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Pacific Prime Expands Their Global Operation to Australia

SYDNEY--(BUSINESS WIRE)--Pacific Prime, a leading global health insurance brokerage and employee benefits specialist, has expanded their operation to Australia. This strategic move marks a significant milestone in the company’s journey to further improve healthcare access and offer exceptional employee benefits solutions to clients in the Asia Pacific region. “Joining Pacific Prime and spearheading our expansion in Australia is truly a momentous opportunity,” Michael Atta, Pacific Prime Australia’s Head of Employee Benefits, expressed his enthusiasm about the company entering the Australian market. With over 40 years of experience in the insurance and financial sectors, Atta and his team are dedicated to delivering outstanding solutions that cater to the unique needs of our clients and broker partners under the Regional and Global Pacific Prime proposition. Deputy CEO Pierre de Mirman emphasized that this momentous expansion is in line with the company’s objective. “This pivotal moment aligns seamlessly with our vision for excellence in the industry. We are committed to providing top-notch advice and service in the Asia Pacific region, and now with Australia, we take a logical and exciting step forward.” Pacific Prime’s expansion into Australia assures that more people in the Asia Pacific region are provided with insurance policies tailored to their specific needs. The company remains steadfast in its commitment to delivering unparalleled advice and services to everyone in this ever-changing world. About Pacific Prime Established in 2000, Pacific Prime is an award-winning global insurance brokerage and employee benefits specialist that offers solutions to individuals and corporations. With USD $750 million premium under management, Pacific Prime is now the third largest employee benefits broker in the Asia Pacific region after acquiring CXA Group’s brokerage arms in 2021. The brokerage has over 1,000 employees and 15 offices worldwide including Hong Kong, Singapore, China, Thailand, Malaysia, UAE, the UK, the US, Mexico, and the Philippines. To learn more about Pacific Prime, please visit https://www.pacificprime.com/corporate Contacts Stephen Ho Chief Marketing Officer Pacific Prime +852 3589 0508

General Motors Unveils Plans to Forge Ahead in Korea in 2024 Through an Unprecedented Focus on Customer Experience

