General Automotive

PPG Reports First Quarter 2020 Financial Results

Retrieved on: 
Monday, April 27, 2020

PPG (NYSE:PPG) today reported first quarter 2020 net sales of about $3.4 billion, down approximately 7% versus the prior year.

Key Points: 
  • PPG (NYSE:PPG) today reported first quarter 2020 net sales of about $3.4 billion, down approximately 7% versus the prior year.
  • For the first quarter 2020, the reported and adjusted effective tax rates were both about 22%, as expected.
  • PPG will provide detailed commentary regarding its financial performance, including presentation-slide content, on the PPG Investor Center at www.ppg.com at 5 p.m.
  • The company will hold a conference call to review its first quarter 2020 financial performance tomorrow at 8 a.m.

VSE Corporation Announces $26.6 Million Order

Retrieved on: 
Monday, April 27, 2020

VSE anticipates weekly shipments to commence soon, with delivery of all supplies completed during the second or third quarter of 2020.

Key Points: 
  • VSE anticipates weekly shipments to commence soon, with delivery of all supplies completed during the second or third quarter of 2020.
  • For more than 60 years, VSE distinguished itself as a trusted strategic partner to the U.S. government, capable of supplying the highest quality equipment, services and expertise crucial to the safety and well-being of our public agencies and military in their time of need, stated John Cuomo, President and CEO of VSE Corporation.
  • In recent weeks, we were called upon to procure COVID-19 related supplies for the federal government as it responds to the threat posed by COVID-19.
  • VSE also provides information technology and energy technical and advisory services.

Automotive Gear Position Sensor Market 2019-2023 | Adoption of Automatic Transmission System to Boost Growth | Technavio

Retrieved on: 
Monday, April 27, 2020

Our automotive gear position sensor market report covers the following areas:

Key Points: 
  • Our automotive gear position sensor market report covers the following areas:
    This study identifies development of triple-clutch transmission system as one of the prime reasons driving the automotive gear position sensor market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the automotive gear position sensor market, including some of the vendors such as Continental AG, Honeywell International Inc., Infineon Technologies AG, TE Connectivity Corp., and ZF Friedrichshafen AG.
  • Backed with competitive intelligence and benchmarking, our research reports on the automotive gear position sensor market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Two-wheeler Brake Pads Market 2019-2023 | Adoption of Disc Brakes to Boost Growth | Technavio

Retrieved on: 
Monday, April 27, 2020

Our two-wheeler brake pads market report covers the following areas:

Key Points: 
  • Our two-wheeler brake pads market report covers the following areas:
    This study identifies development of green brake pads as one of the prime reasons driving the two-wheeler brake pads market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the two-wheeler brake pads market, including some of the vendors such as EBC Brakes, Lyndall Racing Brakes LLC, Nisshinbo Holdings Inc., Scandinavian Brake Systems AS, and Tenneco Inc.
  • Backed with competitive intelligence and benchmarking, our research reports on the two-wheeler brake pads market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

AYRO Announces Third Quarter European Market Expansion with Strategic Partner Club Car

Retrieved on: 
Monday, April 27, 2020

AYRO, Inc., ( www.ayro.com ) designer and manufacturer of purpose-built compact, light-duty emissions-free electric vehicles for urban, commercial, consumer and government markets, announces the companys planned 2020 third quarter expansion into the European market.

Key Points: 
  • AYRO, Inc., ( www.ayro.com ) designer and manufacturer of purpose-built compact, light-duty emissions-free electric vehicles for urban, commercial, consumer and government markets, announces the companys planned 2020 third quarter expansion into the European market.
  • Ayro believes that the European market is ripe for purpose-built compact EVs like the Club Car 411.
  • AYROs partnership with Club Car is the key to our planned expansion of AYRO purpose-built electric fleet vehicles into international markets.
  • About Club Car and Ingersoll Rand:
    Ingersoll Rand (NYSE:IR) advances the quality of life by creating comfortable, sustainable and efficient environments.

Kerrigan Advisors Offers Financial Restructuring & Turnaround Services to Auto Dealers

Retrieved on: 
Monday, April 27, 2020

Kerrigan Advisors, in the wake of the global economic shock caused by the new coronavirus (COVID-19), has added confidential financial restructuring and turnaround services for auto dealerships to its consulting practice.

