Electra Receives Extension from NASDAQ to Resolve Minimum Price Requirement
TORONTO–(BUSINESS WIRE)– The Extension has no immediate effect on the listing or trading of the Company’s common shares (the “Shares”) on the Nasdaq, and the Company’s operations are not affected by the receipt of the Extension. Pursuant to the Extension, the Company has until September 16, 2024 to regain compliance with the Minimum Bid Requirement, […]
Allison Transmission and Yutong Expand Presence in Rwanda
Allison to support continued growth in the region with new authorized service location in Rwanda. INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda. Over the past decade, the companies have collaborated to export transit buses equipped with Allison fully automatic transmissions to […]
Continental Celebrates Expansion of Tire Headquarters Campus in South Carolina with Open House
Significant investment in Fort Mill demonstrates commitment to the community and to employees The new three-story, 90,000 square foot building is designed and constructed to achieve LEED Gold certification The facility incorporates unique character of its surroundings with a work environment that fosters efficient interaction and collaboration, creating a destination for team members in the […]
Ken Garff Automotive Announces Conference Call for Noteholders to Discuss 2023 Financial Results
SALT LAKE CITY–(BUSINESS WIRE)–Ken Garff Automotive, LLC announced that it will host a conference call for current noteholders, prospective qualified institutional purchasers, and the trustee to discuss 2023 financial results at 11 am MT on Thursday, April 4, 2024. Instructions for the conference call will be made available to representatives of the trustee, noteholders, and […]
United States Passenger Vehicle OEM Advanced Driver Assistance Systems R&D Strategies Report 2024-2030 Featuring Ford, General Motors, Hyundai, Nissan, Tesla, and Toyota – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The This study provides an overview of the ADAS and AD strategies that select global OEMs in the United States have adopted. This study examines the technology and business capabilities of the OEMs at the brand, segment, and model levels, and provides a detailed overview of their value chain partnerships, as well as their […]
Insurance Insecurities: One in 10 Ontario drivers have experienced auto insurance fraud claims survey
Toronto, Ontario — A recent survey conducted by InsuranceHotline.com has found that one in 10 Ontario drivers have experienced some form of auto insurance fraud. Specifically, the survey found that nearly 53 percent of respondents believe auto insurance fraud is a serious problem in Ontario, while an additional 24 percent believe that it could be […]
Transforming, Tomorrow, Together: The IBIS USA 2024 conference
Anaheim, California — IBIS USA’s 2024 recent conference in Anaheim, California, brought together members of the collision industry for insightful conversations, innovative solutions to industry challenges and vibrant networking opportunities. “Transforming, Tomorrow, Together,” began with a welcome reception in partnership with Axalta. Wednesday morning kicked off with an introductory presentation from IBIS CEO, Jason Moseley […]
Introducing Apollo: Mercedes-Benz to incorporate humanoid robots in factories
Austin, Texas — On March 15, Apptronik, a leader in next-generation general-purpose robots aimed to simplify work, announced its partnership with Mercedes-Benz to integrate their advanced robots into Mercedes-Benz manufacturing. As part of this collaboration, Mercedes-Benz is introducing Apollo–touted as one of the world’s most advanced commercial humanoid robots–into its manufacturing facilities with the hope […]
EV/AV Report: Electric vehicles overload the system; while self-driving vehicles fall under investigation
Toronto, Ontario — In this weekly electric and autonomous vehicle report, Fraser Institute details the potential infrastructure issues of Canada’s push for electric vehicles (EVs); while Ford’s BlueCruise comes under investigation for a recent crash. Circuitry Constrictions According to a recent study published by the Fraser Institute, to fulfill Ottawa’s current electric vehicle target of […]
Revving Up Recycling At OARA: A Lookback at OARA 2024
Markham, Ontario — This year’s Ontario Automotive Recyclers Association’s (OARA) 2024 conference event took place in Markham, Ontario from March 21st to the 23rd and showed how, when it comes to automotive recycling, community collaboration is at the heart of the industry. The event included everything from networking opportunities to cutting-edge insights on technology and […]
