SÖDERTÄLJE, Sweden, June 1, 2020 /PRNewswire/ — The Coronavirus crisis had led to a sharp decline in revenues. Although it is currently not possible to forecast the length and severity of how the crisis will affect Scania’s business operations, it is expected that the demand for its products will remain lower for some time. Therefore,… Continue reading Scania Plans Major Staff Reductions
Author: PR Newswire Online News
Spain’s Zeleros Raises 7M€ in Financing to Lead the Development of Hyperloop in Europe
VALENCIA, Spain, June 1, 2020 /PRNewswire/ — Zeleros Hyperloop has completed a financing round worth more than €7 million. The company starts a new and important phase in the development of its unique version of hyperloop, the “fifth mode of transport,” the best alternative for the future to connect efficiently and sustainably long-distance routes for passenger… Continue reading Spain’s Zeleros Raises 7M€ in Financing to Lead the Development of Hyperloop in Europe
ZF Completes WABCO Acquisition
Signalling the start of WABCO’s integration into ZF, the acquisition unites two industry leaders behind a shared vision to create a customer-focused powerhouse to advance commercial vehicle technology. With the addition of WABCO, ZF’s focus will be on expanding its commercial vehicle service portfolio and on operating customer business. “The combination of these two successful… Continue reading ZF Completes WABCO Acquisition
Autoliv Provides Market and Business Update, Accelerates Mitigating Measures and Enters Loan Facility With Swedish Export Credit Corporation
STOCKHOLM, May 29, 2020 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today provides updates on market and company measures to manage the auto industry downturn caused by the COVID-19 pandemic. April virtually at a standstill in Europe and Americas Slow and volatile restart and ramp-up creates efficiency challenges… Continue reading Autoliv Provides Market and Business Update, Accelerates Mitigating Measures and Enters Loan Facility With Swedish Export Credit Corporation
Titanium Mobility App Paves the New Way in Car Rental
“Our new whitelabel app is a promise for a better future in car rental,” says Martin Kallasmaa, Car Rental Gateway’s Commercial Director. “It makes renting a car contactless and gives customers the freedom to go anywhere they need to without any hassle. This is exactly the solution that the market needs right now—flexible, efficient, and smart.… Continue reading Titanium Mobility App Paves the New Way in Car Rental
Karma Automotive Begins Prototype Testing For Supercar-Capable E-Flex Platform
Equipped with Karma’s racing-inspired E-Flex platform suitable for both road and track day applications, the AWD performance prototype aims to achieve 1,100 HP. A combination of attributes including 10,500 lb-ft (14,000 Nm) wheel torque, electronic torque vectoring and front and rear mounted dual electric motors will generate superior power and handling for the test vehicle.… Continue reading Karma Automotive Begins Prototype Testing For Supercar-Capable E-Flex Platform
Exide Technologies Announces Court Approval of First Day Motions Allowing Business Operations to Proceed in Ordinary Course
MILTON, Ga., May 21, 2020 /PRNewswire/ — Exide Technologies (“Exide” or the “Company”), a global provider of stored energy solutions, today announced that customary first day motions to help facilitate continued operations in the ordinary course of business while the Company operates in Chapter 11 were approved by Judge Christopher S. Sontchi of the U.S.… Continue reading Exide Technologies Announces Court Approval of First Day Motions Allowing Business Operations to Proceed in Ordinary Course
Shouqi Limousine & Chauffeur, the second largest ride-hailing platform in China, has made profits in multiple cities nationwide
As a state-controlled online ride-hailing platform, Shouqi Limousine & Chauffeur ranks second in China’s chauffeur market, with a revenue of CNY 6.5 billion in 2019. According to Wei Dong, CEO of Shouqi Limousine & Chauffeur, the company has been principally engaged in corporate travel, business charter and employee overtime car services since its rollout in… Continue reading Shouqi Limousine & Chauffeur, the second largest ride-hailing platform in China, has made profits in multiple cities nationwide
Silvercar by Audi Enables Responsible Travel with Contactless Features and Services
AUSTIN, Texas, May 14, 2020 /PRNewswire/ — Finally, rental car customers are going to get what they need and what they deserve. Silvercar by Audi is helping customers prepare for the “new normal” in travel with the roll out of Contactless Rental and Delivery to You service. As part of its Responsible Travel initiative, these expanded… Continue reading Silvercar by Audi Enables Responsible Travel with Contactless Features and Services
Crave upgrades food delivery
BOISE, Idaho, May 13, 2020 /PRNewswire/ — Crave Delivery, a new entrant to the food scene, announced today the launch of our unique delivery concept. Aimed at elevating expectations in this space, Crave is a vertically-integrated platform that combines the best of remote kitchens, proprietary technology interface, and employee delivery team. Our goal is to provide… Continue reading Crave upgrades food delivery