DEWAR’S® Brings Together The Unexpected Through The Launch Of A New Port Cask Finished Scotch Whisky

HAMILTON, Bermuda, Jan. 28, 2021 /PRNewswire-HISPANIC PR WIRE/ — DEWAR’S® Scotch Whisky, the world’s most awarded blended Scotch whisky, announces the launch of DEWAR’S Portuguese Smooth, showcasing the exciting flavors that are crafted when Scotland meets Portugal in a bottle. Marking the brand’s 175th anniversary this year, this new iteration of the DEWAR’S Cask Series features DEWAR’S 8 year old…

HAMILTON, Bermuda, Jan. 28, 2021 /PRNewswire-HISPANIC PR WIRE/ — DEWAR’S® Scotch Whisky, the world’s most awarded blended Scotch whisky, announces the launch of DEWAR’S Portuguese Smooth, showcasing the exciting flavors that are crafted when Scotland meets Portugal in a bottle. Marking the brand’s 175th anniversary this year, this new iteration of the DEWAR’S Cask Series features DEWAR’S 8 year old double-aged blended Scotch whisky, finished in ruby port casks for a rich, full-bodied blend.

Following the successful launches of DEWAR’S Caribbean Smooth Rum Cask Finish and DEWAR’S Ilegal Smooth Mezcal Cask Finish, the third edition in the brand’s double-aged blended Scotch cask-finished series reflects the brand’s passion for harmoniously bringing together unexpected flavor traits for a richer taste and experience. Perfect for both whisky aficionados and amateurs alike, DEWAR’S Portuguese Smooth features flavor notes of freshly sliced ripe apricots, honeydew melon, red cherries and black currants drizzled with heather honey – all enveloped in rich creamy notes of vanilla.

«The whisky category has a certain mythology of its own, replete with traditional conventions. We created the DEWAR’S cask-finished series to break the mold and evolve those traditions by bringing two product elaboration cultures together – in this case from Scotland and Portugal – to create something richer. Though we can’t travel to the Highlands of Scotland or the Douro Valley of Portugal this year, we crafted DEWAR’S Portuguese Smooth to engage all those with wanderlust and curiosity. The brand has long been driven by a natural curiosity and, with 2021 ringing in our 175th anniversary, we hope that DEWAR’S Portuguese Smooth will inspire people to look beyond the obvious, or their ‘usual tipple’, and to discover a new whisky that will enthrall the senses and delight the palate. It is about enjoyment, not rules, and through this we are certain that this great whisky will challenge some pre-conceived notions of what standard blended scotch whisky is about,» says Brian Cox, Vice President, DEWAR’S Scotch Whisky, North America.

«With its full bodied yet refined mouthfeel and unique flavor profile – which features subtle notes of stone fruits, dark red fruits and honey – DEWAR’S Portuguese Smooth is designed to be a veritable celebration of the two cultures of Scotland and Portugal. Thanks to a unique production process where the 8 year old scotch is double aged for extra smoothness and then finished in casks that previously held fine ruby port wines, DEWAR’S Portuguese Smooth has a satisfyingly unusual, yet super smooth, taste that is ideally enjoyed anyway you like – be it neat, on the rocks, in a highball or as a great alternative to beer and wine for food pairings. It’s really about your mood, time, place and company – be it in person or remotely,» says Stephanie Macleod, Master Blender for DEWAR’S.

Signature cocktails include The Spiced Tonic Highball and The Ginger Highball which reimagines the classic highball with a refreshing blend of stone fruit and baking spice flavors.

DEWAR’S Portuguese Smooth 8 year old port cask finish will be available in a 750ML bottle with an SRP of $21.99 and will retail in all fine wine & spirits retailers nationwide. For more information on DEWAR’S Portuguese Smooth and the rest of DEWAR’S whisky products, please visit www.dewars.com or on Facebook, Instagram and YouTube.

DEWAR’S PORTUGUESE SMOOTH SIGNATURE SERVE: SPICED TONIC HIGHBALL

Ingredients:
2oz Dewar’s Portuguese Smooth
Fever Tree Aromatic Tonic

Glass:
Highball

Garnish:
Orange wedge

Method: Add whisky to chilled highball glass, fill with ice and top with soda. Garnish with the orange.

DEWAR’S PORTUGUESE SMOOTH SIGNATURE SERVE: GINGER HIGHBALL

Ingredients:
2oz Dewar’s Portuguese Smooth
Fever Tree Ginger ale

Glass:
Highball

Garnish:
Lemon peel

Method: Add whisky to chilled highball glass, fill with ice and top with ginger ale.  Garnish with lemon.

ENJOY RESPONSIBLY ©2021 DEWAR’S BLENDED SCOTCH WHISKY 40% ALC. BY VOL

IMPORTED BY JOHN DEWAR’S & SONS COMPANY, CORAL GABLES, FL

About DEWAR’S
Founded in 1846 by John Dewar, DEWAR’S has grown from a small wine and spirits merchant shop in Scotland, to one of the largest Scotch whisky brands in the world. Best known for its iconic DEWAR’S WHITE LABEL, it has expanded its family to create a portfolio of premium and super premium whiskies including DEWAR’S 12-Year-Old, DEWAR’S 15-Year-Old, DEWAR’S 18-Year-Old, DEWAR’S Double Double Series, DEWAR’S Caribbean Smooth and the exclusive DEWAR’S 25.  These whiskies are crafted using the DEWAR’S oak marrying ageing process, which involves returning the hand-crafted blend to vintage oak casks for further maturation. The result is a smoother taste with a long, lingering finish; a taste that wins medals and applause, making DEWAR’S the world’s most awarded blended Scotch. The DEWAR’S brand is part of the portfolio of Bacardi Limited, headquartered in Hamilton, Bermuda. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited.

About Bacardi Limited
Bacardi Limited, the largest privately held spirits company in the world, produces and markets internationally recognized spirits and wines. The Bacardi brand portfolio comprises more than 200 brands and labels, including BACARDÍ® rum, GREY GOOSE® vodka, PATRÓN® tequila, DEWAR’S® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other leading and emerging brands including WILLIAM LAWSON’S® Scotch whisky, ST-GERMAIN® elderflower liqueur, and ERISTOFF® vodka.

Founded more than 158 years ago, in Santiago de Cuba on February 4, 1862, family-owned Bacardi currently employs nearly 7,000, operates more than 20 production facilities, including bottling, distilling and manufacturing sites in 11 countries, and sells its brands in more than 170 countries. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited. Visit www.bacardilimited.com or follow @BacardiLimited.    

Media Contacts:

Eva McGarry       

Katarina Damree, PR Director

Nike Communications       

Bacardi-Martini Ltd.

609.273.0756      

+44 (0) 7971 508667

emcgarry@nikecomm.com     

kdamree@bacardi.com

 

Photo – https://mma.prnewswire.com/media/1427414/DEWARS_Portuguese_Smooth.jpg

Logo – https://mma.prnewswire.com/media/972396/dewars_Logo.jpg

SOURCE DEWAR’S

DEWAR’S® Brings Together The Unexpected Through The Launch Of A New Port Cask Finished Scotch Whisky

HAMILTON, Bermuda, Jan. 28, 2021 /PRNewswire-HISPANIC PR WIRE/ — DEWAR’S® Scotch Whisky, the world’s most awarded blended Scotch whisky, announces the launch of DEWAR’S Portuguese Smooth, showcasing the exciting flavors that are crafted when Scotland meets Portugal in a bottle. Marking the brand’s 175th anniversary this year, this new iteration of the DEWAR’S Cask Series features DEWAR’S 8 year old…

HAMILTON, Bermuda, Jan. 28, 2021 /PRNewswire-HISPANIC PR WIRE/ — DEWAR’S® Scotch Whisky, the world’s most awarded blended Scotch whisky, announces the launch of DEWAR’S Portuguese Smooth, showcasing the exciting flavors that are crafted when Scotland meets Portugal in a bottle. Marking the brand’s 175th anniversary this year, this new iteration of the DEWAR’S Cask Series features DEWAR’S 8 year old double-aged blended Scotch whisky, finished in ruby port casks for a rich, full-bodied blend.

Following the successful launches of DEWAR’S Caribbean Smooth Rum Cask Finish and DEWAR’S Ilegal Smooth Mezcal Cask Finish, the third edition in the brand’s double-aged blended Scotch cask-finished series reflects the brand’s passion for harmoniously bringing together unexpected flavor traits for a richer taste and experience. Perfect for both whisky aficionados and amateurs alike, DEWAR’S Portuguese Smooth features flavor notes of freshly sliced ripe apricots, honeydew melon, red cherries and black currants drizzled with heather honey – all enveloped in rich creamy notes of vanilla.

«The whisky category has a certain mythology of its own, replete with traditional conventions. We created the DEWAR’S cask-finished series to break the mold and evolve those traditions by bringing two product elaboration cultures together – in this case from Scotland and Portugal – to create something richer. Though we can’t travel to the Highlands of Scotland or the Douro Valley of Portugal this year, we crafted DEWAR’S Portuguese Smooth to engage all those with wanderlust and curiosity. The brand has long been driven by a natural curiosity and, with 2021 ringing in our 175th anniversary, we hope that DEWAR’S Portuguese Smooth will inspire people to look beyond the obvious, or their ‘usual tipple’, and to discover a new whisky that will enthrall the senses and delight the palate. It is about enjoyment, not rules, and through this we are certain that this great whisky will challenge some pre-conceived notions of what standard blended scotch whisky is about,» says Brian Cox, Vice President, DEWAR’S Scotch Whisky, North America.

«With its full bodied yet refined mouthfeel and unique flavor profile – which features subtle notes of stone fruits, dark red fruits and honey – DEWAR’S Portuguese Smooth is designed to be a veritable celebration of the two cultures of Scotland and Portugal. Thanks to a unique production process where the 8 year old scotch is double aged for extra smoothness and then finished in casks that previously held fine ruby port wines, DEWAR’S Portuguese Smooth has a satisfyingly unusual, yet super smooth, taste that is ideally enjoyed anyway you like – be it neat, on the rocks, in a highball or as a great alternative to beer and wine for food pairings. It’s really about your mood, time, place and company – be it in person or remotely,» says Stephanie Macleod, Master Blender for DEWAR’S.

Signature cocktails include The Spiced Tonic Highball and The Ginger Highball which reimagines the classic highball with a refreshing blend of stone fruit and baking spice flavors.

DEWAR’S Portuguese Smooth 8 year old port cask finish will be available in a 750ML bottle with an SRP of $21.99 and will retail in all fine wine & spirits retailers nationwide. For more information on DEWAR’S Portuguese Smooth and the rest of DEWAR’S whisky products, please visit www.dewars.com or on Facebook, Instagram and YouTube.

DEWAR’S PORTUGUESE SMOOTH SIGNATURE SERVE: SPICED TONIC HIGHBALL

Ingredients:
2oz Dewar’s Portuguese Smooth
Fever Tree Aromatic Tonic

Glass:
Highball

Garnish:
Orange wedge

Method: Add whisky to chilled highball glass, fill with ice and top with soda. Garnish with the orange.

DEWAR’S PORTUGUESE SMOOTH SIGNATURE SERVE: GINGER HIGHBALL

Ingredients:
2oz Dewar’s Portuguese Smooth
Fever Tree Ginger ale

Glass:
Highball

Garnish:
Lemon peel

Method: Add whisky to chilled highball glass, fill with ice and top with ginger ale.  Garnish with lemon.

ENJOY RESPONSIBLY ©2021 DEWAR’S BLENDED SCOTCH WHISKY 40% ALC. BY VOL

IMPORTED BY JOHN DEWAR’S & SONS COMPANY, CORAL GABLES, FL

About DEWAR’S
Founded in 1846 by John Dewar, DEWAR’S has grown from a small wine and spirits merchant shop in Scotland, to one of the largest Scotch whisky brands in the world. Best known for its iconic DEWAR’S WHITE LABEL, it has expanded its family to create a portfolio of premium and super premium whiskies including DEWAR’S 12-Year-Old, DEWAR’S 15-Year-Old, DEWAR’S 18-Year-Old, DEWAR’S Double Double Series, DEWAR’S Caribbean Smooth and the exclusive DEWAR’S 25.  These whiskies are crafted using the DEWAR’S oak marrying ageing process, which involves returning the hand-crafted blend to vintage oak casks for further maturation. The result is a smoother taste with a long, lingering finish; a taste that wins medals and applause, making DEWAR’S the world’s most awarded blended Scotch. The DEWAR’S brand is part of the portfolio of Bacardi Limited, headquartered in Hamilton, Bermuda. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited.

About Bacardi Limited
Bacardi Limited, the largest privately held spirits company in the world, produces and markets internationally recognized spirits and wines. The Bacardi brand portfolio comprises more than 200 brands and labels, including BACARDÍ® rum, GREY GOOSE® vodka, PATRÓN® tequila, DEWAR’S® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other leading and emerging brands including WILLIAM LAWSON’S® Scotch whisky, ST-GERMAIN® elderflower liqueur, and ERISTOFF® vodka.

