FCA US LLC

KBRA Assigns Preliminary Ratings to Santander Drive Auto Receivables Trust 2023-S1

Retrieved on: 
Tuesday, November 21, 2023

SDART 2020-4 is collateralized by a pool of subprime auto receivables originated and serviced by Santander Consumer USA (“SC”), which as of October 31, 2023, had an outstanding principal balance of approximately $359.9 million.

Key Points: 
  • SDART 2020-4 is collateralized by a pool of subprime auto receivables originated and serviced by Santander Consumer USA (“SC”), which as of October 31, 2023, had an outstanding principal balance of approximately $359.9 million.
  • SDART 2023-1 will issue three classes of notes: Class R1, Class R2 and Class RR.
  • KBRA has assigned preliminary ratings to Class R1 and Class R2.
  • Class RR, which represents the 5% vertical risk retention share of both the Class R1 and R2 notes, is not rated by KBRA.

Stop-drive: Urgent Need for Service - Call 833-585-0144

Retrieved on: 
Tuesday, July 11, 2023

One such vehicle was involved in a collision that caused its airbags to deploy.

Key Points: 
  • One such vehicle was involved in a collision that caused its airbags to deploy.
  • An occupant in the front-passenger seat, who was also the vehicle's owner, succumbed to a serious injury consistent with those observed in previous Takata inflator fatalities.
  • They are subject to recall because they contain chemical compounds that may deteriorate as they age – particularly if exposed to hot, humid climates.
  • Such conditions may cause these inflators to rupture on airbag deployment, scattering razor-sharp debris capable of causing serious injury or death.

Governor Greg Abbott Declares Airbag Recall Repair Month in June

Retrieved on: 
Tuesday, May 23, 2023

DALLAS, May 23, 2023 /PRNewswire/ -- Fourteen years, 24 deaths and more than 400 injuries later, the United States is still dealing with the largest vehicle safety recall in its history. Defective Takata airbags are putting Americans at risk every day; there are currently more than 7.1 million vehicles on the road with at least one unrepaired, recalled airbag. Here in Texas, nearly one million vehicles – across all makes and models – have unrepaired, recalled airbags. When exposed over time to heat and humidity, these recalled airbags can transform from life-saving devices to life-threatening ones. In a crash, defective airbags can rupture sending metal shrapnel through the vehicle that can cause serious injury, disfiguration or death.

Key Points: 
  • To help keep drivers safe heading into the summer travel season, Governor Greg Abbott has joined Check To Protect , in partnership with local Chrysler, Dodge, Jeep and Ram dealers and other Check To Protect Coalition members, in designating June as Airbag Recall Repair Month in Texas.
  • If you have an airbag recall, or any other safety recalls, follow the link to find your closest authorized dealership and schedule your repair.
  • Many dealers provide complimentary transportation while vehicles are being repaired, and others have mobile repair service that bring the airbag repair service to a driver's home.
  • Airbag Recall Repair Month is hosted by FCA US LLC (maker of Chrysler, Dodge, Jeep and Ram) as part of the Check To Protect program.

June is Airbag Recall Repair Month in Florida

Retrieved on: 
Tuesday, May 23, 2023

ORLANDO, Fla., May 23, 2023 /PRNewswire/ -- Fourteen years, 24 deaths and more than 400 injuries later, the United States is still dealing with the largest vehicle safety recall in its history. Defective Takata airbags are putting Americans at risk every day; there are currently more than 7.1 million vehicles on the road with at least one unrepaired, recalled airbag. Here in Florida, more than 388,600 vehicles – across all makes and models – have unrepaired, recalled airbags. When exposed over time to heat and humidity, these recalled airbags can transform from life-saving devices to life-threatening ones. In a crash, defective airbags can rupture sending metal shrapnel through the vehicle that can cause serious injury, disfiguration or death.

Key Points: 
  • To help keep drivers safe heading into the summer travel season, Check To Protect – in partnership with local Chrysler, Dodge, Jeep and Ram dealers and other Check To Protect Coalition members – have designated June as Airbag Recall Repair Month in Florida.
  • If you have an airbag recall, or any other safety recalls, follow the link to find your closest authorized dealership and schedule your repair.
  • Many dealers provide complimentary transportation while vehicles are being repaired, and others have mobile repair service that bring the airbag repair service to a driver's home.
  • Airbag Recall Repair Month is hosted by FCA US LLC (maker of Chrysler, Dodge, Jeep and Ram) as part of the Check To Protect program.

June is Airbag Recall Repair Month in New Mexico

Retrieved on: 
Tuesday, May 23, 2023

ALBUQUERQUE, N.M., May 23, 2023 /PRNewswire/ -- Fourteen years, 24 deaths and more than 400 injuries later, the United States is still dealing with the largest vehicle safety recall in its history. Defective Takata airbags are putting Americans at risk every day; there are currently more than 7.1 million vehicles on the road with at least one unrepaired, recalled airbag. Here in New Mexico, more than 63,000 vehicles  – across all makes and models – have unrepaired, recalled airbags. When exposed over time to heat and humidity, these recalled airbags can transform from life-saving devices to life-threatening ones. In a crash, defective airbags can rupture sending metal shrapnel through the vehicle that can cause serious injury, disfiguration or death.

Key Points: 
  • To help keep drivers safe heading into the summer travel season, Check To Protect – in partnership with local Chrysler, Dodge, Jeep and Ram dealers and other Check To Protect Coalition members – have designated June as Airbag Recall Repair Month in New Mexico.
  • If you have an airbag recall, or any other safety recalls, follow the link to find your closest authorized dealership and schedule your repair.
  • Many dealers provide complimentary transportation while vehicles are being repaired, and others have mobile repair service that bring the airbag repair service to a driver's home.
  • Airbag Recall Repair Month is hosted by FCA US LLC (maker of Chrysler, Dodge, Jeep and Ram) as part of the Check To Protect program.

