Ford Names Lawler Vice Chair With Expanded Ford+ Role; House Joins as Finance VP, to Transition Into CFO Role
John Lawler, CFO and one of the architects of the Ford+ plan, taking on broader responsibilities as vice chair to help lead on future strategy choices, fully leverage partnerships, and liaise with leaders on industry-critical policy around the globe Sherry House joining Ford in June with experience across automotive, tech and startups, with plan to […]
AEye Announces Partnership with Leading Automotive Electronics and Vision Solutions Provider, LITEON
DUBLIN, Calif.–(BUSINESS WIRE)– Matt Fisch, AEye CEO, said, “We believe that LITEON is an ideal partner for us. Their innovative spirit, vast experience in providing solutions to the automotive ADAS market, combined with their cutting-edge industrialization capability will enable us to provide the industry’s leading long-range lidar solutions at a very competitive cost to our […]
Microvast Reports First Quarter 2024 Financial Results
Record company Q1 revenue, increased 73.2% year over year to $81.4 million Gross margin increased from 10.3% to 21.2%, a 10.9 percentage point improvement year over year STAFFORD, Texas–(BUSINESS WIRE)–Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial […]
indie Semiconductor Reports First Quarter 2024 Results
Delivers 29% Year-over-year Top Line Growth to $52.4M with Non-GAAP Gross Margin of 50.3% Guides Q2 2024 Revenue to be flat to up 5% Sequentially with Non-GAAP Gross Margin Expansion Well Positioned for Sustained Above Market Growth Driven by ADAS and User Experience 2H 2024 New Program Ramps ALISO VIEJO, Calif.–(BUSINESS WIRE)–indie Semiconductor, Inc. (Nasdaq: […]
ESAB Corporation Board Declares Increased Dividend
NORTH BETHESDA, Md.–(BUSINESS WIRE)– “We are proud to announce a double-digit increase in our dividend for our second straight year as a public company,” stated Shyam P. Kambeyanda, President and CEO of ESAB Corporation. “The dividend reflects our ability to successfully execute our strategic goals, generate strong cash flow quarter-over-quarter and deliver value to our […]
Best Wishes for Bickford: Fix Network announces Jay Bickford’s retirement from NOVUS Glass
Toronto, Ontario — Fix Network has announced that after 28 years in the industry, Jay Bickford is retiring from his role as NOVUS Glass National Trainer with Human Resources. According to a recent press release, “Jay’s journey with NOVUS Glass first began in the late 1970s. Fast forward to 1991, when he became a NOVUS […]
CNN Speaks on Collision: News outlet shares article explaining collision repair cost, complexities
Washington, D.C., United States — CNN Business shared an article last week that appears to attempt to educate consumers on the complexity and cost of collision repairs on modern vehicles. “Auto body repair was a pretty straightforward business not that long ago. When metal got bent in a crash, someone needed to unbend it,” the […]
Transparency: State of Kentucky introduces law to curb auto glass repair fraud
Kentucky, United States — The U.S. state of Kentucky has announced new laws addressing fraud in the auto glass repair industry. These new laws are aimed at deceptive activities like overcharging, unnecessary repairs and the use of substandard materials while addressing transparency and accountability in the industry. Auto glass providers in the State are prohibited […]
Alberta Strong: Provincial Skills competition sees diverse winners list, all-female podium
Edmonton, Alberta — Last week was a Skills Canada extravaganza as the organization hosted both its Ontario and Alberta Provincial Skills Competition in Toronto and Edmonton, respectively. Skills Alberta announced its winners in a Thursday evening livestream following two days of competition. In the autobody repair, secondary level, Fiona Miller from Central Memorial High School […]
Up For Auction: SUV-sized Radio Flyer red wagon road worthy and ready to roll
Toronto, Ontario — An SUV-sized Radio Flyer red wagon is currently up for auction on the Alaska Premier Auction’s website and has been custom-modified to reflect its namesake. The vehicle is a 2010 model year and has a total of 57,238 miles in mileage. According to the auction description, “the vehicle was built over 11 […]
