TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform In a bid to grow its EV business organically and inorganically, Rs 54000 crore Murugappa Group owned, TI Clean Mobility has raised Rs 3000 crore. TI Clean Mobility Private Limited (“TICMPL”), a wholly owned subsidiary of Tube Investments of India Limited (“TII”),… Continue reading TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform
Tag: Strategy
GoMechanic announces turnaround in core business in January
GoMechanic continues to see strong auto servicing volumes in most of its markets, with Delhi-NCR contributing the most, it said in a statement. New Delhi: Automobile after-sales service startup GoMechanic on Friday announced a turnaround in its core business in January. The company, which admitted to errors in financial reporting last month, said it serviced… Continue reading GoMechanic announces turnaround in core business in January
GM’s truck production cut signals a turn in U.S. auto sales
GM dealers have over 100 days’ supply of Chevy Silverado pickups in stock, reflecting more vehicles on the ground and a seasonally slow pace of sales, according to Cox. New vehicle sales in the United States are expected to increase in February, but the decision by General Motors Co to cut production of large pickup… Continue reading GM’s truck production cut signals a turn in U.S. auto sales
Citroen C3 Aircross SUV snapped testing in India, EV derivative confirmed
Citroen will bring the all-electric eC3 Aircross SUV by 2025. The petrol-powered Citroen C3 Aircross SUV will go on sale first – most likely later this year in India – followed by other markets. The EV powertrain option on the upcoming C3 Aircross was confirmed by Citroen’s branding executive Laurent Barria to Autocar India’s sister publication, Autocar… Continue reading Citroen C3 Aircross SUV snapped testing in India, EV derivative confirmed
Automotive heat exchanger market to grow at a CAGR of 6.41% between 2022 and 2027; Heavy dependence on IC engines to boost market – Technavio
NEW YORK, Feb. 24, 2023 /PRNewswire/ — According to Technavio, the global automotive heat exchanger market size is estimated to grow by USD 8,300.06 million from 2022 to 2027. The market is estimated to grow at a CAGR of 6.41% during the forecast period. COVID-19 had the most negative impact on the global automotive industry in… Continue reading Automotive heat exchanger market to grow at a CAGR of 6.41% between 2022 and 2027; Heavy dependence on IC engines to boost market – Technavio
US Bicycle Tire Replacement Market Report 2022: Increasing Number of Cycling Events in the Country Drives Growth
DUBLIN, Feb. 24, 2023 /PRNewswire/ — The “US Bicycle Tire Replacement Market, By Type, By Tire Type, By Tire Size, By Distribution Channel, Estimation & Forecast, 2017-2030” report has been added to ResearchAndMarkets.com’s offering. The US bicycle tire replacement market held a market value of USD 703.5 million in 2021 and is likely to reach… Continue reading US Bicycle Tire Replacement Market Report 2022: Increasing Number of Cycling Events in the Country Drives Growth
Low-Cost Carrier Market size is estimated to grow by USD 248.65 billion from 2022 to 2027, Rising preference for smart airports to be a leading trend – Technavio
NEW YORK, Feb. 24, 2023 /PRNewswire/ — According to Technavio, the global low-cost carrier market size is estimated to grow by USD 248.65 billion from 2022 to 2027. However, the market is estimated to decline at a CAGR of 15.15% during the forecast period. Moreover, the growth momentum will decelerate. APAC will account for 45% of… Continue reading Low-Cost Carrier Market size is estimated to grow by USD 248.65 billion from 2022 to 2027, Rising preference for smart airports to be a leading trend – Technavio
Ford supply chain exec departs, F-150 Lightning plant still closed
Annie Liu, a former head of supply chain, battery and energy at Tesla who joined Ford Motor Co. last year, left her role with the Dearborn automaker this week, the Detroit Free Press confirmed Friday. Liu was executive director of purchasing for the Ford Model e line of all-electric products and technology. “I spoke with Annie last… Continue reading Ford supply chain exec departs, F-150 Lightning plant still closed
Road logistics market to grow at a CAGR of 3.59% by 2027, Market Driven by increased outsourcing of logistics services to boost the market – Technavio
NEW YORK, Feb. 24, 2023 /PRNewswire/ — According to Technavio, the global road logistics market size is estimated to grow by USD 782.97 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 3.59% during the forecast period. Moreover, the growth momentum will accelerate. APAC will account for 45% of the market’s… Continue reading Road logistics market to grow at a CAGR of 3.59% by 2027, Market Driven by increased outsourcing of logistics services to boost the market – Technavio
Car Accident Lawyer Match Reinvents Injury Attorney Market
CALM offers customers a groundbreaking free way to connect with some of the top-rated accident injury law firms in America. LOS ANGELES, Feb. 24, 2023 /PRNewswire/ — Car Accident Lawyer Match (“CALM”) is a powerful and easy to use web platform that helps people find the best personal injury attorney for their case. Now, after… Continue reading Car Accident Lawyer Match Reinvents Injury Attorney Market