Press Releases

Press Releases

Magna International Inc. announced today that it has signed a purchase agreement to acquire Telemotive AG, a leading engineering service provider in the field of automotive electronics. Subject to regulatory approval, the transaction is expected to close in the second quarter of 2016. Once complete, Telemotive, with its five German…

Press Releases

Research and Markets has announced the addition of the "Company Analysis of Top 5 Automobile Horn Producers in China 2016" report to their offering. In 2014, the output and sales of automotive industry in China was around 23.72 units and 23.49 units respectively. In this report, the author will disclose…

Press Releases

Genuine Parts Company (NYSE: GPC) announced today that its Board of Directors declared a regular quarterly cash dividend of sixty-five and three-quarter cents ($0.6575) per share on the Company's common stock. The dividend is payable July 1, 2016 to shareholders of record June 3, 2016. About Genuine Parts Company Genuine…

Press Releases

The toughest, smartest, most capable and safest F-150 ever is also the greenest F-150 – thanks to advanced materials like high-strength, military-grade aluminum alloy and EcoBoost® engine technology. Ford recycles as much as 20 million pounds of aluminum stamping scrap per month using the closed-loop system at Dearborn Truck Plant,…

Press Releases

Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:  KAR), and the leading live and live-online salvage auto auction company, has entered into a Memorandum of Understanding (MOU) with the New York State Department of Motor Vehicles (DMV) on February 22, 2016. The Memorandum provides the…

Press Releases

U.S. auto sales will extend their winning streak in 2016 for a seventh consecutive year of increases, reaching a record high before sales begin to retreat in 2017 as interest rates tick higher and pent-up demand eases, according to a new report by TD Economics (www.td.com/economics), an affiliate of TD…

Press Releases

NanoSteel®, a leader in nanostructured steel materials, today announced the delivery of its first advanced high strength steel (AHSS) to General Motors for initial testing. Designed to provide automakers with a new standard in material performance, the sheet steel is poised to accelerate vehicle lightweighting initiatives focused on affordably meeting…

Press Releases

Elio Motors, Inc., the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 MPG with a targeted base price of $6,800, today announced it has established a Pilot Operations Center in Livonia, Mich., for the purpose of assembling its E-Series vehicles. The E-Series vehicles…

Press Releases

Today, BMW Group celebrated the official opening of its newest Vehicle Distribution Center at the Port of Galveston.  BMW's Southern Region is growing rapidly and this new facility will better serve the 45 BMW and MINI dealers within four states (Texas, Oklahoma, Louisiana, and Arkansas) that make up a part…

Press Releases

Spartan Motors, Inc. (NASDAQ: SPAR) ("Spartan" or the "Company"), a leader in the manufacturing of high-quality specialty chassis and vehicle assembly, announced today that the Company held a groundbreaking ceremony to recognize its $5.5 million investment in a new 85,000-square-foot truck assembly plant that will manufacture Isuzu's new F-Series trucks.…