Founded more than 158 years ago, in Santiago de Cuba on February 4, 1862, family-owned Bacardi currently employs nearly 7,000, operates more than 20 production facilities, including bottling, distilling and manufacturing sites in 11 countries, and sells its brands in more than 170 countries. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited. Visit www.bacardilimited.com or follow @BacardiLimited.    

Media Contacts:

Eva McGarry       

Katarina Damree, PR Director

Nike Communications       

Bacardi-Martini Ltd.

609.273.0756      

+44 (0) 7971 508667

emcgarry@nikecomm.com     

kdamree@bacardi.com

 

Photo – https://mma.prnewswire.com/media/1427414/DEWARS_Portuguese_Smooth.jpg

Logo – https://mma.prnewswire.com/media/972396/dewars_Logo.jpg

SOURCE DEWAR’S

Activate Accident Repair Chooses Solera to Streamline End-to-End Bodyshop Management

Solera Audatex’s PlanManager increases technician utilization by 10%; significantly reduces administrative time by 60 minutes per claim

BRACKNELL, United Kingdom, Jan. 28, 2021 /PRNewswire/ — Solera, a global leader in risk and asset management data and software solutions for the insurance and automotive industries, today announces its partnership with UK leading accident management service provider, <a target="_blank"…

Solera Audatex’s PlanManager increases technician utilization by 10%; significantly reduces administrative time by 60 minutes per claim

BRACKNELL, United Kingdom, Jan. 28, 2021 /PRNewswire/ — Solera, a global leader in risk and asset management data and software solutions for the insurance and automotive industries, today announces its partnership with UK leading accident management service provider, Activate Group Limited part of the Activate Group of companies, to streamline the management of thousands of repairs a year with PlanManager.

Solera Logo.

PlanManager from Solera Audatex is a state-of-the-art end-to-end body shop management solution. Activate Accident Repair has already successfully integrated PlanManager into three of its repair sites to date and will be working with the Audatex team to continue the roll out across all of its UK sites throughout 2021.

PlanManager enhances the repair management process for Activate Accident Repair and their customers by providing a digital-first management and triage solution, using apps and integrated two-way customer communications. Through unrivalled intelligent data and assisted automated planning, the solution is proven to increase technician utilization by 10% and significantly reduce administrative time by 60 minutes per claim.

The partnership will strategically support Activate Accident Repair’s business objectives for growth. The solution will support all sites with a fast-track repair lane for non-structural repairs, allowing for reduced times on smaller jobs. Moreover, Activate Accident Repair centres are now able to deliver and measure an improved key-to-key time due to intelligent triage of jobs, utilizing images taken by the driver before the vehicle arrives on site.

Victoria Turner, CEO, Activate Accident Repair commented on the partnership: «Working with an innovative partner like Solera complements our mission of being totally tech-led and presenting a transparent, open-book approach to accident repair with our customers. Using PlanManager allows us to implement a more streamlined and efficient workflow process, and is already establishing itself as an integral part of achieving our future expansion plans in the UK.»

Simon Meredith, Key Account Manager of Solera Audatex UK, also commented: «PlanManager delivers efficiency gains through intelligent, integrated solutions. This provides a superior customer experience giving users the tools and intelligent data needed to run an efficient workshop, enabling real-time tracking of all body shop management tasks and vehicle repairs. We can support Activate Accident Repair’s to realise its core objective of using innovation and technology to connect and provide customers with real-time information, reduce costs and key-to-key times.»

For more information, visit: www.audatex.co.uk/solutions/planmanager 

ABOUT SOLERA AUDATEX

Trusted the world over, Audatex UK has redefined global knowledge and data insight in risk and asset management since 1987. Through unrivalled integrated technology, we connect people, insurers and suppliers, and empower them to make quicker, smarter decisions. Part of the Solera group, we consistently challenge expectations through continuous investment and digital innovation.

ABOUT SOLERA

Solera is a global leader in risk and asset management data and software solutions, empowering companies across the automotive and insurance ecosystem with trusted solutions that adhere to the highest standards of data privacy, security, and integrity to support connectivity across the vehicle value chain. Solera’s solutions bring together customers, insurers, and suppliers, empowering smarter decision-making through service, software, enriched data, proprietary algorithms, and machine learning. These come together to deliver insight and ensure customers’ vehicles and property are optimally maintained and expertly repaired. The company is active in more than 90 countries across six continents. We process more than 300 million digital transactions annually for more than 235,000 customers and partners. By drawing on the market-leading solution capabilities and business process best practices from its technologies around the world, Solera provides unsurpassed scale and strength with superior performance while delivering innovation to move the industry forward.

About ACTIVATE ACCIDENT REPAIR Group

Part of the Activate Group of companies, Activate Accident Repair is the faster, smarter repair partner, delivering high-quality repairs to dozens of insurers and fleet clients. Launched in 2019, it has sites in Birmingham, Leeds and Glasgow, and plans to open a further 15 sites in rapid succession in 2021/22.

About Activate Group

Activate Group and its subsidiaries provide end-to-end accident management solutions to insurers, fleet providers, TPA’s and brokers.  The Group provides claims management to corporate and commercial fleets through sopp+sopp, operate an approved nationwide repair network for personal lines insurance claims through Motor Repair Network, supply next-day parts and consumables through Sopp Parts and autobody repair through Activate Accident Repair. Based in the UK, Activate Group employs more than 400 people, with two main offices in Halifax and Peterborough.

Logo – https://mma.prnewswire.com/media/215922/solera_holdings_inc_logo.jpg  

Ram 1500 TRX Named FOUR WHEELER ‘2021 Pickup Truck of the Year’

AUBURN HILLS, Mich., Jan. 28, 2021 /PRNewswire/ —

AUBURN HILLS, Mich., Jan. 28, 2021 /PRNewswire/ —

  • 2021 Ram 1500 TRX earns award in its debut year from leading off-road publication
  • FOUR WHEELER judges evaluated new models from several manufacturers to determine the Ram 1500 TRX as «2021 Pickup Truck of the Year»
  • Ram 1500 TRX is designed bolt by bolt to significantly outperform every other truck and rigorously tested to handle the most punishing conditions with extreme capability and durability

The 2021 Ram 1500 TRX – the quickest, fastest and most powerful mass-produced truck in the world – has been named FOUR WHEELER «2021 Pickup of the Year.» The award is given annually by the editors of the opinion-leading, off-road enthusiast publication. 

