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VinFast VF 8, a design and engineering collaboration optimised for Europe

VinFast’s VF 8 awarded 2024 ‘Best Child Protection‘, ‘Best Safety Assistance‘, ‘Best Motorcyclist Safety‘, ‘Best Car‘ and ‘Best SUV‘ by ASEAN NCAP The VF 8 combines Pininfarina design, highlighted by the use of quality sustainable materials, a vast range of advanced driving assistance systems (ADAS) and highly tailorable connectivity and immersive systems for entertainment and utility application A comprehensive warranty package – 10 years or 200,000 kilometers […]

Houston Tests the Waters with Self-Driving Cars Again

Cruise, a company specializing in self-driving car technology, is reintroducing its autonomous vehicles to the streets of Houston for testing purposes. This move comes alongside a significant investment of $850 million from General Motors, Cruise’s primary backer. The reintroduction of the robocars follows a period of pause after a series of concerning incidents in 2023, most notably an accident in San Francisco where a pedestrian was injured […]

Revolutionising Urban Mobility: Veer’s Shift Drive System Cuts Costs and Complexity

Transforming City Travel: Veer’s New Technology Reduces Costs and Enhances Sustainability San Francisco, California, United States – April 22, 2024 — In a world where urban transportation continually evolves, Veer emerges as a pivotal force with its Shift Drive System, redefining the daily commute and ushering in a new era of cost-effective urban mobility. Amid escalating gas prices and increasing congestion, Veer’s innovative system offers a compelling […]

Hong Kong’s R&D Receives International Recognition HKPC’s “InspecSpider” Wins Prestigious “Edison Award” in Innovation Field

Hong Kong’s First High-mast Lighting Inspection and Maintenance Robot Enables Intelligent Transformation in the Infrastructure Industry HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – The Edison Awards, known as the “Oscars of Innovation”, have announced the results for 2024. “InspecSpider”, jointly developed by HKPC and Green Light Multiplex Co. Ltd., has been awarded the Silver Award in the category of “Innovative Robotics Solution”. […]

Cadillac Makes Electric Return to France

Marking a significant step in its European expansion, General Motors (GM) unveiled the Cadillac Lyriq, its luxury electric SUV, in France on February 26, 2024. This move signals the American automaker’s return to the French market after a seven-year absence. GM’s previous presence in France ended in 2017 when it sold its European subsidiary, Opel, to the French automotive group PSA (now Stellantis). However, the company’s commitment […]

Growth Challenges For India’s Defence Manufacturing Sector

PSU Insurers’ Stocks Surge On Attractive Valuation, RBI’s Risk Weight Norms

MUMBAI: A combination of factors led to a surge in the share price of state-run insurance companies on Friday, with general insurer New India Assurance’s (NIA) stock hitting the upper circuit. Life Insurance Corporation of India (LIC) surged 10 per cent. The state-run re-insurer General Insurance Corporation of India (GIC Re) stock closed 16.7 per […]

The post PSU Insurers’ Stocks Surge On Attractive Valuation, RBI’s Risk Weight Norms first appeared on Latest India news, analysis and reports on IPA Newspack.

Mercedes-Benz unveils the arrival of the eActros and eEconic all-electric trucks in Hong Kong

Pioneering Carbon-Neutral Commercial Transportation HONG KONG SAR – Media OutReach – 27 October 2023 – Mercedes-Benz’s renowned truck series, Actros and Econic, have long dominated the Hong Kong commercial vehicle market as two of the most popular heavy-duty truck models. The Actros truck has established itself as the backbone of local and cross-border logistics, while the Econic series caters to the needs of urban applications with its […]

ShangHai Elite Entrepreneur Book of Fame Successfully Launched at Eslite Bookstore

KUALA LUMPUR, MALAYSIA – Media OutReach – 6 September 2023 – On August 23, 2023, the “ShangHai Elite Entrepreneur Book of Fame” was successfully launched at the Eslite Bookstore (KL The Starhill). Upholding deep business spirits, taking root across the country, and expanding its mission throughout the world, “ShangHai Elite Entrepreneur Book of Fame” is a hardcover monumental work that promotes the entrepreneurial spirit and sets an […]

Correcting and Replacing: Jardine Matheson and Hongkong Land celebrate 50 years of Jardine House

Hong Kong’s first skyscraper continues to innovate and attract world-class tenants Building at the forefront of the development of modern Central. Hongkong Land invests up to US$100 million annually in updating and modernising all its buildings, ensuring Jardine House remains contemporary and digitally enhanced. Jardine House continues to benefit from the ongoing flight to quality. HONG KONG SAR – Media OutReach – 13 July 2023 – Jardine […]

Jardine Matheson and Hongkong Land celebrate 50 years of Jardine House: Hong Kong’s first skyscraper continues to innovate and attract world-class tenants

Building at the forefront of the development of modern Central. Hongkong Land invests up to US$100 million annually in updating and modernising all its buildings, ensuring Jardine House remains contemporary and digitally enhanced. Jardine House continues to benefit from the ongoing flight to quality. HONG KONG SAR – Media OutReach – 13 July 2023 – Jardine Matheson and Hongkong Land are commemorating the 50th anniversary of Jardine […]