On February 2, General Motors hosted its New Year Press Conference at The House of GM, its integrated brand space in Seoul. The automaker highlighted its notable accomplishments in 2023 and outlined its strategic plans for 2024, with a focus on enhancing the customer experience by expanding its brand and product, sales and service, and electric vehicle offerings. This year, GM will introduce two electric vehicles built on the Ultium platform. It will also carry out the strategic positioning of the Chevrolet, Cadillac and GMC brands, launch OnStar safety and connected vehicle service, open the Seoul Service Center and expand ACDelco aftersales parts sales service. GM is dedicated to creating a distinct presence and enhancing its influence in the domestic market, emphasizing the unique and varied experiences that only GM can deliver to customers in all aspects of the business. New Year Press Conference attendees from GM's Korean Operations included President Hector Villarreal and Vehicle Sales, Service and Marketing Vice President Gustavo Colossi. The program began with a video message from Shilpan Amin, GM senior vice president and president of GM International. "Our priority remains to deliver the very best vehicles to our customers,” said Amin. “We believe we have the unique flexibility to meet customer demand and keep pace with the market for both traditional vehicles powered by internal combustion engines and electric vehicles. Last year, the sales of Trax and Trailblazer grew 311% and 82% respectively year over year in the U.S market. This is a testament to the unwavering dedication, exceptional productivity and steadfast commitment to quality competitiveness by our talented team in Korea." He added, "2024 promises to be a year in which GM reaffirms our commitment to the Korean market. We are excited to be introducing new models, showing our ongoing dedication to this crucial part of our global operations." In 2024, GM will bolster its presence in Korea by focusing its foundational strategy on offering a distinct customer experience with three elements: products and brands, sales and service, and electric vehicles. ① Brand and Product Experience  Introduce four new vehicles – the Cadillac LYRIQ, Chevrolet Equinox EV, Cadillac XT4 and Chevrolet Colorado – to offer a unique and diverse product experience  Extend customer engagement through integrated brand spaces including The House of GM and The Village of GM ② Sales and Service Experience  Hold the grand opening of the Seoul Service Center in July  Introduce OnStar global connectivity service in H1  Broaden the scope of ACDelco with an expanded range of aftermarket parts sales service ③ Electric Vehicle Experience  Launch two electric vehicles – the Cadillac LYRIQ and Chevrolet Equinox EV – based on Ultium, GM's dedicated electric vehicle platform  Continue expanding the release of Ultium-based electric vehicles, catering to various segments, purposes and price points in the future "We aim to deliver a distinct and varied product experience exclusive to GM through our Chevrolet, Cadillac and GMC brands, putting the customer at the center of everything we do," said Villarreal. "We plan to strengthen GM’s presence in the fiercely competitive domestic market and meet the needs of those seeking the unique American product experience and new lifestyle that only GM can provide by expanding our comprehensive range of products." "We take pride in offering a diverse range of vehicles that cater to a broad spectrum of preferences backed by excellent safety and outstanding performance," said Colossi. "Whether it's the sleek design and versatility of a Chevrolet, the reliability and robustness of a GMC, or the luxury and innovation of a Cadillac, our vehicle portfolio is meticulously curated to meet the unique preferences of Korean drivers." In 2024, GM will broaden its distinct product and service offerings for Korean consumers through strategic positioning, the introduction of new vehicles, and the provision of new services across the GM, Chevrolet, Cadillac and GMC brands. ① Seoul Service Center, a flagship facility delivering an upscale service experience  Open at Yangpyeong-dong, Seoul, in July with a floor area of 23,556 square meters, four underground floors and eight floors above ground  Offer comprehensive, one-stop service ranging from vehicle maintenance to product experience and purchase  Serve as a hub for premium service with cutting-edge technology, drive-through service, valet assistance and private vehicle delivery  Complement the East Seoul Service Center, which is being upgraded ② OnStar service for an extended digital customer experience  Introducing in H1, with Chevrolet Trax Crossover as the first model to be applied  To be applied to all brands & models that will be launched in the Korean market from H1 in order.  Offer an expanded digital experience, beginning with vehicle diagnostics, remote control services, and wireless over-the-air through the Mobile App ③ ACDelco for an innovative maintenance service experience  Extend parts sales service offerings to include domestic brands, on top of supporting current 13 imported premium vehicle brands  Rapidly expanded the nationwide network of approx. 160 service points since its launch in 2023  Enhance customer access and service by broadening sales channels through e-commerce platforms GM’s Korean Operations achieved a remarkable 76.6% surge in demand in 2023, selling 468,059 complete vehicles. This was driven by a strategic emphasis on popular models such as the Chevrolet Trax Crossover and Trailblazer, which secured the top two spots in Korean domestic passenger car exports for 2023. This year, GM intends to fully utilize its annual production capacity of 500,000 units. Its primary focus will remain sustaining the success of the Trax Crossover and Trailblazer and fostering the sustainable business environment of its facilities.

The new Taycan impresses with a real-world range of up to 587 kilometres

Porsche launches the extensively updated Taycan. The new model variants offer more range as well as shorter and more robust charging processes. During an initial range test from Los Angeles to San Diego and back, pre-series models demonstrated their further improved efficiency. The all-electric sports cars covered up to 587 kilometres on one battery charge on public roads. "For the particularly efficient Taycan sports saloon with the large battery, this practical, final test resulted in a total range of up to 587 kilometres," says the Vice President for the model line Kevin Giek. "A great result. The range test in Southern California impressively demonstrated how efficient the reworked Taycan is. We are continuing to focus on our 'fast travel' strategy for electric mobility: short charging stops paired with high real-world ranges thanks to efficient drives." The range test was carried out under everyday conditions. Twelve international media representatives drove four vehicles on three days on Interstate Highway 405 and 5 between the Southern Californian metropolises of Los Angeles and San Diego. The teams drove at the maximum speed of 75 mph permitted on interstates. This corresponds to around 120 km/h. All four test cars were equipped with the larger Performance Battery Plus. The cars were charged at the Electrify America Charger in Torrance/Los Angeles. Here, the Taycan demonstrated over 300 kW charging power for many minutes and was able to charge from 10 to 80 per cent state of charge several times in well under 20 minutes. The charging performance, charging time and the time it takes to start charging were also greatly improved in this test. Porsche has built almost 150,000 examples of the Taycan since the start of production. The main individual markets for the model are currently the US, the UK, Germany and China. The extensively revised Taycan will be presented in a few days.