«We’re incredibly proud to earn this award from the respected experts at FOUR WHEELER and feel validated that we continue to build the best trucks available,» said Mike Koval Jr., Ram Brand Chief Executive Officer – Stellantis. «Our new Ram 1500 TRX sets the benchmark for extreme performance pickup trucks and clearly telegraphs the Ram Truck brand’s leadership in the segment.» Over the course of a week, FOUR WHEELER’s judges conducted a variety of tests spanning more than 1,000 miles of varied terrain that included pavement, gravel, dirt, sand, rocks, mud and snow. A loose-dirt hillclimb and water crossings were included in testing as well. Night driving was also integrated into the competition to gauge each vehicle’s lighting equipment. Judges included staff from various 4×4 media brands, including FOUR WHEELER, 4-WHEEL & OFF-ROAD, and JP MAGAZINE. 

«The Ram 1500 TRX isn’t just a performance truck that absolutely owns the go-fast terrain, but it is also a capable crawler on the trail that offers impressive towing and payload numbers. The TRX easily shames sports cars on the pavement and the interior rivals anything the luxury class has to offer,» said Sean P. Holman, Content Director, Truck & Off-Road Group. «Surprisingly, the TRX is not a one-trick pony. It is one of the best all-around trucks we’ve ever tested, and the TRX just so happens to be able to carry insane speeds in the dirt with over 1,000 pounds in the bed with seemingly the same amount of effort as it takes to go down the highway on the way to work.»

«The Ram 1500 TRX is a breathtaking truck that flat out impresses,» said FOUR WHEELER Editor Ken Brubaker. «From its bad-boy muscular stance to its stunning pin-you-to-your-seat power to its incredible suspension that easily tames the worst terrain, the TRX is the total package.»

FOUR WHEELER’s «Pickup Truck of the Year» award event – now in its 32nd consecutive year – is an invitation-only competition that is only open to all-new or significantly revised pickup trucks for the upcoming model year.

2021 Ram 1500 TRX
The new 2021 Ram 1500 TRX is the apex predator of the truck world and cements Ram Truck as North America’s off-road truck leader. Designed bolt by bolt to significantly outperform every other truck straight from the factory, the Ram 1500 TRX has been tested to handle the most punishing conditions with extreme durability. Class-leading, uncompromising performance in the harshest environments is achieved in part through the 702-horsepower supercharged 6.2-liter HEMI® V-8 engine. Stratospheric power delivers a new level of performance: 0-60 miles per hour (mph) in 4.5 seconds, the quarter mile in 12.9 seconds at 108 mph and a top speed 118 mph. The 2021 Ram 1500 TRX has been rigorously tested to handle the most punishing conditions with extreme capability and durability on its way to being the quickest, fastest and most powerful mass-produced half-ton pickup truck in the world.

The Ram 1500 TRX builds on everything the award-winning Ram 1500 lineup delivers – including world-class luxurious interiors with premium materials and incredible attention to detail, segment-leading ride-quality and comfort, and a superior level of refinement and sophistication – and raises the no-compromise benchmark for power, performance, durability, technology and convenience with features never before offered in a pickup.

Class-leading ride and handling are accomplished via an all-new custom suspension composed of the highest possible quality components and tuning geared towards high-speed desert runs, producing even more capability on the street or in the desert. The Ram 1500 TRX boasts a ground clearance of 11.8 inches due in part to a 2-inch ride height increase when compared with the rest of the Ram 1500 lineup, along with aggressive 35-inch Goodyear Wrangler Territory All-Terrain 325/65/R18 tires. This combination enables TRX to clear surface obstacles easily and at high speeds.

A luxurious and spacious interior offers authentic, premium materials, colors and textures, including hand-wrapped leather instrument panels for unexpected luxury throughout. As a segment disrupter, the standard Uconnect 4C with a massive 12-inch touchscreen leads the segment in technology, featuring split-screen capability, 360-degree camera views, and exclusive content from SiriusXM with 360L and Personalized Stations Powered by Pandora. The 2021 Ram 1500 TRX is the first vehicle to include the new Know & Go mobile app featuring an immersive experience for customers who want to learn more about their vehicles. Active safety and security systems include adaptive cruise control, Forward Collision Warning, Blind-spot Monitoring and Ready Alert Braking.

Ram Truck Brand
In 2009, the Ram Truck brand launched as a stand-alone division, focused on meeting the demands of truck buyers and delivering benchmark-quality vehicles. With a full lineup of trucks, the Ram 1500, 2500/3500 Heavy Duty, 3500/4500/5500 Chassis Cab, ProMaster and ProMaster City, the Ram brand builds trucks that get the hard work done and families where they need to go.

Ram continues to outperform the competition and sets the benchmarks for:

  • 1,075 lb.-ft. of torque with Cummins Turbo Diesel
  • Towing capacity of 37,100 lbs. with Ram 3500
  • Segment first 1,000 lb.-ft of torque with Cummins Turbo Diesel
  • Payload of 7,680 lbs. with Ram 3500
  • Most luxurious: Ram Limited with real wood, real leather and 12-inch Uconnect touchscreen
  • Best ride and handling with exclusive link coil rear and auto-level air suspensions
  • Most interior space with Ram Mega Cab
  • Most capable full-size off-road pickup – Ram Power Wagon
  • Most awarded light-duty truck in America
  • Highest owner loyalty of any half-ton pickup
  • Over the last 30 years, Ram has the highest percentage of pickups still on the road

Ram is part of the portfolio of brands offered by leading global automaker and mobility provider Stellantis. For more information regarding Stellantis (NYSE: STLA), please visit www.stellantis.com.

Follow Ram and company news and video on:
Company blog: http://blog.stellantisnorthamerica.com
Media website: http://media.stellantisnorthamerica.com
Ram Truck brand: www.ramtrucks.com
Facebook: www.facebook.com/RamTrucks 
Instagram: www.instagram.com/ramtrucks 
Twitter: www.twitter.com/RamTrucks 
YouTube: www.youtube.com/RamTrucks, https://www.youtube.com/StellantisNA

 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ram-1500-trx-named-four-wheeler-2021-pickup-truck-of-the-year-301217265.html

SOURCE Stellantis

University of South Florida’s new Center for Justice Research & Policy to tackle police reform, fairness in the justice system



TAMPA, Fla. , Jan. 28, 2021 /PRNewswire/ — The University of South Florida today announced the launch of an interdisciplinary center dedicated to serving Tampa Bay as the major training and knowledge hub for issues related to social and criminal justice. The <a target="_blank"…



TAMPA, Fla. , Jan. 28, 2021 /PRNewswire/ — The University of South Florida today announced the launch of an interdisciplinary center dedicated to serving Tampa Bay as the major training and knowledge hub for issues related to social and criminal justice. The Center for Justice Research & Policy unites scholars and practitioners from colleges across USF’s three campuses, area law enforcement agencies and community advocates. Together, they provide learning opportunities for students, collaborative community-engaged research and actionable, evidence-based solutions to address some of the justice system’s greatest challenges.

