Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) After 2021, BMW sold more cars last year than its direct competitors Mercedes and Audi. In 2022, the Munich car manufacturer was able to sell a total of 2.4 million vehicles worldwide. Without the BMW brands Mini… Continue reading German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits005942
Tag: Strategy
Temasek-backed ST Telemedia Global Data Centres looking at $1b IPO: BloombergThe Singapore company has held discussions with potential advisors, the B…
Temasek-backed ST Telemedia Global Data Centres (STT GDC) could be exploring an IPO, from which it could raise over $1 billion, Bloomberg reported on Friday, citing sources familiar with the matter. The Singapore-based data centre operator has held discussions with potential advisors for the IPO that could value the firm at $5 billion. STT GDC… Continue reading Temasek-backed ST Telemedia Global Data Centres looking at $1b IPO: BloombergThe Singapore company has held discussions with potential advisors, the B…
German Manager Magazin: KBA new registrations 2022: These are the most popular cars in Germany002246
For the first time since the beginning of the corona pandemic, new car sales have Germany gained again. Around 2.65 million vehicles were newly registered last year, as can be seen from the current data from the Federal Motor Transport Authority (KBA) emerges. That is at least 1.1 percent more than in 2021, but still… Continue reading German Manager Magazin: KBA new registrations 2022: These are the most popular cars in Germany002246
Defense Cyber Security Market to Reach $43.4 Billion, Globally, by 2031 at 7.7% CAGR: Allied Market Research
A growing risk of cyber threat to critical infrastructures by structured criminal groups, technological improvement in the cyber security industry, and an increase in demand for defense IT expenditure network drive the global defense cyber security market growth. PORTLAND, Ore., Jan. 13, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Defense Cyber Security Market by… Continue reading Defense Cyber Security Market to Reach $43.4 Billion, Globally, by 2031 at 7.7% CAGR: Allied Market Research
Defense Cyber Security Market to Reach $43.4 Billion, Globally, by 2031 at 7.7% CAGR: Allied Market Research
A growing risk of cyber threat to critical infrastructures by structured criminal groups, technological improvement in the cyber security industry, and an increase in demand for defense IT expenditure network drive the global defense cyber security market growth. PORTLAND, Ore., Jan. 13, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Defense Cyber Security Market by… Continue reading Defense Cyber Security Market to Reach $43.4 Billion, Globally, by 2031 at 7.7% CAGR: Allied Market Research
Indian Oil’s aluminium-air battery manufacturing JV readies itself for manufacturing rollout
Indian Oil’s aluminium-air battery manufacturing JV readies itself for manufacturing rollout IOC Phinergy, a joint venture between Indian Oil Corporation (IndianOil) and Israel’s Phinergy, which specialises in hybrid lithium-ion and aluminium-air/zinc-air battery systems, is working to develop a blueprint for establishing facilities in India, even as real-world tests on vehicles provided by Mahindra & Mahindra… Continue reading Indian Oil’s aluminium-air battery manufacturing JV readies itself for manufacturing rollout
Varroc aims to regain peak turnover of Rs 12,000 crore by 2025; expects to be debt free in two years
Varroc aims to regain peak turnover of Rs 12,000 crore by 2025; expects to be debt free in two years Having exited its global lighting business, Aurangabad-headquartered auto component major, Varroc Engineering, is planning to regain its previous peak of Rs 12,000 crore in the next three years. It plans to do this by bringing… Continue reading Varroc aims to regain peak turnover of Rs 12,000 crore by 2025; expects to be debt free in two years
Chinese EV maker BYD said to be building plant in Vietnam for car parts
Chinese electric vehicle (EV) maker BYD Auto Co plans to build a plant in Vietnam to produce car parts, three people with knowledge of the plan told Reuters, in a move that would reduce the company’s reliance on China and deepen its supply chain in Southeast Asia as part of a global expansion. The investment in northern… Continue reading Chinese EV maker BYD said to be building plant in Vietnam for car parts
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HANOI, Jan 13 (Reuters) – Chinese electric vehicle (EV) maker BYD Auto Co plans to build a plant in Vietnam to produce car parts, three people with knowledge of the plan told Reuters, in a move that would reduce the company’s reliance on China and deepen its supply chain in Southeast Asia as part of… Continue reading Gallery
Tata Motors to launch 10 new products in 24-36 months
Tata Motors, India’s largest automobile company by revenues, is launching one new product every quarter in its car business for the next two to three years, as it seeks to sustain a strong market outperformance in the coming years. Having grown at double the market rate, Tata Motors is planning for 20% growth in volumes… Continue reading Tata Motors to launch 10 new products in 24-36 months