Performance & Special Interest

China OEMs' Model Planning Research Report, 2023-2025: China will Launch 388 New Vehicle Models, Automakers Create Abundant Brand Matrices through Multi-brand Strategy - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024
EV, Electric Vehicles, Alternative Vehicles, Fuels, Automotive, Other Automotive, Automotive Manufacturing, General Automotive, Performance & Special Interest, Manufacturing, Aion, FAW-Volkswagen, FAW Group, Architecture, Investment, Strategic planning, Polestar, Sale, Mercedes-Benz S-Class, Great Wall Motor, NIO, Human, Range Rover, Bestune, Li Auto, GAC, Jetta, U9, Dynasty, SUV, BYD, NOA, SAIC, Baidu, Geely, Huawei, Firefly, LEAP, ALPS, LIVAN, Great Wall of China, BEV, Original equipment manufacturer, Chang'an, City, Dongfeng, Research report, MPV, Changan Automobile, PHEV, Intelligence, MAGIC, FAW Toyota, HD, GWM, LION, BYD Auto, Dongfeng Nissan, OTA, FAW, Automotive industry

OEMs' Model Planning Research Report, 2023-2025, combs through model planning and features of Chinese independent brands, emerging carmakers, and joint venture brands in the next 3-5 years.

Key Points: 
  • OEMs' Model Planning Research Report, 2023-2025, combs through model planning and features of Chinese independent brands, emerging carmakers, and joint venture brands in the next 3-5 years.
  • Among conventional OEMs, upcoming SUVs of Great Wall Motor and BYD will sweep more than 60% of the new vehicle models.
  • Their priority in the next 3-5 years is to provide urban coverage and promote vehicle models from top to bottom.
  • 1.1 Number of New Vehicle Models Released by OEMs, 2023-2025E
    1.2 New Vehicle Launch Plans, 2023-2025
    1.3 Sales Goals of OEMs, 2023-2025

REV Group, Inc. Announces Pricing of Upsized Secondary Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Thursday, February 15, 2024
Other Manufacturing, Trucking, Automotive, General Automotive, Transport, Automotive Manufacturing, Other Automotive, Manufacturing, Recreational Vehicles, Performance & Special Interest, Varick Street, Attention, Prospectus, REV Group, 2nd Floor, EDGAR, Sale, Form, Syndicate, REVG, Telephone, Morgan Stanley, S-3, Security (finance), Goldman Sachs, Hand

REV Group, Inc. (NYSE:REVG) announced today the pricing of the previously announced underwritten public offering, which has been upsized to 16,000,000 shares of common stock by certain selling stockholders at the public offering price of $16.50 per share.

Key Points: 
  • REV Group, Inc. (NYSE:REVG) announced today the pricing of the previously announced underwritten public offering, which has been upsized to 16,000,000 shares of common stock by certain selling stockholders at the public offering price of $16.50 per share.
  • In connection with the offering, the selling stockholders have granted the underwriters an option to purchase up to 2,400,000 additional shares of common stock from the selling stockholders.
  • REV Group is not selling any shares of common stock in the offering, and REV Group will not receive any proceeds from the offering by the selling stockholders.
  • The offering is expected to close on or about February 20, 2024, subject to customary closing conditions.

Ford Pro CFO Navin Kumar to Discuss Commercial Customers at Feb. 22 Barclays Industrials Conference

Retrieved on: 
Wednesday, February 14, 2024
EV, Electric Vehicles, Alternative Vehicles, Fuels, Automotive, Automotive Manufacturing, General Automotive, Performance & Special Interest, Vehicle Technology, Manufacturing, Growth, Ford, Software, Conference

More than ever before, commercial customers want to lower the total cost of ownership, and transform their businesses.

Key Points: 
  • More than ever before, commercial customers want to lower the total cost of ownership, and transform their businesses.
  • Ford Pro is uniquely equipped to help them do that.
  • That’s what Ford Pro CFO Navin Kumar will discuss during a fireside chat on Thursday, Feb. 22, at the Barclays Industrials Conference in Miami.
  • Ford Pro brings superior value to Ford’s commercial customers – and generates growth – through a winning combination of gas, hybrid and electric vehicles, and software and services that are tailored to their specific needs.

Holley Inc. to Release Fourth Quarter and Full Year 2023 Results on February 28, 2024

Retrieved on: 
Wednesday, February 14, 2024
Performance & Special Interest, General Automotive, Aftermarket, Automotive, Other Manufacturing, Public Relations, Investor Relations, Marketing, Advertising, Communications, Automotive Manufacturing, Other Automotive, Manufacturing, Eastern Time Zone, Inc.

