Other Automotive

HyreCar Expands Sales Leadership Team

Thursday, November 21, 2019 - 8:25pm

Our commercial initiatives have begun to accelerate car supply in the key markets were focused on, said Joe Furnari, HyreCar CEO.

Key Points: 
  • Our commercial initiatives have begun to accelerate car supply in the key markets were focused on, said Joe Furnari, HyreCar CEO.
  • This continues the work that HyreCar began in the summer of 2019 to expand its commercial and dealership initiatives to accelerate car supply for ridesharing drivers.
  • Mr. Fitzgerald has been leading the team nationally since July of 2019, and Mr. Karwal recently joined the team.
  • Mr. Fitzgerald brings over 20 years of automotive dealer sales and management experience to HyreCar, leading teams across major automotive brands including CarSaver at Walmart, Edmunds and AutoNation.

HGreg.com Receives Prestigious Auto Group of the Year Award

Thursday, November 21, 2019 - 4:22pm

HGreg.com, one of the fastest growing automotive groups in North America, was named Auto Group of the Year at the 2019 Used Car Week Awards held in Las Vegas, November 12.

Key Points: 
  • HGreg.com, one of the fastest growing automotive groups in North America, was named Auto Group of the Year at the 2019 Used Car Week Awards held in Las Vegas, November 12.
  • View the full release here: https://www.businesswire.com/news/home/20191121005739/en/
    John Hairabedian, president of HGreg.com (left), receives from Keith Crerar, vice president, global operations at TradeRev, the Auto Group of the Year Award in Las Vegas, Nov. 12, 2019.
  • (Photo: Business Wire)
    Organized by Auto Remarketing and Used Car Week, the Used Car Awards is the premier business awards program in the North American pre-owned automotive industry.
  • Award recipients were invited to attend a special Used Car Awards luncheon during Used Car Week, Nov. 11-14 in Red Rock, Las Vegas.

RAM 1500: Top Three Infotainment Offering, Finds Strategy Analytics

Thursday, November 21, 2019 - 3:09pm

A new user experience evaluation from the In-Vehicle UX (IVX) group at Strategy Analytics has assessed the 2019 version of the Ram 1500 pickup truck for the North American market.

Key Points: 
  • A new user experience evaluation from the In-Vehicle UX (IVX) group at Strategy Analytics has assessed the 2019 version of the Ram 1500 pickup truck for the North American market.
  • As such, the Ram 1500 sits within the top three infotainment systems benchmarked by Strategy Analytics in the last eight years.
  • With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success.
  • IVX forms part of the User Experience Innovation Practice (UXIP) at Strategy Analytics.

Travelers Institute Teams Up With Carnegie Mellon University and RAND Corporation to Host Automated Vehicle Symposium

Thursday, November 21, 2019 - 1:05pm

The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), will host a symposium today at Carnegie Mellon University.

Key Points: 
  • The Travelers Institute , the public policy division of The Travelers Companies, Inc. (NYSE: TRV ), will host a symposium today at Carnegie Mellon University.
  • In addition, more than two-thirds of those surveyed feel that semiautonomous technology would reduce their ability to react quickly behind the wheel.
  • Todays symposium, held in partnership with the RAND Institute for Civil Justice and Carnegie Mellon Universitys Traffic21 Institute, will begin at 11:30 a.m.
  • ET and feature a panel discussion moderated by Woodward, which will include:
    James Anderson, Director, Justice Policy Program; Director, RAND Institute for Civil Justice; Senior Behavioral Scientist; RAND Corporation.

Cummins Shares Plans to Deliver Long-term Growth and Increased Profitability

Thursday, November 21, 2019 - 12:30pm

Our leadership in powertrain technology has been instrumental in driving strong returns for Cummins shareholders, Tom Linebarger, Chairman and CEO, said at the meeting.

Key Points: 
  • Our leadership in powertrain technology has been instrumental in driving strong returns for Cummins shareholders, Tom Linebarger, Chairman and CEO, said at the meeting.
  • The Company shared its plans to leverage its customer relationships and application knowledge to support OEMs and end users as they broaden the number of powertrains in their vehicles and equipment.
  • Cummins has the financial strength to keep investing through the cycle and return cash to shareholders, Mr. Smith stated.
  • See how Cummins is powering a world thats Always On by accessing news releases and more information at https://www.cummins.com/always-on .