Key Points: 
  • Kerrigan Advisors, in the wake of the global economic shock caused by the new coronavirus (COVID-19), has added confidential financial restructuring and turnaround services for auto dealerships to its consulting practice.
  • Kerrigan Advisors provides counsel to dealers during the critical strategic planning phase of restructuring and assists with operational performance issues and turnaround requirements.
  • Collectively, the expertise of the Kerrigan Advisors team has proven invaluable in helping auto dealerships survive through financial hardship, continued Kerrigan.
  • Kerrigan Advisors also publishes The Kerrigan Index, the only monthly report tracking the seven publicly traded auto retail companies.

Telenav Software Attains Automotive SPICE Level 2 Certification

Retrieved on: 
Monday, April 27, 2020

Telenav, Inc. (NASDAQ: TNAV), a leading provider of connected-car and location-based services, announced today that software it is developing for a major international automobile manufacturer has achieved Automotive SPICE Level 2 Certification.

Key Points: 
  • Telenav, Inc. (NASDAQ: TNAV), a leading provider of connected-car and location-based services, announced today that software it is developing for a major international automobile manufacturer has achieved Automotive SPICE Level 2 Certification.
  • Level 2 certification means that Telenav meets the rigorous global standard for safety and reliability thats critical for developing, deploying, and sustaining automotive-grade software.
  • Compliance with Automotive SPICE Level 2 demonstrates that Telenav is capable of adhering to state-of-the-art international automotive product-development standards for software development and associated management processes, stated Sal Dhanani, Telenav Co-Founder and Chief Operating Officer.
  • Automotive SPICE Level 2 Certification demonstrates Telenav software products are:
    The independent assessment was performed by Kugler Maag Cie, an accredited assessment institute and one of the most reliable and recognized independent assessment companies in the automotive industry.

Xpeng P7 Launches in China

Retrieved on: 
Monday, April 27, 2020

With superior autonomy and connectivity, the Xpeng P7 incorporates many breakthroughs and firsts.

Key Points: 
  • With superior autonomy and connectivity, the Xpeng P7 incorporates many breakthroughs and firsts.
  • The Xpeng P7 has the strongest autonomous driving architecture among production vehicles in China.
  • The Xpeng P7 is immediately available in China in various configurations, starting from RMB 229,900 349,900 (US$32,462 49,404) post subsidies.
  • Xpeng Motors is headquartered in Guangzhou, China with offices in Beijing, Shanghai, Silicon Valley and San Diego in the U.S. and manufacture centers in Zhengzhou and Zhaoqing.

Pre & Post COVID-19 Market Estimates- Automotive Brake Override System Market 2019-2023 | Growing Adoption of BEVs to Boost Growth | Technavio

Retrieved on: 
Monday, April 27, 2020

Our automotive brake override system market report covers the following areas:

Key Points: 
  • Our automotive brake override system market report covers the following areas:
    This study identifies advances in advanced driver-assistance systems (ADAS) technology as one of the prime reasons driving the automotive brake override system market growth during the next few years.
  • Automotive Brake Override System Market 2019-2023: Vendor Analysis
    We provide a detailed analysis of vendors operating in the automotive brake override system market, including some of the vendors such as Ford Motor Co., Honda Motor Co. Ltd., Hyundai Motor Co., Nissan Motor Co. Ltd., and Toyota Motor Corp.
  • Backed with competitive intelligence and benchmarking, our research reports on the automotive brake override system market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Automotive Brake Override System Market 2019-2023: Key Highlights

Pre & Post COVID-19 Market Estimates-Automotive Microcontrollers Market 2019-2023 | Increased Electronic Content in Vehicles to Boost Growth | Technavio

Retrieved on: 
Saturday, April 25, 2020

Our automotive microcontrollers market report covers the following areas:

Key Points: 
  • Our automotive microcontrollers market report covers the following areas:
    This study identifies development of new flash technology in automotive microcontrollers as one of the prime reasons driving the automotive microcontrollers market growth during the next few years.
  • We provide a detailed analysis of vendors operating in the automotive microcontrollers market, including some of the vendors such as Infineon Technologies AG, NXP Semiconductors NV, Renesas Electronics Corp., STMicroelectronics International NV, and Texas Instruments Inc.
  • Backed with competitive intelligence and benchmarking, our research reports on the automotive microcontrollers market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.