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April 2022

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Wednesday, April 27, 2022

Tales from the paddock: Victory in a season opener and a return to Monaco

Tales from the paddock: Victory in a season opener and a return to Monaco

News snippets Tough weekend at Imola: The venue for the fourth contest of the 2022 Formula One season was the historic Autodromo Enzo e Dino Ferrari in Imola, with the first sprint race of the year as a prelude. The Emilia Romagna Grand Prix weekend was a frustrating experience for the Mercedes-AMG Petronas F1 Team, wi ... Continue reading

BMW Luxury Car Partner To Kentucky Derby

BMW Luxury Car Partner To Kentucky Derby

BMW of North America announced today it will be the first-ever official luxury automotive partner of the Kentucky Derby, taking place from May 5-7, 2022 at Churchill Downs Racetrack in Louisville, KY. ... Continue reading

Allison Transmission Announces First Quarter 2022 Results

Allison Transmission Announces First Quarter 2022 Results

INDIANAPOLIS--Allison Transmission Holdings Inc. , a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, today reported net sales for the first quarter of $677 million, a 15 percent inc ... Continue reading

Automotive Headliner Market - 51% of Growth to Originate from APAC | Passenger Vehicle (PV) segment to be Significant for Revenue Generation | Technavio

Automotive Headliner Market - 51% of Growth to Originate from APAC | Passenger Vehicle (PV) segment to be Significant for Revenue Generation | Technavio

NEW YORK, April 27, 2022 -- The automotive headliner market size is set to grow by USD 2.16 billion from 2021 to 2026 as per the latest report by Technavio. The report projects the market to progress at a CAGR of  4.33%. 51% of the market's growth will originate from APAC during the forecast period. China, Japan, a ... Continue reading

Deluxe Chosen as Premium Preferred Supplier to Porsche North America Family of Brands

Deluxe Chosen as Premium Preferred Supplier to Porsche North America Family of Brands

MINNEAPOLIS--This month, Deluxe , a Trusted Payments and Business Technology™ company, announced that it has signed Porsche North America to a multi-year contract in its Promotional Solutions business. With the agreement, Deluxe has also signed on as title sponsor for the new Porsche Carrera Cup signature racing seri ... Continue reading

Global Small Gas Engine Market Report to 2030 - Opportunity Analysis and Industry Forecasts

Global Small Gas Engine Market Report to 2030 - Opportunity Analysis and Industry Forecasts

DUBLIN, April 27, 2022 -- The "Small Gas Engine Market by Engine Displacement, by Equipment and by Application: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering. The global small gas engines market size was valued at $2.7 billion in 2020, and is p ... Continue reading

May Motorcycle Awareness Safety Month: Time to share the road, save lives

May Motorcycle Awareness Safety Month: Time to share the road, save lives

Busy roadways and reduced respect for riders and drivers means it's time for a renewed focus on safety. Especially as Arizona was just named one of the top 10 states with the worst drivers/riders in the nation. ... Continue reading

Worldwide Electric Motor Industry to 2030 - Improvement in Design Methods to Reduce Carbon Emissions Presents Opportunities

Worldwide Electric Motor Industry to 2030 - Improvement in Design Methods to Reduce Carbon Emissions Presents Opportunities

DUBLIN, April 27, 2022 -- The "Electric Motor Market by Motor Type, Output Power and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering. The global electric motor market size was valued at $106.3 billion in 2020, and is expected to reach ... Continue reading

Ford’s Q1 Demand Strong, Supplies Limit Product Shipments; Affirms Full-Year Adjusted EBIT Guidance of $11.5-$12.5 Billion

Ford’s Q1 Demand Strong, Supplies Limit Product Shipments; Affirms Full-Year Adjusted EBIT Guidance of $11.5-$12.5 Billion

Ford Motor Company today reported its 2022 first quarter financial results. Click here or visit media.ford.com to view the news release. ... Continue reading

Kia initiates purpose-built vehicle strategy with launch of Niro Plus

Kia initiates purpose-built vehicle strategy with launch of Niro Plus

Kia has today revealed the Niro Plus, its first ‘purpose-built vehicle’ (PBV). As a Sustainable Mobility Solutions Provider, Kia is exploring diverse ways to help people and businesses move beyond traditional automotive, and the company expects its PBV models to be an important part of future mobility. The Kia Niro ... Continue reading

