Latest Automotive Industry News

Infomedia Ltd reported a solid half-year performance with a 2% revenue increase and a 63% surge in net profit, while announcing a strategic acquisition and a share buyback plan.

Redivium Limited’s recent entitlement offer failed to meet the minimum subscription, leading to its cancellation and full refunds to investors. The company now pivots towards a green bond funding strategy to support its battery recycling ambitions.

Connexion Mobility Limited reported a robust 15% revenue increase and a 43% jump in profit after tax for the half-year ended December 2024, underscoring its growing foothold in automotive SaaS solutions while continuing to invest in future growth.