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November 2021

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Tuesday, November 9, 2021

Cox Auto News Roundup November 9, 2021

Cox Auto News Roundup November 9, 2021

Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. The Manheim Used Vehicle Value Index (MUVVI) saw a surprising and historic increase in October. ... Continue reading

Happy Birthday and Semper Fidelis Marines!

Happy Birthday and Semper Fidelis Marines!

FORT BELVOIR, Va. -- November 10, 2021 will mark the 246th birthday of the United States Marine Corps. ... Continue reading

Benefit For The Rich Car Buyers and Unions - Congress aims to revamp consumer incentives for plug-in electric vehicles – Update

Benefit For The Rich Car Buyers and Unions - Congress aims to revamp consumer incentives for plug-in electric vehicles – Update

This Feature story was updated on 5 November 2021 to reflect the changes made to the EV Tax Rebate provisions of the Build Back Better bill as released by the U.S. House on 3 November 2021. The new version makes the following revisions: Limit of 1 EV tax credit per taxpayer per year Lowering the income thresholds (now ... Continue reading

Automotive icons sell as NFTs, but how much are they going for?

Automotive icons sell as NFTs, but how much are they going for?

FOR IMMEDIATE RELEASE Experienced vehicle designer’s NFT automotive art collection Hello, Mike Turner is a professional vehicle designer who has used his 25 years of transportation design experience to create a unique collection of non-fungible token (NFT) artworks of cars. He is producing clunky but cute stylis ... Continue reading

CONCOURS OF ELEGANCE PREPARES FOR SPECIAL TENTH ANNIVERSARY EDITION IN 2022

CONCOURS OF ELEGANCE PREPARES FOR SPECIAL TENTH ANNIVERSARY EDITION IN 2022

2022%20COE%2010%20Year%20Anniversary%2050mm_RGB%20copy  CONCOURS OF ELEGANCE PREPARES FOR SPECIAL TENTH ANNIVERSARY EDITION IN 2022  · Spectacular 10^th anniversary showcase planned for Concours of Elegance 2022, including a reunion of the most amazing cars from the debut 2012 event  · An all-new Prince of ... Continue reading

Fifth Third Bank Names Craig Harter as Head of Automotive Lending

Fifth Third Bank Names Craig Harter as Head of Automotive Lending

CINCINNATI--Fifth Third Bank, National Association, today announced that Craig Harter has joined the Bank as head of auto lending. Fifth Third is one of the largest bank originators of indirect auto loans in the country, with an extensive dealer network across more than 40 states. ... Continue reading

From "Manufacturing" to "Intelligent Manufacturing" -- New Energy Electric Vehicle Industry in Gangbei District, Guigang City, Guangxi into the Intelligent Era

From "Manufacturing" to "Intelligent Manufacturing" -- New Energy Electric Vehicle Industry in Gangbei District, Guigang City, Guangxi into the Intelligent Era

GUIGANG, China, Nov. 8, 2021 -- An electric motorcycle can be produced in 30 seconds, with a frame accuracy error of less than 0.5 mm. ... Continue reading

Global Smart Grid Market Outlook to 2026, Featuring Eaton, Fujitsu., General Electric, Honeywell, Landis+Gyr, Schneider Electric and Siemens

Global Smart Grid Market Outlook to 2026, Featuring Eaton, Fujitsu., General Electric, Honeywell, Landis+Gyr, Schneider Electric and Siemens

DUBLIN, Nov. 8, 2021 -- The "Smart Grid: Global Markets to 2026" report has been added to ResearchAndMarkets.com's offering. ... Continue reading

Hertz Announces Pricing of Upsized Public Offering of Common Stock by Selling Stockholders

Hertz Announces Pricing of Upsized Public Offering of Common Stock by Selling Stockholders

ESTERO, Fla., Nov. 8, 2021 -- Hertz Global Holdings, Inc. (OTCPK:HTZZ) ("Hertz" or the "Company") announced today the pricing of an upsized public offering of 44,520,000 shares of its common stock by certain stockholders of Hertz at a price to the public of $29.00 per share. ... Continue reading

High-Tech High Heels: Toyota Donation Aims to Help Replenish STEM Pipeline

High-Tech High Heels: Toyota Donation Aims to Help Replenish STEM Pipeline

DALLAS, Nov. 8, 2021 -- High-Tech High Heels® (HTHH) is excited to announce a partnership with the Toyota USA Foundation in the form of a $500,000 grant to further High-Tech High Heel's® mission to increase the number of girls entering into a college-level degree program in science, technology, engineering and math ( ... Continue reading

RV Retailer, LLC ("RVR") Acquires Out-of-Doors Mart and Airstream of Greensboro in North Carolina

