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January 2023

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Sunday, January 29, 2023

Asbury Automotive Group Increases Share Repurchase Authorization to $200 Million

Asbury Automotive Group Increases Share Repurchase Authorization to $200 Million

DULUTH, Ga.--Asbury Automotive Group, Inc. (the “Company”), one of the largest automotive retail and service companies in the U.S., today announced its board of directors increased the Company’s common stock repurchase authorization by $108 million to a total of $200 million. “Our robust cash flow and strong ba ... Continue reading

automotiveMastermind Joins the Reynolds Certified Interface Program

automotiveMastermind Joins the Reynolds Certified Interface Program

NEW YORK, Jan. 26, 2023 -- automotiveMastermind (aM), part of S&P Global Mobility and the leading provider of predictive analytics and marketing automation solutions for dealerships, has signed a contract to join the Reynolds Certified Interface Program to directly integrate Mastermind, aM's flagship automated sales ... Continue reading

AutoNation Completes the Acquisition of RepairSmith

AutoNation Completes the Acquisition of RepairSmith

AutoNation Logo (PRNewsfoto/AutoNation, Inc.) RepairSmith Logo Leading automotive retailer and #1 public dealer group, according to Reputation, completes acquisition of RepairSmith Acquisition accelerates commitment to being the nation's most comprehensive transportation solutions provider FORT LAUDERDALE, Fla., Jan. 2 ... Continue reading

Canoo Appoints Ken Manget Chief Financial Officer

Canoo Appoints Ken Manget Chief Financial Officer

JUSTIN, Texas, Jan. 26, 2023 --  Canoo Inc. , a high-tech advanced mobility company, today named Ken Manget, Chief Financial Officer.  Reporting directly to Canoo Chairman and CEO, Tony Aquila, Manget will be responsible for Capital Markets, Investor Relations, Accounting & Financial Reporting. ... Continue reading

E-fuel delivery for the shipping sector

E-fuel delivery for the shipping sector

MPC Container Ships and INERATEC sign offtake agreement for sustainable marine diesel KARLSRUHE, Germany, Jan. 26, 2023 -- MPC Container Ships (OSE: MPCC) and INERATEC have signed an agreement for the supply of synthetic Marine Diesel Oil (MDO) made from biogenic CO2 and renewable hydrogen, with delivery set to start i ... Continue reading

HD Map for Autonomous Vehicles Market Report 2022: Sector to Reach $66.1 Billion by 2035 with a 33.4% CAGR

HD Map for Autonomous Vehicles Market Report 2022: Sector to Reach $66.1 Billion by 2035 with a 33.4% CAGR

DUBLIN, Jan. 26, 2023 -- The "HD Map for Autonomous Vehicles Market By Service Type, By Vehicle Type, By Usage Type, By Solution, By Level of Automation: Global Opportunity Analysis and Industry Forecast, 2025-2035" report has been added to  ResearchAndMarkets.com's offering. ... Continue reading

India Car Care Products Market to 2028 - Increasing Customer Inclination Toward Car Care Drives Growth - ResearchAndMarkets.com

India Car Care Products Market to 2028 - Increasing Customer Inclination Toward Car Care Drives Growth - ResearchAndMarkets.com

DUBLIN--The "India Car Care Products Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Products, Application, and Distribution Channel" report has been added to ResearchAndMarkets.com's offering. The India car care products market is expected to grow from US$ 74.9 million in 2022 to US$ 132.7 million by ... Continue reading

Insights on the Auto Samplers Global Market to 2029 - by Product, End-user and Region

Insights on the Auto Samplers Global Market to 2029 - by Product, End-user and Region

DUBLIN, Jan. 26, 2023 -- The "Auto Samplers Market Analysis by Product, by End User, and by Region - Global Forecast to 2029" report has been added to  ResearchAndMarkets.com's offering. ... Continue reading

Jeep® Brand Celebrates 20 Years as the Exclusive Automotive Sponsor of the X Games 2023

Jeep® Brand Celebrates 20 Years as the Exclusive Automotive Sponsor of the X Games 2023

AUBURN HILLS, Mich., Jan. 26, 2023 -- Continue Reading The Jeep® brand celebrates 20 years as the exclusive automotive sponsor of the X Games. ... Continue reading

Mercedes-Benz world’s first automotive company to certify SAE Level 3 system for U.S. market

Mercedes-Benz world’s first automotive company to certify SAE Level 3 system for U.S. market

CARSON CITY, Nev. & STUTTGART--Mercedes-Benz is the world’s first automotive company to bring SAE Level 31 conditionally automated driving to the U.S., with Nevada being the first state to confirm the compliance of the system with state regulations. ... Continue reading

