Aftermarket

Westlake Financial Remarketing Honors Manheim Central Florida with 2023 Auction of the Year Award

Retrieved on: 
Tuesday, April 2, 2024

Westlake Financial Remarketing recognizes the winner of their 2023 Auction of the Year Award and the Top 4 Regional Auction Performers.

Key Points: 
  • Westlake Financial Remarketing recognizes the winner of their 2023 Auction of the Year Award and the Top 4 Regional Auction Performers.
  • 2023 Nationwide Auction of the Year Winner:
    2023 Top Regional Auction Performers:
    “Congratulations to Manheim Central Florida on winning Auction of the Year.
  • Their remarkable efforts and operational efficiency have allowed them to clear cars quickly while remaining Westlake’s 2nd largest auction by total volume,” says Michael Jari, Director of Remarketing at Westlake Financial.
  • I am excited to see what we can accomplish in 2024,” says Paul Kerwin, Chief Financial Officer at Westlake Financial.

Global and China Automotive Functional Safety and Safety Of The Intended Functionality (SOTIF) Research Report 2024 Featuring Layout of 10 Major OEMs and Solutions for 12 Main Enterprises - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024

The "Global and China Automotive Functional Safety and Safety Of The Intended Functionality (SOTIF) Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and China Automotive Functional Safety and Safety Of The Intended Functionality (SOTIF) Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • As a result, functional safety and SOTIF (safety of the intended functionality) have caught more attention, especially in the field of autonomous vehicles.
  • In 2023, standards and policies have speeded up the development of automotive functional safety and SOTIF in China.
  • OEMs and suppliers greatly increase automotive functional safety processes and product certifications, and embark on the layout of SOTIF process certification.

taq Automotive Intelligence & LeaseBusters Join Forces to Redefine the Auto Leasing Landscape

Retrieved on: 
Monday, April 1, 2024

In a groundbreaking move to deliver digital optimization to the Canadian market, taq Automotive Intelligence www.taqauto.com , has partnered with Canada’s leading lease take-over specialists LeaseBusters www.leasebusters.com solidifying the commitment of both organizations to provide a modernized and fully digital lease transfer process.

Key Points: 
  • In a groundbreaking move to deliver digital optimization to the Canadian market, taq Automotive Intelligence www.taqauto.com , has partnered with Canada’s leading lease take-over specialists LeaseBusters www.leasebusters.com solidifying the commitment of both organizations to provide a modernized and fully digital lease transfer process.
  • “As Canada’s vehicle lease transfer specialists and pioneers, we recognize that this space is primed for change,” says LeaseBusters president Jim Matthews.
  • “In taq, we have found a partner who shares our mission to revolutionize the automotive customer’s buying journey through digital transformation.
  • The evolution of the lease transfer process is only the first step in a journey that is primed for advancement”.

Mitsubishi Electric Mobility Commences Operations

Retrieved on: 
Monday, April 1, 2024

Manufacturing, sales, maintenance and repair of various electrical equipment, automotive equipment, ship machinery and equipment, transport machinery and equipment, industrial machinery and equipment, and system related to machine tool and equipment

Key Points: 
  • Manufacturing, sales, maintenance and repair of various electrical equipment, automotive equipment, ship machinery and equipment, transport machinery and equipment, industrial machinery and equipment, and system related to machine tool and equipment
    Manufacturing, sales, maintenance, and repair of equipment, systems, and services related to information processing, information communication, and information provision

Europe Electric Vehicle Aftermarket Industry Report 2024: Market to Surpass $50 Billion by 2032, Driven by Electric Vehicle Battery Repair and Replacement and EV Component Recycling and Disposal - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024

The electric vehicle (EV) aftermarket in Europe is experiencing significant growth, propelled by several key factors.

Key Points: 
  • The electric vehicle (EV) aftermarket in Europe is experiencing significant growth, propelled by several key factors.
  • Growth/Marketing Strategy: The electric vehicle aftermarket is growing at a significant pace and holds enormous opportunities for market players.
  • The companies' preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the Europe electric vehicle aftermarket.
  • Competitive Strategy: The key players in the Europe electric vehicle aftermarket analyzed and profiled in the study include electric vehicle aftermarket solution providers that develop parts and accessories for EVs.

