Century Casinos Re-Opens Casinos in Poland

COLORADO SPRINGS, Colo., Feb. 12, 2021 /PRNewswire/ — Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) («Century Casinos» or the «Company») announced that its subsidiary Casinos Poland Ltd., in which the Company holds a 66.6% ownership interest, reopened its eight casinos today. The government mandate allowing casinos to reopen is limited until February 28, 2021 and expected to be reassessed by then.

<div id="prni_dvprnejpgb897left" style="WIDTH: 100%;…

COLORADO SPRINGS, Colo., Feb. 12, 2021 /PRNewswire/ — Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) («Century Casinos» or the «Company») announced that its subsidiary Casinos Poland Ltd., in which the Company holds a 66.6% ownership interest, reopened its eight casinos today. The government mandate allowing casinos to reopen is limited until February 28, 2021 and expected to be reassessed by then.

Century Casinos Logo

Casinos throughout Poland were closed on December 28, 2020 to comply with a quarantine imposed by the Polish government to contain the spread of COVID-19. The regulation lifting the lockdown for casinos includes social distancing practices and enhanced health and safety protocols.

There is no assurance that the casinos will be allowed to remain open past February 28, 2021; if the casinos are required to close again at that time, the Company will report such closures in its Form 10-K for the year ended December 31, 2020. 

About Century Casinos, Inc.:
Century Casinos, Inc. is a casino entertainment company. The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, and in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and Casino («CMR») in Edmonton, Alberta, Canada; and Century Bets! Inc. («CBS»). CBS and CMR operate the pari-mutuel off-track horse betting networks in southern and northern Alberta, respectively. Through its Austrian subsidiary, Century Resorts Management GmbH («CRM»), the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner and operator of eight casinos throughout Poland; and a 75% ownership interest in Century Downs Racetrack and Casino in Calgary, Alberta, Canada. The Company operates four ship-based casinos. The Company, through CRM, also owns a 7.5% interest in, and provides consulting services to, Mendoza Central Entretenimientos S.A., a company that provides gaming-related services to Casino de Mendoza in Mendoza, Argentina. The Company continues to pursue other projects in various stages of development.

Century Casinos’ common stock trades on The Nasdaq Capital Market® under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com.

This release may contain «forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management. Such forward-looking statements include, but are not limited to, statements regarding future results of operations, including the impact of the current coronavirus (COVID-19) pandemic, and plans for our casinos and our Company. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements include, among others, the risks described in the section entitled «Risk Factors» under Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2019, in Item 8.1 in our Current Report on Form 8-K filed on May 8, 2020, in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 and in subsequent periodic and current SEC filings we may make. Century Casinos disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf.

Logo – https://mma.prnewswire.com/media/682293/Century_Casinos_Logo.jpg

 

Century Casinos Re-Opens Casinos in Poland

COLORADO SPRINGS, Colo., Feb. 12, 2021 /PRNewswire/ — Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) («Century Casinos» or the «Company») announced that its subsidiary Casinos Poland Ltd., in which the Company holds a 66.6% ownership interest, reopened its eight casinos today. The government mandate allowing casinos to reopen is limited until February 28, 2021 and expected to be reassessed by then.

<div class="PRN_ImbeddedAssetReference"…

COLORADO SPRINGS, Colo., Feb. 12, 2021 /PRNewswire/ — Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) («Century Casinos» or the «Company») announced that its subsidiary Casinos Poland Ltd., in which the Company holds a 66.6% ownership interest, reopened its eight casinos today. The government mandate allowing casinos to reopen is limited until February 28, 2021 and expected to be reassessed by then.

Casinos throughout Poland were closed on December 28, 2020 to comply with a quarantine imposed by the Polish government to contain the spread of COVID-19. The regulation lifting the lockdown for casinos includes social distancing practices and enhanced health and safety protocols.

There is no assurance that the casinos will be allowed to remain open past February 28, 2021; if the casinos are required to close again at that time, the Company will report such closures in its Form 10-K for the year ended December 31, 2020. 

About Century Casinos, Inc.:
Century Casinos, Inc. is a casino entertainment company. The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, and in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and Casino («CMR») in Edmonton, Alberta, Canada; and Century Bets! Inc. («CBS»). CBS and CMR operate the pari-mutuel off-track horse betting networks in southern and northern Alberta, respectively. Through its Austrian subsidiary, Century Resorts Management GmbH («CRM»), the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner and operator of eight casinos throughout Poland; and a 75% ownership interest in Century Downs Racetrack and Casino in Calgary, Alberta, Canada. The Company operates four ship-based casinos. The Company, through CRM, also owns a 7.5% interest in, and provides consulting services to, Mendoza Central Entretenimientos S.A., a company that provides gaming-related services to Casino de Mendoza in Mendoza, Argentina. The Company continues to pursue other projects in various stages of development.

Century Casinos’ common stock trades on The Nasdaq Capital Market® under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com.

This release may contain «forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management. Such forward-looking statements include, but are not limited to, statements regarding future results of operations, including the impact of the current coronavirus (COVID-19) pandemic, and plans for our casinos and our Company. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements include, among others, the risks described in the section entitled «Risk Factors» under Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2019, in Item 8.1 in our Current Report on Form 8-K filed on May 8, 2020, in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 and in subsequent periodic and current SEC filings we may make. Century Casinos disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/century-casinos-re-opens-casinos-in-poland-301227517.html

SOURCE Century Casinos, Inc.

Daymak announces strategic partnership with Extreme Vehicle Battery Tech (CSE: ACDC)

TORONTO, Feb. 12, 2021 /PRNewswire/ – Daymak is pleased to announce it has signed a partnership agreement with Extreme Vehicle Battery Technologies Corp. («EV Battery Tech» or «the Company«) (CSE: ACDC.)

TORONTO, Feb. 12, 2021 /PRNewswire/ – Daymak is pleased to announce it has signed a partnership agreement with Extreme Vehicle Battery Technologies Corp. («EV Battery Tech» or «the Company«) (CSE: ACDC.)

Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets.

«We are honored to be working with the #1 distributor in Canada,» says EV Battery Tech CEO Bryson Goodwin. «Daymak has a great line up of products and the synergies between our technologies will work extremely well in powering present and future products together.»

The deal goes into effect immediately and has a term of 5 years, with an automatic renewal for 1-year terms. We can expect to see EV Battery Tech’s products incorporated into Daymak’s product line sometime in late Q2 of this year. While the Agreement’s intention is for EV Battery Tech to be the exclusive provider of batteries and battery packs, Daymak has the right to seek an alternative quote if Daymak and EV Battery tech cannot agree on commercial terms, however EV Battery Tech will still have the right of first refusal to match the commercial terms of any competing bid for the supply of such systems.

As per the terms of the Agreement, Daymak will issue the option to purchase 360,000 common shares in the capital of Daymak to EV Battery Tech’s wholly owned subsidiary IoniX Pro Battery Technologies Corp., at an exercise price of $5.56 per share. Further to the terms of the Agreement, the Company will issue Daymak warrants to purchase 10,000,000 common shares of the Company at an exercise price of $0.20 per share, subject to a vesting schedule and compliance and rules and policies of the Canadian Securities Exchange.

«Our partnership on products and technology will create amazing synergies and I believe our collaboration will produce many exciting results and products now and into the future.» concluded Mr. Baiocchi

Daymak is actively looking for a SPAC to become a public company to complete the Daymak Avvenire series of products. More information available at www.daymakavvenire.com. For further information, contact President Aldo Baiocchi at aldob@daymak.com  

For dealer distribution enquiries please contact Nick Maalouf, at nick@daymak.com 

About Daymak

Daymak, a Toronto-based company incorporated in 2002, is a leading developer and distributor of personal light electric vehicles. At Daymak our goal is to make outstanding clean vehicles that make a positive impact on the environment for today and future generations.

Daymak’s current customers include Walmart, Costco, TSC, QVC, Best Buy, Hudson’s Bay plus over 150 dealers across Canada and the USA. Daymak was also the recipient of the «Clean Tech North Award», and Profit Magazine’s Top 100, 200 fastest growing Canadian companies  while also being named «One of Ontario’s Greenest Companies.»

Further information about the Company is available on its website (https://www.evbattery.tech).

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/daymak-announces-strategic-partnership-with-extreme-vehicle-battery-tech-cse-acdc-301227317.html

SOURCE Daymak Inc.

Victims of Vehicle Fires Launch Fiat Chrysler Pacifica Plug-In Hybrid Class Action for Dangerous Electrical System Defect

TORONTO and MONTREAL, Feb. 12, 2021 /PRNewswire/ – Class actions have been commenced on behalf of all Canadian owners and/or lessees of 2017-2020 Model Year Chrysler Pacifica Plug-In Hybrid vehicles affected by a dangerous electrical system defect which can cause spontaneous and catastrophic fires. These vehicles are subject to Transport Canada Recall 2020-254.

The claims have been brought by Marisa Chong and <span…

TORONTO and MONTREAL, Feb. 12, 2021 /PRNewswire/ – Class actions have been commenced on behalf of all Canadian owners and/or lessees of 2017-2020 Model Year Chrysler Pacifica Plug-In Hybrid vehicles affected by a dangerous electrical system defect which can cause spontaneous and catastrophic fires. These vehicles are subject to Transport Canada Recall 2020-254.

The claims have been brought by Marisa Chong and Eric Fabroa of Aurora, Ontario, Emil Florea and Jeffrey Hall of Montreal, Quebec, and David Wilson of Elmira, Ontario. Each plaintiff suffered the catastrophic loss of their Chrysler Pacific Plug-In Hybrid minivan during a spontaneous fire. The Plaintiffs allege that these fires were caused by a dangerous defect in the electrical system of their vehicles.

On June 10, 2020, Transport Canada issued a recall for 3,404 Chrysler Pacific Plug-In Hybrid vehicles. The recall documentation noted that the vehicles were affected by a dangerous electrical system defect which can cause spontaneous fires without warning, whether the vehicle is on or off. This recall came too late for the Plaintiffs, who suffered through the trauma of losing their vehicles to fire prior to the recall and Fiat Chrysler’s acknowledgement of the existence and risk of the dangerous electrical system defect.

Proposed Representative Plaintiff Marisa Chong, whose Pacifica Plug-In Hybrid was destroyed in a fire caused by the electrical system defect, described the fire and her reaction: «The van filled with smoke so fast. We were lucky to have an extinguisher but the flames kept coming back. What if I were driving with my kids? What if it were parked in my garage?»

Proposed Representative Plaintiff Emil Florea, whose Pacifica was also destroyed in a similar fire stated: «As parents, I cannot describe how concerned we are about the potential psychological consequences to our children. They regularly travelled in our Pacifica and even witnessed the fire themselves.»

Joel P. Rochon, a partner at Rochon Genova LLP who has issued the claims in Toronto and Montreal, stated: «Canadian consumers expect that the cars they put their families in will be reasonably safe to operate and free from dangerous defects. They are entitled to timely and warnings from manufacturers who know, or ought to know, that their products are dangerously defective. We are concerned by the unexplained inaction by Fiat Chrysler following numerous reports of spontaneous vehicle fires in the months prior to Transport Canada ordering its recall. Car manufacturers need to do more to prioritize consumers and the safety of their vehicles.» 

The allegations raised in the claim have not yet been proven in court.  The plaintiffs and the proposed class members are represented by Rochon Genova LLP.

Cision View original content:http://www.prnewswire.com/news-releases/victims-of-vehicle-fires-launch-fiat-chrysler-pacifica-plug-in-hybrid-class-action-for-dangerous-electrical-system-defect-301227414.html

SOURCE ROCHON GENOVA LLP

Canada closed to competition

Government ignores advice of its own Competition Bureau in Air Canada takeover of Transat

CALGARY, AB, Feb. 12, 2021 /PRNewswire/ — The government of Canada on Thursday evening approved the purchase of Transat by Air Canada, without significant remedies.

«This decision shows blatant disregard for all Canadians who believe in healthy competition,» said Ed Sims, WestJet President and CEO. «When Canadians look to explore the world and reunite with family…

Government ignores advice of its own Competition Bureau in Air Canada takeover of Transat

CALGARY, AB, Feb. 12, 2021 /PRNewswire/ — The government of Canada on Thursday evening approved the purchase of Transat by Air Canada, without significant remedies.

«This decision shows blatant disregard for all Canadians who believe in healthy competition,» said Ed Sims, WestJet President and CEO. «When Canadians look to explore the world and reunite with family and friends once again, they will face fewer choices and higher fares.»

The government’s own Competition Bureau stated in regards to the proposed purchase, «Eliminating the rivalry between these airlines would result in increased prices, less choice, decreases in service and a significant reduction in travel by Canadians on a variety of routes where their existing networks overlap.»

«It is hard to imagine a deal as anti-competitive in any industry where the number one player buys number three without meaningful remedies,» continued Mr. Sims. «This is a serious setback to Canada’s economy. The Competition Bureau themselves described such cosmetic remedies as inadequate. Canadians should be profoundly disappointed.»

About WestJet 

Since the start of the pandemic the WestJet Group of Companies has built a layered framework of safety measures to ensure Canadians can continue to travel safely and responsibly through the airline’s Safety Above All hygiene program. During this time, WestJet has maintained its status as one of the top-10 on-time airlines in North America as named by Cirium.

For more information about everything WestJet, please visit westjet.com

Connect with WestJet on Facebook at facebook.com/westjet 
Follow WestJet on Twitter at twitter.com/westjet 
Follow WestJet on Instagram instagram.com/westjet/ 
Subscribe to WestJet on YouTube at youtube.com/westjet 
Read the WestJet blog at blog.westjet.com 

Recent recognition includes: 
2021 Five Star Major Airline (APEX)
2020/2019 Number-One Ranked Canadian Airline Loyalty Program in Member Engagement (Bond Brand Loyalty) 
2019/2018/2017 Best Airline in Canada (TripAdvisor Travellers’ Choice awards for Airlines) 
2019 Winner Among Mid-Sized Airlines in North America (TripAdvisor Travellers’ Choice awards for Airlines) 
2019/2018 Number-One-Ranked Airline Credit Card in Canada (Rewards Canada) 

 Media contacts: To contact WestJet media relations, please email media@westjet.com

Vail Resorts Named One of «America’s Best Large Employers 2021» by Forbes

BROOMFIELD, Colo., Feb. 11, 2021 /PRNewswire/ — For the fifth consecutive time, Forbes has named Vail Resorts to its «America’s Best Large Employers» list—one 25 Travel & Leisure companies selected from an independent survey of 50,000 employees across various…

BROOMFIELD, Colo., Feb. 11, 2021 /PRNewswire/ — For the fifth consecutive time, Forbes has named Vail Resorts to its «America’s Best Large Employers» list—one 25 Travel & Leisure companies selected from an independent survey of 50,000 employees across various industries. Being included among the country’s 500 most reputable large employers is a particularly meaningful accolade for Vail Resorts this year, as the company navigates the ongoing impacts of COVID-19 while remaining rooted in its values.

«This has certainly been the most challenging year our company has ever faced, and operating safely and successfully would not have been possible without the unwavering dedication of our incredible employees,» said Lynanne Kunkel, chief human resources officer at Vail Resorts. «The one thing that we are most proud of is our ongoing commitment to what matters most: our core values, which we each hold ourselves accountable to in every decision we make. Through this exceptional year, we have remained rooted in our values—above all else, our commitment to keeping each other and our guests safe.»

Vail Resorts has seven core values, which includes Be Safe (be committed to the safety and wellness of our employees and guests), Be Inclusive (our newest value to welcome everyone to our company, resorts and communities), and Do Good (preserve our natural environments and contribute to the success of local communities).

Be Safe:

Safety has always been at the forefront of Vail Resorts’ mission and amid the COVID-19 pandemic it has become more important than ever. Heading into the season, the company reimagined the resort experience across its family of properties—knowing it takes the compassion, care and personal responsibility of everyone to create a safe mountain experience.

New workplace policies and an ongoing employee campaign, Be Safe Together, are focused on creating a safe environment for employees from the season’s start to finish—in turn, keeping guests and communities safe as well. At the start of the season, all employees received extensive COVID-19 protocol training from local leadership and Health & Safety, and employees undergo daily health screenings.  In addition to face covering and physical distancing requirements, Vail Resorts implemented a reservation system for the 2020/21 season to allow for physical distancing for employee and guest safety.

Be Inclusive:

Last June, Vail Resorts’ CEO sent an email to employees on the systemic racism facing the Black community, acknowledging that «we are part of the problem» and that this issue is not removed from the company and ski industry. Both Vail Resorts and the larger industry have incredibly low representation from people of color and there are clear elements of ski and snowboard culture that are not inviting to newcomers. Vail Resorts is focused on fostering a more inclusive company culture to create an environment where all current and future employees feel welcome.

The company has established a new value—Be Inclusive: Welcome everyone to the company, resorts and communities—include all races, gender identities, sexual orientations, abilities and other differences. To support this value, Vail Resorts launched a new leadership development program: Leading Diversity, Equity and Inclusion and recently put out a powerful podcast where BIPOC employees shared their experiences as well as opportunities for (and failures of) the company and sport.

Do Good:

«What makes our resorts so incredible is where they are located and the passionate people who live there,» said Kunkel. «Two of our absolute priorities are the health and wellbeing of our employees and mountain communities. We’re proud that through our corporate social responsibility platform, EpicPromise, we’ve been able provide substantial emergency relief and COVID-19 relief grants for employees in need of support.»

Through Vail Resorts’ EpicPromise Employee Foundation, established in 2016, employees can apply for grants to respond to unpredictable setbacks. During the 2019/20 season, $1.8 million was granted to employees for emergency relief and COVID-19 relief, as well as educational scholarships. Additionally, through EpicPromise, $18.3 million in cash and in-kind contributions was donated to 309 organizations, supporting local youth, critical need and environmental sustainability.

Vail Resorts is also focused on helping ensure mental health care is destigmatized, easily accessible and affordable. As mountain towns contend with the ongoing effects of the pandemic, there has been an increase in mental health challenges amplified by limited access to care. Through the company’s Epic Wellness program, employees, their dependents and household members receive no-cost access to six counseling sessions, preferred providers/therapists and a wide variety of mental health tools. These services are available virtually.

Vail Resorts was also recently named one of «America’s Best Employers for Women» and «America’s Best Employers for Diversity» by Forbes.

About Vail Resorts, Inc. (NYSE: MTN)
Vail Resorts, Inc., through its subsidiaries, is the leading global mountain resort operator. Vail Resorts’ subsidiaries operate 37 world-class mountain resorts and urban ski areas, including Vail, Beaver Creek, Breckenridge, Keystone and Crested Butte in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in British Columbia, Canada; Perisher, Falls Creek and Hotham in Australia; Stowe, Mount Snow, Okemo in Vermont; Hunter Mountain in New York; Mount Sunapee, Attitash, Wildcat and Crotched in New Hampshire; Stevens Pass in Washington; Liberty, Roundtop, Whitetail, Jack Frost and Big Boulder in Pennsylvania; Alpine Valley, Boston Mills, Brandywine and Mad River in Ohio; Hidden Valley and Snow Creek in Missouri; Wilmot in Wisconsin; Afton Alps in Minnesota; Mt. Brighton in Michigan; and Paoli Peaks in Indiana. Vail Resorts owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Development Company is the real estate planning and development subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.epicpass.com.

Vail Resorts Logo (PRNewsFoto/Vail Resorts, Inc.) (PRNewsfoto/Vail Resorts, Inc.)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/vail-resorts-named-one-of-americas-best-large-employers-2021-by-forbes-301227357.html

SOURCE Vail Resorts, Inc.

China Scrap Vehicle Recycling Market Report 2021-2025: Passenger Vehicles, Trucks, Trailers, Special Vehicles

DUBLIN, Feb. 11, 2021 /PRNewswire/ — The «Research Report on China’s Scrap Vehicle Recycling Industry, 2021-2025″ report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

The Chinese government provides that a vehicle should be sent to a qualified enterprise for dismantling and scrapping when it runs for 600,000 kilometers.

And scrap vehicles’ engines, steering gear, transmission, front and rear axles and frame are forbidden to be sold illegally and should be recycled as scrap metal. The vehicle owner can get the residual value of the recycled scrap metal. However, this provision is poorly enforced.

According to the analysis, vehicle consumption becomes increasingly popular in China with the development of the economy and increase in income. China had ranked first in vehicle production and sales volume for twelve consecutive years from 2009 to 2020. And the vehicle reserves keep rising. China’s vehicle reserves reached 254 million at the end of 2019, ranking second in the world. It is estimated that China will surpass the U.S. to have the largest vehicle reserves in the world in 10 years.

As the average vehicle age increases, scrap vehicle recycling has become one of the social concerns. On the assumption that the service life of passenger vehicles is between 8 to 10 years, the number of scrap vehicles had exceeded 7 million by 2020 and will grow at an annual rate of over 10%. However, only 1.95 million scrap vehicles were recycled in 2019.

Many scrap vehicles are still being used or were illegally disposed of. For example, some of them were reassembled or refurbished to be sold as second-hand vehicles.

Owing to the poor industry regulation, legal scrap vehicle disposal has been affected by the illegal one. China’s annual recycling volume accounts for less than 1% of the vehicle reserves, which is much lower than 5%-7% in developed countries. Because of the quota on the number of scrap vehicle recyclers, the numbers of registered scrap vehicle recyclers and recycling outlets were 800 and 3000 respectively at the end of 2020, having a wide gap with the fast-growing number of scrap vehicles.

According to the analysis, in 2020, the outbreak of the COVID-19 epidemic, it will have a certain impact on China’s automobile manufacturing industry. In order to promote car sales, the Chinese government has issued a series of measures to encourage scrapping old cars and buying new cars. Therefore, the outbreak of the epidemic has promoted the development of China’s auto scrap industry to a certain extent.

Topics Covered:

  • The impact of COVID-19 on China’s scrap vehicle recycling market
  • Policy Environment of China Scrap vehicle recycling Industry
  • Competition Status of Scrap vehicle recycling Market
  • Supply and Demand Status of Scrap vehicle recycling in China
  • Recycling Volume by Vehicle Type in China
  • Government Procurement Status of Scrap vehicle recycling
  • Major Enterprises in China Scrap vehicle recycling Market
  • Driving Forces and Market Opportunities in China Scrap vehicle recycling Market, 2021-2025
  • Threats and Challenges in China Scrap vehicle recycling Market, 2021-2025
  • Prospect of China Scrap vehicle recycling Market, 2021-2025

Key Topics Covered:

1 Overview of China’s Vehicle Recycling Industry
1.1 Basic Definitions
1.2 Classification
1.3 Methodology
1.3.1 Parameters and Assumptions
1.3.2 Data Sources
1.4 The impact of COVID-19 on China’s Vehicle Recycling Industry

2 Analysis on China’s Vehicle Recycling Industry 2017-2020
2.1 Development Environment of China’s Vehicle Recycling Industry
2.1.1 Economic Environment
2.1.2 Policy Environment
2.1.3 Social Environment
2.2 Analysis on Supply of Vehicle Recycling in China
2.3 Analysis on Demand for Vehicle Recycling in China
2.3.1 Total Recycling Volume
2.3.2 Market Size of Vehicle Recycling and Dismantling
2.4 Recycling Volume by Vehicle Type
2.4.1 Passenger vehicles
2.4.2 Trucks
2.4.3 Trailers
2.4.4 Special vehicles
2.4.5 Others

3 Analysis on Competition in China’s Vehicle Recycling Industry
3.1 Barriers to Entry in China’s Vehicle Recycling Industry
3.1.1 Policy Barriers
3.1.2 Regional Barriers
3.2 Competition Structure of China’s Vehicle Recycling Industry
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Downstream Enterprises
3.2.3 Internal Competition of Vehicle Recycling Industry
3.2.4 Potential Entrants to Vehicle Recycling Industry
3.2.5 Substitutes for Vehicle Recycling Industry

4 Analysis on Major Vehicle Recyclers in China, 2019-2021
4.1 Tianjin Xinneng Renewable Resources Co., Ltd.
4.1.1 Enterprise Profile
4.1.2 Analysis of Vehicle Recycling Business
4.2 Shanghai Motor Vehicle Recycle Service Center
4.2.1 Enterprise Profile
4.2.2 Analysis of Vehicle Recycling Business
4.3 Tianjin Guolian Scrap Motor Vehicle Recycling and Dismantling Co., Ltd.
4.4 Beijing Dashihe Scrap Vehicle Recycling Factory
4.5 Shenzhen Scrap Vehicle Recycling Co., Ltd.

5 Analysis on Vehicle Recycling Costs and Prices in China 2019-2021
5.1 Analysis on Costs of Vehicle Recyclers
5.1.1 Analysis of Dismantling Cost
5.1.2 Operating Cost
5.2 Analysis of Vehicle Recycling Prices

6 Forecast on Development of China’s Vehicle Recycling Industry, 2021-2025
6.1 Factors Influencing Development of China’s Vehicle Recycling Industry
6.1.1 Major Driving Forces and Market Opportunities for China’s Vehicle Recycling Industry
6.1.2 Threats and Challenges to China’s Vehicle Recycling Industry
6.2 Forecast on Supply of Vehicle Recycling in China
6.3 Forecast on Demand for Vehicle Recycling in China

Companies Mentioned

  • Beijing Dashihe Scrap Vehicle Recycling Factory
  • Shanghai Motor Vehicle Recycle Service Center
  • Shenzhen Scrap Vehicle Recycling Co., Ltd.
  • Tianjin Guolian Scrap Motor Vehicle Recycling and Dismantling Co., Ltd.
  • Tianjin Xinneng Renewable Resources Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/p6z9vw

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Cision View original content:http://www.prnewswire.com/news-releases/china-scrap-vehicle-recycling-market-report-2021-2025-passenger-vehicles-trucks-trailers-special-vehicles-301226920.html

SOURCE Research and Markets

Hiley Hyundai of Burleson Offers Car Buying from Home with PrecisePrice

BURLESON, Texas, Feb. 11, 2021 /PRNewswire-PRWeb/ — Hiley Hyundai of Burleson has taken advantage of online shopping by creating a one-stop shop for new and pre-owned vehicles. Not only can all current inventory be viewed online but all forms can be completed virtually through PrecisePrice. Interested parties do not have to travel far to get the best deals on the latest Hyundai models.

The process of purchasing a vehicle from home is just as simple as doing it…

BURLESON, Texas, Feb. 11, 2021 /PRNewswire-PRWeb/ — Hiley Hyundai of Burleson has taken advantage of online shopping by creating a one-stop shop for new and pre-owned vehicles. Not only can all current inventory be viewed online but all forms can be completed virtually through PrecisePrice. Interested parties do not have to travel far to get the best deals on the latest Hyundai models.

The process of purchasing a vehicle from home is just as simple as doing it in person. Interested parties can browse the online inventory page and note any vehicles of interest. Next customers can reach out to staff at Hiley Hyundai of Burleson with any questions they may have. While the dealership tries to include all pertinent information directly on the website staff recognize the importance of asking questions. The trained sales staff at Hiley Hyundai of Burleson will be prepared to provide customers with any information that is needed to make an informed decision.

Once the customer has decided on a vehicle there is a spot under the vehicle called Get PrecisePrice. Customers can click on this to begin the at-home shopping experience. Customers will be prompted to enter the total months, APR and an estimated credit score. This will create a monthly payment calendar. Those that have a vehicle to trade-in can enter the vehicle information to have the value of the vehicle factored in.

Many new vehicles have incentives that comes with the purchase. This step is where the customer can choose which incentives to apply to the purchase. Examples of these incentives include college graduate rebates and military discounts. Service protection plans and warranties can be chosen to further protect the customer’s Hyundai investment.
The final step is to complete the deal. The customer will be invited to schedule a test drive or to send all the information to the dealership. Once the information is received by a Hiley Hyundai representative the customer can schedule a time to come into the dealership to finalize all details.

More information can be found on the Hiley Hyundai of Burleson website, https://www.hileyhyundaiofburleson.com. The dealership is located at 320 N. Burleson Blvd., Burleson, Texas. Staff can be reached via phone at 833-319-1533 Monday through Saturday from 9 a.m. to 8 p.m.

Media Contact

Michael Boles, Hiley Hyundai of Burleson, 888-318-4864, mboles@hileyburleson.com

 

SOURCE Hiley Hyundai of Burleson

Mathews Hyundai Offers Hyundai Assurance Car Care Services

MARION, Ohio., Feb. 11, 2021 /PRNewswire-PRWeb/ — Mathews Hyundai in Marion is now offering Hyundai Assurance Car Care Services. To keep Hyundai vehicles operating at optimal capacity it is important to have the vehicle serviced with a technician that is trained to work specifically on Hyundai models. A top priority is to utilize high-quality genuine Hyundai parts. Mathews Hyundai does this and more to ensure complete satisfaction from customers.

OEM (Original…

MARION, Ohio., Feb. 11, 2021 /PRNewswire-PRWeb/ — Mathews Hyundai in Marion is now offering Hyundai Assurance Car Care Services. To keep Hyundai vehicles operating at optimal capacity it is important to have the vehicle serviced with a technician that is trained to work specifically on Hyundai models. A top priority is to utilize high-quality genuine Hyundai parts. Mathews Hyundai does this and more to ensure complete satisfaction from customers.

OEM (Original Equipment Manufacturer) parts are important to the life of a Hyundai because these parts were specifically designed for that vehicle. Each high-quality genuine Hyundai part was created for a specific year and model. When these parts are used it is better for the Hyundai. One of the best choices a Hyundai owner can make is to utilize OEM parts during services and repairs.

Individuals that are interested in having their Hyundai vehicles serviced can do so at Mathews Hyundai. Mathews Hyundai offers oil changes, brake services, a tire center and genuine Hyundai batteries. The service department makes it a priority to get back to customers and complete the repair or replacement in a timely manner.

In addition to providing top level care on Hyundai vehicles, Mathews Hyundai provides an array of service coupons. These coupons change monthly and can range from oil change discounts to timing belt replacement specials. Interested parties can find these coupons on the Mathews Hyundai website. The coupons must be printed and presented at the time of write-up. Additional fees and restrictions may apply.

