Other Automotive

Pioneer Achieves 51% Year-Over-Year Increase in Revenue, Reaching $40.8 Million

Retrieved on: 
Monday, April 1, 2024

Revenue was $40.8 million, as compared to $27.0 million during 2022, an increase of 51.1%.

Key Points: 
  • Revenue was $40.8 million, as compared to $27.0 million during 2022, an increase of 51.1%.
  • Loss from operations was $617,000, compared to a loss of $4.0 million during 2022, a $3.4 million improvement year-over-year.
  • The Company recognized $1.5 million of non-cash, stock-based compensation expense during 2023, as compared to $1.0 million during 2022.
  • Gross profit for 2023 was $10.4 million, or 25.5% of revenue, compared to $4.6 million, or 17.1% of revenues, for last year, an increase of $5.8 million or 840 basis points.

Western Funding Named a Top Workplaces USA 2024 Winner

Retrieved on: 
Monday, April 1, 2024

Western Funding Inc. (WFI), a subsidiary of Westlake Technology Holdings has been recognized as a Top Workplaces USA recipient for 2024.

Key Points: 
  • Western Funding Inc. (WFI), a subsidiary of Westlake Technology Holdings has been recognized as a Top Workplaces USA recipient for 2024.
  • This achievement follows closely after WFI was recognized as a Top Workplace in Nevada for 2023.
  • The recognition is based on results via an anonymous employee survey conducted in collaboration with employee engagement technology partner, Energage LLC.
  • This award acknowledges WFI’s continued commitment to creating a positive workplace culture, focusing on its employees’ satisfaction, engagement, and growth.

1990 Nissan Pathfinder: Rugged for real life

Retrieved on: 
Thursday, March 28, 2024

Revealed in August 1986, the Nissan Pathfinder – called Terrano in the Japanese market – was developed with a bold goal in mind.

Key Points: 
  • Revealed in August 1986, the Nissan Pathfinder – called Terrano in the Japanese market – was developed with a bold goal in mind.
  • View the full release here: https://www.businesswire.com/news/home/20240328703193/en/
    Revealed in August 1986, the Nissan Pathfinder – called Terrano in the Japanese market – was developed with a bold goal in mind.
  • Like the iconic Hardbody pickup truck and many other legendary Nissan models , the original Pathfinder was designed in California by Nissan Design International, Inc. (now known as Nissan Design America) .
  • The first-generation Pathfinder (1987-1995) was introduced in the two-door body style shown here, adding a four-door version for the 1990 model year.

Getaround Reports Full Year 2023 Results

Retrieved on: 
Thursday, March 28, 2024

Getaround (NYSE: GETR) (“Getaround'' or “the Company”), the world’s first connected carsharing marketplace, today announced financial results for the year ended December 31, 2023.

Key Points: 
  • Getaround (NYSE: GETR) (“Getaround'' or “the Company”), the world’s first connected carsharing marketplace, today announced financial results for the year ended December 31, 2023.
  • Subsequently, in February 2024 the board appointed Eduardo Iniguez as Chief Executive Officer and board member of Getaround.
  • “With proper leadership, adequate funding and thoughtful capital allocation, we should be able to scale the platform Getaround built over the past decade exponentially.
  • “In December 2022, we deployed a new version of our Getaround TrustScore to improve the trust and safety of our marketplace.

Global Automotive Semiconductor Market Outlook & Forecast 2023-2028: A Highly Fragmented $135 Bn Market with Continental, DENSO, Infineon, NXP Semiconductors, Renesas Electronics, and Bosch Dominating - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024

The global automotive semiconductor market is highly fragmented, with many local and international players.

Key Points: 
  • The global automotive semiconductor market is highly fragmented, with many local and international players.
  • The leading global automotive semiconductor market vendors are Robert Bosch, Continental, Infineon Technologies, NXP Semiconductors, DENSO Corporation, Renesas Electronic Corporation, and others.
  • APAC dominated the global automotive semiconductor market with a CAGR of around 12% during the forecast period.
  • The shortage of semiconductors in the global automotive semiconductor market is a significant challenge affecting the global automotive industry.

