Carvana, a pioneer in the automotive industry, will continue selling and buying vehicles using the Company’s innovative e-commerce platform as well as its iconic car vending machine located in Oak Brook, Illinois under an agreement reached today with the Illinois Secretary of State. Upon reaching this agreement, the Company issued the following statement: “For the past eight years, we have been an economic engine in the state by providing Illinoisans with an unmat

The Dave Cantin Group, one of the largest automotive industry financial advisory services companies specializing in buy/sell transactions, announced that DCG Acquisitions, one of the leading mergers and acquisitions firms, closed more than $1 billion in total acquisition value for the second consecutive year. This is up over 35% from its 2021 record-breaking year. “The number and more importantly, the valuation of dealership acquisitions in 2022 exceeded our expectations,”

SWTCH Energy , a provider of electric vehicle (EV) charging solutions for multi-unit buildings in North America, today announced its partnership with Bectrol, a Quebec-based charging station integrator EV charging station and supplier of industrial automation, distribution and control panel manufacturing. This announcement marks SWTCH's first major partnership in Quebec and helps increase the number of EV charging infrastructure for tenants of multi-unit residential buildings (MURB

NOVOSENSE Microelectronics a highly robust and reliable analog and mixed-signal IC company, announced today that it is exhibiting at Automotive World 2023, a of the world's leading exhibitions for advanced automotive technologies, from January 25 to 27 in Tokyo, Japan , will present technologies and products for automotive electronic solutions. During the exhibitor seminar on January 27th, a NOVOSENSE engineer will give a presentation on semiconductor solutions for automotive applications

Konect.ai, the leading AI-powered SMS platform for automotive dealerships, and TotalCX (formerly InteractiveTel), a leading provider of AI-driven customer experience management solutions, are excited to announce a strategic partnership and presence at the National Automobile Dealers Association (NADA) show in Dallas on January 27-29, 2023. The partnership is a holistic approach to automation and accountability in auto retail. Konect.ai's platform allows dealerships to manage 2-way

DOST Bikes, a leader in the ebike sector, comes roaring into AIMExpo in Las Vegas with a National Sales Team in place, samples on the road, and full head of steam as it enters the U.S. Powersports sector for 2023. High-performance electric bicycles are one of the most exciting new developments in this sector, providing Powersports dealers with a new type of 2-wheeled, powered vehicle to offer their customers. Ebikes are light enough to carry in a pickup or on an RV to go camping; th

FaZe Holdings Inc.the lifestyle and media platform rooted in gaming and youth culture, and iconic luxury sports car manufacturer Porsche AG announced today a multi-year partnership. Together, Porsche and FaZe Clan will inspire the next generation of gamers to make their dreams a reality through original content, esports initiatives, consumer products and digital goods, all slated for 2023. "FaZe's leadership at the intersection of gaming and youth culture, combined with our

After 40 years of manufacturing* automobiles in the U.S., Honda today marked the 30 million vehicle production milestone at the company's auto manufacturing facilities in Alabama, Georgia, Indiana and Ohio. Honda began production of the Honda Accord at the Marysville Auto Plant (MAP) in Ohio on November 1, 1982, the first Japanese automaker to produce cars in the U.S.  Since that time, Honda has invested $16 billion in Honda manufacturing facilities in the U.S. that support au

Sensata Technologies, today announced the official launch of its new brand, Sensata INSIGHTS, which provides end-to-end IoT solutions for workplace monitoring and assets, supply chain and logistics, and telematics. The IoT market is growing rapidly, and as supply chains are generating more data than ever before, Telematics Service Provider (TSPs) companies and solution providers that enable supply chain visibility to users of commercial vehicle fleets — are being challenged to fi

Renesas Electronics Corporation a premier supplier of advanced semiconductor solutions, announced today a new automotive Intelligent Power Device  that will safely and flexibly control power distribution within vehicles, addressing the requirements of next-generation E/E  architectures. The new RAJ2810024H12HPD is available in the small TO-252-7 package and reduces the mounting area by about 40% compared to the conventional TO-263 package product. In addition, the advanced current d

Vehicle Service Group part of Dover and one of the world's leading automotive equipment companies, announced the launch of the AllOnWall Series, a new wheel aligner concept under the Rotary and Ravaglioli brands in the EMEA region. As part of its AllOnWall Series, VSG has launched two new wheel aligners, the ROT3D2.0WALL by Rotary and the RAV3D2.0WALL by Ravaglioli. "The ROT3D2.0WALL and RAV3D2.0WALL wheel aligners reflect a style revolution for VSG, meeting both

SEA Electric has made the next step in its journey to electrify the world's commercial vehicle fleet, by signing a significant Memorandum of Understanding with MEVCO, a leading systems integrator focused exclusively on electric light commercial vehicles within the mining industry. The partnership will see specialist all-electric Hilux and Landcruiser models made available for the mining industry, with MEVCO making a commitment to order 8,500 units over the next five years.

Italvolt SpA, the company developing Italy's largest independent battery cell factory, today announced that it has entered into a strategic collaboration with StoreDot , a pioneer and global leader in extreme fast charging and high energy density lithium-ion battery technology. Under the terms of the agreement, Italvolt will license StoreDot's Extreme Fast Charging (XFC) technology and intellectual property rights to manufacture XFC lithium-ion batteries at its factory in It

The Royal Purple brand, maker of premium synthetic oils, has launched their newest innovation: Max-Restore High Mileage Fuel Treatment. The Max-Restore product is a highly concentrated, high-performance fuel treatment that is specially formulated to solve performance problems typically found in higher-mileage vehicles. Those issues include reduced fuel economy, increased emissions, engine wear and lost performance.Many older vehicles have reduced fuel economy due to poor combustion, primarily

Wejo Group Limited a global leader in Smart Mobility for Good cloud and software solutions for connected, electric and autonomous vehicle data, today announced a data agreement with Toyota Motor North America. The agreement will allow Wejo to provide personalized connected vehicle data services for participating cloud-connected fleet vehicles in the U.S. It represents an important step towards Wejo’s capture of the estimated $61 billion by 2030 service addressable connected vehicle data