Fleet sales were expected to increase as new-vehicle inventory improved, but the fleet sales pace has come back more quickly than expected. Graphic: Cox Automotive Sales into large fleets, not including sales into dealer and manufacturer fleets, increased 27.7% year over year in March to 225,200 units, according to an early estimate from Cox Automotive… Continue reading March Fleet Sales Rise, Rental Up 46% YOY
Category: Automotive
Here’s Why Vltava Fund Sold Magna International (MGA)
Vltava Fund, an investment management company, recently released its first quarter 2023 investor letter. A copy of the same can be downloaded here. The firm believes that the greatest potential risk for value destruction in asset allocation is through acquisitions. More than 80% of the Fund’s portfolio is comprised of stocks of companies that place buying… Continue reading Here’s Why Vltava Fund Sold Magna International (MGA)
Arrival pulls a double SPAC, Tesla keeps slashing prices and New York Auto Show highlights
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point… Continue reading Arrival pulls a double SPAC, Tesla keeps slashing prices and New York Auto Show highlights
The petty shall inherit the pennies
Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. Today we are talking about crypto, Uber and how to be petty at… Continue reading The petty shall inherit the pennies
Savory and Partners: Portugal D7 Visa: A popular route to Residency
DUBAI, UAE, April 8, 2023 /PRNewswire/ — Portugal offers a wide range of immigration channels to prospective residents, the most prominent being, the golden visa. But another Portuguese immigration option has been gaining popularity in recent years, the D7 visa. What is the D7 The D7 visa is a route for people with stable, passive income… Continue reading Savory and Partners: Portugal D7 Visa: A popular route to Residency
Accor and Jin Jiang Hotels sign Memorandum of Understanding to jointly drive sustainable practices across the hospitality industry
The two hospitality leaders join forces to drive innovative development methods in the hotel industry BEIJING, April 7, 2023 /PRNewswire/ — The Fifth Meeting of the Council of China-France Entrepreneurs was held yesterday in Beijing. It was attended by the heads of state of China and France, representatives from both Chinese and French governments and entrepreneurs. The… Continue reading Accor and Jin Jiang Hotels sign Memorandum of Understanding to jointly drive sustainable practices across the hospitality industry
Zoomlion Releases 2022 Annual Report: International Business Up 70%
CHANGSHA, China, April 7, 2023 /PRNewswire/ — On March 30, Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) released its 2022 annual report. Key highlights: The company secured operating revenue of RMB 41.631 billion ($6.051 billion), and a net profit attributable to shareholders of the listed company of RMB 2.306 billion ($335.2 million). Zoomlion’s… Continue reading Zoomlion Releases 2022 Annual Report: International Business Up 70%
Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, April 7, 2023 /PRNewswire/ — Industrial Vehicles Market size will grow to USD 49.2 billion by 2028 (forecast year) from USD 39.7 billion in 2023 (estimated year), at a CAGR of 4.4% during 2023-2028 period, according to a new report by MarketsandMarkets™. Factors such as growing e-commerce industry, paired with increasing focus on workplace safety are expected… Continue reading Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™
J&T Express Celebrates Its Fourth Anniversary in Thailand
BANGKOK, April 7, 2023 /PRNewswire/ — J&T Express, a global logistics service provider, celebrated its fourth anniversary in Thailand themed “Parcel Story of 4ever Friendship”. Continue Reading J&T Express Celebrates Its Fourth Anniversary in Thailand Since its launch in Thailand in March 2019, J&T Express has quickly grown into a leading delivery service provider. Through its… Continue reading J&T Express Celebrates Its Fourth Anniversary in Thailand
Unmanned Traffic Management (UTM) Market Size to Grow USD 3.1 Billion by 2031 at a CAGR of 15.7% | Valuates Reports
BANGALORE, India, April 6, 2023 /PRNewswire/ — The Global Unmanned Traffic Management Market is Segmented by Component (Hardware, Software), by Application (Agriculture and Forestry, Logistics and Transportation, Surveillance and Monitoring), by End User (Drone Operators or Pilots, Recreational Users, Airports, Emergency Service and Local Authorities): Global Opportunity Analysis and Industry Forecast, 2021-2031. It is published in Valuates… Continue reading Unmanned Traffic Management (UTM) Market Size to Grow USD 3.1 Billion by 2031 at a CAGR of 15.7% | Valuates Reports