2022 INFORMA TECH AUTOMOTIVE AWARDS SHORTLIST!

2022 INFORMA TECH AUTOMOTIVE AWARDS SHORTLIST!

The Automotive Inspire Awards category is an extension of our Automotive Inspire interview series, in which we showcase the inspirational stories of people working in the AutoTech industry. ... Continue reading

Canoo to Announce First Quarter 2022 Financial Results

Canoo to Announce First Quarter 2022 Financial Results

JUSTIN, Texas, April 26, 2022 -- Canoo Inc. , a high-tech advanced mobility company, today announced that it plans to report its financial results for the first quarter ended March 31, 2022 after market close on Monday, May 9, 2022. The Company will host a conference call and live webcast at 5:00 pm ET to discuss the r ... Continue reading

Cunard Announces Growth for North American Market with News of Queen Anne

Cunard Announces Growth for North American Market with News of Queen Anne

Bold and Timeless Interiors for Queen Anne Herald a New Era of Design for Cunard Ocean Travel   VALENCIA, Calif., April 26, 2022 -- Today at Seatrade Cruise Global, Cunard - pioneers of luxury ocean travel - announced designs for all accommodations on the brand's newest ship Queen Anne. The line's 249th ship is schedu ... Continue reading

Despite Rough Start, IP Will Rule The Metaverse

Despite Rough Start, IP Will Rule The Metaverse

Noted data policy expert Lori Fena, Co-Founder of Personal Digital Spaces, outlines the three fundamental drivers to unlock the value of Intellectual Property in Web3, the Metaverse and NFT Marketplaces WINSTED, Conn., April 26, 2022 -- NFT marketplaces have made a critical miscalculation by ignoring Intellectual Prop ... Continue reading

Historic Hotel Brought Back to Life With $59 Million From Twain Financial

Historic Hotel Brought Back to Life With $59 Million From Twain Financial

ALEXANDRIA, Va., April 26, 2022 -- A nearly century-old hotel building in Alexandria's premier Old Town neighborhood soon will be bustling with activity again. Hotel Heron, an approximately 90,000-square-foot urban adaptive-reuse development, is set to begin construction in June 2022 now that financing has closed on th ... Continue reading

Lucid Announces Deal for Purchase of Up to 100,000 Electric Vehicles

Lucid Announces Deal for Purchase of Up to 100,000 Electric Vehicles

Purchase commitment by the Government of Saudi Arabia by the Ministry of Finance to include award-winning Lucid Air and future Lucid models Among one of the largest-ever purchase commitments of its kind for sustainable electric vehicles Ten-year deal is part of Saudi Vision 2030 and Saudi Green Initiative to transform ... Continue reading

NASA Selects Investigation Teams to Join Geospace Dynamics Mission

NASA Selects Investigation Teams to Join Geospace Dynamics Mission

WASHINGTON, April 26, 2022 -- NASA has selected three investigation teams to join the agency's Geospace Dynamics Constellation (GDC) mission science team in studying Earth's upper atmosphere, as well as five additional investigations that will be under consideration for inclusion in the mission. GDC is a coordinated gr ... Continue reading

The Bolivar Beach Club & RV Resort Announces Grand Opening

The Bolivar Beach Club & RV Resort Announces Grand Opening

Bringing the premier RV resort and entertainment venue to the Texas Coast HOUSTON, April 26, 2022 -- The Bolivar Beach Club & RV Resort, a highly anticipated beachfront RV resort and entertainment venue on the Texas Gulf Coast, today announced its Grand Opening will take place over Memorial Day weekend. To celebrate t ... Continue reading

All-new 2022 Jeep® Grand Cherokee 4xe Dominates Annual Northwest Automotive Press Association (NWAPA) 'Mudfest'

All-new 2022 Jeep® Grand Cherokee 4xe Dominates Annual Northwest Automotive Press Association (NWAPA) 'Mudfest'

AUBURN HILLS, Mich., April 27, 2022 -- 2022 Jeep® Grand Cherokee 4xe named 2022 Northwest Outdoor Activity Vehicle of the Year Grand Cherokee 4xe also takes top honors in Electrified Utility Vehicle and Mid- and Full-Size Family categories First time in the event's 27-year history that a vehicle has won the Overall, E ... Continue reading

Automotive Aftermarket Size Worth $559.9 Billion by 2030: Grand View Research, Inc.

