Technological advancements in the automotive industry, rise in production of vehicles, and increase in demand for luxury & comfort in vehicles drive the growth of the global automotive suspension market. WILMINGTON, Del., Nov. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Suspension Market by System, (Passive System and Semi-Active/Active System). Component, (Spring,… Continue reading Automotive Suspension Market to Reach $96.56 Billion, Globally, by 2032 at 4.7% CAGR: Allied Market Research
Tag: Strategy
CSP acquired by NEP to drive progressive UK and international growth
LONDON, Nov. 8, 2023 /PRNewswire/ — One of the longest established providers of traffic management and car parking services at special events and static sites, The Combined Services Provider (CSP), has been acquired by Norland Equity Partners Acquisition Limited (NEP) in an ambitious UK and international growth plan. Continue Reading CSP acquired by NEP to drive… Continue reading CSP acquired by NEP to drive progressive UK and international growth
A multimodal approach to sustainable transport in Tomorrow.Mobility
BARCELONA, Spain, Nov. 8, 2023 /PRNewswire/ — EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the EU, is driving the necessary shift towards a greener future for urban mobility by co-organising with Fira de Barcelona, Tomorrow.Mobility World Congress (TMWC). TMWC, serves as an essential platform for… Continue reading A multimodal approach to sustainable transport in Tomorrow.Mobility
Hyundai Mobis, Secures USD 940 million for North American Electrification Investment via Its First Overseas Green Loan
Raised investment capital for a new North American electrification hub through seven global financial institutions—marking its first overseas Green Loan Successfully procured long-term financing (10 years) at a favorable rate The acquired funds will be deployed to establish new BSA and PE system factories SEOUL, South Korea, Nov. 8, 2023 /PRNewswire/ — Hyundai Mobis’ (KRX:… Continue reading Hyundai Mobis, Secures USD 940 million for North American Electrification Investment via Its First Overseas Green Loan
Accolade Named to 2023 Deloitte Technology Fast 500™
Attributes 227% revenue growth to a relentless focus on delivering exceptional outcomes SEATTLE, Nov. 8, 2023 /PRNewswire/ — Accolade today announced it has been named to the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. Accolade grew… Continue reading Accolade Named to 2023 Deloitte Technology Fast 500™
TAILG’s New Brand TLG Makes Spectacular Debut at EICMA in Milan, Italy
Inaugurating its Presence in Europe, TLG Unveils First Flagship Store in Switzerland MILAN, Nov. 8, 2023 /PRNewswire/ — On November 8, TAILG showcased its new brand at EICMA, Italy’s premier exhibition for motorcycles. The company unveiled TLG to a global audience and simultaneously inked a deal to open its first European flagship store in Switzerland. TAILG… Continue reading TAILG’s New Brand TLG Makes Spectacular Debut at EICMA in Milan, Italy
SKF India Q2 FY23-24 net profit down 43%
SKF India, a supplier of bearings to automotive and other sectors, reported a net profit of Rs 899.7 crore during Q2 FY24, translating into a 43% slide against Rs 1558.3 crore registered in Q2 FY23. The operating revenues, on the other hand, improved moderately by 4% to Rs 1,125.2 crore during Q2 FY24 as compared to Rs 1,078.3 crore… Continue reading SKF India Q2 FY23-24 net profit down 43%
SKF India Q2 FY23-24 net profit down 43%
SKF India, a supplier of bearings to automotive and other sectors, reported a net profit of Rs 899.7 crore during Q2 FY24, translating into a 43% slide against Rs 1558.3 crore registered in Q2 FY23. The operating revenues, on the other hand, improved moderately by 4% to Rs 1,125.2 crore during Q2 FY24 as compared to Rs 1,078.3 crore… Continue reading SKF India Q2 FY23-24 net profit down 43%
Pricol reports consolidated revenue of Rs 562.66 crore in Q2 FY24
Coimbatore-based auto component maker Pricol reported revenue of Rs 562.662 crore in Q2 FY24, translating to a year on year growth of 12.31%. The company’s profit after tax was Rs 33.115 crore, for the second quarter of this financial year. The company’s Q2FY24 EBITDA stood at Rs 69.86 crore, registering a year on year growth… Continue reading Pricol reports consolidated revenue of Rs 562.66 crore in Q2 FY24
ZIM Relaunches its ZIM eCommerce Xpress (ZEX) Service, Providing a Premium, Speedy China-US West Coast Service
HAIFA, Israel, Nov. 8, 2023 /PRNewswire/ — ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container shipping company, announced today the relaunch of ZIM eCommerce Xpress (ZEX), its revolutionary eCommerce expedited line connecting South China to the US West Coast. Originally introduced in 2020, the ZEX service returns in view of the recent evolving needs… Continue reading ZIM Relaunches its ZIM eCommerce Xpress (ZEX) Service, Providing a Premium, Speedy China-US West Coast Service