Press Releases

Genesis Motor America announced the continuation of its Priority One program, featuring the upcoming 2023 G90 flagship sedan. Customers may now express interest in Priority One by visiting www.genesis.com and providing their contact information. Priority One members will be contacted and may submit a $1,000 refundable deposit to secure their place among the first to purchase the new 2023 G90. The program delivers a personalized shopping experience curated by a dedicated concierge agent. Prior

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Livent and General Motors Co. announced today a significant multi-year sourcing agreement in which Livent will supply GM with battery-grade lithium hydroxide made primarily from lithium extracted at Livent's brine-based operations in South America. Lithium hydroxide is crucial to GM's plans to make higher performance, higher mileage EVs. The lithium hydroxide from Livent will be used in GM's Ultium battery cathodes, which will power electric vehicles such as the recently revealed

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Autonomy, the nation’s largest electric vehicle subscription company, has partnered with AutoNation, Inc. (NYSE:AN), America’s largest and most admired automotive retailer. The partnership will support Autonomy’s electric vehicle product expansion from the Tesla Model 3 into several automaker brands as well as its geographic expansion across the United States, leveraging AutoNation’s nationwide footprint. As Autonomy’s “Dealer of Record,” Au

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Lightning eMotors , a leading provider of zero emission medium duty commercial vehicles and electric vehicle technology for fleets, announced today the unveiling of its second-generation Lightning Mobile chargers for commercial and consumer electric vehicles (EV). Uniquely designed to accommodate a number of use-cases, the first-of-its-kind mobile DC fast charger offers rapid deployment of reliable charging capabilities in locations where static charging stations are not possible or

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AM Best has affirmed the Financial Strength Rating of A  and the Long-Term Issuer Credit Rating of “a” of Toyota Motor Insurance Company. The outlook of these Credit Ratings is stable. The ratings reflect TMIC’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). TMIC’s balance sheet strength is supported by its str

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Cepton, Inc. a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced that it has selected Fabrinet (NYSE: FN), a leading provider of advanced precision optical and electronic manufacturing services, for the production of its Vista®-X90 lidar, which will be deployed in the industry’s largest ADAS lidar series production program. Cepton selected Fabrinet for its deep expertise in advanced optical packaging and precision optical, el

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Vietnam’s leading Digital Transformation services provider FPT Software and Japanese IT company SCSK entered a global sales business partnership. The two companies will collaborate to roll out Monozukuri Adaptive AUTOSAR or MaaZ, a comprehensive solution stack for AUTOSAR, to top Original Equipment Manufacturers (OEMs) and suppliers in the automotive industry. AUTOSAR, a global development partnership of interested parties, enables the standardization of automotive electronic

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Parcrest Advisors  served as the exclusive investment banking advisor to 3D Car Care on its strategic investment from MPE Partners  along with MPE's portfolio company Hi-Tech Industries. 3D is globally recognized as the highest quality brand of car care and automotive detailing products, comprised of compounds, polishes, ceramic coatings, cleaning supplies and accessories. The Company manufactures the highest grade compounds and polishes out of its Santa Clarita, California head

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Sage-ONF, a synthetic leather supplier with 29 years of experience in design, development, manufacturing and sales, launches series production silicone synthetic leather. The Sage-ONF factory started manufacturing the silicone synthetic leather in Shanghai, China. At a time when consumers continue to demand greater sustainability commitments, the new development builds on Sage-ONF's sustainability heritage, offering silicone synthetic leather as an innovative petroleum-free, car

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Advance Auto Parts , a leading automotive aftermarket parts provider, today introduced its No. 1 fan "Ed Vance,” revolutionizing the category by representing the voice of an emerging segment of automobile enthusiasts – those learning to DIY and craving a partner on their journey. In Ed Vance, Advance is providing an authentic, relatable, entertaining and category-exclusive bilingual voice to embody, represent and connect with these modern DIYers, living alongside th

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Arbe Robotics Ltd.  the global leader in next-generation Imaging Radar solutions, today announced the introduction of a surround imaging radar, Lynx, which processes 24x12 channels and is the only long-range, high resolution, 360° sensing, affordable solution available on the market today. Lynx outperforms the current industry 3x4 corner radars, and even the most advanced 12x16 front radars, making it an industry-first surround radar able to enhance perception and sensor fusion.

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Reliability is always one of the key success factors to gain customer satisfaction in microphone products which will be equipped and used in various environmental conditions. There are frequent challenges and risk to damage microphone physically or degrade the acoustic performance in the process of MEMS microphone' mass production and its final assembly of end products. For example, dust obstacle, oil stain, electrostatic discharge damage in the machine or accidentally by humans, and mate

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Cadillac was ranked highest in a recent measurement of how effectively premium brands and dealers helped both website and in-person vehicle shoppers. In the 2022 Pied Piper Prospect Satisfaction Index® (PSI®) Premium Auto Study released today, Infiniti and Mercedes-Benz were ranked second and third of the 25 brands measured. The study also measured new electric-vehicle brands, and found that their omnichannel shopping experiences significantly trailed the industry average fo

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SAVANNAH, Tenn.Foundation Automotive Corp has acquired 4 new dealerships in the Savannah and Humboldt-Jackson areas in Tennessee from the Jones Motor Company. This new acquisition, the first in Tennessee for Foundation, includes the company’s first Nissan dealership and the implementation of Jones best-in-class used car platform to Foundation’s now 35 stores. “Nissan is a very welcome addition to our growing group. They have built such a strong and consistent brand

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Recent announcements from solid-state battery developers have suggested deployments by automotive in electric vehicles will begin in the near-term. However, the latest Strategy Analytics Electric Vehicle Service (EVS) report, Can Solid-State Batteries Reach Mass Production? suggest delays to deployments in battery electric vehicles to 2030. Toyota has announced that the first deployment of its solid-state battery cells will be in hybrid models, not battery electric, in 2025. The tec

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