India Auto Inc, which closed FY2023 with total automobile sales of 21.20 million units (up 20% YoY) across the two- and three-wheeler, passenger and commercial vehicle segments, maintains its growth momentum in the ongoing fiscal year. In the first quarter of FY2024 (April-June 2023), cumulative wholesales of these four vehicle segments were nearly 5.5 million… Continue reading Maharashtra tops in car and CV sales in Q1 FY2024, UP in two- and three-wheelers
Tag: Strategy
Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
The Project Provides Residents on Yas and Saadiyat Islands with 8 Robotaxis and 4 Minibuses, Serving Over 5,000 Registered Users and Fulfilling 17,000 Orders ABU DHABI, UAE, Aug. 8, 2023 /PRNewswire/ — In line with the vision of the wise leadership to make Abu Dhabi’s cities smarter and more sustainable, the Integrated Transport Centre (ITC) of the Abu… Continue reading Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
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
Global Remanufacturing in the Automotive Aftermarket, 2023-2030 – Conventional Engine, Transmission, and Affiliated Components Dominate Global Replacement Revenue
DUBLIN, Aug. 9, 2023 /PRNewswire/ — The “Circular Economy Initiatives and Growth Opportunities from Remanufacturing in the Automotive Aftermarket, 2023” report has been added to ResearchAndMarkets.com’s offering. This research report delves into the circular economy of automotive parts specifically pertaining to Class 1 to 3 passenger vehicles. With the base year set in 2022 and a… Continue reading Global Remanufacturing in the Automotive Aftermarket, 2023-2030 – Conventional Engine, Transmission, and Affiliated Components Dominate Global Replacement Revenue
EU 27 Level 4 Autonomous Trucks Market Report 2023-2040: Corridor Segregation by Phase – Mapping the Journey of Autonomous Readiness
DUBLIN, Aug. 9, 2023 /PRNewswire/ — The “Market Potential for Level 4 Autonomous Trucks in EU 27: Long Haul-Hub to Hub” report has been added to ResearchAndMarkets.com’s offering. In this study, the objective is to derive the total autonomous addressable market (TAAM) and the share of autonomous adoption in the addressable market (SAAM). To achieve this,… Continue reading EU 27 Level 4 Autonomous Trucks Market Report 2023-2040: Corridor Segregation by Phase – Mapping the Journey of Autonomous Readiness
Bosch eBike Systems expands digital theft protection for eBikes
Bosch eBike Systems is shaping the future of eBike mobility with innovative products and digital services ranging from highly efficient drive systems to the first production-ready ABS for eBikes and Connected Biking solutions. On the daily routes through the city, on leisurely rides through the countryside or for sporting adventures in the mountains: Bosch eBike… Continue reading Bosch eBike Systems expands digital theft protection for eBikes
Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion