Mazda needs China strategy overhaul to keep up with market, says CEO

Mazda Motor CEO addresses challenges in China’s auto market, emphasizing the need for strategic transformation amidst rising domestic competition and the surge in electric vehicle demand. Japan’s Mazda Motor needs to overhaul its strategy in China where it is fighting to keep up with “severe” competition from domestic players, the automaker’s chief executive said on… Continue reading Mazda needs China strategy overhaul to keep up with market, says CEO

Hyundai Motor’s IONIQ 5 N Debuts at Goodwood Festival of Speed, Setting New Benchmark for High-Performance EVs and Driving Fun

As Hyundai N’s first EV, IONIQ 5 N represents a new segment of driver-focused high performance EVs through new technologies and elevated racetrack capability IONIQ 5 N signals the first step in N’s electrification strategy with future electric N models to follow IONIQ 5 N elevates the three pillars of N performance — Corner Rascal,… Continue reading Hyundai Motor’s IONIQ 5 N Debuts at Goodwood Festival of Speed, Setting New Benchmark for High-Performance EVs and Driving Fun

Webb Fontaine Empowers Guinea Customs with State-of-the-Art Tracking Solutions of Goods in Transit

DUBAI, UAE, July 13, 2023 /PRNewswire/ — Webb Fontaine, a global leader in AI-powered trade technology and Customs facilitation solutions, is proud to announce that Guinea Customs has chosen its state-of-the-art Smart Tracking solutions to enhance trade facilitation processes. Continue Reading Webb Fontaine & Guinea Customs “As a trusted partner to Guinea Customs, we are… Continue reading Webb Fontaine Empowers Guinea Customs with State-of-the-Art Tracking Solutions of Goods in Transit

Segway-Ninebot’s 2023 Prime Day Performance: Sales in North America Exceed 6.73 Million in 48 Hours

NEW YORK, July 14, 2023 /PRNewswire/ — Segway-Ninebot, a leading micro-mobility solutions brand, recently released the performance report for the 2023 Amazon Prime Day in North America. The data released following the 48-hour event from July 11th to 12th showed Segway-Ninebot had sold a total of 14,000 products, including electric KickScooters, Gokarts, and electric self-balancing… Continue reading Segway-Ninebot’s 2023 Prime Day Performance: Sales in North America Exceed 6.73 Million in 48 Hours

AMETEK Announces Second Quarter 2023 Earnings Call and Webcasted Investor Conference Call Information

– Earnings to be released before market opens on Tuesday, August 1, 2023 – BERWYN, Pa., July 14, 2023 /PRNewswire/ — AMETEK, Inc. (NYSE: AME) will issue its second quarter 2023 earnings release before the market opens on Tuesday, August 1, 2023. AMETEK will webcast its second quarter 2023 investor conference call on Tuesday, August… Continue reading AMETEK Announces Second Quarter 2023 Earnings Call and Webcasted Investor Conference Call Information

Renault Group & Geely announce low-emission powertrain joint venture

Geely and Renault Group have signed a binding 50/50 joint venture agreement to launch a new powertrain technology company that aims to become a global leader in developing, manufacturing, and supplying new hybrid powertrains and efficient ICE powertrains. The new company will encompass 17 engine plants and five R&D centers across three continents. Through it,… Continue reading Renault Group & Geely announce low-emission powertrain joint venture

Head of Mobility Institute Berlin Wins Two Business Worldwide Magazine CEO Awards

LONDON, July 13, 2023 /PRNewswire/ — The head of Mobility Institute Berlin (mib) has won twice in the 2023 Business Worldwide Magazine CEO Awards. Dr Jörn Richert was the outright winner in two categories: ‘Best CEO in the Management Consulting Industry’ and ‘Growth Strategy CEO of the Year Germany’. The awards seek to identify and… Continue reading Head of Mobility Institute Berlin Wins Two Business Worldwide Magazine CEO Awards

Head of Mobility Institute Berlin Wins Two Business Worldwide Magazine CEO Awards

LONDON, July 13, 2023 /PRNewswire/ — The head of Mobility Institute Berlin (mib) has won twice in the 2023 Business Worldwide Magazine CEO Awards. Dr Jörn Richert was the outright winner in two categories: ‘Best CEO in the Management Consulting Industry’ and ‘Growth Strategy CEO of the Year Germany’. The awards seek to identify and… Continue reading Head of Mobility Institute Berlin Wins Two Business Worldwide Magazine CEO Awards

Electric Motor And Generator Market Size & Share: Comprehensive Industry Report 2023 – 2032, By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, July 12, 2023 /PRNewswire/ — As per The Business Research Company’s Electric Motor And Generator Global Market Report 2023, the rising demand for electric vehicles (EVs) is expected to propel the… Continue reading Electric Motor And Generator Market Size & Share: Comprehensive Industry Report 2023 – 2032, By The Business Research Company

This Week in Transportation News: 11 Stories You Need to See

A roundup of the week’s most newsworthy auto and transport industry press releases from PR Newswire, including a new crew vehicle for NASA missions and USPS’ new shipping option. NEW YORK, July 14, 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: 11 Stories You Need to See