Presentation of the Porsche Taycan at the LA Auto Show in Los Angeles 2019 The market is preparing for new shares: The sports car manufacturer Porsche announced its IPO late Monday evening. The shares of Porsche AG are also to be offered to small investors as part of a public offering in Germany and five… Continue reading German Handelsblatt: IPO: Porsche shares for small investors: What private investors should consider005169
Category: News Type
TSD to Manage Maserati Service Loaner Vehicle Program
TSD’s solutions are used across 84 countries and six continents. The company recently expanded to offer pickup and delivery capabilities. Photo: TSD Mobility software provider TSD Mobility Solutions announced it has become the official software provider for the Maserati Service Loaner Vehicle Program, effective this month. Maserati North America selected TSD after reviewing the success of Maserati’s parent company,… Continue reading TSD to Manage Maserati Service Loaner Vehicle Program
Fleet Sales Increase in August, YOY
Commercial and government fleets sales rose at a healthy clip, but rental declined in August YOY. Graphic: Cox Automotive Sales into large fleets, not including sales into dealer and manufacturer fleets, increased 0.8% month over month in August to 128,464 units, according to an early estimate from Cox Automotive released Sept. 7. Combined sales into… Continue reading Fleet Sales Increase in August, YOY
Wholesale Used-Vehicle Prices Take Big Dip in August
All major market segments saw seasonally adjusted prices that were higher year over year in August, except for full-size cars. Graphic: Cox Automotive Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 4% in August from July, according to the Manheim Used Vehicle Value Index released Sept. 8. The index declined to… Continue reading Wholesale Used-Vehicle Prices Take Big Dip in August
Elise Raises $14.8M in Series A Funding
Elise, a Bremen, Germany-based provider of a connected engineering platform, raised $14.8M in Series A funding. The round was led by Spark Capital, with participation from BMW i Ventures, Cherry Ventures, UVC Partners, and Venture Stars. The company intends to use the funds to expand operations and its business reach. Co-founded in 2018 by Daniel… Continue reading Elise Raises $14.8M in Series A Funding
PV, 2- and 3-wheeler wholesales up 18% in August, OEMs eye festive season gains
The automobile wholesales numbers for August 2022 are out, released by apex industry body Society of Indian Automobile Manufacturers (SIAM). Total despatches of three vehicle segments – passenger vehicles, two- and three-wheelers – add up to 18,77,072 units, up a strong 18% year on year (August 2021: 15,94,573 units). SIAM did not release the data… Continue reading PV, 2- and 3-wheeler wholesales up 18% in August, OEMs eye festive season gains
August PV production up 25 percent: SIAM
While domestic wholesale (despatches to dealers) of total passenger vehicles (PVs) has gone up by 21 percent year-on-year at 281,210 units in August, compared to 2,32,224 units in same month last year, production of cars, utility vehicles and vans rose from 266,748 units to 333,484 units, up 25 percent YoY. Production figures are a good… Continue reading August PV production up 25 percent: SIAM
VINFAST DELIVERS THE FIRST 100 VF 8 ALL-ELECTRIC SUVS, AND IS READY FOR GLOBAL EXPORT
VinFast delivered the first 100 VF 8s to customers in Vietnam The first global delivery is expected to be in December 2022 HAI PHONG, Vietnam, Sept. 10, 2022 /PRNewswire/ — At the VinFast manufacturing complex in Hai Phong, VinFast held an event to celebrate the deliveries of the first batch of 100 VF 8 all-electric… Continue reading VINFAST DELIVERS THE FIRST 100 VF 8 ALL-ELECTRIC SUVS, AND IS READY FOR GLOBAL EXPORT
NASA Hosts National Space Council Meeting, Vice President Chairs Event
WASHINGTON, Sept. 9, 2022 /PRNewswire/ — Vice President Kamala Harris highlighted the importance of climate, human spaceflight, and STEM education during the Biden-Harris Administration’s second National Space Council meeting Friday, held at NASA’s Johnson Space Center in Houston. Continue Reading National Space Council Meeting led by Chairwoman, Vice President Kamala Harris. Photo Date: September 9,… Continue reading NASA Hosts National Space Council Meeting, Vice President Chairs Event
Marvel is getting the ‘Pokémon Go’ treatment thanks to Niantic
Marvel has teamed up with Pokémon Go developer Niantic to create an augmented reality mobile game that will be available worldwide next year. In Marvel World of Heroes, you can create your own superhero in a Marvel game for the first time, according to a Niantic blog post. Players will be able to forge their hero’s… Continue reading Marvel is getting the ‘Pokémon Go’ treatment thanks to Niantic