CVC Capital Partners invests in Japanese streetwear brand A Bathing Ape

CVC Capital Partners has completed an investment in Japanese streetwear brand A Bathing Ape (BAPE) after the brand became an independent company from Hong Kong fashion retailer I.T Limited, according to a statement. The investment follows the successful privatisation of I.T Limited by Brooklyn Investment Limited, owned by CVC Capital Partners Asia V Limited and… Continue reading CVC Capital Partners invests in Japanese streetwear brand A Bathing Ape

$ 2.9 Bn growth expected in Global Drayage Services Market during 2021-2025 | Evolving Opportunities with PLS Logistics and ITS ConGlobal | Technavio

NEW YORK, June 3, 2021  /PRNewswire/ — The global drayage services market is set to grow by USD 2.90 billion during 2021-2025, according to the latest market research report by Technavio.  The market is expected to witness a 1.49% YOY growth in 2021 and register a CAGR of 2% during the forecast period. The drayage services market… Continue reading $ 2.9 Bn growth expected in Global Drayage Services Market during 2021-2025 | Evolving Opportunities with PLS Logistics and ITS ConGlobal | Technavio

BRP Announces Election of Directors and Board Committee Composition

VALCOURT, QC, June 3, 2021 /PRNewswire/ – BRP Inc. (TSX: DOO) (NASDAQ: DOOO) held earlier today its annual meeting of shareholders in a virtual-only format. The meeting was broadcasted via live webcast. The webcast will be available shortly on BRP’s website at www.brp.com.   During the meeting, the Company acknowledged the departure from the Board of… Continue reading BRP Announces Election of Directors and Board Committee Composition

@GM: GM to Increase Vehicle Deliveries to Customers in U.S., Canada June 3, 2021

GM expects its first-half results will be significantly better than prior guidance and the company is optimistic about the full year DETROIT – Today, General Motors outlined steps it is taking to increase deliveries to dealers and customers in the United States and Canada to meet strong consumer demand for Chevrolet, Buick, GMC and Cadillac vehicles. Production of the Chevrolet Silverado HD… Continue reading @GM: GM to Increase Vehicle Deliveries to Customers in U.S., Canada June 3, 2021

Ford-owned Spin shakes up scooter business with new CEO, e-bikes and city strategy

Spin, the Ford-owned micromobility operator, has added a new CEO, launched a new strategy to capture market share and announced a plan to get back into bike share, although this time with an electric twist.  The flurry of moves suggest that Spin is still trying to figure out the best path forward to push past… Continue reading Ford-owned Spin shakes up scooter business with new CEO, e-bikes and city strategy

Ford confirms it will launch all-new compact pickup truck called Maverick

It’s long been rumored, reported and predicted, and now it’s finally confirmed: Ford Motor Co. on Thursday announced the addition of the Maverick, a brand-new compact pickup truck, to its lineup.  Maverick will be available beginning model year 2022. No further details were released Thursday, but the truck will officially debut June 8. The Dearborn automaker… Continue reading Ford confirms it will launch all-new compact pickup truck called Maverick

Rolls-Royce confirms first EV under development

A Rolls-Royce logo is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland, March 7, 2017. [Photo/Agencies] British vehicle maker Rolls-Royce has confirmed it is working on the first fully electric car, which is called Silent Shadow, and the model is expected to be unveiled before 2030. Its CEO, Torsten Mueller-Oetvoes, did… Continue reading Rolls-Royce confirms first EV under development

Artha Venture Fund hits final close of debut fund at $30m, to invest in 12-15 startups …

Over fifty limited partners (LPs) participated in the fund. More than half of the investments came from family offices, and from over 20 listed companies who participated directly or through promoter entities. Non-resident Indians, ultra-rich individuals, super angels and Small Industries Development Bank of India (SIDBI) invested the remaining capital. The fund invests in business-to-business… Continue reading Artha Venture Fund hits final close of debut fund at $30m, to invest in 12-15 startups …

@Toyota: Toyota AI Ventures announces rebrand as Toyota Ventures and an additional $300M to invest in emerging technologies and carbon neutrality

Launch of the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund brings firm’s total assets under management to more than $500M Los Altos, Calif., June 3, 2021 – Toyota’s first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures and grow its total assets under management to… Continue reading @Toyota: Toyota AI Ventures announces rebrand as Toyota Ventures and an additional $300M to invest in emerging technologies and carbon neutrality

Global Boat Steering Systems Market to Reach $1.7 Billion by 2026

FACTS AT A GLANCE Edition: 8; Released: February 2021 Executive Engagements: 521 Companies: 29 – Players covered include Excel Controlinkage Pvt. Ltd; HyDrive Engineering Pty Ltd.; Hypro Marine; Kobelt Manufacturing Co. Ltd.; Lecomble & Schmitt; Lewmar Limited; Northrop Grumman Sperry Marine B.V.; SeaStar Solutions®; Techno Italia Kft.; Twin Disc, Incorporated; Uflex; Vetus B.V.; ZF Friedrichshafen AG and Others. Coverage: All major… Continue reading Global Boat Steering Systems Market to Reach $1.7 Billion by 2026