Press Releases
Sonic Tools USA Introduces Pathway Program to Improve Automotive Technician Recruiting and Retention
2 November 2024
Sonic Tools USA today introduced its Sonic Pathway Program, an affordable method for automotive dealerships and repair and service centers to supply tools directly to its technicians with specialty pricing. From the moment a candidate is hired through to becoming a master technician, the tool costs are covered by the employer, and toolsets are upgraded as the technician rises in rank. The Pathway Program starts with a 255-piece basic toolset and S12 XD Toolbox, available for $4,500.
Read more...1 November 2024
Bridgestone Americas today announced that the launch of the BATTLAX SPORT TOURING T33, a new sport touring radial motorcycle tire, is scheduled for January 2025. The BATTLAX SPORT TOURING T33 is a next-generation sport touring tire that maintains the touring performance of its predecessor, the BATTLAX SPORT TOURING T32, while improving its mileage by 47%1. The latest addition to the BATTLAX tire family maintains the high-level wet performance of the BATTLAX SPORT TOURING T32, while
Read more...1 November 2024
Hyundai Motor Company today unveiled its INITIUM hydrogen fuel cell electric vehicle (FCEV) concept at its 'Clearly Committed' event held at Hyundai Motorstudio Goyang. INITIUM is a Latin word meaning 'beginning' or 'first', representing Hyundai Motor's status as a hydrogen energy pioneer and its commitment to develop a hydrogen society. INITIUM provides a preview of a new production FCEV that Hyundai Motor plans to unveil in the first half of n
Read more...30 October 2024
Newmont Corporation today announces the commissioning of its first battery-electric large mining truck at the Cripple Creek and Victor (CC&V) mine in Teller County, Colorado, U.S. The vehicle, dubbed the Early Learner Cat® 793 XE, is an important milestone for Newmont, made possible through its strategic alliance with Caterpillar Inc. "The arrival of the Early Learner Cat 793 XE underscores our ongoing commitment to reducing greenhouse gas (GHG) emissions across our bus
Read more...30 October 2024
Hyundai Motor Company today released the teaser images of its eagerly awaited IONIQ 9, a three-row, all-electric SUV that will mark a new milestone in the brand’s unwavering commitment to electrification. The ‘9’ in IONIQ 9 symbolizes the large vehicle class in Hyundai Motor’s IONIQ lineup, marking the company’s inaugural venture into the realm of large SUV EV models. Building on the momentum generated by IONIQ 5 and IONIQ 6, IONIQ 9 is set to redefine
Read more...29 October 2024
Hanon Systems (KS:018880), a leading global automotive thermal management supplier for electrified mobility, announced a new plant in Woodbridge, Ontario, Canada, to support its growing business with global vehicle manufacturers. The facility includes approximately 284,200 square feet (26,400 square meters) of manufacturing space, with room for expansion based on business needs. It will be the company's first North American location to produce electric scroll compressors, which
Read more...29 October 2024
Fanttik, a leading provider of innovative DIY tools and automotive solutions, is thrilled to announce a multi-year partnership with the NBA's Brooklyn Nets. designating the brand as the "Brooklyn Nets Official Partner for DIY Tools and Automotive Solutions." beginning with the 2024-25 NBA season. This partnership will see Fanttik's branding prominently featured at Barclays Center during all Brooklyn Nets home games, with extensive visibility across digital signage.
Read more...28 October 2024
The SEMA Show is one of the most anticipated automotive events of the year, where the world's top builders, manufacturers, and enthusiasts come together to showcase the latest innovations in the industry. With hundreds of cars on display for days, one crucial but often overlooked element is effective battery management. A dead battery or unreliable power can bring even the most stunning vehicle to a halt. SEMA is an opportunity to present your vehicle at its best, and with so mu
Read more...28 October 2024
LG Energy Solution today announced its third quarter earnings, along with its quarterly progress reports and action plans for EV and energy storage system (ESS) battery businesses. The company posted consolidated revenue of KRW 6.8778 trillion, a 11.6 percent increase quarter-on-quarter and 16.4 percent decrease year-on-year. The operating profit was KRW 448.3 billion, a 129.5 percent increase quarter-on-quarter and 38.7 percent decrease year-on-year. The operating profit includes t
Read more...25 October 2024
Today at its ‘N Day 2024’ event, Hyundai Motor Company’s high-performance N division unveiled RN24, a next-generation ‘Rolling Lab’ demonstrating the future possibilities of high-performance electric vehicles (EVs). The annual ‘N Day’ event highlights Hyundai N’s relentless innovation and commitment to excel in high-performance, motorsport-proven technologies, especially for EVs. The event highlights Hyundai N’s three pillars: Co
Read more...25 October 2024
Blue Bird Corporation, the leader in electric and low-emission school buses, has delivered its first fleet of propane-powered buses to the School District of Philadelphia (SDP), the largest school district in Pennsylvania. Blue Bird supplied a total of 38 near-zero emission vehicles to help the district accelerate its shift to clean student transportation. The School District of Philadelphia serves nearly 200,000 students in 218 schools. Blue Bird delivered 38 Vision propane-powered
Read more...24 October 2024
Toshiba Electronic Devices & Storage Corporation has developed the TLX9150M, an automotive photorelay that uses a compact SO12L-T package and achieves a blocking voltage of 900V (min.) compatible with 400V automotive battery equipment . Shipments begin today. In recent years, electric vehicles (EVs) have been adopting higher capacity and voltage batteries to improve driving range and charging time. Battery management systems (BMS) constantly monitor and control the battery to ma
Read more...Dover Fueling Solutions, a part of Dover and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries, today announced the launch of the Wayne PWR™ DC fast charger (Wayne PWR). This new electric vehicle charger (EVC) addresses critical market gaps in reliability and durability while offering an unmatched customer experience. Designed and manufactured in Austin, TX, for the U.S. market, Wayne PWR i
Read more...23 October 2024
Exide Technologies, a leading provider of innovative and sustainable battery solutions for automotive and industrial applications, is pleased to announce the introduction of the innovative Solition Material Handling battery. Featuring advanced lithium iron phosphate technology, this battery is engineered to enhance reliability, safety, and total cost of ownership for material handling fleets. Its smart and sustainable electrification has the power to transform industrial operations.
Read more...American Tire Distributors, Inc. today announced that it is implementing specific steps to maximize value and strengthen the Company's financial foundation as it continues supporting manufacturer partners and customers across its nationwide distribution network. The Company has entered into a restructuring support agreement (the "RSA") with certain lenders, including credit funds and accounts managed by Guggenheim Partners Investment Management, LLC, KKR, Monarch Alter
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