Press Releases

Continental has decided to build its first company-owned wind farm near its tire plant in Korbach, in the municipality of Twistetal (Hesse, Germany). It will supply electricity to the tire plant in Korbach (Hesse), which is about eight kilometers away. With this project, the tire manufacturer is diversifying its energy supply, accelerating its transition to renewable energy, improving the plant’s cost competitiveness and reducing its dependence on energy markets. Together with

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Webfleet, Bridgestone’s advanced fleet management solution, has received three industry awards in Italy and Poland, recognising its innovation across fleet management and artificial intelligence, as well as its contribution to road safety. At the sixth edition of the IoMobility Awards 2026 in Italy, held as part of Next Mobility Exhibition alongside Transpotec Logitec, Webfleet was named among the top three companies in the Fleet Management Software & Services category.

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WILsquare Capital, a lower-middle market private equity firm, announced today that its portfolio company, Automotive Color & Supply ("ACS"), has completed the acquisition of Ohio Paint Supply ("OPS"), a distributor of automotive and industrial paint and supply products serving customers throughout Ohio. Terms of the transaction were not disclosed. The acquisition of OPS strengthens ACS's position as a well-known distributor in automotive refinishing and i

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Group 1 Automotive, Inc., a Houston-based automotive retailer with dealerships across the U.S. and U.K., today celebrated the first anniversary of Group 1 Hyundai North Austin, which began operating under a new Hyundai franchise and the Group 1 name on July 1, 2025. The dealership's long-time North Austin location previously operated as Town North Nissan. The North Austin dealership is one of a growing number of U.S. locations aligned under the Group 1 name, giving customers a c

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Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it has acquired the intellectual and digital property associated with the Centric Parts brake brands from First Brands Group through its Chapter 11 bankruptcy process. The transaction was managed through a court-supervised sales process under Section 363 of the U.S. Bankruptcy Code. The transaction was structured without assuming operational liabilities and certain assets were transferred free-and-clear from all liens, cl

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Molex, a global electronics leader and connectivity innovator, announces the expansion of its proven, field-tested HSAutoLink Interconnect portfolio, which has delivered more than 700 million connectors to the automotive industry since 2008. The new Molex HSAutoLink G Connector System provides multi-gig Ethernet connections of up to 25Gbps in a compact, USCAR-compatible interface, making it ideally suited to address escalating bandwidth demands driven by Advanced Driver-Assistance Systems (AD

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Hyundai Translead today announced a new addition to its commercial vehicle dealer network with Tom’s Truck Center in Southern California, expanding availability of the Hyundai XCIENT Fuel Cell truck. As an authorized dealer, Tom’s Truck Center will support the sales, service, and ongoing deployment of the XCIENT Fuel Cell truck, helping fleets to seamlessly integrate hydrogen-powered vehicles into their operations. Serving Southern California since 1949, Tom’s Truc

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The U.S. Tire Manufacturers Association (USTMA), representing manufacturers that produce tires in the United States, today launched National Tire Safety Week 2026, an annual weeklong public education campaign reminding drivers that tires play a critical role in vehicle safety and should be checked regularly as part of routine maintenance. Running June 29 through July 4, this year’s campaign carries the theme “Driving Safety, Full Circle” and kicks off a new USTMA storytellin

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The auto parts aisle just moved into the DoorDash app, and AutoParts.com is the company that made it happen. On June 24, 2026, AutoParts.com brought its catalog of hundreds of thousands of parts live on the DoorDash Marketplace. It is the first time a complete auto-parts catalog has been built natively into DoorDash. "This marks a significant inflection point for the industry", remarked CEO Richard Keller, "for years e-commerce customers would have to wait days or eve

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On June 10, at the opening day of The Tire Cologne 2026, Linglong Tire globally launched its new ultra-high-performance (UHP) tire — SPORT MASTER 2. The event drew over 100 international clients and media representatives, making it one of the most high-profile debuts of the show. Led by Linglong's European technical team, SPORT MASTER 2 was fully tested and will be manufactured at Linglong's European plant — the first overseas production base of a Chinese tire ma

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Hyundai Motor America has named Steven Yandura vice president of national sales, effective today. In this role, Yandura is responsible for all aspects of sales and distribution of Hyundai vehicles in the U.S., including sales strategy, fleet and certified pre-owned operations, dealer relations, market representation, and related activities to drive sales growth and market share. He also oversees Hyundai's seven sales regions and reports to Claudia Márquez, chief operating officer,

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Five Hyundai models were named to Cars.com's 2026 American-Made Auto Index. For a second consecutive year, the Hyundai Santa Fe, Santa Fe Hybrid, IONIQ 5, Tucson and Santa Cruz are each included in Cars.com's annual, independent ranking. The Cars.com American-Made Index evaluates vehicles based on five key criteria: final assembly location, percentage of U.S. and Canadian parts, origin of engines and transmissions, and the number of U.S. manufacturing employees relative to the automak

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The global electric vehicle (EV) charging infrastructure industry is entering a period of rapid expansion as governments, automakers, utilities, and charging network operators intensify investments to support the worldwide transition toward electric mobility. According to a recent market analysis by Grand View Research, the global electric vehicle charging infrastructure market was valued at USD 40.22 billion in 2025 and is projected to reach USD 238.82 billion by 2033, expanding at a compoun

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Residents of St. John's, NL, looking for a more fuel-efficient and environmentally conscious driving experience can now explore a selection of Hybrid Honda models at Steele Honda. Drivers throughout St. John's, NL, who are considering a fuel-efficient and eco-friendly vehicle now have the opportunity to explore an impressive lineup of hybrid Honda models at Steele Honda. With growing interest in reducing fuel costs and environmental impact, hybrid vehicles remain a smart cho

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Wallbox (NYSE: WBX), a leading provider of electric vehicle charging and energy management solutions, today announced the launch of the new Pulsar Pro, the latest evolution of its AC charging portfolio designed to simplify EV charging reimbursement. As EV adoption continues to grow, charging is becoming increasingly distributed across homes, workplaces, depots, shared residential buildings, and fleet environments. This is creating a growing need for simple and accurate reimbursement

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