Tag: Volvo

Asahi India Glass Q1 Profit Drops 25%, Revenue Rises 4%

Asahi India Glass Ltd, a supplier to the automotive industry, reported a consolidated net profit of Rs 76.69 crore during Q1FY25- witnessing a drop of 25.41% against Q1FY24. The company’s operating revenue on the other hand stood at Rs 1,135.83 crore in Q1FY25, a jump of 4.14% compared with Q1FY24.  Asahi India Glass, with close… Continue reading Asahi India Glass Q1 Profit Drops 25%, Revenue Rises 4%

Chinese EVs Nab Record 11% Share in Europe Ahead of Tariffs

(Bloomberg) — Chinese brands captured 11% of the European electric-car market in June, notching record registrations as manufacturers raced to beat stiff European Union tariffs that took effect early this month. Most Read from Bloomberg Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen. SAIC Motor Corp. led the charge, shipping… Continue reading Chinese EVs Nab Record 11% Share in Europe Ahead of Tariffs

Future of Commercial Vehicle Telematics Market worth USD 12.8 Billion by 2030 | MarketsandMarkets

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=227143770 Browse in-depth TOC on “Future of Commercial Vehicle Telematics Market” 143 – Tables65 – Figures199 – Pages Future of Commercial Vehicle Telematics Market Scope: Report Coverage Details Market Revenue in 2024 USD 5.4 Billion Estimated Value by 2030 USD 12.8 Billion Growth Rate Poised to grow at a CAGR of… Continue reading Future of Commercial Vehicle Telematics Market worth USD 12.8 Billion by 2030 | MarketsandMarkets

German FAZ: Tachograph 007358

Sexy or likeable? What influence does the car brand have on the driver’s image? Are there brands that seem particularly sexy to others? A Yougov survey commissioned by the mobile.de trading platform showed that drivers of BMW (20.1%), Mercedes (17.8%) and Porsche (17.5%) are considered particularly sexy compared to other car brands. Anyone who sits… Continue reading German FAZ: Tachograph 007358

Thursday Morning Auto News, Jul 25, 2024: Nissan, Stellantis hit the brakes. Tesla stock shaken. Trouble ahead for EU luxury makes. More.

CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit – Automotive News Volvo softens EV-or-bust strategy as hybrids show promise – Automotive News Hyundai Motor posts record Q2 profit on strong US sales, to boost hybrid lineups – Reuters Stellantis and Nissan deepen fears over auto industry downturn – FT Renault H1… Continue reading Thursday Morning Auto News, Jul 25, 2024: Nissan, Stellantis hit the brakes. Tesla stock shaken. Trouble ahead for EU luxury makes. More.

Ashok Leyland eyes 45% market share in southern India

Ashok Leyland, the Chennai-based commercial vehicle giant, is looking to tighten its grip on the South Indian market. Already a powerhouse in the region, the company currently commands over 40% of the Medium and Heavy Commercial Vehicle (MHCV) segment. Not content to rest on its laurels, Ashok Leyland has set its sights even higher, aiming… Continue reading Ashok Leyland eyes 45% market share in southern India

Daimler Trucks begins customer trials with Mercedes-Benz GenH2 trucks

Daimler Truck is entering the next development phase of its fuel cell trucks. After a rigorous testing phase on the test track and public roads, the Mercedes-Benz GenH2 Trucks have now reached an advanced development stage for deployment in the first customer fleets. The company’s objective is to offer only new vehicles that are CO2-neutral… Continue reading Daimler Trucks begins customer trials with Mercedes-Benz GenH2 trucks

Lear Reports Second Quarter 2024 Results

SOUTHFIELD, Mich., July 25, 2024 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2024. Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) Second Quarter 2024 Highlights Delivered record quarterly revenue of $6.0 billion in the second quarter, a modest increase compared to the second… Continue reading Lear Reports Second Quarter 2024 Results