Motor vehicles

Porsche Cars Canada reports banner year with deliveries of 9,025 units

Retrieved on: 
Monday, January 6, 2020

Established in 2008, Porsche Cars Canada, Ltd. (PCL) is the exclusive importer and distributor of the Porsche 911, 718 Boxster and 718 Cayman, Taycan, Panamera, as well as Cayenne and Macan.

Key Points: 
  • Established in 2008, Porsche Cars Canada, Ltd. (PCL) is the exclusive importer and distributor of the Porsche 911, 718 Boxster and 718 Cayman, Taycan, Panamera, as well as Cayenne and Macan.
  • Headquartered in Toronto, Ontario, since 2017, PCL employs a team of more than 50 in sales, aftersales, finance, marketing, retail development, and public relations.
  • In 2019, a Parts Distribution Centre opened its doors in Mississauga to service the countrywide network of 19 Porsche Centres.
  • In 2019, Porsche sold an unprecedented 9,025 units in Canada, up 1.4% over the prior year.

Electric Vehicles and Fuel Cell Vehicles: Global Markets

Retrieved on: 
Monday, January 6, 2020

- Niche vehicles (self-driving vehicles, military equipment, locomotives).

Key Points: 
  • - Niche vehicles (self-driving vehicles, military equipment, locomotives).
  • This report defines the market sectors, identifies leading companies and analyzes the markets to provide a five-year market forecast.
  • As of 2018, an estimated total of over REDACTED electric scooters were on the road, most of them powered by lead-acid batteries.
  • In geographic terms, Asia-Pacific leads the global electric vehicles market.China leads the Asia-Pacific region as well as the world market in terms of unit sales of electric cars/passenger cars.

DealerSocket to Acquire Leading DMS Provider Auto/Mate

Retrieved on: 
Monday, January 6, 2020

DealerSocket , Inc., a leading provider of automotive software solutions, announced today that the company has signed a definitive agreement to acquire Auto/Mate, a leading Dealer Management System (DMS) software provider for automotive dealerships.

Key Points: 
  • DealerSocket , Inc., a leading provider of automotive software solutions, announced today that the company has signed a definitive agreement to acquire Auto/Mate, a leading Dealer Management System (DMS) software provider for automotive dealerships.
  • For a long time, DealerSocket has believed that combining our companies could offer dealers a much needed new choice for a full platform solution, said Sejal Pietrzak, CEO of DealerSocket.
  • DealerSocket is a leading provider of software for the automotive industry with a suite of seamlessly integrated products to help dealers sell and service vehicles more profitably, while improving their customers' experience.
  • Auto/Mate Dealership Systems is a leading provider of dealership management system software to retail automotive dealerships, typically saving dealers thousands of dollars per month from their current provider.

VOXX Automotive Corp. and Amazon Join Forces to Bring Fire TV to the Automotive Market

Retrieved on: 
Monday, January 6, 2020

ORLANDO, Fla., Jan. 6, 2020 /PRNewswire/ -- VOXX Automotive Corp., a wholly-owned subsidiary of VOXX International Corporation (NASDAQ: VOXX), today announced that in collaboration with Amazon (NASDAQ: AMZN), it will be developing solutions that will bring Amazon's Fire TV to the automotive market.

Key Points: 
  • ORLANDO, Fla., Jan. 6, 2020 /PRNewswire/ -- VOXX Automotive Corp., a wholly-owned subsidiary of VOXX International Corporation (NASDAQ: VOXX), today announced that in collaboration with Amazon (NASDAQ: AMZN), it will be developing solutions that will bring Amazon's Fire TV to the automotive market.
  • VOXX Automotive Corp. has been a leader in rear-seat entertainment for decades, providing innovative solutions to both global OEM's and to the automotive aftermarket.
  • Now, VOXX Automotive Corp. will be working with Amazon to deliver solutions and services that can significantly accelerate the development cycle of Fire TV for automakers.
  • VOXX International Corporation(NASDAQ:VOXX) has grown into a worldwide leader in many automotive and consumer electronics and accessories categories, as well as premium high-end audio.

Global Electric Bus Market Size is Projected to Grow from 137 Thousand Units in 2019 to Reach 935 Thousand Units by 2027, at a CAGR of 27.2% - ResearchAndMarkets.com

Retrieved on: 
Monday, January 6, 2020

The advancements in battery pack technologies and electric powertrains are some of the major factors driving the growth of the electric bus and coach market.

Key Points: 
  • The advancements in battery pack technologies and electric powertrains are some of the major factors driving the growth of the electric bus and coach market.
  • In the electric bus market, by length of bus, the 9-14 m segment is projected to be the largest market during the forecast period in terms of volume.
  • The 9-14 m segment is dominating the electric bus segment due to the large volumes of electric passenger buses used in public transport fleet.
  • The favorable regulations for electric buses, availability of electric and electronics components, and rapidly growing charging infrastructure are projected to boost the electric bus market in the region.

