COVID-19 Impact and Recovery Analysis | Automotive Four-wheel Drive Vehicle Market 2020-2024 | Growing Demand for SUVs and Pick-Up Trucks to Boost Growth | Technavio
LONDON–(BUSINESS WIRE)–#AutomotiveFourwheelDriveVehicleMarket–Technavio has been monitoring the automotive four-wheel drive vehicle market and it is poised to grow by 3.87 million units during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Technavio […]
Trinseo Reports First Quarter 2020 Financial Results; Provides COVID-19 Update
First Quarter 2020 and Other Highlights Liquidity-focused actions taken in response to COVID-19 to improve the already strong position, including the reduction of capital spending, operating expenses, and working capital, which resulted in quarter-ending cash and cash equivalents of $440 million and Liquidity* of $937 million Net loss of $36 million and diluted EPS of […]
RumbleOn Appoints Michael Marchlik to its Board of Directors
Financial Services Veteran Joins the RumbleOn Board DALLAS–(BUSINESS WIRE)–RumbleOn, Inc (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced the appointment of Michael Marchlik to its Board of Directors. Marchlik serves as the Chief Executive Officer of the Advisory & Valuations […]
Carvana Announces First Quarter 2020 Financial Results
Retail Units Sold of 52,427, an increase of 43% YoY Revenue of $1.098 Billion, an increase of 45% YoY Total Gross Profit of $138.4 Million, an increase of 56% YoY Vehicles Purchased Directly from Customers up 157% YoY PHOENIX–(BUSINESS WIRE)–Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced […]
ECS Named Number One on Top 100 Vertical Market MSPs in 2020
Company recognized as top managed service provider for the second year in a row FAIRFAX, Va.–(BUSINESS WIRE)–#100MSP—ECS, a leader in advanced technology, science, and engineering solutions, has been named number one on the Top 100 Vertical Market MSPs for 2020 for the second year in a row. The annual list identifies and honors the top […]
3M and Ford Begin Shipping Newly Designed Powered Air-Purifying Respirators for Health Care Workers Fighting COVID-19
ST. PAUL, Minn.–(BUSINESS WIRE)–Newly designed powered air-purifying respirators (PAPRs), developed by Ford in close collaboration with 3M, are on the way to health care workers fighting COVID-19. Since late March, the companies have been working rapidly to design and deliver urgently needed PAPRs, drawing on 3M’s expertise in personal safety equipment, technology and regulatory requirements. […]
Ford and 3M Now Shipping Powered Air-Purifying Respirators to Health Care Workers; New Jersey Orders 500,000 Gowns
Ford, with design and testing consultation from 3M, and approval from the CDC’s National Institute for Occupational Safety and Health (NIOSH), begins shipping urgently needed powered air-purifying respirators (PAPRs) Designed and developed from idea to delivery by Ford and 3M in fewer than 40 days, the Ford-built PAPRs will help meet a surge in demand […]
Automotive Sensor Demand Resilient Despite COVID-19, Says Strategy Analytics
Penetration in ADAS, Electrification and Climate Controls Aid in Market Recovery BOSTON–(BUSINESS WIRE)–The latest forecast by Strategy Analytics suggests that COVID-19 will cause at least an 11% decline in demand for automotive sensors in 2020. However, there is expected to be a strong rebound in 2021 and demand growth in subsequent years will show greater […]
Superior Announces Plans to Appoint Raynard D. Benvenuti to its Board of Directors
D.C. Capital Partners, L.P. Withdraws Director Nomination SOUTHFIELD, Mich.–(BUSINESS WIRE)–Superior Industries International, Inc. (NYSE:SUP), one of the world’s leading aluminum wheel suppliers, announced today the Company will appoint Raynard D. Benvenuti to its Board of Directors immediately following the Company’s 2020 Annual Meeting of Stockholders, but no later than July 10, 2020. With the addition […]
Buckle Temporarily Adds Food and Delivery Insurance Coverage to Member Policies at No Additional Cost
As gig economy rideshare drivers step up to deliver food and supplies during COVID-19 crisis, Buckle responds with comprehensive protection for insured members ATLANTA–(BUSINESS WIRE)–#ATL—Buckle, a technology-driven financial services company, has been granted temporary approval to add insurance coverage to its rideshare driver members’ policies for the delivery of food, household supplies, and other packaged […]
