Press Releases
16 July 2024
Hyundai today released a summary of changes to its lineup for the 2025 model year. Hyundai Motor America . About Hyundai Motor: Hyundai Motor America offers U.S
Read more...FullSpeed Automotive®, one of the nation's largest franchisors and operators of automotive aftermarket repair facilities, home to flagship brands Grease Monkey®, SpeeDee Oil Change & Auto Service®, and Kwik Kar®, recently appointed Harry T. Jenkins, IV, as the new President of Retail Operations. Jenkins brings a wealth of experience and knowledge from his decades-long career in the automotive industry. His portfolio spans from several management positio
Read more...Constellium SE (NYSE: CSTM) announced today the successful completion of its first industrial-scale hydrogen casting at C-TEC, Constellium's primary R&D center. This casting was performed in a 12-ton furnace following strict internal procedures. Quality monitoring, including the use of Batscan™ technology, an inclusion detection tool for molten aluminium, was conducted and no quality impact from hydrogen combustion on the metal was observed. "We are thrilled to an
Read more...Recently, the renowned European e-bike brand Muon showcased its full lineup of cutting-edge smart e-bikes at Eurobike 2024. The featured models included commuter, urban-style, and lightweight gravel e-bikes. As a rapidly growing brand, Muon highlighted its expertise and innovative spirit to industry professionals and distributors alike at this premier event. Eurobike, the world's leading bicycle trade show, annually attracts global bike traders and visitors to discuss the latest
Read more...12 July 2024
Blue Bird Corporation, the leader in electric and low-emission school buses, announced today that it has been selected to receive an $80 million grant from the U.S. Department of Energy (DOE) to expand the company’s electric vehicle manufacturing capabilities and related workforce development efforts. The award selection is subject to final contract and funding negotiations between the DOE and Blue Bird, which could take up to 120 days to conclude. The DOE funding is part of t
Read more...Tata Elxsi, the leading global design and technology services company, and global automation company Emerson, today announced the inauguration of the Tata Elxsi + NI Mobility Innovation Centre (TENMIC) in Bengaluru. This state-of-the-art centre aims to accelerate automotive innovation with cutting-edge systems, software solutions, and global automotive expertise. The automotive industry is rapidly evolving, with the advent of softwa
Read more...Nearly 2 million vehicles are back on U.S. roads after they were involved in an accident where an airbag deployed over the last 2 years, CARFAX data shows. Each of those vehicles represents an opportunity for a scammer to install a counterfeit airbag as a replacement. Those counterfeit airbags put owners at risk, according to the National Highway Traffic Safety Administration (NHTSA). Although instances of that happening are believed to be rare, law enforcement officials agree that
Read more...Genesis Motor America today announced its official automotive partnership with the MICHELIN Guide, the premier dining guide for unforgettable gastronomy experiences, in the United States. Genesis' year-long partnership with the MICHELIN Guide includes a one-of-a-kind content series utilizing the brand's flagship space, Genesis House, which was added to the MICHELIN Guide's New York City Guide in 2023. The content series includes programming focused on ex
Read more...“DigniFi is grateful for the increased commitment from Brigade Capital and the recently closed warehouse facility with Encina Lender Finance. We look forward to both organizations being strategic partners to DigniFi,” said Neeraj Mehta, CEO of DigniFi. DigniFi has built its reputation by offering access to innovative financing solutions for vehicle repair and maintenance services. Through its proprietary platform, DigniFi empowers customers with convenie
Read more...10 July 2024
Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has reached an agreement to sell five all-electric Class 4 Bollinger B4 commercial trucks to Spencer Manufacturing, which will upfit the vehicles into emergency rescue trucks. Spencer Manufacturing is a specialty upfitter of rescue vehicles and fire trucks, including ladder, pumper, tanker, and grass/wildland trucks. The company has a national sa
Read more...FPT Industrial, the Iveco Group brand dedicated to the design, production, and sale of low-environmental impact powertrains, will travel to Hanover to attend IAA TRANSPORTATION 2024, the world’s leading trade show for logistics, commercial vehicles, buses and the transportation industry, which will take place from September 17 to September 22, 2024, at the Deutsche Messe AG venue. As a world leader in on-road and industrial applications, FPT Industrial wants to harness its par
Read more...J.F. Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce the successful closing of a single-asset continuation vehicle for PURIS ("PURIS" or the J.F. Lehman & Company, a leading water infrastructure solutions provider. Apollo's Sponsor & Secondary Solutions platform ("Apollo S3") acted as lead investor. Ot
Read more...9 July 2024
Goodix Technology today unveiled its Continuous Glucose Monitoring (CGM) solutions and automotive-grade Bluetooth LE SoC at the electronica China 2024. Demonstrating a dedication to innovation in sensing and wireless technology, Goodix showcased its latest offerings and commercial accomplishments, further driving the adoption of emerging applications in the healthcare and automotive electronics sectors. One-Stop CGM Solutions for More Convenient Health Management
Read more...8 July 2024
LG Electronics (LG) has been honored at the Volkswagen Group Award 2024, which took place in Wolfsburg, Germany, on July 2. LG was recognized by the Volkswagen Group, one of the world's premier automakers, in the 'Partnership' category for its outstanding development, manufacture, and supply chain management of mobility technologies and solutions, including in-vehicle infotainment systems and connectivity products. The award highlights LG's unwavering commitment to excellence
Read more...Reflecting the company’s continued focus on quality and customer satisfaction, Nissan rose an impressive seven ranking positions in the J.D. Power 2024 U.S. Initial Quality StudySM In this year’s study, Nissan Motor Co. improved from 13th to 6th overall in the automotive industry for initial quality. Additionally, the Nissan Murano once again was named best in the Midsize SUV category for initial quality. "We are honored that our efforts to deliver excellent quality
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