Performance & Special Interest

Polaris Donates $97,000 to Off-Road Organizations With T.R.A.I.L.S. Grant

Friday, October 23, 2020 - 4:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20201023005220/en/
    Ten nonprofit organizations received a Fall 2020 T.R.A.I.L.S.
  • Grant program is used to improve and enhance trail systems and promote safety throughout the country is meaningful, said Steven Menneto, president of Polaris Off-Road.
  • Organizations can use funds from the grant to increase and maintain land access through trail development, maintenance projects, safety and education initiatives and other projects.
  • Grant program and to apply for a grant, follow this link to the Polaris website: https://www.polaris.com/en-us/trails-application/ .

Affinitiv Partners with Quickride to Deliver a New Automated Concierge Product — Connect Transport

Thursday, October 22, 2020 - 2:00pm

Affinitiv , the leading provider of data-driven marketing and software solutions to the automotive market, announced that they have partnered with Quickride Logistics, Inc. to power their new product Connect Transport.

Key Points: 
  • Affinitiv , the leading provider of data-driven marketing and software solutions to the automotive market, announced that they have partnered with Quickride Logistics, Inc. to power their new product Connect Transport.
  • Powered by Quickride, Connect Transport, a new automated concierge solution, enables dealers to provide touchless service through shuttles, parts delivery, vehicle delivery, mobile mechanics, at-home test-drives, tire and glass repair, bi-directional texting, online bill pay and cashiering, and more.
  • View the full release here: https://www.businesswire.com/news/home/20201022005385/en/
    The new automated concierge product Connect Transport (Photo: Business Wire)
    Todays market demands have changed.
  • Connect Transport helps dealerships consistently deliver the best customer experience while at the same time increasing service lane productivity and revenue.

Eaton’s Vehicle Group Launches Aftermarket Detroit Truetrac Differential for Ram Pickup

Thursday, October 22, 2020 - 12:00pm

Power management company Eaton today announced its Vehicle Group has developed a Detroit Truetrac differential for late-model Ram half-ton pickup trucks.

Key Points: 
  • Power management company Eaton today announced its Vehicle Group has developed a Detroit Truetrac differential for late-model Ram half-ton pickup trucks.
  • View the full release here: https://www.businesswire.com/news/home/20201022005185/en/
    Detroit Truetrac differential for late model Ram half-ton pickup trucks provides improved handling, better off-road performance, and increased stability while towing.
  • Eatons aftermarket team continues to listen to feedback from our customers, and we are excited to add this product to our portfolio, said Tim Bauer, vice president, Aftermarket, Eatons Vehicle Group.
  • Learn more about Eatons Detroit Truetrac differential for Ram pickups.

Hivemapper Builds Global Decentralized Mapping Network, Offers Cash for Aerial and Ground-Level 3D Video

Thursday, October 22, 2020 - 1:00pm

Hivemapper, the company building an intelligent, global decentralized mapping network, today announced its Hivemapper Studio will now provide financial incentive to drone operators to get paid for flights that capture aerial 3D imagery.

Key Points: 
  • Hivemapper, the company building an intelligent, global decentralized mapping network, today announced its Hivemapper Studio will now provide financial incentive to drone operators to get paid for flights that capture aerial 3D imagery.
  • Hivemapper Studio beta launched earlier this year and today the company is making the technology available to the general public at: https://studio.hivemapper.com .
  • Collectors literally put their name on a global map as they get credit for tile collection and earn cash for every one they produce.
  • Hivemapper is a decentralized mapping network that enables monitoring and autonomous navigation without the need for expensive sensors, aircraft, or satellites.

Continental Structural Plastics, Inapal Components Reduce Weight, Complexity for New Luxury SUV in Europe

Wednesday, October 21, 2020 - 12:30pm

Inapal Plsticos, Continental Structural Plastics operations in Portugal, will be manufacturing a number of lightweight, low-density sheet molded compound (SMC) components for a premium luxury auto makers first SUV.

