Westlake Financial’s Visorbot is Shaping the Future of Auto Financing
LOS ANGELES–(BUSINESS WIRE)–In the ever-evolving landscape of auto finance, Westlake Financial is setting the pace. Every day Westlake’s Visorbot, a proprietary AI and machine learning tool, astoundingly computes 800,000 applications. In a single month, that amounts to 24 million loan computes. Among these applications, approximately 50,000 contracts are funded each month, representing 0.2% of total […]
ECM Unveils Premium Efficiency, Ultra-light, Next Gen, PCB Stator Pump Motor
The three horsepower, printed circuit board stator, axial flux machine offers a sustainable solution for pump systems via greater power, efficiency, and durability in a smaller package. NEEDHAM, Mass.–(BUSINESS WIRE)–#AxialFlux–Electric motor design and software company, ECM PCB Stator Technology, leveraged its patented printed circuit board stator technology and its proprietary Motor CAD platform, PrintStator, to […]
J.D. Power-GlobalData U.S. Automotive Forecast for July 2023
New-Vehicle Sales up 21.5% in July, Marking Fourth Consecutive Month of Double-Digit Growth TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Total Sales Forecast Total new-vehicle sales for July 2023, including retail and non-retail transactions, are projected to reach 1,320,982 units, a 21.5% increase from July 2022, according to a joint forecast from J.D. Power and GlobalData. Total […]
Tula Technology to Participate in J.P. Morgan Auto Conference
SAN JOSE, Calif.–(BUSINESS WIRE)–#DMD–Tula Technology, Inc., a leader in propulsion efficiency, will present at the J.P. Morgan Auto Conference in New York, N.Y., on Thursday, Aug. 10, at 11:45 a.m. ET. Tula President & Chief Executive Officer R. Scott Bailey will be the speaker. The subject of Bailey’s presentation will be Dynamic Motor Drive (DMD®), […]
Eaton Unveils Industry-First Approach to Simplify and Accelerate Fleet EV Charging, Reducing Installation Time by 40%
EV Charging Busway raises the bar for charging system flexibility and modularity with proven electrical technology PITTSBURGH–(BUSINESS WIRE)–Intelligent power management company Eaton announced a game-changing new approach simplifying electric vehicle (EV) fleet charging by eliminating costly cable runs and major modifications to existing parking and conveyor structures. The overhead EV Charging Busway enables fleets to […]
On Track with Trends: Length of rental drops from 18.1 days to 16.8 days in Q2, Enterprise report says
Toronto, Ontario — New report, same problems—supply chain disruptions and parts and labour shortages have led to slightly longer rental periods for drivers across much of the country, according to Enterprise’s Q2 length of rental report. On a national scale, LOR increased by 0.8 from 16 to 16.8 days in 2023. This rate falls in […]
Crash of the Titans: Debut collision repair competition set for Sept. 23 in Port Coquitlam
Port Coquitlam, British Columbia — An exciting new autobody competition is set to kick off in under two months in Port Coquitlam. Technicians and painters from B.C.’s lower mainland are already preparing for a true Crash of the Titans. The inaugural Crash of the Titans Collision Repair Competition is set to take place at Kirmac […]
Can You Believe This?! Lite-Brite headlights, furry interiors and much more
Toronto, Ontario — It’s Friday, folks! Let’s kick the day off with a laugh. This week we’re featuring talking headlights, mirror-finished cars, big egos—er, big tires—and small cars, plus much more.
Eco-Friendly Event: Simplicity Car Care to host annual Growth Conference in Sept.
Niagara Falls, Ontario — Simplicity Car Care is headed to Niagara Falls this Sept. 15 and 16 as the network hosts its 2023 Growth Conference. The two-day event will feature presentations from industry representatives and speakers internationally recognized. Speakers like Author and past V.P of Disney Magic Kingdom, Dan Cockerell; Sharon Romalho, Past V.P of HR […]
