Performance & Special Interest

China Agriculture Equipment Market Trends and Forecast Report, 2023-2024 and 2030 Featuring John Deere, AGCO, CLAAS, First Tractor Co, Kubota, CNH Industrial, and Valmont - ResearchAndMarkets.com

Retrieved on: 
Monday, March 11, 2024

The "China Agriculture Equipment Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Agriculture Equipment Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.
  • China has presented a strategic focus on agricultural mechanization to bridge this gap and improve agricultural machinery's scientific and technological innovation ability.
  • Using equipment that has improved the amount of automation has been a boon for the China agriculture equipment market share.
  • This dynamic panorama displays a shift towards sustainable, technology-driven agriculture, positioning China as a critical participant in the worldwide agriculture equipment market.

REV Group Releases Its 2023 Sustainability Report

Retrieved on: 
Thursday, March 7, 2024

REV Group, Inc. (NYSE: REVG), whose subsidiaries are leading manufacturers of specialty vehicles including fire trucks and RVs, has published its fifth annual corporate responsibility report.

Key Points: 
  • REV Group, Inc. (NYSE: REVG), whose subsidiaries are leading manufacturers of specialty vehicles including fire trucks and RVs, has published its fifth annual corporate responsibility report.
  • The 41-page 2023 Corporate Sustainability Report focuses on REV Group’s Environmental, Social and Corporate Governance (ESG) performance and progress for fiscal year 2023 (November 1, 2022 to October 31, 2023).
  • The 41-page 2023 Corporate Sustainability Report focuses on REV Group’s Environmental, Social and Corporate Governance (ESG) performance and progress for fiscal year 2023 (November 1, 2022 to October 31, 2023).
  • (Photo: Business Wire)
    REV’s 2023 Sustainability Report meets the requirements of the Global Reporting Initiative Standards, which is a standardized, internationally recognized framework that enhances the transparency and accountability of reporting.

Eaton Receives Two Grants From the Czech Republic, Continues to Expand Mobility Capabilities and Resources in Europe, Middle East, and Africa

Retrieved on: 
Thursday, March 7, 2024

Intelligent power management company Eaton continues to expand its capabilities and resources in Europe, Middle East, and Africa (EMEA) with the recent announcements of two grants from the Czech Republic.

Key Points: 
  • Intelligent power management company Eaton continues to expand its capabilities and resources in Europe, Middle East, and Africa (EMEA) with the recent announcements of two grants from the Czech Republic.
  • View the full release here: https://www.businesswire.com/news/home/20240307921565/en/
    Eaton’s power distribution unit will be utilized in two electrified vehicle projects funded by grants from the Czech Republic.
  • Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere.
  • Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century.

Wing Fuel Systems Announces EPA Certification For CNG GM 2.7L Adding to Industry Leading Certification Portfolio

Retrieved on: 
Thursday, March 7, 2024

Wing Fuel Systems announces certification of conformity with the Clean Air Act for the CNG/RNG Chevy Colorado and GMC Canyon.

Key Points: 
  • Wing Fuel Systems announces certification of conformity with the Clean Air Act for the CNG/RNG Chevy Colorado and GMC Canyon.
  • The new EPA-certified dual fuel solution enables fleets to immediately order CNG/RNG systems on the popular and affordable pickups for the 2023 and 2024 model years.
  • “A CNG pickup under $48,850,” said Shan Zaidi, CEO of Wing Fuel Systems.
  • Additionally, Wing can upfit existing fleet vehicles or vehicles purchased directly by customers with a CNG system.

Mobileye Announces Change to its Board of Directors

Retrieved on: 
Thursday, March 7, 2024

Mobileye Global Inc. (Nasdaq: MBLY) today announced that Jon M. Huntsman, Jr. has resigned from Mobileye’s Board of Directors effective as of April 15, 2024, to accept a new executive management position.

Key Points: 
  • Mobileye Global Inc. (Nasdaq: MBLY) today announced that Jon M. Huntsman, Jr. has resigned from Mobileye’s Board of Directors effective as of April 15, 2024, to accept a new executive management position.
  • Huntsman has served on Mobileye’s board since October 2022 as an independent director and member of the nominating and corporate governance committee.
  • Huntsman’s counsel while he served as a director of Mobileye during our new era as a publicly traded company,” said Professor Amnon Shashua, President and CEO of Mobileye.
  • Huntsman’s resignation, Mobileye will begin the process of recruiting a new independent director to serve on its Board of Directors.

