AlixPartners: As the global automotive market recovers more slowly than anticipated, China is rapidly emerging as an industry superpower

Chinese car manufacturers now lead the world in export volume as the traditional western car industry is running out of time to defend its historic domestic market share. LONDON, June 27, 2023 /PRNewswire/ — With supply chain bottlenecks and raw material shortages becoming a thing of the past, the global market for automobiles is growing… Continue reading AlixPartners: As the global automotive market recovers more slowly than anticipated, China is rapidly emerging as an industry superpower

XTEND DEFENSE ACHIEVES FULL NDAA COMPLIANCE ACROSS ITS RANGE OF HUMAN-GUIDED AUTONOMOUS DRONES

XTENDER, Wolverine and Griffon join pool of trusted, NDAA-compliant drones as XTEND expands US operations and ramps up US-based production to fulfil multiple new contracts With over 1,000 US-made drones set to be produced over the next 24 months to equip US Department of Defense and other partners TEL AVIV, Israel and WASHINGTON, June 27, 2023… Continue reading XTEND DEFENSE ACHIEVES FULL NDAA COMPLIANCE ACROSS ITS RANGE OF HUMAN-GUIDED AUTONOMOUS DRONES

Driving the Future: NoTraffic Accelerates with $50 Million Series B Funding for the Next Generation of Mobility Infrastructure

This latest funding round bolsters the company’s position as a pioneering company digitizing the mobility industry and sets the stage for further growth and innovation TEL AVIV, Israel and PALO ALTO, Calif., June 27, 2023 /PRNewswire/ — NoTraffic, the leading mobility platform, announced today the successful completion of a $50 million Series B funding led by… Continue reading Driving the Future: NoTraffic Accelerates with $50 Million Series B Funding for the Next Generation of Mobility Infrastructure

Robotaxi Market worth $45.7 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, June 27, 2023 /PRNewswire/ — Robotaxi Market, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030, according to a new report by MarketsandMarkets™. The growth of the robotaxi market is influenced by the rising… Continue reading Robotaxi Market worth $45.7 billion by 2030 – Exclusive Report by MarketsandMarkets™

Automotive Silicone Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, June 27, 2023 /PRNewswire/ — The report “Automotive Silicone Market by Type (Elastomers, Resins, Gels, Fluids), Application (Interior & Exterior, Engines, Electrical, Tires) and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) – Global Forecast to 2028″, is projected to reach USD 3.4 billion by 2028, at a CAGR of 7.3%… Continue reading Automotive Silicone Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

Chairman of the Board of Avia Solutions Group Gediminas Ziemelis: The reason your flight is delayed or canceled? A lack of aircraft engines

DUBLIN, June 29, 2023 /PRNewswire/ — Aviation has been plagued by supply-chain constraints which have affected every part of the industry. In the aftermath of the COVID pandemic, engine manufacturers have faced challenges due to a scarcity of skilled mechanics and component shortages. Here, the Chairman of Avia Solutions Group, Gediminas Ziemelis, explains how the… Continue reading Chairman of the Board of Avia Solutions Group Gediminas Ziemelis: The reason your flight is delayed or canceled? A lack of aircraft engines

GMF CAPITAL ACQUIERT MOTORSPORT NETWORK MEDIA LLC

GMF Media va détenir une participation majoritaire dans la plus grande plateforme numérique de sport automobile et de course automobile au monde NEW YORK, 29 juin 2023 /PRNewswire/ — GMF Capital (GMF), le cabinet familial de Gary Fegel et l’une des principales sociétés d’investissement privé, a annoncé aujourd’hui l’acquisition de Motorsport Network Media LLC (MSNM), une plateforme mondiale de médias numériques dans les… Continue reading GMF CAPITAL ACQUIERT MOTORSPORT NETWORK MEDIA LLC

Internationally renowned artist Julie Mehretu will create the 20th BMW Art Car: Start of BMW M Hybrid V8 Art Car at the 24 Hour race of Le Mans in 2024

MUNICH and NEW YORK, June 28, 2023 /PRNewswire/ — BMW announced a collaboration today at the Solomon R. Guggenheim Museum with internationally acclaimed New York-based artist Julie Mehretu to create the 20th BMW Art Car. Mehretu was unanimously chosen by an international jury of 13 museum directors and curators, including Hans Ulrich Obrist (Serpentine Galleries), Richard Armstrong… Continue reading Internationally renowned artist Julie Mehretu will create the 20th BMW Art Car: Start of BMW M Hybrid V8 Art Car at the 24 Hour race of Le Mans in 2024

Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

Accredited to provide trusted solutions for financial and supply chain planning across financial services and tech, media, and telecoms (TMT) sectors; accreditations for other industries and functions are expected soon. LONDON, June 28, 2023 /PRNewswire/ — Vuealta, a global leader in the design and delivery of powerful scenario planning and forecasting software solutions based on… Continue reading Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

GMF CAPITAL ACQUIRES MOTORSPORT NETWORK MEDIA LLC

GMF Media to have Controlling Majority Stake in the World’s Largest Motorsport Racing and Automotive Digital Platform NEW YORK, June 28, 2023 /PRNewswire/ — GMF Capital (GMF), the family office for Gary Fegel and a leading private investment firm, today announced it has completed the acquisition of Motorsport Network Media LLC (MSNM), a global digital… Continue reading GMF CAPITAL ACQUIRES MOTORSPORT NETWORK MEDIA LLC