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Yamaha's Global Motorsports Strategy and Team Line-ups for 2018
February 16, 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 advanced technologies and promoting the healthy spread of motorcycle racing.

In MotoGP last season,"...

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SASO approves imports of electric cars for private use
February 15, 2018

The pertinent authorities in Saudi Arabia have allowed the use of electric cars by individuals in the Kingdom, Al-Eqtisadiah newspaper reported.

Tamis Al-Hammady, spokesman for the Saudi Standards, Metrology and Quality Organization (SASO), said three certificates were already issued for individuals importing electric cars from abroad for personal use.

'Importing electric cars for commercial use will be allowed in five months. We have"...

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McLaren Formula 1 Driver Fernando Alonso to Keynote at Mobile World Congress 2018
February 15, 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 regarded as one of F1’s most talented drivers of all time, Alonso has also challenged himself by competing"...

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Preparations under way to raise speed limit on some highways
February 13, 2018

Preparations are in progress to implement the decision to increase speed limit from 120 kph to 140 kph on some highways.

The designs of the signboards for the new speed limit have been completed, informed sources told Sabq online newspaper.

The implementation of the decision is set to begin within the next few weeks.

According to preliminary information, speed limit is going to be increased to 140 kph on Riyadh-Taif, Riyadh-Eastern"...

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Yamaha Motor Marks Record Annual Profit in 2017
February 13, 2018

(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 unit sales in the ASEAN region scored their highest YoY gain since 2011. Net sales overall increased and operating income rose substantially on increased sales of products in higher price ranges and the effects of cost reductions in emerging markets such as Brazil and the ASEAN region. Marine-sector unit sales of outboard......

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Increased Digitization and Proliferation of Electric Vehicles and Alternate Fuels to Revolutionize the Forecourts of the Future into Automated and SMART Stations
February 13, 2018

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 years, forecourts have transformed in accordance with the shift in consumer preferences and requirements. Be it brand owned and operated, licensed or franchised, the evolution"...

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1936 Bugatti Type 57SC Coupé Atlantic Wins Third Annual the Peninsula Classics Best of the Best Award
February 9, 2018

(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, and Rob and Melani Walton, located in California, USA, and was named “Best of Show Concours d’Etat” at the 2017 Chantilly Arts & Elegance. Speaking of the award’s legacy, The Hon. Sir Michael Kadoorie, Chairman of The Hongkong and Shanghai Hotels, Limited and co-founder of the award said, “My......

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Car rentals to be fully Saudized in 40 days
February 7, 2018

Work in the car rental offices will be fully Saudized starting March 19, according to the Ministry of Labor and Social Development.

'Work in car rental offices all over the Kingdom will be solely limited to Saudi nationals after about 40 days,' the ministry's spokesman, Khaled Aba Al-Khail has said.

He said the move was aimed at increasing the employment of national cadres in the labor market through the provision of quantitative"...

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Tommy Hilfiger Partners with Formula One World Champions Mercedes-AMG Petronas Motorsport
February 7, 2018

(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 of TOMMY HILFIGER consumers. “From the first time I attended a Formula One race, I was completely fascinated by the world of motorsports,” said Tommy......

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Nissan rolls the wheels of change in Saudi Arabia by helping women learn to drive
February 4, 2018

To commemorate the landmark decision of the Saudi Arabia government to allow women to drive, Nissan’s latest campaign sees the brand offer women a chance to learn to drive. Nissan invited women who wanted to become licensed drivers to share their views about driving. Most of them expressed their love for the idea to drive but were anxious about what their families would think. Nissan surprised them by inviting the male members of their family to come over and help them drive rather than a trainer, to highlight their support. The spot aims to empower and encourage both women and their family members further with the message - “when the time comes, the decision to drive, will be entirely yours”. thedrum ...

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