Workers are busy at the production line at SAIC Motor’s Lingang plant in Shanghai, on April 23, 2022. [Photo/VCG] Several vehicle manufacturers in Shanghai are expected to restore normal production at the beginning of this month as the city has seen a significant drop in COVID-19 cases and gradually eases prevention measures, China Securities Journal… Continue reading Shanghai’s auto sector kicks back into gear
Category: News Type
China relaxes restrictions, cuts taxes to boost auto sales
Visitors inspect electric vehicles on display at the 2022 Haikou International New Energy Vehicles & Connected Mobility Show, held in January in Hainan province. [Photo by Zhang Junqi/For China Daily] BEIJING – China will halve the purchase tax for eligible passenger vehicles and ease restrictions to spur auto sales and underpin consumption, authorities said. The… Continue reading China relaxes restrictions, cuts taxes to boost auto sales
Musk: China ‘leading world’ in renewable energy
Tesla’s Shanghai gigafactory is located in the city’s Lingang Industrial Area. [Photo/China Daily] Few seem to realize China is leading the world in renewable energy generation and electric vehicles, Elon Musk, Tesla’s CEO said via Twitter on Monday, adding, “Whatever you may think of China, this is simply a fact,” reported Guancha.cn. In the next… Continue reading Musk: China ‘leading world’ in renewable energy
Buyers enticed by large space and comfort of premium MPVs
The Buick GL8, here on display at an auto show held in Xi’an, Shaanxi province, is the best-selling multipurpose vehicle produced by SAIC GM. [Photo provided to CHINA DAILY] A growing number of Chinese and international carmakers are jumping on the bandwagon of premium multipurpose vehicles, or MPVs, eyeing opportunities brought by larger families and… Continue reading Buyers enticed by large space and comfort of premium MPVs
NASA Selects New Instruments for Priority Artemis Science on Moon
WASHINGTON, June 2, 2022 /PRNewswire/ — Adding to the growing list of commercial deliveries slated to explore more of the Moon than ever before under Artemis, NASA has selected two new science instrument suites, including one that will study the mysterious Gruithuisen Domes for the first time. These payload suites mark the second selection through… Continue reading NASA Selects New Instruments for Priority Artemis Science on Moon
TRAVELERS CAN’T HELP FALLING IN LOVE WITH BOOKING.COM’S ULTIMATE ELVIS EXPERIENCE AT GRACELAND
Warner Bros. Pictures brings Baz Luhrmann’s Elvis to the world, showcasing the story behind the legend. The movie is set to hit the big screen across the U.S. this summer, just in time for Booking.com’s Ultimate Elvis Experience. It’s now or never for only a few lucky fans to get the VIP treatment at a… Continue reading TRAVELERS CAN’T HELP FALLING IN LOVE WITH BOOKING.COM’S ULTIMATE ELVIS EXPERIENCE AT GRACELAND
Ship, Ship, Hooray! UnCruise UnDad Nominations Are Open Just in Time for Father’s Day
CEO of UnCruise Adventures, Captain Dan Blanchard, states, “One of the greatest joys of my life has been being a father. I want others to experience the closeness I’ve shared with my kids through nature, adventure, and small ships. The aspirations I set for myself within my company have also been followed by my kids… Continue reading Ship, Ship, Hooray! UnCruise UnDad Nominations Are Open Just in Time for Father’s Day
SUNSTONE HOTEL INVESTORS COMPLETES ACQUISITION OF THE CONFIDANTE MIAMI BEACH AND PROVIDES BUSINESS UPDATE
IRVINE, Calif., June 2, 2022 /PRNewswire/ — Sunstone Hotel Investors, Inc. (the “Company” or “Sunstone”) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today announced that it has completed the previously announced acquisition of the 339-room The Confidante Miami Beach (the “Hotel”) for a purchase price of $232 million, or… Continue reading SUNSTONE HOTEL INVESTORS COMPLETES ACQUISITION OF THE CONFIDANTE MIAMI BEACH AND PROVIDES BUSINESS UPDATE
DIAMONDROCK HOSPITALITY DECLARES DIVIDEND ON 8.250% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK
BETHESDA, Md., June 2, 2022 /PRNewswire/ — DiamondRock Hospitality Company (the “Company”) (NYSE: DRH) today announced that its Board of Directors has declared a dividend of $0.515625 per share on its 8.250% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on June 30, 2022 to shareholders of record as of June 17, 2022. … Continue reading DIAMONDROCK HOSPITALITY DECLARES DIVIDEND ON 8.250% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK
Core Molding Technologies to Present Virtually and Host 1×1 Investor Meetings at the 12th Annual East Coast IDEAS Investor Conference on June 22nd & 23rd
COLUMBUS, Ohio, June 2, 2022 /PRNewswire/ — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced David Duvall,… Continue reading Core Molding Technologies to Present Virtually and Host 1×1 Investor Meetings at the 12th Annual East Coast IDEAS Investor Conference on June 22nd & 23rd