AUTO

16 Feb 2018

Yamaha's Global Motorsports Strategy and Team Line-ups for 2018

(AETOS Wire)-- Yamaha Motor Co., Ltd. (TOKYO:7272) (ISIN:JP3942800008) is actively engaged in racing efforts all over the world in order to develop technologies and personnel under three main principles: raising the value of the Yamaha brand, acquiring"...

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15 Feb 2018

McLaren Formula 1 Driver Fernando Alonso to Keynote at Mobile World Congress 2018

(AETOS Wire) -- The GSMA today announced that McLaren Formula 1 Driver and double World Champion Fernando Alonso will be a featured speaker in a keynote session taking place on Tuesday, 27 February at Mobile World Congress in Barcelona.

Widely"...

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13 Feb 2018

Yamaha Motor Marks Record Annual Profit in 2017

(AETOS Wire) -- Yamaha Motor Co., Ltd. (TOKYO:7272)(ISIN:JP3942800008) announced today that net income soared nearly 61% to a company-record 101.6 billion yen in fiscal 2017, which finished on December 31. The huge increase was driven by sales of higher-end products and cost reductions achieved through advanced processes for manufacturing and refined development methods for platform- and global-model motorcycles. Net sales rose over 11% to 1.67 trillion yen on strong sales of motorcycles in the ASEAN region, outboard motors in the US and surface mounters and industrial robots. Ordinary income surged nearly 52% to 154.8 billion yen. Motorcycle......

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13 Feb 2018

Increased Digitization and Proliferation of Electric Vehicles and Alternate Fuels to Revolutionize the Forecourts of the Future into Automated and SMART Stations

Forecourts have undergone a massive evolution from the stand-alone fuel dispensing kiosks of the 60s to supermarket and convenience retailing zones of current times; from personnel operated to self-service to automated pumping and also the transition from a fuel station to a pit stop. Over"...

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12 Feb 2018

Egypt opens country's first electric vehicle charging station

Egypt on Sunday opened the country's first electric vehicle charging unit, as countries around the world incrasingly move toward a battery-powered car market.

Egyptian Minister of Trade and Industry Tarek"...

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09 Feb 2018

1936 Bugatti Type 57SC Coupé Atlantic Wins Third Annual the Peninsula Classics Best of the Best Award

(AETOS Wire)-- A rare and beautiful 1936 Bugatti Type 57SC Atlantic was named the winner of the prestigious The Peninsula Classics Best of the Best Award today at The Peninsula Paris hotel. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180208005630/en/ Now in its third year, The Peninsula Classics Best of the Best Award brought together eight of the world’s finest classic cars—the best of show winners from the top international concours—to compete for the title of the most exceptional motor car in the world. The Bugatti is co-owned by the Mullin Automotive Museum,......

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07 Feb 2018

Tommy Hilfiger Partners with Formula One World Champions Mercedes-AMG Petronas Motorsport

(AETOS Wire) -- Tommy Hilfiger, which is owned by PVH Corp. [NYSE: PVH], announces it has formed a multi-year strategic partnership with four-time Formula One World Champions Mercedes-AMG Petronas Motorsport. Starting in the 2018 season, TOMMY HILFIGER will be the Official Apparel Partner of Mercedes-AMG Petronas Motorsport, building on the sport sponsorship heritage that Tommy Hilfiger has embraced since first founding his brand. The partnership with the world’s top Formula One team and leading automobile innovator underscores Tommy Hilfiger’s vision to continuously elevate and expand the brand in key markets for the next generation......

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25 Jan 2018

Egypt's taxis continue court fight against ride-sharing apps

On Jan. 16, the Egyptian Administrative Court again postponed examination of a lawsuit filed by Egyptian taxi drivers demanding that the government suspend the Uber and Careem ride services. The court set a new hearing date of Feb. 27. The suit was filed a year ago, on Feb. 13, 2017. The two transportation network companies (TNCs) offer transport by pairing riders with drivers via a mobile application. Uber and Careem launched in Egypt in 2014, and both have continued to operate through the delayed hearings — now at six — easing their way into Egyptians' daily routines. In 2017, Careem had 3 million registered users in the country,......

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25 Jan 2018

Citi Private Bank Sponsors Motor Racing Legend Fernando Alonso at Daytona

(AETOS Wire) -- Citi Private Bank is proud to announce its sponsorship of motor racing legend Fernando Alonso for his debut appearance in the Rolex 24 at Daytona beginning January 27, 2018.

The"...

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24 Jan 2018

Uber Eats to launch in Egypt and Saudi Arabia this year

Global food delivery app Uber Eats will launch in Cairo and Riyadh this year, the ride-hailing company Uber announced in an e-mailed press release on Monday.

The statement did not specify the value of investments"...

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