American Axle says it’s not for sale

Detroit-based American Axle & Manufacturing Holdings Inc., a Tier 1 supplier of drivetrain components, says it’s not up sale after Bloomberg reported Thursday it had potential buyers. Bloomberg, citing anonymous sources, reported that American Axle has received “preliminary interest” from London-based Melrose Industries Plc. Additionally, the news service reported American Axle was also in talks… Continue reading American Axle says it’s not for sale

Hydrogen Fuel Cells for Electric Vehicles Global Patent Landscape 2022: Potential Advantages Over Battery Power Spurs Research & Investments

DUBLIN, Nov. 4, 2022 /PRNewswire/ — The “Hydrogen Fuel Cells for Electric Vehicles Patent Landscape 2022” report has been added to  ResearchAndMarkets.com’s offering. Nowadays, the global transportation sector represents about one quarter of all direct carbon dioxide emissions. To remedy this, during the past few years, several national and supranational governments around the world have instigated… Continue reading Hydrogen Fuel Cells for Electric Vehicles Global Patent Landscape 2022: Potential Advantages Over Battery Power Spurs Research & Investments

@VW Group: Automobili Lamborghini confirms the DESI project, now in its fifth year006079

First day of school-to-work at Lamborghini for 24 students Sant’Agata Bolognese, November 4, 2022 – Lamborghini continues to invest in education, in particular for the benefit of the younger generations. After the official start of classes in school last September, the DESI (Dual Education System Italy), now in its fifth year, will be moving for… Continue reading @VW Group: Automobili Lamborghini confirms the DESI project, now in its fifth year006079

@Toyota: Entry into the Automobile Sales Finance Business in Croatia- Offering Products Suited to Customer Needs, amid the Shift from Automobile Ownership to Use –

Toyota Tsusho Corporation (“Toyota Tsusho”) established Toyota Tsusho Leasing Croatia d.o.o., an automobile sales finance company in Croatia, and began sales through Toyota dealers in the country in September 2022. This is the second European country where the sales finance business has been established, after Slovenia. Toyota Tsusho established Toyota Croatia d.o.o. (“TCR”) in Croatia… Continue reading @Toyota: Entry into the Automobile Sales Finance Business in Croatia- Offering Products Suited to Customer Needs, amid the Shift from Automobile Ownership to Use –

Insights on the Spark Plug Global Market to 2030 – Rising Demand for Fuel Efficient Vehicles and Introduction of Stringent Norms Regarding Carbon Emissions is Driving Growth

DUBLIN, Nov. 4, 2022 /PRNewswire/ — The “Spark Plug Market By Type, By Material, By End-Use, By Sales Channel: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to  ResearchAndMarkets.com’s offering. According to this report the spark plug market was valued at $3.2 billion in 2020, and is estimated to reach $5.1 billion… Continue reading Insights on the Spark Plug Global Market to 2030 – Rising Demand for Fuel Efficient Vehicles and Introduction of Stringent Norms Regarding Carbon Emissions is Driving Growth

Locus Featured as a 2022 Top Logistics Tech Startup By Tracxn

The company was recognized as a ‘Soonicorn’ for its execution excellence and future growth potential RIYADH, Saudi Arabia, Nov. 4, 2022 /PRNewswire/ — Locus, a leading-edge technology company solving for excellence in Last-Mile logistics, has been named a Top Emerging Startup for Logistics Tech by Tracxn, a global platform for tracking startups and private companies. In… Continue reading Locus Featured as a 2022 Top Logistics Tech Startup By Tracxn

Indonesian digital lender Neo Commerce targets first full-year profit next year

Indonesian digital lender PT Bank Neo Commerce (BNC) expects to book its first full–year profit next year since launching its online services in 2021, its president director said, even as lenders in the sector compete to offer high deposit rates to lure customers. Southeast Asia’s biggest economy has seen double-digit growth in digital banking transactions in the past few years with transactions in 2022 set to grow 30% to 53,144… Continue reading Indonesian digital lender Neo Commerce targets first full-year profit next year

Magna Announces Third Quarter 2022 Results

Magna International Inc. Swamy Kotagiri, Magna’s Chief Executive Officer “In the third quarter, we managed through an operating environment that remains challenged by ongoing production schedule volatility and elevated energy costs in Europe. We continue to take steps to address the short-term industry turbulence as well as operating inefficiencies at certain facilities, while remaining focused… Continue reading Magna Announces Third Quarter 2022 Results

Locus Featured as a 2022 Top Logistics Tech Startup By Tracxn

The company was recognized as a ‘Soonicorn’ for its execution excellence and future growth potential RIYADH, Saudi Arabia, Nov. 4, 2022 /PRNewswire/ — Locus, a leading-edge technology company solving for excellence in Last-Mile logistics, has been named a Top Emerging Startup for Logistics Tech by Tracxn, a global platform for tracking startups and private companies. In… Continue reading Locus Featured as a 2022 Top Logistics Tech Startup By Tracxn

Locus Featured as a 2022 Top Logistics Tech Startup By Tracxn

The company was recognized as a ‘Soonicorn’ for its execution excellence and future growth potential RIYADH, Saudi Arabia, Nov. 4, 2022 /PRNewswire/ — Locus, a leading-edge technology company solving for excellence in Last-Mile logistics, has been named a Top Emerging Startup for Logistics Tech by Tracxn, a global platform for tracking startups and private companies. In… Continue reading Locus Featured as a 2022 Top Logistics Tech Startup By Tracxn