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    AUTO

    February 22, 2018

    Uber quits Morocco over regulatory environment

    Three years after beginning its operations in Morocco, Uber announced this week that it will suspend its operations in the country due to regulatory concerns.

    The multinational peer-to-peer ridesharing, food delivery,"...

    February 20, 2018

    Uber suspends service in Morocco after two years

    Uber said on Monday it would suspend operations in Morocco, two years after they began, as it tries to bring its business into line with local laws.

    Uber has already halted services in Norway and Finland as it"...

    February 16, 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"...

    February 15, 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"...

    February 13, 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......

    February 13, 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"...

    February 9, 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,......

    February 7, 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......

    January 29, 2018

    French Automotive Supplier ACOME Opens its Factory in Tangier

    The French company ACOME’s automotive products and systems division opened its new industrial plant in the Tangier Free Zone business park Jan. 24. The site will produce automobile cables, reported the state news agency Maghreb Arab Press. ACOME, or the Cooperative Association of Workers in Electrical Equipment is a manufacturer of cables, fiber optics and synthetic tubes for telecommunication and infrastructure networks, buildings and the automotive industry. The new plant, which required an investment of 19 million euros, covers......

    January 25, 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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