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November 2024

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Tuesday, November 12, 2024

AEye Reports Third Quarter 2024 Results

AEye Reports Third Quarter 2024 Results

PLEASANTON, Calif.--AEye, Inc. , a global leader in adaptive, high performance lidar solutions, today announced its results for the third quarter ended September 30, 2024. Quarterly Business Highlights Apollo met the NVIDIA DRIVE Hyperion specifications, paving way for platform integration Apollo samples shipped to OEM ... Continue reading

Copart, Inc. to Release First Quarter Fiscal 2025 Results

Copart, Inc. to Release First Quarter Fiscal 2025 Results

DALLAS--Copart, Inc. announced today that it will release earnings for the first quarter of fiscal 2025 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, November 21, 2024. On Thursday, November 21, 2024, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the res ... Continue reading

Faster, Leaner, More Efficient: Rivian and Volkswagen Group Announce the Launch of their Joint Venture

Faster, Leaner, More Efficient: Rivian and Volkswagen Group Announce the Launch of their Joint Venture

IRVINE, Calif. & WOLFSBURG, Germany--Rivian Automotive and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create their new joint venture (JV) – “Rivian and VW Group Technology, LLC”, known as Rivian and Volkswagen Group Technologies – with a total deal size of up to $5.8 billion, w ... Continue reading

Group 1 Automotive Board Approves New Share Repurchase Authorization & Declares Quarterly Dividend

Group 1 Automotive Board Approves New Share Repurchase Authorization & Declares Quarterly Dividend

HOUSTON, Nov. 12, 2024 -- Group 1 Automotive, Inc. ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced its board of directors approved a new share repurchase authorization of $500 million, and also declared a quarterly dividend.    Share ... Continue reading

Heartland RV, Cruiser RV & DRV Luxury Suites to Launch New Inventory & Digital Retailing Experience in Partnership with Rollick

Heartland RV, Cruiser RV & DRV Luxury Suites to Launch New Inventory & Digital Retailing Experience in Partnership with Rollick

New experience to include integrated U.S. Bank digital application AUSTIN, Texas, Nov. 12, 2024 -- Rollick, the leading marketing technology provider in the RV industry, announced today at the 2024 RV Dealers Convention/Expo the integration of a new Inventory and Digital Retailing solution into the brand websites of He ... Continue reading

Hyundai Earns 2024 Great Place To Work® Certification

Hyundai Earns 2024 Great Place To Work® Certification

Surveyed Hyundai employees recognize the company as a great place to work FOUNTAIN VALLEY, Calif., Nov. 12, 2024 -- Hyundai Motor America is proud to be Certified™ by Great Place To Work®, for the second year in a row. ... Continue reading

INDIAN MOTORCYCLE LAUNCHES 2025 LINEUP, INTRODUCES NEW SCOUT SIXTY FAMILY & ROADMASTER ELITE

INDIAN MOTORCYCLE LAUNCHES 2025 LINEUP, INTRODUCES NEW SCOUT SIXTY FAMILY & ROADMASTER ELITE

All-New, Three-Model Scout Sixty Lineup Offers Accessible $9,999 Starting Price Point, Features Iconic American Design & Legendary Balance of Power & Control Ultra-Exclusive 2025 Roadmaster Elite Touts Premium, American Craftsmanship, Packed with Rider-Centric Technology & Luxury Comfort MINNEAPOLIS, Nov. 12, 2024 -- ... Continue reading

Lubricants Market to Grow by USD 23.8 Billion (2024-2028), Driven by Rising Demand from End-User Industries, AI-Powered Report Highlights Market Evolution - Technavio

Lubricants Market to Grow by USD 23.8 Billion (2024-2028), Driven by Rising Demand from End-User Industries, AI-Powered Report Highlights Market Evolution - Technavio

NEW YORK, Nov. 12, 2024 -- Report on how AI is redefining market landscape - The global lubricants market size is estimated to grow by USD 23.8 billion from 2024-2028, according to Technavio. ... Continue reading

Lucas Oil Products Announces New Global Headquarters in Indianapolis

Lucas Oil Products Announces New Global Headquarters in Indianapolis

INDIANAPOLIS, Nov. 12, 2024 -- Lucas Oil Products, the world-leading automotive performance product company, is delighted to celebrate the announcement of the relocation of its global headquarters to Indianapolis. ... Continue reading

NASA Johnson Director to Speak at Space Institute Groundbreaking

NASA Johnson Director to Speak at Space Institute Groundbreaking

HOUSTON, Nov. 12, 2024 -- Director Vanessa Wyche of NASA's Johnson Space Center in Houston will join Texas A&M University leaders and guests Friday, Nov. ... Continue reading

Pita Pit USA Unveils Cutting-Edge Drive-Thru Design, Paving the Way for the Future of Fast-Casual Dining

Pita Pit USA Unveils Cutting-Edge Drive-Thru Design, Paving the Way for the Future of Fast-Casual Dining