NEW: NYC Mayor Mandates Electric for Uber/Lyft -- DRIVERS REACT

NEW: NYC Mayor Mandates Electric for Uber/Lyft -- DRIVERS REACT

00cc12a6a24049198a2ae992fe2baa7a.png Drivers Guild Applauds Mayor’s Electric Vehicle Goal, While Urging Infrastructure Support for FHV Drivers to Transition to Electric  Guild Urges Charging & Restroom Stations for City’s 100,000 Rideshare Drivers New York, NY— Today, New York City Mayor Eric Ada ... Continue reading

PartsTrader and Infomedia Announce Partnership Streamlining Quoting & Ordering for Toyota and Lexus

PartsTrader and Infomedia Announce Partnership Streamlining Quoting & Ordering for Toyota and Lexus

Image Full Size Small Preview Thumbnail Image Full Size Small Preview Thumbnail Image Full Size Small Preview Thumbnail CHICAGO--Today PartsTrader announced a partnership and integration with Infomedia that streamlines the quoting and ordering process for Toyota and Lexus dealers by providing dealers with the benefits ... Continue reading

Velodyne Lidar Adjourns Special Meeting of Stockholders to February 3, 2023

Velodyne Lidar Adjourns Special Meeting of Stockholders to February 3, 2023

SAN JOSE, Calif.--Velodyne Lidar, Inc. today announced that the Special Meeting of Stockholders ("Special Meeting") to approve the proposed merger with Ouster, Inc. and related matters was convened and adjourned without conducting any business. The Special Meeting will reconvene at 9:00 a.m. PT on February 3, 2023. ... Continue reading

$9.12 Billion Worldwide Low Speed Electric Vehicle Industry to 2027: Key Players Include AGT Electric Cars, Bintelli Electric Vehicles, Bradshaw Electric Vehicles and HDK Electric Vehicle

$9.12 Billion Worldwide Low Speed Electric Vehicle Industry to 2027: Key Players Include AGT Electric Cars, Bintelli Electric Vehicles, Bradshaw Electric Vehicles and HDK Electric Vehicle

DUBLIN, Jan. 27, 2023 -- The "Low Speed Electric Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. ... Continue reading

Automotive Aftermarket Appearance Chemicals Market Report 2022: Pre-Owned Cars & Auto Leasing Drives Growth

Automotive Aftermarket Appearance Chemicals Market Report 2022: Pre-Owned Cars & Auto Leasing Drives Growth

Dublin, Jan. 27, 2023 -- The "Automotive Aftermarket Appearance Chemicals - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. ... Continue reading

Europe and North America EV Charging Infrastructure Market Report 2023: Demand for Public and Destination Charging to Increase Rapidly in Europe

Europe and North America EV Charging Infrastructure Market Report 2023: Demand for Public and Destination Charging to Increase Rapidly in Europe

DUBLIN, Jan. 27, 2023 -- The "EV Charging Infrastructure in Europe and North America - 3rd Edition" report has been added to ResearchAndMarkets.com's offering. ... Continue reading

TIME and Ally Financial Name 2023 Dealer of the Year

TIME and Ally Financial Name 2023 Dealer of the Year

Gary Rome, Owner of Gary Rome Hyundai in Holyoke, MA, Wins Annual Award at 106th National Automotive Dealers Association Show DALLAS, Jan. 27, 2023 -- In recognition of automotive industry champions who possess a relentless commitment to their communities, Ally Financial and TIME announced Gary Rome, owner of Gary Rom ... Continue reading

The Ocean Meets the Mountains

The Ocean Meets the Mountains

Fisker Fun Fact: The 20” Stealth wheels (pictured below) are the backbone of our 20” F7 AeroStealth wheels. ... Continue reading

Nutson's Weekly Auto News Wrap-up Week Ending January 29, 2023

Nutson's Weekly Auto News Wrap-up Week Ending January 29, 2023

* The 2023 Cars.com Affordability Report lists the best value new cars. The best value cars, small SUVs, small pickups and EVs are ranked in order of the median price for the trim that includes all must-have features (Apple CarPlay and Android Auto, a blind spot monitor, forward collision warning with automatic emergen ... Continue reading

Bloomberg Reported That The US Hasn’t Noticed That China-Made Cars Are Taking Over the World; But The Auto Channel Has

Bloomberg Reported That The US Hasn’t Noticed That China-Made Cars Are Taking Over the World; But The Auto Channel Has

New York January 26, 2023; Bloomberg reported that China is poised to become the No. 2 exporter of passenger vehicles, surpassing the US and South Korea and risking new tensions with trading partners and rivaOverseas shipments of cars made in China have tripled since 2020 to reach more than 2.5 million last year, accor ... Continue reading

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