The U.S. car rental industry saw overall revenues of $28.1 billion in 2021 — a 21% gain over the prior year. This and more inside! Auto Rental News announces that its 2022 Fact Book is now available to read online. The 34th edition of this annual publication provides new insight, data, and analysis covering the car rental… Continue reading 2022 Auto Rental News Fact Book Now Online
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VW Financial Services UK’s Rent-a-Car Program Up 144%
Online bookings have sky-rocketed, with more than 220% growth compared to 2020. Photo courtesy of Volkswagen. Volkswagen Financial Services UK’s (VWFS) Rent-a-Car service released figures showing that there has been an increase in rental bookings this year. Volkswagen saw a 144% rise in rental bookings in November compared to the same period last year, and predicts an increased… Continue reading VW Financial Services UK’s Rent-a-Car Program Up 144%
Chinese silicon wafer maker Meike closes $188m in Series B round …
Premium Chinese silicon wafer manufacturer Jiangsu Meike Solar Technology has raised 1.2 billion yuan ($188.3 million) in a Series B round of financing led by the country’s state-owned investor Beijing Financial Street Capital, the investee announced on Wednesday. Go to Source
Indian B2B marketplace Jumbotail raises $85m led by Artal Asia
Jumbotail, a business-to-business (B2B) marketplace for food and grocery products, has raised $85 million in its Series C round led by Artal Asia, per an announcement. Ajax Capital, the family office of veteran FMCG entrepreneur Ajay Gupta, also participated in the round. This marks the Series C round for the company that saw a combination of… Continue reading Indian B2B marketplace Jumbotail raises $85m led by Artal Asia
China Digest: NeoCura raises $78m; Xiaomi backs Synapsor
NeoCura has secured 500 million yuan ($78 million) Series A+ capital. In a separate development, Xiaomi has led a funding round in AI medical management platform Synapsor. NeoCura nets $78m in Series A+ round Biotech firm NeoCura has secured 500 million yuan ($78 million) in a Series A+ round. The lead investors are state-backed PICC Group’s… Continue reading China Digest: NeoCura raises $78m; Xiaomi backs Synapsor
Double digit growth hopes brighten 2022 horizon despite chip shortage concerns
Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With demand for premium and technologically advanced products on the rise, India’s Rs 75,000 crore appliances and consumer electronics… Continue reading Double digit growth hopes brighten 2022 horizon despite chip shortage concerns
Global goods trade hits Covid bumps as risks tilt to downside
The Geneva-based WTO said North American and European imports were weaker than expected, and exports from both regions declined. Now the omicron variant of the Covid-19 virus has “tipped the balance of risks towards the downside” the WTO said. Supply chain disruptions and rising Covid-19 cases reduced the volume of global merchandise trade by 0.8%… Continue reading Global goods trade hits Covid bumps as risks tilt to downside
LG’s First-Ever UltraGear Gaming Laptop Delivers Maximum Power and Convenience
December 20, 2021 LG’s First-Ever UltraGear Gaming Laptop Delivers Maximum Power and Convenience Open share list Share this content. Fully-equipped Gaming Laptop Boasts the Hardware, Performance and FeaturesToday’s Gamers Demand SEOUL, Dec. 20, 2021 — LG Electronics (LG) today unveiled its first gaming laptop (model 17G90Q), expanding its premium UltraGearTM lineup and bringing exciting news… Continue reading LG’s First-Ever UltraGear Gaming Laptop Delivers Maximum Power and Convenience
Ducati’s first electric motorcycle breaks cover, goes racing
The Ducati MotoE motorcycle took to the track for the first time at the Misano World Circuit Marco Simoncelli, right where the agreement with Dorna Sports was announced in October. Starting from the 2023 season, the Borgo Panigale motorcycle manufacturer will be the sole supplier of motorcycles for the FIM Enel MotoE World Cup, the… Continue reading Ducati’s first electric motorcycle breaks cover, goes racing
Valeo to reveal five innovations and e-motorcycle at CES 2022
Tier 1 supplier Valeo is to reveal five innovations at CES 2022, which it says will transform and shape cleaner, safer, more autonomous, more connected mobility. CES is to held in Las Vegas from January 5 to 8. As a leading partner for EV OEMs, Valeo says it has developed technologies from small urban vehicles to high-performance… Continue reading Valeo to reveal five innovations and e-motorcycle at CES 2022