Holley Inc. (NYSE: HLLY ), a leader in automotive aftermarket performance solutions, today announced the date for the release of its fourth quarter and full year 2023 financial results.

Key Points: 
  • Holley Inc. (NYSE: HLLY ), a leader in automotive aftermarket performance solutions, today announced the date for the release of its fourth quarter and full year 2023 financial results.
  • Holley will host a conference call and live webcast on Wednesday, February 28, 2024, at 8:30 am (Eastern Time) to discuss the Company’s fourth quarter and full year 2023 financial results.
  • The Company’s earnings release and presentation for the fourth quarter and full year 2023 will be issued before the market opens on Wednesday, February 28, 2024, and will be available on the Investor Relations page of the Company’s website at investor.holley.com .
  • Hosting the call will be Holley Inc. President and Chief Executive Officer, Matthew Stevenson, and Chief Financial Officer, Jesse Weaver.

REV Group, Inc. Announces Proposed Secondary Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Tuesday, February 13, 2024
Trucking, Aftermarket, Automotive, General Automotive, Transport, Automotive Manufacturing, Other Automotive, Manufacturing, Recreational Vehicles, Performance & Special Interest, Varick Street, Attention, Prospectus, REV Group, 2nd Floor, EDGAR, Sale, Form, REVG, Telephone, REV, Morgan Stanley, S-3, Security (finance), Goldman Sachs, Hand

REV Group, Inc. (NYSE:REVG) announced today the commencement of an underwritten public offering of 12,000,000 shares of common stock by certain selling stockholders.

Key Points: 
  • REV Group, Inc. (NYSE:REVG) announced today the commencement of an underwritten public offering of 12,000,000 shares of common stock by certain selling stockholders.
  • In connection with the offering, the selling stockholders intend to grant the underwriters an option to purchase up to 1,800,000 additional shares of common stock from the selling stockholders.
  • REV Group is not selling any shares of common stock in the offering, and REV Group will not receive any proceeds from the offering by the selling stockholders.
  • 333-276009) relating to the shares of common stock of REV Group to be sold in the proposed offering was declared effective by the Securities and Exchange Commission (the “SEC”) on December 19, 2023.

Laser Photonics’ CleanTech Laser Cleaning Systems Streamline Car Restoration

Retrieved on: 
Tuesday, February 13, 2024
Hardware, Automotive Manufacturing, Manufacturing, Technology, Robotics, Other Automotive, Performance & Special Interest, General Automotive, Other Manufacturing, Other Technology, Aftermarket, Automotive, Machinery, Steel, Machine Tools, Metalworking & Metallurgy, Engineering, Clean technology, Corrosion, Silicosis, Common

Laser Photonics Corporation , a leading global developer of industrial laser systems for laser cleaning and other material applications, highlights a key application for its CleanTech laser systems.

Key Points: 
  • Laser Photonics Corporation , a leading global developer of industrial laser systems for laser cleaning and other material applications, highlights a key application for its CleanTech laser systems.
  • Laser cleaning can increase the quality and accuracy of rust cleaning during restoration.
  • Another application for CleanTech laser systems during car restoration is surface preparation, which plays a vital role in the automotive painting process.
  • For more information about the CleanTech line of laser cleaning systems, please visit https://www.laserphotonics.com or contact our sales department at [email protected] .

REPLY: Concept Reply's Test Automation Framework Innovates the Monitoring of Electric Vehicle (EV) Charging Stations Through Artificial Intelligence and Machine Learning

Retrieved on: 
Monday, February 12, 2024
Technology, Other Automotive, Other Energy, Artificial Intelligence, Performance & Special Interest, Alternative Energy, Energy, Fleet Management, EV, Electric Vehicles, Aftermarket, Automotive, Other Transport, Alternative Vehicles, Fuels, Apps, Applications, Vehicle Technology, Transport, Other Technology, General Automotive, Software, Engineering, Electronic Design Automation, Manufacturing, Logistics, Supply Chain Management, Data Management, Test automation, Multimedia, Intelligence, Research, App Store (iOS/iPadOS), STAR, Safety, EXM, Validation, Ecosystem, Automation, Big data, Cloud computing, Machine learning, Laboratory, Small Business Saturday, Internet, Quality assurance, Insurance, V2X, Medical device

View the full release here: https://www.businesswire.com/news/home/20240212429452/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240212429452/en/
    Reply's Global Test Automation Center is reshaping the landscape of EV charging testing with its end-to-end Test Automation Framework.
  • Implemented at the Global Test Automation Center, Reply's laboratory specialising in the automation of product and service tests, the new Test Automation Framework for charging systems provides 360-degree monitoring of all touchpoints connected to the charging station.
  • (Photo: Business Wire)
    Implemented at the Global Test Automation Center , Reply's laboratory specialising in the automation of product and service tests, the new Test Automation Framework for charging systems provides 360-degree monitoring of all touchpoints connected to the charging station.
  • To learn more about Test Automation Framework for Charging System Validation and Reply's quality engineering expertise, visit www.reply.com/en/quality-engineering .

