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Mobility

Yokohama Rubber Co. Bolsters Global Position with Strategic Acquisition of Goodyear's Off-The-Road Tire Business

Submitted by J. Mikhail on

SHERIDAN, WYOMING – July 24, 2024 – Yokohama Rubber Co., Ltd. (YRC) today announced a definitive agreement to acquire the Off-The-Road (OTR) tire business of The Goodyear Tire & Rubber Company for US$905 million. This strategic move significantly expands YRC's global footprint and reinforces its commitment to growth in the thriving off-highway tire sector.

A Strategic Move to Drive Growth

Salvador Technologies Expands Cyber-Attack Recovery Platform in the Maritime Sector

Submitted by J. Mikhail on

SHERIDAN, WYOMING – July 23, 2024 – Amidst escalating cyber threats targeting global shipping and port operations, Salvador Technologies, a pioneer in cyber-attack recovery solutions for critical infrastructure, announces a surge in demand for its innovative platform from maritime organizations. The company's expansion is further fueled by a strategic partnership with the Innovation Center at Israel's Port of Ashdod, opening doors to major ports and terminals across the United States, Europe, and Southeast Asia.

SAIC Motor Cements Industry Leadership with Strong Sales Performance and Advanced NEV Technologies

Submitted by J. Mikhail on

SHERIDAN, WYOMING – July 16, 2024 – SAIC Motor Corporation Limited, a global automotive leader, today announced robust sales figures for May 2024, further solidifying its position as an industry frontrunner. The company reported wholesale sales of 332,000 units and customer deliveries of 347,000 units, demonstrating continued growth and market dominance.

Strategic Focus Fuels Growth:

SAIC Motor Drives Global Growth with Record Sales in April, Bolstered by New Energy Vehicle Success

Submitted by J. Mikhail on

SHERIDAN, WYOMING – July 16, 2024 – SAIC Motor Corporation Limited (SAIC Motor), China's leading automotive manufacturer, today announced robust sales figures for April 2024, highlighting its continued dominance in the domestic market and accelerated expansion in international territories. The company's strong performance is attributed to a diversified brand portfolio, substantial growth in new energy vehicle (NEV) sales, and strategic investments in global markets.

SAIC Motor Accelerates Global Electrification Strategy at Beijing International Auto Show 2024

Submitted by J. Mikhail on

SHERIDAN, WYOMING – July 15, 2024 – SAIC Motor Corporation, China's largest automaker, showcased its dedication to sustainable mobility and technological advancement at the 2024 Beijing International Auto Show, unveiling 97 new vehicles, a significant portion of which were new energy vehicles (NEVs). This impressive display underscores the company's ambitious "Three Year Action Plan for the Development of New Energy Vehicles" and solidifies its position as a global leader in the rapidly evolving electric vehicle market.