Elektron Motors and Electra Vehicles Forge Partnership to Revolutionize Electric Hypersport Cars with Advanced AI/ML Technologies
FRANKFURT AM MAIN, Germany & TURIN, Italy & BOSTON–(BUSINESS WIRE)–In a significant move that sets the stage for the future of electric hypersport vehicles, Elektron Motors GmbH, a pioneer in high-performance electric vehicles, and Electra Vehicles Inc., a leader in AI-ML-driven battery management software solutions, are thrilled to unveil a strategic R&D partnership. This collaboration […]
Rivian Introduces Second Generation R1S, R1T
New Vehicles Feature Advanced Performance, Evolved Tech Platform and Updated Designs, Starting at $69,900 Including a New Rivian Designed and Built Quad Motor Delivering 1,025 Horsepower and 0-60 in Under 2.5 Seconds IRVINE, Calif.–(BUSINESS WIRE)–Today, Rivian introduces the second-generation of its flagship vehicles. The new R1S SUV and R1T pickup have been completely reengineered through […]
Quality Collision Group Announces Acquisition of San Diego-based Philip Thearle’s Autowerks Collision Center
MCKINNEY, Texas–(BUSINESS WIRE)–The nation’s largest OE-focused collision repair company, Quality Collision Group (QCG), is adding yet another high-performing shop to its portfolio with the addition of Philip Thearle’s Autowerks Collision Center of Santee, California. Since 1983, Thearle has operated the brand with a focus on superior quality and ‘collision restoration,’ a term he began using […]
SIXT USA Announces New Car Rental Branch at Tucson International Airport
Tucson International Airport is the second SIXT airport location in Arizona FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–SIXT USA, a subsidiary of Sixt SE – a global leader in premium mobility services – announces the opening of its newest U.S. car rental branch at Located in the TUS Rental Car Center, the new branch offers a premium fleet […]
Daimler Truck North America Partners with Tavant to Launch Best in Class, AI-driven Warranty System
Powered by AI and Advanced Analytics, the new warranty system will enhance customer experience, dealer productivity, and DTNA operations. SANTA CLARA, Calif.–(BUSINESS WIRE)–#SLM—Tavant, a leading provider of Service Lifecycle Management (SLM) solutions, and Daimler Truck North America LLC (DTNA), the largest heavy-duty truck manufacturer in North America and a leading producer of medium-duty trucks and […]
Telenav Chooses Iteris’ ClearData Solution to Enhance Navigation Applications
Telenav, Inc. to leverage Iteris’ enhanced mobility data output, broadening Iteris’ data usage in the enterprise market and enhancing Telenav’s navigation AUSTIN, Texas & SANTA CLARA, Calif.–(BUSINESS WIRE)– ClearData aggregates and validates proprietary and diversely sourced mobility data such as incident, speed and connected vehicle probes and delivers it to public- and private-sector clients via […]
ChargePoint Reports First Quarter Fiscal Year 2025 Financial Results
First quarter fiscal 2025 revenue of $107 million First quarter fiscal 2025 GAAP gross margin of 22% and non-GAAP gross margin of 24% First quarter fiscal 2025 subscription revenue of $33 million representing 27% year over year growth First quarter fiscal 2025 GAAP net loss improved by 10% and non-GAAP Adjusted EBITDA loss improved by […]
Materion Listed Among USA TODAY America’s Climate Leaders 2024
CLEVELAND–(BUSINESS WIRE)–Materion Corporation (NYSE: MTRN) is on USA TODAY’s list of America’s Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list can be viewed on usatoday.com. “Being named one of America’s Climate Leaders is a testament to Materion’s dedication […]
Haig Partners Serves as the Exclusive Sell-Side Advisor on the Sale of Hollywood Kia, Setting a Record for the Highest Price for a Kia Dealership
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)– Under Steve Gutstein’s leadership, who has been a partner and served as general manager since 2019, Hollywood Kia has won numerous awards for sales and service: #2 in the nation with 1,582 new Kia sales through May 2024 #2 in the nation with 4,342 new Kia sales 2023 #2 in the […]
RecovR® and the Canadian Automobile Dealers Association Join Forces to Combat Vehicle Theft and Enhance Dealership Security
PHOENIX & OTTAWA, Ontario–(BUSINESS WIRE)– According to the Insurance Bureau of Canada, in 2023, the cost of insurance claims for replacing stolen vehicles in Canada soared to a record-breaking $1.5 billion, marking the second consecutive year that auto theft claims costs have surpassed $1 billion. In contrast, between 2018 and 2021, auto theft claims costs […]