The center is funded in part by a five-year, $1.2 million grant from the National Institute of Justice awarded to co-directors Edelyn Verona, professor of psychology, and Bryanna Fox, associate professor of criminology. The grant is consistent with the center’s mission to apply rigorous research to advance evidence-based criminal justice practices.

«The causes and responses to crime are multi-systemic, but rarely do we see truly collaborative efforts on these fronts,» Fox said. «It’s been a long-time goal to establish an interdisciplinary hub focused on conducting research and innovating real-world strategies to help reduce crime and incarceration, promote safe communities and improve outcomes for people in the justice system. This center is one of the first to do just that.»

«It’s beyond time that we lay the groundwork for moving beyond academic silos and science-public communication gaps to allow for innovative ideas that produce practical results,» Verona said. «As recent events around the country show, we need multilevel solutions that address the various biases and improve the effectiveness of the system to ensure public safety.»

The Tampa Bay Buccaneers, Tampa Bay Lightning and Tampa Bay Rays/Tampa Bay Rowdies organizations have each provided a $25,000 gift to the USF Foundation to support projects involving the evaluation and implementation of police reform. The teams have publicly expressed concerns over social injustices in the Black community.

«The Tampa Bay Buccaneers are proud to support the new USF Center for Justice Research & Policy,» said Darcie Glazer Kassewitz, Tampa Bay Buccaneers co-owner. «Our players and staff are steadfast in their commitment to creating programs and enhancing initiatives that reverse the course of systemic injustice. It takes all of us to foster an equitable society, and we will continue to work hand in hand with our community partners to implement purposeful change throughout Tampa Bay

«We are delighted at the opportunity to partner – along with our friends at the Rays and Bucs – with USF to make training and learning opportunities available for the Tampa Bay community,» said Steve Griggs, CEO of the Tampa Bay Lightning. «Ensuring that courageous conversations like these are ongoing is incredibly important for continuing to advance our community. The Lightning remains committed to ensuring that everyone has a seat at the table and this new USF social and criminal justice center will do just that.»

«The USF Center for Justice Research & Policy is doing important work in the study of criminal and social justice policy to move us closer to equity,» said Tampa Bay Rays President & Tampa Bay Rowdies Vice Chairman Brian Auld. «We are proud to support their work.»

Several projects are underway at the center. Fox and Verona have been working with the Pasco County Sheriff’s Office to study and evaluate reentry services for jail inmates. Fox is also providing oversight of new policies and procedures enacted by the Tampa Police Department to improve its relationship with communities of color. The formal partnership follows her review of feedback provided by the Mayor’s Community Task Force on Policing.

«USF has been an incredible partner in our mission to embrace progressive policies here in Tampa. This new research center will allow USF to continue the important work of understanding the barriers to equity and how we can break them down together. They have already made significant contributions to nationwide conversations on social justice and this center will be another opportunity to further those conversations that are key to progress,» Tampa Mayor Jane Castor said.  «We are proud to be home to this top research university that continues to lead the way and make a positive, long-lasting impact.»

The center’s leadership team has vast expertise in crime prevention, substance abuse, juvenile justice, gun violence, human trafficking, forensic anthropology and the court system. In addition to research, they’ll offer training events to community partners on topics such as, evidence-based policing, criminal justice reform, crisis intervention and reentry services, risk assessment and more.

Undergraduate and graduate USF students with varying majors will have the opportunity to collaborate through the center and participate in translational, community-engaged research, and help identify practical applications for their findings. This experience will serve as a model for their future work as scholars and practitioners.

In addition to launching the center, USF has taken a series of actions in recent months to work toward dismantling systemic racism and actively promote racial equity across its campuses and in surrounding communities.

About the University of South Florida
The University of South Florida is a high-impact global research university dedicated to student success. Over the past 10 years, no other public university in the country has risen faster in U.S. News and World Report’s national university rankings than USF. Serving more than 50,000 students on campuses in Tampa, St. Petersburg and SarasotaManatee, USF is designated as a Preeminent State Research University by the Florida Board of Governors, placing it in the most elite category among the state’s 12 public universities. USF has earned widespread national recognition for its success graduating under-represented minority and limited-income students at rates equal to or higher than white and higher income students. USF is a member of the American Athletic Conference. Learn more at www.usf.edu.


Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/university-of-south-floridas-new-center-for-justice-research–policy-to-tackle-police-reform-fairness-in-the-justice-system-301216900.html

SOURCE University of South Florida

Bird Fatalities In Wind Farms Greatly Reduced By Using IdentiFlight AI Technology

LOUISVILLE, Colo., Jan. 28, 2021 /PRNewswire/ — IdentiFlight® is excited to announce that an independent study, «Automated curtailment of wind turbines reduces eagle fatalities,» was recently published in the Journal…

LOUISVILLE, Colo., Jan. 28, 2021 /PRNewswire/ — IdentiFlight® is excited to announce that an independent study, «Automated curtailment of wind turbines reduces eagle fatalities,» was recently published in the Journal of Applied Ecology.  Conducted by The Peregrine Fund, in cooperation with Western EcoSystems Technology, Inc. and the US Geological Survey, at a wind farm site in Wyoming, the research showed use of the IdentiFlight system resulted in an 82 percent reduction of eagle fatalities

Bird fatalities in wind farms greatly reduced by using IdentiFlight artificial intelligence technology

«Avian collisions with turbine blades have been a long-time concern in the wind industry.  The IdentiFlight avian detection technology was developed to address this problem and promote the successful coexistence of avian wildlife and wind energy,» said Ben Quinn, Senior Vice President at IdentiFlight. «We now have conclusive evidence that IdentiFlight can be utilized as a mitigation and minimization solution for current and future wind projects.»

Dr. Chris McClure, Director of Global Conservation Science at The Peregrine Fund and lead author on this study, noted, «These results show that using the IdentiFlight system can lessen numbers of fatalities of eagles at wind energy facilities, reducing the conflict between wind energy and raptor conservation. As this technology continues to develop and improve, it has the potential to greatly impact raptor conservation around the globe.»

