Audi

An interview with Ricardo Quintas, founder and CEO of Adamastor

Retrieved on: 
Thursday, November 30, 2023

PORTO, Portugal, Nov. 30, 2023 /PRNewswire/ -- Ricardo Quintas is one of the founders of Adamastor and is currently CEO of the Portuguese supercar brand based in Porto. A brand that, starting from a blank sheet of paper and betting on a team that combines experience with young talents, as well as technology and tools developed in-house with cutting-edge digital solutions, aims to design, develop and sell a high-performance supercar scheduled to hit the market as early as 2025.

Key Points: 
  • PORTO, Portugal, Nov. 30, 2023 /PRNewswire/ -- Ricardo Quintas is one of the founders of Adamastor and is currently CEO of the Portuguese supercar brand based in Porto.
  • The Adamastor is the final product of this idea, bringing together two inseparables but sometimes somewhat distant fields.
  • The recruitment of new staff has always kept pace with the need to evolve and acquire new technical knowledge.
  • With this investment we are placing Adamastor at the cutting edge of automotive technology, handcrafting cars far from large volumes.

An interview with Ricardo Quintas, founder and CEO of Adamastor

Retrieved on: 
Thursday, November 30, 2023

PORTO, Portugal, Nov. 30, 2023 /PRNewswire/ -- Ricardo Quintas is one of the founders of Adamastor and is currently CEO of the Portuguese supercar brand based in Porto. A brand that, starting from a blank sheet of paper and betting on a team that combines experience with young talents, as well as technology and tools developed in-house with cutting-edge digital solutions, aims to design, develop and sell a high-performance supercar scheduled to hit the market as early as 2025.

Key Points: 
  • PORTO, Portugal, Nov. 30, 2023 /PRNewswire/ -- Ricardo Quintas is one of the founders of Adamastor and is currently CEO of the Portuguese supercar brand based in Porto.
  • The Adamastor is the final product of this idea, bringing together two inseparables but sometimes somewhat distant fields.
  • The recruitment of new staff has always kept pace with the need to evolve and acquire new technical knowledge.
  • With this investment we are placing Adamastor at the cutting edge of automotive technology, handcrafting cars far from large volumes.

13 Million Reviews Don't Lie: Cars.com Reveals Top Automakers With the Best Reputation

Retrieved on: 
Thursday, November 30, 2023

CHICAGO, Nov. 30, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce"), an audience-driven technology company empowering the automotive industry, today revealed the major automotive brands that have the best reputation amongst consumers. The results were determined using data from the company's exclusive Experience Report, which analyzes consumer reviews on its marketplace about dealerships nationwide. In an era where online reviews significantly influence consumer decisions on what and where to buy, the Experience Report delivers insights into both strong and underperforming areas that impact a dealership's reputation.

Key Points: 
  • The results were determined using data from the company's exclusive Experience Report, which analyzes consumer reviews on its marketplace about dealerships nationwide.
  • In an era where online reviews significantly influence consumer decisions on what and where to buy, the Experience Report delivers insights into both strong and underperforming areas that impact a dealership's reputation.
  • "Based on the 13 million consumer-submitted reviews on Cars.com,1 we're able to provide data-driven insights — across brands, dealership groups and down to the individual dealer level — about strengths and gaps in the retail experience.
  • It factors in recent reviews more heavily, with those garnering fewer than five reviews in a 24-month span marked as "Not Yet Rated."

Amerocap preparing substantial investments in magnesium and critical mineral development in the US and Europe

Retrieved on: 
Tuesday, November 28, 2023

LONDON, Nov. 28, 2023 /PRNewswire/ -- Amerocap, a US-UK private equity investor focused on energy and minerals globally, will ramp up its investments into critical minerals in 2024.

Key Points: 
  • LONDON, Nov. 28, 2023 /PRNewswire/ -- Amerocap, a US-UK private equity investor focused on energy and minerals globally, will ramp up its investments into critical minerals in 2024.
  • Amerocap's critical minerals platform is Verde Magnesium LLC which is investing across the metallic magnesium value chain: R&D, mining, processing, and metallic production.
  • Our flagship magnesium project in Romania has an accelerated investment program for 2024-2026 and was included in the investment pipeline of EU's European Raw Materials Alliance (ERMA).
  • Verde Magnesium is reviewing up to $3 billion of investments and up to 200 kt per year of metallic magnesium capacity globally.

Amerocap preparing substantial investments in magnesium and critical mineral development in the US and Europe

Retrieved on: 
Tuesday, November 28, 2023

LONDON, Nov. 28, 2023 /PRNewswire/ -- Amerocap, a US-UK private equity investor focused on energy and minerals globally, will ramp up its investments into critical minerals in 2024.

