ITURAN'S JV IN INDIA COMPLETES SUCCESSFUL VALIDATION WITH DAIMLER INDIA COMMERCIAL VEHICLES FOR ITS CONNECTED TELEMATIC DEVICES
Ituran Location and Control Ltd. - Ordinary Shares (ITRN)
Last ituran location and control ltd. - ordinary shares earnings: 3/4 06:30 am
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ituran.com/ituranfront/en/about-ituran/investor-relations
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Source: PR Newswire
AZOUR, Israel, Dec. 4, 2024 /PRNewswire/ -- Ituran Location and Control Ltd. (Nasdaq: ITRN) announced that its joint venture in India, Lumax Ituran Telematics Pvt Ltd., successfully concluded a validation and trial period for its connected telematic devices with Daimler India Commercial Vehicles (DICV) for its vehicles sold to the Indian market. DICV fully tested Ituran's devices across approximately 15,000 plus vehicles operating in India and Lumax-Ituran expect to continue to sell tens of thousands of connected devices to DICV annually. These connected devices will provide the essential hardware to enable advanced telematics solutions, forming the foundation for future expansion into connected vehicle services.The expansion of operations with DICV, a part of the key leading global OEM, marks a key milestone for Ituran's strategic expansion into India's automotive telematics sector.Eyal Sheratzky, CEO of Ituran, commented, "Daimler India Commercial Vehicles is a key strategic custome
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News
- IBN Coverage: Ituran Location and Control (NASDAQ: ITRN) CEO Discusses Company's Journey From Humble Beginnings to Global Leadership [Yahoo! Finance]Yahoo! Finance
- Ituran Location and Control Ltd (ITRN) Q3 2024 Earnings Call Highlights: Strong Revenue Growth ... [Yahoo! Finance]Yahoo! Finance
- ITURAN LOCATION AND CONTROL LTD ANNOUNCES DISTRIBUTION OF A $8 MILLION DIVIDENDPR Newswire
- ITURAN PRESENTS THIRD QUARTER 2024 RESULTSPR Newswire
- ITURAN AND NISSAN SIGN A CONTRACT FOR VEHICLE TRACKING AND RECOVERY SERVICES IN CHILEPR Newswire
ITRN
Sec Filings
- 12/4/24 - Form 6-K
- 11/21/24 - Form 6-K
- 11/21/24 - Form 6-K
- ITRN's page on the SEC website