Performance & Special Interest

Holley Performance Brands Set to Engage Nearly Half Million High-Performance Enthusiasts During Exciting 2024 Event Season

Retrieved on: 
Thursday, March 14, 2024
Vehicle Technology, Women, Automotive, Sports, Men, Other Retail, Specialty, Consumer, General Automotive, Retail, Motor Sports, Other Transport, Marketing, Communications, Other Automotive, Transport, Performance & Special Interest, Off-Road Trucks & SUVs, Other Consumer, Online Retail, Aftermarket, Growth, NMRA, Safety, Mopar, News, Texas Motor Speedway, Beech Bend, Multimedia, PRI, Video game

Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced its full schedule of experiential marketing events taking place in 2024.

Key Points: 
  • Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced its full schedule of experiential marketing events taking place in 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240314667585/en/
    This year’s lineup features the return of flagship Holley events, including multiple Holley LS Fests, Holley Ford Festival and MoParty .
  • Holley anticipates engaging as many as 500,000 enthusiasts and customers across its comprehensive events season.
  • Holley will be back at Beech Bend to conclude its 2024 event season with the Holley Ford Festival September 26-29.

AV Pioneer Erez Dagan Joins Wayve as Company President

Retrieved on: 
Thursday, March 14, 2024
Technology, Automotive, General Automotive, Vehicle Technology, Other Automotive, Performance & Special Interest, Autonomous Driving, Vehicles, Robotics, Artificial Intelligence, Erez, Mobileye, Original equipment manufacturer, Knowledge, ADAS, Artificial intelligence, Architecture, Computer vision, Machine learning, Customer service

Wayve, a leader in Embodied artificial intelligence (AI) for autonomous driving, has announced that industry luminary Erez Dagan has joined as President.

Key Points: 
  • Wayve, a leader in Embodied artificial intelligence (AI) for autonomous driving, has announced that industry luminary Erez Dagan has joined as President.
  • In this role, Erez will oversee the product, business, and strategy for delivering Wayve's Embodied AI applications to OEMs.
  • Erez brings to Wayve a remarkable career spanning 20 years at Mobileye, where he contributed significantly to developing advanced driver assistance systems (ADAS) and automated driving (AD) technologies.
  • With expertise in Computer Vision, Erez ascended to key leadership positions, including Executive Vice President of Product and Strategy and Vice President of Intel Global.

REV Group, Inc. Announces Pricing of Secondary Offering of Common Stock

Retrieved on: 
Thursday, March 14, 2024
Trucking, Aftermarket, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, Fleet Management, REVG, Telephone, Offering, Form, REV Group, EDGAR, Sale, Attention, Security (finance), Morgan Stanley, Varick Street, Parallel, 2nd Floor

REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the pricing of the previously announced underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”) at an offering price of $18.00 per share.

Key Points: 
  • REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the pricing of the previously announced underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”) at an offering price of $18.00 per share.
  • The Offering is expected to close on March 15, 2024, subject to customary closing conditions.
  • Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers for the Offering.
  • The Offering will be made only by means of a prospectus supplement and the accompanying base prospectus.

Europcar Mobility Group Reaches New Key Milestones in its “Connected Vehicles” program:

Retrieved on: 
Wednesday, March 13, 2024
Technology, General Automotive, Fleet Management, Automotive Manufacturing, Manufacturing, Aftermarket, Apps, Applications, Automotive, Vehicle Technology, Software, Networks, Other Automotive, Data Management, Performance & Special Interest, Partnership, Ford, Multimedia, European, 2600-series (CTA), Car rental

Europcar Mobility Group pushes forward its ambition to connect all the vehicles in its fleet by the end of 2024 and, in that perspective, is ramping up its "Connected Vehicles" program.

Key Points: 
  • Europcar Mobility Group pushes forward its ambition to connect all the vehicles in its fleet by the end of 2024 and, in that perspective, is ramping up its "Connected Vehicles" program.
  • To date, 125,000 vehicles in the Europcar Mobility Group fleet - all brands combined (Europcar, Goldcar, Ubeeqo) - are connected, out of a fleet of around 250,000 vehicles, which represents a significant milestone.
  • Moving towards a fully connected fleet will further allow us to automate certain tasks such as fleet inventory, invoicing, etc.
  • Chris Miller, Data Services Manager, Ford Pro Intelligence, commented: “Europcar Mobility Group have successfully delivered a clearly defined and well executed connectivity strategy, and Ford is delighted to support the program as a partner.

TELO Announces $5.4M Strategic Fundraise Led by Neo to Continue Building the Most Efficient Electric Truck

Retrieved on: 
Wednesday, March 13, 2024
EV, Electric Vehicles, Automotive, Professional Services, Environmental Health, Green Technology, Performance & Special Interest, Alternative Vehicles, Fuels, Off-Road Trucks & SUVs, Environment, Finance, Sustainability, Tarpenning, Head, Growth, Entrepreneurship, Credit, Investment, Multimedia, Cryptocurrency

View the full release here: https://www.businesswire.com/news/home/20240313181353/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240313181353/en/
    TELO Truck street rendering (Credit: TELO)
    Coinciding with this announcement, TELO is pleased to appoint Marc Tarpenning , co-founder of Tesla, to the company's board this month.
  • Also, as a Spero Ventures partner, Tarpenning participated in the just announced strategic funding round.
  • A mini-truck with purpose, the TELO Truck has redesigned what an electric truck looks like by taking advantage of the best in electric and autonomous tech, using advanced driving and safety technologies.
  • For more information about TELO or to pre-order a TELO Truck, please visit telotrucks.com .

