Denso sells all Suzuki and most Honda shares to trim portfolio

NAGOYA, Japan — Japanese auto parts supplier Denso sold all 16.4 billion yen ($116 million) of its Suzuki Motor stock by the end of March as it continued a pivot away from holding shares for strategic purposes. Denso also unloaded 11.4 billion yen of stock in Honda Motor — equivalent to more than 70% of… Continue reading Denso sells all Suzuki and most Honda shares to trim portfolio

SkyDrive Reaches Basic Agreement with Suzuki to Build eVTOL Aircraft, Aiming to Start Operation in Spring 2024 by Utilizing Suzuki Group’s Plant

PARIS and TOYOTA, Japan, June 20, 2023 /PRNewswire/ — SkyDrive Inc. (hereinafter “SkyDrive”), a leading Japanese eVTOL aircraft (*1) manufacturer headquartered in Toyota City, Japan, announced at Paris Air Show 2023 on June 19 that the company had signed a basic agreement with Suzuki Motor Corporation (hereinafter “Suzuki”) for cooperation in manufacturing “SKYDRIVE” eVTOL aircraft (*2). Logos: https://cdn.kyodonewsprwire.jp/prwfile/release/M105850/202306166391/_prw_PI1fl_U99Vm2eA.png?_ga=2.266065487.1997240702.1686531031-1438572707.1685531252 … Continue reading SkyDrive Reaches Basic Agreement with Suzuki to Build eVTOL Aircraft, Aiming to Start Operation in Spring 2024 by Utilizing Suzuki Group’s Plant

SkyDrive conclut un accord de base avec Suzuki pour la construction d’un avion eVTOL, avec mise en service au printemps 2024 grâce à l’utilisation de l’usine du groupe Suzuki

PARIS et TOYOTA, Japon, 21 juin 2023 /PRNewswire/ — SkyDrive Inc. (nommé ci-après « SkyDrive »), un important fabricant japonais d’avions eVTOL (*1) dont le siège social est situé à Toyota City, au Japon, a annoncé que l’entreprise avait signé un accord de base avec Suzuki Motor Corporation (nommé ci-après « Suzuki ») pour coopérer dans la fabrication de l’avion eVTOL… Continue reading SkyDrive conclut un accord de base avec Suzuki pour la construction d’un avion eVTOL, avec mise en service au printemps 2024 grâce à l’utilisation de l’usine du groupe Suzuki

Sharrow Marine Closes $30+ M in Debt and Equity Financings

Sharrow Marine, a Detroit, MI-based subsidiary of Sharrow Engineering LLC, a manufacturer of propellers for boats and ships, raised $30+M in Debt and Equity financings. This round was led by the family offices of John H. McFadden, Esq. and David Dolby, director of Dolby Laboratories and CEO of Dolby Family Ventures. The company intends to… Continue reading Sharrow Marine Closes $30+ M in Debt and Equity Financings

SkyDrive Reaches Basic Agreement with Suzuki to Build eVTOL Aircraft, Aiming to Start Operation in Spring 2024 by Utilizing Suzuki Group’s Plant

PARIS and TOYOTA, Japan, June 20, 2023 /PRNewswire/ — SkyDrive Inc. (hereinafter “SkyDrive”), a leading Japanese eVTOL aircraft (*1) manufacturer headquartered in Toyota City, Japan, announced at Paris Air Show 2023 on June 19 that the company had signed a basic agreement with Suzuki Motor Corporation (hereinafter “Suzuki”) for cooperation in manufacturing “SKYDRIVE” eVTOL aircraft (*2). Logos: https://cdn.kyodonewsprwire.jp/prwfile/release/M105850/202306166391/_prw_PI1fl_U99Vm2eA.png?_ga=2.266065487.1997240702.1686531031-1438572707.1685531252 … Continue reading SkyDrive Reaches Basic Agreement with Suzuki to Build eVTOL Aircraft, Aiming to Start Operation in Spring 2024 by Utilizing Suzuki Group’s Plant

