According to a new evaluation, the world’s largest car companies continue to grow significantly. Compared to the same period last year, sales in the second quarter of the year increased by 18.1 percent, earnings before interest and taxes (EBIT) grew by 31.3 percent. Sales also increased by more than a tenth between April and June.… Continue reading German Handelsblatt: BMW, Kia, Mercedes: These are the most profitable car manufacturers in the world007520
Tag: Strategy
Friendshoring Ascendancy – Moglix Catalyzes New Era of Global Trade Between India and US
NOIDA, India, Aug. 28, 2023 /PRNewswire/ — In the post-pandemic landscape, India and the United States are poised to establish robust partnerships, ushering in a transformative era of global trade. Leading this charge is Moglix, a purpose-driven company with a strategic presence, symbolizing the power of reshaping international businesses. Continue Reading Friendshoring Ascendancy – Moglix Catalyzes… Continue reading Friendshoring Ascendancy – Moglix Catalyzes New Era of Global Trade Between India and US
More global investors interested in Reliance Retail, says Ambani
Reliance Industries‘ retail unit is attracting “strong interest” from other top investors after raising $1 billion from Qatar Investment Authority, its billionaire chairman Mukesh Ambani said on Monday. Reliance Retail, which aims to list on the stock market, raised $1 billion from Qatar Investment Authority at a $100 billion valuation last week, three years after… Continue reading More global investors interested in Reliance Retail, says Ambani
Indian regulator’s probe of Adani group alleges disclosure rule violations: report
An investigation of India’s Adani group by the market regulator has uncovered violations of rules on disclosures by listed entities and limits on the holdings of offshore funds, two sources with direct knowledge of the matter said. The Securities and Exchange Board of India (Sebi) launched the inquiry after U.S.-based Hindenburg Research raised governance concerns… Continue reading Indian regulator’s probe of Adani group alleges disclosure rule violations: report
5WPR Expands Online Gaming PR and Gambling PR Divisions Following Continued Growth in the Space
NEW YORK, Aug. 28, 2023 /PRNewswire/ — 5WPR, one of the largest independently-owned PR firms in the U.S., announced today the expansion of their online gaming PR and gambling public relations division due to increased interest in PR support within the industry. The division has experienced rapid growth since the legalization of online sports betting… Continue reading 5WPR Expands Online Gaming PR and Gambling PR Divisions Following Continued Growth in the Space
Voyager Space Awarded $900 Million Ceiling Contract by the Air Force Life Cycle Management Center’s Architecture and Integration Directorate
IDIQ Contract to Develop Systems and Related Platforms for the Warfighter, While Introducing High-Confidence Programs DENVER, Aug. 28, 2023 /PRNewswire/ — Voyager Space (Voyager), a global aerospace leader has been awarded a $900,000,000 ceiling indefinite-delivery/indefinite-quantity (IDIQ) contract by the Air Force Life Cycle Management Center’s Architecture and Integration Directorate (AFLCMC/XA) for yielding cost-effective warfighting capabilities.… Continue reading Voyager Space Awarded $900 Million Ceiling Contract by the Air Force Life Cycle Management Center’s Architecture and Integration Directorate
magniX Appoints Industry Veteran Tim Allen as VP, Sales and Marketing
Tim Allen brings more than 20 years of experience in aerospace sales and management roles He will lead sales and marketing at magniX, working 3with customers to deliver zero emissions propulsion solutions magniX has powered flights by five different aircraft, leading electric aviation in every category EVERETT, Wash., Aug. 28, 2023 /PRNewswire/ — magniX, the company… Continue reading magniX Appoints Industry Veteran Tim Allen as VP, Sales and Marketing
Der saudische Kronprinz Mohammed bin Salman Al Saud startet den Masterplan für Logistikzentren mit dem Ziel, das Königreich in eine globale Logistikdrehscheibe zu verwandeln
RIAD, Saudi-Arabien, 28. August 2023 /PRNewswire/ — Seine Königliche Hoheit Prinz Mohammed bin Salman bin Abdulaziz Al Saud, Kronprinz, Premierminister und Vorsitzender des Obersten Komitees für Transport- und Logistikdienste, hat den Masterplan für Logistikzentren vorgestellt, der darauf abzielt, die Infrastruktur des Logistiksektors im Königreich weiter auszubauen, die lokale Wirtschaft zu diversifizieren und die Position des Königreichs… Continue reading Der saudische Kronprinz Mohammed bin Salman Al Saud startet den Masterplan für Logistikzentren mit dem Ziel, das Königreich in eine globale Logistikdrehscheibe zu verwandeln
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
Schaeffler India acquires auto aftersales B2B e-com platform Koovers for INR 142.4 cr
Schaeffler’s Automotive Aftermarket division supplies components and holistic repair solutions for the automobile spare parts business worldwide and sees itself as an enabler of garages Schaeffler India Board of Directors has approved the acquisition of 100% shares of KRSV Innovative Auto Solutions Private Limited (Koovers), a Bengaluru-based private limited company offering spare parts solutions to… Continue reading Schaeffler India acquires auto aftersales B2B e-com platform Koovers for INR 142.4 cr