PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9%

BLOOMFIELD HILLS, Mich., July 19, 2023 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company’s quarterly dividend by $0.06 per share, or 9%, to $0.72 per share. “We… Continue reading PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9%

Two Student Transportation of America Employees Awarded by NSTA for Industry Excellence

WALL, N.J., July 19, 2023 /PRNewswire/ — Student Transportation of America (STA) is pleased to announce that the National School Transportation Association (NSTA) has recognized two of its team members, Senior Vice President of Health & Safety, Shelly Hall and Senior Vice President of Central and Western Operations, Kirk Wilkie, for industry excellence in service,… Continue reading Two Student Transportation of America Employees Awarded by NSTA for Industry Excellence

Cornerstone Specialty Wood Products Announces Leadership Transition with the Retirement of Founder and President Greg Doppler

VP of Sales Scott McGill Assumes President Role in July 2023 CINCINNATI, July 19, 2023 /PRNewswire/ — After more than 22 years of leadership at Cornerstone Specialty Wood Products, LLC® (www.resindek.com), Founder and President Greg Doppler has announced plans to retire at the end of 2023. Doppler invented ResinDek® composite engineered wood flooring panels in… Continue reading Cornerstone Specialty Wood Products Announces Leadership Transition with the Retirement of Founder and President Greg Doppler

Maruti Suzuki partners with Integral University, Lucknow, to offer B. Com in auto retail

The course curriculum has been jointly curated by Maruti Suzuki and Integral University, Lucknow as per the industry requirements, and under the prescribed UGC guidelines. New Delhi: Expanding the scope of skill training offered in the domain of automobile retail, Maruti Suzuki India Limited announced its partnership with Integral University, Lucknow through a memorandum of… Continue reading Maruti Suzuki partners with Integral University, Lucknow, to offer B. Com in auto retail

Pravaig signs pact for EV plant in Saudi Arabia

The partnership between Pravaig, India’s leading EV manufacturer, and Saudi India Venture Studio, a Saudi government-backed investment company, seeks to co-develop and supply special purpose vehicles, AI-driven solutions, advanced batteries, and energy storage solutions. Pravaig, India’s leading electric vehicle (EV) original equipment manufacturer, has signed an MoU to explore setting up a left-hand drive EV… Continue reading Pravaig signs pact for EV plant in Saudi Arabia

Phrase Raises €12M Debt Financing from CIBC Innovation Banking

Phrase, a Prague, Czech Republic-based cloud localisation software provider, raised €12M Debt Financing. CIBC Innovation Banking provided the financing. The company intends to use the funds to further develop its AI-driven language technology. Led by CEO Georg Ell, Phrase specializes in cloud-based localization solutions that enable organizations of all sizes to open the door to global… Continue reading Phrase Raises €12M Debt Financing from CIBC Innovation Banking

@BMW: BMW Group Plant Regensburg hits production milestone: 1,000,000th BMW X1 built at site002861

+++ Landmark vehicle is fully-electric BMW iX1 in Alpine White +++ Plant Director Carsten Regent: “BMW Group in Regensburg builds highly attractive electric vehicles for premium compact class – BMW iX1 is very popular with customers around the world” Regensburg. Today’s production landmark marks another milestone in the nearly 40-year history of the BMW Group’s… Continue reading @BMW: BMW Group Plant Regensburg hits production milestone: 1,000,000th BMW X1 built at site002861

Jaguar Land Rover to invest £4bn in new gigafactory: industry reaction

Following the recent turmoil surrounding Britishvolt, the UK automotive industry has been given a boost with the announcement from Jaguar Land Rover’s parent company Tata, of plans for a new battery gigafactory in Somerset. The new £4bn electric vehicle battery factory is targeting a capacity of 40GWh with production due to commence at the Somerset… Continue reading Jaguar Land Rover to invest £4bn in new gigafactory: industry reaction

Smart Shipping Container Market to Cross USD 15,341.5 Million Revenue by 2030: P&S Intelligence

NEW YORK, July 17, 2023 /PRNewswire/ — According to the latest market research study published by P&S Intelligence, the smart shipping container market will reach USD 15,341.5 million by 2030, advancing at a CAGR of 18.4%. This development can be credited to the improved security, temperature regulation, and real-time GPS tracking enabled by these containers.… Continue reading Smart Shipping Container Market to Cross USD 15,341.5 Million Revenue by 2030: P&S Intelligence

Trip.com Group unveils new initiatives to support customers planning their next trip

Empowering travellers through AI-driven strategy SHANGHAI, July 17, 2023 /PRNewswire/ — Trip.com Group, a leading travel service provider, today unveiled a series of enhanced services aimed at empowering travellers through AI-led capabilities and knowledge. Continue Reading image_5004521_42296787 image_5004521_42297694 1 Speaking at Trip.com Group’s AI-driven strategy press conference, James Liang, Co-founder and Executive Chairman of the… Continue reading Trip.com Group unveils new initiatives to support customers planning their next trip