GETTRX™ Named Official Credit Card Processor of NHRA in Multi-Year Partnership

Retrieved on: 
Thursday, February 8, 2024
Technology, General Automotive, Retail, Finance, Automotive, Online Retail, Professional Services, Payments, Digital Cash Management, Digital Assets, Software, Networks, Data Analytics, Fintech, Performance & Special Interest, Sonoma Raceway, Summit, NHRA U.S. Nationals, Partnership, Corrosion engineering, NHRA, Route, Pro stock, Pro Stock Motorcycle, Route 66 Raceway

NHRA officials announced that GETTRX™, powered by Global Electronic Technology and the fastest name in credit card processing, has been named the Official Credit Card Processor of NHRA as part of a multi-year agreement.

Key Points: 
  • NHRA officials announced that GETTRX™, powered by Global Electronic Technology and the fastest name in credit card processing, has been named the Official Credit Card Processor of NHRA as part of a multi-year agreement.
  • GETTRX has also built a strong reputation throughout the industry for its strong customer support and family-first attitude, which has also translated well to its growing partnership with NHRA.
  • “Fans trust NHRA events to deliver speed, and as the fastest name in credit card processing, our customers know GETTRX™ is all about speed, too.
  • As well as its status as Official Credit Card Processor of NHRA, GETTRX™ will be heavily involved with racing in the NHRA Mission Foods Drag Racing Series.

Vehicle Dependability Slumps as Rate of Deterioration Increases, J.D. Power Finds

Retrieved on: 
Thursday, February 8, 2024
Women, Automotive, General Automotive, Men, Specialty, Other Automotive, Performance & Special Interest, Consumer, Retail, 4Runner, J.D. Power, BMW X6, Android Auto, Toyota, Bev, Lexus NX, Toyota Camry, Buick Encore, Lexus ES, Climate, Lexus, VDS, Lexus RX, CarPlay, Chevrolet Traverse, Plague, Interior, Lake Tahoe, Tacoma, Washington, Multimedia, BMW X1, Equinox, BMW, Corolla, General Motors, BMW AG, Tundra, Benchmarking, Automotive industry

Vehicle owners are experiencing lower levels of vehicle dependability after three years of ownership, according to the J.D.

Key Points: 
  • Vehicle owners are experiencing lower levels of vehicle dependability after three years of ownership, according to the J.D.
  • Vehicle Dependability StudySM (VDS) (Graphic: Business Wire)
    “Historically, VDS model results mirror the results of the respective model year in the J.D.
  • Power Initial Quality Study, so a deterioration of vehicle dependability is unusual,” said Frank Hanley, senior director of auto benchmarking at J.D.
  • Vehicle Dependability Study is based on responses from 30,595 original owners of 2021 model-year vehicles after three years of ownership.

Midwest Automotive Media Association Crowns the Chevrolet Trax as MAMA’s Favorite Vehicle of 2024

Retrieved on: 
Thursday, February 8, 2024
Recreational Vehicles, Men, Performance & Special Interest, Media, EV, Electric Vehicles, Off-Road Trucks & SUVs, Family, Alternative Vehicles, Fuels, Consumer, General Automotive, Automotive, Women, Communications, Chevrolet Trax, GM, Trax, Chicago Auto Show, MAMA, Auction

The Midwest Automotive Media Association (MAMA) has awarded the Chevrolet Trax as MAMA’s Favorite Vehicle of 2024.

Key Points: 
  • The Midwest Automotive Media Association (MAMA) has awarded the Chevrolet Trax as MAMA’s Favorite Vehicle of 2024.
  • “The new Chevrolet Trax packages style, features, and value unlike any new car,” said Robert Duffer, MAMA President.
  • It outshined more than 100 qualifying vehicles, and MAMA members responded by awarding it MAMA’s Favorite Vehicle of 2024.”
    Revamped for 2024, MAMA’s Favorite Vehicle awards build on the strength of the association’s prior Family Vehicle of the Year and Luxury Family Vehicle of the Year awards.
  • The category winners for 2024 are:
    Two trophies were presented to representatives from GM at the 2024 Chicago Auto Show welcome breakfast, with the Chevrolet Trax being awarded to both MAMA’s Favorite Affordable Vehicle and MAMA’s Favorite Vehicle of 2024.