A roundup of the week’s most newsworthy auto and transport industry press releases from PR Newswire, including Canoo’s Lifestyle Delivery Vehicle and Alef’s flying car pre-orders. NEW YORK, Aug. 18, 2023 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help… Continue reading This Week in Transportation News: 12 Stories You Need to See
Tag: Financial Results
Deere Reports Third Quarter Net Income of $2.978 Billion
Sound execution contributes to 10% increase in net sales and higher earnings. Strong order books, positive industry fundamentals driving strong results. Full-year net income forecast increased to $9.75 billion to $10.00 billion. MOLINE, Ill., Aug. 18, 2023 /PRNewswire/ — Deere & Company (NYSE: DE) reported net income of $2.978 billion for the third quarter ended… Continue reading Deere Reports Third Quarter Net Income of $2.978 Billion
Electric Boats Market worth $7.7 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 18, 2023 /PRNewswire/ — The Electric Boats Market size is projected to grow from USD 3.3 billion in 2023 to USD 7.7 billion by 2030, at a CAGR of 13.0% from 2023 to 2030 according to a new report by MarketsandMarkets™. The increase in need for sustainable recreational boating solutions is driving growth in… Continue reading Electric Boats Market worth $7.7 billion by 2030 – Exclusive Report by MarketsandMarkets™
Europa Wire: Continental Introduces Virtual ECU Creator to Accelerate Software Development for Future Vehicles000725
Continental Introduces Virtual ECU Creator to Accelerate Software Development for Future Vehicles (IN BRIEF) Continental has introduced the virtual ECU Creator (vECU Creator), a software tool that allows developers in the automotive industry to configure and run virtual cloud-based electronic control units (ECUs) to aid in the development of code for micro-controller and processor hardware… Continue reading Europa Wire: Continental Introduces Virtual ECU Creator to Accelerate Software Development for Future Vehicles000725
Europa Wire: Rheinmetall Secures Major Contract for Lightweight Structural Parts in Premium Electric Vehicles000724
Rheinmetall Secures Major Contract for Lightweight Structural Parts in Premium Electric Vehicles (IN BRIEF) Rheinmetall, a technology enterprise, has secured a significant automobile industry order in the low three-digit million euro range for manufacturing structural parts. These highly complex parts, produced using a complex casting process, will be used in a premium automaker’s fully electric… Continue reading Europa Wire: Rheinmetall Secures Major Contract for Lightweight Structural Parts in Premium Electric Vehicles000724
Europa Wire: Bentley and The Little Car Company Unveil Road-Legal ‘Blower Jnr’: A Sophisticated 85% Scale Replica of the 1929 Bentley Supercharged Team Car000723
Bentley and The Little Car Company Unveil Road-Legal ‘Blower Jnr’: A Sophisticated 85% Scale Replica of the 1929 Bentley Supercharged Team Car (IN BRIEF) Bentley Motors and The Little Car Company have introduced a road-legal, 85% scale replica of the renowned 1929 4½-litre Supercharged Team Car No. 2 from Bentley’s Heritage Collection. Named ‘Blower Jnr’,… Continue reading Europa Wire: Bentley and The Little Car Company Unveil Road-Legal ‘Blower Jnr’: A Sophisticated 85% Scale Replica of the 1929 Bentley Supercharged Team Car000723
Europa Wire: Volvo Group Australia Bolsters Executive Team to Foster Government and Industry Partnerships000722
(IN BRIEF) Volvo Group Australia has made significant appointments to its Executive Leadership Team to strengthen relationships with government and industry stakeholders. Lauren Pulitano, a seasoned professional with 15 years at Volvo Group, becomes the Vice President of Public Affairs, highlighting the company’s commitment to engaging major partners. Cameron Bettany, experienced in government projects and… Continue reading Europa Wire: Volvo Group Australia Bolsters Executive Team to Foster Government and Industry Partnerships000722
India’s Motilal Oswal Alternates set to raise $240m for its sixth real estate fund
Motilal Oswal Alternates, the alternative investment arm of Motilal Oswal Group, said it is set to raise up to Rs 2,000 crore ($240.6 million) through its sixth real estate fund, strengthening its presence in India’s growing real estate market. The fund, called the India Realty Excellence Fund VI, will make early-stage investments in mid-income/affordable residential… Continue reading India’s Motilal Oswal Alternates set to raise $240m for its sixth real estate fund
Gamers8: Games industry giants gather in Riyadh to shape the future of the sector at the Next World Forum
The Next World Forum takes place at the Four Seasons Hotel Riyadh, August 30-31, discussing a range of topics, including the esports economy and developments in AI Speakers in 2022 included Embracer Group, Savvy Games Group, and the IOCs Head of Virtual Sport and Gaming The innovative Gamers8 Club Awards will hold a prize ceremony,… Continue reading Gamers8: Games industry giants gather in Riyadh to shape the future of the sector at the Next World Forum
TraceGains Reports Remarkable Q2 Performance with Strong Revenue Bookings Growth
Leading Supply Chain Solutions Provider Surges Ahead Despite the Challenging Global Economy WESTMINSTER, Colo., Aug. 17, 2023 /PRNewswire/ — TraceGains, the world’s only networked ingredients marketplace, today announced an impressive 24% YoY increase in revenue bookings for Q2. The increase represents a 7% quarterly growth over the company’s record-breaking Q1 performance, fueled by customer demand for… Continue reading TraceGains Reports Remarkable Q2 Performance with Strong Revenue Bookings Growth