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The overall market has about 90 million vehicles, which is around pre-COVID levels. However, when broken down by region, Europe and America are still 10-15% below pre-COVID levels, while India and China have ramped up beyond pre-COVID levels.
Monzo cashback will be available when customers spend at retailers including Asda, Boots, H&M, eBay, Disney+ and Deliveroo, with shoppers earning up to 35%
"Once the acquisitions get completed, we expect $5-5.5 billion on the top line on a gross basis and $2-2.5 billion on the net basis. So that is the kind of number and all these acquisitions that we have announced are also EPS accretive. So, we do see good growth coming in through these acquisitions."
Samvardhana Motherson International Ltd is set to acquire assets and shares of Germany's Dr Schneider Group for €118.3m ($141.2m). Dr Schneider Group is a loss-making asset, currently going through administration. Despite this, the acquisition is expected to create new growth opportunities for Motherson through the addition of a new product portfolio. Last month, Motherson Group acquired Bombardier's electrical wiring interconnection system business for $10m after acquiring Reydel Automotive in May.
Motherson Sumi Systems Share/Stock Price Today: Check Motherson Sumi Systems Live NSE/BSE, Historic price charts. Read Motherson Sumi Systems news, profit & loss account, buy-sell, announcements, financial report, company information, annual report, balance sheet, results at Mint