Motherson acquires stake in mirror business of Ichikoh Industries, Japan

The improved customer connect with Japanese OEMs is expected to be a key catalyst for growth across the global footprint of these customers. New Delhi: Samvardhana Motherson Automotive Systems Group BV (SMRPBV), through its Vision systems division, has entered into an agreement with Ichikoh Industries (a subsidiary of Valeo SE) in Japan to buy 100%… Continue reading Motherson acquires stake in mirror business of Ichikoh Industries, Japan

Here’s Why Danish Supercar Manufacturer Zenvo Doesn’t Get The Respect It Deserves – HotCars

Google the word Zenvo, and you’ll get several variations of the same sentence, all including the word “underrated”. It appears that, for the first time, industry insiders and gearheads agree on the fact that the market underestimates rather than overvalues an automobile brand. In an age of exaggerations, when every other advertising campaign promises you… Continue reading Here’s Why Danish Supercar Manufacturer Zenvo Doesn’t Get The Respect It Deserves – HotCars

Avionics Market worth $66.3 Billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 26, 2022 /PRNewswire/ — Avionics Market size is projected to grow from USD 46.7 Billion in 2022 to USD 66.3 Billion by 2027, at a CAGR of 7.3% from 2022 to 2027, according to a new report by MarketsandMarkets™. The deployment of avionics is driven by the rising demand for aircraft modernization to improve operating… Continue reading Avionics Market worth $66.3 Billion by 2027 – Exclusive Report by MarketsandMarkets™

@Daimler: Mercedes-AMG keeps title chances in ADAC GT Masters and DTM

In the penultimate season rounds of both ADAC GT Masters and DTM, the teams with the Mercedes-AMG GT3 racked up two victories, four further podium results and valuable points for the respective championships. In ADAC GT Masters at Sachsenring, there were two 1-2s to celebrate: on Saturday, Jules Gounon (FRA) and Fabian Schiller (GER) from… Continue reading @Daimler: Mercedes-AMG keeps title chances in ADAC GT Masters and DTM

Capsule Hotel Market to Record a 9.08% Y-O-Y Growth Rate in 2022, Evolving Opportunities with Book & Bed Tokyo and Container Hotel Group – Technavio

NEW YORK, Sept. 26, 2022 /PRNewswire/ — The capsule hotel market size is expected to grow by USD 49.14 million from 2021 to 2026, at a CAGR of 9.86% as per the latest market forecast report by Technavio. Also, the market to record a 9.08% Y-O-Y growth rate in 2022. The capsule hotel market is fragmented and the… Continue reading Capsule Hotel Market to Record a 9.08% Y-O-Y Growth Rate in 2022, Evolving Opportunities with Book & Bed Tokyo and Container Hotel Group – Technavio

@niche: INEOS and its partners agree Final Investment Decision for the development of the Solsort field002189

INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed on Final Investment Decision regarding the development of the Solsort West field in the Danish part of the North Sea after having received the approval of the development from the Danish Energy Agency. The Solsort development consist of two wells. The Solsort… Continue reading @niche: INEOS and its partners agree Final Investment Decision for the development of the Solsort field002189

Hyundai Mobis in Silicon Valley holds a seminar to discover mobility alliance

Mobis Ventures Silion Valley (MVSV) invites startup officials and investors to the 1st Mobis Mobility Day in Silicon Valley. To introduce the company’s software-centric future R&D strategies … in order to expand its global investment network. Anticipates continued cooperation and investment in global startups featuring cutting-edge mobility technologies, including UAM and robotics. SEOUL, South Korea,… Continue reading Hyundai Mobis in Silicon Valley holds a seminar to discover mobility alliance

@VW Group: PowerCo and Umicore establish joint venture for European battery materials production005836

PowerCo, the new battery company of the Volkswagen Group, and Umicore, the Belgian circular materials technology group, announced today the founding of a joint venture for precursor and cathode material production in Europe. From 2025 onwards, the joint venture will supply PowerCo’s European battery cell factories with key materials. By the end of the decade,… Continue reading @VW Group: PowerCo and Umicore establish joint venture for European battery materials production005836

@VW Group: Porsche AG is preparing for its Initial Public Offering005839

ADVERTISEMENT NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL Porsche AG welcomes the decision of Volkswagen AG to offer up to 25% of Preferred Shares of Porsche AG in an Initial… Continue reading @VW Group: Porsche AG is preparing for its Initial Public Offering005839

@VW Group: Porsche aims to extend championship lead at the return to Fuji005838

The race In the close battle among manufacturers in the GTE-Pro class, Porsche clinched positions one and three in a successful qualifying session and tackled the endurance race in Japan with high hopes. However, it became apparent early on in the race that the competitiveness on race day did not meet those expectations. The most… Continue reading @VW Group: Porsche aims to extend championship lead at the return to Fuji005838