Viking M&A assists with acquisition of #1 Yamaha Dealer in the world, Cycle Springs Powersports

The Dimmitt Automotive Group Acquires Cycle Springs Powersports TAMPA, Fla., June 20, 2023 /PRNewswire/ — Viking Mergers & Acquisitions announces the acquisition of the world’s largest Yamaha Dealer, Cycle Springs Powersports in Clearwater, Florida, by The Dimmitt Automotive Group. Cycle Springs Powersports (https://cyclespringsonline.com/) has delivered industry-leading and distinctive products to the Tampa Bay community for over 30… Continue reading Viking M&A assists with acquisition of #1 Yamaha Dealer in the world, Cycle Springs Powersports

SkyDrive Reaches Basic Agreement with Suzuki to Build eVTOL Aircraft, Aiming to Start Operation in Spring 2024 by Utilizing Suzuki Group’s Plant

PARIS and TOYOTA, Japan, June 20, 2023 /PRNewswire/ — SkyDrive Inc. (hereinafter “SkyDrive”), a leading Japanese eVTOL aircraft (*1) manufacturer headquartered in Toyota City, Japan, announced at Paris Air Show 2023 on June 19 that the company had signed a basic agreement with Suzuki Motor Corporation (hereinafter “Suzuki”) for cooperation in manufacturing “SKYDRIVE” eVTOL aircraft (*2). Logos: https://cdn.kyodonewsprwire.jp/prwfile/release/M105850/202306166391/_prw_PI1fl_U99Vm2eA.png?_ga=2.266065487.1997240702.1686531031-1438572707.1685531252 … Continue reading SkyDrive Reaches Basic Agreement with Suzuki to Build eVTOL Aircraft, Aiming to Start Operation in Spring 2024 by Utilizing Suzuki Group’s Plant

Pak Suzuki suspends car, bike production for want of parts, accessories

Pak Suzuki is Pakistan’s largest carmaker by production and sales volume. The company had previously shut its four-wheeler plant for over 75 days from August 2022 till June 19. New Delhi: Pak Suzuki Motor Company Ltd has announced the closure of its motorcycle and four-wheeler plants from June 22 to July 8, 2023. According to… Continue reading Pak Suzuki suspends car, bike production for want of parts, accessories

Suzuki and SkyDrive to manufacture flying cars from 2024

Suzuki Motor Corporation has signed a basic agreement with the Toyota City-headquartered SkyDrive Inc for cooperation for the manufacture of ‘flying cars’. SkyDrive will establish a 100% owned subsidiary to manufacture flying cars. Suzuki and SkyDrive will utilise a plant owned by the Suzuki Group in Shizuoka Prefecture, Japan and aim to start the manufacturing… Continue reading Suzuki and SkyDrive to manufacture flying cars from 2024

SkyDrive Reaches Basic Agreement with Suzuki to Build eVTOL Aircraft, Aiming to Start Operation in Spring 2024 by Utilizing Suzuki Group’s Plant

PARIS and TOYOTA, Japan, June 20, 2023 /PRNewswire/ — SkyDrive Inc. (hereinafter “SkyDrive”), a leading Japanese eVTOL aircraft (*1) manufacturer headquartered in Toyota City, Japan, announced at Paris Air Show 2023 on June 19 that the company had signed a basic agreement with Suzuki Motor Corporation (hereinafter “Suzuki”) for cooperation in manufacturing “SKYDRIVE” eVTOL aircraft (*2). Logos: https://cdn.kyodonewsprwire.jp/prwfile/release/M105850/202306166391/_prw_PI1fl_U99Vm2eA.png?_ga=2.266065487.1997240702.1686531031-1438572707.1685531252 … Continue reading SkyDrive Reaches Basic Agreement with Suzuki to Build eVTOL Aircraft, Aiming to Start Operation in Spring 2024 by Utilizing Suzuki Group’s Plant