Other Automotive

AJAX I and Cazoo Announce Cazoo’s First Quarter Fiscal 2021 Earnings Release Date, Conference Call and Webcast

Friday, May 14, 2021 - 10:20pm

The Conference ID is 1144830.

Key Points: 
  • The Conference ID is 1144830.
  • The proxy statement/prospectus will be sent to all AJAX shareholders and Listco and AJAX will also file other documents regarding the proposed business combination with the SEC.
  • Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions.
  • These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

Outlook on the Automotive Electrical Connectors Global Market to 2028 - Rising Development in Battery Systems Presents Opportunities - ResearchAndMarkets.com

Friday, May 14, 2021 - 5:47pm

b'The "Automotive Electrical Connectors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Vehicle Type, and Powertrain Type" report has been added to ResearchAndMarkets.com\'s offering.\nThe global automotive electrical connectors market is segmented into five major regions - North America, Europe, APAC, MEA, and SAM.

Key Points: 
  • b'The "Automotive Electrical Connectors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Vehicle Type, and Powertrain Type" report has been added to ResearchAndMarkets.com\'s offering.\nThe global automotive electrical connectors market is segmented into five major regions - North America, Europe, APAC, MEA, and SAM.
  • Also, owing to increased adoption of passenger cars, the Asian market is expected to witness massive growth in the automotive electrical connectors market during the forecast period.
  • Therefore, the adoption of automotive electrical connectors to improve power transmission of vehicles is rising in these countries.
  • This factor encourages automotive electrical connector providers to increase their focus on developing or innovating automotive electrical connectors with a high voltage range.\nThe overall automotive electrical connectors market size has been derived using both primary and secondary sources.

All-New 2022 Nissan Pathfinder Rolls off Assembly Line

Friday, May 14, 2021 - 3:05pm

b"The first all-new 2022 Nissan Pathfinder rolled off the assembly line today at the award-winning Nissan Smyrna Vehicle Assembly Plant in Tennessee.\nThis press release features multimedia.

Key Points: 
  • b"The first all-new 2022 Nissan Pathfinder rolled off the assembly line today at the award-winning Nissan Smyrna Vehicle Assembly Plant in Tennessee.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210514005353/en/\nProduction of the all-new 2022 Nissan Pathfinder is officially underway at the award-winning Nissan Smyrna Vehicle Assembly Plant in Tennessee.
  • (Photo: Business Wire)\n\xe2\x80\x9cStart of production of the new Pathfinder marks another major milestone in our Nissan NEXT momentum story,\xe2\x80\x9d says Jeff Younginer, vice president, Nissan Smyrna Vehicle Assembly Plant.
  • \xe2\x80\x9cThe Smyrna plant team is thrilled to put the newest version of this iconic vehicle on the road for customers.\xe2\x80\x9d\nThe all-new Pathfinder, alongside the upcoming all-new 2022 Nissan Frontier , gives Nissan one of the freshest lineups in the industry.

QuantumScape and Volkswagen Sign Agreement to Select Location for Joint Venture Pilot-Line Facility

Friday, May 14, 2021 - 1:48pm

b'QuantumScape Corporation , (NYSE: QS, or \xe2\x80\x9cQuantumScape\xe2\x80\x9d) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021.

Key Points: 
  • b'QuantumScape Corporation , (NYSE: QS, or \xe2\x80\x9cQuantumScape\xe2\x80\x9d) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021.
  • The companies currently contemplate Salzgitter, Germany for the location.\nThe pilot-line facility, QS-1, will initially be a 1-gigawatt hour (GWh) battery cell commercial production plant for electric vehicle batteries.
  • QuantumScape and Volkswagen intend to expand production capacity by a further 20 GWh at the same location.\n\xe2\x80\x9cOur goal has been to bring our solid-state lithium-metal batteries to market as soon as possible,\xe2\x80\x9d said Jagdeep Singh, CEO and co-founder of QuantumScape.
  • In its Q1 Shareholder Letter , QuantumScape highlighted progress on that front as well, securing a facility in San Jose to house the QS-0 line.

Fisker and Foxconn Sign Framework Agreements for Project PEAR; Confirming Manufacturing to Start in U.S. From Q4 2023

Thursday, May 13, 2021 - 10:00pm

Manufacturing to commence first in the United States with several locations under consideration by Fisker and Foxconn.

