Tesla buys the record sales of its electric cars with price cuts – and that affects the profit development. company boss Elon Musk (52) was nevertheless willing to make further price reductions if the economy should deteriorate. At the same time, Musk made some full-bodied promises: He believes that the advanced version of Tesla’s Autopilot… Continue reading German Manager Magazin: Tesla’s price cuts continue to depress profitability002610
Tag: Financial Results
German Manager Magazin: Daimler Truck surprises with high operating profit002611
The commercial vehicle manufacturer Daimler trucks posted a surprisingly large operating profit thanks to good business in the past quarter. The group justified this with strong sales, robust price enforcement and a positive development of the service business. However, the good numbers did not come as a complete surprise, as management recently raised its sales,… Continue reading German Manager Magazin: Daimler Truck surprises with high operating profit002611
Travelier Achieves 150% Growth Between H1 2022 and H1 2023
The groups’ expansion will be key to redefining the ground transportation sector TEL AVIV, Israel, July 19, 2023 /PRNewswire/ — Travelier (formerly Bookaway Group), a travel-tech company digitizing land and sea transportation around the world, today announced an overall growth of 150% between H1 2022 and H1 2023. Attributing the success to global cross brand inventory-sharing… Continue reading Travelier Achieves 150% Growth Between H1 2022 and H1 2023
Kuwait Airways Partners with Plusgrade to Give Passengers Unprecedented Access to Cabin Upgrades and More Ways to Acquire Oasis Club Miles
The multi-year partnership gives passengers access to the “Just Upgrade” service, allowing passengers to enjoy an upgraded cabin experience, and gain access to premium luxury services. Oasis Club Loyalty Program members will also enjoy more benefits, like the option to buy miles. Plusgrade continues to expand its international footprint by partnering with Kuwait Airways, and… Continue reading Kuwait Airways Partners with Plusgrade to Give Passengers Unprecedented Access to Cabin Upgrades and More Ways to Acquire Oasis Club Miles
KBR Awarded $69M CENTCOM Support Contract through U.S. Air Force
HOUSTON, July 20, 2023 /PRNewswire/ — KBR (NYSE: KBR) announced today it has been awarded a contract to provide mission-critical labor at three locations in the U.S. Central Command (CENTCOM) area of operations. The cost-plus contract, through the Air Force Contract Augmentation Program (AFCAP V), is worth up to $69M and has a base period… Continue reading KBR Awarded $69M CENTCOM Support Contract through U.S. Air Force
Mullen Group Ltd. Reports 2023 Second Quarter Financial Results
OKOTOKS, AB, July 20, 2023 /PRNewswire/ – (TSX: MTL) Mullen Group Ltd. (“Mullen Group“, “We“, “Our” and/or the “Corporation“), one of Canada’s largest logistics providers today reported its financial and operating results for the period ended June 30, 2023, with comparisons to the same period last year. Full details of our results may be found within our Second… Continue reading Mullen Group Ltd. Reports 2023 Second Quarter Financial Results
Warehouse Robotics Market worth $10.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 18, 2023 /PRNewswire/ — The warehouse robotics market is expected to reach USD 10.5 billion by 2028 from USD 6.1 billion in 2023, at a CAGR of 11.4% during the 2023–2028 period according to a new report by MarketsandMarkets™. The major factor driving the market growth of the warehouse robotics is growing adoption of… Continue reading Warehouse Robotics Market worth $10.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
A New Lucrative Niche In The Trillion-Dollar EV Industry
FN Media Group Presents GlobalInvestmentDaily.com Market Commentary LONDON, July 18, 2023 /PRNewswire/ — Until one starts looking at less obvious corners of the electric vehicle world, it will be hard to find many companies that aren’t either bleeding cash at a fatal rate or giving up market share to the combustion giants who have lit… Continue reading A New Lucrative Niche In The Trillion-Dollar EV Industry
OMAN OIL MARKETING COMPANY EXPANDS FOOTPRINT IN SAUDI ARABIA WITH 14 NEW SERVICE STATIONS
MUSCAT, Oman, July 18, 2023 /PRNewswire/ — As part of its commitment to its regional expansion strategy, Oman Oil Marketing Company (OOMCO) plans to add 14 one-stop-shop service stations in the Kingdom of Saudi Arabia. Through this expansion, OOMCO will be operating a total of 26 service stations in the Kingdom by Q4 2023. As… Continue reading OMAN OIL MARKETING COMPANY EXPANDS FOOTPRINT IN SAUDI ARABIA WITH 14 NEW SERVICE STATIONS
Zoomlion Construction Machinery Makes Strides in International Markets, Bolstering Global Infrastructure
CHANGSHA, China, July 18, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK), is making significant progress in international markets, fulfilling substantial product deliveries in the Middle East, Australia, and Southeast Asia region. This achievement spotlights Zoomlion’s internationalization and localization development strategy, underlining its commitment to providing high-quality products and services… Continue reading Zoomlion Construction Machinery Makes Strides in International Markets, Bolstering Global Infrastructure