Rivian Introduces R2, R3, and R3X Built on New Midsize Platform

Retrieved on: 
Thursday, March 7, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240307349103/en/
    Rivian introduces its midsize platform family: R2, R3 and R3X.
  • R3 is a midsize crossover that is tidy on dimensions but delivers big in terms of performance, off-road capability, passenger comfort, and storage.
  • R3X is a performance variant of R3 offering even more dynamic abilities both on and off road.
  • I can’t wait to get these to customers.”
    Developed to deliver amazing performance, range, and cost efficiency, R2 and R3 were built on an all-new midsize vehicle platform.

REV Group, Inc. Reports Strong First Quarter Results, Provides Updated Fiscal 2024 Outlook

Retrieved on: 
Wednesday, March 6, 2024

REV Group, Inc. (NYSE: REVG) (the “company”), a manufacturer of industry-leading specialty and recreational vehicles, today reported results for the three months ended January 31, 2024 (“first quarter 2024”).

Key Points: 
  • REV Group, Inc. (NYSE: REVG) (the “company”), a manufacturer of industry-leading specialty and recreational vehicles, today reported results for the three months ended January 31, 2024 (“first quarter 2024”).
  • Consolidated net sales in the first quarter 2024 were $586.0 million, representing an increase of 0.4% compared to $583.5 million for the three months ended January 31, 2023 (“first quarter 2023”).
  • Adjusted EBITDA in the first quarter 2024 was $30.5 million, compared to $21.3 million in the first quarter 2023.
  • Capital expenditures in the first quarter 2024 were $10.5 million compared to $3.8 million in the first quarter 2023.

Model 1 Enters a National Distribution Agreement with The Shyft Group; Expanding its Commercial Product Offerings and Upfit Capabilities

Retrieved on: 
Wednesday, March 6, 2024

For Model 1, the agreement adds an expansive commercial product offering, which supports vehicle upfitting and second-stage manufacturing, and gives The Shyft Group access points into new markets and a national distribution and upfit footprint.

Key Points: 
  • For Model 1, the agreement adds an expansive commercial product offering, which supports vehicle upfitting and second-stage manufacturing, and gives The Shyft Group access points into new markets and a national distribution and upfit footprint.
  • Model 1 will carry Shyft Group brands – DuraMag , Royal Truck Body and Magnum – and offer local upfit services nationwide.
  • Someone has to fix that, and Model 1, in collaboration with Shyft, is going first,” he said.
  • Model 1’s access to chassis pool inventory and vehicle body stock eliminates the traditional domino effect timing lag experienced by most in the commercial vehicle space.

Monro, Inc. to Participate at the Bank of America Securities Consumer & Retail Conference

Retrieved on: 
Tuesday, March 5, 2024

Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that Brian D’Ambrosia, Executive Vice President and Chief Financial Officer and Felix Veksler, Senior Director of Investor Relations, will participate in a Fireside Chat at the Bank of America Securities Consumer & Retail Conference on Tuesday, March 12, 2024 at 8:50AM ET.

Key Points: 
  • Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that Brian D’Ambrosia, Executive Vice President and Chief Financial Officer and Felix Veksler, Senior Director of Investor Relations, will participate in a Fireside Chat at the Bank of America Securities Consumer & Retail Conference on Tuesday, March 12, 2024 at 8:50AM ET.
  • A live webcast of the Bank of America event will be available via the “Investors” section of the Company’s corporate website ( corporate.monro.com/investors/events-and-presentations ).

Brightcove to Power MotoAmerica’s First Global Livestream of the Daytona 200

Retrieved on: 
Tuesday, March 5, 2024

As the official streaming provider for MotoAmerica, Brightcove will power the live and video-on-demand (VOD) capabilities of the MotoAmerica Live+ streaming service, which will exclusively broadcast the upcoming 82nd running of the Daytona 200 (March 7-9, 2024).

Key Points: 
  • As the official streaming provider for MotoAmerica, Brightcove will power the live and video-on-demand (VOD) capabilities of the MotoAmerica Live+ streaming service, which will exclusively broadcast the upcoming 82nd running of the Daytona 200 (March 7-9, 2024).
  • “Delivering quality live and on-demand streaming experiences is essential for today’s sports and entertainment organizations to reach and engage their audiences effectively,” said Marc DeBevoise, CEO of Brightcove.
  • “In response, we decided to collaborate with Brightcove to offer our fans the upgraded experience they have been asking for.
  • Partnering with Brightcove ensures that both current and new fans of MotoAmerica can enjoy the best viewing experience possible.