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Auto and Transport Industry News
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Chorus Aviation to offload RAL assets for C$1.9bn, setting stage for strategic overhaul
Chorus Aviation Inc. (TSX: CHR) has announced a landmark agreement to divest its Regional Aircraft Leasing (RAL) segment,…
July 30, 2024
Shock deal: Koito Manufacturing to snap up Cepton Inc. for $3.17 per share
Silicon Valley’s lidar leader Cepton, Inc. (Nasdaq: CPTN) has announced a definitive agreement for its acquisition by Koito…
July 30, 2024
Cyient DLM secures major Boeing contract for 787 Dreamliner components
In a significant development for the aerospace industry, Cyient DLM, a key player in design-led manufacturing, has been…
July 29, 2024
The future of flying: TCS and Rolls-Royce’s hydrogen fuel revolution unveiled
Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, is joining forces with Rolls-Royce,…
July 27, 2024
Wallbox and EnergyHub forge partnership to enhance EV charging solutions in North America
In a significant development for the electric vehicle (EV) industry, EnergyHub and Wallbox have announced a strategic partnership…
July 25, 2024
Major milestone: Titagarh Rail Systems ships first traction converters to Italy—What this means for India!
Titagarh Rail Systems Limited (TRSL) has marked a significant milestone with the successful export of traction converters to…
July 24, 2024
Inferno on Maersk Frankfurt claims life! Indian Coast Guard’s massive operation underway
One crew member aboard the Maersk Frankfurt has tragically died as a fire continues to rage on the…
July 21, 2024
Textron Aviation expands partnership with Gama Aviation for special missions aircraft
Textron Aviation Inc., a subsidiary of Textron Inc. (NYSE: TXT), has announced an expansion of its collaboration with…
July 21, 2024
GE Aerospace to enhance MRO and component repair facilities with $1bn investment
GE Aerospace has unveiled an ambitious plan to invest over $1 billion in its Maintenance, Repair, and Overhaul…
July 21, 2024
Fonon set to disrupt maritime industry with innovative BTS technology
Fonon Corporation is poised to transform the maritime industry with its innovative Bulk-To-Shape (BTS) additive manufacturing technology. Although…
July 21, 2024