Pony.ai opens R&D Center in Shenzhen, Broadening the Reach of its Global R&D Sites to Cover all of China’s Tier-1 Cities
Pony.ai also announces partnership with ONTIME, GAC’s ride-hailing app GAC is one of China’s largest automakers and a longtime Pony.ai partner SHENZHEN, China–(BUSINESS WIRE)–Pony.ai, a global leading autonomous driving technology company, announced that it has established a research and development center in Shenzhen, its fifth R&D site globally. It marks the official commencement of a […]
Holley Inc. Announces a New $825 Million Credit Facility
Lowers interest rates and expands capacity for future borrowing BOWLING GREEN, Ky.–(BUSINESS WIRE)–Holley Inc. (NYSE: HLLY), the largest and fastest growing platform in the enthusiast branded performance automotive aftermarket category, today announced the successful refinancing of its 2018 credit facility with a new $825 million credit facility. The new facility is comprised of seven-year $600 […]
Ken Garff Automotive Announces Conference Call for Noteholders to Discuss Q3 2021 Financial Results
SALT LAKE CITY–(BUSINESS WIRE)–Ken Garff Automotive, LLC announced that it will host a conference call for current noteholders, prospective qualified institutional purchasers, and the trustee to discuss Q3 2021 financial results at 11 am MT on Friday, December 3, 2021. Instructions for the conference call will be made available to representatives of the trustee, noteholders, […]
2022 Nissan Altima Pricing Starts at $24,550
QUICK TAKE: New Midnight Edition Package added to SR 2.5L grade Available Intelligent All-Wheel Drive offers all-weather handling and driving confidence Choice of two powertrains – including Nissan’s advanced VC-T variable compression turbo engine Nissan Intelligent Mobility technology includes available ProPILOT Assist1, Apple CarPlay® integration and Android Auto™, and Nissan Safety Shield® 360 and class-exclusive […]
Ford Motor Company Announces Accepted Amounts and Pricing of Cash Tender Offers
DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (“Ford” or the “Company”) announced today the consideration payable in connection with its previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) to purchase its outstanding 9.000% Notes due April 2025, 9.625% Notes due April 2030, 7.45% GlobLS due July 2031, 9.980% Debentures due February […]
CBL Properties and Volta Partner to Bring EV Charging Stations to Select Properties
This partnership underscores CBL’s commitment to sustainability and providing valuable customer amenities CHATTANOOGA, Tenn.–(BUSINESS WIRE)–$CBL–CBL Properties (NYSE: CBL) and Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, have partnered to offer EV charging at select CBL properties. “We’re thrilled to announce this new partnership with Volta to add EV charging […]
Fisker Ocean Wins Inaugural THE ZEVAS Award at LA Auto Show
The Fisker Ocean won an inaugural zero-emission vehicle award, dubbed THE ZEVAS, and chosen in conjunction with the Los Angeles Auto Show and Electrify America. The Fisker Ocean won in the Crossover ($50,000 and below) category. Thousands of car fans voted in the award program. The Fisker Ocean was one of nine THE ZEVAS award […]
Bird Announces Program Extension in Washington, D.C.
Department of Transportation Extends Shared Micromobility Program; Bird to Continue to Meet Demand for Shared Micro Electric Vehicles in the Community LOS ANGELES–(BUSINESS WIRE)–Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced the extension of its service in Washington, D.C. The District Department of Transportation (DDOT) will allow Bird to extend […]
Ford Motor Company Announces Debt Reduction of $7.6 Billion Through Early Results, Upsizing and Settlement Date for Cash Tender Offers and Planned Redemption of its Remaining 8.500% Notes due April 2023
DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (“Ford” or the “Company”) announced today the early tender results and upsizing of its previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) to purchase its outstanding 9.000% Notes due April 2025, 9.625% Notes due April 2030, 7.45% GlobLS due July 2031, 9.980% Debentures due […]
AEye’s Jordan Greene Receives Prestigious Automotive Industry Honor From Informa Tech Automotive Awards
Greene named Automotive Inspiration of the Year, Under 30 DUBLIN, Calif.–(BUSINESS WIRE)–$LIDR #adas–AEye, Inc. (NASDAQ: LIDR) today announced that AEye co-founder and General Manager of Automotive, Jordan Greene has been named Automotive Inspiration of the Year, Under 30 by Informa Tech Automotive. The award recognizes an individual under the age of 30 who has made […]