Aftermarket

All-new 2025 INFINITI QX80 reimagines the luxury SUV

Retrieved on: 
Wednesday, March 20, 2024
Retail, Automotive Manufacturing, Manufacturing, Other Automotive, Women, Performance & Special Interest, Luxury, Off-Road Trucks & SUVs, Parenting, Men, General Automotive, Aftermarket, Family, Automotive, Consumer, Vehicle Technology, Knee, Friends, Friction, Light-emitting diode, 4WD, Child, Eye, Classic, USB, System, Cruise control, Elegance, Safety, Access, Torque, Accessibility, Language, Invisible Hood, Hand, Projection, Personal, Snow, Acceleration, Google Maps, Lane departure warning system, Tri-Power, LUXE, Grill, Aluminium, LED, SUV, Engineering, Element, Temperature, Attention, Smartphone, Journey, Heat, Paint, Light, Water, Atmosphere, Lighting, Music, Telescopic sight

The all-new 2025 INFINITI QX80 is the first model to showcase the latest evolution of INFINITI design, building on long-standing expertise in craftsmanship and detailing.

Key Points: 
  • The all-new 2025 INFINITI QX80 is the first model to showcase the latest evolution of INFINITI design, building on long-standing expertise in craftsmanship and detailing.
  • The 2025 INFINITI QX80 is the first vehicle in the full-size luxury SUV segment with Klipsch® premium audio systems, reflecting the priority luxury clients place on highly accurate, lifelike sound for entertainment.
  • Luggage space has increased in the all-new 2025 INFINITI QX80, making it even simpler to bring along all of life’s needs.
  • As the flagship SUV in the INFINITI range, the 2025 QX80 delivers confident, capable performance balanced with refinement.

Holley Announces Shift to Holley Performance Brands to Accelerate Growth

Retrieved on: 
Wednesday, March 20, 2024
Trucking, Aftermarket, Automotive, General Automotive, Engineering, Transport, Automotive Manufacturing, Manufacturing, Performance & Special Interest, Off-Road Trucks & SUVs, Growth, Inc., Safety, News, Holley Performance Products, Multimedia, Marketing, Retail

Holley Inc. (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced the strategic evolution of its operations branding from Holley Performance Products to Holley Performance Brands .

Key Points: 
  • Holley Inc. (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced the strategic evolution of its operations branding from Holley Performance Products to Holley Performance Brands .
  • As Holley Performance Brands, the company is emphasizing a broadened mission that respects its storied legacy while aiming to accelerate future growth and innovation.
  • "The rebranding to Holley Performance Brands marks a significant milestone in our journey," said Matthew Stevenson, President and Chief Executive Officer, Holley.
  • This change propels us into an exciting new era of automotive performance and reflects that Holley Performance Brands is not just about parts but part of something more powerful.”
    The Holley Performance Brands portfolio harnesses the collective strength of its iconic brands to create a cohesive and dynamic customer experience designed to deliver unparalleled enjoyment, performance, and safety.

U-Haul Holding Company to Participate in the Granite Research Virtual Conference Series

Retrieved on: 
Tuesday, March 19, 2024
Other Transport, Trucking, Construction & Property, Aftermarket, Automotive, Transport, Other Automotive, Other Construction & Property, Fleet Management, Conference, UHAL, U-Haul

U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., North America’s largest “do-it-yourself” moving and self-storage company, will participate in the Granite Research Virtual Conference Series on Wednesday, Mar.

Key Points: 
  • U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., North America’s largest “do-it-yourself” moving and self-storage company, will participate in the Granite Research Virtual Conference Series on Wednesday, Mar.
  • 20 and Thursday, Mar.
  • 21.
  • Members of the management team will host meetings with institutional investors.

Cabot Corporation Launches New PROPEL® E8 Engineered Reinforcing Carbon Black for Tire Tread Applications

Retrieved on: 
Monday, March 18, 2024
Environment, Alternative Vehicles, Fuels, EV, Electric Vehicles, Aftermarket, Automotive, Chemicals, Plastics, Automotive Manufacturing, Manufacturing, Sustainability, EVS, E7, Corporation, ASTM, PROPEL, E6, ICE, Carbon, Torque, Cabot Corporation, Tire manufacturing

Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications.
  • The PROPEL E8 grade complements Cabot’s existing solutions within the PROPEL E series, which are also suitable for use in high-performance tires.
  • The PROPEL E8 solution enables better rolling resistance when compared to ASTM N200 and N100 carbon black grades.
  • For more information about Cabot’s comprehensive suite of products for EV tires and high-performance tire tread applications, visit cabotcorp.com/tire .

Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt

Retrieved on: 
Monday, March 18, 2024
Technology, Other Automotive, Defense, Recreational Vehicles, Performance & Special Interest, Other Defense, Fleet Management, Aftermarket, Finance, Automotive, Professional Services, Other Transport, Trucking, Vehicle Technology, Transport, Other Manufacturing, Other Technology, General Automotive, Other Construction & Property, Engineering, Construction & Property, Automotive Manufacturing, Manufacturing, ALSN, Senior, Amendment, Debtor, Security (finance)

Allison Transmission Holdings Inc. (NYSE: ALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”).