RV Retailer, LLC ("RVR") Acquires Out-of-Doors Mart and Airstream of Greensboro in North Carolina

FORT LAUDERDALE, Fla., Nov. 8, 2021 -- RV Retailer, LLC ("RVR") today announced the acquisition of Out-of-Doors Mart and Airstream of Greensboro in Greensboro, North Carolina. This expands RVR's presence in North Carolina to seven stores. ... Continue reading

Subaru And Travis Pastrana Seal 2021 American Rally Association Championship

Subaru And Travis Pastrana Seal 2021 American Rally Association Championship

PORTLAND, Ore., Nov. 8, 2021 -- Subaru Motorsports USA driver Travis Pastrana secured the 2021 American Rally Association (ARA) overall driver's championship at this weekend's Oregon Trail Rally, with co-driver Rhianon Gelsomino taking the co-driver's championship. ... Continue reading

Teaser: Lotus Type 132 is coming to life

Teaser: Lotus Type 132 is coming to life

Image Today Lotus has shared a teaser clip of the upcoming Type 132. The assets for this can be found here: https://we.tl/t-oIFCqYpGN8 This first communication is titled “Breathe�?? and shows the unique and innovative active grille shutter on the Type 132. ... Continue reading

Tripadvisor Co-Founder and CEO Announces Plans for Departure in 2022

Tripadvisor Co-Founder and CEO Announces Plans for Departure in 2022

NEEDHAM, Mass., Nov. 8, 2021 -- Tripadvisor, Inc. today announced that the company's co-founder and long-time CEO, Stephen Kaufer, will step down from his position at Tripadvisor in 2022. "We come to the close of 2021 in a strong position—travelers are returning as we exit the pandemic, exciting new initiatives are w ... Continue reading

Allison Transmission Completes Installation of New eGen Power™ Electric Axle Production Assembly Line

Allison Transmission Completes Installation of New eGen Power™ Electric Axle Production Assembly Line

Full Size Small Preview Thumbnail Allison Transmission has completed the installation of a new e-Axle production assembly line at its electric axle development and manufacturing facility in Auburn Hills, Michigan. (Photo: Business Wire) Allison Transmission has completed the installation of a new e-Axle production asse ... Continue reading

Eaton Introduces Master Differential Install Kits to Simplify Installation of Eaton Aftermarket Differentials

Eaton Introduces Master Differential Install Kits to Simplify Installation of Eaton Aftermarket Differentials

Full Size Small Preview Thumbnail Eaton's Vehicle Group is now offering Master Differential Install Kits that make upgrading to an Eaton aftermarket differential simple. (Photo: Business Wire) Eaton's Vehicle Group is now offering Master Differential Install Kits that make upgrading to an Eaton aftermarket differential ... Continue reading

Ethyl Acetate Market Size Worth $8.3 Billion By 2028 | CAGR: 8.8%: Grand View Research, Inc.

Ethyl Acetate Market Size Worth $8.3 Billion By 2028 | CAGR: 8.8%: Grand View Research, Inc.

SAN FRANCISCO, Nov. 9, 2021 --  The global ethyl acetate market size is expected to reach USD 8.3 billion by 2028, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2021 to 2028. ... Continue reading

EVPassport Partners With Qmerit to Power Multi-Unit Dwelling Business Expansion With Frictionless, End-to-End EV Charging Experience

EVPassport Partners With Qmerit to Power Multi-Unit Dwelling Business Expansion With Frictionless, End-to-End EV Charging Experience

IRVINE, Calif. & NEW YORK--EVPassport, the EV charging hardware and software platform for purpose-driven organizations, today announced a partnership with Qmerit, a leader in green energy transformation with the largest nationwide network of certified electrical installers for EV charging. ... Continue reading

General Motors and EVgo Boost Build Plan for High Power Fast Chargers Across the US

General Motors and EVgo Boost Build Plan for High Power Fast Chargers Across the US

LOS ANGELES--EVgo Inc. , owner and operator of the nation’s largest public fast charging network for electric vehicles (EVs), and General Motors (GM) announced an expansion of their fast charging infrastructure build-out collaboration currently underway across the U.S. EVgo and GM previously announced a tripling of t ... Continue reading

Global Automotive Parts Die Casting Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Global Automotive Parts Die Casting Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

DUBLIN--The "Automotive Parts Die Casting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering. The Automotive Die Casting Market is valued at USD 40.23 Billion in 2020 and is expected to reach USD 58.4 Billion by 2026 registering a CAGR of ov ... Continue reading

Global Next Generation Advanced Batteries Market Report 2021-2026 - Growing Demand for Mobile Computing Devices Lends Traction to Market Growth

Global Next Generation Advanced Batteries Market Report 2021-2026 - Growing Demand for Mobile Computing Devices Lends Traction to Market Growth

