Kia India: Kia India names Gwanggu Lee as new MD, CEO

Kia India on Tuesday said it has appointed Gwanggu Lee as the new Managing Director and CEO with immediate effect. Lee succeeds Tae Jin Park, who retires after a 36-year journey with Kia Corporation including a four year stint with Kia India, the automaker said in a statement. Lee has held leadership positions in various … Read more

Elevating Investment Landscape with Tech-Enabled Asset Management

NEW YORK, Jan. 2, 2024 /PRNewswire/ — Hi2 Global proudly announces a groundbreaking collaboration with Percent, a leader in revolutionizing private credit markets through innovative technology. This strategic partnership marks a pivotal moment in reshaping the landscape of private credit transactions. Hi2 Global’s expertise in global asset allocation and Percent’s prowess in modernizing private credit … Read more

Here’s Why Chrysler Is Pulling The Plug On The 300 After 17 Years

With most manufacturers moving more toward electrification, especially since Tesla burst onto the scene and accelerated the adoption of electric vehicles over a decade ago, it just doesn’t make sense for Chrysler to keep offering a sedan with such archaic underpinnings. The Chrysler 300’s LX platform, which it shares with the seventh-generation Dodge Charger, was … Read more

Ashok Leyland: Ashok Leyland sales down 10% in December at 16,324 units

New Delhi: Commercial vehicle maker Ashok Leyland on Tuesday reported 10 per cent decline in total sales at 16,324 units in December 2023 as compared to 18,138 units in the year-ago period. Domestic sales were down 10 per cent at 15,323 units as against 17,112 units in December 2022, Ashok Leyland said in a regulatory … Read more

JA Solar Successfully Completes the Shipment of All n-type Modules for the ACWA Power Solar Project in Tashkent, Uzbekistan

BEIJING, Jan. 2, 2024 /PRNewswire/ — On December 22nd, JA Solar successfully completed the shipment of all n-type modules for the ACWA Power solar project in Tashkent, Uzbekistan with the arrival of the freight train loaded with its modules. The project agreement was signed between ACWA Power and Uzbekistan’s Joint-Stock Company (JSC) National Electric Grid of … Read more

M&M: M&M total auto sales up 6 pc at 60,188 units in Dec 2023

New Delhi, Mahindra & Mahindra Ltd on Monday reported a 6 per cent growth in total automotive sales at 60,188 units in December 2023, as compared to the same month a year ago. Passenger vehicles sales last month stood at 35,174 units, as against 28,445 units in December 2022, up 24 per cent, Mahindra & … Read more

PLATINUM EQUITY TO ACQUIRE HORIZON ORGANIC AND WALLABY FROM DANONE

Leading dairy products brands projected to benefit from Platinum Equity’s carve-out experience and operational expertise LOS ANGELES, Jan. 1, 2024 /PRNewswire/ — Platinum Equity today announced the signing of a definitive agreement to acquire Horizon Organic and Wallaby from Danone. Horizon Organic is the largest USDA-certified organic dairy brand in the world and is a … Read more