Fisker cuts output forecast on lingering supply chain woes; loss narrows

Fisker recorded its first quarterly revenue from sales as the electric sport utility vehicle (SUV) maker kicked off deliveries in Europe and the United States. Fisker Inc’s smaller-than-expected quarterly loss and first revenue from deliveries of its electric sport utility vehicles helped counter an annual production cut, sending its shares up more than 2% in… Continue reading Fisker cuts output forecast on lingering supply chain woes; loss narrows

X-Ray Security Screening Market to Reach $8.3 Billion, Globally, by 2032 at 9.4% CAGR: Allied Market Research

The global x-ray security screening market is driven by factors including a surge in security threats, a rise in air travel and international trade, and ongoing airport upgrades and expansions. PORTLAND, Ore., Aug. 4, 2023 /PRNewswire/ — Allied Market Research published a report titled, “X-Ray Security Screening Market, by Application (People Screening and Product Screening),… Continue reading X-Ray Security Screening Market to Reach $8.3 Billion, Globally, by 2032 at 9.4% CAGR: Allied Market Research

Strengthening Innovation and High-Quality Development, XCMG Machinery Ranks Highest Among All Chinese Construction Machinery Companies on the 2023 Fortune China 500

XUZHOU, China, Aug. 4, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) ranks 212th in the 2023 Fortune China 500 List released by Fortune China on July 25 in Beijing, the highest among all Chinese construction machinery companies, with a total revenue of USD 13,946.8 million and a profit of USD 640.3 million in the fiscal year of… Continue reading Strengthening Innovation and High-Quality Development, XCMG Machinery Ranks Highest Among All Chinese Construction Machinery Companies on the 2023 Fortune China 500

INTO and Angel Host Join Forces to Launch INTO GUESTY: The AI-Powered Customer Service Solution for Short-Term Rentals

MONTREAL, Aug. 4, 2023 /PRNewswire/ — INTO, a company specializing in AI integration and Angel Host, a leading player in the short-term rental space, have partnered to launch INTO GUESTY, a groundbreaking technology that combines the power of AI with the renowned Guesty platform to supercharge the productivity of Guest Services teams while significantly improving guest… Continue reading INTO and Angel Host Join Forces to Launch INTO GUESTY: The AI-Powered Customer Service Solution for Short-Term Rentals

A $15 Billion Electric Vehicle Niche Is Flying Under Wall Street’s Radar

FN Media Group Presents Oilprice.com Market Commentary LONDON, Aug. 3, 2023 /PRNewswire/ — The EV industry is simultaneously a wildly rewarding and wildly risky ride for investors. EV manufacturers are now struggling to stay profitable unless they are Tesla or China’s biggest players. Companies mentioned in this release include: Stellantis N.V. (NYSE: STLA), Li Auto… Continue reading A $15 Billion Electric Vehicle Niche Is Flying Under Wall Street’s Radar

Parking Management Market worth $6.3 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 3, 2023 /PRNewswire/ — The future of the Parking Management Market will be shaped by smart parking solutions, integration with mobility services, IoT, sustainability initiatives, AI, autonomous vehicles, and demand management in urban planning. These advancements aim to optimize resources, enhance user experience, and align with smart city and sustainability goals. The Parking Management… Continue reading Parking Management Market worth $6.3 billion by 2028 – Exclusive Report by MarketsandMarkets™

Magna Announces Second Quarter 2023 Results

Sales increased 17% to $11.0 billion, compared to global light vehicle production increase of 15% Diluted earnings per share were $1.18 Adjusted diluted earnings per share increased 81% to $1.50 Completed the acquisition of Veoneer Active Safety Raised 2023 outlook for Total Sales, Adjusted EBIT Margin and Adjusted Net Income attributable to Magna AURORA, Ontario,… Continue reading Magna Announces Second Quarter 2023 Results

Asset Management Market to Reach $8.3 Trillion, Globally, by 2032 at 36.5% CAGR: Allied Market Research

The global asset management market is driven by rise in need for optimum utilization of assets  and rising adoption of cloud-based IT asset management solution. PORTLAND, Ore., Aug. 2, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Asset management HYPERLINK “https://www.alliedmarketresearch.com/asset-management-market-A06192” Market by component (Solution, and Service), Asset type (Digital asset, Returnable Transport Assets,… Continue reading Asset Management Market to Reach $8.3 Trillion, Globally, by 2032 at 36.5% CAGR: Allied Market Research

Change in Kamux’s Group Management Team

HAMEENLINNA, Finland, Aug. 2, 2023 /PRNewswire/ — Kerim Nielsen, Country Director for Sweden and member of the Group Management Team, has decided to pursue a career opportunity outside of Kamux Corporation in early 2024. He will continue in his current position at least until December 31, 2023. The recruitment process for his successor will be… Continue reading Change in Kamux’s Group Management Team

Magna Announces Second Quarter 2023 Results

Magna International Inc. Swamy Kotagiri, Magna’s Chief Executive Officer “I am pleased with our second quarter operating performance, which reflects continued strong execution on higher organic sales and cost reduction actions being taken across the company. We remain highly focused on executing our strategy and remain confident in our ability to meet our short- and… Continue reading Magna Announces Second Quarter 2023 Results