The proceedings against former Volkswagen CEO Martin Winterkorn, who resigned a few days after the scandal came to light in September 2015, were separated due to his state of health. It is unclear whether the 76-year-old will ever stand trial. Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine… Continue reading The state of legal cases in VW’s diesel scandal
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India produces 2.7 cr vehicles, valued at USD 108 bn in FY23
According to Primus Partners, the production of two-wheelers is closely matched by China, with 20-million two-wheelers coming out of the manufacturing facilities in the country, accounting for 77 % of the volume share. The Indian automobile industry produced a whopping 2.7 crore vehicles across segments and types, worth around USD 108-billion (INR 8.7-lakh crore) in… Continue reading India produces 2.7 cr vehicles, valued at USD 108 bn in FY23
Exclusive: Top manager at U.S. firm privately sold high-tech in Russia
June 28 (Reuters) – U.S. technology company Extreme Networks Inc said last year it had suspended all business activities in Russia to show solidarity with the people of Ukraine “living under attack.” But Reuters has found that, as the publicly-traded U.S. firm was unwinding its Russia operations, its most senior manager in the region did… Continue reading Exclusive: Top manager at U.S. firm privately sold high-tech in Russia
@Ford: Ford Donates Bronco Wildland Firefighting Command Rig to National Park Service to Help Battle Fires on Public Lands
About Ford Motor Company About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on… Continue reading @Ford: Ford Donates Bronco Wildland Firefighting Command Rig to National Park Service to Help Battle Fires on Public Lands
Mullen Series D Holders Exercise Final $100 Million Investment Option Prior to June 30, 2023, Expiration – Yahoo Finance
Mullen Series D Holders Exercise Final $100 Million Investment Option Prior to June 30, 2023, Expiration Yahoo Finance Go to Source
Aircraft Micro Turbine Engine Market to Exhibit 5.8% CAGR and Generate $4,074.90 Million by 2031 | Research Dive
The global aircraft micro turbine engine market is expected to grow primarily due to the increasing concept of micro turbine for propulsion. The aftermarket sub-segment is expected to flourish immensely. The market in the Europe region is predicted to grow at a high CAGR by 2031. NEW YORK, June 27, 2023 /PRNewswire/ — Global Aircraft… Continue reading Aircraft Micro Turbine Engine Market to Exhibit 5.8% CAGR and Generate $4,074.90 Million by 2031 | Research Dive
nShift: Returns cost retailers $600 billion a year
Real data around returned items can help reduce volumes LONDON, June 27, 2023 /PRNewswire/ — Returned items could be costing online retailers $642 billion (€602 billion) a year.[1] Securing more data about sent-back purchases could help ecommerce companies identify issues, solve problems and reduce returns volumes, says nShift, the global leader in parcel delivery management… Continue reading nShift: Returns cost retailers $600 billion a year
The most influential Youth Creative Award in the Chinese-speaking region was announced in Chengdu
CHENGDU, China, June 27, 2023 /PRNewswire/ — On June 19, the 2023 Times Young Creative Awards series activities co-sponsored by Chengdu Media Group and Want Want China Times Media Group and hosted by Chengdu New East Exhibition and Times Young Creative Awards Organizing Committee were held in Chengdu. At the event, the 32nd Times Young Creative Awards… Continue reading The most influential Youth Creative Award in the Chinese-speaking region was announced in Chengdu
Matthew Brown to become Shareholder and Advisor at Global Airlines on Future Investment Strategy
LONDON, June 27, 2023 /PRNewswire/ — Matthew Brown, a U.S. based investor in the aviation and renewable energy spaces, has today agreed to advise James Asquith, CEO of Global Airlines, as the airline prepares to launch transatlantic services in spring 2024 and considers further aircraft acquisitions. Brown has advised significant U.S. institutions on clean energy financing.… Continue reading Matthew Brown to become Shareholder and Advisor at Global Airlines on Future Investment Strategy
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