Press Releases
18 July 2026
Trusted by 30 Million, Powered by Quality. On July 16, GAC Group hosted the 30 Million Customers Appreciation Event at the GAC manufacturing plant. The event was attended by leaders from Guangdong Province, Guangzhou Municipality, and Panyu District; Fu Bingfeng, Executive Vice President and Secretary-General of the China Association of Automobile Manufacturers; Feng Xingya, Chairman of GAC Group; Xia Xianqing, President of GAC Group; along with other members of the leadership team, industry
Read more...17 July 2026
Liberty Tire Recycling, a portfolio company of I Squared Capital, a leading independent global infrastructure investor, today announced a major expansion of its Gulf Coast operations through the acquisition of All American Tire, Colt Tire Recycling and Genan, Inc. (US subsidiary of Genan A/S). The acquisitions significantly enhance Liberty's rubber recycling capacity, tire collections, and other capabilities across Texas and Louisiana, creating the region's most comprehensive tire rec
Read more...17 July 2026
Trusted by 30 Million, Powered by Quality. On July 16, GAC Group hosted the 30 Million Customers Appreciation Event at the GAC manufacturing plant. The event was attended by leaders from Guangdong Province, Guangzhou Municipality, and Panyu District; Fu Bingfeng, Executive Vice President and Secretary-General of the China Association of Automobile Manufacturers; Feng Xingya, Chairman of GAC Group; Xia Xianqing, President of GAC Group; along with other members of the leadership team, industry
Read more...Dynamic Automotive, Frederick's trusted leader in automotive repair and maintenance, is excited to announce that their newest location is now serving customers in Westminster. Formerly operating as Lee Weller Auto Service on Tuc Road, this new shop will provide the same exceptional automotive repair and maintenance services, powered by the values-driven culture for which Dynamic Automotive has become known. Building on 30 years of proven success in Frederick County, Dynami
Read more...16 July 2026
Dauch Corporation, (NYSE: DCH, LSE: DCH) named top suppliers during its Supplier Day event. The annual event recognizes key suppliers with Supplier of the Year Awards and Supplier Excellence Awards across delivery, quality, launch performance, innovation, and sustainability. "Today's automotive industry requires resilient, innovative, and high-performing suppliers," said David C. Dauch, Chairman and Chief Executive Officer. "As Dauch continues to undergo transform
Read more...Schaeffler, the Motion Technology Company, has been named a recipient of the prestigious General Motors Supplier of the Year award, recognizing the company’s performance as a trusted supplier supporting GM’s continued growth, innovation and customer success. This marks the sixth time Schaeffler has received this award from GM, with this year’s recognition underscoring the company’s contribution across key engine technologies, including valvetrain systems. The
Read more...Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, and Tensor, a pioneer in personal autonomous vehicles, today announced a multi-year strategic partnership to purchase and deploy Tensor autonomous vehicles (“AVs”) on Marti’s mobility platform in cities across Türkiye. Marti currently offers ride-hailing services in 20 cities across Türkiye representing approxi
Read more...10 July 2026
Hyundai Motor America launched its highly anticipated Getaway Summer Sales Event this month, bringing together attractive financing offers, targeted retail incentives and one of the industry's most accessible vehicle lineups. Running through Labor Day weekend, the event combines attractive financing and retail incentives with Hyundai's longstanding strategy in delivering high-quality, accessible vehicles for every stage of life. "At Hyundai, we believe affordability is
Read more...Toyota Motor North America (TMNA) announced it will invest $3.6 billion to expand its San Antonio manufacturing campus with a second vehicle assembly line to support the Tacoma truck. The expansion will create 2,000 new, high-quality jobs and add 2.5 million square feet to Toyota Texas, doubling its size by 2030. TMNA will transition Tacoma production from Toyota Motor Manufacturing Baja California (TMMBC) to the expanded Toyota Texas plant over an approximate four-year period.
Read more...9 July 2026
Hyundai Motor America is partnering with Chamberlain Group, a global leader in intelligent access and monitoring solutions, to bring myQ® Connected Garage technology to Hyundai vehicles. This collaboration allows drivers to monitor and control their garage doors remotely directly from their vehicle's touchscreen display. With Hyundai myQ Connected Garage, drivers gain a new level of convenience and peace of mind. Hyundai owners can verify if their garage door has been left o
Read more...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
Read more...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.
Read more...2 July 2026
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
Read more...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
Read more...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
Read more...