RealWear Rolls Out its Enterprise Wearables in Groupe PSA Factories

Retrieved on: 
Monday, January 6, 2020

RealWear, Inc., the global leader of enterprise head-mounted wearables, announced today that French car manufacturer Groupe PSA has successfully rolled out RealWears flagship HMT-1 head-mounted enterprise wearables for its factory technicians to improve productivity and quality during the vehicle assembly process.

Key Points: 
  • RealWear, Inc., the global leader of enterprise head-mounted wearables, announced today that French car manufacturer Groupe PSA has successfully rolled out RealWears flagship HMT-1 head-mounted enterprise wearables for its factory technicians to improve productivity and quality during the vehicle assembly process.
  • (Photo: Business Wire)
    Groupe PSA, which owns car brands Peugeot, Citron, DS Automobiles, OPEL, and Vauxhall initiated its Glasses Assist project with RealWear in March 2018.
  • Since that time, Groupe PSA workers have logged more than 10,000 hours on RealWears HMT-1 wearable computers.
  • Groupe PSA said it chose to standardize on RealWear due to its ruggedized construction and factory-friendly form factor.

Aiqudo Voice Platform To Power Digital Experience in BYTON’S Electric Vehicles

Retrieved on: 
Sunday, January 5, 2020

Aiqudo, a voice technology pioneer, announced ahead of CES 2020 a partnership with premium electric vehicle manufacturer BYTON, bringing the power of Aiqudos Voice AI platform to BYTON cars.

Key Points: 
  • Aiqudo, a voice technology pioneer, announced ahead of CES 2020 a partnership with premium electric vehicle manufacturer BYTON, bringing the power of Aiqudos Voice AI platform to BYTON cars.
  • Aiqudos Voice to Action(R) platform will enable interacting with your favorite apps on your mobile phone hands-free while driving, seamlessly integrating with BYTONs unique Digital Experience.
  • A seamless voice experience is integral to BYTONs groundbreaking user experience and Aiqudo Voice will make accessing your favorite apps convenient and safe, said Jeff Chung, BYTON Vice President of Digital Engineering.
  • Aiqudo (pronounced: eye-cue-doe) is a Voice AI pioneer that connects the nascent world of voice interfaces to the useful, mature world of mobile apps through its Voice to Action(R) platform.

American Hot Rod Foundation Announces the Launch of New Website

Retrieved on: 
Saturday, January 4, 2020

The website also has historical hot rod Pioneer Stories of legends like Ed Iskenderian, Tommy Ivo and many, many others.

Key Points: 
  • The website also has historical hot rod Pioneer Stories of legends like Ed Iskenderian, Tommy Ivo and many, many others.
  • Since the inception of the American Hot Rod Foundation in 2002, its Curator, Jim Miller, has collected and archived more than 150,000 images of vintage hot rods from all over the country.
  • For more information on the American Hot Rod Foundation, visit the AHRF Facebook page at https://ahrf.com .
  • The foundation has produced two documentary DVDs, Deuce (2006) and Slingshot (2012); a large book of hot rod stories, Hot Rod Roots (2007) by the hobby's top authors; a portfolio of vintage photos embellished by Jim Miller, Portfolio 1 Boys and Their Toys (2009); and a primer on hot rodding, The Great American Hot Rod Explained (2012), for young and old alike.

BMWYY INVESTOR ALERT: ROSEN, A TOP LAW FIRM, Announces Investigation of Securities Claims Against Bayerische Motoren Werke AG– BMWYY

Retrieved on: 
Friday, January 3, 2020

NEW YORK, Jan. 03, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Bayerische Motoren Werke AG (OTC: BMWYY) resulting from allegations that BMW may have issued materially misleading business information to the investing public.

Key Points: 
  • NEW YORK, Jan. 03, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Bayerische Motoren Werke AG (OTC: BMWYY) resulting from allegations that BMW may have issued materially misleading business information to the investing public.
  • As a result of this news, BMWs share price fell $0.36, or 1.3% to close at $26.96 on December 23, 2019.
  • You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected] .
  • Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Mercedes-Benz is Canada’s top luxury manufacturer for the sixth consecutive year

Retrieved on: 
Friday, January 3, 2020

In 2019, Mercedes-Benz Canada achieved sales of 46,090 passenger vehicles, vans and smart units, with 40,324 representing passenger cars and luxury light trucks.

Key Points: 
  • In 2019, Mercedes-Benz Canada achieved sales of 46,090 passenger vehicles, vans and smart units, with 40,324 representing passenger cars and luxury light trucks.
  • This final number was bolstered by solid December 2019 sales of passenger cars and luxury light trucks, with 3,116 units sold.
  • 40,324 Mercedes-Benz passenger cars and luxury light trucks were delivered in 2019, a year which included three best-ever sales months (March, October and November).
  • Mercedes-Benz Canadas achievement as the countrys top luxury manufacturer for the sixth consecutive year reflects the fact that the exceptional Mercedes-Benz product lineup continues to resonate with consumers, and were extremely proud of that, said Brian D. Fulton, President & CEO of Mercedes-Benz Canada.