Vroom Announces First Quarter 2023 Results
Continued Progress on Long-Term Roadmap Driving GPPU Improvement and Cost Reductions NEW YORK–(BUSINESS WIRE)–Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the first quarter ended March 31, 2023. HIGHLIGHTS OF FIRST QUARTER 2023 VERSUS FOURTH QUARTER 2022 Ecommerce gross profit per unit of $2,552 as […]
Rogers Expanding Power Substrate Capacity in China to Meet Growing EV and Renewable Energy Demand
CHANDLER, Arizona–(BUSINESS WIRE)–Rogers Corporation (NYSE:ROG) (“Rogers”), announced its plan to build a new factory in China to manufacture its curamik® AMB (Active Metal Brazed) and DBC (Direct Bonded Copper) substrates to meet significant demand growth. The first phase of the expansion is slated for completion in 2025. This follows last year’s investment in expanding the […]
Luminar Reports Strong First-Quarter 2023 Business Update and Financials
Revenue Exceeds High End of Guidance; High-Volume Factory Ahead of Guidance; Automakers Expand with Luminar ORLANDO, Fla.–(BUSINESS WIRE)–Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the first quarter of 2023. The company is on track to meet or beat all of its company-level execution […]
New onsemi Hyperlux Image Sensor Family Leads the Way in Next-Generation ADAS to Make Cars Safer
Industry-leading 150dB ultra high dynamic range (HDR) and LED flicker mitigation (LFM) establish Hyperlux™ as a key technology for safety-critical ADAS and autonomous driving (AD) solutions SCOTTSDALE, Ariz.–(BUSINESS WIRE)–onsemi (Nasdaq: The Hyperlux family spans products with resolutions from 3 megapixel (MP) to 8 MP and higher, catering to both sensing and viewing camera applications. With […]
Blue Bird to Report Fiscal 2023 Second Quarter Results on May 11, 2023
Webcast and Conference Call Scheduled for 4:30PM ET MACON, Ga.–(BUSINESS WIRE)–Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release its fiscal 2023 second quarter financial results on May 11, 2023. The public is invited to attend an audio webcast in which Blue Bird executives Matthew Stevenson, President and CEO, […]
Powder to Panes: Snowboarder Shaun White to deliver keynote at Auto Glass Week 2023
Virginia, United States — The professionals of North America’s auto glass industry are due to feel like the champions that they are, and to that end, the organizers of this year’s Auto Glass Week announced Tuesday that three-time Olympic Gold Medal winning snowboarder, Shaun White, will deliver the keynote address this year. The world famous […]
EV Rundown: Electric vehicles add 2.5 days cycle time, six hours labour; rate of repair drops 10 percent, plus more insights from ARC’s EV Roundtable
Toronto, Ontario — The Automotive Recyclers of Canada hosted more than 80 members of the Canadian automotive aftermarket for an in-depth discussion on electric vehicles and how electrification will impact the auto recycling, collision repair and other automotive industries. The event was separated into four parts: Steve Fletcher, managing director of the ARC, welcomed attendees before […]
Cutting the Coupe: Mercedes-Benz to wind down CLS production later this year, reports say
Toronto, Ontario — Reports have been rolling in, alleging that Mercedes-Benz plans to axe its Mercedes-Benz CLS from production later on this year. According to initial reports from Driving.ca, the German automaker is planning to shelf the popular four-door “coupe” at the end of the year, falling in line with many other automakers who have […]
