GM Financial Reports Full Year and Fourth Quarter 2021 Operating Results
FORT WORTH, Texas--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $909 million for the quarter ended December 31, 2021, compared to $822 million for the quarter ended September 30, 2021, and $776 million for the quarter ended December 31, 2020. Net income for th ... Continue reading
NEW YORK--Vroom , an innovative ecommerce platform that offers a better way to buy and sell used vehicles, today announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive finance. The acquisition accelerates Vroom’s strategy of establishing a captiv ... Continue reading
Rivian Sets Date for Release of Fourth Quarter and Full Year 2021 Results
IRVINE, Calif.--Rivian Automotive, Inc. today announced its fourth quarter and full year 2021 financial results will be released on March 10, 2022, after market close. Rivian will host an audio webcast to discuss its results and provide a business update at 2:00pm PT / 5:00pm ET the same day. ... Continue reading
DETROIT – General Motors Co. today reported 2021 full-year earnings that include net income of $10 billion, EBIT-adjusted of $14.3 billion, net income margin of 7.9%, EBIT-adjusted margin of 11.3%, EPS-diluted of $6.70 and EPS-diluted-adjusted of $7.07. ... Continue reading
ALLEGIANT ANNOUNCES NINE NEW NONSTOP ROUTES LAUNCHING THIS SPRING WITH FARES AS LOW AS $39*
LAS VEGAS, Feb. 1, 2022 -- Allegiant today announces nine new nonstop routes beginning service this spring. ... Continue reading
Car Sharing Market to Grow by USD 21.92 bn | Technavio
NEW YORK, Feb. 1, 2022 -- The latest car sharing market report by Technavio infers that the stringent government regulations regarding emission control are driving this market's growth, resulting in the market growth of USD 21.92 bn from 2020 to 2025. ... Continue reading
DUBLIN--The "Global Electric Motorcycle Market, Segmented By Type (Standard, Cruiser, Sports), By Range (Less than 50 Km, 50-100 Km, 101-150 Km, Above 150 Km), By Battery Capacity, By Battery Type, By Region, Competition Forecast and Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering. The g ... Continue reading
DUBLIN--The "Global Electric Two-Wheeler Market, By Vehicle Type (Scooter/Mopeds, Motorcycle), By Range (Less than 50Km, 50-100Km, 101-150Km, Above 150Km), By Battery Capacity, By Battery Type, By Region, Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026" report has been added to ResearchAndMarkets. ... Continue reading
DUBLIN--The "Global Motor Insurance Market Analysis and Forecast to 2025 - Analysing Competitive Landscape, Top Insurance Markets' Premium and Profitability Trends" report has been added to ResearchAndMarkets.com's offering. This report provides in-depth market analysis, information, and insights into the global and re ... Continue reading
Jacobs Secures RWE Green Hydrogen Feasibility Contract in the UK
DALLAS, Feb. 1, 2022 -- Jacobs has been awarded a feasibility study contract from renewable energy company RWE to investigate the production and supply of green hydrogen in South Wales, U.K. The four-month study will look at the feasibility of initially installing a 100MW electrolyzer at RWE's Pembroke Power Station to ... Continue reading
Mobility Scooter Market to Cross US$ 2.33 Bn by 2031, Says TMR Study
ALBANY, N.Y., Feb. 1, 2022 -- The mobility scooter market is estimated to expand at a CAGR of 6.44% during the forecast period from 2021 to 2031, says a recent market research study by TMR. ... Continue reading
Motorcar Parts of America Announces Appointment of Veteran International Executive to Board
LOS ANGELES--Motorcar Parts of America, Inc. today announced the appointment of Patricia (Tribby) W. Warfield to its board of directors --reflecting the company’s strong commitment to board diversity, experience, and solid corporate governance policies. The Motorcar Parts of America board now consists of 11 directors ... Continue reading
NEW YORK, Feb. 1, 2022 -- Piada Italian Street Food, a rapidly growing fast-casual Italian cuisine restaurant chain, has partnered with DailyPay, the leading provider of on-demand pay, to provide its employees with a transformative financial wellness benefit that gives them access to their earned pay instantly. ... Continue reading
BROOKLYN, N.Y.--Together for Safer Roads (TSR), a global NGO working to prevent road fatalities, today released a new study “Driver Attitudes Towards Vehicle Safety Technology.” The research digs into what makes drivers reluctant to adopt in-cab camera technology and what can be done to positively influence percept ... Continue reading
Aeva Introduces Aeries II – The World’s First 4D LiDAR with Camera-Level Resolution
Aeva's Aeries II is the world’s first 4D LiDAR sensor with Ultra Resolution, a real-time camera-level image with up to 1000 lines per frame. ... Continue reading
ChargePoint Chief Marketing Officer Colleen Jansen Speaks at Bloomberg New Energy Finance Summit
