AUBURN HILLS, Mich., Aug. 16, 2023 /PRNewswire/ — Nexteer Automotive (HK 1316) today reported first half results for the period ended June 30, 2023 – including record half-year revenue of US$2.1 billion, which is an increase of 17.4% compared to first half 2022. During this period, Nexteer also secured new customer program awards (Bookings) totaling US$2.8 billion,… Continue reading Nexteer Reports First Half 2023 Results; Posts Record Half-Year Revenue
Tag: Strategy
Horizon Robotics Forges Strategic Partnership with Aptiv and Wind River
Companies to jointly promote the development of automated driving in China with integrated software and hardware solutions BEIJING, Aug.16, 2023 /PRNewswire/ — Horizon Robotics, a leading provider of energy-efficient computing solutions for advanced driver assistance systems (ADAS) in consumer vehicles, recently formed a strategic partnership with Aptiv PLC (NYSE: APTV) and its subsidiary Wind River in… Continue reading Horizon Robotics Forges Strategic Partnership with Aptiv and Wind River
@Tata-JLR: JLR ANNOUNCES 300 NEW JOBS IN THE MIDLANDS TO SUPPORT GROWING RANGE ROVER PRODUCTION AND DEVELOPMENT OF NEXT GEN EVs
The online application outlines the requirement for 100 Maintenance Technicians in Solihull with Level 3 NVQ/Apprenticeship or equivalent qualifications to maintain the functioning of automated robots, automated welding and joining equipment and other complex tools. Across the Gaydon Engineering Centre and Whitley Powertrain Facility, there are approximately 200 Test Engineer and Vehicle Technician roles, the… Continue reading @Tata-JLR: JLR ANNOUNCES 300 NEW JOBS IN THE MIDLANDS TO SUPPORT GROWING RANGE ROVER PRODUCTION AND DEVELOPMENT OF NEXT GEN EVs
EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay
A new report from SMS looks at the current experience of public EV charging and what needs to be done to get it ‘fit for the future’ LONDON, Aug. 16, 2023 /PRNewswire/ — UK public electric vehicle (EV) charging needs a major reboot if it’s going to be ‘fit for our EV future’, a new report… Continue reading EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay
TAT Technologies Ltd., through its Oklahoma subsidiary -Limco Airpair Inc., signed a unique contract to serve a Boeing747 fleet of one of Europe’s Major Cargo Carriers
The contract is for the repair of Boeing 747 Thermal Component, valued at $7.5 million. TAT won this contract due to its unique capability to repair this component. NETANYA, Israel, Aug. 16, 2023 /PRNewswire/ — TAT Technologies (Nasdaq TATT) a leading supplier of OEM products and MRO services for the defense and commercial aviation industry,… Continue reading TAT Technologies Ltd., through its Oklahoma subsidiary -Limco Airpair Inc., signed a unique contract to serve a Boeing747 fleet of one of Europe’s Major Cargo Carriers
TVS and BMW Motorrad partnership turns 10, sells over 140,000 sub-500cc bikes
Scripting an exemplary partnership in the two-wheeler industry, India’s TVS Motor Company and Germany’s BMW Motorrad are celebrating 10 years of their strategic partnership. Spanning over product development, design, technology, knowledge sharing, and developing common platforms for both their global customers, the strategic partnership between the two companies has achieved a series of milestones globally.… Continue reading TVS and BMW Motorrad partnership turns 10, sells over 140,000 sub-500cc bikes
Hyundai Motor India signs ‘Asset Purchase Agreement’ for acquisition of identified assets at GM India Talegaon Plant
Having exited the Indian car market almost 6 years ago, General Motors has finally exited the world’s third largest car market by signing the commercial agreement with South Korean car maker to sell its Talegaon plant assets. The commercial agreement was signed on Wednesday morning in National Capital Region. Autocar Professional had exclusively reported a… Continue reading Hyundai Motor India signs ‘Asset Purchase Agreement’ for acquisition of identified assets at GM India Talegaon Plant
Finalrentals Expands Into Greece
Entrepreneuer Evmorfia Karagiannoudi is the new owner of the Finalrentals franchise in Greece. Photo: Finalrentals Finalrentals has launched a master franchise in Greece, expanding the car rental company’s reach to 32 countries, the company announced recently. Founder and CEO Ammar Akhtar hailed the new franchise as a major achievement, bringing the company closer to realizing its… Continue reading Finalrentals Expands Into Greece
FirstElement Fuel, the World-Leading Provider of Hydrogen Refueling Solutions, is Awarded $7.7 Million from the California Energy Commission to Scale up its Manufacturing Capacity
“The CEC is playing a huge role to transition the state of California, and the world, away from fossil fuels. It’s truly an honor to continue our partnership with the CEC to make zero emissions transportation a reality,” said Joel Ewanick, Founder and Chief Executive officer of FEF. FEF’s manufacturing facility in Santa Ana currently… Continue reading FirstElement Fuel, the World-Leading Provider of Hydrogen Refueling Solutions, is Awarded $7.7 Million from the California Energy Commission to Scale up its Manufacturing Capacity
Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization
Delivered $159 million of Adjusted EBITDA(1) on $414 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 38.4%, and net income of $94 million, or $1.16 per diluted share Closed Aquadrill transaction on April 3, increasing contracted floater count for the quarter by four to 12 After the quarter, successfully issued $575 million of 8.375%… Continue reading Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization