Unmanned Underwater Vehicles (UUV) Market worth $4.4 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 6, 2021 /PRNewswire/ — According to the new market research report «Unmanned Underwater Vehicles (UUV) Market by Type (Remotely Operated Vehicle & Autonomous Underwater Vehicle), ROV & AUV Market by Application, Product, Propulsion System, System, and Region – Global Forecasts to 2025«, published by MarketsandMarkets™, the global UUV market size is projected to grow from USD 2.0 billion in 2020 to USD…

CHICAGO, Jan. 6, 2021 /PRNewswire/ — According to the new market research report «Unmanned Underwater Vehicles (UUV) Market by Type (Remotely Operated Vehicle & Autonomous Underwater Vehicle), ROV & AUV Market by Application, Product, Propulsion System, System, and Region – Global Forecasts to 2025«, published by MarketsandMarkets™, the global UUV market size is projected to grow from USD 2.0 billion in 2020 to USD 4.4 billion by 2025, at a CAGR of 16.4% from 2020 to 2025. The growth of the market can be attributed to the rising number of deep-water offshore oil & gas production activities and increasing maritime security threats.

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Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=140710720

The UUV market includes major players Lockheed Martin Corporation (US), Saab AB (Sweden), Kongsberg Gruppen (Norway), Northrop Grumman Corporation (US), Oceaneering International, Inc. (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and South America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect UUV production and services by 25–30% globally in 2020.

Based on application, the commercial exploration segment of the Remotely Operated Vehicle (ROV) market is expected to witness the highest growth during the forecast period.

The commercial exploration segment of the Remotely Operated Vehicle (ROV) market is expected to witness the highest growth during the forecast period. This growth can be attributed to the increased demand for UUVs in commercial applications, such as surveys and seabed mapping, offshore drilling, and pipeline inspection.

Based on the system, the sensors segment of the ROV market is expected to witness the highest growth during the forecast period

The ROV market has been segmented and analyzed based on the system into a propulsion system, collision avoidance system, a navigation system, communication system, sensors, payloads, and chassis. sensors, radars, cameras, lasers, and others. Based on sensors, the camera segment is estimated to be the largest segment of the market in 2017, as high-resolution cameras are the most widely used payloads in various applications. The sensors segment is projected to witness the highest growth, due to the increased use of sensors in the defense sector for scanning, detecting, mapping, and remote sensing. Sensors are also used in the commercial sector to measure the concentration of various elements and compounds and detect the presence of microscopic life.

Browse in-depth TOC on «Unmanned Underwater Vehicles (UUV) Market«

465 – Tables
72 – Figures
380 – Pages

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=140710720

The market for AUV in North America is projected to have maximum market share during the forecast period

North America is projected to have maximum market share in the autonomous underwater vehicles market during the forecast period. Due to increasing security concerns, the US and Canada are expected to use an autonomous underwater vehicle (AUVs) for various defense operations, such as anti-submarine warfare and surveillance. Autonomous underwater vehicles (AUVs) are used for collecting data related to the seabed. The main driver for the growth of the North America autonomous underwater vehicle market is the increased use of autonomous underwater vehicles (AUVs) for carrying out deepwater surveys for the oil & gas industry that otherwise would have been expensive.

Lockheed Martin Corporation (US), Saab AB (Sweden), Kongsberg Gruppen (Norway), Northrop Grumman Corporation (US), Oceaneering International, Inc. (US) are some of the leading players operating in the UUV market report.

Related Reports:

Hydrographic Survey Equipment Market by Type (Sensing System, Positioning System, Subsea Sensor, Unmanned Vehicle, Software), Application (Port & Harbor, Oil & Gas, Cable, Charting), Depth, Platform, End User, and Region – Global Forecast to 2022

Unmanned Ground Vehicles (UGV) Market by Mobility (Wheeled, Tracked, Hybrid, Legged), Application (Commercial, Military, Law Enforcement, Federal Law Enforcement), Size, Mode of Operation, System, and Region – Global Forecast to 2030

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight : https://www.marketsandmarkets.com/ResearchInsight/unmanned-underwater-vehicles-market.asp     
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source :  https://www.marketsandmarkets.com/PressReleases/unmanned-underwater-vehicles.asp   

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Unmanned Underwater Vehicles (UUV) Market worth $4.4 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 6, 2021 /PRNewswire/ — According to the new market research report «Unmanned Underwater Vehicles (UUV) Market by Type (Remotely Operated Vehicle & Autonomous Underwater Vehicle), ROV & AUV Market by Application, Product, Propulsion System, System, and Region – Global Forecasts to 2025«, published by MarketsandMarkets™, the global UUV market size is projected to grow from USD 2.0 billion in 2020 to USD…

CHICAGO, Jan. 6, 2021 /PRNewswire/ — According to the new market research report «Unmanned Underwater Vehicles (UUV) Market by Type (Remotely Operated Vehicle & Autonomous Underwater Vehicle), ROV & AUV Market by Application, Product, Propulsion System, System, and Region – Global Forecasts to 2025«, published by MarketsandMarkets™, the global UUV market size is projected to grow from USD 2.0 billion in 2020 to USD 4.4 billion by 2025, at a CAGR of 16.4% from 2020 to 2025. The growth of the market can be attributed to the rising number of deep-water offshore oil & gas production activities and increasing maritime security threats.

MarketsandMarkets Logo

Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=140710720

The UUV market includes major players Lockheed Martin Corporation (US), Saab AB (Sweden), Kongsberg Gruppen (Norway), Northrop Grumman Corporation (US), Oceaneering International, Inc. (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and South America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect UUV production and services by 25–30% globally in 2020.

Based on application, the commercial exploration segment of the Remotely Operated Vehicle (ROV) market is expected to witness the highest growth during the forecast period.

The commercial exploration segment of the Remotely Operated Vehicle (ROV) market is expected to witness the highest growth during the forecast period. This growth can be attributed to the increased demand for UUVs in commercial applications, such as surveys and seabed mapping, offshore drilling, and pipeline inspection.

Based on the system, the sensors segment of the ROV market is expected to witness the highest growth during the forecast period

The ROV market has been segmented and analyzed based on the system into a propulsion system, collision avoidance system, a navigation system, communication system, sensors, payloads, and chassis. sensors, radars, cameras, lasers, and others. Based on sensors, the camera segment is estimated to be the largest segment of the market in 2017, as high-resolution cameras are the most widely used payloads in various applications. The sensors segment is projected to witness the highest growth, due to the increased use of sensors in the defense sector for scanning, detecting, mapping, and remote sensing. Sensors are also used in the commercial sector to measure the concentration of various elements and compounds and detect the presence of microscopic life.

Browse in-depth TOC on «Unmanned Underwater Vehicles (UUV) Market«

465 – Tables
72 – Figures
380 – Pages

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=140710720

The market for AUV in North America is projected to have maximum market share during the forecast period

North America is projected to have maximum market share in the autonomous underwater vehicles market during the forecast period. Due to increasing security concerns, the US and Canada are expected to use an autonomous underwater vehicle (AUVs) for various defense operations, such as anti-submarine warfare and surveillance. Autonomous underwater vehicles (AUVs) are used for collecting data related to the seabed. The main driver for the growth of the North America autonomous underwater vehicle market is the increased use of autonomous underwater vehicles (AUVs) for carrying out deepwater surveys for the oil & gas industry that otherwise would have been expensive.

Lockheed Martin Corporation (US), Saab AB (Sweden), Kongsberg Gruppen (Norway), Northrop Grumman Corporation (US), Oceaneering International, Inc. (US) are some of the leading players operating in the UUV market report.

Related Reports:

Hydrographic Survey Equipment Market by Type (Sensing System, Positioning System, Subsea Sensor, Unmanned Vehicle, Software), Application (Port & Harbor, Oil & Gas, Cable, Charting), Depth, Platform, End User, and Region – Global Forecast to 2022

Unmanned Ground Vehicles (UGV) Market by Mobility (Wheeled, Tracked, Hybrid, Legged), Application (Commercial, Military, Law Enforcement, Federal Law Enforcement), Size, Mode of Operation, System, and Region – Global Forecast to 2030

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight : https://www.marketsandmarkets.com/ResearchInsight/unmanned-underwater-vehicles-market.asp     
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source :  https://www.marketsandmarkets.com/PressReleases/unmanned-underwater-vehicles.asp   

 

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SOURCE MarketsandMarkets

theLotter.com reports 200% growth in online lotteries in December

theLotter expands operations in several countries

LONDON, Jan. 6, 2021 /PRNewswire/ — theLotter.com, which has been enabling online access to lotteries from around the world since 2002, reports significant growth during the holiday season and throughout 2020, at a time when many traditional businesses were suffering from an unprecedented downturn. With widespread lockdowns commonplace, the company reports a huge increase in traffic from Europe,…

theLotter expands operations in several countries

LONDON, Jan. 6, 2021 /PRNewswire/ — theLotter.com, which has been enabling online access to lotteries from around the world since 2002, reports significant growth during the holiday season and throughout 2020, at a time when many traditional businesses were suffering from an unprecedented downturn. With widespread lockdowns commonplace, the company reports a huge increase in traffic from Europe, the Americas as well as Asian markets. The company especially benefitted from an upsurge, when, in recent weeks, US lottery jackpots surpassed the $400 million mark. Consumers increasingly tried to find online alternatives to their local lottery shops. Additionally, several articles in newspapers and items on television in South America helped to bring even more traffic to the company’s websites.

TheLotter’s spokesman Adrian Cooremans: «Right now, millions of players from all over the world are ordering tickets for the $490 million US Mega Millions, but even when jackpots in the US and Europe were lower we saw increased interest. As a result, we’ve had to expand global operations substantially. We enlarged offices in Malta and opened new operations in the US, Sweden and Australia. Even while we are busy keeping up with rising demand, we’re launching dedicated websites in several US states and we recently introduced quick draws and other new products in various countries. The overall influx has also helped create new winners and we’ll soon be able to release exciting information about recent winners in Mexico, the Middle East and India.» 

theLotter provides ticket purchasing services for dozens of trusted national and state lotteries through several different websites around the world. The company’s core business activities spring from the lottery ticket messenger license the company obtained from the Maltese Gaming Authority. Additionally, theLotter has recently added a country-specific license in Sweden and it provides tailored services directly to residents in a growing number of US states. In 2020, the company helped facilitate the claiming of millions of dollars in wins in the US alone, and it reached a milestone in the summer when it surpassed the $100 million milestone – $100 million being the total amount of wins paid out since the company’s inception.

Contact:
theLotter Media
Tel: +44 (0)203-150-0476
Email: media@thelotter.com

The Race to Tackling Transportation Emissions by Electrifying Ridehailing Fleets

BOULDER, Colo., Jan. 6, 2021 /PRNewswire-PRWeb/ — Rocky Mountain Institute (RMI), in collaboration with General Motors, released an insight brief that reveals why the electrification of transportation network companies (TNCs), such as Uber and Lyft, is crucial to accelerating the transition to electric vehicles and addressing some of the key barriers to electrification with actionable recommendations for key stakeholders.

Road-based transportation, overwhelmingly powered by internal…

BOULDER, Colo., Jan. 6, 2021 /PRNewswire-PRWeb/ — Rocky Mountain Institute (RMI), in collaboration with General Motors, released an insight brief that reveals why the electrification of transportation network companies (TNCs), such as Uber and Lyft, is crucial to accelerating the transition to electric vehicles and addressing some of the key barriers to electrification with actionable recommendations for key stakeholders.

Road-based transportation, overwhelmingly powered by internal combustion engine (ICE) vehicles, emits 6 Gt of CO2 globally each year. Transportation is the number one source of greenhouse gas emissions in the United States, and the fastest-growing source of emissions in India and China. Left unaddressed, these emissions will continue to grow through 2050, as global demand for passenger transport is expected to double, and demand for freight transportation is expected to triple.

RMI’s Racing to Accelerate Electric Vehicle Adoption: Decarbonizing Transportation with Ridehailing insight brief leverages 101 million miles of real-world data from General Motors to show that electric ridehailing vehicles can not only effectively replace ICE ridehailing vehicles, but will also create catalytic opportunities for the electrification of other transportation sectors by overcoming barriers facing consumers and fleets.

«General Motors is pleased to collaborate with RMI to share our extensive experience deploying EVs in shared-use-applications,» said Alex Keros, Lead Architect for EV Charging at GM. «Access to EVs and associated charging infrastructure in all communities and business sectors is essential for unlocking the societal benefits of an all-electric, zero-emission future.»

«Electrifying TNCs has significant, direct environmental benefits and an equally critical benefit for the larger market that comes from the public charging infrastructure and consumer exposure to EVs,» said EJ Klock-McCook, principal at RMI.

The insight brief identifies and addresses three key barriers to electrifying ridehailing vehicles:

Technological Capability: EVs must be technologically capable of replacing ICE vehicles in TNC applications. Our research shows that EV technology has advanced to the point where this is generally viable.

Financial Competitiveness: Steps must be taken to improve the financial competitiveness of EVs for ridehailing such as lowering the price and increasing access to charging, enabling EV leasing and rental models, and leveraging the used EV market.

Charging Infrastructure: Robust infrastructure is essential and can be made viable through coordinated stakeholder action and further focused research.

«Urgent and collaborative action from key stakeholders is needed to drive to a climate-aligned goal of deploying over 50 million electric vehicles in the next 10 years. Ridehailing can be that sector that drives widespread EV awareness and moves the market toward an electrification tipping point that is irreversible,» said Britta Gross, managing director, RMI.

To download the Racing to Accelerate Electric Vehicle Adoption: Decarbonizing Transportation with Ridehailing insight brief, visit https://rmi.org/insight/accelerating-the-electric-vehicle-transition.

Media Inquiries please contact:

Alexandra Chin, Media Relations Associate, +1 973.262.0002, E: achin@rmi.org

Notes to Editors

About Rocky Mountain Institute Rocky Mountain Institute (RMI)—an independent nonprofit founded in 1982—transforms global energy use to create a clean, prosperous, and secure low-carbon future. It engages businesses, communities, institutions, and entrepreneurs to accelerate the adoption of market-based solutions that cost-effectively shift from fossil fuels to efficiency and renewables. RMI has offices in Basalt and Boulder, Colorado; New York City; Oakland, California; Washington, D.C.; and Beijing.

More information on RMI can be found at http://www.rmi.org or follow us on Twitter @RockyMtnInst.

About RMI Carbon-Free Mobility

RMI’s mobility mission is to deliver an electric, connected and equitable mobility future that is aligned with the path to a 1.5°C global climate goal. RMI collaborates across three critical geographies—the United States, China and India—to address three pillars of action: to electrify the movement of people, to electrify the movement of goods, and to expand access to EV charging infrastructure. RMI is committed to its role as a partner and facilitator, and to leveraging its thought leadership and analytical capabilities to pursue a carbon-free mobility sector.

General Motors is a global company committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com.

Media Contact

Alexandra Chin, Rocky Mountain Institute, 9732620002, achin@rmi.org

 

SOURCE Rocky Mountain Institute

Endurance Introduces All-New Breakdown Protection Plan with Maintenance

CHICAGO, Jan. 6, 2021 /PRNewswire-PRWeb/ — Are you overdue for an oil change? If you’re like most American drivers, you could have missed your last manufacturer’s maintenance interval—or even skipped it altogether. Many admit that it’s difficult to remember when to service their vehicle, or worse—that it’s an unnecessary expense that they just can’t afford. According to AAA1, it costs about ten cents per mile driven to maintain a standard sedan, and that can add up…

CHICAGO, Jan. 6, 2021 /PRNewswire-PRWeb/ — Are you overdue for an oil change? If you’re like most American drivers, you could have missed your last manufacturer’s maintenance interval—or even skipped it altogether. Many admit that it’s difficult to remember when to service their vehicle, or worse—that it’s an unnecessary expense that they just can’t afford. According to AAA1, it costs about ten cents per mile driven to maintain a standard sedan, and that can add up to nearly a thousand dollars per year for each car owned. These costs quickly multiply for multi-car households.

Manufacturer-recommended maintenance has been a financial burden for many modern drivers—until now. Endurance has expanded upon its two decades of national leadership in breakdown coverage by introducing EnduranceAdvantage™—a comprehensive vehicle protection plan that covers costly breakdowns plus provides up to $3,500 in maintenance benefits. The plan not only protects drivers from major, unexpected failures that can arise with a vehicle’s engine, transmission, air conditioning and other mechanical parts; but also includes maintenance items like oil and filter changes, brake pad and wiper replacements, and other routine services.

«Following the pandemic, drivers report that they’re driving less and their cars are sitting idle—which increases the risk of breakdowns,» said Paul Chernawsky, co-founder and CEO of Endurance. «Couple this change with drivers holding onto their vehicles longer, and maintenance is even more critical to preventing a costly mechanical issue.»

Chernawsky added, «For the first time ever, Endurance covers regular maintenance and protects drivers from the extremely high cost of unexpected breakdowns, which is critical when a vehicle’s factory warranty has run out. These maintenance benefits deliver immediate value at a time when Americans need economic relief the most.»

MAINTENANCE MADE EASY
EnduranceAdvantage provides the personalized breakdown protection and affordable pricing that Endurance customers have come to know and trust, plus 20 routine maintenance and everyday driver benefits totaling up to $3,500. This includes oil and filter changes, tire rotations, brake pad and wiper replacement, battery replacement, and other benefits tailored to a driver’s specific vehicle. The maintenance value alone makes the protection plan a worthwhile investment for all drivers.

Andrew Giorgi, Army Veteran and owner of ASE- and RepairPal-certified repair shop Midwest City Auto, warns against neglecting routine vehicle maintenance. «I see it all the time: a customer doesn’t keep up with their regular maintenance and it leads to a breakdown—or worse—disqualifies their warranty. With breakdown coverage plus maintenance, EnduranceAdvantage is the total protection package.»

UNRIVALED ELIGIBILITY
Outside of maintenance benefits, EnduranceAdvantage serves drivers who may have been ineligible for a vehicle protection plan in the past. The latest National Household Travel Survey conducted by the U.S. Department of Transportation reported that households are holding on to their cars, trucks, and vans longer – an average of 10.5 years. It’s often difficult to find comprehensive breakdown protection for higher mileage vehicles, exposing those drivers to the extremely high cost of a mechanical failure. For the first time, Endurance offers coverage for any vehicle under twenty years old—no matter how many miles it has. Unlimited mileage with EnduranceAdvantage means that Americans who choose to drive vehicles for longer are shielded from financial burden of a breakdown.

Outside of mileage, drivers who need their vehicles for commercial use or have a salvage or rebuilt title have traditionally been presented with a long list of exclusions—or simply denied coverage. These limitations often extend to tire modifications, lift kits, and Canadian Grey Market vehicles. EnduranceAdvantage has coverage options for these auto owners’ unique needs which translates to expanded eligibility for more drivers on the road.

WINTER IS HERE – ARE YOU PREPARED?
When the seasons change, routine maintenance is critically important for the safe and reliable operation of every vehicle. Extreme changes in temperature can take a toll on fluids, rubber, and other car parts. Andrew provided this maintenance checklist and recommends visiting a certified mechanic to prepare your vehicle for winter driving:

1) CHANGE THE OIL—Lower viscosity oil in colder months enables oil to move more freely in the engine.
2) CHECK ALIGNMENT—Annual alignment checks help prevent uneven wear patterns on a vehicle’s tires.
3) ROTATE TIRES—Following the recommended tire rotation schedule increases tires’ lifespan by 10,000 miles.
4) REPLACE BRAKE PADS—Replacing worn pads can help you avoid costlier repairs down the road.
5) REPLACE WIPERS—Worn wipers can damage your windshield and be dangerous during harsh, icy weather.

Don’t drive another day without auto protection from the experts at Endurance. Visit enduranceadvantage.com to learn more about the EnduranceAdvantage plan and request a free, personalized quote.

SUGGESTED TWEET
Want to save on costly repairs and keep $3,500 worth of maintenance expenses in your wallet? For the first time, experience @Endurance breakdown coverage PLUS maintenance in one unrivaled protection package. Learn about the all-new EnduranceAdvantage plan: enduranceadvantage.com

ABOUT ENDURANCE VEHICLE PROTECTION
Founded in 2006, Endurance Vehicle Protection is the nation’s premier provider of vehicle service contracts. Endurance has kept pace with driver’s needs for nearly two decades, offering award-winning service, the exclusive Elite Membership, and groundbreaking protection plans like EnduranceAdvantage which offers unrivaled eligibility and maintenance benefits. Winner of the 2021 Women’s Choice Award and recognized by Inc. 5000 as one of the fastest-growing companies in America, Endurance protects thousands of drivers each day from the extremely high cost of auto repair bills. Learn more: endurancewarranty.com

SOURCES
1 AAA 2019 Your Driving Costs Report https://newsroom.aaa.com/asset/2019-your-driving-costs-brochure/, annual maintenance cost estimate based on average cost per mile for a large sedan and 10,000 miles driven annually
2 2017 National Household Travel Survey https://nhts.ornl.gov/

Media Contact

Melissa Balsan, Endurance Warranty Services, 3124360090, melissa.balsan@endurancedirect.com

Twitter, Facebook

 

SOURCE Endurance

Kia unveils new logo and global brand slogan to ignite its bold transformation for the future

Kia celebrates its new face and slogan, declaring the brand’s future transformation

The new logo features ‘symmetry’, ‘rhythm’ and ‘rising’ elements that embody Kia’s confidence and commitment to customers

Kia discloses new brand slogan: ‘Movement that inspires’

Kia sets new Guinness World Record for ‘Most unmanned aerial vehicles (UAVs) launching fireworks simultaneously’ during logo unveiling show

The new brand purpose and strategy will be presented to the world on <span…

Kia celebrates its new face and slogan, declaring the brand’s future transformation

The new logo features ‘symmetry’, ‘rhythm’ and ‘rising’ elements that embody Kia’s confidence and commitment to customers

Kia discloses new brand slogan: ‘Movement that inspires’

Kia sets new Guinness World Record for ‘Most unmanned aerial vehicles (UAVs) launching fireworks simultaneously’ during logo unveiling show

The new brand purpose and strategy will be presented to the world on January 15

SEOUL, South Korea, Jan. 6, 2021 /PRNewswire/ — Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose. The introduction of the new logo represents Kia’s ambitions to establish a leadership position in the future mobility industry by revamping nearly all facets of its business.

Experience the interactive Multimedia News Release here: https://www.multivu.com/players/English/8836151-kia-unveils-new-logo-global-brand-slogan/

The logo is a symbol of Kia’s new brand purpose and the values it promises to offer customers through future products and services, and the experiences these enable. Kia seals its brand promise by developing the new logo to resemble a handwritten signature. The rhythmical, unbroken line of the logo conveys Kia’s commitment to bringing moments of inspiration, while its symmetry demonstrates confidence. The rising gestures of the logo embody Kia’s rising ambitions for the brand, and, more importantly, what it offers customers.

«Kia’s new logo represents the company’s commitment to becoming an icon for change and innovation,» said Ho Sung Song, Kia’s President and CEO. «The automotive industry is experiencing a period of rapid transformation, and Kia is proactively shaping and adapting to these changes. Our new logo represents our desire to inspire customers as their mobility needs evolve, and for our employees to rise to the challenges we face in a fast-changing industry.»

The new logo was unveiled during a record-breaking pyrotechnic display in the skies above Incheon, Korea. The event saw 303 ‘pyrodrones’ launching hundreds of fireworks in a synchronized artistic display, igniting and celebrating Kia’s new beginning. This set a new Guinness World Record for ‘Most unmanned aerial vehicles (UAVs) launching fireworks simultaneously’. The dazzling display can be seen on the Kia Global YouTube channel: https://youtu.be/s61_IsjqLzc

A new brand purpose and strategy to be revealed on January 15
In addition to an all-new logo, Kia revealed its new global brand slogan, ‘Movement that inspires’. Details on Kia’s new brand strategy, including brand purpose and philosophy as well as application to Kia’s future product line-up, will be shared through the digital ‘New Kia Brand Showcase’ event to be held at 09:00 Korean Standard Time on Friday January 15, 2021 (01:00 CET, January 15 / 16:00 PST, January 14). The event can be viewed on the Kia Global YouTube channel.

The launch of the new logo follows the announcement of Kia’s ‘Plan S’ long-term business strategy in 2020. Under Plan S, Kia, among other objectives, has the ambition to take a leading position in the global car market. This is focused on popularizing electric vehicles and introducing a broad range of mobility services, tailored to meet the needs and tastes of individuals and local markets.

For more information, visit the Kia Global Media Center at www.kianewscenter.com

Kia unveils new logo and global brand slogan to ignite its bold transformation for the future

Kia celebrates its new face and slogan, declaring the brand’s future transformation

The new logo features ‘symmetry’, ‘rhythm’ and ‘rising’ elements that embody Kia’s confidence and commitment to customers

Kia discloses new brand slogan: ‘Movement that inspires’

Kia sets new Guinness World Record for ‘Most unmanned aerial vehicles (UAVs) launching fireworks simultaneously’ during logo unveiling show

The new brand purpose and strategy will be presented to the world on <span…

Kia celebrates its new face and slogan, declaring the brand’s future transformation

The new logo features ‘symmetry’, ‘rhythm’ and ‘rising’ elements that embody Kia’s confidence and commitment to customers

Kia discloses new brand slogan: ‘Movement that inspires’

Kia sets new Guinness World Record for ‘Most unmanned aerial vehicles (UAVs) launching fireworks simultaneously’ during logo unveiling show

The new brand purpose and strategy will be presented to the world on January 15

SEOUL, South Korea, Jan. 6, 2021 /PRNewswire/ — Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose. The introduction of the new logo represents Kia’s ambitions to establish a leadership position in the future mobility industry by revamping nearly all facets of its business.

Experience the interactive Multimedia News Release here:
https://www.multivu.com/players/English/8836151-kia-unveils-new-logo-global-brand-slogan/

The logo is a symbol of Kia’s new brand purpose and the values it promises to offer customers through future products and services, and the experiences these enable. Kia seals its brand promise by developing the new logo to resemble a handwritten signature. The rhythmical, unbroken line of the logo conveys Kia’s commitment to bringing moments of inspiration, while its symmetry demonstrates confidence. The rising gestures of the logo embody Kia’s rising ambitions for the brand, and, more importantly, what it offers customers.

«Kia’s new logo represents the company’s commitment to becoming an icon for change and innovation,» said Ho Sung Song, Kia’s President and CEO. «The automotive industry is experiencing a period of rapid transformation, and Kia is proactively shaping and adapting to these changes. Our new logo represents our desire to inspire customers as their mobility needs evolve, and for our employees to rise to the challenges we face in a fast-changing industry.»

The new logo was unveiled during a record-breaking pyrotechnic display in the skies above Incheon, Korea. The event saw 303 ‘pyrodrones’ launching hundreds of fireworks in a synchronized artistic display, igniting and celebrating Kia’s new beginning. This set a new Guinness World Record for ‘Most unmanned aerial vehicles (UAVs) launching fireworks simultaneously’. The dazzling display can be seen on the Kia Global YouTube channel: https://youtu.be/s61_IsjqLzc

A new brand purpose and strategy to be revealed on January 15
In addition to an all-new logo, Kia revealed its new global brand slogan, ‘Movement that inspires’. Details on Kia’s new brand strategy, including brand purpose and philosophy as well as application to Kia’s future product line-up, will be shared through the digital ‘New Kia Brand Showcase’ event to be held at 09:00 Korean Standard Time on Friday January 15, 2021 (01:00 CET, January 15 / 16:00 PST, January 14). The event can be viewed on the Kia Global YouTube channel.

The launch of the new logo follows the announcement of Kia’s ‘Plan S’ long-term business strategy in 2020. Under Plan S, Kia, among other objectives, has the ambition to take a leading position in the global car market. This is focused on popularizing electric vehicles and introducing a broad range of mobility services, tailored to meet the needs and tastes of individuals and local markets.

For more information, visit the Kia Global Media Center at www.kianewscenter.com

Kia reveals its new corporate logo and global brand slogan

 

Kia reveals its new corporate logo and global brand slogan

 

Kia reveals its new corporate logo and global brand slogan

 

Kia reveals its new corporate logo and global brand slogan

 

Kia reveals its new corporate logo and global brand slogan

 

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SOURCE Kia Motors Corporation

Kia unveils new logo and global brand slogan to ignite its bold transformation for the future

SEOUL, South Korea, Jan. 6, 2021 /PRNewswire/ — Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose. The introduction of the new logo represents Kia’s ambitions to establish a leadership position in the future mobility industry by revamping nearly all facets of its business.

<a…

SEOUL, South Korea, Jan. 6, 2021 /PRNewswire/ — Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose. The introduction of the new logo represents Kia’s ambitions to establish a leadership position in the future mobility industry by revamping nearly all facets of its business.

Kia celebrates its new face and slogan, declaring the brand’s future transformation.

The logo is a symbol of Kia’s new brand purpose and the values it promises to offer customers through future products and services, and the experiences these enable. Kia seals its brand promise by developing the new logo to resemble a handwritten signature. The rhythmical, unbroken line of the logo conveys Kia’s commitment to bringing moments of inspiration, while its symmetry demonstrates confidence. The rising gestures of the logo embody Kia’s rising ambitions for the brand, and, more importantly, what it offers customers.

«Kia’s new logo represents the company’s commitment to becoming an icon for change and innovation,» said Ho Sung Song, Kia’s President and CEO. «The automotive industry is experiencing a period of rapid transformation, and Kia is proactively shaping and adapting to these changes. Our new logo represents our desire to inspire customers as their mobility needs evolve, and for our employees to rise to the challenges we face in a fast-changing industry.»

The new logo was unveiled during a record-breaking pyrotechnic display in the skies above Incheon, Korea. The event saw 303 pyrodrones launching hundreds of fireworks in a synchronized artistic display, igniting and celebrating Kia’s new beginning. This set a new Guinness World Record for ‘Most unmanned aerial vehicles (UAVs) launching fireworks simultaneously.’ The dazzling display can be seen on the Kia Global YouTube channel: https://youtu.be/s61_IsjqLzc

A new brand purpose and strategy to be revealed on January 15
In addition to an all-new logo, Kia revealed its new global brand slogan, ‘Movement that inspires’. Details on Kia’s new brand strategy, including brand purpose and philosophy as well as application to Kia’s future product line-up, will be shared through the digital ‘New Kia Brand Showcase’ event to be held at 09:00 Korean Standard Time on Friday January 15, 2021 (01:00 CET, January 15 / 16:00 PST, January 14). The event can be viewed on the Kia Global YouTube channel.

The launch of the new logo follows the announcement of Kia’s ‘Plan S’ long-term business strategy in 2020. Under Plan S, Kia, among other objectives, has the ambition to take a leading position in the global car market. This is focused on popularizing electric vehicles and introducing a broad range of mobility services, tailored to meet the needs and tastes of individuals and local markets.

Kia Motors Corporation – about us
Kia Motors Corporation (www.kia.com) is a world-class mobility experience provider that seeks to inspire its customers through movement. Founded in 1944, Kia has been in the ‘movement’ industry for more than 75 years. With 52,000 employees worldwide, a presence in more than 190 markets, and manufacturing facilities in six countries, the company today sells around three million vehicles a year. Kia is spearheading the popularization of electrified and battery electric vehicles and developing a growing range of mobility services, encouraging millions of people around the world to explore the best ways of getting around.
For more information, visit the Kia Global Media Center at www.kianewscenter.com

 

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SOURCE Kia Motors America

Volaris reports December 2020 traffic results: 102% of 2019 capacity and 9% more passengers than previous month, positioning Volaris as the domestic market leader in 2020

MEXICO CITY, Jan. 5, 2021 /PRNewswire/ — Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports December 2020 preliminary traffic results.

<img id="prnejpgf096left" title="Volaris Logo" border="0" alt="Volaris Logo"…

MEXICO CITY, Jan. 5, 2021 /PRNewswire/ — Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports December 2020 preliminary traffic results.

Volaris Logo

Volaris continues increasing month-over-month capacity, using its ultra-low-cost structure and strong market position to further stimulate demand. Volaris remains focused on price sensitive visiting friends and relatives, leisure and small and medium sized enterprises segments, which continue to show the strongest demand for air travel in Mexico as the market recovers from COVID-19.

In December 2020, capacity measured by ASMs (Available Seat Miles) was 101.9% compared to the same month of last year. High season demand has been strong despite the current pandemic and demand measured by RPMs (Revenue Passenger Miles) was 90.7% of last year and increased 9.8% versus November 2020. Volaris transported a total of 1.8 million passengers during December 2020, an increase of 8.7% versus November 2020. Booked load factor for December 2020 was 78.5%.

During December 2020, Volaris began operating one new domestic route from Cancun to Oaxaca. The 12 new routes launched during 2020 are in ramp-up in terms of traffic demand and generally performing in accordance with plan.

Volaris’ President and Chief Executive Officer, Enrique Beltranena, commenting on the traffic results for December 2020, said: «Volaris has a true low-cost structure that enables an extraordinary competitive advantage to continue stimulating passenger demand, shift bus passengers to air travel and increase load factor. We have taken multiple actions to bolster liquidity, reduce costs and capture market opportunities. Going forward, given the current rise in cases of COVID-19 in the US and Mexico, we will continue to deploy a disciplined approach to market and route selection to achieve profitability.»

For January 2021, Volaris plans to operate approximately 98% of capacity, as measured by ASMs, versus the same period of last year.

The following table summarizes Volaris traffic results for the month and year to date.