More information can be found on the Mathews Hyundai website, https://www.mathewseasthyundai.com. The dealership and service department are located at 1793 Marion Mt. Gilead Road / Route 95, Marion, Ohio 43302. The service department can be reached by phone at 833-331-0095 on Monday through Friday from 7:30 a.m. to 5 p.m. Service appointments can be booked via phone or through the online scheduling form.

Media Contact

Tristan Addis, Mathews Hyundai, 740-251-4184, taddis@mathewsautogroup.com

 

SOURCE Mathews Hyundai

Maine’s Office of Tourism and Office of Outdoor Recreation Launch Responsible Recreation Initiative

AUGUSTA, Maine, Feb. 11, 2021 /PRNewswire/ — The Maine Office of Tourism (MOT), in partnership with the Maine Office of Outdoor Recreation, has launched Look Out for ME, a marketing and educational initiative to support responsible recreation in the Maine outdoors. With input from…

AUGUSTA, Maine, Feb. 11, 2021 /PRNewswire/ — The Maine Office of Tourism (MOT), in partnership with the Maine Office of Outdoor Recreation, has launched Look Out for ME, a marketing and educational initiative to support responsible recreation in the Maine outdoors. With input from leaders in the outdoor recreation industry, the Maine Department of Agriculture, Conservation and Forestry’s Bureau of Parks & Lands and the Maine Department of Inland Fisheries & Wildlife, MOT developed a communications tool that is meant as an asset to be shared with both the public and private sectors to reinforce Maine’s outdoor brand and ensure respect and care for our natural resources.

Look Out for ME is patterned after the work of the Recreate Responsibly Coalition, a national effort to share best practices to protect ourselves and our natural landscapes. The public health crisis caused by COVID-19 has raised the importance of being outdoors for health and wellness benefits. People are seeking refuge and relief in outdoor exploration with 2020 seeing a substantial increase in the number of people spending time in nature, exploring new places and trying activities for the first time. Sales for outdoor gear and equipment saw large increases here in Maine and nationally. In addition, Maine State Parks saw a record number of visitors in 2020.

«Aside from our people, our natural resources are our biggest asset and are an integral part of our economy. DECD, through the Office of Tourism and Office of Outdoor Recreation is committed to working with other state agencies and the private sector to provide our residents and visitors with tools to safely and sustainably enjoy all Maine offers in the outdoors,» said Maine Department of Economic & Community Development Commissioner Heather Johnson.    

The goal of the Look Out for ME initiative is to ensure that visitors and residents alike venture out safely and responsibly, with a great respect for the land and waters. There is a downloadable toolkit with assets including logos, social media posts and printable posters for businesses and organizations to use in their communications and marketing efforts.

The Maine Office of Tourism will complement the initiative with paid digital and print advertising and roll out a summer advertising plan in April.

«As more and more people engage in outdoor activities, there is a need to ensure information is available on how to safely participate and become stewards of our natural resources. The more positive the experience, the greater the likelihood is for return visits,» said Maine Office of Tourism Director Steve Lyons.

There is no indication the trend for outdoor recreating will end any time soon. A study done within the past year reported that 82% of people recreating for the first time during the pandemic say they plan to continue to do so. That’s good news for Maine where outdoor recreation makes up 4.2% of Maine’s economy, which more than double the national average.

Roughly 94% of Maine’s forest land is privately owned, and more than half of that land area is open to the public. Maine and the people who recreate here are fortunate for the generosity of landowners who open up their land for hiking, snowmobiling, snowshoeing and more. To preserve these opportunities for generations to come, respect for the landowners and our natural resources is vital. The Look Out for ME initiative serves as a reminder of that.

«In Maine, we are fortunate to have a wealth of natural areas, a strong outdoor brand, and several private businesses that sustain and grow a thriving outdoor economy. The tools available through the Look Out for ME initiative will help the public and private sectors have a unified message of responsibility and sustainability, ultimately helping more people safely enjoy the outdoors and protecting the outdoor assets we have,» said Maine Outdoor Brands Executive Director, Jenny Kordick.

The Look Out for ME information and toolkit can be found at www.visitmaine.com/look-out-for-me.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/maines-office-of-tourism-and-office-of-outdoor-recreation-launch-responsible-recreation-initiative-301227321.html

SOURCE Maine Office of Tourism