PHINIA Inc. to Report Q1 2024 Earnings

Retrieved on: 
Thursday, March 28, 2024

PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket parts, will report first quarter 2024 results on Thursday, April 25, 2024.

Key Points: 
  • PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket parts, will report first quarter 2024 results on Thursday, April 25, 2024.
  • PHINIA’s earnings press release, earnings presentation and other materials will be available on the “Investors” section of PHINIA’s website, PHINIA - Investor Relations .
  • PHINIA will host a webcast to review first quarter 2024 results and take questions from the investment community at 8:30 AM Eastern Time on Thursday, April 25, 2024.
  • A replay of the webcast will be available at the same location after the conclusion of the presentation.

Seoul Semiconductor Supplies WICOP to Front Headlamps of 2024 Genesis GV80, Leading Trend of Headlamps

Retrieved on: 
Thursday, March 28, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240328561793/en/
    Headlamps of GV80, a luxury SUV of Genesis, with Seoul Semiconductor’s WICOP technology applied (Photo: Seoul Semiconductor Co., Ltd.)
    Seoul Semiconductor applied its new technology of Ultra-High Luminance “WICOP UHL” to the high and low beams of GV80, the two lines that symbolize Genesis vehicles.
  • In addition, WICOP was applied to all front-light functions of GV80, including the daytime running lights (DRL) and turn signal lights.
  • WICOP UHL, applied to the micro lens arrays (MLA) in the headlamps of Genesis, is a product optimized for automotive applications developed based on WICOP, an ultra-small, high-efficiency LED technology.
  • According to Genesis, “The adoption of Seoul Semiconductor’s technology has enhanced the completeness of the front face of GV80, our luxury SUV.

Laser Photonics’ CleanTech Simplifies Gas Tank Cleaning in Motorcycle Repair & Restoration

Retrieved on: 
Thursday, March 28, 2024

Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its CleanTech laser systems in the motorcycle repair and restoration field.

Key Points: 
  • Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its CleanTech laser systems in the motorcycle repair and restoration field.
  • “Professionals in the motorcycle repair and restoration space have greatly benefited from using our laser cleaning technology.
  • LPC’s laser cleaning technology sees multiple applications in motorcycle repair and restoration.
  • These capabilities make LPC’s CleanTech the preferred choice in motorcycle manufacturing, as well as in the repair and restoration sectors.

OsaBus Unveils Major Digital Transformation with Over €600K Investment in Dispo.Travel Platform for Enhanced Customer Experience

Retrieved on: 
Wednesday, March 27, 2024

This strategic move marks the launch of Dispo.Travel , an innovative digital platform tailored for the German market, revolutionizing the way customers interact with passenger transportation services.

Key Points: 
  • This strategic move marks the launch of Dispo.Travel , an innovative digital platform tailored for the German market, revolutionizing the way customers interact with passenger transportation services.
  • For years, OsaBus has been synonymous with high-quality transportation solutions, offering a diverse fleet ranging from private sedans to spacious buses.
  • This digital transformation is a testament to the company's commitment to staying at the forefront of the transport industry, ensuring unparalleled accessibility and convenience for its customers.
  • "This platform is the culmination of years of industry expertise, customer feedback, and technological advancement, all geared towards making OsaBus more accessible and user-friendly."

GM Financial Announces 2023 Auction of the Year Winners

Retrieved on: 
Wednesday, March 27, 2024

GM Financial today named five regional Auction of the Year winners for 2023, one Most Valuable Auction of the Year, and for the first time, awarded a Perfect Audit Score.

Key Points: 
  • GM Financial today named five regional Auction of the Year winners for 2023, one Most Valuable Auction of the Year, and for the first time, awarded a Perfect Audit Score.
  • These prestigious awards are part of GM Financial’s annual Auction of Excellence program recognizing the nation’s highest-performing auction locations.
  • 2023 Regional Auction of the Year Winners:
    America’s Auto Auction Columbus Fair — Obetz, Ohio
    Southern Auto Auction — East Windsor, Connecticut
    Manheim Nashville — Mount Juliet, Tennessee
    2023 Most Valuable Auction of the Year:
    “Thank you for recognizing Manheim Pennsylvania with this prestigious award,” said Joey Hughes, Manheim Pennsylvania Vice President and General Manager.
  • We are grateful for our continued collaboration with GM Financial and look forward to continuing to exceed their expectations,” he said.