Honda

The Week in Press Releases: 12 Stories You Need to See

Retrieved on: 
Friday, September 15, 2023

NEW YORK, Sept. 15, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

Key Points: 
  • A roundup of the most newsworthy press releases from PR Newswire this week, including J.M.
  • Smucker's acquisition of Hostess Brands and TIME's list of 100 Rising Stars.
  • NEW YORK, Sept. 15, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • Click on the press release headlines to access accompanying multimedia assets that are available for download.

BMW, Ford and Honda Agree to Create ChargeScape, a New Company Focused on Optimizing Electric Vehicle Grid Services

Retrieved on: 
Wednesday, September 13, 2023

- ChargeScape will aim to provide EV customers financial benefits through EV-enabled grid services, as well as reduce EV customers' personal carbon footprints while supporting grid resiliency.

Key Points: 
  • - ChargeScape will aim to provide EV customers financial benefits through EV-enabled grid services, as well as reduce EV customers' personal carbon footprints while supporting grid resiliency.
  • Torrance, Calif., Sept 13, 2023 - (JCN Newswire) - BMW Group, Ford Motor Company and American Honda Motor Co., Inc. today announced that they have entered into an agreement to create ChargeScape, LLC, a new equally-owned company that will create a single, cost-effective platform connecting electric utilities, automakers and interested electric vehicle customers.
  • The closing of the transaction and subsequent formation of ChargeScape is pending regulatory approvals, with the company expected to be operational early next year.
  • This will support the many EV customers who do not use "smart" chargers at home, as their EVs would otherwise be unreachable for grid services.

NordicNinja, Europe’s Largest Japanese VC, Announces €200M Fund II to Help Founders Tackle Global Challenges

Retrieved on: 
Tuesday, September 12, 2023

Founded in 2019, NordicNinja is a team with a global mindset that unites world-class former founders, operators, and engineers turned investors from Northern Europe and Japan.

Key Points: 
  • Founded in 2019, NordicNinja is a team with a global mindset that unites world-class former founders, operators, and engineers turned investors from Northern Europe and Japan.
  • The partners have also been significant angel investors, co-founding the Superangel fund, and managing a Japanese clean energy investment fund.
  • With Fund II, NordicNinja will continue to invest in early-stage founders driving impactful change in sustainability and the digital society.
  • A cofounder of Superangel Fund and a member of Kauffman Fellows, global network of innovation investors.

BMW, Ford and Honda Agree to Create ChargeScape, a New Company Focused on Optimizing Electric Vehicle Grid Services

Retrieved on: 
Tuesday, September 12, 2023

ChargeScape will aim to provide EV customers financial benefits through EV-enabled grid services, as well as reduce EV customers' personal carbon footprints while supporting grid resiliency.

Key Points: 
  • ChargeScape will aim to provide EV customers financial benefits through EV-enabled grid services, as well as reduce EV customers' personal carbon footprints while supporting grid resiliency.
  • TORRANCE, Calif., Sept. 12, 2023 /PRNewswire/ -- BMW Group, Ford Motor Company and American Honda Motor Co., Inc. today announced that they have entered into an agreement to create ChargeScape, LLC, a new equally-owned company that will create a single, cost-effective platform connecting electric utilities, automakers and interested electric vehicle customers.
  • The closing of the transaction and subsequent formation of ChargeScape is pending regulatory approvals, with the company expected to be operational early next year.
  • ChargeScape's platform will give electric utilities access to EV battery energy across a wide pool of EVs.

PAN GLOBAL REPORTS DRILL RESULTS FOR CAÑADA HONDA AND ZARCITA TARGETS AT THE ESCACENA PROJECT, SPAIN

Retrieved on: 
Friday, September 8, 2023

VANCOUVER, BC, Sept. 8, 2023 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce positive results for its follow-up drilling at the Cañada Honda and Zarcita targets at the 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain.

Key Points: 
  • VANCOUVER, BC, Sept. 8, 2023 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce positive results for its follow-up drilling at the Cañada Honda and Zarcita targets at the 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain.
  • Three follow-up drill holes have been completed at the Cañada Honda copper-gold target and an additional 13 drill holes have been completed at the Zarcita copper target.
  • Drill hole assay results for Cañada Honda are summarized in Table 1 and collar details are presented in Table 2 below.
  • Table 1 – Cañada Honda drill results summary (all intervals close to true thickness); Results in italics for CHD05 were first reported on July 4, 2023.

PAN GLOBAL REPORTS DRILL RESULTS FOR CAÑADA HONDA AND ZARCITA TARGETS AT THE ESCACENA PROJECT, SPAIN

Retrieved on: 
Friday, September 8, 2023

VANCOUVER, BC, Sept. 8, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce positive results for its follow-up drilling at the Cañada Honda and Zarcita targets at the 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain. Both targets are located 4km north of the La Romana copper-tin-silver discovery where ongoing drilling is extending mineralization at Romana West. Three follow-up drill holes have been completed at the Cañada Honda copper-gold target and an additional 13 drill holes have been completed at the Zarcita copper target.