June is Airbag Recall Repair Month in Mississippi

Retrieved on: 
Tuesday, May 23, 2023

JACKSON, Miss., May 23, 2023 /PRNewswire/ -- Fourteen years, 24 deaths and more than 400 injuries later, the United States is still dealing with the largest vehicle safety recall in its history. Defective Takata airbags are putting Americans at risk every day; there are currently more than 7.1 million vehicles on the road with at least one unrepaired, recalled airbag. Here in Mississippi, more than 124,000 vehicles  – across all makes and models – have unrepaired, recalled airbags. When exposed over time to heat and humidity, these recalled airbags can transform from life-saving devices to life-threatening ones. In a crash, defective airbags can rupture sending metal shrapnel through the vehicle that can cause serious injury, disfiguration or death.

Key Points: 
  • To help keep drivers safe heading into the summer travel season, Check To Protect – in partnership with local Chrysler, Dodge, Jeep and Ram dealers and other Check To Protect Coalition members – have designated June as Airbag Recall Repair Month in Mississippi.
  • If you have an airbag recall, or any other safety recalls, follow the link to find your closest authorized dealership and schedule your repair.
  • Many dealers provide complimentary transportation while vehicles are being repaired, and others have mobile repair service that bring the airbag repair service to a driver's home.
  • Airbag Recall Repair Month is hosted by FCA US LLC (maker of Chrysler, Dodge, Jeep and Ram) as part of the Check To Protect program.

Archer Announces Third Quarter 2022 Results

Retrieved on: 
Thursday, November 10, 2022

We consider the use of non-GAAP financial measures helpful in assessing our current financial performance, ongoing operations and prospects for the future as well as understanding financial and business trends relating to our financial condition and results of operations.

Key Points: 
  • We consider the use of non-GAAP financial measures helpful in assessing our current financial performance, ongoing operations and prospects for the future as well as understanding financial and business trends relating to our financial condition and results of operations.
  • We believe that excluding stock-based compensation expenses enhances our ability and the ability of investors to understand the impact of non-cash stock-based compensation on our operating results and to compare our results against the results of other companies.
  • In addition, as noted above, we evaluate the non-GAAP financial measures together with the most directly comparable GAAP financial information.
  • Investors are encouraged to review the reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures included in this release.

Jeep®-branded Edition By ADDAX™ Overland Trailer Named 2022 Global Media Award Winner at the SEMA Show

Retrieved on: 
Monday, November 7, 2022

LAS VEGAS, Nov. 07, 2022 (GLOBE NEWSWIRE) -- The Jeep-branded Edition by ADDAX Overland Trailer was recognized with a 2022 Global Media Award this week at the SEMA Show in Las Vegas for its new overlanding trailer co-launch.

Key Points: 
  • LAS VEGAS, Nov. 07, 2022 (GLOBE NEWSWIRE) -- The Jeep-branded Edition by ADDAX Overland Trailer was recognized with a 2022 Global Media Award this week at the SEMA Show in Las Vegas for its new overlanding trailer co-launch.
  • "We are thrilled that the Jeep-branded Edition by ADDAX Overland Trailer has been recognized as a global game changer at SEMA," said ADDAX CEO Kirk Jowers.
  • The Jeep-branded Edition by ADDAX Overland Trailer's high-strength, lightweight engineering makes it the perfect companion for technical rock climbers and beginner off-roaders alike.
  • The Jeep Edition by ADDAX Overland Trailer was also selected as a "Featured Product" in SEMA's highly-coveted New Product Showcase.

The Jeep® Brand Announces Unprecedented Overlanding Trailer Co-Launch With ADDAX Overland™

Retrieved on: 
Friday, November 4, 2022

LAS VEGAS, Nov. 04, 2022 (GLOBE NEWSWIRE) -- The Jeep brand and ADDAX OverlandTM are proud to launch the Jeep Branded Edition by ADDAX Overland Trailer.

Key Points: 
  • LAS VEGAS, Nov. 04, 2022 (GLOBE NEWSWIRE) -- The Jeep brand and ADDAX OverlandTM are proud to launch the Jeep Branded Edition by ADDAX Overland Trailer.
  • The Jeep Branded Edition's independent torsion axle trailer suspension system provides an aggressive 17 inches of ground clearance for maximum maneuverability, control and comfort.
  • "We are proud to have earned the Jeep brand's trust by creating a trailer that can conquer any terrain" says ADDAX CEO Kirk Jowers.
  • "The Jeep Branded Edition by ADDAX can truly follow a Jeep Trail-Rated vehicle anywhere and demonstrates the Jeep Brand's commitment to empowering our community with the gold standard in overlanding performance.

Archer Announces Second Quarter 2022 Results

Retrieved on: 
Wednesday, August 10, 2022

We prepare and maintain our budgets and forecasts for future periods on a basis consistent with this non-GAAP financial measure.

Key Points: 
  • We prepare and maintain our budgets and forecasts for future periods on a basis consistent with this non-GAAP financial measure.
  • We believe that excluding stock-based compensation expenses enhances our ability and the ability of investors to understand the impact of non-cash stock-based compensation on our operating results and to compare our results against the results of other companies.
  • In addition, as noted above, we evaluate the non-GAAP financial measures together with the most directly comparable GAAP financial information.
  • Investors are encouraged to review the reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures included in this release.