When a way to display digital advertising on racecars was pitched to McLaren, team officials were concerned it was just a gimmick. Brand logos are already on cars, but this new method allows teams to show additional ads because they appear on panels mounted on the side of the cockpit and are visible to home… Continue reading Formula 1 Finds a New Way to Advertise on Its Cars
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Volkswagen Sells Its Russia Operations, Including an Assembly Plant
Volkswagen has sold its assembly plant and other operations in Russia to a local auto dealership, more than a year after the German carmaker ceased production in the country following the invasion of Ukraine, the company said on Friday. Under the deal, which required approval from the Russian government, a Moscow-based dealership called Avilon acquired… Continue reading Volkswagen Sells Its Russia Operations, Including an Assembly Plant
A Stunning Comeback for Fernando Alonso in Formula 1
In 2018, after 17 seasons of dedicating his life to Formula 1, Fernando Alonso had enough. With two world titles and 32 Grand Prix victories, he walked away, albeit unfulfilled. It had been 12 years since he was crowned champion and five since he had won a race. “When I finished, it was on a… Continue reading A Stunning Comeback for Fernando Alonso in Formula 1
It’s Been a Red Bull Season
Formula 1 has become the Red Bull roadshow. It has won all five Grands Prix this season, four of them one-two finishes, and has amassed 224 points from a possible 235. “That race pace advantage, I think, is quite big at the moment,” said the reigning champion Max Verstappen of Red Bull, after winning the… Continue reading It’s Been a Red Bull Season
Formula 1 Rules Under Scrutiny After a Pileup in Australia
After the legendary driver Ayrton Senna died during the 1994 San Marino Grand Prix, the sport’s rules on car design and safety strikingly changed. Now, Formula 1’s rules and the decisions of the F.I.A., the sport’s governing body, are rarely out of the spotlight. The sport had acted quickly in response to losing its biggest… Continue reading Formula 1 Rules Under Scrutiny After a Pileup in Australia
Musk Warns Tesla Shareholders to Expect “Challenging” Year
Elon Musk, the chief executive of Tesla, warned shareholders Tuesday to expect a difficult year because of an unsteady global economy and high interest rates. “This is going to be a challenging 12 months,” Mr. Musk said at Tesla’s annual shareholder meeting. He added, “Tesla is not immune to the global economic environment.” Mr. Musk’s… Continue reading Musk Warns Tesla Shareholders to Expect “Challenging” Year
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