German FAZ: Complete renunciation of gas in power generation not possible003850

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German FAZ: Via algorithm to target 003850

The founders: Tom Kirschbaum (left) and Maxim Nohroudi Image: Julia Zimmerman In German cities there are now many providers who offer trips in minibuses via app. The start-up Door 2 Door supplies the software – and complains that new types of mobility usually end after pilot projects. Technology providers are sometimes subject to a special… Continue reading German FAZ: Via algorithm to target 003850

German Manager Magazin: BYD: “Tesla-Jäger” from China will start in Germany and Sweden in 2022001952

It’s hard to imagine that it will stay that way, but the Chinese one electric car builder BYD recently has the market leader Tesla with its sales figures overtaken in the first half of the year – also because the competitor in the Far East with its production facilities was largely spared from lockdowns. Now… Continue reading German Manager Magazin: BYD: “Tesla-Jäger” from China will start in Germany and Sweden in 2022001952

German Manager Magazin: Ferrari: record profit, but the fabulous return is crumbling001952

Ferrari has achieved record results thanks to high demand for its luxury sports cars and is raising its forecast. Earnings before interest, taxes, depreciation and amortization (Ebitda) climbed 15 percent to 446 million euros in the second quarter, beating analysts’ expectations. The bottom line is that the company recorded a profit of 251 million euros,… Continue reading German Manager Magazin: Ferrari: record profit, but the fabulous return is crumbling001952

Global $46.2 Bn Passenger Information System (Railways, Roadways, Airways and Waterways) Markets to 2027

DUBLIN, Aug. 2, 2022 /PRNewswire/ — The “Passenger Information System Market by Component (Solutions and Services), Location (On Board and In Station), Transportation Mode (Railways (Trains and Trams), Roadways, and Airways and Waterways) and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The global passenger information system market size is… Continue reading Global $46.2 Bn Passenger Information System (Railways, Roadways, Airways and Waterways) Markets to 2027

KAR Global Announces Cash Tender Offer for Notes

CARMEL, Ind., Aug. 2, 2022 /PRNewswire/ — KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR) (the “Company”), today announced that it commenced a cash tender offer (the “Tender Offer”) to purchase its 5.125% Senior Notes due 2025 (CUSIP Nos. 48238TAA7 / U24457AA8) (the “Notes”) in a principal amount of up to $600,000,000, exclusive of… Continue reading KAR Global Announces Cash Tender Offer for Notes

Meritor Reports Third-Quarter Fiscal Year 2022 Results

TROY, Mich., Aug. 2, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter that ended June 30, 2022. Third-Quarter Highlights Sales of $1,212 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $73 million Diluted earnings per share from continuing operations of… Continue reading Meritor Reports Third-Quarter Fiscal Year 2022 Results

Aspen Aerogels, Inc. Appoints James Sweetnam to Board of Directors

NORTHBOROUGH, Mass., Aug. 2, 2022 /PRNewswire/ — Aspen Aerogels, Inc. (NYSE: ASPN) (“Aspen” or the “Company”), a technology leader in sustainability and electrification solutions, today announced the appointment of James Sweetnam to its Board of Directors, increasing the size of the Board to eight members. Continue Reading James Sweetnam Jim previously served as the President… Continue reading Aspen Aerogels, Inc. Appoints James Sweetnam to Board of Directors

KAR Auction Services, Inc. Reports Second Quarter 2022 Financial Results

KAR completed the sale of its ADESA U.S. physical auction business to Carvana and is using the proceeds to reduce debt The company has over $800 million of available cash as of June 30, 2022 The company is concurrently announcing a tender offer to purchase up to $600 million principal amount of senior notes Repurchased… Continue reading KAR Auction Services, Inc. Reports Second Quarter 2022 Financial Results