CHENGDU, China, Aug. 29, 2023 /PRNewswire/ — GWM made a grand statement at the Chengdu Motor Show, showcasing over 30 models from its five major brands: HAVAL, WEY, ORA, TANK, and GWM Pickup. A highlight of the event was the debut of three new energy models targeting the Chinese market: HAVAL Menglong, WEY Gaoshan MPV… Continue reading GWM Powers Up New Energy Lineup at the Chengdu Motor Show
Tag: Strategy
Xiaomi revenue drops but EV strategy ahead of schedule
Xiaomi’s shipments declined by 19% to 8.6 million, while in major overseas market India, shipments fell 22% to 5.4 million units, Canalys said. Chinese smartphone maker Xiaomi Corp reported a 4% revenue drop in the second quarter, tracking a shrinkage in China’s handset market, but said its move into making electric vehicles was running ahead… Continue reading Xiaomi revenue drops but EV strategy ahead of schedule
Hero MotoCorp set to have portfolio of half a dozen premium bikes
As part of its strategy to participate in the growing premium motorcycle market, Hero MotoCorp, the country’s largest two-wheeler maker plans to have a product portfolio of more than half a dozen premium bikes. Having a modest presence so far with its Xtreme and XPulse bikes, Hero MotoCorp gave rebirth to its popular sports bike… Continue reading Hero MotoCorp set to have portfolio of half a dozen premium bikes
@BMW: BMW Manufacturing to Host 11th Annual Supplier Diversity Xchange.002938
Spartanburg, S.C. – September 29, 2023… BMW Manufacturing and BMW Purchasing and Supplier Network Americas will host one of the nation’s largest supplier diversity events on August 30, 2023, at the Greenville Convention Center. Renamed the Supplier Diversity Xchange, the 11th annual event is an opportunity for women-, minority-, and veteran-owned businesses to participate in… Continue reading @BMW: BMW Manufacturing to Host 11th Annual Supplier Diversity Xchange.002938
CYBER Express Wash Closes on New Supercenter Location in Midtown
CYBER Express to Bring Year-Round Indoor Car Detailing to Anchorage ANCHORAGE, Alaska, Aug. 29, 2023 /PRNewswire/ — CYBER Express Wash (CYBER), a new car wash experience in partnership with Chugach Alaska Corporation (Chugach), has secured an additional Anchorage location at Denali and Calais for a car wash supercenter, featuring indoor vacuum stations and full-service detailing. Continue… Continue reading CYBER Express Wash Closes on New Supercenter Location in Midtown
MotorDNA Unveils Cutting-Edge Insurance Marketplace: Revolutionizing Auto Dealerships and Auto Insurance Industry
ALPHARETTA, Ga., Aug. 29, 2023 /PRNewswire/ — MotorDNA, a trailblazing leader in providing analytics-ready vehicle build data, proudly introduces its groundbreaking product, the MotorDNA Insurance Marketplace. With a visionary approach, this digital Marketplace connects auto dealerships, digital car-selling platforms, and insurance carriers, creating an ecosystem that transforms how insurance is quoted, purchased, and experienced during… Continue reading MotorDNA Unveils Cutting-Edge Insurance Marketplace: Revolutionizing Auto Dealerships and Auto Insurance Industry
Meta declines Oversight Board recommendation to suspend Cambodia’s former Prime Minister
The board had called for a six-month suspension from Facebook and Instagram. Meta will not suspend Cambodia’s former Prime Minister from Facebook and Instagram, declining to follow a recommendation from its Oversight Board. The board, which functions independently from the social media company, had recommended Meta suspend then-Prime Minister Hun Sen’s Facebook and Instagram accounts… Continue reading Meta declines Oversight Board recommendation to suspend Cambodia’s former Prime Minister
Magna Commits to Achieve Net-Zero by 2050
Magna has submitted its net-zero targets to the Science Based Targets initiative (SBTi) Near-term target includes 100% renewable electricity use by 2030 Aligns with long-term strategy to enable cleaner and safer mobility for everyone and everything AURORA, Ontario, Aug. 29, 2023 (GLOBE NEWSWIRE) — Magna is taking a significant step forward in its commitment to… Continue reading Magna Commits to Achieve Net-Zero by 2050
Trials in fatal Tesla accidents
E-car pioneer and maker of the full self-driving autopilot Tesla is preparing for its first death-related trial. Tesla will have to defend himself in court for the first time against allegations that autopilot failure resulted in death. This is quite likely to be a major test of the Tesla system. There have been a few… Continue reading Trials in fatal Tesla accidents
Moving Towards Globalization: GAC Group’s Latest Internationalization Strategy Revealed
GUANGZHOU, China, Aug. 28, 2023 /PRNewswire/ — On August 25th, GAC Group released its 2023 semi-annual report, showing a total operating revenue of 233.532 billion yuan in the first half of the year. According to China Association of Automobile Manufacturers, from January to June, China exported a total of 2.14 million vehicles, overtaking Japan as the… Continue reading Moving Towards Globalization: GAC Group’s Latest Internationalization Strategy Revealed