Ferrari’s profits jump 13% in 2022, supercar maker expects an even better year in 2023

Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Thursday reported full-year profit up 13% year over year and guided to an even stronger year in 2023 on what its CEO called “persistently high demand”… Continue reading Ferrari’s profits jump 13% in 2022, supercar maker expects an even better year in 2023

Toyota sees new era of leadership under Lexus chief

A Toyota staffer polishes a vehicle at the Shanghai auto show in 2021. [Photo by Li Fusheng/China Daily] Toyota’s chief executive will step down as head of the company that his grandfather founded, the automaker said on Thursday. The Japanese auto giant has struggled to adapt to electric vehicles and so will be headed by… Continue reading Toyota sees new era of leadership under Lexus chief

$64.5 Billion Worldwide Electronic Stability Control (ESC) Industry to 2030 – Featuring Continental, Delphi Automotive, Denso and Hitachi Among Others

DUBLIN, Feb. 2, 2023 /PRNewswire/ — The “Electronic Stability Control (ESC) – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering. The global market for Electronic Stability Control (ESC) estimated at US$34.4 Billion in the year 2022, is projected to reach a revised size of US$64.5 Billion by 2030, growing at a CAGR of… Continue reading $64.5 Billion Worldwide Electronic Stability Control (ESC) Industry to 2030 – Featuring Continental, Delphi Automotive, Denso and Hitachi Among Others

@VW Group: Volkswagen launches electrifying collaboration with Marvel Studios’ Ant-Man and The Wasp: Quantumania006580

Marking the release of Marvel Studios’ “Ant-Man and The Wasp: Quantumania”, in U.S. theaters starting February 17, Volkswagen is launching a global 360-degree campaign that puts the ID.4 in the limelight with custom content inspired by the movie. The cooperation is based on the product placement of the all-electric vehicle as the Super Hero’s family… Continue reading @VW Group: Volkswagen launches electrifying collaboration with Marvel Studios’ Ant-Man and The Wasp: Quantumania006580

@VW Group: Italdesign and CLIMB-E at CES 2023006580

Italdesign is celebrating its 55th anniversary at CES 2023 in Las Vegas with Climb-E, an autonomous transportation concept, and its fresh and dynamic corporate image. Climb-E embraces evolution in the concept of local sustainable urban mobility into continuous sustainable urban mobility. Along with its intended privately owned use, Climb-E can bring services to consumers through… Continue reading @VW Group: Italdesign and CLIMB-E at CES 2023006580

GEP’S SUBHASH MAKHIJA TAPPED FOR THE PRESTIGIOUS CNBC CEO COUNCIL

Subhash Makhija leads NJ-based global procurement and supply chain powerhouse GEP. Expected to bring deep understanding of supply chain risk and resilience, sustainability and digital transformation to preeminent leadership group. CLARK, N.J., Feb. 2, 2023 /PRNewswire/ — GEP, a leading provider of procurement software and services to Fortune 500 and Global 2000 enterprises worldwide, today… Continue reading GEP’S SUBHASH MAKHIJA TAPPED FOR THE PRESTIGIOUS CNBC CEO COUNCIL

Sojern Expands Leadership Team With Strategic New Hires

SAN FRANCISCO, Feb. 2, 2023 /PRNewswire/ — Sojern, the leading digital marketing platform built for travel, today announced the expansion of its leadership team with strategic new hires. The new hires come at a time when many technology companies face market challenges. With the recovery of the travel industry underway, Sojern’s business supports travel brands… Continue reading Sojern Expands Leadership Team With Strategic New Hires

Dusit Hotels and Resorts all set for Japan and Europe debut – plus more new properties slated to open in key destinations this year

Fourteen hotels and resorts are set to be added to Dusit’s portfolio this year across China, Greece, India, Japan, Kenya, Nepal, and Thailand. BANGKOK, Feb. 2, 2023 /PRNewswire/ — Dusit Hotels and Resorts under Dusit International, one of Thailand’s leading hotel and property development companies, has announced its expansion plans for 2023, including debuting its… Continue reading Dusit Hotels and Resorts all set for Japan and Europe debut – plus more new properties slated to open in key destinations this year

SKF increases regionalization in North America

Greenfield factory investment totaling SEK 700 million will support strategic development in the Americas and meet customer needs as focus on electrification increases GOTHENBURG, Sweden, Feb. 2, 2023 /PRNewswire/ — SKF is further strengthening its value chain in North America. Investments totaling SEK 700 million are being made in locating engineering and manufacturing capabilities in… Continue reading SKF increases regionalization in North America

Kip Fulks, Co-Founder of Under Armour, Joins ORIGIN as Full-time Strategic Advisor and Partner

Former COO Behind Multi-billion Dollar Apparel Company Re-dedicates Himself to Bringing Back American Manufacturing FARMINGTON, Maine , Feb. 2, 2023 /PRNewswire/ — ORIGIN, recognized for its commitment to resurrecting American manufacturing with a domestic supply chain and workforce, announces Kip Fulks as a full-time Strategic Advisor and Partner. Continue Reading “I used to be part of… Continue reading Kip Fulks, Co-Founder of Under Armour, Joins ORIGIN as Full-time Strategic Advisor and Partner