QuantumScape Reports Fourth Quarter 2023 Business and Financial Results
SAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the fourth quarter of 2023, which ended December 31. The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com, that details fourth-quarter financial results and provides a business update. […]
Cenntro Electric Group Announces Adjourned Second Court Hearing and Revised Scheme Timetable
FREEHOLD, N.J.–(BUSINESS WIRE)– Today, the Supreme Court of New South Wales, Australia (the “Court“) made orders adjourning the second court hearing to approve the Scheme (the “Second Court Hearing“) from February 14, 2024 at 9:15am (Australian Eastern Daylight Time, “AEDT“) to Friday, February 16, 2024 at 9:15am (AEDT) (the “Adjournment“). The Adjournment was sought to […]
Aurora Announces Fourth Quarter 2023 Results
PITTSBURGH–(BUSINESS WIRE)–Aurora Innovation, Inc. (NASDAQ: AUR) today announced its fourth quarter and full year 2023 results. Aurora’s shareholder letter, including its financial results, are available on its investor relations website at “Aurora continues to lead the autonomous trucking industry by executing a strategy centered on technological, commercial and financial progress,” said Chris Urmson, Co-Founder and […]
Announcing Luminar Day: A New Era on April 23, 2024
ORLANDO, Fla.–(BUSINESS WIRE)– In this pivotal moment for the industry, the Luminar Day event will cover Luminar’s Start of Production (SOP) for Volvo Cars, kicking off the first global production vehicle launch with this technology. Volvo’s next-generation vehicle lineup will begin with the EX90, where Luminar is set to be standard worldwide. Additionally, for the […]
Generational Equity Advises Reed Automotive Service in its asset sale to a Private Investment Group
DALLAS–(BUSINESS WIRE)– Founded in 2011, Reed Automotive Service, Inc. (RAS), located in Indianapolis, Indiana, is a holding company of three MIDAS franchises that are premium providers of tire, automotive, and other related services and sales. The Company prides itself on uncompromising integrity and client relationships. Over the past 12 years, RAS has developed a vast […]
Subsidy Scandal: Insurance Bureau of Canada claims Alberta’s ‘safe drivers’ charged auto insurance premiums to subsidize high-risk drivers
Edmonton, Alberta — The Insurance Bureau of Canada (IBC) reports that Alberta’s ‘good’ drivers are being forced to pay auto insurance premiums to subsidize high-risk drivers. Using data from a Deloitte LLP report, the IBC said on Wednesday that it discovered that the province’s worst drivers have been offered subsidized insurance rates for 20 years. […]
Stand Up Speak Out: Parts ordering processes
Toronto, Ontario — There are many factors that contribute to parts ordering preferences—which can vastly differ from shop to shop. Volume, repair versus replace preferences, shop size and availability of storage and more can contribute to an individual business’s decisions regarding just how many parts are kept in-house. Collision Repair mag is gathering anonymous information on […]
Electric Education: Auto Prévention to offer EV safety course via Quebec CPCPA partnership
Quebec City, Quebec — Auto Prévention, an occupational health and safety specialist for Quebec’s automotive industry, has announced a collaboration with the Provincial Council of Automotive Service Industry Party Committees (CPCPA) to launch a new EV safety certificate. To develop the program, Auto Prévention is also in partnership with the province’s joint committees (CPAs) and […]
DRIVING SUSTAINABILITY
Benefits of green recycled auto parts By SARAH PERKINS In the ever-shifting world of collision repair where precision meets expertise and every damaged vehicle presents an opportunity to drive the industry forward, an often-overlooked area is the use of green recycled parts in repairs. While the automotive industry continues to make the push toward a […]
WRECKONOMICS
Canadian repair organizations ranked by the Romans Group The 17th annual whitepaper, A 2022 Profile of the Evolving U.S. and Canadian Collision Repair Marketplace, by the Romans Group LLC, is now available. In this annual report, the Romans Group takes its yearly insights into the U.S. and Canada collision repair marketplaces to establish trend predictions, […]
