The tire tread in a select size of the Goodyear ElectricDrive™ GT will include Monolith carbon black. AKRON, Ohio, May 10, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced a new tread formulation for its ultra-high performance, all-season ElectricDrive™ GT tire, tuned for electric vehicles, in size 235/40R19. The specialized… Continue reading GOODYEAR ANNOUNCES INDUSTRY’S FIRST TIRE TO USE CARBON BLACK PRODUCED VIA METHANE PYROLYSIS
Tag: Manufacturing
Autonomous delivery startup Nuro to restructure, pause commercial expansion
Autonomous delivery startup Nuro is in the midst of a restructuring that will result in layoffs and shift resources away from commercial operations and towards R&D. This is the second time in less than a year that Nuro — a darling of the AV world that has raised $2.13 billion — has laid off workers… Continue reading Autonomous delivery startup Nuro to restructure, pause commercial expansion
Aerospace Coatings Market to Register Healthy CAGR of 5% from 2023 to 2029 Attributing to the Increasing Military Demand on a Large Scale Globally
The Rise in The Number of Air Travelers Is Boosting the Growth of The Aerospace Coatings Market. PUNE, India, May 8, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Aerospace Coatings Market. The… Continue reading Aerospace Coatings Market to Register Healthy CAGR of 5% from 2023 to 2029 Attributing to the Increasing Military Demand on a Large Scale Globally
CAPEWELL ANNOUNCES ERIN MACALUSO JOINS AS CHIEF FINANCIAL OFFICER
SOUTH WINDSOR, Conn., May 8, 2023 /PRNewswire/ — Capewell, a global leader in custom-engineered survivability and aerial delivery solutions, announced that Erin Macaluso has joined the company as Chief Financial Officer. Continue Reading Capewell, a global leader in custom-engineered survivability and aerial delivery solutions, announced that Erin Macaluso has joined the company as Chief Financial Officer.… Continue reading CAPEWELL ANNOUNCES ERIN MACALUSO JOINS AS CHIEF FINANCIAL OFFICER
Trip.biz Unveils Soaring Corporate Travel Demand for Bleisure Trips While Overall Business Expenditure Increases
SINGAPORE, May 8, 2023 /PRNewswire/ — Trip.com Group’s corporate travel arm, Trip.Biz, recently released its Corporate Travel Management Market White Paper, taking a closer look at the Chinese mainland’s business travel market and trends. Companies in China are optimistic about the resumption of corporate travel as border policies relax, and flight capacity gradually resumes. According… Continue reading Trip.biz Unveils Soaring Corporate Travel Demand for Bleisure Trips While Overall Business Expenditure Increases
China Cycle 2023: CST debuts CST COREX two-wheeled tire product, promotes sustainable development for ESG project globally
SHANGHAI, May 7, 2023 /PRNewswire/ — Cheng shin Rubber (Xiamen) IND., LTD. (“CST”), a leading manufacturer of two-wheeled tires, has launched CST COREX, an innovative product built with ECO-RE technology at the 31st China International Bicycle Fair (China Cycle 2023). Themed “Safer, Smarter and Lower Carbon,” China Cycle, one of the three major bicycle exhibitions… Continue reading China Cycle 2023: CST debuts CST COREX two-wheeled tire product, promotes sustainable development for ESG project globally
Auto Financial Group Announces Q1 2023 Results
HOUSTON, May 10, 2023 /PRNewswire/ — Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q1 2023 today. In Q1 2023, AFG signed four new credit unions to its Walk-Away Balloon Lending Program including Community Resource Credit Union, Foothills Credit Union, and… Continue reading Auto Financial Group Announces Q1 2023 Results
Pricol reports 75.3% jump in net profit at Rs 29.80 crore
Automotive component and technology supplier Pricol reported a 75.3% jump in its consolidated net profit at Rs 29.80 crore for Q4FY23. The company had posted a net profit of Rs 17 crore in the year-ago period. The company’s revenues from operations stood at Rs 509.69, a jump of 23.8% versus revenues of Rs 415.80 crore, in… Continue reading Pricol reports 75.3% jump in net profit at Rs 29.80 crore
China’s SAIC to dilute stake in MG Motor India, drive EV sales
BENGALURU (Reuters) – China’s SAIC Motor plans to drop its ownership in MG Motor India to allow domestic entities to take a majority stake, the Indian electric vehicle maker said on Wednesday, as Chinese investments face increased scrutiny by the New Delhi government. MG also plans to invest more than 50 billion rupees ($611.4 million)… Continue reading China’s SAIC to dilute stake in MG Motor India, drive EV sales
4 Hot Stocks to Tap the Foreign Auto Industry’s Growth Potential
The increasing demand for green vehicles is serving as a key catalyst for the Zacks Automotive – Foreign industry. Most countries are witnessing a significant surge in sales of electric vehicles (EVs) due to rising climate concerns. Despite economic concerns, the car markets in major regions such as China, Europe, and India are predicted to… Continue reading 4 Hot Stocks to Tap the Foreign Auto Industry’s Growth Potential