanMoof S5 e-bike review: nice but twice the price