Volkswagen production Since the beginning of the year, 2.76 million cars, trucks and buses have been delivered to customers. (Photo: Reuters) After the setbacks in China in deliveries last month, Volkswagen has caught up strongly. In April, the Wolfsburg-based company handed over 255,700 vehicles to customers in its largest single market and increased sales there… Continue reading German Handelsblatt: Auto industry: Volkswagen is catching up on deliveries in China006935
Tag: Manufacturing
Air Canada Reports First Quarter 2023 Financial Results
Record first quarter passenger revenues of $4.088 billion, more than double the first quarter of 2022, on a 53 per cent increase in operated capacity Record first quarter operating revenues of $4.887 billion, 90 per cent higher than first quarter 2022 and about 10 per cent higher than first quarter 2019 Operating loss of $17… Continue reading Air Canada Reports First Quarter 2023 Financial Results
Autoliv Announces Results of 2023 Annual Stockholders Meeting
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
Automotive Chip Market to Reach $121.3 Billion, Globally, by 2031 at 9.6% CAGR: Allied Market Research
The global automotive chip market is driven by factors such as increase in demand for advanced driving assistance system (ADAS), rise in demand for electric vehicles, and surge in demand for autonomous driving. PORTLAND, Ore., May 11, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Chip Market by Product (microcontrollers, logic ICs, sensors, analog ICs,… Continue reading Automotive Chip Market to Reach $121.3 Billion, Globally, by 2031 at 9.6% CAGR: Allied Market Research
CEAT Ambernath plant receives five-star grading in British Safety Council Audit
CEAT Specialty (division of CEAT Tires) is proud to announce that it’s Ambernath facility has received a Five Star rating in the Occupational Health and Safety Audit conducted by the British Safety Council MUMBAI, India, May 11, 2023 /PRNewswire/ — The company’s Ambernath plant underwent a comprehensive, quantified, and robust evaluation of its occupational health and safety policies, processes… Continue reading CEAT Ambernath plant receives five-star grading in British Safety Council Audit
nShift: 50,000 companies face new sustainability reporting requirements in 2024
nShift emissions engine enables warehouses and manufacturers to track and record supply chain carbon emissions ahead of mandatory reporting LONDON, May 11, 2023 /PRNewswire/ — European companies will soon be compelled to report their carbon footprint across the value chain as part of a new set of sustainability regulations. nShift, the global leader in delivery… Continue reading nShift: 50,000 companies face new sustainability reporting requirements in 2024
Armored Vehicle Market to be Worth $44.56 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, May 11, 2023 /PRNewswire/ — The global armored vehicle market size is anticipated to reach USD 44.56 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.4% from 2023 to 2030. The growing internal and external terrorist activities across the… Continue reading Armored Vehicle Market to be Worth $44.56 Billion by 2030: Grand View Research, Inc.
Eviation Announces MONTE Order for up to 30 All-Electric Alice Aircraft
Eviation signs letter of intent with MONTE, a U.K.-based regional aircraft lessor focused on sustainable aviation MONTE orders up to 30 of Eviation’s Alice, the world’s first flight-tested all-electric commuter plane Orders for Alice now valued at over US$ 4 billion ARLINGTON, Wash., May 11, 2023 /PRNewswire/ — Eviation Aircraft, a manufacturer of all-electric aircraft, today… Continue reading Eviation Announces MONTE Order for up to 30 All-Electric Alice Aircraft
German Handelsblatt: BILANZCHECK: China deal gives BMW record profits – but the new dependency harbors risks006934
BMW balance sheet check The automaker’s dominance in China also entails risks. (Photo: AP) The year 2022 will be remembered by BMW shareholders as a special year. The company never made more sales, BMW never earned better. Thanks to a record profit of 18.6 billion euros, shareholders will receive a dividend of 8.50 euros per… Continue reading German Handelsblatt: BILANZCHECK: China deal gives BMW record profits – but the new dependency harbors risks006934
Tata Motors rolls out 200,000th Punch 20 months after launch
Tata Motors today rolled out the 200,000th Punch compact SUV from its Pune plant. The 200,000-unit production milestone comes just 20 months after the carmaker launched the Punch in October 2021. The rapid pace of production is a result of accelerated demand for the youngest model in Tata Motors’ ‘New Forever’ range. From launch through… Continue reading Tata Motors rolls out 200,000th Punch 20 months after launch