Boeing has been searching for a new CEO since Dave Calhoun announced in March that he would step down by the end of the year.
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INDUSTRY NEWSLatest News
Lamborghini’s hybrid transition boosts revenues despite profit margins decline
by Biplab Dasby Biplab DasItalian luxury sports car maker Lamborghini reported a 14.1% rise in revenues to €1.62 billion ($1.76 billion) for the first half of the year. However, …
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INDUSTRY NEWSLatest News
Suzuki collaborates with NDDB to boost biogas production
by Biplab Dasby Biplab DasSuzuki Motor Corporation has entered into a strategic partnership with the National Dairy Development Board (NDDB) and Banas Dairy to set up a fifth biogas …
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To support these ambitions, InterGlobe Aviation placed a historic order of 500 new aircraft with Airbus, ensuring a steady stream of deliveries between 2030 and …
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The 2024 Hyundai Creta comes with advanced Level 2 ADAS safety suite, a powerful 1.5-liter Turbo GDI engine, and an array of active and passive …
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The highly competitive U.S. automotive market is proving to be a significant challenge for global carmakers, as weak prices, high inventories, and logistical difficulties erode …
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These disappointing results were attributed to increasing price competition from rivals and a notable slowdown in global EV demand.
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INDUSTRY NEWSLatest News
Mexico president dismisses Musk’s talk of scrapping Mexican investment as unserious
Lopez Obrador disputed Musk’s suggestion that heavy tariffs on Mexican-made cars under a potential future Trump administration would make investments in Mexico unfeasible.
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Projections indicate a decline of 18 per cent from the previous month’s record shipments, with July imports estimated at 380,000 tons.
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Rivian Automotive Inc. is likely to face trial over allegations that it encouraged former Tesla Inc. employees to steal trade secrets. This decision comes as …