Toyoda Gosei Develops Radiator Grille for Sporty Vehicle Exterior

Thursday, November 21, 2019 - 4:00am

Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed an automobile radiator grille that gives vehicles a sportier feel, using paint with a brilliant black luster that imparts a striking feeling of depth.

Key Points: 
  • Toyoda Gosei Co., Ltd. (TOKYO:7282) has developed an automobile radiator grille that gives vehicles a sportier feel, using paint with a brilliant black luster that imparts a striking feeling of depth.
  • In recent years it has developed radiator grilles and other exterior products with lustrous paint containing a metallic material that reflects light.
  • This produces a difference in brightness between the face surface and inner facet of the radiator grille that is forty percent higher than before.
  • Toyoda Gosei will continue to refine its decorative technology and develop products that contribute to attractive vehicle design.

Global Automotive Financing Market 2018-2022 | Increasing Investments in Autonomous Vehicles to Boost Growth | Technavio

Wednesday, November 20, 2019 - 6:00pm

The global automotive financing market is expected to post a CAGR of more than 3% during the period 2018-2022, according to the latest market research report by Technavio.

Key Points: 
  • The global automotive financing market is expected to post a CAGR of more than 3% during the period 2018-2022, according to the latest market research report by Technavio.
  • View the full release here: https://www.businesswire.com/news/home/20191120005722/en/
    Technavio has announced its latest market research report titled global automotive financing market 2018-2022.
  • The presence of such financial programs is positively influencing the growth of the global automotive financing market.
  • With the growth of the autonomous car market, the demand for automotive financing will increase during the forecast period.

Foresight to Present at 12th Annual LD Micro Main Event

Wednesday, November 20, 2019 - 1:00pm

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that Eli Yoresh, Chief Financial Officer, and Doron Cohadier, Vice President of Business Development, will present at the 12th Annual LD Micro Main Event, on Tuesday December 10, 2019 at 11:20 am PST/ 2:20 pm EST at the Luxe Sunset Boulevard Hotel in Los Angeles, CA.

Key Points: 
  • Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that Eli Yoresh, Chief Financial Officer, and Doron Cohadier, Vice President of Business Development, will present at the 12th Annual LD Micro Main Event, on Tuesday December 10, 2019 at 11:20 am PST/ 2:20 pm EST at the Luxe Sunset Boulevard Hotel in Los Angeles, CA.
  • LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space.
  • What started out as a newsletter highlighting unique companies has transformed into several influential conferences annually (Invitational, Summit, and Main Event).
  • Through the companys wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both in-line-of-sight vision systems and beyond-line-of-sight cellular-based applications.

Kerrigan Advisors Represents El Monte Honda in Its Sale – The 10th Honda Dealership Kerrigan Advisors Has Represented for Sale since 2015

Wednesday, November 20, 2019 - 2:00pm

This transaction marks the 81st dealership, and 10th Honda dealership, sold by Kerrigan Advisors since July 2015, making the firm the most active sell-side advisor in the auto retail industry.

Key Points: 
  • This transaction marks the 81st dealership, and 10th Honda dealership, sold by Kerrigan Advisors since July 2015, making the firm the most active sell-side advisor in the auto retail industry.
  • El Monte Honda has been serving the Southern California community for decades, said dealership partner Steve Nelson.
  • This has been among the smoothest transactions we have been party to, which would not have been possible without Kerrigan Advisors.
  • The buyer demand that we saw in the marketplace for El Monte Honda reflects the strength of todays buy/sell market for top franchises, such as Honda, said Ryan Kerrigan, Managing Director of Kerrigan Advisors.

Cooper Tire Names Ben Patel Senior Vice President & Chief Technology Officer

Wednesday, November 20, 2019 - 6:00pm

Cooper Tire & Rubber Company (NYSE: CTB) has named Ben Patel Senior Vice President & Chief Technology Officer (CTO).

Key Points: 
  • Cooper Tire & Rubber Company (NYSE: CTB) has named Ben Patel Senior Vice President & Chief Technology Officer (CTO).
  • View the full release here: https://www.businesswire.com/news/home/20191120005170/en/
    Cooper Tire has named Ben Patel Senior Vice President & Chief Technology Officer.
  • He came to Cooper following eight years at Tenneco, Inc., where he most recently served as Senior Vice President, Chief Technology Officer.
  • Ben is an experienced and talented leader, said Cooper Tire President & Chief Executive Officer Brad Hughes.