Continually Evolving Technology

The IdentiFlight system is commercially deployed at projects around the world and has actively tracked and documented over 2.2 million eagle tracks. Documented images increase by more than 10 million every year with over 47 million images of protected species gathered. With every image, the IdentiFlight system becomes more accurate and robust.

Carlos Jorquera, Chief Technology Officer for IdentiFlight, stated, «One of the advantages of the IdentiFlight system is its ability to learn from the massive amounts of data that it collects daily from eagles and other protected bird species around the world. By leveraging artificial intelligence technologies, such as machine-learning and convolutional neural networks, the system continuously improves as the data set grows.»

Quinn added, «In fact, IdentiFlight has achieved dramatic improvements in the time since this study was completed with expanded capabilities and new avian species added to better serve global needs, including Red and Black Kites, Golden Eagles, Bald Eagles, Wedge-tailed Eagles, White-tailed Eagles, Lesser Spotted Eagles and Condors.  We are excited about the future of IdentiFlight and look forward to continuing to demonstrate that wildlife and wind generation can coexist.»

How IdentiFlight Works

The IdentiFlight system blends artificial intelligence with high-precision optical technology to detect eagles and other protected avian species.    Proprietary software and neural network technologies process the images to determine 3D position, velocity, trajectory, and protected species of interest, all within seconds of detection. IdentiFlight towers operate as an autonomous system detecting, classifying, and curtailing specific turbines that could pose a risk to the bird.  The system detects a bird as far as one kilometer away, classifying it as a protected species such as an eagle (or not) in real time. The IdentiFlight towers can be positioned to cover multiple turbines in a single wind farm.  When installed as a network with overlapping aerial coverage, the systems work together to provide the most protection possible for avian activity in the area. 

About IdentiFlight

IdentiFlight markets, delivers, and operates machine vision and AI technology for avian species detection and is a product of Boulder Imaging. In an operating windfarm, IdentiFlight contributes to bird conservation by helping protect eagles from collisions with rotating wind turbine blades. The system provides informed curtailment to specific turbines to reduce energy loss.   In wind project development, IdentiFlight helps in permitting sites by accurately quantifying bird activity at prospective sites. The IdentiFlight system has completed real-world testing and validation and is now being deployed at projects across the U.S. and globally.  To learn more about IdentiFlight, please visit www.IdentiFlight.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/bird-fatalities-in-wind-farms-greatly-reduced-by-using-identiflight-ai-technology-301216970.html

SOURCE IdentiFlight

DEWAR’S® Brings Together The Unexpected Through The Launch Of A New Port Cask Finished Scotch Whisky

HAMILTON, Bermuda, Jan. 28, 2021 /PRNewswire/ — DEWAR’S® Scotch Whisky, the world’s most awarded blended Scotch whisky, announces the launch of DEWAR’S Portuguese Smooth, showcasing the exciting flavors that are crafted when Scotland meets Portugal in a bottle. Marking the brand’s 175th anniversary this year, this new iteration of the DEWAR’S Cask Series features DEWAR’S 8 year old double-aged blended…

HAMILTON, Bermuda, Jan. 28, 2021 /PRNewswire/ — DEWAR’S® Scotch Whisky, the world’s most awarded blended Scotch whisky, announces the launch of DEWAR’S Portuguese Smooth, showcasing the exciting flavors that are crafted when Scotland meets Portugal in a bottle. Marking the brand’s 175th anniversary this year, this new iteration of the DEWAR’S Cask Series features DEWAR’S 8 year old double-aged blended Scotch whisky, finished in ruby port casks for a rich, full-bodied blend.

Following the successful launches of DEWAR’S Caribbean Smooth Rum Cask Finish and DEWAR’S Ilegal Smooth Mezcal Cask Finish, the third edition in the brand’s double-aged blended Scotch cask-finished series reflects the brand’s passion for harmoniously bringing together unexpected flavor traits for a richer taste and experience. Perfect for both whisky aficionados and amateurs alike, DEWAR’S Portuguese Smooth features flavor notes of freshly sliced ripe apricots, honeydew melon, red cherries and black currants drizzled with heather honey – all enveloped in rich creamy notes of vanilla.

«The whisky category has a certain mythology of its own, replete with traditional conventions. We created the DEWAR’S cask-finished series to break the mold and evolve those traditions by bringing two product elaboration cultures together – in this case from Scotland and Portugal – to create something richer. Though we can’t travel to the Highlands of Scotland or the Douro Valley of Portugal this year, we crafted DEWAR’S Portuguese Smooth to engage all those with wanderlust and curiosity. The brand has long been driven by a natural curiosity and, with 2021 ringing in our 175th anniversary, we hope that DEWAR’S Portuguese Smooth will inspire people to look beyond the obvious, or their ‘usual tipple’, and to discover a new whisky that will enthrall the senses and delight the palate. It is about enjoyment, not rules, and through this we are certain that this great whisky will challenge some pre-conceived notions of what standard blended scotch whisky is about,» says Brian Cox, Vice President, DEWAR’S Scotch Whisky, North America.

«With its full bodied yet refined mouthfeel and unique flavor profile – which features subtle notes of stone fruits, dark red fruits and honey – DEWAR’S Portuguese Smooth is designed to be a veritable celebration of the two cultures of Scotland and Portugal. Thanks to a unique production process where the 8 year old scotch is double aged for extra smoothness and then finished in casks that previously held fine ruby port wines, DEWAR’S Portuguese Smooth has a satisfyingly unusual, yet super smooth, taste that is ideally enjoyed anyway you like – be it neat, on the rocks, in a highball or as a great alternative to beer and wine for food pairings. It’s really about your mood, time, place and company – be it in person or remotely,» says Stephanie Macleod, Master Blender for DEWAR’S.

Signature cocktails include The Spiced Tonic Highball and The Ginger Highball which reimagines the classic highball with a refreshing blend of stone fruit and baking spice flavors.

DEWAR’S Portuguese Smooth 8 year old port cask finish will be available in a 750ML bottle with an SRP of $21.99 and will retail in all fine wine & spirits retailers nationwide. For more information on DEWAR’S Portuguese Smooth and the rest of DEWAR’S whisky products, please visit www.dewars.com or on Facebook, Instagram and YouTube.

DEWAR’S PORTUGUESE SMOOTH SIGNATURE SERVE: SPICED TONIC HIGHBALL

Ingredients:
2oz Dewar’s Portuguese Smooth
Fever Tree Aromatic Tonic

Glass:
Highball

Garnish:
Orange wedge

Method: Add whisky to chilled highball glass, fill with ice and top with soda. Garnish with the orange.

