Raffaele Marciello (SUI) has secured an early drivers’ title during the Fanatec GT World Challenge Europe Powered by AWS race weekend at Circuit Ricardo Tormo in Valencia. In the final Sprint Cup round of the series on Sunday, the Swiss finished in second place together with his fellow AKKODIS ASP Team driver Timur Boguslavskiy (FIA).… Continue reading @Daimler: Mercedes-AMG Motorsport celebrates early GT World Challenge Europe drivers’ title win
Tag: Strategy
@Ford: Ford Previews Effect of Parts Shortages on Q3 Performance, Reaffirms Full-Year Adjusted EBIT Guidance of $11.5-$12.5B
Adjusted EBIT is a non-GAAP financial measure. Ford does not provide guidance on a net income basis, the comparable GAAP measure. Ford’s net income in 2022 will include potentially significant special items that have not yet occurred and are difficult to predict with reasonable certainty, including gains and losses on pension and OPEB remeasurements and… Continue reading @Ford: Ford Previews Effect of Parts Shortages on Q3 Performance, Reaffirms Full-Year Adjusted EBIT Guidance of $11.5-$12.5B
German Handelsblatt: Automaker: What investors should know about the Porsche IPO005241
Porsche Center Dortmund The IPO is imminent. (Photo: Bloomberg) The largest IPO in Europe for more than ten years starts on Tuesday: Then investors can place their orders for shares in Porsche AG. The stock exchange prospectus required for this was published on Monday evening. With the IPO, the sports car manufacturer is to receive… Continue reading German Handelsblatt: Automaker: What investors should know about the Porsche IPO005241
German Handelsblatt: Volkswagen: Why investment professionals are critical of the Porsche IPO005240
Porsche logo Investment bankers are hoping that Porsche’s IPO will act as some sort of icebreaker. (Photo: Reuters) Despite the economic crisis, fears of inflation and market turbulence, the VW Group is serious about the largest German IPO in a quarter of a century. However, the response from investors is mixed. “With Porsche, one of… Continue reading German Handelsblatt: Volkswagen: Why investment professionals are critical of the Porsche IPO005240
XPeng challenges Tesla FSD with City Navigation Pilot, ‘China’s most advanced’ Advanced Driver Assistance System
Chinese EFV automaker XPeng Motors announced it has launched a pilot program for its City Navigation Pilot (NGP) Advanced Driver Assistance System. With its debut, XPeng claims to be the first Chinese company to deliver such an “high-level” ADAS for complex urban driving, continuing to challenge Tesla’s Full-Self-Driving (FSD) technology overseas. XPeng Motors continues to… Continue reading XPeng challenges Tesla FSD with City Navigation Pilot, ‘China’s most advanced’ Advanced Driver Assistance System
Porsche IPO to raise up to $9.4 billion for parent VW
Volkswagen AG is looking to raise as much as 9.4 billion euros ($9.4 billion) from the initial public offering of its iconic sports-car maker Porsche AG in what could be Europe’s largest listing in more than a decade. The German carmaker said late Sunday it is seeking a valuation of 70 billion to 75 billion… Continue reading Porsche IPO to raise up to $9.4 billion for parent VW
Transfix Launches Transfix TrueRate+, a Proprietary Pricing Program that Delivers the Next Level of Transparency, Trust, and Savings
Introduces Shipper Savings model to the pricing ecosystem to help shippers mitigate risk during peak season and beyond NEW YORK, Sept. 19, 2022 /PRNewswire/ — Transfix, Inc. (“Transfix”), the Intelligent Freight Platform™, today announced the launch of Transfix TrueRate+ (TTR+), a fresh approach to transportation pricing that guarantees tender acceptance, helping to reduce reliance on… Continue reading Transfix Launches Transfix TrueRate+, a Proprietary Pricing Program that Delivers the Next Level of Transparency, Trust, and Savings
@VW Group: Lamborghini LMDh prototype car will fit a V8 twin-turbo hybrid engine005796
The internal combustion V8 twin-turbo is the first racing engine fully developed by Squadra Corse Sant’Agata Bolognese, 19 September 2022 – Lamborghini Squadra Corse has unveiled the first technical specifications of its LMDh project for its upcoming venture into the Hypercar class of the FIA World Endurance Championship and the GTP class of the IMSA WeatherTech… Continue reading @VW Group: Lamborghini LMDh prototype car will fit a V8 twin-turbo hybrid engine005796
@VW Group: ŠKODA AUTO employees take part in GreenWeek005796
Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, explains: “Sustainability is a cornerstone of our NEXT LEVEL – ŠKODA STRATEGY 2030. We’re committed to reducing our environmental impact even further in the future, and we’ve set clear milestones to achieve this. We’re working hard to meet our ambitious targets and continuously discuss innovative… Continue reading @VW Group: ŠKODA AUTO employees take part in GreenWeek005796
Automotive Veteran Hunter Swift Joins Authenticom as Vice President of Sales
LA CROSSE, Wis., Sept. 19, 2022 /PRNewswire/ — Authenticom, a leading data solutions provider known for services like DealerVault, ContactVia and RecordRecharge, has welcomed long-time automotive veteran Hunter Swift to their leadership team. As an 18-year automotive industry veteran, Swift’s wealth of experience aligns with Authenticom’s strategic mission of Connecting the World to Data. With a… Continue reading Automotive Veteran Hunter Swift Joins Authenticom as Vice President of Sales