GUANGZHOU, China, March 15, 2023 /PRNewswire/ — On 14 March, GAC MOTOR launched EMPOW, a sporty sedan featuring cutting-edge design and innovations, in Saudi Arabia. The EMPOW launch event, attended by respected media publications including Arab News, Saudi Auto, and Alsharq Alawsat, was held at the renowned motorsport circuit The Track Jeddah. Continue Reading GAC_MOTOR_EMPOW… Continue reading Surging Power and Precise Control: GAC MOTOR EMPOW Officially Released in Saudi Arabia
Tag: Strategy
Kindred publishes Annual and Sustainability Report for 2022
VALLETTA, Malta, March 15, 2023 /PRNewswire/ — Kindred Group has today published its combined Annual and Sustainability Report for the 2022 financial year. The report can be accessed on Kindred Group’s website www.kindredgroup.com. Kindred Group plc (Kindred) has today published its combined Annual and Sustainability Report for the 2022 financial year. The report provides an introduction… Continue reading Kindred publishes Annual and Sustainability Report for 2022
Lithia & Driveway (LAD) Expands into United Kingdom with Jardine Motors Group
MEDFORD, Ore., March 16, 2023 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) announced today the company’s expansion into United Kingdom with Jardine Motors Group. The group is one of the most successful automotive retailers in the UK, operating more than 50 premium luxury retail locations and is expected to generate over $2 billion USD in… Continue reading Lithia & Driveway (LAD) Expands into United Kingdom with Jardine Motors Group
Electric Mobility Market to Hit $325.64 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, March 16, 2023 /PRNewswire/ — The global electric mobility market size is expected to reach USD 325.64 billion by 2030, growing at a CAGR of 14.6% over the forecast period, as per the study conducted by Grand View Research, Inc. Rise in substantial operating and maintenance cost savings is expected to significantly increase… Continue reading Electric Mobility Market to Hit $325.64 Billion by 2030: Grand View Research, Inc.
Delsey’s 2022 full year results show 124% YoY net sales growth, EBITDA 6-fold increase compared to pre-pandemic levels
PARIS, March 16, 2023 /PRNewswire/ — Delsey Paris, the leading European premium luggage manufacturer, has today announced its operational results for 2022. Net global sales grew 124% year over year (‘YoY’) reaching €207 million, exceeding pre-pandemic levels of 2019 and outpacing by nearly 4 times the rate of post-pandemic sector recovery. EBITDA margin grew to… Continue reading Delsey’s 2022 full year results show 124% YoY net sales growth, EBITDA 6-fold increase compared to pre-pandemic levels
Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
DUBAI, UAE, March 16, 2023 /PRNewswire/ — On March 14th, 2023, Cummins Arabia and OWS Automotive signed a Memorandum of Understanding to collaborate on defense service applications. This collaboration follows the impressive participation of both firms at IDEX 2023 in Abu Dhabi and aims to explore powertrain solutions and technical support for defense end-users, with… Continue reading Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
Electric Mobility Market to Hit $325.64 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, March 16, 2023 /PRNewswire/ — The global electric mobility market size is expected to reach USD 325.64 billion by 2030, growing at a CAGR of 14.6% over the forecast period, as per the study conducted by Grand View Research, Inc. Rise in substantial operating and maintenance cost savings is expected to significantly increase… Continue reading Electric Mobility Market to Hit $325.64 Billion by 2030: Grand View Research, Inc.
Frontier markets-focused investor EMIA backs Cambodian rice producer AmruAmru is the first portfolio company of the ASEAN Frontier Markets Fund, EMIA’…
Singapore-based Emerging Markets Investment Advisers (EMIA), a private equity fund manager focussed on frontier markets, has backed Amru Rice, Cambodia’s largest organic rice producer and exporter, according to a statement. The size of the investment was not disclosed. Launched in 2011, Amru aims to support farmers’ welfare with a contract farming model that offers an… Continue reading Frontier markets-focused investor EMIA backs Cambodian rice producer AmruAmru is the first portfolio company of the ASEAN Frontier Markets Fund, EMIA’…
Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service
RaaS empowers businesses to adapt and thrive in new era of supply chain complexity HAMBURG, Germany, March 15, 2023 /PRNewswire/ — Ever-increasing consumer demand and labor challenges are top of mind for many supply chain executives amid double-digit growth rates in eCommerce. To ensure their supply chain operations are able to survive in today’s digital economy,… Continue reading Körber announces next phase of the journey in e-fulfillment through Robotics-as-a-Service
Surging Power and Precise Control: GAC MOTOR EMPOW Officially Released in Saudi Arabia
GUANGZHOU, China, March 15, 2023 /PRNewswire/ — On 14 March, GAC MOTOR launched EMPOW, a sporty sedan featuring cutting-edge design and innovations, in Saudi Arabia. The EMPOW launch event, attended by respected media publications including Arab News, Saudi Auto, and Alsharq Alawsat, was held at the renowned motorsport circuit The Track Jeddah. Continue Reading GAC_MOTOR_EMPOW… Continue reading Surging Power and Precise Control: GAC MOTOR EMPOW Officially Released in Saudi Arabia