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April 2024

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Tuesday, April 9, 2024

Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets

Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets

INCLINE VILLAGE, Nev.--The auto dealership buy/sell market experienced a record year of buy/sell activity with 397 completed dealership transactions, up 6% compared to 2022, according to the just-released 2023 Blue Sky Report® by Kerrigan Advisors. This activity included the third largest transaction in auto retail hi ... Continue reading

Carrar Raises $5.3 Million to Deliver Commercial Battery Modules for Electric Vehicles that Triple Battery Lifetime

Carrar Raises $5.3 Million to Deliver Commercial Battery Modules for Electric Vehicles that Triple Battery Lifetime

Image Full Size Small Preview Thumbnail Carrar commercial electric vehicle battery module (Photo: Carrar) Carrar commercial electric vehicle battery module (Photo: Carrar) Image Full Size Small Preview Thumbnail Image Full Size Small Preview Thumbnail SHA’AR HANEGEV, Israel--Carrar, a provider of battery modules and ... Continue reading

DronePort Network Announces Strategic Partnership with Vigilant Aerospace to Provide Airspace Management at Drone Ports Across the US

DronePort Network Announces Strategic Partnership with Vigilant Aerospace to Provide Airspace Management at Drone Ports Across the US

Advanced air traffic surveillance, detect-and-avoid and uncrewed traffic management required for growth of autonomous flight OKLAHOMA CITY, April 9, 2024 -- Vigilant Aerospace, a leading developer of detect-and-avoid and airspace management software for uncrewed aircraft systems (UAS or drones), has been announced as ... Continue reading

Eluvio Unveils Next-Gen Content Fabric and New Applications for Premium Live Streaming, PVOD, FAST, and Video Archive Monetization at NAB 2024

Eluvio Unveils Next-Gen Content Fabric and New Applications for Premium Live Streaming, PVOD, FAST, and Video Archive Monetization at NAB 2024

New Casablanca release provides streaming, download and monetization of any digital media content at scale without third-party media clouds or CDNs. Performance is fast, cost-efficient, and tamper-proof. ... Continue reading

EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models

EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models

Image Full Size Small Preview Thumbnail Over 50 EV models are eligible for EVgo's Autocharge+ feature. No tapping, no cards. ... Continue reading

Fenix Parts Completes Acquisition of Neal Auto Parts

Fenix Parts Completes Acquisition of Neal Auto Parts

Image Full Size Small Preview Thumbnail Image Full Size Small Preview Thumbnail Image Small Preview Thumbnail HURST, Texas--Fenix Parent LLC, operating as Fenix Parts (“Fenix Parts” or the “Company”), a leading recycler and reseller of original equipment manufacturer automotive parts, announced today it has com ... Continue reading

Global Automotive Engineering Services Market Projected to Reach $396.45 Billion by 2028: Spotlight on AI Integration and Electric Vehicle Development - Long-term Forecast to 2032 - ResearchAndMarkets.com

Global Automotive Engineering Services Market Projected to Reach $396.45 Billion by 2028: Spotlight on AI Integration and Electric Vehicle Development - Long-term Forecast to 2032 - ResearchAndMarkets.com

DUBLIN--The "Automotive Engineering Services Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering. The global automotive engineering services market is experiencing significant growth, projected to escalate from $242.52 billion in 2023 to an estimated $267.99 billion in 2024, marking a ... Continue reading

Google Cloud and Mercedes-Benz Deepen Partnership to Power New Customer Experiences with AI

Google Cloud and Mercedes-Benz Deepen Partnership to Power New Customer Experiences with AI

Google Cloud AI technologies to propel customer-facing use cases across e-commerce, customer service, and marketing LAS VEGAS, April 9, 2024 -- Cloud Next '24, LAS VEGAS — Google Cloud today announced an expansion of its strategic partnership with Mercedes-Benz, helping the automaker transform key customer experience ... Continue reading

Holley Ordered to Disgorge $2 Million in Ill-Gotten Profits

Holley Ordered to Disgorge $2 Million in Ill-Gotten Profits

WARREN, Mich.--On March 27, 2024, the United States District Court in the Western District of Kentucky (Bowling Green) issued a judgment stating that Holley Performance Products, Inc. SHALL DISGORGE to Specialty Auto Parts U.S.A., Inc. (Warren, MI) the $2,028,264.19 in net profit it derived from its sales of Aluminum U ... Continue reading

Hybrid Truck Market Global Market Report 2024: Last-Mile Delivery Solutions and Regulatory Support and Emission Standards Shaping the Landscape - Long-term Forecast to 2028 and 2033 - ResearchAndMarkets.com

Hybrid Truck Market Global Market Report 2024: Last-Mile Delivery Solutions and Regulatory Support and Emission Standards Shaping the Landscape - Long-term Forecast to 2028 and 2033 - ResearchAndMarkets.com

DUBLIN--The "Hybrid Truck Market Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering. The hybrid truck market has grown strongly in recent years. ... Continue reading

KUMHO TIRE U.S.A. DRIVES THE FUTURE OF ELECTRIC VEHICLES WITH LAUNCH OF TWO ADVANCED TIRE OPTIONS

KUMHO TIRE U.S.A. DRIVES THE FUTURE OF ELECTRIC VEHICLES WITH LAUNCH OF TWO ADVANCED TIRE OPTIONS

Majesty 9 Solus TA91 EV and Crugen HP71 EV added to Kumho Tire's expanding EV tire offerings ATLANTA, April 9, 2024 -- Kumho Tire U.S.A., one of the world's leading tire manufacturers, has introduced two new options in its expanding EV tire lineup: the Majesty 9 Solus TA91 EV and Crugen HP71 EV. Featuring Kumho Tire's ... Continue reading

Octane Redefines Powersports Lending with the Release of Dealer Portal 2.0

Octane Redefines Powersports Lending with the Release of Dealer Portal 2.0

Transformative Upgrades Make the Industry's Fastest, Easiest Financing Platform Even Better NEW YORK, April 9, 2024 -- Octane® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, unveiled Dealer Portal 2.0, a significantly upgraded version of its industry-lead ... Continue reading

Porsche and ClearMotion Announce a Collaboration to Pioneer Next-Generation of Vehicle Dynamics

Porsche and ClearMotion Announce a Collaboration to Pioneer Next-Generation of Vehicle Dynamics

STUTTGART, Germany and BOSTON, April 9, 2024 -- ClearMotion, the leading software-defined chassis company revolutionizing the in-cabin experience, and Porsche AG have signed a collaboration agreement to work together on the future of vehicle dynamics. This collaboration on proactive chassis systems could mark a major s ... Continue reading

Range Energy and Thermo King Collaborate to Advance the Commercial Adoption of Electric Refrigerated Trailers

Range Energy and Thermo King Collaborate to Advance the Commercial Adoption of Electric Refrigerated Trailers

Image Full Size Small Preview Thumbnail Range Energy and Thermo King Collaborate to Advance the Commercial Adoption of Electric Refrigerated Trailers (Photo: Business Wire) Range Energy and Thermo King Collaborate to Advance the Commercial Adoption of Electric Refrigerated Trailers (Photo: Business Wire) Image Full Siz ... Continue reading

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