The Auto Channel
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The Largest Independent Automotive Research Resource
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News By Topic: Financial Info (sales figures, financial reports, etc.)

BMW Goes Vertical On EV's, Contracts For For Sustainable Lithium Supply For Own Battery Production

BMW Goes Vertical On EV's, Contracts For For Sustainable Lithium Supply For Own Battery Production

Multi-year contract worth around 285 million euros with US company Livent Responsible extraction of lithium in Argentina Participating in study of sustainable lithium extraction in South America Wendt: ... Continue reading

CarParts.com Signs Definitive Agreement to Acquire Precise Fuel Pumps from Premium Guard

CarParts.com Signs Definitive Agreement to Acquire Precise Fuel Pumps from Premium Guard

(“Precise”) inventory from Premium Guard, a leading global automotive aftermarket supplier. With this acquisition, CarParts.com and Precise will help more drivers get back on the road quickly. ... Continue reading

Growth Energy: COVID Assistance From New UDSA Chief Tom Vilsack Is Welcome Relief for Biofuels Producers

Growth Energy: COVID Assistance From New UDSA Chief Tom Vilsack Is Welcome Relief for Biofuels Producers

Secretary of Agriculture Tom Vilsack announced todaythat the United States Department of Agriculture (USDA) will begin issuing a new round of pandemic assistance to key agriculture programs, specifically including biofuels. Growth Energy CEO Emily Skor welcomed this announcement in a statement:“We are pleased that US ... Continue reading

2021 Ram 1500 TRX VIN 001 to be Auctioned by Barrett-Jackson for Charity on Friday, March 26

2021 Ram 1500 TRX VIN 001 to be Auctioned by Barrett-Jackson for Charity on Friday, March 26

Those interested in bidding in person, online or via phone can go to Barrett-Jackson.com and click on "Bid." 2021 Ram 1500 TRX VIN 001 to be Auctioned by Barrett-Jackson for Charity on Friday, March 26 Viewers can watch the auction live on the FYI network or on any mobile device, computer or Smart TV via the commercial ... Continue reading

Auto Dealership Transactions, Earnings Hit New Highs in 2020

Auto Dealership Transactions, Earnings Hit New Highs in 2020

Overcoming the standstill at the end of the first quarter, the buy/sell market came back with a vengeance in the second half: Over 176 transactions were completed after July 1, with a total of 289 completed for the year — a 24% increase over 2019 and 47 more transactions than in 20151. ... Continue reading

Nutson's Nuggets - Weekly Automotive News Factoids March 14-20 2021

Nutson's Nuggets - Weekly Automotive News Factoids March 14-20 2021

Below are the past week's important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy to digest news nuggets. ... Continue reading

Upstart Loans Going Motoring - Will Acquire Automotive Retail Software Provider Prodigy Software

Upstart Loans Going Motoring - Will Acquire Automotive Retail Software Provider Prodigy Software

Each year, approximately $1 trillion of cars are sold in the US, and most of them are financed.1 Yet purchasing a car consistently ranks among the worst consumer experiences, with less than 1% of buyers satisfied with the current process. ... Continue reading

Faraday Future Appoints Industry Veteran Xuefeng (“Chris”) Chen as CEO of FF China to Solidify US-China Dual Home Market Strategy

Faraday Future Appoints Industry Veteran Xuefeng (“Chris”) Chen as CEO of FF China to Solidify US-China Dual Home Market Strategy

Faraday Future (“FF” or “Faraday Future”), a California-based global shared intelligent mobility ecosystem company, today announced that Mr. Xuefeng (“Chris”) Chen has officially joined FF as the CEO of FF China and will report directly to Carsten Breitfeld, FF Global CEO. Chen will oversee all FF China rel ... Continue reading

Sales Professional Opportunity

Sales Professional Opportunity

Well its reached the point where the owners of The Auto Channel have too many balls in the air and need help doing what we are not. In the beginning 25 years or so ago Marc and I had the energy to run the company, develop new and exciting features, report from world's many auto shows, host client meetings in NY, Detroi ... Continue reading

See Electric BMW i4 reveal Here At BMW Group Annual Conference +VIDEO

See Electric BMW i4 reveal Here At BMW Group Annual Conference +VIDEO

Munich. At today’s BMW Group Annual Conference the upcoming BMW i4 was revealed. ... Continue reading

Hyundai Gives 2021 Kona Electric and Ioniq Electric Owners Charging For Approximately 1,000 Miles(About $35 At EPA Estimated Driving Range)

Hyundai Gives 2021 Kona Electric and Ioniq Electric Owners Charging For Approximately 1,000 Miles(About $35 At EPA Estimated Driving Range)

Continuing its commitment to accelerate mainstream adoption of electric vehicles, Hyundai Motor America will provide 250 kilowatt-hours of complimentary charging on Electrify America’s ultra-fast charging network for owners of 2021 Kona Electric and Ioniq Electric models. ... Continue reading

E-Commerce Automotive Aftermarket in U.A.E Grow at 14.8% CAGR till 2025 Says P&S Intelligence

E-Commerce Automotive Aftermarket in U.A.E Grow at 14.8% CAGR till 2025 Says P&S Intelligence

The growing automotive industry will be a key enabling factor for the growth of the e-commerce automotive aftermarket in U.A.E from $318.2 million in 2020 to $634.4 million by 2025, at a 14.8% CAGR between 2020 and 2025. ... Continue reading

Iteris Awarded $1.2 Million Texas DOT IDIQ Contract for Smart Mobility and Traffic Engineering Services

Iteris Awarded $1.2 Million Texas DOT IDIQ Contract for Smart Mobility and Traffic Engineering Services

r Iteris’ specialized consulting services in a key geographic market. The three-year program includes traffic signal timing improvements at key intersections throughout the Houston district, one of the country’s largest metropolitan areas, which houses over 1,000 signalized intersections. ... Continue reading

Sonic Automotive Acquires Carbiz For Transformation Into Echopark Used Car Lot Brand

Sonic Automotive Acquires Carbiz For Transformation Into Echopark Used Car Lot Brand

Baltimore-Washington metro area with the acquisition of the Carbiz dealership group. Family owned and operated, Carbiz was founded in Northwest Baltimore in 2003, expanding into the Washington D.C. market in 2017. ... Continue reading

WATCH LIVE: Volkswagen AG Annual Media Conference at 4 AM ET +VIDEO

WATCH LIVE: Volkswagen AG Annual Media Conference at 4 AM ET +VIDEO

The entire Volkswagen Annual Media Conference will be broadcast LIVE right here on TheAutoChannel.com at 9AM Central Europe Time, 8AM London time, 4AM New York time, and 1AM West Coast time. ... Continue reading

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