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July 2021

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Wednesday, July 28, 2021

35.53 Million Units growth in Automotive Balance Shaft Market during 2021-2025 | Technavio

35.53 Million Units growth in Automotive Balance Shaft Market during 2021-2025 | Technavio

NEW YORK, July 28, 2021 -- According to Technavio, incremental growth of 35.53 million units is expected in the automotive balance shaft market during 2021-2025. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the automotive balance shaft market in optimistic, probable, and pessimistic f ... Continue reading

Allego, a Leading Pan-European EV Charging company, to Become a Publicly Traded Company through a Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III

Allego, a Leading Pan-European EV Charging company, to Become a Publicly Traded Company through a Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III

Full Size Small Preview Thumbnail Allego Ultra-Fast Charging Location (Photo: Business Wire) PARIS & ARNHEM, the Netherlands & NEW YORK--Allego Holding B.V. (“Allego” or “the “Company”), a leading pan-European electric vehicle charging network, today announced a business combination with Spartan Acquisition C ... Continue reading

Fisker to Take Investment Position and Create Strategic Partnership in Allego, a Leading Pan-European Electric Vehicle Charging Network

Fisker to Take Investment Position and Create Strategic Partnership in Allego, a Leading Pan-European Electric Vehicle Charging Network

LOS ANGELES--Fisker Inc. ("Fisker") – passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – today announced it will make a $10 million private investment in public equity (PIPE) supporting the planned merger of leading European EV charging network, Allego B.V. (“Al ... Continue reading

Kelley Blue Book Names Best Affordable Used Hybrids, Electric Vehicles for 2021

Kelley Blue Book Names Best Affordable Used Hybrids, Electric Vehicles for 2021

IRVINE, Calif., July 28, 2021 -- As gas prices continue to climb in 2021, the electrified vehicle segment – defined as the combined total of electric vehicles, hybrids and plug-in hybrids – is rapidly gaining popularity among the car-buying public. Hot on the heels of a record Q2 2021 for electrified vehicle sales ... Continue reading

Arcimoto Demonstrates First Driverless FUV, Debuts Production Roadster and Arcimoto Flatbed at FUV and Friends Summer Showcase

Arcimoto Demonstrates First Driverless FUV, Debuts Production Roadster and Arcimoto Flatbed at FUV and Friends Summer Showcase

MPEG-4 Video Loading media player... We’re Arcimoto, and we build rides... for a reason. Light, electric, ultra-efficient rides that are incredibly fun to drive. ... Continue reading

Indoor EV Festival Electrifies Summer Auto Show

Indoor EV Festival Electrifies Summer Auto Show

NEW YORK, July 28, 2021 -- Elevating electric vehicles to new heights, the 2021 New York International Automobile Show will feature an unprecedented entire floor dedicated to electric vehicles, charging solutions, and consumer awareness programs with four indoor test tracks for attendees to explore. The New York Aut ... Continue reading

J.D. Power and LMC Automotive Forecast July 2021

J.D. Power and LMC Automotive Forecast July 2021

TROY, Mich.--J.D. Power: The Retail Sales Forecast New-vehicle retail sales for the month of July are expected to grow from July 2020 but decline from July 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,187,300 units, a 3.7% increa ... Continue reading

Sonic Automotive Acquires Subaru and Volkswagen Franchises, Expanding Its Franchised Dealership Network in the State of Colorado

Sonic Automotive Acquires Subaru and Volkswagen Franchises, Expanding Its Franchised Dealership Network in the State of Colorado

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 Grand Junction Subaru and Grand Junction Volkswagen in Grand Junction, Colorado. “We are very excited to add these two great fra ... Continue reading

Sonic Automotive Adds Additional Market to Its Growing Echopark Nationwide Distribution Network & Digital Expansion in Pensacola, Florida

Sonic Automotive Adds Additional Market to Its Growing Echopark Nationwide Distribution Network & Digital Expansion in Pensacola, Florida

PENSACOLA, Fla.--Sonic Automotive, Inc. (“Sonic” or the “Company”) , a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the introduction of EchoPark Automotive to the Pensacola market. EchoPark previously opened its first Florida location in Tampa in April 2020. ... Continue reading

Toyoda Gosei Develops Driver-side Airbag With New Structure That Improves Driver Safety

Toyoda Gosei Develops Driver-side Airbag With New Structure That Improves Driver Safety

-Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed a driver-side airbag with a new structure that can more safely protect the occupant. ... Continue reading

2021 Hyundai Palisade Named Best-in-Class Midsize Crossover by the New England Motor Press Association (NEMPA)

2021 Hyundai Palisade Named Best-in-Class Midsize Crossover by the New England Motor Press Association (NEMPA)

The Palisade is the fifth NEMPA Winter Award recipient for the Hyundai brand of SUVs. Since its introduction in 2019, the Palisade continues to be recognized for all-around excellence by the industry with numerous awards. ... Continue reading

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