STOCKHOLM, May 11, 2023 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 11, 2023. Annual General Meeting of Stockholders The Company’s 2023 Annual General Meeting of Stockholders (AGM) voted for approval of the following… Continue reading Autoliv Announces Results of 2023 Annual Stockholders Meeting
Tag: Strategy
Pratt & Whitney Canada to Invest $10 Million in Technology Upgrades at Component Repair Facility in Wichita Falls, Texas
WICHITA FALLS, Texas, May 12, 2023 /PRNewswire/ — Pratt & Whitney Canada, a business unit of Pratt & Whitney, today announced a $10 million investment to expand the capabilities of its Wichita Falls, Texas engine component repair facility, which is expected to create 30 new jobs. As part of the investment, the company will modify… Continue reading Pratt & Whitney Canada to Invest $10 Million in Technology Upgrades at Component Repair Facility in Wichita Falls, Texas
Greaves Cotton reports consolidated EBITDA of INR 49 cr for Q4 FY23
Company reported revenues of INR 2,700 crore, up 58% and EBITDA at INR 133 crore. The auto and non-auto applications businesses registered a growth of 77% and 17%, respectively. Mumbai: Greaves Cotton Limited, one of the leading last-mile mobility companies, said its consolidated revenue grew 33% to INR 827 crore for Q4FY23, compared to Q4FY22.… Continue reading Greaves Cotton reports consolidated EBITDA of INR 49 cr for Q4 FY23
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May 12 (Reuters) – Elon Musk’s selection of a new CEO for Twitter may remove a big distraction for the billionaire and allow him to focus more on Tesla Inc (TSLA.O), which has been struggling with a drop in demand for its electric vehicles, analysts said. Shares of the world’s most valuable electric vehicle maker,… Continue reading Untitled
Tata Motors increases capex by 25% to Rs 38,000 crore in FY24, hopes for market outperformance
On the back of a record FY23 performance, Tata Motors, India’s largest automobile company by revenues, plans to revise its capex upwards by 25% to Rs 38,000 crore in FY24, with improved chip supplies and expected sustenance in demand for both JLR and standalone business. The company plans to invest in products, platforms, and debottlenecking… Continue reading Tata Motors increases capex by 25% to Rs 38,000 crore in FY24, hopes for market outperformance
Tata Motors increases capex by 25% to Rs 38,000 crore in FY24, hopes for market outperformance
On the back of a record FY23 performance, Tata Motors, India’s largest automobile company by revenues, plans to revise its capex upwards by 25% to Rs 38,000 crore in FY24, with improved chip supplies and expected sustenance in demand for both JLR and standalone business. The company plans to invest in products, platforms, and debottlenecking… Continue reading Tata Motors increases capex by 25% to Rs 38,000 crore in FY24, hopes for market outperformance
Applied Intuition and NI Collaborate to Accelerate Validation Test of Autonomous Driving Technology
Applied Intuition and NI are working together to provide reliable test systems for ADAS and AD validation, enabling the automotive industry to bring their products to market faster. MOUNTAIN VIEW, Calif., May 11, 2023 /PRNewswire/ — Applied Intuition and NI today announced that the two companies will combine their expertise to provide an end-to-end solution across the connected… Continue reading Applied Intuition and NI Collaborate to Accelerate Validation Test of Autonomous Driving Technology
GWM New Energy Strategy Boosts Sales Surge
BAODING, China, May 11, 2023 /PRNewswire/ — On May 8, GWM released the latest sales data. This April, GWM sold 93,107 vehicles, with a year-on-year increase of 73.14%. The number of new energy vehicles (NEVs) sold reached 14,863, up 284.06% year-on-year (YoY). Under the trend of accelerating transformation of new energy in the global automobile industry,… Continue reading GWM New Energy Strategy Boosts Sales Surge
Discovering Qingdao: Where Chinese and Western Cultures Meet
QINGDAO, China, May 11, 2023 /PRNewswire/ — If you’re planning a trip to China, be sure to add Qingdao to your itinerary. Qingdao is a fantastic destination for travellers who are looking for a mix of culture, history, natural beauty, and entertainment. Qingdao is a picturesque coastal city located in the Shandong Province of China.… Continue reading Discovering Qingdao: Where Chinese and Western Cultures Meet
nShift named in 2023 Gartner® Europe Context: ‘Magic Quadrant™ for Transportation Management Systems’
nShift identified as a Notable Vendor in the report. The European TMS market is forecast to grow at a five-year CAGR of 5.3%, with a forecast spend through 2026 of $485 million. LONDON, May 9, 2023 /PRNewswire/ — Gartner, a company delivering actionable, objective insight to executives and their teams has named nShift as a… Continue reading nShift named in 2023 Gartner® Europe Context: ‘Magic Quadrant™ for Transportation Management Systems’