DUBLIN, Nov. 9, 2021 -- The "Next Generation Advanced Batteries - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. ... Continue reading

Global Smart Cities and Intelligent Vehicles Market Report 2021: Over 20% of Smart City Solutions will Involve Smart Vehicle Integration by 2026

Global Smart Cities and Intelligent Vehicles Market Report 2021: Over 20% of Smart City Solutions will Involve Smart Vehicle Integration by 2026

DUBLIN, Nov. 9, 2021 -- The "Smart Vehicle and City Integration Market by Autonomous and Connected Vehicles, Smart Homes and Commercial Buildings 2021 - 2026" report has been added to ResearchAndMarkets.com's offering. ... Continue reading

Global Truck Racks Market Report 2021: Growing Sales of Pickup Trucks is Expected to Accelerate Market Growth - Forecast to 2027 - ResearchAndMarkets.com

Global Truck Racks Market Report 2021: Growing Sales of Pickup Trucks is Expected to Accelerate Market Growth - Forecast to 2027 - ResearchAndMarkets.com

DUBLIN--The "Global Truck Racks Market" report has been added to ResearchAndMarkets.com's offering. Truck rack is defined as set of bars installed on the roof of trucks to carry bulky items like bicycles, luggage, and other products. ... Continue reading

 Helbiz’s Fleet of Electric Vehicles to be Available on Italian Inter-Mobility App, myCicero

 Helbiz’s Fleet of Electric Vehicles to be Available on Italian Inter-Mobility App, myCicero

Full Size Small Preview Thumbnail Helbiz’s Fleet of Electric Vehicles to be Available on Italian Inter-Mobility App, myCicero (Photo: Business Wire) Helbiz’s Fleet of Electric Vehicles to be Available on Italian Inter-Mobility App, myCicero (Photo: Business Wire) Full Size Small Preview Thumbnail Full Size Small Pr ... Continue reading

Hyundai Motor Group announces the formation of Supernal to lead the Group's progress in Advanced Air Mobility

Hyundai Motor Group announces the formation of Supernal to lead the Group's progress in Advanced Air Mobility

Supernal, an evolution of the Group's Urban Air Mobility Division, is developing an eVTOL vehicle for 2028 entry-into-service and convening diverse stakeholders to responsibly shape the Advanced Air Mobility market Supernal will use the Group's scaled manufacturing, and mobility technologies and innovations to revoluti ... Continue reading

Iteris Awarded $1.1 Million Contract by City of Orange for Regional Smart Mobility, Safety and Sustainability Initiative

Iteris Awarded $1.1 Million Contract by City of Orange for Regional Smart Mobility, Safety and Sustainability Initiative

Full Size Small Preview Thumbnail Iteris Awarded $1.1 Million Contract by City of Orange for Regional Smart Mobility, Safety and Sustainability Initiative (Photo: Business Wire) Iteris Awarded $1.1 Million Contract by City of Orange for Regional Smart Mobility, Safety and Sustainability Initiative (Photo: Business Wire ... Continue reading

KCE Announces Investment To Accelerate Deployment of Hydrogen Generators for EV Charging & H2 Fueling

KCE Announces Investment To Accelerate Deployment of Hydrogen Generators for EV Charging & H2 Fueling

HOUSTON--Kaizen Clean Energy (“KCE”), announced today it has secured funding to accelerate commercial deployment of its hydrogen generators for distributed Battery Electric Vehicle (EV) charging, hydrogen Fuel Cell Electric Vehicles (FCEVs) fueling and standby power generation in the United States. The funding posi ... Continue reading

Lithia & Driveway (LAD) Enters North American Powersports Market with Addition of Pfaff Harley-Davidson Dealership

Lithia & Driveway (LAD) Enters North American Powersports Market with Addition of Pfaff Harley-Davidson Dealership

MEDFORD, Ore., Nov. 9, 2021 -- Lithia & Driveway today announced their entrance into North American powersports with the acquisition of Pfaff Harley-Davidson in Toronto, Canada. ... Continue reading

Motorcar Parts of America Reports Strong Fiscal 2022 Second Quarter

Motorcar Parts of America Reports Strong Fiscal 2022 Second Quarter

LOS ANGELES--Motorcar Parts of America, Inc. today reported results for its fiscal 2022 second quarter ended September 30, 2021 – reflecting record sales for a quarter and six-month period. Net sales for the fiscal 2022 second quarter increased 13.5 percent to $175.5 million from $154.7 million a year ago, and 16.7 p ... Continue reading

Motorcar Parts of America’s D&V Electronics Selected for NASA Mission to Saturn’s Moon Titan

Motorcar Parts of America’s D&V Electronics Selected for NASA Mission to Saturn’s Moon Titan

