Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets
Dealership buy/sell transactions increased 6% YoY according to the Annual 2023 Blue Sky Report by Kerrigan Advisors; 680 franchises sold in 2023, an increase of 5.4% compared to 2022, defying broader corporate M&A trends INCLINE VILLAGE, Nev.–(BUSINESS WIRE)– “Despite negative headwinds of higher interest rates and declining profit margins, dealers continued to seek acquisitions, powered […]
Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: Currently Only Tesla, BYD, Leapmotor and Xpeng have Released CTC/CTB Technology – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The Passenger Car CTP, CTC and CTB Integrated Battery Industry Report, 2024 summarizes and studies the status quo of CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) for passenger cars and the layout of OEMs and suppliers in related products, and predicts the future development trends of passenger car […]
Lattice to Advance Functional Safety for Automotive and Industrial Applications
‒ Enhanced Collaboration with NewTec to Focus on Delivering Flexible, Scalable, and Easy-to-Implement Functional Safety Solutions – HILLSBORO, Ore.–(BUSINESS WIRE)– “Delivering innovative, low power FPGA solutions that are scalable, reliable, easy-to-use, and help our customers get to market quickly is a top priority at Lattice,” said Matt Dobrodziej, Corporate Vice President of Segment Marketing and […]
LiveWire Group, Inc. To Report First Quarter 2024 Results on April 25, 2024
Webcast Conference Call Scheduled for 8 a.m. CDT MILWAUKEE–(BUSINESS WIRE)–LiveWire Group, Inc. (NYSE: LVWR) will release its first quarter 2024 financial results before market hours Thursday, April 25, 2024. The public is invited to attend an audio webcast from 8-9 a.m. CDT. LiveWire leadership will be joining the Harley-Davidson, Inc. audio webcast to discuss LiveWire’s […]
Jacksonville Native Dillon Board receives sponsorship from Miller Electric Company for the Korn Ferry Tour
JACKSONVILLE, Fla.–(BUSINESS WIRE)–Miller Electric Company announces their sponsorship of Jacksonville native Dillon Board. Board will compete on the Korn Ferry Tour for the 2024 Season. His dedication, athleticism, and commitment to his hometown of Jacksonville make him an ideal partner for Miller EV Solutions, a division of Miller Electric Company dedicated to expanding and growing […]
Fastco Canada Names Lee Chaplin As New President
MONTREAL–(BUSINESS WIRE)–Fastco Canada, a premier manufacturer and wholesale distributor of wheels, tires, and accessories, today announced the appointment of Lee Chaplin as President, effective May 1, 2024. Lee, who previously served as the organization’s Vice President of Supply Chain, brings a wealth of experience and strategic vision to his new role. Following in the footsteps […]
Maniv Announces Third Early-stage Venture Fund of $140m to Accelerate the Decarbonization and Digitization of Global Transportation
TEL AVIV, Israel & NEW YORK–(BUSINESS WIRE)–Maniv, a global venture capital firm based in Tel Aviv and NYC, today announces the closing of its third fund, an $140m vehicle to invest in Seed and Series A stage startups that brings the firm’s assets under management to nearly $320m. Investing since 2016, Maniv was among the […]
Distracted Driving Fell 4.5% in 2023, Preventing An Estimated 55,000 Crashes and 250 Fatalities
Annual report from Cambridge Mobile Telematics analyzes the factors that led to the first decrease in distracted driving since 2020 on US roads CAMBRIDGE, Mass.–(BUSINESS WIRE)– While a 4.5% reduction in distracted driving over the last year is an improvement, distracted driving is still dangerously high in the United States. For perspective, US drivers are […]
Global Cybersecurity Solutions Provider, eSentire, Launches a New Technology Innovation Center in India
eSentire hires 50 top India-based software engineers to accelerate IP and platform innovation BENGALURU, India–(BUSINESS WIRE)– Low-code orchestration and automation to scale the security expertise of eSentire security analysts in stopping cyberattacks Generative AI to augment investigation and response workflows for both end-users and the eSentire Security Operations Center (SOC) Further development of eSentire Intellectual […]
Ford Updates EV, Hybrid Plans, Readies Manufacturing Plants
Ford continues to invest in a broad set of EV programs as it works to build a full EV line-up. In parallel, Ford is expanding its hybrid electric vehicle offerings. By the end of the decade, the company expects to offer hybrid powertrains across its entire Ford Blue lineup in North America. Equipment installation is […]
