November 1, 2022 , Windsor, Ontario – The Ram Truck brand will unveil its Ram 1500 Revolution battery-electric vehicle (BEV) concept at the world’s most influential tech event – CES 2023 – in Las Vegas on January 5. Loaded with exclusive advanced technology features, the Ram Revolution BEV Concept is a visionary roadmap and a glimpse… Continue reading @FCA: Ram 1500 Revolution BEV Concept to Debut at CES 2023 in January
Tag: Strategy
Volocopter Raises Additional USD 182 million in Second Signing of Series E Financing Round
BRUCHSAL, Germany, Nov. 1, 2022 /PRNewswire/ — Volocopter, the pioneer of urban air mobility (UAM), has raised an additional USD 182 million in the second signing of its Series E funding round. NEOM – the Red Sea’s smart, cognitive region project – and GLy Capital Management of Hong Kong have joined Volocopter’s diverse investor base. This… Continue reading Volocopter Raises Additional USD 182 million in Second Signing of Series E Financing Round
Global Times: CPC leadership’s trip to Yan’an displays confidence in stable, predictable goal
BEIJING, Nov. 1, 2022 /PRNewswire/ — A news report by Global Times: Less than a week after the conclusion of the 20th National Congress of the Communist Party of China (CPC), General Secretary Xi Jinping led members of the Standing Committee of the Political Bureau of the CPC Central Committee to visit Yan’an. Where is… Continue reading Global Times: CPC leadership’s trip to Yan’an displays confidence in stable, predictable goal
Ram 1500 Revolution BEV Concept to Debut at CES 2023 in January
AUBURN HILLS, Mich., Nov. 1, 2022 /PRNewswire/ — The Ram Truck brand will unveil its Ram 1500 Revolution battery-electric vehicle (BEV) concept at the world’s most influential tech event – CES 2023 – in Las Vegas on January 5. Continue Reading Ram 1500 Revolution BEV Concept to Debut at CES 2023 in January Loaded with… Continue reading Ram 1500 Revolution BEV Concept to Debut at CES 2023 in January
TRUE VALUE COMPANY ACQUIRES THE AGWAY BRAND
Purchase of Brand Trademark a Key Growth Opportunity in the Rapidly Expanding Farm & Ranch Retail Category CHICAGO, Nov. 1, 2022 /PRNewswire/ — True Value Company (“True Value”), one of the world’s largest hardlines wholesalers, today announced it has acquired the brand trademark rights from Agway Farm & Home Supply (“Agway”), a leading wholesale product… Continue reading TRUE VALUE COMPANY ACQUIRES THE AGWAY BRAND
BRAEMAR HOTELS & RESORTS ANNOUNCES AGREEMENT TO ACQUIRE FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH
Acquisition Highlights: Luxury 210-key resort in North Scottsdale nestled in the foothills of the Sonoran Desert near Pinnacle Peak The Company will purchase the asset using $267.8 million of cash on hand Revenue per available room (RevPAR) of $407 forecasted for 2022 year-end Numerous world-class amenities including spa treatments, a bi-level pool and authentic Southwest… Continue reading BRAEMAR HOTELS & RESORTS ANNOUNCES AGREEMENT TO ACQUIRE FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH
Garmin G3000 integrated flight deck selected by L3Harris for USSOCOM Armed Overwatch contract
OLATHE, Kan., Nov. 1, 2022 /PRNewswire/ — Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced L3Harris Technologies’ (NYSE: LHX) selection of Garmin’s G3000™ tandem integrated flight deck as part of a U.S. Special Operations Command (USSOCOM) Armed Overwatch program contract. L3Harris’ Sky Warden™ platform includes the first forward-fit deployable combat aircraft featuring Garmin’s G3000… Continue reading Garmin G3000 integrated flight deck selected by L3Harris for USSOCOM Armed Overwatch contract
Lithia & Driveway (LAD) Increases Share Repurchase Authorization by $450 Million
MEDFORD, Ore., Nov. 1, 2022 /PRNewswire/ — Lithia & Driveway (NYSE:LAD) announced today an increase of $450 million to its share repurchase authorization by its Board of Directors, bringing total funds available for future repurchases to approximately $500 million. “This announcement reflects our continued confidence in our long-term growth strategy and ability to consolidate the largest retail industry… Continue reading Lithia & Driveway (LAD) Increases Share Repurchase Authorization by $450 Million
AMETEK Announces Record Third Quarter Results and Raises 2022 Guidance
BERWYN, Pa., Nov. 1, 2022 /PRNewswire/ — AMETEK, Inc. (NYSE: AME) today announced its financial results for the third quarter ended September 30, 2022. AMETEK’s third quarter 2022 sales were a record $1.55 billion, an 8% increase over the third quarter of 2021, with organic sales growth of 11%. Operating income increased 14% to a… Continue reading AMETEK Announces Record Third Quarter Results and Raises 2022 Guidance
AMETEK Announces Two Acquisitions
— Navitar Expands AMETEK’s High End Precision Optics Capabilities — — RTDS Technologies Broadens AMETEK’s Power Test and Measurement Capabilities — BERWYN, Pa., Nov. 1, 2022 /PRNewswire/ — AMETEK, Inc. (NYSE: AME) today announced that it has completed two acquisitions – Navitar, Inc. and RTDS Technologies Inc. Combined, AMETEK deployed approximately $430 million on these… Continue reading AMETEK Announces Two Acquisitions