ChargePoint Chief Marketing Officer Colleen Jansen spoke during the expert panel titled “Delivering Charging Infrastructure for All.'' Moderated by BloombergNEF’s Electrified Transport specialist Ryan Fisher, the panel discussed critical success factors in the expansion of electrification. ... Continue reading
Daimler Embarks on a New Era as Mercedes-Benz Group
STUTTGART, Germany--Daimler AG will become Mercedes-Benz Group AG on February 1, 2022. Following the successful stock market debut of Daimler Truck, the Group’s renewed focus on the automotive business is being underlined with a new name. ... Continue reading
BEIT YANAI, Israel & LOS ANGELES--Electreon (TASE: ELWS.TA), the leading provider of wireless and in-road wireless electric vehicle (EV) charging technology, announced it will deploy its first public wireless EV charging road system in the U.S. The company won the RFP to build an Electric Road System (ERS) in Detroit a ... Continue reading
EVgo and Meijer Energize First of 5 New Public Fast Charging Stations in the Midwest
the nation’s largest public fast charging network for electric vehicles (EVs) and only public network powered by 100% renewable electricity, and Meijer, a Midwestern retailer, today announced the opening of the first EVgo public fast charging station at Meijer stores. EVgo’s latest stations with Meijer are part of ... Continue reading
Indian Scout with the launch of the new Scout Rogue and Scout Rogue Sixty. Packed with attitude and edge, thanks to its aggressive styling and performance-minded features, Scout Rogue exudes performance, begs for more throttle, and is ready for whatever comes its way. ... Continue reading
Mazda Reports January Sales Results
IRVINE, Calif., Feb. 1, 2022 -- Mazda North American Operations (MNAO) today reported total January sales of 21,079 vehicles, a decrease of 16.5 percent compared to January 2021. ... Continue reading
SAUDI AUTOVILLE CONCLUDES WITH GREAT FANFARE AND FANDOM
RIYADH, Saudi Arabia, Feb. 1, 2022 -- The first-ever Saudi International Festival of Motoring, publicly known as Autoville, has concluded on Friday after one-week of action-packed activities and thrilling events. ... Continue reading
SUBARU OF AMERICA, INC. REPORTS JANUARY SALES RESULTS
CAMDEN, N.J., Feb. 1, 2022 -- Best January ever for Forester SUBARU OF AMERICA, INC. REPORTS JANUARY SALES RESULTS Subaru of America, Inc. (SOA) today reported 44,158 vehicle sales for January 2022, a 4.8 percent decrease compared with January 2021 (46,400). Like much of the automotive industry, SOA continues to face p ... Continue reading
New Ford Mustang GT3 Race Car to Compete Globally, Is It An EV?
Ford is returning to factory-backed GT3 racing with an all-new Mustang® GT3 IMSA race car that will also be available for customers, starting with 24 Hours of Daytona in 2024 Created by Ford Performance and Multimatic, the Ford Mustang GT3 powered by a 5.0-liter Coyote-based V8 engine will deliver the full endurance r ... Continue reading
Keep On Truckin’: 40 Millionth Ford F-Series for U.S. Customers Rolls Off The Line
The forties have been good to Ford F-Series. Ford has 45 years as America’s best-selling truck and 40 years as best-selling vehicle, and now, Ford is celebrating production of its 40-millionth F-Series for U.S. customers. ... Continue reading
KIA AMERICA ANNOUNCES JANUARY 2022 SALES
IRVINE, Calif., January 31, 2022 – Kia America today announced January sales of 42,488 units. Highlights include best-ever January performance by the Niro family of electrified SUVs, which bested their previous record set in January 2018 by 26-percent. ... Continue reading
Winter Driving Tips from Your NHTSA
Slow down. It’s harder to control or stop your vehicle on a slick or snow-covered surface. ... Continue reading
No Chip Shortage Here - Hyundai Motor America Reports Best January Sales EVER
Most January Retail Sales of All Time FOUNTAIN VALLEY, Calif., Feb. 1, 2022 – Hyundai Motor America reported total January sales of 47,872 units, a 10% increase compared with January 2021 and the highest January sales total in company history. ... Continue reading
RepairPal Partners With JustAnswer to Help Consumers Solve Car Problems Quickly and Affordably
SAN FRANCISCO, Feb. 1, 2022; JustAnswer, the largest Q&A website that connects people to live, qualified Experts for on-demand professional service, has partnered with RepairPal, the largest trusted auto repair network for high quality and fair prices, to help consumers solve car problems quickly and affordably. ... Continue reading
automobiles into mobile computing platforms on wheels, allowing for a better consumer and ownership experience. However, because of these advances, many new cyberattack vectors have appeared. ... Continue reading
GET READY, CHANGE IS COMING.... Aston Martin LIVE Debut WATCH NOW +VIDEO
LONDON - January 31, 2022: On Tuesday, February 1st, the next chapter of the DBX story will be told, and new performance standards will be set. Watch the LIVE unveiling right here on TheAutoChannel.com. ... Continue reading
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