Strategy – Page 7041 – I wish I had more to offer

‘Auto dealers must collaborate, not compete to improve margins’: Ramesh Iyer

With auto sales continuing to be sluggish, and new customer acquisition getting increasingly difficult, Ramesh Iyer, Vice Chairman and MD of Mahindra Finance says that the industry needs to collaborate and not compete, to increase its consumer base. Giving a speech at FADA’s second Finance and Insurance Summit, Iyer spoke on the importance of discipline… Continue reading ‘Auto dealers must collaborate, not compete to improve margins’: Ramesh Iyer

Gestamp forecasts over 50% of its revenues by 2027 will come from EVs

Gestamp, the multinational company specialised in the design, development and manufacturing of highly engineered metal components for the automotive industry, expects that by 2027, more than 50% of its revenues will come from electric vehicles (EVs). The company, which held today its second Capital Markets Day, presented its 2023-2027 Strategic Plan to investors. This future… Continue reading Gestamp forecasts over 50% of its revenues by 2027 will come from EVs

Gestamp forecasts over 50% of its revenues by 2027 will come from EVs

NIO Inc. Announces Strategic Equity Investment from CYVN Holdings

SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has entered into a share subscription agreement with CYVN Holdings L.L.C., an investment vehicle majority owned by the… Continue reading NIO Inc. Announces Strategic Equity Investment from CYVN Holdings

Volaris announces 25 A321neo aircraft, bringing its total backlog to 143 A320neo Family aircraft

PARIS, June 20, 2023 /PRNewswire/ — Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, has disclosed 25 A321neo from a purchase agreement signed in October 2022. These aircraft bring Volaris total backlog to… Continue reading Volaris announces 25 A321neo aircraft, bringing its total backlog to 143 A320neo Family aircraft

Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly

Major aerospace supplier will scale its rate-enabling manufacturing processes for Advanced Air Mobility industry PARIS, June 19, 2023 /PRNewswire/ — Supernal LLC (the Company) and Qarbon Aerospace, Inc. announced today a partnership to mature component welding techniques for future scaled production of electric vertical takeoff and landing (eVTOL) vehicles. This marks the first of two agreements… Continue reading Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly

RIYADH AIR – NEW NATIONAL CARRIER FROM ARABIA ARRIVES IN PARIS TO SHOW THE WORLD THE FUTURE OF FLIGHT

PARIS, June 19, 2023 /PRNewswire/ — A new chapter in travel has arrived on the global stage with the world class, digitally-led airline Riyadh Air, making its international debut at the 54th bi-annual Paris Air Show. The Boeing 787-9 Dreamliner adorned with Riyadh Air’s unique livery touched down after a stunning fly-over the city of Riyadh for… Continue reading RIYADH AIR – NEW NATIONAL CARRIER FROM ARABIA ARRIVES IN PARIS TO SHOW THE WORLD THE FUTURE OF FLIGHT

Comprehensive Report on Aerospace Coatings Market Unveils Promising Growth Factors and Opportunities for Stakeholders || Dataintelo

PUNE, India, June 20, 2023 /PRNewswire/ — Dataintelo, a leading market research firm, has recently published a comprehensive report on the global aerospace coatings market. The report, titled “Aerospace Coatings Market By Resin (Polyurethane, Epoxy, Acrylics, Silicone), By Technology (Water-Based, Solvent-Based, Powder, UV-Cured), By End-User (Commercial & Business Aircraft, Military & Space, Helicopters, UAVs), By… Continue reading Comprehensive Report on Aerospace Coatings Market Unveils Promising Growth Factors and Opportunities for Stakeholders || Dataintelo

Sojern Announces Platform Enhancements to AI-Powered Audiences

SAN FRANCISCO, June 20, 2023 /PRNewswire/ — Sojern, the leading digital marketing platform for the travel industry, announces the latest version of its Sojern Travel Marketing Platform with enhanced Artificial Intelligence (AI)-powered audiences. Sojern has leveraged its long-standing AI capabilities to provide expanded support for more than 10,000 travel marketers annually. Customers include hotels and… Continue reading Sojern Announces Platform Enhancements to AI-Powered Audiences