December
2020

November
2020

Variance

December
2019

Variance

December

YTD 2020

December
YTD 2019

Variance

RPMs (in millions, scheduled & charter)

Domestic

1,279

1,216

5.2%

1,331

(3.9%)

10,900

14,871

(26.7%)

International

487

393

24.0%

616

(21.0%)

3,696

6,162

(40.0%)

Total

1,766

1,608

9.8%

1,948

(9.3%)

14,597

21,032

(30.6%)

ASMs (in millions, scheduled & charter)

Domestic

1,554

1,448

7.3%

1,489

4.4%

13,446

16,891

(20.4%)

International

697

550

26.6%

719

(3.1%)

4,829

7,607

(36.5%)

Total

2,250

1,998

12.6%

2,207

1.9%

18,275

24,499

(25.4%)

Load Factor (in %, scheduled, RPMs/ASMs)

Domestic

82.3%

84.0%

(1.7) pp

89.4%

(7.1) pp

81.1%

88.0%

(7.0) pp

International

69.9%

71.4%

(1.4) pp

85.8%

  (15.8) pp

76.6%

81.0%

(4.5) pp

Total

78.5%

80.5%

(2.0) pp

88.2%

(9.7) pp

79.9%

85.9%

(6.0) pp

Passengers (in thousands, scheduled & charter)

Domestic

1,442

1,372

5.1%

1,537

(6.2%)

12,195

17,654

(30.9%)

International

340

268

27.1%

433

(21.4%)

2,517

4,321

(41.7%)

Total

1,783

1,639

8.7%

1,970

(9.5%)

14,712

21,975

(33.1%)

The information included in this report has not been audited and it does not provide information on the company’s future performance. Volaris’ future performance depends on many factors and it cannot be inferred that any period’s performance or its comparison year over year will be an indicator of a similar performance in the future.

About Volaris:
*(«Volaris» or the «Company») (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier (ULCC), with point-to-point operations, serving Mexico, the United States and Central America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since beginning operations in March 2006, Volaris has increased its routes from five to more than 178 and its fleet from four to 86 aircraft. Volaris offers more than 367 daily flight segments on routes that connect 43 cities in Mexico and 25 cities in the United States with one of the youngest fleet in The Americas. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico and in selected destinations in the United States and Central America. Volaris has received the ESR Award for Social Corporate Responsibility for eleven consecutive years. For more information, please visit: www.volaris.com.

Investor Relations contact: María Elena Rodríguez & Andrea González/ Investor Relations / ir@volaris.com / +52 55 5261 6444

Media contact: Gabriela Fernández / volaris@gcya.mx / +52 55 5246 0100

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SOURCE Volaris

P&O Cruises Australia Extends its Pause in Operations in New Zealand

MIAMI, Jan. 5, 2021 /PRNewswire/ — P&O Cruises Australia is extending its rolling pause in operations in New Zealand to departures on and before 25 April, 2021 as the cruise line and the wider industry continue to work with government and public health authorities on the appropriate time to restart sailing.

The cruise line, which has based ships in Auckland for many years, will return to <span…

MIAMI, Jan. 5, 2021 /PRNewswire/ — P&O Cruises Australia is extending its rolling pause in operations in New Zealand to departures on and before 25 April, 2021 as the cruise line and the wider industry continue to work with government and public health authorities on the appropriate time to restart sailing.

The cruise line, which has based ships in Auckland for many years, will return to New Zealand for a dedicated 150-day season in July 2022.

P&O Cruises Australia President Sture Myrmell said the start of a new year brought renewed optimism and confidence but, at the same time, it was important to remain realistic about the more immediate future.

«We know that much better days lie ahead and we remain positive about the resumption of cruising. While we’ve paused operations, P&O Cruises together with the wider industry has been using the time wisely to plan for cruising’s return,» Mr Myrmell said.

«As we work towards this goal, we wanted to provide our Kiwi guests with as much certainty as possible and flexibility around their 2021 bookings and an opportunity to reschedule their cruise holiday for 2022 or beyond.

«I want to thank our New Zealand guests for their loyalty to P&O Cruises Australia during this time and we look forward to welcoming them back onboard.»

Initially scheduled to start sailing from Auckland from 6 February, 2021, Pacific Explorer’s operations were previously paused to 4 March, 2021 and are now paused to 25 April.

In Australia, Pacific Adventure is currently scheduled to begin sailing from Sydney on 30 April, 2021 while Pacific Encounter is due to call Brisbane home from 7 May – although additional voyages may be added earlier, depending on the timing of the return of cruising in Australia.

The extended pause in operations from New Zealand affects the following cruises:

Pacific Explorer: X112N, X113N, X114N, X115N, X116N, X117N, X118N, X119N, X120N.

Booking and refund options for cancelled cruises from 7 January, 2021:

P&O will make contact with guests whose cruises have been affected, either directly or via their appointed travel agent, to let them know of this development and the options available to them.

Guests who have not yet received an offer in response to a cruise that was cancelled during P&O’s pause in operations are entitled to a full refund or bonus onboard credit if they choose a future cruise credit. 

P&O will pay refunds back to travel agents for guests who booked through that channel. The cruise line will also protect travel agent commissions on all bookings for cancelled cruises that were paid in full as at 5 January, 2021.

Guests with bookings affected by the pause in operations, can track the progress of their future cruise credit or refund request via a new tracking tool found on P&O’s website.

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SOURCE P&O Cruises AU