MiX Telematics Reports First Quarter Fiscal 2022 U.S. GAAP Financial Results
First Quarter Highlights: Subscription revenues of $31.1 million Net subscriber additions of 8,800, bringing the total base to over 753,000 subscribers Net income of $3.5...
Quanergy and Agia Solutions Partner to Deliver LiDAR-based Solutions for Security, and Mining markets in Latin America
SUNNYVALE, Calif.–(BUSINESS WIRE)–#AoT—Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced a...
Tech Alert: Navigating Driver Privacy and Safety of Electric Vehicles, Self-Driving Vehicles
ALISO VIEJO, Calif.–(BUSINESS WIRE)–A growing number of connected electric vehicles, as well as the evolution of self driving and automated vehicles are putting a greater...
Hyliion Announces Long-Range Version of Hypertruck ERX™ Targeting Zero-Emission Vehicle Credits
The long-range Hypertruck ERX™ will offer 75 miles of all-electric range and more than 1,000 miles of total range at product launch Increased all-electric range...
Horizon Global to Present Virtually and Host Investor Meetings at Jefferies Virtual Industrials Conference August 4
PLYMOUTH, Mich.–(BUSINESS WIRE)–Horizon Global Corporation (NYSE: HZN) announced today that Terry Gohl, President and Chief Executive Officer, and Dennis Richardville, Chief Financial Officer, will participate...
Murphy USA Inc. Reports Second Quarter 2021 Results
EL DORADO, Ark.–(BUSINESS WIRE)–$MUSA #MurphyUSA–Murphy USA Inc. (NYSE: MUSA), a leading marketer of retail motor fuel products and convenience merchandise, today announced financial results for...
Allison Transmission Announces Second Quarter 2021 Results
Net Sales of $603 million, up 60% year-over-year Net Income of $110 million, 18% of Net Sales, up over 375% year-over-year Adjusted EBITDA of $213...
Ford’s Expectations for Better Full-Year 2021 Operating Results Driven by Strong Order Bank, Improving Semiconductor Supplies
DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE:F) today reported its 2021 second quarter financial results. Click here or visit media.ford.com to view the news release. Visit...
Black & Veatch Guides Point-of-Use Hydrogen Production for Vehicle Fuel Study
Viability of distributed green hydrogen production’s potential in fleet decarbonization key to future of transportation OVERLAND PARK, Kan.–(BUSINESS WIRE)–Artificial Intelligence business Empati has commissioned Black...
Georgetown University to Reveal Study Findings from Chevron and USAID’s Effort to Improve Stability and Prosperity in Nigeria’s Niger Delta Region
Friday, July 30, 2021, Webinar Panel Discussion WASHINGTON–(BUSINESS WIRE)–#NDPI–Georgetown University: When: Friday, July 30, 2021 (9-11 a.m. ET | 8-10 a.m. CT | 2-4 p.m....
Rodo Completes $18 Million Series B Financing Exclusively Advised by The Presidio Group
New investment from auto industry veterans and Kevin Hart’s HartBeat Ventures positions Rodo’s on-demand vehicle marketplace for rapid growth DENVER–(BUSINESS WIRE)–Rodo Inc. (“the Company”), a...
Arcimoto Demonstrates First Driverless FUV, Debuts Production Roadster and Arcimoto Flatbed at FUV and Friends Summer Showcase
The company and partners exhibited new torque vectoring technology that will improve handling for all Arcimoto vehicles via future software update, among many other highlights....
J.D. Power and LMC Automotive Forecast July 2021
Inventory Shortages Cause July Sales Pace to Weaken but Demand Drives Average Transaction Price Above $41,000 for First Time TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Retail...
Binswanger Continues International Industrial Momentum With Sale of 2,600,000 SF of Oradel Industrial Complex in Nuevo Laredo, Mexico
Sold to Mexico-based FINSA, the $145,500,000 Transaction Signals a Shift from California to Texas as a Desired Point of US Entry PHILADELPHIA–(BUSINESS WIRE)–#binswanger–Binswanger Commercial Real...
Former GM Plant Manager Steve Finch Named President of Manufacturing & Community Engagement at Viridi Parente
BUFFALO, N.Y.–(BUSINESS WIRE)–Viridi Parente, Inc., a developer of innovative battery technology that can be safely installed and operated in nearly any environment or location, announced...
