Faurecia completes the refinancing of the HELLA acquisition

FAURECIA NANTERRE (FRANCE)JANUARY 18, 2023 FAURECIA ENTIRELY REFINANCED THE HELLA ACQUISITION THROUGH PRICING AN ADDITIONAL €250 MILLION OF SUSTAINABILITY-LINKED SENIOR NOTES Faurecia S.E., a company of the FORVIA group, announces that it has successfully priced today the New Notes, sustainability-linked 7.25% senior notes due 2026 (the “New Notes”) following a private placement arranged by BNP… Continue reading Faurecia completes the refinancing of the HELLA acquisition

Rocket Propulsion Market to Reach $8.5 Billion, Globally, by 2031 at 5.3% CAGR: Allied Market Research

Rise in rocket launches by various companies and government organizations, increase in investments in small spacecraft technologies, the development of rocket artillery systems and surge in adoption of such weapons in modern warfare techniques drive the global rocket propulsion market growth. PORTLAND, Ore., Jan. 19, 2023 /PRNewswire/ — Allied Market Research published a report, titled,… Continue reading Rocket Propulsion Market to Reach $8.5 Billion, Globally, by 2031 at 5.3% CAGR: Allied Market Research

Ideanomics subsidiary Energica Motor Company achieves a 52% increase in global unit sales in 2022 vs. 2021

Future orders in 2022 for all models are up 70% vs. last year. The volume of orders for the Experia Green Tourer already equals half of all 2022 sales.  Compared to last year, Energica revenue from worldwide motorcycle sales is almost up 70%. Entry into the high-value Japanese and Australian markets, with the first motorcycles… Continue reading Ideanomics subsidiary Energica Motor Company achieves a 52% increase in global unit sales in 2022 vs. 2021

ANNOUNCING VIRGIN HOTELS COLLECTION

Two iconic Virgin hotel brands, Virgin Hotels and Virgin Limited Edition to join under one parent brand to focus on growth and driving positive change and differentiation within the luxury hospitality industry. LONDON, Jan. 19, 2023 /PRNewswire/ — Virgin Hotels – the luxury lifestyle hospitality brand of the Virgin Group and Virgin Limited Edition – the private global collection of unique retreats, hotels and exclusive islands owned by Sir Richard Branson have today announced that they will come together under the new parent… Continue reading ANNOUNCING VIRGIN HOTELS COLLECTION

Accor introduces Handwritten Collection – a global portfolio of hotels curated with passion

THE NEW BRAND LAUNCHES WITH AN IMMEDIATE FOOTPRINT OF 12 COMMITTED HOTELS AROUND THE WORLD; PROPERTIES WILL CONNECT GUESTS WITH THE CHARM, CHARACTER, AND WARMTH OF THEIR HOTELIERS PARIS, Jan. 19, 2023 /PRNewswire/ —  Accor, a world leading hospitality group, today announced an exciting new addition to the Group’s unparalleled network of brands: Handwritten Collection,… Continue reading Accor introduces Handwritten Collection – a global portfolio of hotels curated with passion

Lubricant Additives Market Value to Reach US$ 22.7 billion by 2031 | Transparency Market Research, Inc.

Increasing antioxidant lubricant demand to reduce probability of damage to vehicles is propelling overall lubricant additives market Asia Pacific emerged as most attractive market because of stringent emission standards, imposed in countries such as China and Japan WILMINGTON, Del., Jan. 19, 2023 /PRNewswire/ — Increasing product demand from automotive industry is triggering growth of lubricant… Continue reading Lubricant Additives Market Value to Reach US$ 22.7 billion by 2031 | Transparency Market Research, Inc.

ZeroAvia Makes Aviation History, Flying World’s Largest Aircraft Powered with a Hydrogen-Electric Engine

19-seat Dornier 228 twin-engine aircraft takes to the sky in testbed configuration for first flight as part of the HyFlyer II project Milestone moves ZeroAvia forward on the way to meeting target of commercial flights using only hydrogen fuel cell power by 2025, and scaling the engine technology to larger airframes Marks a significant step… Continue reading ZeroAvia Makes Aviation History, Flying World’s Largest Aircraft Powered with a Hydrogen-Electric Engine

NAFA Taps HillStaffer to Lead Legislative Efforts

EDISON, N.J., Jan. 19, 2023 /PRNewswire/ — NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, announced that HillStaffer, a unique bipartisan consulting firm, will take over as NAFA’s new legislative and policy team advocating on behalf of the association and its members on the issues that matter most for the fleet… Continue reading NAFA Taps HillStaffer to Lead Legislative Efforts

CES Connect2Car: The Anatomy of Autonomy

At CES 2023, the Connect2Car Conference was back in full force, exploring the future of mobility, connectivity, and autonomy. We sat in for the Anatomy of Autonomy panel, where experts from Aurora, AEye, Ford and Foretellix broke down the status of autonomy – looking at where the industry stands, where it’s headed next, and what it… Continue reading CES Connect2Car: The Anatomy of Autonomy

Motorcycle Market to Reach $233.5 Billion, Globally, by 2031 at 8.6% CAGR: Allied Market Research

Factors such as increase in demand for two-wheeler due to traffic congestion, growth in investment by manufacturers in the motorcycle industry and rise in adoption of electric motorcycles drive the growth of the global motorcycle market. PORTLAND, Ore., Jan. 19, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Motorcycle Market by Type (Standard, Sports, Cruiser,… Continue reading Motorcycle Market to Reach $233.5 Billion, Globally, by 2031 at 8.6% CAGR: Allied Market Research