DEWAR’S PORTUGUESE SMOOTH SIGNATURE SERVE: GINGER HIGHBALL

Ingredients:
2oz Dewar’s Portuguese Smooth
Fever Tree Ginger ale

Glass:
Highball

Garnish:
Lemon peel

Method: Add whisky to chilled highball glass, fill with ice and top with ginger ale.  Garnish with lemon.

ENJOY RESPONSIBLY ©2021 DEWAR’S BLENDED SCOTCH WHISKY 40% ALC. BY VOL

IMPORTED BY JOHN DEWAR’S & SONS COMPANY, CORAL GABLES, FL

About DEWAR’S
Founded in 1846 by John Dewar, DEWAR’S has grown from a small wine and spirits merchant shop in Scotland, to one of the largest Scotch whisky brands in the world. Best known for its iconic DEWAR’S WHITE LABEL, it has expanded its family to create a portfolio of premium and super premium whiskies including DEWAR’S 12-Year-Old, DEWAR’S 15-Year-Old, DEWAR’S 18-Year-Old, DEWAR’S Double Double Series, DEWAR’S Caribbean Smooth and the exclusive DEWAR’S 25.  These whiskies are crafted using the DEWAR’S oak marrying ageing process, which involves returning the hand-crafted blend to vintage oak casks for further maturation. The result is a smoother taste with a long, lingering finish; a taste that wins medals and applause, making DEWAR’S the world’s most awarded blended Scotch. The DEWAR’S brand is part of the portfolio of Bacardi Limited, headquartered in Hamilton, Bermuda. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited.

About Bacardi Limited
Bacardi Limited, the largest privately held spirits company in the world, produces and markets internationally recognized spirits and wines. The Bacardi brand portfolio comprises more than 200 brands and labels, including BACARDÍ® rum, GREY GOOSE® vodka, PATRÓN® tequila, DEWAR’S® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other leading and emerging brands including WILLIAM LAWSON’S® Scotch whisky, ST-GERMAIN® elderflower liqueur, and ERISTOFF® vodka.

Founded more than 158 years ago, in Santiago de Cuba on February 4, 1862, family-owned Bacardi currently employs nearly 7,000, operates more than 20 production facilities, including bottling, distilling and manufacturing sites in 11 countries, and sells its brands in more than 170 countries. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited. Visit www.bacardilimited.com or follow @BacardiLimited.    

Media Contacts:

Eva McGarry       

Katarina Damree, PR Director

Nike Communications       

Bacardi-Martini Ltd.

609.273.0756      

+44 (0) 7971 508667

emcgarry@nikecomm.com     

kdamree@bacardi.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/dewars-brings-together-the-unexpected-through-the-launch-of-a-new-port-cask-finished-scotch-whisky-301216559.html

SOURCE DEWAR’S

IMA Publishes New Report on the Pandemic’s Impact on Businesses and the Finance Function

MONTVALE, N.J., Jan. 28, 2021 /PRNewswire/ — A report by IMA® (Institute of Management Accountants) released today outlines how the pandemic is affecting finance functions and challenging organizations worldwide. <a target="_blank"…

MONTVALE, N.J., Jan. 28, 2021 /PRNewswire/ — A report by IMA® (Institute of Management Accountants) released today outlines how the pandemic is affecting finance functions and challenging organizations worldwide. «The Impact of COVID-19 on the Finance Function» report, which surveyed 1,481 accounting and financial professionals in five countries – China, India, Saudi Arabia, the United Arab Emirates (UAE) and the U.S. – provides a snapshot into three main areas of focus:

  • The impact of the pandemic on organizations, staffing, and compensation
  • The way the pandemic changed the skills needed in finance and the ability for workers to upskill accordingly
  • The changing priorities of the finance function around the world

The survey found that the pandemic has predictably lessened compensation and employment. Most of the survey respondents have had a reduction in their compensation this year, whether in salary, bonus, or both. Further, approximately half of the companies surveyed have let a portion of their staff go. The hardest hit companies were those in the tourism, travel, and hospitality industry, and those with more than $10 billion in revenue.

There was significant concern among survey respondents as to whether their current skills will be relevant in the post-COVID-19 era. As a result, there has been an uptick in professionals working to gain new skills: 75% of the accounting and finance professionals surveyed are enhancing their job skills, including cost management, decision support, and performance management.

«The COVID-19 pandemic continues to present businesses with unprecedented challenges and poses new demands on the finance function,» said Raef Lawson, Ph.D., CMA, CPA, IMA vice president of research and policy. «Finance professionals are interested in upskilling now more than ever to support their companies during the pandemic and in the post-COVID-19 era.»

The report shows that the majority of the professionals surveyed are emphasizing business essentials, prioritizing risk management and cash forecasting, and working on improving their job skills. The field of finance is transforming faster than ever, and finance and accounting professionals must work to strengthen their skills to maintain and advance their careers during these challenging times.

«The Impact of COVID-19 on the Finance Function» report is available here.

About IMA® (Institute of Management Accountants)
IMA® is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) and CSCA® (Certified in Strategy and Competitive Analysis) programs, continuing education, networking, and advocacy of the highest ethical business practices. Twice named Professional Body of the Year by The Accountant/International Accounting Bulletin, IMA has a global network of more than 125,000 members in 150 countries and 300 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its four global regions: The Americas, Asia/Pacific, Europe and Middle East/India. For more information about IMA, please visit www.imanet.org.

 

Cision View original content:http://www.prnewswire.com/news-releases/ima-publishes-new-report-on-the-pandemics-impact-on-businesses-and-the-finance-function-301216699.html

SOURCE IMA (Institute of Management Accountants)

Activate Accident Repair Chooses Solera to Streamline End-to-End Bodyshop Management

BRACKNELL, United Kingdom, Jan. 28, 2021 /PRNewswire/ — Solera, a global leader in risk and asset management data and software solutions for the insurance and automotive industries, today announces its partnership with UK leading accident management service provider, Activate Group Limited part of the Activate…

BRACKNELL, United Kingdom, Jan. 28, 2021 /PRNewswire/ — Solera, a global leader in risk and asset management data and software solutions for the insurance and automotive industries, today announces its partnership with UK leading accident management service provider, Activate Group Limited part of the Activate Group of companies, to streamline the management of thousands of repairs a year with PlanManager.

 

Solera Audatex’s PlanManager, increases technician utilization by 10%

 PlanManager from Solera Audatex is a state-of-the-art end-to-end body shop management solution. Activate Accident Repair has already successfully integrated PlanManager into three of its repair sites to date and will be working with the Audatex team to continue the roll out across all of its UK sites throughout 2021.

