@BMW: BMW Group expects profitable growth in 2023 – through dynamic BEV ramp-up and high-end premium segment002577

Munich, Germany – March 15, 2023… With the prospect of profitable growth in a persistently challenging business environment, combined with a very dynamic increase in sales of electric vehicles, the BMW Group is looking ahead to financial year 2023, with tailwinds from last year’s success — based on highly attractive and technologically outstanding products. The company… Continue reading @BMW: BMW Group expects profitable growth in 2023 – through dynamic BEV ramp-up and high-end premium segment002577

@BMW: Statement and Presentation Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, BMW Group Annual Conference 2023002576

Good Morning, Ladies and Gentlemen. As you know, the BMW Group consistently delivers on its strategic priorities, excellence in execution and compelling returns for all stakeholders. 2022 was no exception. Our Group EBT margin stood at 16.5%. Our Automotive operating earnings increased 7.8% year-on-year. The EBIT margin for the segment of 8.6% was at the upper end of… Continue reading @BMW: Statement and Presentation Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, BMW Group Annual Conference 2023002576

German Handelsblatt: Car manufacturer: VW expands electric ID series with small car006509

Volkswagen has shown a design for the small electric car, with which the group’s core brand wants to expand its ID series downwards. The car (working title “ID.2all”) should be launched by 2026, be about the size of a current VW Polo and be produced in Spain. The series version for the European home market… Continue reading German Handelsblatt: Car manufacturer: VW expands electric ID series with small car006509

German Handelsblatt: Car manufacturer: VW expands electric ID series with small car006509

Volkswagen has shown a design for the small electric car, with which the group’s core brand wants to expand its ID series downwards. The car (working title “ID.2all”) should be launched by 2026, be about the size of a current VW Polo and be produced in Spain. The series version for the European home market… Continue reading German Handelsblatt: Car manufacturer: VW expands electric ID series with small car006509

David S. Brown Enterprises Announces New Tenant At Metro Centre Owings Mills

OWINGS MILLS, Md., March 15, 2023 /PRNewswire/ — Element Fleet Management Corp., the largest pure-play automotive fleet manager in the world, has signed a lease to occupy 64,000 square feet of Class A Office Space at Metro Centre at Owings Mills. Approximately 250 employees will occupy the space by the end of 2023. Continue Reading… Continue reading David S. Brown Enterprises Announces New Tenant At Metro Centre Owings Mills

Industry Veteran Rieber Joins LSQ Supply Chain Finance Team

ORLANDO, Fla., March 15, 2023 /PRNewswire/ — LSQ, a leading provider of technology-driven working capital financing and payments solutions, announces the hire of Brian Rieber as Vice President of Working Capital Solutions. In his role, Rieber will be focused on helping companies create supply chain finance programs to meet their liquidity needs. Rieber has more… Continue reading Industry Veteran Rieber Joins LSQ Supply Chain Finance Team

La recuperación continúa: el ejercicio fiscal 2022 de Fraport se caracteriza por una fuerte demanda

El resultado del Grupo mejora hasta alcanzar los 166,6 millones de euros – El CEO Schulte espera un crecimiento continuo del tráfico durante el verano que oscile entre un 15 y un 25 % – Objetivos climáticos más estrictos para 2030: Fraport pretende reducir las emisiones de carbono en un 78 % en comparación con 1990, el año… Continue reading La recuperación continúa: el ejercicio fiscal 2022 de Fraport se caracteriza por una fuerte demanda

Electric Traction Motor Market Will Reach USD 34,891 Million by 2030, Says P&S Intelligence

NEW YORK, March 15, 2023 /PRNewswire/ — The electric traction motor market size is projected to be USD 34,891 million by 2030, advancing at a CAGR of 13.5% over this decade, as per P&S Intelligence. This growth can be ascribed to the increasing need for low-energy-consumption motors, growing expenditure on EVs due to governments’ supportive guidelines for their adoption,… Continue reading Electric Traction Motor Market Will Reach USD 34,891 Million by 2030, Says P&S Intelligence

Kindred publishes Annual and Sustainability Report for 2022

VALLETTA, Malta, March 15, 2023 /PRNewswire/ — Kindred Group has today published its combined Annual and Sustainability Report for the 2022 financial year. The report can be accessed on Kindred Group’s website www.kindredgroup.com. Kindred Group plc (Kindred) has today published its combined Annual and Sustainability Report for the 2022 financial year. The report provides an introduction… Continue reading Kindred publishes Annual and Sustainability Report for 2022