Key Points: 
  • Allison Transmission Holdings Inc. (NYSE: ALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”).
  • Pursuant to the Amendment, the Borrower increased its commitments under its revolving credit facility from $650 million to an aggregate principal amount of $750 million, extended the maturity date thereof from 2025 to March 13, 2029, and removed a 0.10% credit spread adjustment to the SOFR benchmark for all available interest periods.
  • Also pursuant to the Amendment, the Borrower refinanced $518 million of term loan debt, paid down approximately $100 million of existing term loan debt, extended the maturity date thereof from 2026 to March 13, 2031, and removed a 0.10% credit spread adjustment to the SOFR benchmark for all available interest periods, while maintaining the SOFR plus 175 interest rate.
  • “As a result of this offering, we were able to increase the capacity under our revolving credit facility and reduce the effective interest rate on our term loan debt, while extending out maturities so that our earliest maturity on our long-term debt is now in 2027.”

Holley Performance Brands Set to Engage Nearly Half Million High-Performance Enthusiasts During Exciting 2024 Event Season

Retrieved on: 
Thursday, March 14, 2024
Vehicle Technology, Women, Automotive, Sports, Men, Other Retail, Specialty, Consumer, General Automotive, Retail, Motor Sports, Other Transport, Marketing, Communications, Other Automotive, Transport, Performance & Special Interest, Off-Road Trucks & SUVs, Other Consumer, Online Retail, Aftermarket, Growth, NMRA, Safety, Mopar, News, Texas Motor Speedway, Beech Bend, Multimedia, PRI, Video game

Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced its full schedule of experiential marketing events taking place in 2024.

Key Points: 
  • Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced its full schedule of experiential marketing events taking place in 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240314667585/en/
    This year’s lineup features the return of flagship Holley events, including multiple Holley LS Fests, Holley Ford Festival and MoParty .
  • Holley anticipates engaging as many as 500,000 enthusiasts and customers across its comprehensive events season.
  • Holley will be back at Beech Bend to conclude its 2024 event season with the Holley Ford Festival September 26-29.

REV Group, Inc. Announces Pricing of Secondary Offering of Common Stock

Retrieved on: 
Thursday, March 14, 2024
Trucking, Aftermarket, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, Fleet Management, REVG, Telephone, Offering, Form, REV Group, EDGAR, Sale, Attention, Security (finance), Morgan Stanley, Varick Street, Parallel, 2nd Floor

REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the pricing of the previously announced underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”) at an offering price of $18.00 per share.

Key Points: 
  • REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the pricing of the previously announced underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”) at an offering price of $18.00 per share.
  • The Offering is expected to close on March 15, 2024, subject to customary closing conditions.
  • Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers for the Offering.
  • The Offering will be made only by means of a prospectus supplement and the accompanying base prospectus.

Europcar Mobility Group Reaches New Key Milestones in its “Connected Vehicles” program:

Retrieved on: 
Wednesday, March 13, 2024
Technology, General Automotive, Fleet Management, Automotive Manufacturing, Manufacturing, Aftermarket, Apps, Applications, Automotive, Vehicle Technology, Software, Networks, Other Automotive, Data Management, Performance & Special Interest, Partnership, Ford, Multimedia, European, 2600-series (CTA), Car rental

Europcar Mobility Group pushes forward its ambition to connect all the vehicles in its fleet by the end of 2024 and, in that perspective, is ramping up its "Connected Vehicles" program.

Key Points: 
  • Europcar Mobility Group pushes forward its ambition to connect all the vehicles in its fleet by the end of 2024 and, in that perspective, is ramping up its "Connected Vehicles" program.
  • To date, 125,000 vehicles in the Europcar Mobility Group fleet - all brands combined (Europcar, Goldcar, Ubeeqo) - are connected, out of a fleet of around 250,000 vehicles, which represents a significant milestone.
  • Moving towards a fully connected fleet will further allow us to automate certain tasks such as fleet inventory, invoicing, etc.
  • Chris Miller, Data Services Manager, Ford Pro Intelligence, commented: “Europcar Mobility Group have successfully delivered a clearly defined and well executed connectivity strategy, and Ford is delighted to support the program as a partner.

REV Group, Inc. Announces Launch of Secondary Offering of Common Stock

Retrieved on: 
Wednesday, March 13, 2024
Trucking, Aftermarket, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, REVG, Telephone, Offering, Form, REV Group, EDGAR, Sale, Attention, Security (finance), Morgan Stanley, Varick Street, Parallel, 2nd Floor

REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the launch of an underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”).

Key Points: 
  • REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the launch of an underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”).
  • The proposed offering is subject to market and other conditions, as well as customary closing conditions.
  • Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers for the Offering.
  • The underwriters intend to offer the shares of common stock to the public at a fixed price, which may be changed at any time without notice.