Ryder Reports Second Quarter 2021 Results
Second Quarter 2021 GAAP EPS from continuing operations of $2.78 versus a loss of $(1.41) in prior year, reflecting significantly improved results in fleet management...
Kerrigan Advisors Represents Grand Junction Subaru & Grand Junction Volkswagen in Sale
Transaction marks 119th Kerrigan-led dealership sale since 2014 INCLINE VILLAGE, Nev.–(BUSINESS WIRE)–#KerriganAdvisors–Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented...
Fisker to Take Investment Position and Create Strategic Partnership in Allego, a Leading Pan-European Electric Vehicle Charging Network
Fisker to invest $10 million into PIPE supporting the planned merger of Allego with Spartan Acquisition Corp III Pro forma equity value of the merger...
Allego, a Leading Pan-European EV Charging company, to Become a Publicly Traded Company through a Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III
Allego has entered into a definitive agreement with Spartan Acquisition Corp. III (NYSE: SPAQ); upon closing, the combined company will trade on the NYSE under...
Sonic Automotive Acquires Subaru and Volkswagen Franchises, Expanding Its Franchised Dealership Network in the State of Colorado
Grand Junction Subaru Adds An Additional Brand To Sonic’s Portfolio Grand Junction Volkswagen Becomes Sonic’s 3rd Volkswagen Franchise CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive, Inc. (“Sonic” or...
Sonic Automotive Adds Additional Market to Its Growing Echopark Nationwide Distribution Network & Digital Expansion in Pensacola, Florida
The Newly Opened EchoPark Pensacola Delivery Center Offers Consumers a Modern eCommerce Automotive Buying Experience PENSACOLA, Fla.–(BUSINESS WIRE)–Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH),...
Unipol’s Linear Assicurazioni and Cambridge Mobile Telematics Launch Italy’s First Try-Before-You-Buy Auto Insurance Program
BOLOGNA, Italy & CAMBRIDGE, Mass.–(BUSINESS WIRE)–#PAYD—Linear Assicurazioni (Unipol Group’s direct insurance brand) is partnering with Cambridge Mobile Telematics (CMT), bringing together the world’s largest usage-based...
Horizon Global Announces Date for Second Quarter 2021 Results Conference Call
PLYMOUTH, Mich.–(BUSINESS WIRE)–Horizon Global Corporation (NYSE: HZN) announced today that it will host a conference call regarding the Company’s second quarter 2021 results on Tuesday,...
EVgo and the City of Santa Monica Add New Fast Charging Infrastructure
8 New EVgo Fast Chargers Energized in Downtown Santa Monica LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric...
QuantumScape Announces Second Quarter 2021 Financial Results & Posts Shareholder Letter to IR Website
SAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced its...
EVPassport Unveils 5G-Powered EV Charger for Large EV Fleets
EVPassport Participates in 5G Studio, a Collaboration Between Newlab and Verizon, to Pilot 5G EV Chargers for Large EV Fleets at the Brooklyn Navy Yard...
Kyocera Celebrates 50 Years of U.S. Manufacturing
Company’s ceramics are essential to high-tech innovation in communications, computing, medicine, automobiles, space exploration, many other industries SAN DIEGO–(BUSINESS WIRE)–#ceramics–The City of San Diego has...
Kavak Boosts its Global Expansion by Investing US$500 Million in Brazil
The company plans for Brazil to be its biggest operation by December 2021, through the inauguration of the largest vehicle reconditioning center ever built in...
8-Channel ReDriver with Internal Coupling Capacitors from Diodes Incorporated Enhances Signal Quality in High-Speed UPI 2.0 and PCIe 4.0 Interfaces
PLANO, Texas–(BUSINESS WIRE)–Diodes Incorporated (Nasdaq: DIOD) has announced a new addition to its extensive range of linear ReDriver™ ICs. The PI3UPI1608 helps to significantly extend...
Hoover CS Appoints New Board Member
HOUSTON–(BUSINESS WIRE)–Hoover CS, a leading provider of sustainable packaging and fleet management solutions, announced today that Jennifer McIntyre has been named as its newest board...