Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record
Tag: Strategy
Glion Institute of Higher Education and ESSEC Business School launch a new program: the Global Executive Master’s in Hospitality Leadership
MONTREUX, Switzerland and PARIS-LA DEFENSE, Jan. 25, 2023 /PRNewswire/ — Glion Institute of Higher Education, a benchmark business school specializing in hospitality and luxury professions; and ESSEC Business School, a leading management institution, are joining forces to offer a Global Executive Master’s degree in Hospitality Leadership. This innovative program will meet the needs of professionals… Continue reading Glion Institute of Higher Education and ESSEC Business School launch a new program: the Global Executive Master’s in Hospitality Leadership
Kubota Suits Up with Ross Chastain and Daniel Suárez to Sponsor Trackhouse Chevrolets in Six 2023 NASCAR Cup Series Season Races
Kubota becomes the Official Tractor Company of Trackhouse Racing. Tweet this “Kubota’s accelerated entry into the world of NASCAR is about more than just a commitment to racing,” said Todd Stucke, Kubota Tractor Corporation Senior Vice President of Marketing, Product Support, and Special Projects. “It’s about forming strategic partnerships that align with our core business… Continue reading Kubota Suits Up with Ross Chastain and Daniel Suárez to Sponsor Trackhouse Chevrolets in Six 2023 NASCAR Cup Series Season Races
GOODYEAR ANNOUNCES COST SAVINGS ACTIONS
AKRON, Ohio, Jan. 27, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced cost savings actions in response to a challenging industry environment and cost pressure driven by inflation. Planned rationalization and workforce reorganization would result in an approximately 5% reduction in salaried staff globally, or about 500 positions. “Our fourth… Continue reading GOODYEAR ANNOUNCES COST SAVINGS ACTIONS
This Week in Transportation News: 9 Stories You Need to See
A roundup of the week’s most newsworthy auto and transport industry press releases from PR Newswire, including Lucid’s new electric drive unit and new logistics features from Oracle. NEW YORK, Jan. 27, 2023 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.… Continue reading This Week in Transportation News: 9 Stories You Need to See
Analysis: Google faces greater threat of forced ad unit sale from U.S. lawsuit, article with gallery
Jan 27 (Reuters) – The U.S. government is more likely to force Google (GOOGL.O) to divest a key business with an antitrust lawsuit it filed this week than a group of states that has pursued a similar case for three years, legal experts said. The complaint filed Tuesday in a Virginia federal court by the… Continue reading Analysis: Google faces greater threat of forced ad unit sale from U.S. lawsuit, article with gallery
Aviation Fuel Industry worth $696.2 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, Jan. 27, 2023 /PRNewswire/ — The global Aviation Fuel Market size is estimated to be USD 249.9 billion in 2022 and is projected to reach USD 696.2 billion by 2030, at a CAGR of 13.7% according to a new report by MarketsandMarkets™. Growing demand to reduce GHG emissions and better fuel efficiency of SAF compared… Continue reading Aviation Fuel Industry worth $696.2 billion by 2030 – Exclusive Report by MarketsandMarkets™
Aviation Fuel Industry worth $696.2 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, Jan. 27, 2023 /PRNewswire/ — The global Aviation Fuel Market size is estimated to be USD 249.9 billion in 2022 and is projected to reach USD 696.2 billion by 2030, at a CAGR of 13.7% according to a new report by MarketsandMarkets™. Growing demand to reduce GHG emissions and better fuel efficiency of SAF compared… Continue reading Aviation Fuel Industry worth $696.2 billion by 2030 – Exclusive Report by MarketsandMarkets™
LG sees profit drop in 2022 from lower demand for consumer electronics
LG Electronics saw its operating profit for 2022 drop year-on-year due to the lowered demand for consumer electronics caused by the global economic downturn. The South Korean electronics maker said on Friday that it recorded 3.551 trillion won in operating profit in 2022, a drop of 12.5% from a year ago. The global economic downturn… Continue reading LG sees profit drop in 2022 from lower demand for consumer electronics
German Handelsblatt: SUV coupé pick-up: Only for people who wear glasses – the Audi activesphere concept006058 can do that
Transparent strategy The Audi study has a transparent single-frame front. SUVs with a less bulky rear are called Sportbacks at Audi. With the all-electric and all-wheel drive study activesphere concept, the VW subsidiary is now taking a big step further towards the “Active Sportback”. Because the almost five meter long crossover with clear lines, large… Continue reading German Handelsblatt: SUV coupé pick-up: Only for people who wear glasses – the Audi activesphere concept006058 can do that