Esteemed Fast-Casual Franchise Transforms the Customer Experience with Scalable, Tech-Driven Design and Faster, Contactless Service COEUR D'ALENE, Idaho, Nov. 12, 2024 -- Pita Pit USA, a distinguished Mediterranean fast-casual brand specializing in made-to-order pita sandwiches, has announced the launch of its revolut ... Continue reading

Toll Authority to Host Wednesday Webinar On Proposed 2026 Toll Hike, Carpool Policy Changes

Toll Authority to Host Wednesday Webinar On Proposed 2026 Toll Hike, Carpool Policy Changes

SAN FRANCISCO, Nov. 12, 2024 -- The Bay Area Toll Authority (BATA) and the Metropolitan Transportation Commission (MTC) will host a public webinar tomorrow evening, Nov. ... Continue reading

Vroom Announces Equity-for-Debt Recapitalization

Vroom Announces Equity-for-Debt Recapitalization

NEW YORK--Vroom, Inc. , a leading automotive finance company and an AI-powered analytics and digital services platform for automotive retail, today announced that it has made the strategic decision to enter into a Restructuring Support Agreement (RSA) with holders of an overwhelming majority of its outstanding funded d ... Continue reading

Vroom Announces Third Quarter 2024 Results

Vroom Announces Third Quarter 2024 Results

NEW YORK--Vroom, Inc. today announced financial results for the third quarter ended September 30, 2024. HIGHLIGHTS OF THIRD QUARTER 2024 $51.1 million cash and cash equivalents as of September 30, 2024 $32.9 million of liquidity available to UACC under the warehouse credit facilities $(37.7) million net loss from conti ... Continue reading

Audiokinetic's Wwise Automotive enables a new standard for immersive in-car audio in CHANGAN's new NEVO E07 electric vehicle

Audiokinetic's Wwise Automotive enables a new standard for immersive in-car audio in CHANGAN's new NEVO E07 electric vehicle

SHANGHAI, Nov. 13, 2024 - Audiokinetic Inc., the leading provider of cross-platform interactive audio solutions, is proud to announce its contribution to the immersive audio environment of the new NEVO E07 electric vehicle from CHANGAN Automobile, one of the four major automotive groups in China. Continue Reading Audio ... Continue reading

Cox Automotive News November 12, 2024

Cox Automotive News November 12, 2024

Powered By DRiVEQ Last update 11/12/2024 Arrow direction indicates change from previous update. SALES & SERVICE Light vehicle sales in the U.S., including full-year forecasts. ... Continue reading

Faraday Future Reports Financial Results for Third Quarter 2024

Faraday Future Reports Financial Results for Third Quarter 2024

LOS ANGELES--Faraday Future Intelligent Electric Inc. (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its third quarter of 2024. RESULTS FOR THIRD QUARTER 2024 The Company continued its ef ... Continue reading

Autoliv Announces Dividend Increase, Share Repurchase Program Extension, Treasury Shares Retirement, and 2025 Capital Markets Day

Autoliv Announces Dividend Increase, Share Repurchase Program Extension, Treasury Shares Retirement, and 2025 Capital Markets Day

STOCKHOLM, Nov. 11, 2024 -- Autoliv, Inc.  (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced an increase of its quarterly dividend and extension of its current share repurchase program. ... Continue reading

Kun-Era Shined at EICMA! Comprehensive Electric Motorcycle Power Solutions Set a New Trend in Europe

Kun-Era Shined at EICMA! Comprehensive Electric Motorcycle Power Solutions Set a New Trend in Europe

MILAN, Nov. 12, 2024 -- November 5-10th, Ampace debuted its Kun-Era series, a full scenario power solution for electric motorcycles, at the EICMA International Motorcycle Show in Milan, Italy. ... Continue reading

StarCharge Europe bringt die London EV Show in Schwung: Elektrifizierung Ihrer Zukunft mit hochmodernen Lösungen

StarCharge Europe bringt die London EV Show in Schwung: Elektrifizierung Ihrer Zukunft mit hochmodernen Lösungen

FRANKFURT, Deutschland, 12. November 2024 – StarCharge, ein weltweit führender Anbieter von EV-Ladeinfrastruktur- und Microgrid-Lösungen, rüstet sich für die London EV Show (26. ... Continue reading

The Boat Company Announces Exciting New 11-Day Cruise from Sitka to Ketchikan Starting Spring 2025

The Boat Company Announces Exciting New 11-Day Cruise from Sitka to Ketchikan Starting Spring 2025

PONTE VEDRA, Fla., Nov. 12, 2024 -- The Boat Company, renowned for its commitment to sustainable tourism and conservation, is thrilled to unveil its newest adventure: an exclusive 11-day luxury eco-cruise from Sitka to Ketchikan, Alaska. ... Continue reading

Los Angeles Auto Show® Unveils Full Agenda for AutoMobility LA 2024 Featuring Vehicle Debuts, Automotive Innovation, Special Exhibits, and the Best of Global Car Culture