REV Group, Inc. Announces Launch of Secondary Offering of Common Stock

Retrieved on: 
Wednesday, March 13, 2024
Trucking, Aftermarket, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, REVG, Telephone, Offering, Form, REV Group, EDGAR, Sale, Attention, Security (finance), Morgan Stanley, Varick Street, Parallel, 2nd Floor

REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the launch of an underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”).

Key Points: 
  • REV Group, Inc. (NYSE:REVG) (the “Company”) announced today the launch of an underwritten secondary public offering of 7,395,191 shares of the Company’s common stock (the “Offering”) by American Industrial Partners Capital Fund IV, LP and American Industrial Partners Capital Fund IV (Parallel), LP (the “Selling Stockholders”).
  • The proposed offering is subject to market and other conditions, as well as customary closing conditions.
  • Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers for the Offering.
  • The underwriters intend to offer the shares of common stock to the public at a fixed price, which may be changed at any time without notice.

Haig Partners Serves as the Exclusive Advisor on the Sale of Lebanon Ford to Nucar Family of Dealerships

Retrieved on: 
Wednesday, March 13, 2024
Automotive, Automotive Manufacturing, Manufacturing, General Automotive, Construction & Property, Business, Finance, REIT, Consulting, Other Automotive, Banking, Accounting, Recreational Vehicles, Professional Services, Performance & Special Interest, Off-Road Trucks & SUVs, Motorcycles, Fleet Management, EV, Electric Vehicles, Aftermarket, Partner, Growth, PLLC, Sale, LLP, Acquisition, Ford, Holland & Knight, Multimedia, Family, Car dealership

Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Saint J Auto on the sale of Lebanon Ford in Lebanon, NH to Nucar Family of Dealerships based in New Castle, DE.

Key Points: 
  • Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Saint J Auto on the sale of Lebanon Ford in Lebanon, NH to Nucar Family of Dealerships based in New Castle, DE.
  • Lebanon Ford has been a family endeavor, managed by my sons, Nathan and Evan, alongside our COO and longtime friend, Ray Gaudette, since its inception.
  • "We extend our heartfelt congratulations to Chris and Dan Dagesse of Nucar Family of Dealerships on this acquisition.
  • The sale of Lebanon Ford represents the 26th dealership the team at Haig Partners has bought or sold in New England.

Global Classic Car Insurance Market Report 2024 with Analyst Recommendations: Focus on Streamlining the Operations and Enhance Customer Experience through Online Platforms - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 12, 2024
Professional Services, Insurance, Performance & Special Interest, Automotive, Online, Theft, Channel, Growth, Porter's five forces analysis, Risk, World Games, SWOT, Investment, USD

The Global Classic Car Insurance market showcased growth at a CAGR of 7.11% during 2019-2022.

Key Points: 
  • The Global Classic Car Insurance market showcased growth at a CAGR of 7.11% during 2019-2022.
  • The report analyses the Classic Car Insurance Market by Region (North America, Europe, and Rest of World) and 6 Countries (United States, Canada, Germany, United Kingdom, France, and Italy).
  • The report analyses the Classic Car Insurance Market By Vehicle Type (Vintage, and Classic).
  • The report analyses the Classic Car Insurance Market By Channel (Direct Sales, Agents/Brokers, and Online Platforms).

Lawler to Discuss Customer-Focused Ford+ Growth Plan at Bank of America Securities Auto Summit

Retrieved on: 
Tuesday, March 12, 2024
Automotive, Automotive Manufacturing, General Automotive, EV, Electric Vehicles, Manufacturing, Performance & Special Interest, Alternative Vehicles, Fuels, Ford Models, Growth, Ford, Ford Motor Company

Ford CFO John Lawler will discuss the company’s customer-centered Ford+ plan to improve growth, margins and capital efficiency while reducing cyclicality at the upcoming BofA Securities Auto Summit.

Key Points: 
  • Ford CFO John Lawler will discuss the company’s customer-centered Ford+ plan to improve growth, margins and capital efficiency while reducing cyclicality at the upcoming BofA Securities Auto Summit.
  • The conference is scheduled for Tuesday, March 26; Lawler will be speaking at 12:10 p.m.
  • During the fireside chat, Lawler will highlight Ford's lineup of iconic, software-defined leading gas, hybrid and electric vehicles.
  • He will explain how Ford’s distinct business segments – Ford Blue, Ford Pro and Ford Model e – are providing great customer insights and the flexibility to allocate capital to meet the dynamic needs of customers around the world.

APR Unveils Ultralink Platform for European Vehicle Performance Tuning

Retrieved on: 
Tuesday, March 12, 2024
Automotive Manufacturing, Aftermarket, Automotive, Technology, Manufacturing, Other Automotive, General Automotive, Vehicle Technology, Software, Performance & Special Interest, Hardware, OBD-II, Octane, Cupra, Seat, Skoda, Volkswagen, APR, MAP, USB, Torque, Dongle, Multimedia, Configuration, CAD, Credit

APR, a Holley Performance Brand, has launched APR Ultralink , an at-home flash-tuning software platform that allows enthusiasts to quickly and conveniently performance tune certain European vehicles from any location using a laptop and USB custom interface.

Key Points: 
  • APR, a Holley Performance Brand, has launched APR Ultralink , an at-home flash-tuning software platform that allows enthusiasts to quickly and conveniently performance tune certain European vehicles from any location using a laptop and USB custom interface.
  • The innovative APR Ultralink platform marks a significant shift in vehicle tuning, combining flexibility, speed and ease, and highlights APR's role in Holley's mission to support the modern vehicle community with one of the broadest portfolios of performance brands.
  • APR Ultralink streamlines this process , giving customers greater control over when and where they tune their vehicle.
  • The total time to purchase, download and install the APR tuning software via APR Ultralink is as little as 15 minutes.