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Garrett Motion Receives Approval for Chapter 11 Disclosure Statement

ROLLE, Switzerland–(BUSINESS WIRE)–Garrett Motion Inc. (“Garrett”) today announced that the U.S. bankruptcy court has approved the disclosure statement in respect of Garrett’s proposed plan of reorganization, which is sponsored by a consortium of investors led by funds managed by Centerbridge Partners, L.P. (“Centerbridge”) and Oaktree Capital Management, L.P. (“Oaktree”) (the “Plan Sponsors”). Garrett has also […]

LCI Industries Appoints Stephanie Mains to Board of Directors

ELKHART, Ind.–(BUSINESS WIRE)–LCI Industries (NYSE: LCII), which, through its wholly-owned subsidiary, Lippert Components, Inc. (“Lippert”), supplies a broad array of highly engineered components for the leading original equipment manufacturers (“OEMs”) in the recreation and transportation product markets, and the related aftermarkets of those industries, today announced the appointment of Stephanie Mains to the Company’s Board […]

AxleHire Helps Establish the First-Ever U.S. Zero Emissions Delivery Zone

AxleHire is uniquely equipped to help cities across the U.S. establish their own ZE delivery zones EMERYVILLE, Calif.–(BUSINESS WIRE)–#FedEx–AxleHire, the leader in logistics innovation for last-mile delivery, uses its unique technology, methods, and services to achieve zero emissions, helping the city of Santa Monica launch and deploy the first-of-its-kind U.S. voluntary zero emissions delivery zone […]

Silvercar by Audi: Corporate & Local Mobility Service Offerings Must Be Better Aligned, Finds Strategy Analytics

Poor UX Reflects on Audi’s Broader Commitment & Expertise to Novel Mobility Services BOSTON–(BUSINESS WIRE)–Strategy Analytics – A new UX evaluation from Strategy Analytics’ In-Vehicle UX (IVX) group has assessed the design and usability of the Silvercar rental service, owned by Audi. Car-based mobility services have proven especially difficult to build, run and sustain in […]

Donaldson Company to Participate in the Bank of America Global Industrials Conference

MINNEAPOLIS–(BUSINESS WIRE)–$DCI #Donaldson–Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced that members of its management team will participate in a fireside chat, and investor meetings, at the Bank of America Global Industrials Conference on Tuesday, March 16. The virtual fireside chat will begin at 1:10 p.m. […]

SpotHero Expands C-Suite to Prepare for Next Phase of Growth

Varvara Alva joins as Chief Financial Officer Larry Kiss, Co-Founder and Chief Technology Officer, is transitioning to Chief Architect Officer Eric Brooke, Vice President of Engineering, is being promoted to Chief Technology Officer Matt DiBari, Vice President of Product, is being promoted to Chief Product Officer CHICAGO–(BUSINESS WIRE)–SpotHero, the digital parking leader in North America, […]

GM Financial Named President’s Volunteer Service Award Winner

Junior Achievement honors employees’ continued commitment; The 7th year company has been recognized FORT WORTH, Texas–(BUSINESS WIRE)–GM Financial has been awarded the U.S. President’s Volunteer Service Award for its commitment to Junior Achievement USA (JA). The company received the award in recognition of its hundreds of employees who volunteered time to JA in support of […]

Auton Achieves Field Trial Success of Its Connected Car Technology

Trial demonstrated ATSC 3.0 mobile reception of streaming services in moving vehicles SEATTLE–(BUSINESS WIRE)–Auton, Inc., the developer of a new mobile broadband solution for connected cars, and WatchTV, an owner and operator of broadcast internet facilities, today jointly announced the successful testing of Auton’s connected car technology as part of its ongoing development efforts to […]

ADDING MULTIMEDIA Damon Motors Raises $30M; Secures $20M in Preorders

Company closes bridge round and bolsters board of directors with Jaques Clariond and Howard Wu VANCOUVER, British Columbia–(BUSINESS WIRE)–Damon Motors today announced it has raised more than $30M in funding, completing a bridge round led by Benevolent Capital, SOL Global Investments, Zirmania, and others. The financing couples with skyrocketing preorder sales that have now reached […]

Tesla Dominating Electric Vehicle Adoption Due to Products and Ecosystem, Not Brand Image or Elon Musk, Latest Escalent Report Shows

EVForward™ DeepDive outlines most appealing attributes of electric vehicle leader’s product lineup among car buyers LIVONIA, Mich.–(BUSINESS WIRE)–Escalent, a top human behavior and analytics firm, today released the latest EVForward™ DeepDive to closely examine electric vehicle (EV) shopper attitudes regarding industry leader Tesla, Inc. The findings challenge common perceptions of the factors that contribute to […]

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