Superior Reports Third Quarter 2022 Financial Results
Strong operational execution continues to support financial performance Third Quarter 2022 Financial Highlights: Net Sales increased 31% YoY to $406M Value-Added Sales Adjusted for FX1...
Aeva Expands Globally Amidst Growing Demand for High Performance 4D LiDAR Technology
New Teams Hired in Germany, India and Thailand; Industry Veteran to Lead Sales in Asia Pacific Market MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Aeva® (NYSE: AEVA), a leader...
ITT Reports 2022 Third Quarter Earnings Per Share (EPS) of $1.23, Adjusted EPS Of $1.20
9% revenue growth (15% organic) driven by volume and pricing recovery across all businesses; expect to be at upper end of revenue guidance 7% orders...
Adventure Comes Standard: Ford Pro™ Reveals New 2023 Ford Transit Trail™ Van
Loaded with unique features and capabilities, the new 2023 Ford Transit Trail gives adventure seekers an upfit-ready van straight from the factory Transit Trail is...
Vontier Reports Third Quarter Results and Revises Full-Year 2022 Outlook
GAAP EPS of $0.32; Adjusted EPS of $0.86, up 8% vs prior year Q3 revenues of $788 million, up 3% vs. prior year; Core down...
Bolder Industries Announces Key Partnerships to Launch First E.U. Facility in the Port of Antwerp
Their timely international expansion will help meet the growing demand for sustainable raw materials in tire, rubber, plastics, and chemical manufacturing BOULDER, Colo.–(BUSINESS WIRE)–Bolder Industries,...
Elliptic Labs Announces Åslaug Tveiterås as New VP of People
OSLO, Norway–(BUSINESS WIRE)–#AIVirtualProximitySensor—Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™, is announcing the hiring of...
Horizon Global Announces Date for Third Quarter 2022 Results Conference Call
PLYMOUTH, Mich.–(BUSINESS WIRE)–Horizon Global (NYSE: HZN) announced today that it will host a conference call regarding the Company’s third quarter 2022 results on Wednesday, November...
Ingersoll Rand Reports Record Third-Quarter 2022 Results
Strong Double-Digit Orders and Revenue Growth; Raising Guidance for Organic Growth and Mid-point of Adjusted EBITDA Range Third-Quarter 2022 Highlights (All comparisons against the third-quarter...
Ryder Named One of the Top Companies for Women to Work For in Transportation in 2022
For the fourth consecutive year, Women In Trucking recognizes Ryder’s industry leadership in fostering a more gender-inclusive workforce MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a...
Aurora Announces Third Quarter 2022 Results
PITTSBURGH–(BUSINESS WIRE)–$AUR #aurora–Aurora Innovation, Inc. (NASDAQ: AUR) today announced its third quarter 2022 results. Aurora’s shareholder letter, including its financial results, are available on its...
Fisker Inc. Announces Third Quarter 2022 Financial Results
Q3 2022 operating results consistent with company expectations; full-year total spending guidance at the low end of the $715 million to $790 million range. Magna...
PARTS iD, Inc. to Report Third Quarter 2022 Results on November 9, 2022
CRANBURY, N.J.–(BUSINESS WIRE)–PARTS iD, Inc. (NYSE American: ID) (“PARTS iD” or “Company), the owner and operator of, among other verticals, “CARiD.com,” a leading digital commerce...
EVgo Inc. Reports Third Quarter 2022 Results
Revenue grew to $10.5 million in the third quarter, representing an increase of 70% year-over-year Network throughput reached 12.1 Gigawatt-hours (“GWh”) in the third quarter,...
Quanergy Announces Closing of $16.7 Million Upsized Underwritten Public Offering
SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems, Inc., (NYSE:QNGY) (“Quanergy” or the “Company”) a leading provider of LiDAR sensors and smart 3D solutions, today announced the closing of...
Luminar Achieves Start of Production with SAIC’s Rising Auto; Reports Q3 Financials
Company Beats on Revenue and Earnings ORLANDO, Fla.–(BUSINESS WIRE)–Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced its achievement of the start of production...
Einride Unveils Disruptive Freight Mobility Solutions at November Release Event
At the Einride November Release, Einride visually showcased the grids it aims to power globally through its freight mobility ecosystem The latest hardware product additions...
Microvast and General Motors Selected by the U.S. Department of Energy for a $200 Million Grant
HOUSTON–(BUSINESS WIRE)–A wholly-owned subsidiary of Microvast Holdings, Inc. (NASDAQ: MVST) was selected by the U.S. Department of Energy (DOE) in collaboration with General Motors to...
ElectraMeccanica Announces Upcoming Investor Day
Details to come for investor event taking place in February 2023 VANCOUVER, British Columbia–(BUSINESS WIRE)–ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer...
Survey by Strategy Analytics and Aurora Labs: New revenue streams for OEMs on the rise – Vehicle Software Intelligence is essential to enable deep insights into automotive software behavior
More than 76% of respondents are planning to own an electric vehicle within the next several years 44% would pay up to $20 per month...
Piper Sandler Expands Investment Banking with the Hiring of James Reilly
MINNEAPOLIS–(BUSINESS WIRE)–Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of James (“Jim”) Reilly as a managing director in...
Ford Strengthens Position as America’s No. 2 EV Brand; All-New Super Duty Off to Hot Start – Orders Exceed 50,000 in Five Days; ‘23MY Retail Orders up 134%; F-Series Expands Lead as No. 1 Truck; Bronco Sales Climb 48%
DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE: F) today reported its October 2022 U.S. sales results. Click here or visit media.ford.com to view the news release....
Solera’s Breakthrough Qapter Solution Leads to Success for United Auto
Customers seeing reduced wait times, while appraisers see production boost WESTLAKE, Texas–(BUSINESS WIRE)–The United Automobile Insurance Company is championing a digital-first approach for its customers...
KB Home Launches First Microgrid Communities in California
All-electric, solar- and battery-powered energy-smart connected communities offer greater energy-efficient and resilient new homes. Leading homebuilder in sustainability partners with the U.S. Department of Energy,...
Generational Equity Advises Brian’s Automotive Center in its Sale to GreatWater 360 Auto Care
DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Brian’s Automotive Repair,...
Ford’s Jim Baumbick to Oversee Quality; Armstrong, Rowley, Falotico to Retire; Craig to lead Global Lincoln Business
Jim Baumbick to lead quality, integrated closely with his engineering responsibilities. Stuart Rowley, chief transformation and quality officer, retiring after accomplished 32-year career Joy Falotico,...
Analog Devices and AUO Team Up to Introduce Safe, Power Efficient Widescreen Displays to the Automotive Market
ADI’s industry-first matrix LED driver enables local dimming to enhance the in-cabin experience while improving power and safety WILMINGTON, Mass.–(BUSINESS WIRE)–Analog Devices, Inc. (Nasdaq: ADI)...
holoride’s Cutting Edge In-Car Entertainment Platform Launches for Select Audi Models
By leveraging real-time motion data from the vehicle combined with dynamic content, the Pioneers’ Pack turns cars into mobile theme parks MUNICH–(BUSINESS WIRE)–holoride, pioneer of...
Lightning eMotors Announces Transport Canada Registration, Expanding Commercial EV Presence in Canada
Transport Canada registration makes Lightning vehicles eligible for additional funding through national ZEV incentive programs Lightning continues to grow Canadian EV presence with new customers...
Axis Announces Expansion of its Funding Facilities
TORONTO–(BUSINESS WIRE)–Axis Auto Finance Inc. (“Axis” or the “Company”), (TSX: AXIS) a fintech lender servicing the alternative auto finance market and commercial equipment finance market,...