Copart Reports First Quarter Fiscal 2021 Financial Results
DALLAS–(BUSINESS WIRE)–#CopartEarnings–Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended October 31, 2020. For the three months ended October 31, 2020, revenue, gross profit, and net income were $592.9 million, $296.8 million, and $200.3 million, respectively. These represent an increase in revenue of $38.5 million, or 6.9%; an increase in gross profit […]
Landi Renzo USA Secures CARB Certification for the Heavy Duty 7.3L CNG/RNG Engine
The ecomobility revolution includes F-450/550, F-650/750, F-53/59 and E-450 TORRANCE, Calif.–(BUSINESS WIRE)–#CARBcertification–Landi Renzo, the American subsidiary of Landi Renzo Group, the global leader in eco-fuel advanced systems for the automotive industry received California Air Resources Board (CARB) Certification for the Heavy Duty Ford CNG/RNG 7.3L engine, which covers Class 4-7 vehicles. “This accomplishment is a […]
Caliber Positions for Next Phase of Growth Announces Internal Promotions
Mark Sanders to CEO – Steve Grimshaw to Full Time Executive Chairman LEWISVILLE, Texas–(BUSINESS WIRE)–Caliber, the most trusted automotive service provider of choice in every community they serve, is pleased to announce that Caliber’s current President and Chief Operating Officer, Mark Sanders, will succeed longtime CEO Steve Grimshaw effective January 1, 2021. Steve Grimshaw will […]
Fewer Drivers on the Road Does Not Equal Fewer Cars in the Driveway, PEMCO Poll Finds
Local residents’ predictions of going car-free don’t come to fruition SEATTLE–(BUSINESS WIRE)–Without commutes to work and school, and fewer reasons to leave the house, nearly two-thirds of Northwest drivers say that they’re driving less due to COVID-19. But according to the latest poll from PEMCO Mutual Insurance, that doesn’t mean residents here are prepared to […]
Canada Drives Named One of Canada’s Enterprise Fast 15 in Deloitte’s Technology Fast 50™ Awards
VANCOUVER, British Columbia–(BUSINESS WIRE)–Canada Drives has been presented with an Enterprise Fast 15 award in recognition of its technological innovation, entrepreneurship, and rapid growth. The Enterprise Fast 15 leadership category is part of the Technology Fast 50™ program and recognizes the fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four […]
Sierra Wireless Completes Divestiture of Automotive Embedded Module Product Line
VANCOUVER, British Columbia–(BUSINESS WIRE)–Sierra Wireless (NASDAQ: SWIR) (TSX: SW) (the “Company” or “Sierra Wireless”), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced it has completed the previously announced sale of its Shenzhen, China-based automotive embedded module product line to Rolling Wireless (H.K.) […]
The Presidio Group Advises on the Sale of Nalley Ford Sandy Springs
A growing dealership group acquires its first Ford franchise ATLANTA–(BUSINESS WIRE)–The Presidio Group LLC (“Presidio”), a leading investment bank specializing in retail automotive and related M&A transactions, exclusively represented Asbury Automotive Group (NYSE:ABG) in the sale of Nalley Ford Sandy Springs in the Atlanta, GA area to the Jim Ellis Automotive Group. “Asbury was pleased […]
GEICO Virtual Career Fair Aims to Fill 2,000 Positions Countrywide
CHEVY CHASE, Md.–(BUSINESS WIRE)–GEICO is hosting a Virtual Career Fair on Tuesday, Nov. 24, 2020, from 11 a.m. to 2 p.m. (EST). GEICO—where 33% of the associate population received promotions in 2019—is hiring 2,000 associates between now and March, and the Virtual Career Fair will be an opportunity for career-seekers to learn more about the […]
Kerrigan Advisors Represents Sterling Motorcars in Sale to Lithia Motors
Lithia Motors acquires Sterling Motorcars luxury brand dealerships, including BMW, MINI, Rolls-Royce Motor Cars, Lamborghini and McLaren in the Washington DC market; marks 5th multi-dealership sale for Kerrigan Advisors in 2020 INCLINE VILLAGE, Nev.–(BUSINESS WIRE)–#kerriganadvisors–Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Northern Virginia-based Sterling Motorcars on […]
Fortistar Welcomes Former Bessemer Executive Charles D. Bryceland as Managing Director
Bryceland brings nearly 30 years of banking, investment and asset management experience to increase the firm’s efforts in mobility, carbon capture and the circular economy WHITE PLAINS, N.Y.–(BUSINESS WIRE)–#CNG–Fortistar, a privately-owned investment firm that invests in, grows and manages companies that address complex sustainability challenges, today announced that Charles D. Bryceland has joined the company […]