Kinetic Engineering elevates Ajinkya Firodia to vice chairman to boost global strategy
Kinetic Engineering Limited, a prominent name in India’s automotive components sector, has announced the elevation of Ajinkya Firodia to Vice Chairman and Managing Director. The ... Read More
Geely stuns industry with Zeekr’s takeover of Lynk & Co in radical overhaul
In a bold move set to reshape the automotive industry, Zhejiang Geely Holding Group has announced that its premium electric vehicle subsidiary, Zeekr Intelligent Technology ... Read More
Boeing initiates massive layoff wave, cutting 17,000 jobs as financial woes deepen
Boeing has initiated a sweeping round of layoffs, notifying 17,000 employees of their termination—a drastic 10% reduction in its workforce. This move reflects Boeing’s ongoing ... Read More
GM’s self-driving Cruise fined for ‘false report scandal’ in federal investigation
In a significant blow to GM's self-driving division, Cruise, the company has been fined $500,000 after admitting to submitting a misleading report to federal authorities. ... Read More
Lumax Auto Technologies achieves record Q2FY25 revenue; announces Greenfuel acquisition
Lumax Auto Technologies Limited, a major player in the Indian automotive components sector, reported remarkable financial results for the second quarter (Q2) and first half ... Read More
JetBlue stock skyrockets! Is Spirit Airlines’ bankruptcy the best thing to happen for budget flights?
JetBlue Airways has seen an impressive 16% surge in its share price amid news that Spirit Airlines is on the brink of bankruptcy. Spirit’s looming ... Read More
Hyundai Motor India tanks in first quarterly report, shares plunge as profits hit rock bottom
Hyundai Motor India faced a rough debut in the public markets as its first quarterly earnings report post-IPO delivered dismal results, sending shares down nearly ... Read More
Wipro leverages cloud car platform to advance FORVIA’s driver assistance technology
In a pioneering collaboration, Wipro Limited has optimized FORVIA’s Advanced Driver Assistance Systems (ADAS), marking a significant stride for the automotive technology supplier, ranked the ... Read More
Suprajit Engineering stuns with double-digit growth amid global market slump—What’s their secret?
Suprajit Engineering Limited, a leading Indian automotive component manufacturer, has reported significant growth for the first half of the fiscal year 2024, despite the challenging ... Read More
Mahanagar Gas dives into battery cell manufacturing with a mega India-based giga factory
Mahanagar Gas Limited (MGL) is making a bold move into India's lithium-ion cell manufacturing industry, partnering with California-based International Battery Company, Inc. (IBC US). Through ... Read More