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Auto and Transport Industry News
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HĂ©roux-Devtek shareholders approve C$1.35bn acquisition by Platinum Equity
HĂ©roux-Devtek Inc., the world’s third-largest landing gear manufacturer and a major player in the aerospace industry, announced a…
JetBlue Airways drops a bombshell—Revenue expectations revised, and stocks are soaring
JetBlue Airways Corporation (JBLU) has revised its financial guidance for the third quarter of 2024, leading to a…
Tesla takes 2.5% in pre-market trading as game-changing FSD launch and Robotaxi unveiling nears
Tesla, Inc. has made significant waves in the automotive and technology sectors with its recent announcements, sending its…
RailTel shares rise after bagging Rs 11cr order from Northern Railways
RailTel Corporation of India Limited, a Navratna public sector undertaking (PSU), recently secured a work order valued at…
Hero MotoCorp reportedly in final talks to invest in EV startup Altigreen Propulsion Labs
Hero MotoCorp, India’s largest two-wheeler manufacturer, is reportedly in advanced discussions to invest Rs 900 crore in Bengaluru-based…
China’s super-merger to crush global shipbuilding competition
China is shaking up the global shipbuilding industry with a monumental merger between its two largest state-owned companies,…
Royal Enfield unveils the 2024 Classic 350: A blend of timeless elegance and modern upgrades
Royal Enfield has officially launched the 2024 Classic 350, a motorcycle that epitomizes the brand’s commitment to accessible…
Tata Motors reports August 2024 sales decline amidst market challenges
Tata Motors Limited has reported a notable drop in its sales figures for August 2024, with a total…
Hero MotoCorp reports robust August sales with 5.12 lakh units sold
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, reported a significant dispatch of 512,360 units for…
Collins Aerospace launches major expansion at Spokane facility to ramp up carbon brake production
Collins Aerospace, a prominent business unit of Raytheon Technologies Corporation (NYSE: RTX), has officially commenced a major expansion…