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News By Topic: Corporate News

J.D. Power Announces 2022 U.S. ALG Residual Value Awards

J.D. Power Announces 2022 U.S. ALG Residual Value Awards

J.D. Power 2022 U.S. ALG Residual Value Awards, highlighted by Honda and Lexus being named brand award winners in the mass market and premium segments, respectively. “Accurately forecasting residual values in the auto industry is a key factor in assessing an estimated $225 billion lease portfolio of vehicles in the U ... Continue reading

Alpha Motor Corporation Previews Pure Electric Sedan

Alpha Motor Corporation Previews Pure Electric Sedan

IRVINE, Calif., Nov. 16, 2021 -- Alpha Motor Corporation previewed the company's latest innovation, a mid-size sedan. ... Continue reading

Battle for Auto Loan Customers Shifts from Dealership to Online Pre-Approval, J.D. Power Finds

Battle for Auto Loan Customers Shifts from Dealership to Online Pre-Approval, J.D. Power Finds

J.D. Power 2021 U.S. Consumer Financing Satisfaction Study,SM released today, auto financing pre-approval has become the top of the funnel for auto loan customer acquisition and brand loyalty, putting the focus on digital channels as the starting point for the consumer financing journey. ... Continue reading

California Voters Support Full Transition to Electric Vehicles by 2030...Delusinarians

California Voters Support Full Transition to Electric Vehicles by 2030...Delusinarians

SACRAMENTO, Calif., Nov. 16, 2021 -- According to a new poll commissioned by Coltura, 62% of California voters support a policy that would require all new cars sold to be electric by 2030 to reduce air pollution, combat climate change, create jobs, and keep energy dollars in the state. ... Continue reading

U.S. News & World Report Announces the Best Vehicle Brand and Best CPO Program Awards

U.S. News & World Report Announces the Best Vehicle Brand and Best CPO Program Awards

WASHINGTON, Nov. 16, 2021 -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled its Best Vehicle Brand awards and Best Certified Pre-Owned Program award for 2022. ... Continue reading

Fuel Retailers Applaud Passage of the Infrastructure Investment and Jobs Act

Fuel Retailers Applaud Passage of the Infrastructure Investment and Jobs Act

ALEXANDRIA, Va., Nov. 6, 2021 -- NATSO, representing truckstops and travel plazas, SIGMA: America's Leading Fuel Marketers, and the National Association of Convenience Stores (NACS) applauded Congress for passing the historic Infrastructure Investment and Jobs Act (IIJA), H.R. 3684, which ensures a long-term plan for t ... Continue reading

AutoX Partners with Spark Connected to Wirelessly Power Sensors in Level 4 Autonomous Vehicles

AutoX Partners with Spark Connected to Wirelessly Power Sensors in Level 4 Autonomous Vehicles

AutoX Spark Connected Wirelessly Powered Automotive Sensors in Level 4 Autonomous Vehicles. ... Continue reading

Embark Trucks, America’s Longest-Running Self-Driving Truck Program, To List at a Valuation of Approximately $5 Billion on Nasdaq Under the Ticker “EMBK”

Embark Trucks, America’s Longest-Running Self-Driving Truck Program, To List at a Valuation of Approximately $5 Billion on Nasdaq Under the Ticker “EMBK”

Embark Trucks, Inc., a leading developer of autonomous technology for the trucking industry, today announced that it has completed its previously announced business combination with Northern Genesis Acquisition Corp. II (“Northern Genesis 2”) to take Embark public. The combined company has been renamed “Embark Te ... Continue reading

Plus Selects Aeva 4D LiDAR for the Volume Production of Autonomous Trucks

Plus Selects Aeva 4D LiDAR for the Volume Production of Autonomous Trucks

Plus.ai), a global provider of self-driving truck technology, has selected Aeva , a leader in next-generation sensing and perception systems, to supply automotive grade long-range 4D LiDAR for the production of driver-in and fully autonomous trucks powered by the PlusDrive system. ... Continue reading

ADAS Update - ADAS Cold Be A Non-Emotional Reason To Buy A New Car - LexisNexis Risk Solutions ADAS Effect Report

ADAS Update - ADAS Cold Be A Non-Emotional Reason To Buy A New Car - LexisNexis Risk Solutions ADAS Effect Report

ATLANTA, Nov. 9, 2021 -- LexisNexis® Risk Solutions today announced a new analysis of the relationship between Advanced Driver Assistance Systems (ADAS) features and U.S. auto insurance claims, which counters common insurance industry sentiment that ADAS repair costs offset ADAS loss cost benefits. ... Continue reading

New hymn released for Veterans Day

New hymn released for Veterans Day

ROUND ROCK, Texas, Oct. 12, 2021 -- A new Army-focused hymn has been released for free nonprofit use in time for upcoming Veterans Day observances: "Ever Faithful to the Call," composed by Tom Lough. ... Continue reading

2022 Nissan Sentra Adds New Midnight Edition Package; Pricing Starts at $19,510

2022 Nissan Sentra Adds New Midnight Edition Package; Pricing Starts at $19,510

Nissan’s popular Sentra compact sedan adds a new Midnight Edition Package – complete with black exterior trim and special black 18-inch aluminum-alloy wheels - offered on the sporty Sentra SR grade. Also added is a new All-Weather Package for the SV grade. ... Continue reading

Evergrande officially defaulted - DMSA is preparing bankruptcy proceedings against Evergrande Group

Evergrande officially defaulted - DMSA is preparing bankruptcy proceedings against Evergrande Group

BERLIN, Nov. 10, 2021 -- China Evergrande Group today again defaulted on interest payments to international investors. ... Continue reading

Hyundai Earns 2021 Newsweek® Accolades for Overall Brand, Santa Cruz and Elantra Models

Hyundai Earns 2021 Newsweek® Accolades for Overall Brand, Santa Cruz and Elantra Models

FOUNTAIN VALLEY, Calif., Nov. 10, 2021 -- The Hyundai brand has won the 2021 Newsweek Autos Awards Best Brand for your Buck honor, while Hyundai's Santa Cruz and Elantra models have won the categories for Best Small Pickup Truck and Best Small Car, respectively. ... Continue reading

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