The acquisition terms include the Sanand site’s entire land and buildings, the vehicle manufacturing plant with machinery and equipment, and transfer of all eligible FIPL employees at the Sanand manufacturing operations, which reports a capacity of 300,000 units per year, scalable to 420,000 units annually.
The models can be ordered now and will reach the first customers in Europe in December, according to a company statement. The model series is produced in a CO2-neutral manner at the Mercedes-Benz plant in Tuscaloosa, Alabama.
Attendees will be able to ride along in the electric Canoo Lifestyle Vehicle (LV) and the Canoo Lifestyle Delivery Vehicle (LDV), along with electric passenger cars, trucks, and vans from eight other automakers.
A new projection from the National Highway Traffic Safety Administration marks the highest number of U.S. roadway deaths between January and March in 20 years.
The logistics brokerage company was named to Inc.'s 5000 list as one of the nation’s fastest-growing private companies for the second consecutive year.
Sun Pharmaceutical Industries Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra, that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients in more than 100 countries across the globe.
With stints at Alfa-Laval/DeLaval and Unilever Bestfoods, Lucia finished her career as executive director, fleet and purchasing services at Estee Lauder, where she was hired in 2004.
The 2023-MY Mazda3 goes on sale with a starting MSRP of $22,550, while the turbo models start at $32,450.