Los Angeles Auto Show® Unveils Full Agenda for AutoMobility LA 2024 Featuring Vehicle Debuts, Automotive Innovation, Special Exhibits, and the Best of Global Car Culture

Premier international automotive event takes place on Thursday, November 21 The Los Angeles Auto Show® (LA Auto Show) has released the full agenda for AutoMobility LA® 2024 (AMLA 2024.). Taking place on Thursday, November 21, AMLA 2024 is LA Auto Show's global press and industry event that hosts thousands of automoti ... Continue reading

Gear Up for Giving: Moran Family of Brands Franchise Locations Host Toys for Tots Drive

Gear Up for Giving: Moran Family of Brands Franchise Locations Host Toys for Tots Drive

Leading Automotive Franchise Encourages Franchisees and Communities to Give Back this Holiday Season ORLAND PARK, Ill., Nov. 12, 2024 - In the spirit of giving, Moran Family of Brands is excited to announce a nationwide holiday toy drive from November 10, 2024 – December 10, 2024. ... Continue reading

Global Sales of 80 Million! AIMA Receives Authoritative Certification from Frost & Sullivan as the "Global Leading Electric Two-wheeler Brand"

Global Sales of 80 Million! AIMA Receives Authoritative Certification from Frost & Sullivan as the "Global Leading Electric Two-wheeler Brand"

TIANJIN, China, Nov. 12, 2024 -- Recently, Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the "Global Leading Electric Two-wheeler Brand (by Sales)". As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, fully ... Continue reading

Jet Linx Enhances Jet Card Member Experience with Complimentary In-Flight Wifi on Super Midsize and Heavy Jet Flights

Jet Linx Enhances Jet Card Member Experience with Complimentary In-Flight Wifi on Super Midsize and Heavy Jet Flights

OMAHA, Neb., Nov. 12, 2024 -- Jet Linx, the preeminent locally-focused Jet Card and Aircraft Management company with a nationwide presence and the third largest managed fleet of private aircraft in the United States, is pleased to announce that complimentary Wifi is now guaranteed for Jet Card Members on all Super Mids ... Continue reading

Joby Announces Beginning of Work on First Dubai Vertiport

Joby Announces Beginning of Work on First Dubai Vertiport

Image Full Size Small Preview Thumbnail Construction has begun on the first vertiport in Joby’s planned Dubai air taxi network, located at Dubai International Airport. Photo: Dubai RTA Construction has begun on the first vertiport in Joby’s planned Dubai air taxi network, located at Dubai International Airport. ... Continue reading

Mothers Against Drunk Driving Expands The MADD Network to Empower Individual Giving and End Impaired Driving

Mothers Against Drunk Driving Expands The MADD Network to Empower Individual Giving and End Impaired Driving

MADD's End-of-Year Campaign Invites Donors Nationwide to Join the Movement and Accelerate Its Vital Mission  IRVING, Texas, Nov. 12, 2024 -- Mothers Against Drunk Driving® (MADD) is expanding The MADD Network, which was launched earlier this year for organization and foundation partnerships, to include individual don ... Continue reading

Motorcar Parts of America Reports Fiscal Second Quarter Results

Motorcar Parts of America Reports Fiscal Second Quarter Results

LOS ANGELES--Motorcar Parts of America, Inc. today reported results for its fiscal 2025 second quarter and six-month period ended September 30, 2024, with a continued favorable full-year outlook supported by record sales and gross profit, and the ongoing benefits of strategic initiatives to further enhance profitabilit ... Continue reading

Blue Yonder Survey: Car Buyers Demand Personalization While Cost and Delivery Speed Remain Key

Blue Yonder Survey: Car Buyers Demand Personalization While Cost and Delivery Speed Remain Key

PDF Blue Yonder's 2024 Automotive Personalization Survey surveyed consumers in the U.S., UK, France and Germany to gather insights on how trends in car personalization, as well as concerns about how interest rates, were impacting their car buying decision. The survey found that car buyers increasingly prioritize person ... Continue reading

2025 Honda Civic SI - Review by Bruce Hotchkiss +VIDEO

2025 Honda Civic SI - Review by Bruce Hotchkiss +VIDEO

Once upon a time a performance car was a 2-door. The number of doors no longer matters. ... Continue reading

2025 Hyundai Tucson XRT AWD - Review by David Colman +VIDEO

2025 Hyundai Tucson XRT AWD - Review by David Colman +VIDEO

I could hardly believe the number showing on my tape measure: 73 inches! That number can't be right. Can I really slide a six foot plus package through the tailgate of this 2025 Hyundai Tucson and still leave enough room to hit the auto-close button on the back door? ... Continue reading

Climate Change? No Matter How You Look At It, ETHANOL IS THE ANSWER!

Climate Change? No Matter How You Look At It, ETHANOL IS THE ANSWER!

More than a decade ago, I began compiling scientific commentary to show that "catastrophic man-made climate change" is not occurring. ... Continue reading

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