Lithia Motors Announces Move to Virtual-Only Annual Shareholder Meeting for 2020
MEDFORD, Ore.–(BUSINESS WIRE)–Lithia Motors, Inc. (NYSE: LAD) (the “Company”) today announced that due to the emerging public health impact of COVID-19, the Board of Directors has authorized participation via remote communication and moved to a virtual-only format for the Company’s 2020 Annual Meeting of Shareholders (the “Annual Meeting”). As previously announced, the Annual Meeting will […]
Cooper Tire Continues Temporary Plant Closures in Americas
FINDLAY, Ohio–(BUSINESS WIRE)–Cooper Tire & Rubber Company (NYSE: CTB) today announced that its tire manufacturing plants in the United States and Mexico will remain closed for at least another two weeks to protect the health and safety of employees and to respond to market demand that has been impacted by coronavirus. The company will continue […]
Yamaha U.S. Manufacturing Subsidiaries Update Production Status Amid COVID-19 Situation
KENNESAW, Ga.–(BUSINESS WIRE)–Yamaha Motor Corporation, U.S.A.’s U.S.-based manufacturing subsidiaries gave production updates as each entity continues to work to prevent the spread of COVID-19. Actions to be taken by each subsidiary include furloughs, staff reductions, and in cases where regulations and conditions allow, a return to limited production to support essential businesses. All Yamaha U.S.-based […]
Strategy Analytics Announces the Promotion of Top Automotive Analysts
Mark Fitzgerald and Asif Anwar recognized for their continued efforts, while Ian Riches takes over as VP of Automotive Services BOSTON–(BUSINESS WIRE)–Experienced automotive insiders, part of the growing team at Strategy Analytics, explore new opportunities within the company leveraging their years of experience to provide valuable insights and commentary about the changing automotive marketplace. Mark […]
Ford Releases 2020 Proxy Statement, Announces Virtual Annual Meeting Date
Proxy statement has three company proposals and two shareholder proposals Company’s annual meeting to take place online at 8:30 a.m. EDT, Thursday, May 14 Proxy, annual-meeting details viewable at www.shareholder.ford.com > Financials & Filings > Annual Reports & Proxy Statements DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company today published its 2020 proxy statement and announced the date […]
The Presidio Group Hires Stephane Ferri as Principal
SAN FRANCISCO–(BUSINESS WIRE)–The Presidio Group, a leading merchant bank and investment banking advisor in the retail automotive sector, has hired Stephane Ferri as Principal. Ferri’s responsibilities will include a strong focus in technology, M&A, and principal investing activities at Presidio. He will be located in Presidio’s Atlanta office. Prior to joining Presidio, Stephane served as […]
Cummins Takes Actions in Response to COVID-19 Impact
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) provided an update on the actions it is taking in response to the impact of COVID-19. “The impact from the pandemic on the global economy has been sudden and is growing, and it is imperative for us to respond quickly to maintain our strong financial position,” said Tom […]
Carvana to Webcast 2020 Annual Meeting of Stockholders
PHOENIX–(BUSINESS WIRE)–Carvana Co. (NYSE: CVNA) (the “Company”), a leading e-commerce platform for buying and selling used cars, today announced it will hold its Annual Meeting of Stockholders (the “Annual Meeting”) on Tuesday, April 21, 2020 at 8:00 a.m. Pacific Time. The Annual Meeting, which will be held in a virtual format only, will be webcast, […]
EV/AV Report: April 6, 2020
Electric dreams unplugged The current global pandemic is likely to have shattered Tesla’s goal of delivering 500,000 vehicles this year. In 2020’s first quarter, the EV automaker has reported just 88,400 cars worldwide. For comparison, the company delivered more than 110,000 cars in 2019’s fourth quarter. Further, coronavirus fallouts are expected to hit Tesla much […]
Hole-Punch Gone Hyperdrive: Polyvance’s new 6149 Sensor Hole Cutting Kit
Toronto, Ontario — Polyvance recently released a new sensor hold cutting kit, which the company says is capable of achieving a “perfectly round hole.” Polyvance says its new 6149 Sensor Hole Cutting Kit can quickly and easily cut “perfectly round holes” in bumper covers for the installation of parking sensors. The kit includes cutting tools […]
