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!
FORT BELVOIR, Va. -- November 10, 2021 will mark the 246th birthday of the United States Marine Corps. ... Continue reading
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?
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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
DUBLIN, Nov. 9, 2021 -- The "Next Generation Advanced Batteries - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. ... Continue reading
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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
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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