From fairytale to nightmare

Matein Khalid Tesla (TSLA) was a fairytale in 2020 when it soared 740% and then 50% in 2021. The fairytale has morphed into a nightmare in 2022, with the shares down 52% from their January highs of 402 to 168 as I write. What went wrong? One, 2022 has been an annus horribilis for NASDAQ, which is down 32% YTD. Since Tesla has a stock market beta […]

Tirupati temple richer than India’s biggest firms

Pakistan Workers And Peasants Continue Battle For Better Livelihood

Goodyear Joins Lockheed Martin to Commercialize Lunar Mobility

Vehicle Tires Designed for Extreme Temperatures in One Sixth Gravity on Crater-Filled Terrain AKRON, OHIO – Media OutReach – 28 July 2022 – The Goodyear Tire & Rubber Company supplied essential products for NASA’s Apollo program, including the Apollo 11 mission which landed on the Moon 53 years ago today. The company will continue that tradition—focusing on lunar vehicle tires—by joining Lockheed Martin (NYSE:LMT) in its development […]

Dyson Confirms 2022 Launch of Air-Purifying Headphones Delivering Pure Air and Pure Audio

The Dyson Zone™ is Dyson’s first wearable purifier, capturing city pollution including gas, allergens and particulate matter and cancelling unwanted noise with advanced noise cancellation and pure, high-fidelity audio. HONG KONG SAR – Media OutReach – 30 March 2022 – Today, Jake Dyson has unveiled the Dyson Zone™ air-purifying headphones, Dyson’s first step into wearable technology. The Dyson Zone™ is a set of noise cancelling, high fidelity […]

Chip shortage affects new cars one way, used cars another way

The chip shortage has been the biggest party pooper ever. It is affecting everything from your PlayStation 5 to your brand new BMW. Gone are the days when we used to have those simple Sony and Kenwood stereo systems, these days all cars have a touchscreen infotainment screen and voice commands. While this saves the carmakers money in the long term, as they have to make updates […]

TeamViewer AG: TeamViewer to enter landmark partnership with Mercedes-AMG Petronas F1 Team and Mercedes-EQ Formula E Team

Five-year partnership as key pillar of TeamViewer’s strategy to build a truly global tech brand TeamViewer to transfer use cases from the racetrack to the industrial environment of customers Investment in Mercedes F1 and FE partnership fully reflected in recently updated adjusted EBITDA margin guidance for 2021 Partnerships with #1 sports to accelerate global enterprise and personal user expansion Landmark sport sponsorships to foster billings growth rates […]

HiPhi X Evolvable super SUV – Global landmark attracting the attention

SHANGHAI, CHINA – Media OutReach – 9 September 2020 – One year ago, the Chinese brand HiPhi, a subsidiary of Human Horizons, showed people its prototype, which advanced the lines of a future high-end electric full-size SUVs. Now the firm has revealed the final version of its first model, which has been bestowed the name HiPhi X and go on sale in the first half of 2021. The HiPhi […]

DEUTZ AG: Significant decline in business performance in the first half of 2020 due to the coronavirus crisis

Measures under the Transform for Growth efficiency program defined and initiated – annual cost savings of around €100 million expected from 2022 Group guidance for 2020 remains under review; medium-term targets confirmed Revenue target for China in 2022 raised to €800 million[1]   DEUTZ Group: overview of key figures € million H1 2020 Change Q2 2020 Change New orders 623.6 -34.6% 266.9 -39.2% Unit sales (units) 73,859 […]

Rolls-Royce reveals new collection inspired by Sheikh Zayed and the UAE – in pictures

Rolls-Royce has unveiled a new collection of cars with design touches inspired by Sheikh Zayed, Founding President of the UAE, as well as Abu Dhabi landmarks and Emirati history and traditions. The Wisdom Collection features seven bespoke Rolls-Royces: a Phantom VII, two Phantom Coupés, two Wraiths, a Ghost and a Dawn. The concept was put together by Joseph Tayar, Rolls-Royce brand manager at Abu Dhabi Motors, the […]

Lyft And Waymo Team Up To Bring Self-Driving Cars To The Streets First : TECH : Tech Times

One of the hottest races going on in the tech world right now is the race to get self-driving cars out to the public first. To try and beat out the competition, Waymo has reached an agreement with Lyft, the startup ride-hailing company, to get its street legal autonomous cars out first. Lyft And Waymo Team Up The New York Times reported that the two companies reached […]

The Other Shoe Drops: Prime Auto Loans Losses Surge As Recoveries Tumble

When we looked at subprime auto delinquencies most recently, we found some troubling trends: first, in February, we showed that 61+ day delinquencies in General Motors’ subprime securitization book would support a rather bleak thesis for future auto sales, and specifically the demand side of the equation, with January 2017 delinquency rates soaring to the highest levels since late 2009/early 2010.  Ironically, this hasn’t stopped lenders from […]

U.S. used-car glut is a dealer’s dream, automakers’ nightmare | Reuters

By Nick Carey | ORWELL, Ohio ORWELL, Ohio Three years ago if a customer walked onto Dan Reel’s used car lot seeking a late-model off-lease Ford Escape, his answer was short: tough luck. The supply of lightly-used cars and trucks was tight because automakers had drastically cut back on bargain leases during and after the Great Recession. Recently, though, a computer search for available used vehicles within […]