OTTAWA, ON, Nov. 16, 2022 /PRNewswire/ – The Canadian American Business Council (CABC) is pleased to award its prestigious Corporate Leadership Award to General Motors for its contributions to sustainability, job creation and innovation. Omar Vargas, Vice President and Head of Public Policy, GM accepted the award on behalf of the organization at the CABC’s… Continue reading General Motors awarded Canadian American Business Council 2022 Corporate Leadership Award
Tag: Strategy
Quantix Adds More Than 140 Trucks to its Fleet Following Series of Acquisitions
HOUSTON, Nov. 16, 2022 /PRNewswire/ — Quantix, North America’s leading supply chain services company to the chemical industry, announced today the asset purchases of five fleet owner companies. They are Dobbins Enterprises LLC, C&S Express, Inc., Chancelor Transportation LLC, T&K Chancelor Enterprises LLC and Templet Transit LLC. Quantix also brought on some personnel from the… Continue reading Quantix Adds More Than 140 Trucks to its Fleet Following Series of Acquisitions
BorgWarner to Invest $500 Million in Wolfspeed, Securing up to $650 Million in Annual Capacity for Silicon Carbide Devices
BorgWarner will participate in Wolfspeed’s financing transaction announced earlier today to support Wolfspeed’s multi-year capacity expansion plan Access to a dedicated supply of silicon carbide (SiC) devices is significant to BorgWarner’s inverter growth plan and Charging Forward objectives Wolfspeed and BorgWarner are also exploring a deeper collaboration for the purpose of accelerating technology development DURHAM,… Continue reading BorgWarner to Invest $500 Million in Wolfspeed, Securing up to $650 Million in Annual Capacity for Silicon Carbide Devices
Continental investigates cyberattack after report says data up for sale
Last week it said a cyberattack it reported in August had resulted in some data being stolen from the company. Continental on Tuesday said it was investigating the theft of company data in a cyberattack but declined to comment on media reports that hackers had put the information up for sale. The tyre and automotive… Continue reading Continental investigates cyberattack after report says data up for sale
@Renault: Renault Group launches a shareholding plan for all its employees000437
PRESS RELEASE16/11/2022 Renault Group launches a shareholding plan for all its employees Renault Group is starting up Renaulution Shareplan, an extensive employee shareholding plan. It is aiming to triple the number of its employees who own Renault shares, to 10% of its total shareholder base, by 2030. It is offering 6 free shares to each… Continue reading @Renault: Renault Group launches a shareholding plan for all its employees000437
@Nissan: Nissan pluses up EV ownership with EV Carefree+000897
November 16, 2022 LOS ANGELES – Nissan is making it simpler to switch to an electric vehicle with the launch of a new customer care initiative, EV Carefree+, announced today at Los Angeles Auto Show’s AutoMobility LA. The customer-focused initiative provides Nissan Ariya and LEAF buyers an all-inclusive package to give EV owners a positive,… Continue reading @Nissan: Nissan pluses up EV ownership with EV Carefree+000897
Toyota unveils fifth-gen Prius hybrid – but it won’t be sold in Britain – This is Money
Toyota has this morning unveiled the new Prius in Japan, but its UK business has confirmed that it won’t be sold to customers in Britain due to a lack of demand from our car buyers. The Prius is considered the original poster-boy for green motoring, with the early 2000s seeing it become the car of… Continue reading Toyota unveils fifth-gen Prius hybrid – but it won’t be sold in Britain – This is Money
AEI HorizonX Invests in Solestial as part of its Oversubscribed $10M Seed Round
BOCA RATON, Fla., Nov. 16, 2022 /PRNewswire/ — AEI HorizonX, AE Industrial Partners’ venture capital investment platform formed in partnership with The Boeing Company, today announced an investment in Solestial, Inc. (“Solestial” or the “Company”), a solar energy company for space. AEI HorizonX invested alongside Airbus Ventures, GPVC, Stellar Ventures, Industrious Ventures, and others in… Continue reading AEI HorizonX Invests in Solestial as part of its Oversubscribed $10M Seed Round
China Matters’ Feature: Why Is Hangzhou Popular among Foreigners?
BEIJING, Nov. 16, 2022 /PRNewswire/ — Hangzhou, one of the most renowned cities in China, has become a calling card of the country. As a strategic hub among the ancient Silk Road, it boasts a diversity of cultural heritages such as silk production, seal carving, Longjing tea. These are windows for foreigners to learn about… Continue reading China Matters’ Feature: Why Is Hangzhou Popular among Foreigners?
ZIM Reports Financial Results for the Third Quarter and First Nine Months of 2022
Recorded Q3 2022 Net Income of $1.17 Billion; Continued to Deliver Very Strong Operating Margins Delivered Record Results for the First Nine Months of 2022, including Net Income of $4.2 Billion Revised 2022 Full Year Guidance: Expect to Generate Adjusted EBITDA1 of $7.4-$7.7 Billion and Adjusted EBIT of $6.0-$6.3 Billion Declared Q3 2022 Dividend of Approximately… Continue reading ZIM Reports Financial Results for the Third Quarter and First Nine Months of 2022