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Steel writedowns sink Thyssenkrupp 2023
In the second quarter, Thyssenkrupp lost money. Higher loan rates caused steel impairment costs. Operating earnings fell due to higher raw material, energy, and steel prices, although not as much as experts expected. On Thursday in Essen, the business reported a January-March loss of 223 million euros. The corporation made 565 million euros last year.
Mercedes-AMG EQE53: Review 2023
The Mercedes EQE range introduction, including the range-topping EQE 53 reviewed here, took place on two routes I know well. Victoria drivers know these routes well. The difficulty is that a little community connects the two 10km routes, whose citizens and police force know that people like myself adore these roads. “I could hear you
Android Automotive Vehicles Will Have YouTube 2023
Google is adding YouTube streaming to Android Auto and Android Automotive. Android Auto displays phone content wirelessly or wiredly. Google’s CarPlay requires the user’s phone. Android Automotive runs in the car without a phone as the main infotainment. Here’s what’s coming for each system Android Auto Google says roughly 200 million cars will have Android
Acquisition boosts MESTEC’s recruiting.
One of the UK’s premier cloud-based Manufacturing Execution Systems (MES) suppliers had a record year 12 months after Eyelit Inc. purchased it. As more manufacturing businesses utilize its solutions to develop smarter factories to increase labor efficiency, equipment effectiveness, quality, and compliance, Bracknell-based MESTEC has seen revenues climb by over 40% this year. The firm
BYD to build factory in Vietnam, proposes local supply chain 2023
According to a statement released by the government of Vietnam, which quotes the chairman of the Chinese manufacturer BYD, Wang Chuanfu, BYD aims to extend its electric vehicle manufacturing and assembly activities into Vietnam. According to the article, Wang, who is also the founder of BYD, stated that he anticipated Vietnam to establish favorable conditions
Philippine Airlines buys 9 Airbus A350-1000 wide-body planes 2023
As air traffic begins to recover from the epidemic, Philippine Airlines said on Wednesday that it will place an order for nine wide-body Airbus A350-1000 aircraft. This will allow the airline to increase its fleet and route network. According to a statement released by the airline, the new aircraft will be used to run non-stop
Advance Auto Parts Stake Cut by 2.4% by Florida Retirement System 2023
The State Board of Administration of Florida Retirement System decreased its Advance Auto Parts, Inc. holding by 2.4% in the fourth quarter. The business possessed nearly 79,000 AAP shares but sold 1,950 at the conclusion of the most recent reporting period, according to a Form 13F filing with the SEC. Advance vehicle Parts sells aftermarket
Truist Securities Recommends RIVN Buy 2023
Truist Securities maintained coverage of Rivian Automotive Inc – (NASDAQ:RIVN) with a Buy recommendation on May 9, 2023, according to Fintel. Analyst Price Prediction Indicates 89.50% Upside The average one-year price target for Rivian Automotive Inc – as of April 25, 2023 is $26.26. Forecasts range from a minimum of 14.14 to a maximum of
Lambo Urus Super-SUV Outruns Space Shuttle in 163-MPH Standing Mile 2023
Since 2015, Space Florida—Florida’s aerospace economic development agency—has administered and operated the facility under a three-decade lease from NASA. The Johnny Bohmer Proving Grounds and other private firms still use it for testing. Since OEMs, the EPA, and other bodies undertake numerous automobile tests, the corporation collects data for them from zero to 60 (96