Key Points: 
  • LONDON, Nov. 28, 2023 /PRNewswire/ -- Amerocap, a US-UK private equity investor focused on energy and minerals globally, will ramp up its investments into critical minerals in 2024.
  • Amerocap's critical minerals platform is Verde Magnesium LLC which is investing across the metallic magnesium value chain: R&D, mining, processing, and metallic production.
  • Our flagship magnesium project in Romania has an accelerated investment program for 2024-2026 and was included in the investment pipeline of EU's European Raw Materials Alliance (ERMA).
  • Verde Magnesium is reviewing up to $3 billion of investments and up to 200 kt per year of metallic magnesium capacity globally.

VOLKSWAGEN ENGINE COOLANT PUMP SETTLEMENT REACHED IN CANADA

Retrieved on: 
Thursday, November 23, 2023

REGINA, SK, Nov. 23, 2023 /CNW/ - A settlement in Canada has been reached with Volkswagen to resolve allegations of issues with primary engine coolant pumps in certain 2008-2021 Volkswagen and Audi vehicles.

Key Points: 
  • REGINA, SK, Nov. 23, 2023 /CNW/ - A settlement in Canada has been reached with Volkswagen to resolve allegations of issues with primary engine coolant pumps in certain 2008-2021 Volkswagen and Audi vehicles.
  • Volkswagen completely denies any and all wrongdoing or liability, however its motivation in reaching the settlement is to ensure customer satisfaction and confidence in its vehicles.
  • The parties have agreed to settle the class actions in Canada on a without prejudice or admission basis, by way of mutual concessions.
  • Details about the class actions, proposed settlement, and available benefits can be found at canadianwaterpumpsettlement.ca or by contacting the Settlement Administrator at 1-866-642-0774.

The road-legal racing car - the ABT XGT

Retrieved on: 
Thursday, November 23, 2023

The XGT is the quintessence of our heritage," explains Hans-Jürgen Abt.

Key Points: 
  • The XGT is the quintessence of our heritage," explains Hans-Jürgen Abt.
  • Because it was not easy to get the GT2 racing car on the road - the requirements of motorsport and road traffic are too far apart.
  • The highlight: visually, the road-going version differs only marginally from the Audi R8 LMS GT2 racing car.
  • The XGT is not a super sports car with a racing look, it is a road-legal racing car.

Standard Motor Products Expands Additional Categories

Retrieved on: 
Tuesday, November 21, 2023

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) is pleased to announce the expansion of additional categories covering import and domestic vehicles with ICE, hybrid, and electric powertrains. As the car parc evolves, Standard® remains dedicated to introducing and expanding new product lines to provide technicians with the parts needed to do the job right, regardless of powertrain. When OE fails, technicians trust Standard® to deliver precision components that keep a wide variety of systems operating as designed.

Key Points: 
  • Powertrain-neutral expansion includes Standard® Vacuum Pump, Parking Brake Actuator and Power Sunroof programs
    Additional expanded categories include Transfer Case Motors, and Air Pumps
    NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) is pleased to announce the expansion of additional categories covering import and domestic vehicles with ICE, hybrid, and electric powertrains.
  • The Standard® Power Sunroof Motor program has also seen growth, with coverage added for 7.4 million import and domestic vehicles.
  • From ICE powertrains to hybrid and electric, Standard® is already delivering the highest-quality products available, and will continue to do so."
  • All new Standard® products are listed in the catalog found at StandardBrand.com and in electronic catalog providers.

HERE Technologies appoints Mike Nefkens as new CEO to guide world’s leading location platform

Retrieved on: 
Thursday, November 9, 2023

Amsterdam - HERE, the leading location data and technology platform, is pleased to announce the appointment of Mike Nefkens as its new Chief Executive Officer (CEO) effective January 2, 2024.

Key Points: 
  • Amsterdam - HERE, the leading location data and technology platform, is pleased to announce the appointment of Mike Nefkens as its new Chief Executive Officer (CEO) effective January 2, 2024.
  • Mr. Nefkens brings a wealth of leadership and more than three decades of experience across technology, IT, software, cloud services, IOT, and automotive.
  • He is the former President and CEO of Resideo Technologies, a publicly traded company (a Honeywell spin-off), and longtime executive at Hewlett-Packard.
  • Mr. Nefkens served as President of HP Enterprise Services, responsible for a $20 billion P&L and 110,000 employees.

Tagger by Sprout Social Launches Automotive Industry Index Highlighting Influencer Marketing Trends for Auto Makers, Dealers and More

Retrieved on: 
Thursday, November 9, 2023

Tagger by Sprout Social , the global technology leader in making influencer marketing more intelligent, releases its first Automotive Industry Index today.

Key Points: 
  • Tagger by Sprout Social , the global technology leader in making influencer marketing more intelligent, releases its first Automotive Industry Index today.
  • The report, which looks at data for the first half of 2023, highlights which auto brands are winning at influencer marketing and how consumer preferences are shifting when it comes to consuming industry content.
  • “In the past, the auto industry has faced barriers to entry when dipping its toes in the influencer marketing space,” said Dave Dickman, Global Head of Sales and Services at Tagger by Sprout Social.
  • For Tagger’s full 1H Automotive Industry Report, visit: https://www.taggermedia.com/research/1h-2023-global-industry-report-auto... .