General Automotive

Ferro Reports Strong Fourth Quarter Performance, Announces Completion of Tile Coatings Systems Divestiture, and Provides Full Year 2021 Guidance

Thursday, February 25, 2021 - 9:04pm

Ferro products are sold into the building and construction, automotive, electronics, industrial products, household furnishings and appliance markets.

Key Points: 
  • Ferro products are sold into the building and construction, automotive, electronics, industrial products, household furnishings and appliance markets.
  • The Companys reportable segments include: Functional Coatings and Color Solutions.
  • Included within our employee count are approximately 2,100 employees in our foreign consolidated subsidiaries associated with the Tile Coatings Systems business.
  • Webcast replay: Available on Ferros Investor website at ferro.com beginning at approximately 4:30 p.m. Eastern Time on March 2, 2021.

Carvana Announces Fourth Quarter and Full Year 2020 Results

Thursday, February 25, 2021 - 9:05pm

Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter and year ended December 31, 2020.

Key Points: 
  • Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter and year ended December 31, 2020.
  • Carvanas complete fourth quarter and full year 2020 financial results and management commentary can be found by accessing the Companys shareholder letter on the quarterly results page of the investor relations website.
  • 2020 highlighted the strengths of our business model and validated our vision for the future of car buying, said Ernie Garcia, founder and CEO of Carvana.
  • Carvana will host a conference call today, February 25, 2021, at 5:30 p.m. EST (2:30 p.m. PST) to discuss financial results.

Walkinshaw Andretti United Partners with Proven 3D Printing Technology Ready for 2021 Supercar Championship

Thursday, February 25, 2021 - 9:00pm

And it is with such determination to excel, that today, Walkinshaw Andretti United, together with TCL Hofmann and Stratasys Ltd. , jointly announced a partnership agreement to bring the latest 3D printing solution and all the benefits of the cutting-edge technology into the WAU racing team for the 2021 Supercar Championship Season.

Key Points: 
  • And it is with such determination to excel, that today, Walkinshaw Andretti United, together with TCL Hofmann and Stratasys Ltd. , jointly announced a partnership agreement to bring the latest 3D printing solution and all the benefits of the cutting-edge technology into the WAU racing team for the 2021 Supercar Championship Season.
  • To be partnering with TCL Hofmann and Stratasys to advance our manufacturing process is an extremely exciting opportunity for Walkinshaw Andretti United, said Walkinshaw Andretti United Team Principal, Bruce Stewart.
  • Walkinshaw Andretti United was born from three iconic organisations in world motorsport, Walkinshaw Racing, Andretti Autosport, and United Autosports.
  • The three organisations cover the globe, with Walkinshaw Racing based in Australia, Andretti Autosport in America, and United Autosports in Europe.

Outsell Recognized by Automotive Website Awards for Marketing Automation

Thursday, February 25, 2021 - 8:07pm

Outsell won the 2021 Automotive Website Award (AWA) in the Marketing Automation category in a special online event hosted by Brian Pasch on Tuesday, February 23, 2021.

Key Points: 
  • Outsell won the 2021 Automotive Website Award (AWA) in the Marketing Automation category in a special online event hosted by Brian Pasch on Tuesday, February 23, 2021.
  • Dealers who are looking for smart local marketing to connect with in-market customers, and to improve retention and grow market share, should check out the Outsell demo.
  • We are honored to be recognized with this award, said Mike Wethington, Chief Executive Officer at Outsell.
  • Brian has authored nine bestselling books for the automotive industry: "Remote Retailing Blueprint," "Just Faster," "Automotive Marketing Playbook," "Who Sold It?," "Swimming with Digital Sharks," "Mastering Automotive Digital Marketing," "Selling Cars in a Digital Age," "Unfair Advantage," and "Hyper-Local Marketing for Automotive Retail."

Polaris Inc. to Present at The Raymond James Institutional Investors Virtual Conference

Thursday, February 25, 2021 - 7:00pm

Polaris Inc. (NYSE: PII) announced today that it will present at The Raymond James 42nd Annual Institutional Investors Virtual Conference on Wednesday, March 3, 2021 at 10:00 a.m. Eastern Time.

Key Points: 
  • Polaris Inc. (NYSE: PII) announced today that it will present at The Raymond James 42nd Annual Institutional Investors Virtual Conference on Wednesday, March 3, 2021 at 10:00 a.m. Eastern Time.
  • Mike Speetzen, Interim CEO of Polaris, will provide a brief review of the Companys performance as well as an update on current business conditions.
  • A live webcast of the presentation will be available by accessing the Polaris Investor website at ir.polaris.com .
  • Polaris enhances the riding experience with parts, garments and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts.

Award-Winning Classic 1967 Ferrari 275 GTB/4 to Cross Barrett-Jackson Scottsdale Auction Block

Thursday, February 25, 2021 - 5:09pm

Barrett-Jackson , The Worlds Greatest Collector Car Auctions, will auction one of the most desirable vehicles in the world, a stunning red 1967 Ferrari 275 GTB/4 ( Lot #1394 ) during the Scottsdale Auction at WestWorld of Scottsdale, March 20-27, 2021.

Key Points: 
  • Barrett-Jackson , The Worlds Greatest Collector Car Auctions, will auction one of the most desirable vehicles in the world, a stunning red 1967 Ferrari 275 GTB/4 ( Lot #1394 ) during the Scottsdale Auction at WestWorld of Scottsdale, March 20-27, 2021.
  • The Ferrari 275 series was one of the most stunning and enjoyable cars to come from Maranello.
  • This particular no-excuse, real-deal 275 4-cam may be the most enjoyable classic Ferrari you can own.
  • It was critically important to Enzo that the latest version of the Ferrari 275 help the prancing stallion regain its prestige.

Speedway Motorsports Announces Entitlement Partners for Inaugural NASCAR at Circuit of The Americas Race Weekend

Thursday, February 25, 2021 - 4:05pm

The first-ever NASCAR at COTA race week is one of the most anticipated events on the revolutionary 2021 NASCAR schedule, said Speedway Motorsports President and CEO Marcus Smith.

Key Points: 
  • The first-ever NASCAR at COTA race week is one of the most anticipated events on the revolutionary 2021 NASCAR schedule, said Speedway Motorsports President and CEO Marcus Smith.
  • These innovative, dynamic companies join us as entitlement partners to introduce NASCAR fans around the world to Circuit of The Americas.
  • Through the partnership, EchoPark receives naming rights to the inaugural event, as well as entitlement for the NASCAR on FOX FS1 broadcast.
  • Bringing NASCAR to Circuit of The Americas is a ground-breaking move by Speedway Motorsports, said Sonic Automotive and EchoPark Automotive President Jeff Dyke.

Lion Electric to Bring Zero Emission School Buses to California’s Largest School District

Thursday, February 25, 2021 - 2:44pm

This initial order of 10 LionC school buses, which follows Lions recent delivery of all-electric school buses to the Twin Rivers Unified School District in Sacramento, further solidifies Lions leadership in zero-emission school buses in California and North America.

Key Points: 
  • This initial order of 10 LionC school buses, which follows Lions recent delivery of all-electric school buses to the Twin Rivers Unified School District in Sacramento, further solidifies Lions leadership in zero-emission school buses in California and North America.
  • LAUSD is the second largest school district in the United States, serving over 600,000 students in kindergarten through twelfth grade at over 1,000 schools.
  • Lion collaborated closely with the district in order to ensure its buses met the unique requirements posed by its large and diverse footprint.
  • Northern Genesis and Lion Electric anticipate that subsequent events and developments will cause their respective assessments to change.