Advance Auto Parts Announces Increased Quarterly Cash Dividend
RALEIGH, N.C.–(BUSINESS WIRE)–$AAP #AAP–Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, announced that on February 12, 2020, its Board of Directors approved an increase in the Company’s quarterly cash dividend from $0.06 per share to $0.25 per share on the […]
Hyundai and Allison Transmission Partner to Deliver Industry Leading Automatic Experience for the Hyundai “Mighty” Light Duty Truck
SEOUL, South Korea–(BUSINESS WIRE)–Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, is pleased to announce, in partnership with Hyundai Motor Company, the launch of the Allison 1000 xFE™ fully automatic transmission in the 2.5 and 3.5-ton Mighty Light Duty Truck. As the leading truck manufacturer in Korea, with an ever […]
CORRECTING and REPLACING PHOTO Spark Connected and Vega Partner on the 804hp Electric Supercar At The Geneva International Motor Show 2020
GENEVA–(BUSINESS WIRE)–#automotive–Please replace the first photo with the accompanying corrected photo. The release reads: SPARK CONNECTED AND VEGA PARTNER ON THE 804HP ELECTRIC SUPERCAR AT THE GENEVA INTERNATIONAL MOTOR SHOW 2020 Spark Connected, (www.sparkconnected.com) a global leader in developing advanced and innovative wireless power technology and system level solutions, announced today a partnership with Vega […]
GEICO Files Federal RICO Lawsuit in California Against Glass Repairer, Alleging Fraudulent Billing, Fake Invoices
LOS ANGELES–(BUSINESS WIRE)–Following several lawsuits in Arizona and Florida, GEICO has filed a federal lawsuit in California alleging an auto glass repair shop submitted fraudulent glass repair bills. GEICO seeks to recover damages alleging violations of the Civil RICO statute and the California Business and Professional Code as well as claims for common law fraud […]
Oshkosh Defense Receives $407.3 Million Order for Joint Light Tactical Vehicles
OSHKOSH, Wis.–(BUSINESS WIRE)–Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today that the U.S. Army Contracting Command – Detroit Arsenal has placed an order for 1,240 Joint Light Tactical Vehicles (JLTVs) and associated kits. This order includes JLTVs for the U.S. Marine Corps (USMC), Slovenia and Lithuania and kits for the U.S. Army, […]
Local Legends: Edmonton auto shop fixes senior shuttle free-of-charge after catalytic converter theft
Edmonton, Alberta — An Edmonton repair shop saved the day after a catalytic converter was stolen from a local senior centre’s shuttle bus. In January, the catalytic converter was stolen from Dr. Gerald Zetter Care Centre’s shuttle bus and, after the incident created a buzz in the community, Jasper Auto Parts stepped in and offered […]
Canadian Congress: Register for AIA Canada’s National Conference
Toronto, Ontario — Mark your calendars for April 28 and 29, folks—registration for the Automotive Industries Association of Canada’s (AIA) National Conference is now open. This year’s conference will be held at the Delta Hotel at 655 Dixon Rd. in Toronto and aims to equip the industry with information on new trends and technologies, ensuring […]
Chamberlain Change-up: New CEO for Mercedes-Benz Canada
Toronto, Ontario — Adam Chamberlain, the current head of sales for Mercedes-Benz in the United States, will take over as the CEO of the automaker’s Canadian operations on April 1, the company announced Friday. Chamberlain has served as vice president of sales of Mercedes-Benz USA since 2016 and has worked to develop new and used […]
