Full Truck Alliance Chief Scientist Takes the Stage at COP27 to Discuss Carbon Reduction Emissions in Transportation

SHARM EL SHEIKH, Egypt, Nov. 18, 2022 /PRNewswire/ — The 2022 United Nations Climate Change Conference, or COP27, is currently underway in Sharm El Sheikh, Egypt, a gathering between prominent global figures to find concrete solutions to the global climate emergency, including on mitigation, adaptation and resilience, loss and adapting to the issues of climate change.… Continue reading Full Truck Alliance Chief Scientist Takes the Stage at COP27 to Discuss Carbon Reduction Emissions in Transportation

LAURENT GARDINIER, NEW PRESIDENT OF RELAIS & CHÂTEAUX, ELECTED ON NOVEMBER 14, 2022, IN VENICE, AT THE 52ND ANNUAL CONGRESS OF THE ASSOCIATION

It’s official: Laurent Gardinier has been named successor to current president Philippe Gombert. He will take over the role on January 1, 2023 following a six-week handover. The new President: reaffirming our commitments PARIS, Nov. 17, 2022 /PRNewswire/ — Laurent Gardinier, a co-owner, along with his brothers, of Relais & Châteaux Domaine Les Crayères in… Continue reading LAURENT GARDINIER, NEW PRESIDENT OF RELAIS & CHÂTEAUX, ELECTED ON NOVEMBER 14, 2022, IN VENICE, AT THE 52ND ANNUAL CONGRESS OF THE ASSOCIATION

Penske Automotive Group Publishes 2022 ESG Report

BLOOMFIELD HILLS, Mich., Nov. 18, 2022 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial trucks retailers, has published its 2022 Environmental, Social and Governance (“ESG”) Report.  The 2022 report focuses on progress with respect to the Company’s ESG initiatives, sharing certain… Continue reading Penske Automotive Group Publishes 2022 ESG Report

Jaguar Land Rover to hire redundant Meta and Twitter staff

Jaguar Land Rover (JLR) plans to capitalise on mass lay-offs at Meta and Twitter as it accelerates its push to become a data-first company. JLR is offering “almost 800” vacancies across China, Hungary, India, Ireland, the UK and the US with hybrid working patterns for those displaced in the tech industry. The emphasis of hybrid working is… Continue reading Jaguar Land Rover to hire redundant Meta and Twitter staff

Autumn Statement confirms rising costs for electric fleets

Electric vehicle fleets are facing rising operating costs, as the Autumn Statement details £55 billion of tax and spending reforms over the next five financial years. Following industry lobbying, fleets received long-overdue confirmation of company car tax bands to April 2028. These are CO2-weighted percentages of the list price used to calculate a car’s taxable… Continue reading Autumn Statement confirms rising costs for electric fleets

Lear Acquires Industry 4.0 Specialist InTouch Automation

InTouch automates complex testing process in seating assembly SOUTHFIELD, Mich., Nov. 18, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced the strategic acquisition of InTouch Automation, a supplier of Industry 4.0 technologies and complex automated testing equipment critical in the production of automotive seats. Lear… Continue reading Lear Acquires Industry 4.0 Specialist InTouch Automation

BorgWarner (BWA) Boosts EV Game With $500M Wolfspeed Investment

In a bid to obtain a reliable supply of silicon-carbide devices, BorgWarner Inc. BWA recently signed a strategic partnership with Wolfspeed, Inc. WOLF, a top-tier player in Silicon Carbide technology. BWA will invest $500 million in Wolfspeed’s financing transaction in exchange for a silicon carbide device capacity corridor. Per the multi-year agreement, BorgWarner will be… Continue reading BorgWarner (BWA) Boosts EV Game With $500M Wolfspeed Investment

Hyundai Kona Named 2023 Hispanic Motor Press City Car of the Year

Thirteenth Annual Awards Recognize Best Vehicles for Hispanic Buyers FOUNTAIN VALLEY, Calif., Nov. 18, 2022 /PRNewswire/ — The Hyundai Kona has been named City Car of the Year in the 2023 Hispanic Motor Press Awards. The 13th Annual awards program recognizes the best vehicles for Hispanic consumers based on styling, driving satisfaction, technology, safety, environmental impact,… Continue reading Hyundai Kona Named 2023 Hispanic Motor Press City Car of the Year

Dayco announces production of its first Carbon Drive Belt for personal mobility in China

ROSEVILLE, Mich., Nov. 18, 2022 /PRNewswire/ — Dayco, a leading global manufacturer of engine products and drive systems for automotive, heavy-duty, and industrial markets, has delivered its first high-strength Dayco Power™ Carbon drive belt for the personal mobility segment in China. The Dayco team along with its strategic partner, Tuoye witnessed this milestone at Dayco’s Suzhou facility… Continue reading Dayco announces production of its first Carbon Drive Belt for personal mobility in China

Full Truck Alliance Chief Scientist Takes the Stage at COP27 to Discuss Carbon Reduction Emissions in Transportation

SHARM EL SHEIKH, Egypt, Nov. 18, 2022 /PRNewswire/ — The 2022 United Nations Climate Change Conference, or COP27, is currently underway in Sharm El Sheikh, Egypt, a gathering between prominent global figures to find concrete solutions to the global climate emergency, including on mitigation, adaptation and resilience, loss and adapting to the issues of climate change.… Continue reading Full Truck Alliance Chief Scientist Takes the Stage at COP27 to Discuss Carbon Reduction Emissions in Transportation