GUANGZHOU, China, April 24, 2023 /PRNewswire/ — April 17 – 23, 2023 marked GAC Group’s debut at Milan Design Week, a globally renowned event that brings together cutting-edge designers and design companies from various industries and nations around the world. Design Week is a powerful platform for showcasing innovative vehicles to the world. This year’s… Continue reading GAC Going Global: Milan Design Week & Shanghai Auto Show 2023
Tag: Strategy
DEKRA increases revenue and transforms for the future
Goals for 2022 achieved Global revenue grows by 7.4% to 3.8 billion euros in the fiscal year 2022 Investments rose by around one-third, reaching 143 million euros Test services for EV batteries and charging infrastructure in high demand Over 500 service offerings for sustainable business operations Securing leading positions in Cyber Security and Artificial Intelligence… Continue reading DEKRA increases revenue and transforms for the future
J.F. Lehman & Company Announces New Hires
NEW YORK, April 24, 2023 /PRNewswire/ — J.F. Lehman & Company (“JFLCO”), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental industries, is pleased to announce several new hires. The firm recently welcomed Evan S. Lederman, Lionel Jolivot, Peter C. Kuper and Winfield S. Browning to the Investment… Continue reading J.F. Lehman & Company Announces New Hires
Global Automotive Aftermarket Expected to Bounce Back Strongly After the Pandemic Debacle at a Fascinating CAGR of 6.5% in the 2022-2031 Timeframe [250-Pages] | Explained by Research Dive
The global automotive aftermarket is expected to grow primarily due to increasing consumer awareness regarding importance of vehicle maintenance and repair. Electrical products sub-segment is expected to flourish immensely. The North America region is predicted to grow at a high CAGR by 2031 NEW YORK, April 24, 2023 /PRNewswire/ — Global Automotive Aftermarket Forecast Analysis:… Continue reading Global Automotive Aftermarket Expected to Bounce Back Strongly After the Pandemic Debacle at a Fascinating CAGR of 6.5% in the 2022-2031 Timeframe [250-Pages] | Explained by Research Dive
ENV Media and KTO Group announce joint venture agreement
SOFIA, Bulgaria, April 24, 2023 /PRNewswire/ — ENV Media is thrilled to announce its latest strategic partnership with KTO Group, a prominent leader in the Brazilian Igaming industry. Through this joint venture, ENV Media will expand its footprint into the thriving Igaming market of Brazil. The agreement encompasses a joint venture that allows ENV Media… Continue reading ENV Media and KTO Group announce joint venture agreement
@VW Group: European race debut for the Porsche 963007066
The Race This was the first time that the Porsche Penske Motorsport works team contested two races on two continents almost at the same time on one weekend. The transatlantic teamwork between the IMSA and World Endurance Champion crews paid off for the sports car manufacturer. In Long Beach, Nick Tandy (United Kingdom) and Matthieu… Continue reading @VW Group: European race debut for the Porsche 963007066
@VW Group: Sprint debut for the Porsche 963 on the streets of Long Beach007065
The Race In glorious sunshine and set against the stunning backdrop of the Pacific coast, the IMSA series treated fans to an extremely entertaining show on the narrow street circuit in Long Bach. Hollywood, barely 50 kilometres away, could hardly have staged it better. The two Porsche 963 fielded by Porsche Penske Motorsport had started… Continue reading @VW Group: Sprint debut for the Porsche 963 on the streets of Long Beach007065
@VW Group: TAG Heuer Porsche Formula E Team receives FIA three-star environmental certification007063
11/04/2023 Porsche Motorsport has earned an important award: The TAG Heuer Porsche Formula E Team has received a three-star environmental certificate from the FIA, which the international automobile federation bestows as part of its certification programme in the ABB FIA Formula E World Championship. This accolade is in recognition of Porsche Motorsport’s successful efforts to… Continue reading @VW Group: TAG Heuer Porsche Formula E Team receives FIA three-star environmental certification007063
@Honda: Summary of 2023 Honda Business Briefing – Honda’s corporate transformation initiatives including electrification
Improvement of the earnings structure for automobile business:The amount of fixed costs for FY2023 (fiscal year ended March 31, 2023) was reduced by more than 10% compared to FY2019.The break-even point for FY2023 based on the percentage of production capacity utilization was roughly 80%, an improvement from roughly 90% in FY2019. Honda will strive to… Continue reading @Honda: Summary of 2023 Honda Business Briefing – Honda’s corporate transformation initiatives including electrification
Skoda Auto to invest Euro 5.6 billion for electric vehicles, plans a small affordable SUV EV by 2025
Skoda Auto to invest Euro 5.6 billion for electric vehicles, plans a small affordable SUV EV by 2025 With a commitment of Euro 5.6 billion, Skoda Auto is accelerating its electrification strategy with plans to launch six battery electric vehicles by 2026. The company plans to enter the affordable small EV market by 2025 with… Continue reading Skoda Auto to invest Euro 5.6 billion for electric vehicles, plans a small affordable SUV EV by 2025