Munich. In April this year the support offered by MINI was directed to SOS Children’s Villages in Poland to alleviate the suffering or children displaced by war in neighboring Ukraine.The weeks before Christmas mark a very special time of the year for many people. The MINI music video for “Driving Home for Christmas” tells the… Continue reading @BMW: BIG LOVE for Christmas – MINI calls to support SOS Children’s Villages.002431
Tag: Strategy
Nissan performance arm primes bespoke electrified sports car
Nissan performance division Nismo is readying a new flagship model for the UK, expected to be a stand-alone sports car. Speaking to Autocar, Nissan Nismo CEO Takao Katagiri confirmed the unnamed model will be sold in the UK as well as mainland Europe and the US, following its release in the car maker’s home country… Continue reading Nissan performance arm primes bespoke electrified sports car
Saudi Arabia’s PIF raises $17b in loan refinancing
Saudi Arabia’s sovereign wealth fund said on Wednesday it had secured a $17 billion loan from a group of 25 banks that will partly refinance a loan it took out in 2018. The Public Investment Fund (PIF) raised $11 billion in 2018 via a five-year loan from 15 banks, which “will be repaid early,” PIF… Continue reading Saudi Arabia’s PIF raises $17b in loan refinancing
Driven Brands to present at the Morgan Stanley Global Consumer & Retail Conference
CHARLOTTE, N.C., Nov. 30, 2022 /PRNewswire/ — Driven Brands Holdings Inc. (NASDAQ: DRVN) (the “Company” or “Driven Brands”) today announced that the Company will present at the Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 6, 2022, at approximately 9:30 a.m. Eastern Time. The live audio webcast will be available via the Driven Brands’ Investor… Continue reading Driven Brands to present at the Morgan Stanley Global Consumer & Retail Conference
GM tweeting has largely gone silent as Musk loses millions in ad dollars
General Motors’ temporary boycott of its advertising on Twitter seems to encompass much of its postings as well. The automaker has gone largely silent on Twitter since Oct. 27, the day billionaire and Tesla CEO Elon Musk bought the social media empire for $44 billion. Last month, GM said it would suspend its paid advertising… Continue reading GM tweeting has largely gone silent as Musk loses millions in ad dollars
Stellantis partnering with Michigan’s Future Energy to get dealers ready for EVs
Jeep-parent Stellantis is partnering with Michigan-based Future Energy to help its more than 2,600 dealers prepare for the transition to electric vehicle sales and service. The automaker, which also owns Ram, Dodge, Chrysler and Fiat, highlighted the partnership in a news release Tuesday. Almost 70% of Stellantis’ dealer network “have started working with Future Energy… Continue reading Stellantis partnering with Michigan’s Future Energy to get dealers ready for EVs
World first: Bosch and Mercedes-Benz’s driverless parking system approved for commercial use
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 45.3 billion euros in 2021, and thus contributed 58 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading World first: Bosch and Mercedes-Benz’s driverless parking system approved for commercial use
Driven Brands to present at the Morgan Stanley Global Consumer & Retail Conference
CHARLOTTE, N.C., Nov. 30, 2022 /PRNewswire/ — Driven Brands Holdings Inc. (NASDAQ: DRVN) (the “Company” or “Driven Brands”) today announced that the Company will present at the Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 6, 2022, at approximately 9:30 a.m. Eastern Time. The live audio webcast will be available via the Driven Brands’ Investor… Continue reading Driven Brands to present at the Morgan Stanley Global Consumer & Retail Conference
China EV maker XPeng pops 45% despite posting wider than expected loss; deliveries expected to fall
XPeng has been dealing with rising material costs, which forced the company to hike the price of its cars earlier this year. Chen Yihang | Visual China Group | Getty Images Chinese electric carmaker XPeng posted a wider than expected loss and its revenue fell short of expectations — thanks to supply chain issues, rising… Continue reading China EV maker XPeng pops 45% despite posting wider than expected loss; deliveries expected to fall
Worldwide Hostels Market to Reach $7.27 Billion by 2026 at a CAGR of 4.9%
DUBLIN, Nov. 30, 2022 /PRNewswire/ — The “Hostels Global Market Opportunities And Strategies To 2031” report has been added to ResearchAndMarkets.com’s offering. The global hostels market reached a value of nearly $5,741.3 million in 2021, having grown at a compound annual growth rate (CAGR) of 1.5% since 2016. The market is expected to grow from… Continue reading Worldwide Hostels Market to Reach $7.27 Billion by 2026 at a CAGR of 4.9%