IMPC: Perfect strategy puts Stephen Cameron Racing on the podium. The IMSA Michelin Pilot Challenge held a four-hour race this weekend, ‘Road America 240’ on the track of the same name in the US state of Wisconsin. The Stephen Cameron Racing team devised the perfect strategy to pull off a recovery race that put… Continue reading @BMW: BMW M Motorsport News, 10th August 2022002190
Tag: Strategy
@BMW: BMW Group Plant Dingolfing’s Assembly wins “Automotive Lean Production Award”002189
+++ Plant Dingolfing Technology Assembly is the winner of the prestigious industry competition in the “OEM” category +++ Jury praises smart digitalization with speedy implementation +++ Consistent implementation of the BMW iFACTORY mission +++ Dingolfing. High praise for the BMW Group Plant Dingolfing: The 2022 “Automotive Lean Production Award” in the “OEM” (Original Equipment… Continue reading @BMW: BMW Group Plant Dingolfing’s Assembly wins “Automotive Lean Production Award”002189
North American Light Vehicle Market Report 2022: Electric Vehicle Market Penetration, EV Trends, and Key Upcoming EV Models till 2025
DUBLIN, Aug. 10, 2022 /PRNewswire/ — The “North American Light Vehicle Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. In 2021, North American light vehicle sales reached 16.8 million and is forecast to surpass 19 million by 2025 growing at a CAGR of 3.3%. The study aims to provide an overview of the automotive industry… Continue reading North American Light Vehicle Market Report 2022: Electric Vehicle Market Penetration, EV Trends, and Key Upcoming EV Models till 2025
BorgWarner Secures Second Integrated Drive Module Award with Hyundai Motor Company
Integrated drive module (iDM) to power a second Hyundai Motor Company (HMC) A-segment electric vehicle, with production starting in 2024 Second iDM business award with HMC in less than 2 years Technology provides high power density and efficiency Scalable, modular iDM design customizable to customer requirements AUBURN HILLS, Mich., Aug. 10, 2022 /PRNewswire/ — BorgWarner’s… Continue reading BorgWarner Secures Second Integrated Drive Module Award with Hyundai Motor Company
Nikola Announces Leadership Succession; Michael Lohscheller to Become CEO
Mark Russell to retire as Chief Executive Officer of Nikola Corporation, effective January 1, 2023 Michael Lohscheller, current Nikola Motor President, named successor; will assume President title, effective immediately PHOENIX, Aug. 10, 2022 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced that Chief Executive Officer… Continue reading Nikola Announces Leadership Succession; Michael Lohscheller to Become CEO
Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal 1st Quarter Ended June 30, 2022 and Forecasts for the Fiscal Year Ending March 31, 2023
TOKYO, Aug. 10, 2022 /PRNewswire/ — Despite some unfavorable factors such as a decrease in automobile unit sales due to the semiconductor supply shortage and the lockdown of Shanghai, and an increase in the cost of raw materials, consolidated operating profit for the fiscal first quarter ended June 30, 2022, amounted to 222.2 billion yen (a… Continue reading Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal 1st Quarter Ended June 30, 2022 and Forecasts for the Fiscal Year Ending March 31, 2023
Innoviz Technologies Provides Commercial Updates and Reports Second Quarter 2022 Financial Results
Selection by Volkswagen’s CARIAD as its direct LiDAR supplier for automated vehicles cements Innoviz’s Tier 1 status TEL AVIV, Israel, Aug. 10, 2022 /PRNewswire/ — Innoviz Technologies Ltd. (Nasdaq: INVZ) (the “Company” or “Innoviz”), a Tier-1 supplier of high-performance, solid-state LiDAR sensors and perception software, today provided updates on commercial traction, technology leadership, and corporate development and… Continue reading Innoviz Technologies Provides Commercial Updates and Reports Second Quarter 2022 Financial Results
China Digest: Jet Commerce raises $60m; Haitai Solar’s $72m IPO; Baijiayun closes in on US listingJet Commerce had closed its Series A funding round i…
Hangzhou-based e-commerce enabler Jet Commerce has completed a Series B round at over $60 million. Separately, Haitai Solar has raised nearly $72 million in its Beijing IPO while Baijiayun has inched closer to its Nasdaq listing. Jet Commerce closes over $60m in Series B Jet Commerce, a China-based e-commerce enabler that focuses on emerging markets,… Continue reading China Digest: Jet Commerce raises $60m; Haitai Solar’s $72m IPO; Baijiayun closes in on US listingJet Commerce had closed its Series A funding round i…
Pakistani restaurant aggregator Pattern raises six-figure funding led by Deosai Ventures
Pattern Technologies, a restaurant aggregator in Pakistan, has raised a six-figure (in US dollars) investment led by early-stage fund Deosai Ventures. The round also saw participation from Sabr Capital, Arbisoft and strategic investors across Singapore, MENA, Europe and the UK. Yahya Humayun, co-founder of Pattern, told DealStreetAsia that the exact funding amount has not been… Continue reading Pakistani restaurant aggregator Pattern raises six-figure funding led by Deosai Ventures
German Manager Magazin: Sixt: Business figures allow shares to take off001965
The car rental company Sixt continued strong demand for its rental cars in Europe and the United States in the second quarter United States benefits. Sixt was able to charge higher rental prices because people are traveling significantly more again after two years of the corona pandemic and are therefore booking rental cars more often.… Continue reading German Manager Magazin: Sixt: Business figures allow shares to take off001965