Record first quarter passenger revenues of $4.088 billion, more than double the first quarter of 2022, on a 53 per cent increase in operated capacity Record first quarter operating revenues of $4.887 billion, 90 per cent higher than first quarter 2022 and about 10 per cent higher than first quarter 2019 Operating loss of $17… Continue reading Air Canada Reports First Quarter 2023 Financial Results
Tag: Strategy
Autoliv Announces Results of 2023 Annual Stockholders Meeting
STOCKHOLM, May 11, 2023 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 11, 2023. Annual General Meeting of Stockholders The Company’s 2023 Annual General Meeting of Stockholders (AGM) voted for approval of the following… Continue reading Autoliv Announces Results of 2023 Annual Stockholders Meeting
Applied Intuition and NI Collaborate to Accelerate Validation Test of Autonomous Driving Technology
Applied Intuition and NI are working together to provide reliable test systems for ADAS and AD validation, enabling the automotive industry to bring their products to market faster. MOUNTAIN VIEW, Calif., May 11, 2023 /PRNewswire/ — Applied Intuition and NI today announced that the two companies will combine their expertise to provide an end-to-end solution across the connected… Continue reading Applied Intuition and NI Collaborate to Accelerate Validation Test of Autonomous Driving Technology
GWM New Energy Strategy Boosts Sales Surge
BAODING, China, May 11, 2023 /PRNewswire/ — On May 8, GWM released the latest sales data. This April, GWM sold 93,107 vehicles, with a year-on-year increase of 73.14%. The number of new energy vehicles (NEVs) sold reached 14,863, up 284.06% year-on-year (YoY). Under the trend of accelerating transformation of new energy in the global automobile industry,… Continue reading GWM New Energy Strategy Boosts Sales Surge
Discovering Qingdao: Where Chinese and Western Cultures Meet
QINGDAO, China, May 11, 2023 /PRNewswire/ — If you’re planning a trip to China, be sure to add Qingdao to your itinerary. Qingdao is a fantastic destination for travellers who are looking for a mix of culture, history, natural beauty, and entertainment. Qingdao is a picturesque coastal city located in the Shandong Province of China.… Continue reading Discovering Qingdao: Where Chinese and Western Cultures Meet
Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
CHONGQING, China, May 12, 2023 /PRNewswire/ — On the afternoon of May 8, the Annual Performance Briefing of Changan Auto was held. At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company’s future development. Continue Reading image_5003628_25470621 Changan Auto’s sales volume in 2022 reached 2.346 million vehicles, a year-on-year… Continue reading Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
CHONGQING, China, May 12, 2023 /PRNewswire/ — On the afternoon of May 8, the Annual Performance Briefing of Changan Auto was held. At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company’s future development. Continue Reading Changan Auto’s sales volume in 2022 reached 2.346 million vehicles, a year-on-year increase… Continue reading Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
Tata Motors rolls out 200,000th Punch 20 months after launch
Tata Motors today rolled out the 200,000th Punch compact SUV from its Pune plant. The 200,000-unit production milestone comes just 20 months after the carmaker launched the Punch in October 2021. The rapid pace of production is a result of accelerated demand for the youngest model in Tata Motors’ ‘New Forever’ range. From launch through… Continue reading Tata Motors rolls out 200,000th Punch 20 months after launch
Getaround aims to scale car-sharing platform with HyreCar acquisition
Peer-to-peer car sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car sharing marketplace, for $9.45 million. Getaround expects to realize up to $75 million of run rate annualized gross booking value from the deal, which the company says will contribute to positive adjusted EBITDA profitability. “At this acquisition price point, we… Continue reading Getaround aims to scale car-sharing platform with HyreCar acquisition
nShift named in 2023 Gartner® Europe Context: ‘Magic Quadrant™ for Transportation Management Systems’
nShift identified as a Notable Vendor in the report. The European TMS market is forecast to grow at a five-year CAGR of 5.3%, with a forecast spend through 2026 of $485 million. LONDON, May 9, 2023 /PRNewswire/ — Gartner, a company delivering actionable, objective insight to executives and their teams has named nShift as a… Continue reading nShift named in 2023 Gartner® Europe Context: ‘Magic Quadrant™ for Transportation Management Systems’