Textron to Release First Quarter Results on April 25, 2024
PROVIDENCE, R.I.–(BUSINESS WIRE)–Textron Inc. (NYSE: TXT) will release its first quarter 2024 financial results on Thursday morning, April 25, 2024. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will be available via webcast at www.textron.com or by direct dial at (844) 867-6169 […]
PHINIA Announces Proposed Private Offering of $425,000,000 of Senior Secured Notes Due 2029
AUBURN HILLS, Mich.–(BUSINESS WIRE)–PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN) announced today that it is planning, subject to market and other customary conditions, to offer (the “Offering”) $425 million aggregate principal amount of its senior secured notes due 2029 (the “notes”) in a private offering that is exempt from the registration requirements of the […]
Thin-File Millennial and Gen Z Borrowers Lead in Credit Tier Advancement, Open Lending and TransUnion Research Finds
New data on generational borrowing habits and credit potential reveals Millennials and Gen Zers prioritize automotive loan payments AUSTIN, Texas–(BUSINESS WIRE)– The report underscores the potential value Millennials and Gen Zers can bring lenders, with key findings showing: Millennials and Gen Zers are poised and quick to advance: Data revealed that 30% of Millennial and […]
EV Owners Uninformed of Faster Tire Wear, Leading to Lower Satisfaction, J.D. Power Finds
Michelin Ranks Highest in Three Segments; Falken Ranks Highest in One Segment TROY, Mich.–(BUSINESS WIRE)–The satisfaction gap with original equipment tires between electric vehicles (EVs) and gas-powered vehicles is widening, as EV owners say their tires are wearing faster, according to the J.D. Power 2024 U.S. Original Equipment Tire Customer Satisfaction Study℠, released today. The […]
Efinix Rolls Out Line of FPGAs to Accelerate and Adapt Automotive Designs and Applications
Designed to deliver the power behind the promise of the software defined vehicle, Efinix FPGAs uniquely positioned to drive modern vehicles forward CUPERTINO, Calif.–(BUSINESS WIRE)–Efinix®, an innovator in programmable logic solutions, today announced a line of FPGA solutions designed specifically for the automotive industry to drive forward the long-term design and development of the rapidly […]
Idolizing Independent: Consumer Reports survey shows customers prefer independent shops vs. dealerships for repairs
Toronto, Ontario — A new Consumer Reports survey reveals that customers prefer independent shops over dealerships for automotive repairs. The survey–based on 10,973 responses from Consumer Reports members on 11,670 repairs at 36 auto repair chains, independent shops and dealerships–further revealed that Hyundai, Jeep and Kia scored lowest for overall customer satisfaction. The survey asked […]
Tuesday Ticker: Rivian to pause more production; Magna makes plans for ‘B2B sales platform’
Toronto, Ontario — In this weekly Tuesday Ticker, Rivian reportedly announces more production pauses at manufacturing plants, while Magna and General Motors make plans for an automotive software marketplace. Rumours at Rivian Rivian is reportedly soon pausing production at its Normal, Illinois, manufacturing plant, according to a report from Drive Tesla Canada, which obtained information […]
Marshall’s Move: SATA Canada welcomes Todd Marshall to the role of business development specialist for Ontario market
Toronto, Ontario — SATA Canada has announced that Todd Marshall will work with J.P. Kleniewski as a business development specialist for the Ontario market. In this role, Marshall will support product and business growth for SATA in the Ontario region. According to a recent LinkedIn post made by SATA Canada, Marshall started with the company […]