LOS ANGELES--Motorcar Parts of America, Inc. today announced its electric vehicle testing company D&V Electronics was selected to provide a power hardware-in-the-loop inverter test system to support the development of the rotor motor controllers for NASA’s Dragonfly mission. Terms were not disclosed. ... Continue reading

Outlook on the Automotive Powertrain Global Market to 2028 - by Vehicle Type, Propulsion Type and Region - ResearchAndMarkets.com

Outlook on the Automotive Powertrain Global Market to 2028 - by Vehicle Type, Propulsion Type and Region - ResearchAndMarkets.com

DUBLIN--The "Automotive Powertrain Market Size, Share & Trends Analysis Report By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By Propulsion Type (ICE, Electric Vehicle), By Region, And Segment Forecasts, 2021-2025" report has been added to ResearchAndMarkets.com's offering. The global automotive powertrain ma ... Continue reading

Sonic Automotive Continues Expansion of Its Franchised Dealership Network With the Acquisition of Cook Volkswagen

Sonic Automotive Continues Expansion of Its Franchised Dealership Network With the Acquisition of Cook Volkswagen

CHARLOTTE, N.C.--Sonic Automotive, Inc. (“Sonic” or the “Company”) , a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the acquisition of Cook Volkswagen in Fallston, Maryland. Effective today, the Company will operate the dealership as Volkswagen of Fallston, marking ... Continue reading

 Uber and EVgo Expand Partnership to Support High-Volume Rideshare Drivers with Fast, Reliable Public Charging

 Uber and EVgo Expand Partnership to Support High-Volume Rideshare Drivers with Fast, Reliable Public Charging

LOS ANGELES--EVgo Inc. , a first mover in fleet electrification and owner and operator of the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced an expansion to its EV charging program for rideshare drivers on Uber’s platform. W ... Continue reading

University of Massachusetts Expands ParkMobile Partnership to the Lowell Campus to Offer Contactless Parking Solutions

University of Massachusetts Expands ParkMobile Partnership to the Lowell Campus to Offer Contactless Parking Solutions

LOWELL, Mass., Nov. 9, 2021 -- ParkMobile, the leading provider of smart parking and mobility solutions in the U.S., is expanding its contactless parking services to The University of Massachusetts Lowell. ... Continue reading

USD 8.18 Trillion growth in Electric Car Rental Market | Europe to Emerge as Largest Market | Technavio

USD 8.18 Trillion growth in Electric Car Rental Market | Europe to Emerge as Largest Market | Technavio

NEW YORK, Nov. 9, 2021 -- The electric car rental market is set to grow by USD 8.18 trillion between 2020 and 2025, accelerating at a CAGR of almost 12%, according to Technavio's latest market research report estimates. ... Continue reading

Automotive Marketplace CARS.com Acquires Another E Commerce Entity CreditIQ Automotive Fintech Platform

Automotive Marketplace CARS.com Acquires Another E Commerce Entity CreditIQ Automotive Fintech Platform

CHICAGO, Nov. 9, 2021 -- Cars.com Inc. ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, has closed the acquisition of CreditIQ, announced last week. ... Continue reading

2022 Toyota Corolla Hybrid LE – Review by David Colman +VIDEO

2022 Toyota Corolla Hybrid LE – Review by David Colman +VIDEO

Pop the hood on this Corolla and you'll see an advanced hybrid motor that is strictly 2022. But look under the fender wells and you'll find wheels and tires that are so 1975. ... Continue reading

2021 Lexus UX 200 F Sport - Review by Mark Fulmer

2021 Lexus UX 200 F Sport - Review by Mark Fulmer

2021 Lexus UX 200 F Sport review by Mark Fulmer. Someone once said "you see what you want to see..." and when it comes to automotive design, some writers see the design of the 2021 Lexus UX as angry and aggressive. This writer sees the sharp angles as intensity and focus. The squinting headlights seem focused on the pr ... Continue reading

2021 Volkswagen Atlas - Review by Larry Nutson

2021 Volkswagen Atlas - Review by Larry Nutson

2021 Volkswagen Atlas Refreshed and still a good value By Larry Nutson Executive Editor and Bureau Chief Chicago Bureau The Auto Channel (DSC_6934) The Covid-19 pandemic has certainly been a major concern and a disruptor of all things normal in everyone’s lives. This includes the new car industry and auto shows that ... Continue reading

2021 Toyota Hatchback Corolla SE Nightshade - Review by David Colman +VIDEO

2021 Toyota Hatchback Corolla SE Nightshade - Review by David Colman +VIDEO

Space utilization is the determining difference between the Corolla Hatchback and the Corolla sedan. Choose the hatchback and you instantly increase cargo volume by 5 cubic feet over the sedan. ... Continue reading

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