Charged, Connected, Covered: Autel Energy supports its partners by successfully deploying its MaxiChargers across the globe, accelerating global electrification and the clean energy transition
SHENZHEN, China–(BUSINESS WIRE)– Autel Energy deployed its state-of-the-art MaxiChargers through its partners in each of these regions. The MaxiChargers installed at partner sites include the AC Ultra and DC Fast, providing electric vehicle drivers with fast and reliable EV charging. These sites have provided valuable opportunities for customers to witness and experience Autel’s seamless charging […]
Laser Photonics Highlights Drivetrain Cleaning Capabilities of its CleanTech Laser System
ORLANDO, Fla.–(BUSINESS WIRE)–Laser Photonics Corporation (NASDAQ: LASE), a leading global industrial developer of CleanTech laser systems for laser cleaning and other material applications, highlights key applications for its laser cleaning systems. “Our CleanTech laser systems are an incredible fit for the automotive industry and continue to be utilized for various applications by professionals in the […]
Open Lending CRO Matt Roe to Speak on Auto Lending Opportunities at CU Leadership Convention
Lending enablement expert to give talk on $270 billion opportunity for credit unions. AUSTIN, Texas–(BUSINESS WIRE)– Roe’s presentation will focus on the opportunity for credit unions to offer auto loans to underserved near-prime and non-prime borrowers, a market sector estimated at $270 billion annually. Amid increased liquidity constraints, heightened regulations, and shrinking profit margins, Roe […]
KBRA Assigns Preliminary Ratings to Foursight Capital Automobile Receivables Trust 2023-2
NEW YORK–(BUSINESS WIRE)– FCRT 2023-2 represents the fourteenth rated term ABS securitization for Foursight Capital LLC (“Foursight” or the “Company”). This transaction will be collateralized by approximately $208.44 million of mostly near-prime automobile loans secured by new and used vehicles. As of the June 30, 2023 statistical cutoff date, the weighted average credit score, interest […]
Green Plains Partners Announces Quarterly Distribution
OMAHA, Neb.–(BUSINESS WIRE)–Green Plains Partners LP (NASDAQ:GPP) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.455 per unit on all of its outstanding common units for the second quarter of 2023, or $1.82 per unit on an annualized basis. The distribution is payable on August 11, […]
Welcomes of the Week: Volvo and Dilawri open Volvo Cars Richmond; first VRSE in North America
Richmond, British Columbia — Southern British Columbia is now the site of one of Volvo’s most advanced facilities, as the Swedish automaker, alongside the Dilawri automotive group, announced the opening of North America’s first Volvo Retail Sustainable Experience (VRSE) facility. Formerly Volvo of Vancouver, this 20,383.4 square-foot Richmond, B.C. dealership received a major facelift in […]
A Kart of History: Miniature Model T up for auction in Florida
Toronto, Ontario — To convince a grown adult that their casual neighbourhood-cruising vehicle should be a go-kart might be a tough sell to anyone but a certain bespectacled “Trailer Park Boy”—however, a kart designed like a Model T may just be the exception. In one of the rare cases where a top hat would actually […]
Sales Stresses: Bodyshop revenue lagging in overall dealer performance, CADA report says
Toronto, Ontario — The Canadian Automobile Dealers Association (CADA) published its first ever data report on Thursday, recapping what it called a “tumultuous” 2022 for Canadian auto dealers. In spite of this gloomy outlook, CADA reported that average total sales per dealership was up 20.6 percent from 2021, the bulk of which is made up […]
‘Til Next Time: A recap on Driven Brands’ combined Canadian conference
Montreal, Quebec — Driven Brands held its first ever inaugural conference, where hundreds of the company’s industry partners and franchisees gathered for a week of EVOLUTION-themed content and plenty of time for networking. Check out our highlights from the event—both photo and video coverage.
EV/AV Report: Innovative education and a hydrogen-powered airport
Toronto, Ontario — A B.C. trades school is preparing to build a $290 million EV “innovation centre”, Edmonton’s airport elects to harness hydrogen and Nissan becomes the first Japanese OEM to embrace the NACS charging port. This is the latest in electric and autonomous vehicles. Electric vehicle epicentre Vancouver Community College (VCC) is quickly becoming […]
