Press Releases
REV Group, Inc., a U.S. based manufacturer of industry-leading specialty vehicles, announced today that its subsidiary REV Group International, Inc. has completed the previously announced sale of REV Brazil to Aetreum Holdings effective August 2, 2021. Financial terms were not disclosed. Following completion of the transaction, REV Group, Inc. and REV International, Inc. no longer hold manufacturing or other operations in Brazil. About REV Group REV Group
Read more...Carlisle Companies Incorporated today announced that it has completed the sale of Carlisle Brake & Friction to CentroMotion of Waukesha, Wisconsin. About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative Building Envelope products and energy-efficient solutions for customers creating sustainable buildings of the future. Through its Construction Materials (CCM) business and family of leading brands, Carl
Read more...3 August 2021
Hyliion Holdings Corp., a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that Detmar Logistics LLC has executed a reservation agreement covering 300 Hypertruck ERX™ systems. The agreement is part of Hyliion’s latest collaboration with the Texas-based frac sand solutions provider, whose reservation marks the next step in their continued effort to fully electrify their fleet over the next five years. Detmar is actively expanding their fleet opera
Read more...Polaris and Rhino-Rack® Announce Exclusive Line of Storage Solutions for RANGER and GENERAL Vehicles
30 July 2021
Polaris, the world leader in powersports and off-road innovation, today announced its collaboration with industry leader Rhino-Rack® on a line of premium storage solutions and accessories designed specifically for RANGER and GENERAL vehicles. The industry-leader in the off-road world will be complemented by a trusted brand in outdoor adventure accessories, including durable and easy-to-use roof racks, bed racks and other accessories to help users get more done or stay organized for the ne
Read more...29 July 2021
Hyliion Holdings Corp., a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced a long-range variant of the Hypertruck ERX™, which will be the first version brought to market. This enhanced option, which will offer 75 miles of all-electric range, will enable Hypertruck ERX™ equipped production trucks to qualify for zero-emission vehicle (ZEV) credits by meeting California’s Advanced Clean Truck (ACT) Rule. The Hypertruck ERX™ wil
Read more...Sonic Automotive, Inc., 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 franchises to the Sonic Automotive family, further strengthening our automotive sales and service network in the Colorado market,” said David Smith, Chief Executive Officer of Sonic Automotive and EchoPark Aut
Read more...28 July 2021
NI CONNECT - NI and Seagate® Technology Holdings (NASDAQ: STX), a world leader in data storage infrastructure solutions, today announced a new collaboration to enhance data storage and transfer services, including a first-of-its-kind advanced driver-assistance systems (ADAS) record offering. The announcement was made during NI Connect, the test and measurement company’s premiere digital event for engineers. The new ADAS record offering combines NI’s high performance
Read more...27 July 2021
Skyworks Solutions, Inc., an innovator of high-performance analog semiconductors connecting people, places and things, today announced that it has completed its acquisition of the Infrastructure & Automotive business of Silicon Laboratories Inc. in an all-cash asset transaction valued at $2.75 billion. “On behalf of the entire Skyworks organization, I want to welcome the Infrastructure & Automotive team,” said Liam K. Griffin, chairman, chief executive officer an
Read more...27 July 2021
Air Products, a world leader in the supply and transport of hydrogen, and Cummins Inc., a global power and hydrogen technologies leader, jointly announce the signing of a memorandum of understanding (MOU) to work together to accelerate the integration of hydrogen fuel cell trucks in the Americas, Europe and Asia. Cummins will provide hydrogen fuel cell electric powertrains integrated into selected OEM partners’ heavy-duty trucks for Air Products, as Air Products begins the process of co
Read more...Beep – a global leader in multi-passenger, electric, autonomous mobility solutions –today announced the company's grand opening of its headquarters in Lake Nona, Fla. The 10,000 square-foot facility is now home the Beep Command Center, a state-of-the-art, centralized command center used to actively monitor all autonomous projects for an unrivaled level of passenger safety, an innovation lab, which is intended to highlight premier partners in the autonomous vehicle industry, an
Read more...22 July 2021
Penske Automotive Group, Inc., a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's dividend by 2.3% to $0.45 per share. The dividend is payable September 1, 2021, to shareholders of record on August 10, 2021. "We are pleased to offer our shareholders another increase in the quarterly dividend," said Penske Automot
Read more...Smart Eye AB, a global leader in interior sensing AI, and OmniVision Technologies, Inc., a leading developer of advanced digital imaging solutions, jointly announce today a full Interior Sensing solution for automotive OEMs that enables complete driver and cabin monitoring with videoconferencing applications from a single RGB-IR sensor. The solution is the first integrated video processing chain, which combines innovative features based on the OmniVision OV2312 RGB-IR sensor, suppor
Read more...Tactile Mobility, the leading tactile data and virtual sensing technology company, announced today the launch of its first-of-its-kind runover virtual sensor solution providing vehicles with the ability to identify in real-time an initial runover of an object and prevent a full runover. The software-only solution uses "sense of touch" technology to detect a variety of objects on the road of different heights, sizes, shapes, and materials – both organic and hard &ndas
Read more...16 July 2021
Schneider Electric, the leader in digital transformation of energy management and automation, today has been selected as a preferred provider for GM’s Ultium Charge 360 fleet service to support electric vehicle infrastructure. The move will facilitate GM’s commitment to fleet electrification and provide a more seamless experience for GM fleet and BrightDrop customers via an end-to-end solution offered by Schneider Electric. Schneider Electric’s new EcoStruxure for
Read more...Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc., a global power and hydrogen technologies leader, announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. The MOU provides the framework for Chevron and Cummins to initially collaborate on four main objectives: advancing public policy that promotes hydrogen as a dec
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