Stellantis plans to “explore alternative business models,” such as subscriptions and car sharing, when it launches its all-electric Fiat 500e in the U.S. in the first quarter of 2024, Fiat CEO Olivier Francois told TechCrunch at the 2022 Los Angeles Auto Show. The exec did not rule out limiting the 500e’s U.S. launch entirely to… Continue reading Fiat CEO teases subscriptions, car-sharing for all-electric 500e launch in US
Category: Automotive
Hyundai’s hydrogen fuel cell concept hints at the performance N brand’s future
Hyundai revealed Thursday a hydrogen fuel cell hybrid concept vehicle called the N Vision 74 that the company says demonstrates the performance sub-brand’s vision for electrification. The Hyundai N sub-brand, the performance-focused arm of the automaker, has been applied to a range of production vehicles since its founding in 2015 from the Hyundai Veloster N… Continue reading Hyundai’s hydrogen fuel cell concept hints at the performance N brand’s future
BrightDrop is tracking $1 billion revenue in 2023
General Motors’ e-delivery van subsidiary BrightDrop said Thursday it’s on track to reach $1 billion in revenue next year. The company, which launched in 2021 and was incubated at the automaker’s global innovation center, said reaching the financial milestone would make it one of the quickest tech startups to reach unicorn status, ahead of Apple,… Continue reading BrightDrop is tracking $1 billion revenue in 2023
ZTO to Pursue Voluntary Conversion to Dual-primary Listing on The Main Board of The Stock Exchange of Hong Kong Limited
SHANGHAI, Nov. 17, 2022 /PRNewswire/ — ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China (“ZTO” or the “Company”), today announced that the board of directors of the Company (the “Board”) approved a motion to pursue the voluntary conversion to dual-primary listing (the “Primary Conversion”) on… Continue reading ZTO to Pursue Voluntary Conversion to Dual-primary Listing on The Main Board of The Stock Exchange of Hong Kong Limited
Hyundai Awarded U.S. News & World Report 2023 Best SUV Brand for Third Consecutive Year
LOS ANGELES, Nov. 17, 2022 /PRNewswire/ — Hyundai was awarded the U.S. News & World Report 2023 Best SUV Brand for the third consecutive year today. It was selected for its lineup that includes capable gas-powered SUVs, as well as fuel-efficient hybrid and EV models in various body styles to suit nearly any buyer need. Continue… Continue reading Hyundai Awarded U.S. News & World Report 2023 Best SUV Brand for Third Consecutive Year
Aptiv to Present at the Barclays Global Automotive and Mobility Tech Conference
DUBLIN, Nov. 17, 2022 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, will present at the Barclays Global Automotive and Mobility Tech Conference, December 1 at 8:40 a.m. Eastern Time. A simultaneous webcast will be available on the Aptiv Investor Relations website at ir.aptiv.com.… Continue reading Aptiv to Present at the Barclays Global Automotive and Mobility Tech Conference
Harrah’s Las Vegas Debuts Ramsay’s Kitchen by Gordon Ramsay
**For high-res images and video from Grand Opening, click here** **For Ramsay’s Kitchen at Harrah’s Las Vegas images and b-roll, click here ** LAS VEGAS , Nov. 17, 2022 /PRNewswire/ — Multi-Michelin-starred chef and television personality Gordon Ramsay has made his flavorful mark in Las Vegas with Caesars Entertainment for the sixth time. Ramsay’s Kitchen, a concept… Continue reading Harrah’s Las Vegas Debuts Ramsay’s Kitchen by Gordon Ramsay
Aptiv Declares Quarterly Preferred Share Dividend
DUBLIN, Nov. 17, 2022 /PRNewswire/ — Aptiv PLC (NYSE: APTV) a global technology company focused on making mobility safer, greener and more connected, today announced that its Board of Directors declared a quarterly cash dividend of $1.375 per share on its 5.50% Series A Mandatory Convertible Preferred Shares, payable on December 15, 2022, to shareholders… Continue reading Aptiv Declares Quarterly Preferred Share Dividend
RAW TRAVEL TV PRESENTS “STEADFAST IN UKRAINE”
– Episode Premieres November 19 & 20, 2022 Documenting Visit to Hopeful Ukraine” – NEW YORK, Nov. 17, 2022 /PRNewswire/ — AIM Tell-A-Vision® Group (AIM TV), producers of the nation’s most-watched travel show, Raw Travel®, announced their episode “Steadfast in Ukraine” featuring a visit to wartime Ukraine this past July will debut this weekend November 19-20, 2022, with a rebroadcast scheduled for… Continue reading RAW TRAVEL TV PRESENTS “STEADFAST IN UKRAINE”
DEALERSHIP PROFITS DIP SLIGHTLY ALONG WITH BLUE SKY VALUES, BUT THE SELLER’S MARKET CONTINUES
FORT LAUDERDALE, Fla., Nov. 17, 2022 /PRNewswire/ — Haig Partners LLC released its closely followed Q3 2022 Haig Report, which tracks trends in auto retail and their impact on dealership values. Dealership profits have peaked due to rising interest rates, inflation, and low consumer confidence, but they are still 2.4x higher than before the Pandemic. Continue Reading… Continue reading DEALERSHIP PROFITS DIP SLIGHTLY ALONG WITH BLUE SKY VALUES, BUT THE SELLER’S MARKET CONTINUES