Category: Newswire

Russia and UAE plan to discuss orders and sales of Aurus cars in November

MOSCOW, October 16. /TASS/. The Russian Ministry of Industry and Trade and the Tawazun Economic Council are planning to discuss orders and planned sales of Aurus line of executive-class vehicles in November, the ministry's press service told TASS.
“The visit of the President of Russia to the UAE, undoubtedly, gave an additional impetus to the development of cooperation and sparked special interest in the brand. Therefore, together with Tawazun, specific actions are being worked out to develop Aurus for the coming year. With regard to orders for cars and planned sales volumes, we will discuss it in more detail with colleagues from Tawazun (participates in the Aurus project – TASS) at the next Aurus board of directors meeting, which will be held in Abu Dhabi in late November,” the ministry said.
The ministry also noted “huge interest” of the Middle Eastern countries in the Aurus brand.
Minister of Industry and Trade Denis Manturov said earlier that since February 2018, more than 600..

ParkHub Welcomes Cliff Wickstrum as VP of Sales Operations

DALLAS, Oct. 21, 2019 /PRNewswire/ — ParkHub, the leading B2B parking technology provider, today announced the company has hired Cliff Wickstrum to assume the role of VP of Sales Operations. Wickstrum is joining the organization under the direction of Laurens Eckelboom, ParkHub’s Chief Revenue Officer, to optimize systems and processes integral to the company’s business development.… Continue reading ParkHub Welcomes Cliff Wickstrum as VP of Sales Operations

Volvo Group Venture Capital Invests in Cybersecurity

GÖTEBORG, Sweden, Oct. 21, 2019 /PRNewswire/ — Volvo Group Venture Capital AB has invested in Upstream Security, a leading Israeli automotive cybersecurity company. The investment will fund the development of systems to protect connected vehicles following the introduction of data-driven technologies. Upstream Security is a Tel Aviv-based start-up company which provides cybersecurity solutions designed specifically… Continue reading Volvo Group Venture Capital Invests in Cybersecurity

CATL starts construction of its first overseas factory in Germany

ERFURT, Germany, Oct. 18, 2019 /PRNewswire/ — A groundbreaking ceremony for the first overseas factory of the world’s leading lithium-ion battery maker Contemporary Amperex Technology Co. Limited (CATL) took place on October 18 in Thuringia, a state in east-central Germany, marking the start of construction of the first lithium-ion battery factory in Germany. “Germany is home… Continue reading CATL starts construction of its first overseas factory in Germany