PlanManager enhances the repair management process for Activate Accident Repair and their customers by providing a digital-first management and triage solution, using apps and integrated two-way customer communications. Through unrivalled intelligent data and assisted automated planning, the solution is proven to increase technician utilization by 10% and significantly reduce administrative time by 60 minutes per claim.

The partnership will strategically support Activate Accident Repair’s business objectives for growth. The solution will support all sites with a fast-track repair lane for non-structural repairs, allowing for reduced times on smaller jobs. Moreover, Activate Accident Repair centres are now able to deliver and measure an improved key-to-key time due to intelligent triage of jobs, utilizing images taken by the driver before the vehicle arrives on site.

Victoria Turner, CEO, Activate Accident Repair commented on the partnership: «Working with an innovative partner like Solera complements our mission of being totally tech-led and presenting a transparent, open-book approach to accident repair with our customers. Using PlanManager allows us to implement a more streamlined and efficient workflow process, and is already establishing itself as an integral part of achieving our future expansion plans in the UK.»

Simon Meredith, Key Account Manager of Solera Audatex UK, also commented: «PlanManager delivers efficiency gains through intelligent, integrated solutions. This provides a superior customer experience giving users the tools and intelligent data needed to run an efficient workshop, enabling real-time tracking of all body shop management tasks and vehicle repairs. We can support Activate Accident Repair’s to realise its core objective of using innovation and technology to connect and provide customers with real-time information, reduce costs and key-to-key times.»

For more information, visit: www.audatex.co.uk/solutions/planmanager 

ABOUT SOLERA AUDATEX

Trusted the world over, Audatex UK has redefined global knowledge and data insight in risk and asset management since 1987. Through unrivalled integrated technology, we connect people, insurers and suppliers, and empower them to make quicker, smarter decisions. Part of the Solera group, we consistently challenge expectations through continuous investment and digital innovation.

ABOUT SOLERA

Solera is a global leader in risk and asset management data and software solutions, empowering companies across the automotive and insurance ecosystem with trusted solutions that adhere to the highest standards of data privacy, security, and integrity to support connectivity across the vehicle value chain. Solera’s solutions bring together customers, insurers, and suppliers, empowering smarter decision-making through service, software, enriched data, proprietary algorithms, and machine learning. These come together to deliver insight and ensure customers’ vehicles and property are optimally maintained and expertly repaired. The company is active in more than 90 countries across six continents. We process more than 300 million digital transactions annually for more than 235,000 customers and partners. By drawing on the market-leading solution capabilities and business process best practices from its technologies around the world, Solera provides unsurpassed scale and strength with superior performance while delivering innovation to move the industry forward.

About ACTIVATE ACCIDENT REPAIR Group

Part of the Activate Group of companies, Activate Accident Repair is the faster, smarter repair partner, delivering high-quality repairs to dozens of insurers and fleet clients. Launched in 2019, it has sites in Birmingham, Leeds and Glasgow, and plans to open a further 15 sites in rapid succession in 2021/22.

About Activate Group

Activate Group and its subsidiaries provide end-to-end accident management solutions to insurers, fleet providers, TPA’s and brokers.  The Group provides claims management to corporate and commercial fleets through sopp+sopp, operate an approved nationwide repair network for personal lines insurance claims through Motor Repair Network, supply next-day parts and consumables through Sopp Parts and autobody repair through Activate Accident Repair. Based in the UK, Activate Group employs more than 400 people, with two main offices in Halifax and Peterborough.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/activate-accident-repair-chooses-solera-to-streamline-end-to-end-bodyshop-management-301216980.html

SOURCE Solera Holdings, Inc.

SERHANT. Releases Year-End Report Detailing New York City’s 2020 High-End Real Estate Market

NEW YORK, Jan. 28, 2021 /PRNewswire/ — SERHANT., a multidimensional real estate brokerage that sits at the intersection of media, entertainment, education and technology, today announced the release of its <a target="_blank"…

NEW YORK, Jan. 28, 2021 /PRNewswire/ — SERHANT., a multidimensional real estate brokerage that sits at the intersection of media, entertainment, education and technology, today announced the release of its Year-End 2020 Signature Report, a semi-annual report detailing sales activity $10 million and above in the Manhattan and Brooklyn real estate market.

Key findings from the SERHANT. Signature Report include:

  • Record prices: The luxury real estate market saw a median sales price of $16,050,000 and an average sales price of $22,658,414, both record highs. The condo market also set a new record for price-per-square-foot at $5,137.
  • Record number of sales over $50 million: The ultra-prime market, defined as properties priced $50 million and above, had a banner year in 2020, boasting the most condo transactions ever in a single year as well as the highest-ever percentage of deals in this price range.
  • Decrease in overall number of transactions: There were 106 transactions in 2020 priced at $10 million and above, a decrease from the previous year, due in-part to mandated stay-at-home orders early in the year that prevented in-person showings.

«The luxury sector outperformed the broader market in 2020, driven by legacy transactions and some COVID-concessions in the marketplace,» said Garrett Derderian, director of market intelligence at SERHANT. «In any market slowdown, there are opportunistic buyers, and today’s luxury buyer is extremely savvy and uses incredible amounts of data to make well-informed property-buying decisions.»

The SERHANT. Signature Report shares a name with SERHANT. Signature, the firm’s dedicated sales and marketing services for properties priced $10 million and above.  Across the SERHANT. brokerage, which was founded in September 2020, the Signature division has been the most active in the firm.

«Even in a year as unpredictable as 2020, we continued to witness strong velocity in the luxury market,» said Ryan Serhant, founder and CEO of SERHANT.  «Buyers from around the globe saw opportunity in New York real estate, proving that the world still believes in this amazing city.  The three P’s will always sell: well-priced, good product, right place.»

To view the complete SERHANT. Signature Report, click here.

About SERHANT.:
SERHANT. is the first real estate brokerage designed and reimagined for the marketplace of tomorrow. We grew from the #1 ranked sales team in New York City into a full-service firm that is revolutionizing the traditional real estate model. The company is a multidimensional brokerage, made up of SERHANT. Brokerage and New Development, including SERHANT. Signature, SERHANT. Studios and SERHANT. Ventures and powered by proprietary, internally developed technologies and marketing capabilities, ADX and ID Lab. SERHANT. sits at the intersection of technology, media, entertainment and education with a commitment to amplify success for its business, brokers, employees, developers, clients, sellers, global course members and the industry as a whole. Learn more at https://www.serhant.com/.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/serhant-releases-year-end-report-detailing-new-york-citys-2020-high-end-real-estate-market-301217288.html

SOURCE SERHANT.