Press Releases

Wholesale used-vehicle prices were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above May levels. The seasonal adjustment forced the index higher in the month, as non-seasonally adjusted values fell more than usual following the volatility induced by the tariff announcement. The non-adjusted price in June decreased 1.1% compared to May, which now makes the unadjusted average pr

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Innovation has always been a crucial component in creating unique and valuable products. While catering to growing trends, Baseus has also placed heavy emphasis on creating a range of products that meet the unique needs of each user. This means creating devices and gadgets that adapt to dynamic lifestyles – whether you're on the move or at home. Now, Baseus is launching a range of products ideal for the traveler with the latest PrimeTrip C03 Magnetic Car Mount Series and the PrimeTr

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Daimler Truck has signed a Letter of Intent with the Government of Senegal and Global Truck Systems (GTS) to establish a local truck assembly plant. As part of the agreement, Daimler Truck will serve as the exclusive supplier of dismantled truck kits (CKD – Completely Knocked Down) and act as the project’s technology partner. The Senegalese government and GTS have formed a joint venture to lead the assembly operations. Production is expected to begin as early as 2026, wi

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North American automotive and mobility companies are investing in transformations of their products and operations in response to significant changes in technology, consumer demand and regulation, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. The 2025 ISG Provider Lens™ Automotive and Mobility Services and Solutions report for North America finds that demand for

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Nota AI, a global leader in AI optimization, today announced a collaboration with Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, to deliver an optimized Driver Monitoring System (DMS) on Renesas' newly launched RA8P1 MCU (Microcontroller Unit). An MCU is a small computer on a chip used to control functions in devices like cars, appliances, and industrial equipment. By enabling AI to run efficiently on such compact processors, this collab

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Cenntro Inc. a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced the launch of the “Avantier Commuter,” an all-electric vehicle from its 2025 Avantier Model Series. The Avantier Model Series includes the Avantier C, Avantier EX, and Avantier Commuter models, all designed for urban and neighborhood mobility. These vehicles feature compact, lightweight designs tailored for city use and are approved u

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Envirotech Vehicles, Inc. is excited to announce the initiation of full commercial-stage operations in the Company's electric school bus vertical with its first three deliveries of its EVT Bumble Bee electric school bus to the independent school districts of Freer, Blanket, and Waelder, Texas. Funding for the buses is provided by the United States Environmental Protection Agency ("EPA") as part of the Clean School Bus ("CSB") Program. The purpose of the

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As Canadian households juggle increasingly strained budgets, VinFast is positioning its long warranties and lower ownership costs as a way to soften the blow of unexpected car repairs. Canadians are trying to juggle tight budgets while keeping up with essential expenses. Macroeconomic uncertainty has made every surprise cost feel heavier. A single car repair, for instance, can throw off a whole month's finances for many families. Car repairs hurt more these day

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The Continental tire plant in Timisoara, Romania, recently received International Sustainability and Carbon Certification (ISCC) PLUS sustainability certification. This globally recognized standard certifies that Continental meets specific documentation requirements relating to the use of renewable and recycled raw materials. It also confirms the completely transparent traceability of the raw materials used in the production process. Certification of the raw materials enables Continental to e

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Geotab Inc. ("Geotab"), a global leader in connected vehicle solutions, and Mercedes-Benz USA, LLC (Mercedes-Benz USA), a leading provider of innovative connectivity solutions, today announced a joint initiative to integrate Mercedes-Benz connectivity services with Geotab's world-class fleet management platform for customers across the country. This collaboration delivers a seamless, factory-installed telematics solution that unifies data from both electric vehicles (EVs) and in

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Panasonic Automotive Systems Co., Ltd. today announced its appointment to the Governing Body of SOAFEE* (Scalable Open Architecture for Embedded Edge), which serves as the global board dedicated to driving Software-Defined Vehicle (SDV) advancement. This recognition reflects the company's contributions to SDV technology evolution, and the company commits to further strengthening its initiatives to drive the advancement and standardization of SDV technology. Since joining SOAFEE

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Mercedes-Benz of Arrowhead is proud to offer an exceptional selection of Certified Pre-Owned (CPO) Mercedes-Benz vehicles, each backed by factory warranty protection for added confidence. With a reputation for luxury, performance, and engineering excellence, every Mercedes-Benz CPO vehicle undergoes a rigorous inspection and is supported by strong warranty coverage, making it easier than ever for Arizona drivers to enjoy a luxury vehicle they can trust.  Certified Pre-O

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Envirotech Vehicles, Inc. today announced its bold vision to lead the future of electric mobility by integrating sustainable, American-assembled solutions across land, air, and sea, tapping into multiple multi-billion-dollar end markets. As global demand for alternatives to carbon-heavy infrastructure continues to accelerate, Envirotech believes that it is well-positioned to deliver a unified ecosystem, driving clean-energy solutions in agriculture, logistics, infrastructure, and ma

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The 2025 Kia K4 has been awarded the Insurance Institute for Highway Safety's (IIHS) highest safety rating, the 2025 TOP SAFETY PICK+ (TSP+) designation. This rating applies to K4 models built after January 2025 and reflects the K4's strong performance in IIHS's most rigorous testing to date, which now includes enhanced standards for rear-seat occupant protection. "The K4 is a standout example of how Kia continues to raise the bar in delivering sedans that combine p

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Dolby Laboratories, a leading company in immersive entertainment experiences, has announced a collaboration with Audi, marking the introduction of Dolby Atmos® in selected vehicle models from the premium auto manufacturer. The first cars with Dolby Atmos will be delivered in July 2025. The partnership underscores both companies' commitment to taking the driving experience to all-new heights with state-of-the-art audio technology. Dolby Atmos allows artists to fully realize t

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