GERMANY’S EXOLAUNCH EXPANDS BUSINESS OPERATIONS IN NORTH AMERICA

GERMANY’S EXOLAUNCH EXPANDS BUSINESS OPERATIONS IN NORTH AMERICA

Exolaunch, a provider of launch, deployment, and in-space transportation services, has expanded its business operations and sales in North America by opening offices in Denver, CO and Washington, DC. To lead its US operations (Exolaunch, Inc. doing business as Exolaunch USA), capture new market opportunities, and continue business growth in the region, Exolaunch USA has hired aerospace executive Chris Hearsey as its chief executive officer. Having doubled sales globally, compared to last year, in 2022 Exolaunch is expecting to further increase its sales and keep its high launch rate by…

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Car sales go up in UK in 2018

Car sales go up in UK in 2018

The UK new auto showcase has steadied throughout the most recent month, as indicated by the most recent industry figures. Information for July from the Society of Motor Manufacturers and Traders (SMMT) demonstrates that new auto enrollments developed by 1.2 for every penny after a 3.5 for each penny fall in June. MIke Hawes, SMMT CEO, stated: “The vibe great factor from a sun and game pressed July, joined with some incredible arrangements on a heap of energizing new models, unmistakably helped keep showrooms moderately bustling a month ago. “It’s…

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General Motors puts $1bn India plan ‘on hold’

General Motors puts $1bn India plan ‘on hold’

General Motors has put on hold a planned $1bn investment in India as it reassesses its strategy in the country. Its sales in India have fallen nearly 40%, and its share of the passenger vehicle market has also dropped. A regulatory crackdown on diesel vehicles has also led the company to rethink its plans. More than 5,000 new cars are sold in India every day – and it is forecast to be the world’s third biggest vehicle market by 2020. In 2015, Ford committed to investing $1bn (£760m) in India…

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