Miller Barondess Files Lawsuit Against Nissan for Fraud
LOS ANGELES–(BUSINESS WIRE)–The court-appointed receiver for the Sage Group of auto dealerships has filed a lawsuit against Nissan Motor Co. and two subsidiaries for fraudulently forcing two popular Southern California dealerships into a fire-sale to a crony of Carlos Ghosn, the automaker’s fallen CEO. The Sage Group was founded by Morris Sage in 1969 and […]
Alcoa Schedules Fourth Quarter 2019 Earnings Release and Conference Call
PITTSBURGH–(BUSINESS WIRE)–Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, plans to announce its fourth-quarter 2019 financial results on Wednesday, January 15, 2020, after the close of trading on the New York Stock Exchange. The press release with financial results, and a related presentation, will be available on the “Investors” section of Alcoa’s […]
bitsensing to Showcase Innovation Award Winning Radar Technologies for Smart Cities at CES 2020
SEOUL, South Korea & LAS VEGAS–(BUSINESS WIRE)–#AIRTraffic—bitsensing, a radar technology startup for smart city and autonomous driving, has received CES 2020 Innovation Award as an Honoree in the Smart Cities category for its 24GHz FHD Camera Integrated Augmented Imaging Radar Traffic (AIR Traffic). This prestigious award, owned and produced by the Consumer Technology Association (CTA)®, […]
Advance Auto Parts Announces Purchase of the DieHard Brand from Transformco
RALEIGH, N.C. & HOFFMAN ESTATES, Ill.–(BUSINESS WIRE)–Advance Auto Parts, Inc. (NYSE: AAP) has acquired the DieHard brand from Transform Holdco LLC (“Transformco”), for $200 million utilizing cash on hand. This asset acquisition will give Advance the right to sell DieHard batteries, the most trusted brand in the automotive battery category, and enables Advance to extend […]
Polaris Schedules Fourth Quarter and Full Year 2019 Earnings Call and Webcast
MINNEAPOLIS–(BUSINESS WIRE)–Polaris Inc. (NYSE: PII) announced today that it will release its fourth quarter and full year 2019 financial results on Tuesday, January 28, 2020, and hold a webcast and conference call at 9:00 a.m. central time on the same day to discuss the results. The call will be hosted by Scott Wine, Chairman and […]
GEICO’s Roberts to Retire at the End of 2020, to Be Succeeded by Todd Combs of Berkshire Hathaway
CHEVY CHASE, Md.–(BUSINESS WIRE)–#geico–Bill Roberts, GEICO’s president and CEO, has announced that he will retire from GEICO in December 2020. Roberts began his career with GEICO in 1984 as an officer in the Marketing department. Over his 35-year career, he has helped lead GEICO to become the second largest auto insurance company in the U.S. […]
December Sales Will Fall as Auto Industry Sets Record for Transaction Prices, Incentive Spending
COSTA MESA, Calif.–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales in December are expected to be down from a year ago, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are projected to reach 1,272,300 units, a 2.8% decrease on a selling day adjusted basis compared with December […]
Rydeen to Showcase Tombo360 Rearview Mirror/DVR with Video Surveillance
TORRANCE, Calif.–(BUSINESS WIRE)–#BSS2–Rydeen Mobile Electronics, a cutting-edge electronics designer and manufacturer dedicated exclusively to advanced vehicle driver safety, announces a new and unique 360-degree video rearview replacement mirror with built-in touch capable 10-inch HD monitor. Unlike other mirrors that can capture and record DVR video, the Rydeen Tombo360 DVR Mirror also houses a 360-degree 4K […]
TravelCenters of America Inc. Announces the Reinstatement of the U.S. Government Biodiesel Tax Credit for 2018 and 2019
TA Will Recognize Approximately $72 Million in Credits in the Fourth Quarter 2019 Tax Credit Will Also Be Extended through 2022 WESTLAKE, Ohio–(BUSINESS WIRE)–TravelCenters of America Inc. (Nasdaq: TA) today announced that the U.S. Government biodiesel tax credit was retroactively reinstated for 2018 and 2019 in congressional legislation passed on December 20, 2019. TA expects […]
North America Bus Industry Report 2019: Focus on the $8.4 Million Industry with Analysis of 40 Fabricators Across all Bus Types – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Bus Industry in North America 2019” report has been added to ResearchAndMarkets.com’s offering. This report focuses on the $8.4 million industry with analysis of 40 fabricators across all bus types About the Report Market size and share breakouts by bus type for each bus manufacturer in North America Market size breakouts by chassis […]