Press Releases

Carvana Co., the leading e-commerce platform for buying and selling used cars, today announced that Ernie Garcia, Carvana’s Founder and Chief Executive Officer, will present to the investor community and host meetings at the upcoming J.P. Morgan Automotive Conference.  A webcast of the presentation will be accessible on the Investor Relations section of the Carvana website (https://investors.carvana.com). An archived replay of the webcast will be available following the l

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Hutton, a retail real estate and development company, headquartered in Chattanooga, Tennessee, and Splash Car Wash, headquartered in Milford, Connecticut, today announced a joint venture to construct a new express car wash in Springfield, Massachusetts. The site, outfitted with a 130-foot tunnel and 20 free-of-charge self-service vacuums will be operated by, and branded as, Splash Car Wash. This is Splash's second site in the state. Under the leadership of Karen Hutton, Hutton h

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Today, Paired Power, a leading U.S. solar microgrid electric vehicle charger manufacturer announces its installation of its PairTree EV charger for Sonoco, a leading global manufacturer of consumer, industrial, health care and protective packaging. “We’re thrilled to provide the first offgrid electric vehicle solar charger to Sonoco, a world-class company with a strong track record of reducing emissions through recyclable material sourcing and countless initiatives,&rdqu

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Cars.com Inc., an audience-driven technology company empowering the automotive industry, reveals the first half of 2024 has brought notable changes to the automotive industry in its Industry Insights Report. This comprehensive report, crafted by Cars Commerce's expert data analysts, delves into macro and micro automotive market insights by analyzing supply, demand, pricing and consumer behavior data from across the company's platform, including Cars.com®, Dealer Inspire and AccuTr

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  Carbon Revolution plc, a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it will supply the carbon fiber wheels available on the just-revealed Chevrolet Corvette ZR1. “It has been a great honor to work with General Motors (GM) again. This will be the third Corvette to feature our carbon fiber wheels,” said Carbon Revolution CEO Jake Dingle. “Our team har

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The United States has seen record heat and it doesn't look like it will end anytime soon. As the heat intensifies, it's not just our bodies that need extra care and attention; CTEK says our vehicle batteries also require special consideration to ensure optimal performance and reliability. With scorching temperatures and extended road trips on the horizon, it's important to understand the unique charging needs of your vehicle battery in the extreme heat. Temperature always plays a

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Allison Transmission has partnered with Cummins to test and validate the new Cummins X15N 15-liter natural gas engine paired with the Allison 4000 SeriesTM fully automatic transmission. Sandman, a bulk cement hauling fleet based in San Jose, California, has successfully completed over 50,000 miles of vehicle testing in the field and reports significant improvements in fuel efficiency and performance. The test vehicle, a Peterbilt tractor pulling double trailers of bulk cement, demonstrated th

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Keysight Technologies, Inc., device security research lab, Riscure Security Solutions, has successfully completed the first Car Connectivity Consortium Digital Key Applet certification for NXP® Semiconductors, a leading provider of secure connectivity solutions for embedded applications. The two companies worked together to evaluate and certify NXP’s automotive Digital Key solution, helping further the development of this new standard. The CCC DKA program focuses on securing digital

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The Zaxcom NP-50 Pro battery is here to power up your compatible devices that need a NP-50 style battery. Crafted from top-notch cells, it promises enduring performance while being lightweight. Plus, its power-packed 900 mAh capacity ensures it never runs out of juice. "Our goal was to source a high capacity quality battery at an attractive price point," says Zaxcom President Glenn Sanders. The NP-50 PRO stands out with memory-free cells for unbeatable reliabilit

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The California Mobility Center and GenCell have partnered to demonstrate the zero-emission GenCell EVOX bridge power solution for fast EV charging at CMC's Sacramento facility throughout 2024. The GenCell EVOX combines hydrogen fuel cells generating 240kWh/day with 372 kWh of lithium-ion batteries and proprietary AI-driven DERMS software to provide reliable, long-duration, grid-independent climate-resilient power for critical applications. This provides a rapidly deployable, rob

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Supernal LLC – Hyundai Motor Group's Advanced Air Mobility company – and Sigma Air Mobility – a Luxaviation Group company – today announced a joint effort to identify and develop targeted markets for future AAM infrastructure and investments, targeting key markets in South and Southeast Asia and potential opportunities in Southern Europe. The collaboration is intended to leverage the companies' combined expertise to lead in the visioning, launch and scale-up of

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Motorcar Parts of America Inc. (Nasdaq: MPAA) today announced the company has expanded product coverage for its starter and alternator, brake caliper, brake pad, power brake booster, brake rotor and wheel hub programs, with more than 150 new part numbers covering an additional 49 million vehicles in operation. The new part numbers are offered through QB, Quality-Built and Quality-Built Black Series, Pure Energy brands powered by MPA, which serve the professional installer market. A select lis

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TIER IV, the pioneering force behind the world's first open-source software for autonomous driving, is proud to announce its selection for a significant project under the New Energy and Industrial Technology Development Organization (NEDO). The project, valued at approximately US$9.5 million (¥1.5 billion), is designed to develop a data integration platform aggregating data from roadside cameras and LiDAR. This initiative is part of a wider effort to develop infrastructure for the dig

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China Automotive Systems, Inc., a leading power steering components and systems supplier in China, today announced that the Board of Directors has declared a special cash dividend of US$0.80 per common share.  The special cash dividend is payable on or about August 22, 2024 to shareholders of record as of the close of business on Tuesday, July 30, 2024. The aggregate amount of the special dividend payment will be approximately $25 million. China Automotive Systems´ Board

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Polaris Inc. announced that its President of Off Road Steve Menneto is leaving for a new career opportunity. "From his start as a part of the sales team, to overseeing our Motorcycles business, to these last five years leading our Off Road team, I want to thank Steve for the lasting contributions he made over his 27-year tenure at Polaris. We wish him the very best as he moves into this new chapter," said Polaris Chief Executive Officer Mike Speetzen. "I will be

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