Press Releases
Noveon Magnetics today announced a multi-year supply agreement with General Motors to deliver rare earth magnets to support a wide range of GM vehicle components. Noveon started production immediately and magnet deliveries began in July 2025. The deal marks another major milestone to building a resilient domestic supply chain to support the future of American automotive manufacturing. "We're proud to be delivering critical rare earth magnets in support of some of America
Read more...Global leading tire company Hankook Tire announced the launch of its SURETIRE PLAN, designed to offer industry-leading warranty protection to Hankook customers. The SURETIRE PLAN includes a 30- to 100-day free trial for Hankook's Ventus, Dynapro, Kinergy, Weatherflex, i*cept, i*pike, and iON lineups, as well as ongoing limited manufacturer, treadwear mileage and road hazard warranty protection. "At Hankook, we recognize the importance of trust and reliability when it comes
Read more...Textron E-Z-GO LLC, a Textron Inc company and a leading designer and manufacturer of golf cars and utility vehicles, announces the latest edition of its renowned RXV golf car for the 2026 model year. Whether it's the two-passenger RXV 2 and four-passenger RXV 4, the 2026 edition is available with electric or gas-powered drivetrains. Electric models include ELiTE series vehicles with a zero-emission, fully electric drivetrain powered by Samsung SDI lithium battery technology, and
Read more...6 August 2025
Fenix Parent LLC, operating as Fenix Parts a prominent recycler and reseller of original equipment manufacturer automotive components, today announced its acquisition of Grade A Auto Parts (“Grade A”), a well-regarded name in the automotive recycling parts sector with a strong presence in the Midwest and Central US. This new partnership strengthens Fenix’s nationwide recycling and distribution infrastructure while adding strong customer support capabilities in a crucial regi
Read more...Group 1 Automotive, Inc., a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced the addition of Mercedes-Benz of Buckhead to its luxury brand portfolio. This high performing dealership, located in Atlanta, Georgia, expands the Company's footprint in the Southeastern U.S. to 29 dealerships. Mercedes-Benz of Buckhead is expected to generate $210 million in annual revenues. Group 1 owns 33 Mercedes-Benz dealerships in the U
Read more...Havis, Inc., a leading global provider of rugged mobility and mounting solutions, proudly announces the release of its latest line of DC Power Supplies, purpose-built to support Panasonic TOUGHBOOK devices in demanding mobile environments. Engineered to convert vehicle power into stable energy, Havis' DC Power Supplies ensure consistent performance and safe charging for Panasonic laptops and tablets used in patrol vehicles and utility fleets. Compatible with a wide ran
Read more...The unveiling ceremony of the Higer Bus Europe Parts Center and the Luxembourg Service Station was held in Luxembourg. Hua Ning, Chinese Ambassador to Luxembourg, and Lex Delles, The Luxembourg Minister of Economy, SMEs, Energy and Tourism attended the ceremony. Thelen, President of the Chamber of Commerce; Sitz, Director of Automotive and Intelligent Transportation at the Ministry of Economy, and representatives of Chinese and Luxembourg companies such as Demy Schandeler and Higer Bus were a
Read more...1 August 2025
BorgWarner has secured a new program for its electric cross differential (eXD) technology for a leading Chinese original equipment manufacturer (OEM) to be used in electric vehicles in China. As the electric vehicle market rapidly evolves, traditional powertrain technologies are transitioning towards advanced electrification solutions to meet increasing performance and safety demands. By dynamically controlling power distribution between the wheels, eXD improves handling and traction capabili
Read more...1 August 2025
Hyundai's IONIQ 5 N has been named the Official Winter EV of New England and Best In-Class Performance Car and the Tucson has also been awarded Best In-Class SUV by the New England Motor Press Association (NEMPA) in their Winter Test evaluation. NEMPA evaluates over 100 vehicles over the course of the winter months each year. Vehicles were evaluated at the drive program by NEMPA members who determined the awarded vehicles by assessing their combination of winter-specific features and opti
Read more...Luminit Inc., a U.S.-based global leader in holographic optics for Automotive, Defense and Industrial applications, today announced a major expansion of its manufacturing operations with the addition of a fourth production facility dedicated to high-volume Holographic Optical Elements (HOEs). The new Roll-to-Roll nano-optics facility is being purpose-built for manufacturing Volume Bragg Grating (VBG) optical film used in a range of applications including windshield displays for vehicles and t
Read more...Octane® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, and American Honda (Honda) announced today that they have partnered to offer financing for non-prime customers in the United States. Effective July 30, non-prime customers can qualify for financing on Honda's full line of motorcycles, scooters, ATVs, and side-by-sides through Octane's in-house lender, Roadrunner Financial®, Inc., while Honda's
Read more...30 July 2025
Lucid Group, Inc. maker of the world's most advanced electric vehicles, today announced it has signed a multi-year partnership with award-winning actor and culture icon, Timothée Chalamet, as its first-ever Global Brand Ambassador. Chalamet was first spotted driving a Lucid Air in 2023, and since then, a relationship has been built rooted in the belief that performance, design, and passion are key to creating exceptional experiences. Later this year, Chalamet will headlin
Read more...30 July 2025
Jake Sodikoff of Steven Nissan, Steven Kia, Steven Toyota and HoneyCar was named one of Automotive News' 40 Under 40. This annual program honors 40 high achievers at new-car dealerships who are under 40 years old. Automotive News received nominations from across the U.S. and identified outstanding performers in a large field of high-quality talent at dealerships. This year's honorees are a diverse group with a broad range of titles and backgrounds. These bright stars w
Read more...29 July 2025
Global IT services and technology company FPT and ATEC, a Japanese automotive software development firm with over 36 years of expertise, have signed a Memorandum of Understanding to establish a strategic partnership aimed at accelerating innovation in the automotive sector and advancing safer, smarter, and more connected mobility. Through this collaboration, FPT and ATEC will co-develop next-generation automotive software solutions and contribute to the sustainable growth of Japan’s aut
Read more...Luxury and Utility Combined: Mercedes-Benz E-Class All-Terrain Available at Mercedes-Benz of Arrowhead Mercedes-Benz of Arrowhead offers the Mercedes-Benz E-Class All-Terrain, a luxury wagon that blends sophisticated comfort with rugged capability. Built for drivers who seek versatility without compromising elegance, the E-Class All-Terrain is a standout addition to the dealership's premier lineup of vehicles. A New Standard for Refined Versatility:
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