NEW YORK and LONDON, July 13, 2022 /PRNewswire/ — Monarch Alternative Capital LP, a leading investment firm with approximately $9.4 billion of assets under management, announced the purchase of three hotels in Orlando, Florida. Given the firm’s established reputation within the market, Monarch was able to acquire the newly-built, high quality properties located in Orlando submarkets… Continue reading Monarch Alternative Capital Grows Orlando Hospitality Portfolio through Multiple Acquisitions
Category: Automotive
Amtrak, the Vermont Agency of Transportation, and the New York State Department of Transportation Announce Ticket Sales for the Newly Expanded Ethan Allen Express Service in Burlington, Vergennes, and Middlebury
Extension of service will reach the most populous city in Vermont with access to bustling downtown, arts and culture, and local colleges BURLINGTON, Vt., July 13, 2022 /PRNewswire/ — Amtrak, in conjunction with the Vermont Agency of Transportation (AOT), is now selling Ethan Allen Express tickets for daily travel between Burlington and New York City, including… Continue reading Amtrak, the Vermont Agency of Transportation, and the New York State Department of Transportation Announce Ticket Sales for the Newly Expanded Ethan Allen Express Service in Burlington, Vergennes, and Middlebury
UPGRADED B747-400 FULL FLIGHT SIMULATOR ARRIVES TO PAN AM’s NEW FACILITIES THIS SUMMER
MIAMI , July 13, 2022 /PRNewswire/ — Pan Am Flight Academy announced the acquisition of its second, Level D, Boeing 747-400, Full Flight simulator. This new simulator is being relocated from Thailand and is expected to arrive at the Port of Miami in late July. The simulator will be installed at the new Pan Am Flight Academy… Continue reading UPGRADED B747-400 FULL FLIGHT SIMULATOR ARRIVES TO PAN AM’s NEW FACILITIES THIS SUMMER
CPO Sales Down Again in June 2022
Cox data shows that CPO sales peaked in April but were down in both May and June. Source: Cox Automotive Certified pre-owned (CPO) sales in May fell to 205,924 units, down 1% from May’s 208,423 unit sales and down nearly 17% from June 2021, according to a new Cox Automotive report. So far in 2022,… Continue reading CPO Sales Down Again in June 2022
NuVinAir Grows Franchise Footprint to 32 States
NuVinAir produces a range of interior cleaning products, including Cyclone that eliminates odors and fits into the cupholder of any vehicle. With its recent expansion, several employees are moving to new regions. Photo: NuVinAir NuVinAir, a cleaning technology company that caters to car rental companies, dealerships, and other automotive business, announced the expansion of its… Continue reading NuVinAir Grows Franchise Footprint to 32 States
Geely launches new EV brand Radar with electric pick-up truck
Chinese car giant Geely has today launched another EV brand and shown off its first venture: an electric pick-up truck. Called Radar Auto, the brand is “starting with trucks but is much more than just trucks”, promising to create a large electric portfolio also including SUVs and even ATVs. Its debut vehicle, the RD6, will be built on Geely’s… Continue reading Geely launches new EV brand Radar with electric pick-up truck
Panasonic claims new battery tech will increase range by 20%
Major battery supplier Panasonic has claimed its new technology could increase range by 20%, allowing for roomier and lighter EVs. The Japanese company is working to make its batteries more energy-dense. This would mean the same size pack could deliver a longer range and give manufacturers the chance to use smaller batteries without forfeiting any distance. To do this,… Continue reading Panasonic claims new battery tech will increase range by 20%
@FCA: Jeep® Brand Debuts Two New Wrangler Exterior Color Options for 2023 Model Year
July 13, 2022 , Auburn Hills, Mich. – Jeep® brand continues to keep its color palette fresh, giving Jeep enthusiasts the ability to order a custom look straight from the factory with not one, but two new exterior production colors on the 2023 model-year Jeep Wrangler: Earl and limited-production Reign. First showcased on the Gladiator Farout… Continue reading @FCA: Jeep® Brand Debuts Two New Wrangler Exterior Color Options for 2023 Model Year
Canoo (GOEV) and Walmart Enter Into Agreement for 4.5K LDVs
Electric vehicle startup, Canoo Inc. GOEV, recently signed a definitive agreement with Walmart Inc. WMT. According to the deal, WMT will buy at least 4,500 of Canoo’s upcoming electric delivery vans, beginning with the Lifestyle Delivery Vehicle (LDV), and will have the option to purchase up to 10,000 units. Post the announcement, shares of Canoo… Continue reading Canoo (GOEV) and Walmart Enter Into Agreement for 4.5K LDVs
Westport (WPRT) Secures Deal for LPG Supply to a Key OEM
Westport Fuel Systems Inc. WPRT recently announced that it has been awarded a program to develop and supply liquefied petroleum gas (LPG) systems for a wide range of vehicle applications to a global original equipment manufacturer (OEM). The contract is estimated to generate €38 million in revenues through the end of 2025. Production is expected… Continue reading Westport (WPRT) Secures Deal for LPG Supply to a Key OEM