Key Points: 
  • VANCOUVER, BC, Sept. 8, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) is pleased to announce positive results for its follow-up drilling at the Cañada Honda and Zarcita targets at the 100%-owned Escacena Project in the Iberian Pyrite Belt, southern Spain.
  • Three follow-up drill holes have been completed at the Cañada Honda copper-gold target and an additional 13 drill holes have been completed at the Zarcita copper target.
  • Drill hole assay results for Cañada Honda are summarized in Table 1 and collar details are presented in Table 2 below.
  • Table 1 – Cañada Honda drill results summary (all intervals close to true thickness); Results in italics for CHD05 were first reported on July 4, 2023.

Steele Honda Expands Its Lineup with the Arrival of the 2024 Honda CR-V

Retrieved on: 
Thursday, September 7, 2023

ST. JOHN'S, Newfoundland, Sept. 7, 2023 /PRNewswire-PRWeb/ -- Steele Honda, a beacon of automotive excellence in the heart of Texas, proudly announces the latest addition to its stellar lineup—the 2024 Honda CR-V. With its captivating design, spirited performance, inviting interior, Honda Sensing® and cutting-edge technology, this SUV is poised to redefine the driving experience.

Key Points: 
  • St. John's customers looking for an SUV must check out the latest 2024 Honda CR-V at the Steele Honda dealership.
  • The 2024 Honda CR-V, a true visual delight, boasts a streamlined design.
  • Customers are encouraged to drop by the Steele Honda dealership located at 547 Kenmount Road, St. John's, NL A1B 4J8.
  • Drivers can also schedule a test drive of the 2024 Honda CR-V online and contact the friendly and knowledgeable dealership staff at 709-579-1999 for further information.

Auto Dealership Buy/Sell Market Defies Interest Rates with Record-Setting Activity and Historically High Valuations Supported by Dealer Liquidity

Retrieved on: 
Tuesday, September 5, 2023

According to the Blue Sky Report, dealership earnings remain 3-times higher than the pre-pandemic period, despite declining ~20% since their peak in 2022.

Key Points: 
  • According to the Blue Sky Report, dealership earnings remain 3-times higher than the pre-pandemic period, despite declining ~20% since their peak in 2022.
  • These buyers are thinking big: year-to-date there were 69 multi-dealership transactions in the first half of 2023, representing 33% of the buy/sell market.
  • Kerrigan Advisors also releases monthly The Kerrigan Index™ composed of the seven publicly traded auto retail companies with operations focused on the US market.
  • The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail.

Ohio Ranks Number One in Global Groundwork Index by Site Selection Magazine

Retrieved on: 
Thursday, August 31, 2023

Columbus, OH, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Governor Mike DeWine, Lt Governor Jon Husted, Ohio Department of Development, and JobsOhio are proud to announce that Ohio has been ranked number one in the Global Groundwork Index by Site Selection magazine based on an analysis of job creation, capital expenditures, and strategic infrastructure development from 2019 through July 2023.

Key Points: 
  • Columbus, OH, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Governor Mike DeWine, Lt Governor Jon Husted, Ohio Department of Development, and JobsOhio are proud to announce that Ohio has been ranked number one in the Global Groundwork Index by Site Selection magazine based on an analysis of job creation, capital expenditures, and strategic infrastructure development from 2019 through July 2023.
  • "Ohio ranks Number One in the Global Groundwork Index because we recognize the importance of making strategic investments today that will impact Ohio's future," said Ohio Governor Mike DeWine.
  • "We have prepared Ohio to win, and it is great to see the team effort being recognized as a success."
  • Site Selection's Global Groundwork Index methodology is the first of its kind.

Mercedes-Benz's legal win over car dealers could transform the way new cars are sold in Australia

Retrieved on: 
Thursday, August 31, 2023

Federal Court judge Jonathan Beach had been expected to deliver his decision at the beginning of the year.

Key Points: 
  • Federal Court judge Jonathan Beach had been expected to deliver his decision at the beginning of the year.
  • It was finally handed down yesterday, after a nine-month delay that highlights the significance of the case.
  • It dismisses all the dealers’ claims against Mercedes-Benz, describing the case as “forensically complex although legally straightforward”.

Why dealers took Mercedes-Benz to court

    • The basis for the dealers’ compensation claim was that Mercedes-Benz allegedly bullied them into signing “agency agreements” that upended this model.
    • The new agreements meant Mercedes-Benz took control of the sales process.
    • It retained ownership of the vehicles and set the sales prices, paying dealers a fixed commission on sales.
    • With dealer showroom traffic already declining, dealers contended that reducing their interaction with customers would dramatically affect their profitability.

Claims dismissed

    • He dismissed all claims against Mercedes-Benz.
    • His judgement upholds Mercedes-Benz’s right to cancel its existing franchisee contracts and replace them with agency agreements.
    • He unambiguously stated that “further consideration needs to be given to the terms of the franchising code and possible modification”.

What does this mean for customers?

    • Fixed-price sales do not appear to blunt Tesla’s momentum, with the Tesla Model Y zooming up the charts to become Australia’s third-best-selling car.
    • Honda, however, in March 2023 reported a 72% decline, recording its lowest new car sales in its history in Australia.
    • All parties need to reset and refine their roles and responsibilities in a rapidly evolving consumer landscape.