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
Tag: Strategy
@BMW: Digital, dynamic, and now also fully electric: the BMW 5 Series enters a new era.002581
Woodcliff Lake, NJ – March 15, 2023…In just a few months’ time, the eighth generation of the BMW 5 Series will make its debut. The new model will be more dynamic and more comfortable than ever, with a fresh interpretation of its signature, elegantly sporting design. The new 5 will feature BMW Operating System 8.5… Continue reading @BMW: Digital, dynamic, and now also fully electric: the BMW 5 Series enters a new era.002581
Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
DUBAI, UAE, March 16, 2023 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 a focus… Continue reading Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
SK Inc. to bolster its investment in future mobility in the fast growing Southeast Asian market
SOCAR Mobility Malaysia, majority owned by SK Inc., to expand its market dominance in Southeast Asia as SK Inc. integrates business know-how acquired from the US market SK Inc. sees its return on investment double from its investment in Turo, a leading P2P car sharing company in the US SK Inc. to reinforce its investment… Continue reading SK Inc. to bolster its investment in future mobility in the fast growing Southeast Asian market
VW’s ID.2all compact EV will cost under €25,000 when it arrives in 2025
The car is only destined for Europe, unfortunately. Volkswagen has teased a genuinely affordable EV for years (the ID.3 was originally meant to be that model), but now it’s finally ready to make that machine a reality. The company has unveiled an ID.2all concept that previews a production compact car priced below €25,000 (about $26,000).… Continue reading VW’s ID.2all compact EV will cost under €25,000 when it arrives in 2025
TI Fluid Systems Finalizes Plans to Enhance Auburn Hills Headquarters and Build Next e-Mobility Innovation Center
TI Fluid Systems has finalized its plans to enhance its corporate headquarters and build its next e-Mobility Innovation Center (eMIC) The company has renewed the lease at its Auburn Hills location, with the new terms paving the way for a 48,000 square feet extension of the site The new eMIC will follow the successful blueprint… Continue reading TI Fluid Systems Finalizes Plans to Enhance Auburn Hills Headquarters and Build Next e-Mobility Innovation Center
Cummins announces Mary Chandler retiring after serving Cummins and its global communities since 2011
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) announced that Mary Chandler, Vice President – Corporate Responsibility and Community Relations and CEO of the Cummins Foundation, is retiring later this spring and Jim Schacht, currently a member of the Corporate Responsibility Leadership Team, will succeed Mary and be promoted to Vice President of Cummins. “Cummins has… Continue reading Cummins announces Mary Chandler retiring after serving Cummins and its global communities since 2011
US Army Primary Combat Systems Growth Opportunities 2023: Geopolitical Chaos and Strategic Competition with China Lead to a New Era in Defense Investments
DUBLIN, March 15, 2023 /PRNewswire/ — The “US Army Primary Combat Systems Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This study examines the US Army’s modernization efforts by analyzing official strategy documents, the 2023 Nation Defense Authorization Act, public statements made by senior decision makers, development programs, and contractual trends that comprise the… Continue reading US Army Primary Combat Systems Growth Opportunities 2023: Geopolitical Chaos and Strategic Competition with China Lead to a New Era in Defense Investments
GM studying artificial intelligence assistant that could answer driver questions
General Motors is studying the possibility of an artificial intelligence voice assistant in future vehicles, according to the company. GM Chair and CEO Mary Barra, who was asked for details Tuesday by Fox Business channel anchor Liz Claman, referenced the company’s Ultifi “end-to-end” vehicle software platform. “It’s one of many things we can put on… Continue reading GM studying artificial intelligence assistant that could answer driver questions
@Ford: Ford to Host March 23 ‘Teach-In’ About Financial Reporting, Strategic Implications of New Customer-Focused Segments
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to… Continue reading @Ford: Ford to Host March 23 ‘Teach-In’ About Financial Reporting, Strategic Implications of New Customer-Focused Segments