Key Points: 
  • Manufacturing to commence first in the United States with several locations under consideration by Fisker and Foxconn.
  • Other global manufacturing sites under study for future production, supporting projected annual volumes of more than 250,000 units across multiple sites.
  • (Photo: Business Wire)\nUnder the agreements, Fisker and Foxconn will jointly invest into Project PEAR, with each company taking proceeds from the successful delivery of the program.
  • Following an extensive review of potential U.S. manufacturing sites, the two companies will expedite a manufacturing plan capable of supporting the projected Q4 2023 start of production.

Advance Auto Parts to Report First Quarter 2021 Earnings on June 2, 2021

Thursday, May 13, 2021 - 9:30pm

b'Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, will report its first quarter 2021 results before the market opens on Wednesday, June 2, 2021.

Key Points: 
  • b'Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, will report its first quarter 2021 results before the market opens on Wednesday, June 2, 2021.
  • Interested parties can listen to the event via a webcast scheduled to begin at 8:00 a.m. Eastern Time on Wednesday, June 2, 2021.
  • A replay of the conference call will be available on the Advance website for one year.\nAdvance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers.
  • As of January 2, 2021, Advance operated 4,806 stores and 170 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands.

Vontier to Present at Bank of America Securities 2021 Virtual Transportation, Airlines, and Industrials Conference

Thursday, May 13, 2021 - 9:30pm

b'Vontier Corporation (\xe2\x80\x9cVontier\xe2\x80\x9d) (NYSE: VNT) today announced that President and Chief Executive Officer, Mark Morelli, and Senior Vice President and Chief Financial Officer, David Naemura, will be presenting at Bank of America Securities 2021 Virtual Transportation, Airlines, and Industrials Conference on Thursday, May 20, 2021 at 2:00 p.m.

Key Points: 
  • b'Vontier Corporation (\xe2\x80\x9cVontier\xe2\x80\x9d) (NYSE: VNT) today announced that President and Chief Executive Officer, Mark Morelli, and Senior Vice President and Chief Financial Officer, David Naemura, will be presenting at Bank of America Securities 2021 Virtual Transportation, Airlines, and Industrials Conference on Thursday, May 20, 2021 at 2:00 p.m.
  • The audio will be simultaneously webcast and will be archived on www.vontier.com .\nVontier is a global industrial technology company focused on transportation and mobility solutions.
  • The company\xe2\x80\x99s portfolio of trusted brands includes market-leading expertise in mobility technologies, retail and commercial fueling, fleet management, telematics, vehicle diagnostics and repair, and smart cities end-markets.
  • Vontier is mobilizing the future to create a better world.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005885/en/\n'

Holley Reports First Quarter 2021 Results; Raises Full Year Targets

Thursday, May 13, 2021 - 1:00pm

I want to thank all of our associates for their unwavering dedication to Holley and our enthusiast consumers.

Key Points: 
  • I want to thank all of our associates for their unwavering dedication to Holley and our enthusiast consumers.
  • Organic growth for comparable brands contributed $27 million of year-over-year net sales growth, representing slightly over one-half of the year-over-year increase.
  • Included in our organic growth, direct-to-consumer sales grew from $13.6 million last year to $19.7 million this year, representing an increase of over 44% for the quarter.
  • Electronic and exhaust products drove the majority of the organic growth in the quarter.

Lenders Need to Evolve as Auto Sales in Canada Move Online, J.D. Power Finds

Thursday, May 13, 2021 - 1:00pm

b"After a full year of COVID-19 realities, auto dealerships and auto sales in Canada continue a rapid transformation toward online interactions and transactions.

Key Points: 
  • b"After a full year of COVID-19 realities, auto dealerships and auto sales in Canada continue a rapid transformation toward online interactions and transactions.
  • Power.
  • The study was fielded in February 2021.\nFor more information about the Canada Dealer Financing Satisfaction Study, visit https://canada.jdpower.com/financial-services/canada-dealer-financing-sa... .\nJ.D.
  • Power is headquartered in Troy, Mich., and has offices in North America, Europe and Asia Pacific.