DUBLIN, Nov. 4, 2022 /PRNewswire/ — The “2022 Automotive Marketplaces Report” report has been added to ResearchAndMarkets.com’s offering. Roller coaster economic times. Meteoric rises and spectacular flameouts. The hunt for used cars. Online dealers, one-time darlings of the automotive business, are fighting for survival. The report was based in part on more than 100 interviews… Continue reading Global Automotive Marketplaces Report 2022: Identify the Top 50 Largest Automotive Marketplace and Classified Sites
Category: Automotive
What is the fastest car in the world? World’s fastest production cars 2022 / 2023
The title of ‘fastest car in the world’ is one that carmakers and racing drivers have been fighting over since the very earliest days of the motor car. Today, with advanced aerodynamics, lightweight technology and electrification entering the equation, these record road car speeds are reaching some pretty astonishing highs, with some cars even starting… Continue reading What is the fastest car in the world? World’s fastest production cars 2022 / 2023
Bukalapak sees 25-year runway, no need for fundraisingThe firm had raked in $1.52b from its IPO in August last year.
Indonesian listed technology group Bukalapak has enough cash to cover its operations for the next 25 years on the back of efficient cost management and improving performance, a senior executive said on Friday. “At this time, with the current cash position, we don’t see the need for fundraising at all — maybe ever,” Teddy Oetomo,… Continue reading Bukalapak sees 25-year runway, no need for fundraisingThe firm had raked in $1.52b from its IPO in August last year.
Indonesian digital lender Neo Commerce targets first full-year profit next year
Indonesian digital lender PT Bank Neo Commerce (BNC) expects to book its first full–year profit next year since launching its online services in 2021, its president director said, even as lenders in the sector compete to offer high deposit rates to lure customers. Southeast Asia’s biggest economy has seen double-digit growth in digital banking transactions in the past few years with transactions in 2022 set to grow 30% to 53,144… Continue reading Indonesian digital lender Neo Commerce targets first full-year profit next year
Twitter temporarily shuts offices as layoffs begin
Twitter Inc temporarily closed its offices on Friday after telling employees they would be informed by email later in the day about whether they are being laid off. The move follows a week of uncertainty about the company’s future under new owner Elon Musk. The social media company said in an email to staff it would tell them by 9… Continue reading Twitter temporarily shuts offices as layoffs begin
Energy price crisis “potentially over within a couple of years”
Recent investment in renewable energy will ensure the current supply and price crisis can be overcome within a couple of years, founder of intelligent charging provider Ohme, Dave Watson, has told Autocar. Reflecting on the energy issues currently dominating headlines, Watson said: “Green energy is coming on tap fast. The investment began years ago and… Continue reading Energy price crisis “potentially over within a couple of years”
Magna (MGA) Q3 Earnings and Revenues Lag Estimates
Magna (MGA) came out with quarterly earnings of $1.07 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.31%. A quarter ago, it was expected that this… Continue reading Magna (MGA) Q3 Earnings and Revenues Lag Estimates
Magna Announces Third Quarter 2022 Results
Magna International Inc. Swamy Kotagiri, Magna’s Chief Executive Officer “In the third quarter, we managed through an operating environment that remains challenged by ongoing production schedule volatility and elevated energy costs in Europe. We continue to take steps to address the short-term industry turbulence as well as operating inefficiencies at certain facilities, while remaining focused… Continue reading Magna Announces Third Quarter 2022 Results
Eaton Corporation plc (NYSE:ETN) Will Pay A US$0.81 Dividend In Four Days
It looks like Eaton Corporation plc (NYSE:ETN) is about to go ex-dividend in the next 4 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company’s books as a shareholder in order to receive the… Continue reading Eaton Corporation plc (NYSE:ETN) Will Pay A US$0.81 Dividend In Four Days
Autoliv launches holistic approach to motorcycle safety to save more lives
STOCKHOLM and MILAN, Nov. 4, 2022 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, is looking beyond the car and developing a series of products to significantly improve motorcycle safety. The concepts include the world’s first motorcycle helmet with an integrated airbag for enhanced head protection in collaboration… Continue reading Autoliv launches holistic approach to motorcycle safety to save more lives