Cooper Discoverer AT3 LT™ Tire Selected as Original Equipment on Nissan Navara N-TREK Warrior
FINDLAY, Ohio–(BUSINESS WIRE)–Cooper Tire announced today that its Cooper Discoverer AT3 LT™ tire in size LT275/70R17 has been selected as original equipment (OE) on the new Nissan Navara N-TREK Warrior utility vehicle. The tire is distributed through Exclusive Tyres of Australia. Nissan worked with Australian automotive engineering experts, Premcar, to develop and re-engineer the premium […]
Sonic Automotive Pays Off $289 Million of Public Debt
CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive Inc. (“Sonic” or the “Company”) (NYSE: SAH), one of the nation’s largest automotive retailers, completed the early retirement of all $289.3 million principal amount of its unsecured 5.0% Senior Subordinated Notes due 2023 (the “5.0% Notes”) on December 30, 2019. Altogether, in 2019 the Company reduced its total debt by approximately […]
Lithia Schedules Release of Fourth Quarter and Full Year 2019 Results
MEDFORD, Ore.–(BUSINESS WIRE)–Lithia Motors Inc. (NYSE: LAD) announced its fourth quarter and full year 2019 earnings will be released before the market opens on Wednesday, February 12, 2020. A conference call to discuss the earnings results is scheduled for the same day at 10 a.m. EST. How to Participate The conference call may be accessed […]
PPG Reports Fourth Quarter and Full-Year 2019 Financial Results
Fourth quarter net sales of nearly $3.7 billion, approximately 1% higher than the prior year and up about 2% in constant currencies Record fourth quarter reported earnings per diluted share from continuing operations of $1.23 Record adjusted fourth quarter earnings per diluted share from continuing operations of $1.31, up 14% year-over-year aided by strong operating […]
Washington State Moves Closer to Clean Cars with Key Electric Vehicle Bills Advancing in Legislature
Senate passes Zero Emission Vehicle (ZEV) legislation, and a new ground-breaking bill requiring all new vehicles to be electric by 2030 is introduced. OLYMPIA, Wash.–(BUSINESS WIRE)–#ZEVprogram–The Washington State Legislature is moving swiftly to create a cleaner transportation system, with potentially enormous impacts on demand for gasoline, the state’s biggest source of carbon emissions. Today, the […]
Geotab Welcomes New Marketplace Partner: Drivewyze
Drivewyze PreClear enables fleets to bypass weigh stations to help optimize fleet performance SAN DIEGO–(BUSINESS WIRE)–#Drivewyze—Geotab Connect 2020 – Geotab, a global leader in IoT and connected transportation, today announced the availability of the Drivewyze PreClear weigh station bypass service on the Geotab Marketplace. Announced on-stage during Geotab Connect 2020, Drivewyze PreClear seamlessly integrates with […]
Geotab Announces Launch of Integrated General Motors Telematics Solution at Geotab Connect 2020
Geotab Integrated Solution for GM offers complete visibility from within one platform to help meet all fleet connectivity needs SAN DIEGO–(BUSINESS WIRE)–#GM—Geotab Connect 2020 — Geotab, a global leader in IoT and connected transportation, today announced the availability of the Geotab Integrated Solution for General Motors (GM). The solution, which launched at Geotab’s largest Connect […]
Alcoa Corporation Reports Fourth Quarter and Full-Year 2019 Results
Fourth Quarter 2019 Net loss of $303 million, or $1.63 per share Excluding special items, adjusted net loss of $57 million, or $0.31 per share $346 million of adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) excluding special items Revenue of $2.4 billion $262 million cash from operations; free cash flow of $128 million […]