Faraday Future Announces Plans to Start Production of FF 91 Futurist in March 2023, Outlines Financing Progress and Completion of Product Upgrades
Start of FF 91 Futurist Production Targeted in March 2023 Anticipated start of production of FF 91 Futurist at FF’s manufacturing facility “FF ieFactory California” at the end of March 2023, coming off the assembly line in early April, deliveries to users anticipated to begin April 2023, subject to timely receipt of additional financing and […]
IAA Expands Inspection Services Platform with Undercarriage Images
Worked with major insurance carriers to greatly enhance imaging and improve estimate accuracy WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the launch of undercarriage photo services within its Inspection Services® platform. This enhanced service, developed in collaboration with a variety of insurance customers, helps to […]
Chevron Invests in Carbon Capture and Removal Technology Company, Svante
HOUSTON & VANCOUVER, British Columbia–(BUSINESS WIRE)–Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., and Svante announced that Chevron is the lead investor in Svante’s Series E fundraising round, which raised $318 million that will be used to accelerate the manufacturing of Svante’s carbon capture technology. “We are advancing a full value chain carbon […]
ABC Technologies Holdings Inc. Announces Results from the Election of Directors at its Annual General Meeting of Shareholders
TORONTO–(BUSINESS WIRE)–ABC Technologies Holdings Inc. (TSX:ABCT) (the “Corporation” or “ABC Technologies”), a leading manufacturer and supplier of custom, highly engineered, technical plastics and lightweighting innovations to the North American light vehicle industry, is pleased to announce the results from its Annual General Meeting of Shareholders (the “Meeting”) held on December 15, 2022. By resolution passed […]
Dearborn Public Schools Hailed as Blue Bird’s First Electric Bus Customer in Michigan
District to Launch Pilot Program to Evaluate Electric School Bus Fleet Feasibility MACON, Ga.–(BUSINESS WIRE)–Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has delivered its first electric school bus to Michigan. The state-of-the-art, zero-emission vehicle will serve Dearborn Public Schools and usher in a new era of clean student transportation […]
Dealer Pay Joins CDK Global Partner Program
ST. LOUIS–(BUSINESS WIRE)–Dealer Pay, whose Point-of-Sale solutions provide modern payment acceptance to both auto and truck dealerships, today announced that it has become a participant in the CDK Global Partner Program. As a member of one of the largest third-party partner programs in the industry, DealerPay is now part of a marketplace of applications and […]
Helbiz Company Wheels to Launch Long-Term Rentals in DC
Wheels is launching its monthly long term rental program for its vehicles in Washington, D.C. NEW YORK–(BUSINESS WIRE)–Wheels, a Helbiz (NASDAQ: HLBZ) company and micro-mobility operator with a unique sit-down scooter, is bringing its popular long-term rental option for its device to a new market, Washington, D.C., allowing riders to rent their own sit-down scooter […]
CDK Global Chosen as Exclusive Digital Retailing and Preferred DMS Partner for Hyundai Auto Canada
HOFFMAN ESTATES, Ill.–(BUSINESS WIRE)–#CDKGlobal—CDK Global Inc., a leading automotive retail software provider, has been selected by Hyundai Auto Canada as the exclusive digital retailing partner and one of its preferred technology partners for Dealer Management Systems (DMS) for its dealer network of more than 200 rooftops across Canada. With implementation that started in November, CDK […]
Lendbuzz Secures $135 Million Credit Facility from Regions Bank to Expand Dealership Floor Planning and Consumer Loan Originations
BOSTON–(BUSINESS WIRE)–Lendbuzz, the AI-based fintech company that is revolutionizing the auto finance market, announced today that it closed a $135 million credit facility with Regions Bank. Lendbuzz intends to use the funds to fuel the continued growth of its dealership floor planning portfolio—which doubled with the recent acquisition of Shamrock Finance—and to increase the number […]
Werner Enterprises Selects Samsara’s Connected Operations Cloud to Strengthen Safety and Driver Experience
SAN FRANCISCO–(BUSINESS WIRE)–Samsara Inc. (“Samsara”) (NYSE: IOT) today announced that the Samsara Connected Operations Cloud was selected by Werner Enterprises (Nasdaq: WERN), one of the nation’s largest transportation and logistics companies. Werner leverages Samsara to improve the safety and experience of drivers across its fleet and reduce costs. With more than 8,500 trucks, 27,000 trailers, […]