Key Points: 
  • Inapal Plsticos, Continental Structural Plastics operations in Portugal, will be manufacturing a number of lightweight, low-density sheet molded compound (SMC) components for a premium luxury auto makers first SUV.
  • These 11 components, ranging from under hood to underbody and Class A components, will reduce part complexity and overall vehicle weight.
  • View the full release here: https://www.businesswire.com/news/home/20201021005037/en/
    Advanced composites allow for the molding of complex shapes to minimize parts, reducing weight and assembly complexity.
  • Such parts are traditionally steel or aluminum and require multiple stamped components to be assembled to create the final product.

Velodyne Lidar Calls for Action to Improve Pedestrian Safety

Tuesday, October 20, 2020 - 1:00pm

(Graphic: Velodyne Lidar, Inc.)

Key Points: 
  • (Graphic: Velodyne Lidar, Inc.)
    The white paper, called Improving Pedestrian Automatic Emergency Braking (PAEB) in Dark, Nighttime Conditions, can be downloaded here .
  • Velodyne testing shows the efficacy of our lidar-based solution, which can strengthen a vehicles functional safety capabilities and address scenarios that cause thousands of pedestrian fatalities annually.
  • Velodyne Lidar (NASDAQ: VLDR) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors.
  • Velodyne is the first public pure-play lidar company and is known worldwide for its broad portfolio of breakthrough lidar technologies.

Farasis and TOGG Signed a Letter of Intent to Develop Energy Storage Solutions for Turkey and Surrounding Countries

Tuesday, October 20, 2020 - 8:32am

TOGG has chosen Farasis as its business partner for the development and supply of Li-ion batteries, which are one of the most fundamental components of the electric vehicles they are developing.

Key Points: 
  • TOGG has chosen Farasis as its business partner for the development and supply of Li-ion batteries, which are one of the most fundamental components of the electric vehicles they are developing.
  • View the full release here: https://www.businesswire.com/news/home/20201020005434/en/
    Farasis and TOGG signed a letter of intent to develop energy storage solutions for Turkey and surrounding countries (Photo: Business Wire)
    TOGG CEO Mr. Grcan Karaka said the following about the agreement, Since 2018, more than 30 global battery suppliers have been evaluated within the framework of confidentiality agreements (NDAs), including possible domestic collaborations.
  • Among them, the company that best met our technical, commercial and strategic criteria, and one of the worlds leading Li-Ion battery manufacturers, Farasis, has been chosen as our business partner.
  • The new joint-venture will represent a very important new economic value as the exclusive representative of Farasis in the region.

Another Month of Strength for Commercial Truck Sales

Monday, October 19, 2020 - 5:11pm

In the October 2020 Commercial Truck Guidelines Industry Update , analysts from J.D.

Key Points: 
  • In the October 2020 Commercial Truck Guidelines Industry Update , analysts from J.D.
  • Consumer spending and inventory buildup remain the main drivers of freight volumes, said Chris Visser, commercial truck senior analyst at J.D.
  • Major findings in the free monthly report note:
    Download the free October 2020 Commercial Truck Guidelines Industry Update.
  • The team collects and analyzes more than 1 million automotive and truck wholesale and retail transactions per month, and delivers a range of guidebooks, auction data, analysis and data solutions.

 Onyx Enterprises Int’l, Corp. and Legacy Acquisition Corp. to Participate in SPACInsider-ICR Webinar on October 22nd at 2pm ET

Monday, October 19, 2020 - 12:00pm

CARiDs existing common shareholders are rolling 100% of their equity in CARiD, which represents 67.1% of the pro forma company.

Key Points: 
  • CARiDs existing common shareholders are rolling 100% of their equity in CARiD, which represents 67.1% of the pro forma company.
  • Onyx is a technology-driven, digital commerce company focused on creating custom infrastructure and unique user experiences within niche markets.
  • Onyx was founded in 2008 with a vision of creating a one-stop eCommerce destination for the automotive parts and accessories market.
  • Legacy cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

COVID-19 Recovery Analysis: Autonomous Vehicles Market | Increasing Demand for Autonomy of Vehicles to Boost Market Growth | Technavio

Saturday, October 17, 2020 - 2:15am

While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.

Key Points: 
  • While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.
  • Download a Free Sample Report on COVID-19
    Based on segmentation by vehicle type, which is the leading segment in the market?
  • Development of autonomous vehicles for cab and parcel delivery services is one of the major trends in the market.
  • Increasing demand for autonomy of vehicles is one of the major factors driving the market.