TransDigm Group Reports Fiscal 2023 Third Quarter Results

CLEVELAND, Aug. 8, 2023 /PRNewswire/ — TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the third quarter ended July 1, 2023. Third quarter highlights include: Net sales of $1,744 million, up 25% from $1,398 million in the prior year’s quarter; Income from continuing… Continue reading TransDigm Group Reports Fiscal 2023 Third Quarter Results

Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline

DUBAI, UAE, Aug. 8, 2023 /PRNewswire/ — Beond, the world’s first premium leisure airline, is pleased to announce the successful completion of over US$17M Seed Round from a group of esteemed investors. The round was oversubscribed, reflecting the strong confidence and belief in Beond’s vision and potential. Participants included family offices, angel investors, and strategic… Continue reading Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline

America’s Critical Infrastructure and Shift to Clean Energy a Matter of National Security?

How Local Inverter-Based Resource Development Has Become More Critical Than Ever. MIAMI, Aug. 8, 2023 /PRNewswire/ — At the heart of America’s rapid transition toward renewable energy lie two unassuming heroes: High Power Converters and Inverters – and one U.S.-based expert in the field, AmePower, has been a driving force behind this technology. These critical… Continue reading America’s Critical Infrastructure and Shift to Clean Energy a Matter of National Security?

Hyundai and Kia target sales of 873,000 units in India in CY2023

In what is a reflection of India’s growing stature in the global scheme of things for the Hyundai Motor Group, Hyundai Motor Group Executive Chairman Euisun Chung visited India on August 7-8 to review the Korean automaker’s strategy which lays the foundation for its future growth in the Indian market. India, which is one of… Continue reading Hyundai and Kia target sales of 873,000 units in India in CY2023

Reaching The Finish Line Of The EV Race Is A Daunting Task, One That Some Won’t Be Able To Accomplish

For all those who are not Tesla Inc (NASDAQ: TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales skyrocketed 65% last year while automotive sales contracted 8%, the EV adoption is everything but fast as… Continue reading Reaching The Finish Line Of The EV Race Is A Daunting Task, One That Some Won’t Be Able To Accomplish

STRADVISION COO Sunny Lee Emphasizes the Scalability and Flexibility of Software for Automotive at the 1st Korea-China Development Forum on Engineering Sciences

–      Themed AI Technology and Application SEOUL, South Korea, Aug. 8, 2023 /PRNewswire/ — To share technology status and strategies for areas of common interest between Korea and China, deepen cooperation network among engineering leaders in both countries and deliver strategy and insight to become a world-class technology powerhouse, The National Academy of Engineering of… Continue reading STRADVISION COO Sunny Lee Emphasizes the Scalability and Flexibility of Software for Automotive at the 1st Korea-China Development Forum on Engineering Sciences

@Hyundai: Hyundai Motor Group Executive Chair Euisun Chung Visits India to Review Mid- to Long-term Mobility Strategy

Executive Chair Chung visits Hyundai Motor India R&D center and facilities to review India market’s growth potential and future business strategy including electrification India market reached third place in the world automotive sales last year and is expected to sell 5 million passenger cars by 2030   o Indian government’s “Make in India” initiative pushes electrification… Continue reading @Hyundai: Hyundai Motor Group Executive Chair Euisun Chung Visits India to Review Mid- to Long-term Mobility Strategy

Leading Luxury Ready-To-Drink Cocktail Company That Captures The Allure of a Craft Cocktail Bar At Home, Social Hour Cocktails, Sees Tremendous Success in Q1 and Q2 2023

Securement of Strategic Alignment with Disney World and MALIN + GOETZ, Expansion of Partnership with Beverage Alcohol Juggernaut Diageo and more… NEW YORK, Aug. 8, 2023 /PRNewswire/ — Social Hour, leading luxury ready-to-drink cocktail company that captures the allure of a craft cocktail bar at home, is pleased to announce notable traction and success across… Continue reading Leading Luxury Ready-To-Drink Cocktail Company That Captures The Allure of a Craft Cocktail Bar At Home, Social Hour Cocktails, Sees Tremendous Success in Q1 and Q2 2023

Chang Industrial and MiR partner to improve Healthcare Experience through Automation

JACKSONVILLE, Fla., Aug. 8, 2023 /PRNewswire/ — Chang Industrial and Mobile Industrial Robots (MiR) announce the formation of a strategic partnership that enables autonomous systems to further revolutionize patient experience, nursing staff activities and supplies management in the healthcare industry. Chang Industrial’s collection of engineering experts and supply chain partners now features MiR, a leading… Continue reading Chang Industrial and MiR partner to improve Healthcare Experience through Automation

Stellantis Expands and Enhances Parts Business in North America

AUBURN HILLS, Mich., Aug. 8, 2023 /PRNewswire/ — Continue Reading Stellantis introduces bproauto as competitively priced, private-label replacement parts, designed for optimal performance on most makes and models from old to new, domestic to import. New replacement brake pads are available now from bproauto. Introduces bproauto as competitively priced, private-label replacement parts New parts line complements… Continue reading Stellantis Expands and Enhances Parts Business in North America