Automotive Aftermarket Size Worth $559.9 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO , April 27, 2022 -- The global automotive aftermarket size is expected to reach USD 559.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 3.4% from 2022 to 2030. Digitalization of automotive repair and component sales complemented b ... Continue reading

EVgo Announces Timing of First Quarter 2022 Earnings Results Conference Call

EVgo Announces Timing of First Quarter 2022 Earnings Results Conference Call

LOS ANGELES--EVgo Inc. (“EVgo”), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that it will release its first quarter 2022 financial results before market open on Wednesday, May 11th, 2022. This release will be follow ... Continue reading

Global Smart Glass Market (2021 to 2026) - Featuring America Insulated Glass, Bowers and Central Glass Among Others - ResearchAndMarkets.com

Global Smart Glass Market (2021 to 2026) - Featuring America Insulated Glass, Bowers and Central Glass Among Others - ResearchAndMarkets.com

DUBLIN--The "Global Smart Glass Market (2021-2026) by Technology Type, Mode of Control Type, End-Use Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Smart Glass Market is estimated to be USD 11.02 Bn in 2021 an ... Continue reading

Helbiz to Bring Its Mobility Services to Charlotte, NC

Helbiz to Bring Its Mobility Services to Charlotte, NC

NEW YORK--Helbiz (NASDAQ; HLBZ), a global leader in micro-mobility and the first company in its industry to be publicly listed on Nasdaq, today announced that it will be opening operations in Charlotte, NC, next month. After an open call for proposals by the city, Helbiz has been granted a permit for up to 600 e-scoote ... Continue reading

InventHelp Inventor Develops Way to Remove Insect Remains from Windshields (BMA-5296)

InventHelp Inventor Develops Way to Remove Insect Remains from Windshields (BMA-5296)

PITTSBURGH, April 27, 2022 -- "I wanted to create a vehicle accessory to help remove stubborn insect deposits from the windshield without stopping your vehicle," said an inventor, from Nashua, N.H., "so I invented the BUG WIPER. My design would prevent the insect remains from being smeared into the windshield." The pat ... Continue reading

Lack of New-Vehicle Inventory Still Constrains Sales Pace as Prices, Profits Reach Record Highs; Incentive Spending at New Low

Lack of New-Vehicle Inventory Still Constrains Sales Pace as Prices, Profits Reach Record Highs; Incentive Spending at New Low

TROY, Mich.--J.D. Power: The Retail Sales Forecast New-vehicle retail sales for April 2022 are expected to decline when compared with April 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,076,200 units, a 23.8% decrease compared wit ... Continue reading

Mercedes-Benz USA Launches new Corporate Social Responsibility Strategy - Driving Your Future

Mercedes-Benz USA Launches new Corporate Social Responsibility Strategy - Driving Your Future

ATLANTA--Today, Mercedes-Benz USA (MBUSA) announced the introduction of Driving Your Future, the company’s new corporate social responsibility (CSR) program designed to empower the next generation. Through partnerships with nonprofit organizations Safe Kids Worldwide®, Junior Achievement USA® and Johnny Mac Soldier ... Continue reading

Self-driving Truck Market - 46% of Growth to Originate from North America| Logistics Segment to be Significant for Revenue Generation | Technavio

Self-driving Truck Market - 46% of Growth to Originate from North America| Logistics Segment to be Significant for Revenue Generation | Technavio

NEW YORK, April 27, 2022 -- The self-driving truck market size is set to grow by USD 864.39 million from 2021 to 2026, progressing at a CAGR of 46.54% according to the latest market report by Technavio. The self-driving truck market is fragmented and the vendors are deploying growth strategies such as technological ... Continue reading

Production Begins for Ford F-150 Lightning Trucks

Production Begins for Ford F-150 Lightning Trucks

Full production of F-150 Lightning trucks begins at the high-tech Rouge Electric Vehicle Center within Ford’s historic Rouge Complex Lightning is drawing interest from customers of competitor brands at a record rate across North America, with three out of four reservation holders new to Ford Lightning is the smartest ... Continue reading

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