Tin Mok Appointed to Faraday Future’s Board of Directors as an Executive Director
LOS ANGELES–(BUSINESS WIRE)–Faraday Future (“FF,” “FFIE,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Mr. Tin Mok, Global Executive Vice President of Global User Ecosystem at Faraday Future, has been appointed to FFIE’s Board of Directors as the executive director effective January 25, 2023. On the same date, […]
Asbury Automotive Group Increases Share Repurchase Authorization to $200 Million
DULUTH, Ga.–(BUSINESS WIRE)–Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., today announced its board of directors increased the Company’s common stock repurchase authorization by $108 million to a total of $200 million. “Our robust cash flow and strong balance sheet, enabled by our […]
Trinseo Announces Fourth Quarter and Full-Year 2022 Expected Results and Goodwill Impairment; Provides Details for Fourth Quarter 2022 Conference Call
Fourth Quarter 2022 Expected Results Net loss from continuing operations of $367 million to $362 million and Adjusted EBITDA* of $4 million to $9 million Net loss includes a pre-tax, non-cash goodwill impairment charge of $297 million related to the PMMA business and Aristech Surfaces reporting units Cash from operations of $32 million to $37 […]
PartsTrader and Infomedia Announce Partnership Streamlining Quoting & Ordering for Toyota and Lexus
This new integration allows dealerships to respond to opportunities from the PartsTrader marketplace directly within Infomedia’s dealership platform Microcat Partsbridge (MPB) and launches the new Auto-Quoting functionality. CHICAGO–(BUSINESS WIRE)–Today PartsTrader announced a partnership and integration with Infomedia that streamlines the quoting and ordering process for Toyota and Lexus dealers by providing dealers with the benefits […]
Vontier Appoints David M. Foulkes to Board of Directors
RALEIGH, N.C.–(BUSINESS WIRE)–Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to the mobility ecosystem, today announced the appointment of David M. Foulkes, to Vontier’s Board of Directors, effective March 1, 2023. “We are extremely pleased to welcome David to our Board,” said Karen Francis, Chair of the Board of Directors […]
Velodyne Lidar Adjourns Special Meeting of Stockholders to February 3, 2023
98% of Votes in Favor of Proposed Merger; 1.3% of Outstanding Shares Required to Approve Merger SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that the Special Meeting of Stockholders (“Special Meeting”) to approve the proposed merger with Ouster, Inc. (NYSE: OUST) and related matters was convened and adjourned without conducting any […]
Carvana to Report Fourth Quarter and Fiscal Year 2022 and Host Quarterly Conference Call on February 23
PHOENIX–(BUSINESS WIRE)–Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its fourth quarter and fiscal year 2022 financial results for the period ended December 31, 2022, following the close of market on Thursday, February 23, 2023. On that day, management will hold a conference call […]
Knight-Swift Transportation Holdings Inc. Announces Results for Fourth Quarter 2022
PHOENIX–(BUSINESS WIRE)–Knight-Swift Transportation Holdings Inc. (NYSE:KNX), one of North America’s largest and most diversified freight transportation companies, has released its earnings for the quarter ended December 31, 2022. The release is currently available on the Knight-Swift investor relations website: https://investor.knight-swift.com/ and will be filed with the SEC on a Form 8-K. The company will hold […]
Mercedes-Benz world’s first automotive company to certify SAE Level 3 system for U.S. market
Mercedes-Benz DRIVE PILOT self-certified in state of Nevada for SAE Level 3 conditionally automated driving DRIVE PILOT available in the U.S. for model year 2024 S-Class and EQS Sedan models, with the first cars delivered to customers in the second half of 2023 CARSON CITY, Nev. & STUTTGART–(BUSINESS WIRE)–Mercedes-Benz is the world’s first automotive company […]
Digital Air Strike Strategically Rebrands to DAS Technology and Acquires 7th Company
Leading Customer Data and Experience Platform (CDXP) company continues enhancing car buying and ownership journey to over 7,800 clients DALLAS–(BUSINESS WIRE)–#autodealers–Digital Air Strike, the largest automotive Customer Data and Experience Platform (CDXP) company, has announced a strategic rebrand to DAS Technology. The new name reflects the company’s expanded CDXP technology solutions and unique capabilities across […]
