Škoda Auto Set to Re-enter Kazakhstan Market with New Partner Allur Company (IN BRIEF) Škoda Auto, the Czech car manufacturer, is making a strategic return to the Kazakhstan market by partnering with Allur Company for sales and production. They have signed a partnership agreement, and starting in early 2024, four Škoda models will be assembled… Continue reading Europa Wire: Škoda Auto Set to Re-enter Kazakhstan Market with New Partner Allur Company000822
Tag: Financial Results
Dealers see surge of older ex-fleet cars in used market.
Rocketing sales of new cars to fleet buyers is pushing older used cars with higher mileages into the used car market. The UK new car market in the important September plate-change month surged 21% with 272,610 registrations. Growth continued to be driven by large fleets, which rose 40.8% to 143,256 units to reach a market… Continue reading Dealers see surge of older ex-fleet cars in used market.
itselectric to use SWTCH software to optimize its curbside charging network
itselectric, a Brooklyn-based curbside EV charging company, has partnered with SWTCH Energy, which specializes in EV charging solutions for multi-tenant buildings. SWTCH will provide software to itselectric for managing, maintaining and optimizing its charging network. “Today, the biggest barrier to deployment is the cost and complexity of connecting an EV charger directly to the utility’s… Continue reading itselectric to use SWTCH software to optimize its curbside charging network
@Toyota: Toyota Named the Official Automotive Partner of the National Football League
Toyota Signs Multi-Year Sponsorship Deal with the National Football League Leverages NFL platforms to build Toyota brand awareness, consideration, and loyalty Toyota to support grassroots NFL programs aimed toward elevating communities PLANO, Texas (Oct. 11, 2023) – Toyota and The National Football League (NFL) jointly announced today they have entered into a multi-year sponsorship agreement… Continue reading @Toyota: Toyota Named the Official Automotive Partner of the National Football League
Generative AI Is Headed for a Financial “Cold Shower” Next Year, Analyst Predicts
Is reality crashing down? Cold Shower It’s a gold rush in the artificial intelligence sector, as companies large and small rush to stuff buzzy machine learning tech into their products, from Expedia’s travel chabot to BuzzFeed‘s AI-powered quizzes. Whether it’ll pay off in the long run is anyone’s guess. But not all experts are so… Continue reading Generative AI Is Headed for a Financial “Cold Shower” Next Year, Analyst Predicts
EV maker VinFast to acquire its battery maker sibling VinES
VinFast, which was backed by Vietnam’s largest conglomerate Vingroup, said the strategic acquisition of VinES, also a member in the Vingroup ecosystem, would help it secure the supply of batteries as the EV maker sought to save 5% to 7% on battery costs. Electric-vehicle maker VinFast Auto said on Wednesday it would acquire a 99.8%… Continue reading EV maker VinFast to acquire its battery maker sibling VinES
Emovis Awarded for Private Sector Innovation by International Bridge, Tunnel and Turnpike Association
BARCELONA, Spain, Oct. 10, 2023 /PRNewswire/ — Emovis, part of Abertis Mobility Services, was recognized as the 2023 Private Sector Innovation award winner for its Smart Enforcement program by the International Bridge, Tunnel and Turnpike Association (IBTTA). A common challenge for all tolling programs is collecting payments from unregistered users often leading to high management… Continue reading Emovis Awarded for Private Sector Innovation by International Bridge, Tunnel and Turnpike Association
Cendyn doubles down on the future of CRM with strategic acquisition of PUSHTech
Leading hotel tech provider takes transformative step towards a next generation CRM platform that empowers hoteliers to build stronger relationships with their guests whilst driving profitable revenue BARCELONA, Spain, Oct. 10, 2023 /PRNewswire/ — Cendyn, a catalyst for digital transformation in the hospitality industry, is thrilled to announce its strategic acquisition of PUSHTech, a pioneering… Continue reading Cendyn doubles down on the future of CRM with strategic acquisition of PUSHTech
Visteon to Announce Third Quarter 2023 Results on Oct. 26
VAN BUREN TOWNSHIP, Mich., Oct. 11, 2023 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its third quarter 2023 financial results before the market opens on Thursday, Oct. 26. The company will host a conference call for the investment community at 9 a.m. ET to discuss… Continue reading Visteon to Announce Third Quarter 2023 Results on Oct. 26
Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions
Solution utilizes PET mono-materials in both foam and trim, contributing to the circular economy Sustainable option without compromising comfort, style or performance Magna partnering with TWE Group to create 100% recycled trim foundation AURORA, Ontario, Oct. 11, 2023 (GLOBE NEWSWIRE) — Magna announces its EcoSphere™ product family, an industry-first solution that eliminates the disposal of… Continue reading Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions