Union officials told Reuters there were no ongoing negotiations or dialogue with the government. By Ju-min Park and Heekyong Yang South Korean President Yoon Suk-yeol warned the government might step in to break up a nationwide strike by truckers, describing it as an illegal and unacceptable move to take the national supply chain “hostage” during… Continue reading South Korea president warns of crackdown as trucker strike enters second day
Category: Automotive
@Groupe PSA: PR First amendment to the 2021 universal registration document004770
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@Groupe PSA: PR Universal Registration Document 2021004769
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@BMW: BMW Group to invest more than 2 billion euros in Hungarian Plant Debrecen by 2025002428
+++ In addition to vehicle production, BMW Group builds high-voltage battery assembly at Plant Debrecen +++ More than 500 additional jobs to be created by 2025 +++ Production of NEUE KLASSE starts here +++ Debrecen, Hungary. TheBMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site… Continue reading @BMW: BMW Group to invest more than 2 billion euros in Hungarian Plant Debrecen by 2025002428
Crypto Contagion Is Spreading, Fast
To ensure Genesis wasn’t hamstrung by the loss, its parent company, Digital Currency Group (DCG), bailed it out. But in the aftermath, Genesis cut 20 percent of its workforce to reduce costs and Michael Moro, its long-time CEO, stepped down. Genesis again found itself on the wrong side of a collapse earlier this month; when FTX filed for… Continue reading Crypto Contagion Is Spreading, Fast
India’s Ultraviolette Automotive raises funding from Qualcomm
BENGALURU — TVS Motor-backed electric bike maker Ultraviolette Automotive has raised funding from Qualcomm Ventures and Lingotto, the largest shareholder in Italian sports carmaker Ferrari, as it looks to expand its operations and ramp up its technology. This marks a part of the Series D round for the company. Go to Source
China EV startup WM Motor cuts wages amid rising losses: sources
WM Motor Holdings is cutting salaries by half for management and nearly a third for staff members, Caixin has learned, as the electric vehicle startup struggles with sluggish sales and ballooning losses. The Shanghai-based automaker began the cost-control measures in October, also canceling annual bonuses and vehicle purchases subsidies, the source said, citing a Monday… Continue reading China EV startup WM Motor cuts wages amid rising losses: sources
Floating on Cloud Nine: Emma Transforms Ferris Wheel Carriage into a Bedroom
Emma is giving away free rides in its Cloud Nine capsule this weekend, which soars over 200 feet above the Austrian capital Visitors have the chance to enjoy spectacular views over Vienna from the comfort of a bed VIENNA, Nov. 25, 2022 /PRNewswire/ — Float on Cloud Nine this weekend with a free ride in Emma’s… Continue reading Floating on Cloud Nine: Emma Transforms Ferris Wheel Carriage into a Bedroom
Air Traffic Management Market to Reach $17.7 Billion, Globally, by 2031 at 7.5% CAGR: Allied Market Research
Increase in air traffic across the world, modernization of air traffic management infrastructure, and greater need for improved air safety drive the growth of the global air traffic management market. PORTLAND, Ore., Nov. 25, 2022 /PRNewswire/ — Allied Market Research published a report, titled, “Air Traffic Management Market by System (Air Traffic Services, Air Traffic Flow Management,… Continue reading Air Traffic Management Market to Reach $17.7 Billion, Globally, by 2031 at 7.5% CAGR: Allied Market Research
La apertura del ferrocarril Zuunbayan-Khangi será un gran impulso a las exportaciones y la economía mongolesa
ULAANBAATAR, Mongolia, 25 de noviembre de 2022 /PRNewswire/ — El primer ministro de Mongolia, L. Oyun-Erdene, ha inaugurado hoy un importante nuevo enlace ferroviario que ofrecerá un impulso significativo para la competitividad de las exportaciones y la economía en general del país como parte de la «Nueva Política de Recuperación» del gobierno. El ferrocarril Zuunbayan-Khangi, que… Continue reading La apertura del ferrocarril Zuunbayan-Khangi será un gran impulso a las exportaciones y la economía mongolesa