ComPsych Corporation Announces 2023 Health at Work Award Winners

Retrieved on: 
Thursday, March 28, 2024

ComPsych ® Corporation, the world’s largest provider of mental health services and GuidanceResources® for life, today announced the honorees of the 2023 Health at Work Awards.

Key Points: 
  • ComPsych ® Corporation, the world’s largest provider of mental health services and GuidanceResources® for life, today announced the honorees of the 2023 Health at Work Awards.
  • Now in its 19th year, the ComPsych Health at Work Awards recognize organizations across a variety of sizes, industries and locations who have prioritized the health and well-being of their employees by providing innovative, multi-platform programs.
  • “We’re thrilled to honor these stellar organizations for the investment they’ve made in building cultures that value employee mental health and wellness,” said Dr. Richard A. Chaifetz, Founder, Chairman and CEO of ComPsych.
  • We applaud the winners of this year’s Health at Work Awards for their ongoing commitment to health and well-being of their employees.”
    The 2023 ComPsych Health at Work Award winners are:
    Small Group: Organizations with fewer than 500 employees.

2024 Emerging Trends and Startups Revolutionizing the Mobility Industry - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024

The explores 14 key emerging trends within this sector, shedding light on the dynamic changes driven by innovative startups.

Key Points: 
  • The explores 14 key emerging trends within this sector, shedding light on the dynamic changes driven by innovative startups.
  • This report thoroughly explores the mobility landscape as reshaped by startups, spotlighting their innovative solutions across fourteen key trends.
  • By offering in-depth insights into this dynamic field, the report assists industry stakeholders in identifying promising advanced mobility startups and comprehending the implications of their contributions to the industry.
  • Identify mobility trends: The report helps in decoding key mobility trends and disruptive startups focused on those trends.

The Chemours Company Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 27, 2024

APM segment fourth quarter 2023 Net Sales were $325 million, down 15% compared to the fourth quarter 2022.

Key Points: 
  • APM segment fourth quarter 2023 Net Sales were $325 million, down 15% compared to the fourth quarter 2022.
  • Performance Solutions portfolio’s fourth quarter 2023 Net Sales were $134 million, up 11% vs. the prior-year quarter.
  • Advanced Materials portfolio’s fourth quarter 2023 Net Sales were $191 million, down 27% vs. the prior-year quarter.
  • For the first quarter 2024, we expect consolidated Net Sales to be flat to slightly down sequentially, with consolidated Adjusted EBITDA down approximately 10% compared with fourth quarter 2023 results.

Details of “SusHi Tech Tokyo 2024” Showcase Program Announced

Retrieved on: 
Thursday, March 28, 2024

We are pleased to announce the initial details of the "SusHi Tech Tokyo 2024" Showcase Program, which will take place in the Tokyo Bay area in April and May.

Key Points: 
  • We are pleased to announce the initial details of the "SusHi Tech Tokyo 2024" Showcase Program, which will take place in the Tokyo Bay area in April and May.
  • The program will focus on providing visitors with experiences centered around “Sight,” “Touch,” “Hearing,” and “Taste,” offering a glimpse of the Tokyo of 2050.
  • View the full release here: https://www.businesswire.com/news/home/20240327591172/en/
    SusHi Tech Tokyo 2024 is an international event designed to spark innovation from Tokyo, with the aim of addressing challenges common to cities worldwide and presenting urban models to the global community.
  • The Showcase Program will introduce the latest technologies in various genres, including "Tech," "Mobility," "Food," and "Activity."

Greenlane Announces 280-mile Corridor of Commercial EV Charging Stations from Los Angeles to Las Vegas

Retrieved on: 
Wednesday, March 27, 2024

The new charging corridor along Interstate 15 aims to accelerate the rollout of carbon-neutral freight transportation with initial charging locations in Colton, Barstow and Baker, California.

Key Points: 
  • The new charging corridor along Interstate 15 aims to accelerate the rollout of carbon-neutral freight transportation with initial charging locations in Colton, Barstow and Baker, California.
  • Over the next year, further locations will be added along the corridor, extending beyond Southern Nevada and to San Pedro in California.
  • More 200 kW DCFC charging options onsite will enable long-duration and overnight charging for heavy-duty tractors, medium-duty ZEVs and school buses.
  • Greenlane aims to develop a nationwide network of commercial charging infrastructure locations across the U.S.