Toyoda Gosei to Partner With Ossia Inc., a World Leader in Wireless Power

KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has concluded a joint development agreement with Ossia Inc., a U.S. startup that leads the world in the field of wireless power solutions. The two companies will work to apply wireless power technology in vehicle cabins, smart cities, and more. In recent years, Toyoda Gosei has focused increasingly […]

U.S. Xpress Enterprises Reports Second Quarter 2020 Results

CHATTANOOGA, Tenn.–(BUSINESS WIRE)–U.S. Xpress Enterprises, Inc. (NYSE:USX) (the “Company”) today announced results for the second quarter of 2020. Second Quarter 2020 Financial Highlights Operating revenue of $422.5 million compared to $413.9 million in the second quarter of 2019 Operating income of $16.3 million compared to $8.8 million in the second quarter of 2019 Operating ratio […]

TTN Introduces “Intra-sourcing” with White Paper

ARGYLE, Texas–(BUSINESS WIRE)–Tyler Harden, Executive Vice President of TTN Fleet Solutions, announced today the company’s release of a white paper titled, Intra-sourcing: A Model for Collaboration and Business Continuity. Harden described “Intra-sourcing” as a business model that captures the benefits of both insourcing and outsourcing — one that would allow fleet maintenance professionals and contact […]

NTS Invests $500,000 to Expand Environmental Testing at Fullerton Lab to Keep Up with Demand

Orange County’s Most Robust One-Stop Shop for Defense, Space, Medical, Aviation, and Electric Vehicle Testing Adds New Capacity during Pandemic ANAHEIM, Calif.–(BUSINESS WIRE)–#AHigherStandard—NTS, the undisputed leader in testing, inspection, and certification solutions in North America, is pleased to announce that its laboratory in Fullerton, California has expanded its environmental testing capabilities with a $500,000 investment. […]

Report: 63% of U.S. Drivers Would Consider a Change to UBI

Research from Cambridge Mobile Telematics and IoT Insurance Observatory show drivers across all segments are ready for telematics. CAMBRIDGE, Mass.–(BUSINESS WIRE)–Research shows that 63% of U.S. consumers are open to changing their current auto insurance policy for one with a telematics-based premium, according to a new report jointly published today by Cambridge Mobile Telematics, the […]

The Presidio Group Advises on the Sale of Jaguar Land Rover North Austin

Park Place Dealerships finds the right buyer AUSTIN, Texas–(BUSINESS WIRE)–The Presidio Group LLC (“Presidio”), a leading investment bank specializing in retail automotive and related M&A transactions, exclusively advised Park Place Dealerships on the sale of Jaguar North Austin and Land Rover North Austin in Austin, TX to Sewell Automotive Companies. “The Sewell family is known […]

2020 North America Connected Roadside Assistance Solution Market – Trend Forecast & Growth Opportunity – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “North America Connected Roadside Assistance Solution Market 2020-2026 by Offering, Vehicle Type, Service Type, Solution Provider, and Country: Trend Forecast and Growth Opportunity” report has been added to ResearchAndMarkets.com’s offering. North America connected roadside assistance solution market is expected to grow by 10.8% annually in the forecast period and reach $1,075.4 million by […]

Tekion Launches Industry First Zero-Contact Digital Sales and Service, Consumer Focused Applications, as Part of Its Revolutionary Automotive Retail Cloud Platform

Delivering constant innovation to car buying and servicing. SAN RAMON, Calif.–(BUSINESS WIRE)–Tekion, a technology company, announced today the launch of its latest innovative consumer facing products for dealers, Zero-Contact Digital Sales and Service. These proprietary applications are part of Tekion’s Automotive Retail Cloud, the first and fastest cloud-native retail operating platform that seamlessly connects all […]

AVIN Waterloo Ventures at Communitech Announces Next Cohort of Startups

Ten companies will receive up to $50,000 each for eligible costs related to autonomous vehicles or HD mapping technologies KITCHENER, Ontario–(BUSINESS WIRE)–AVIN Waterloo Ventures at Communitech has named 10 companies to its second cohort, each of which will receive investment and mentorship as they work on autonomous vehicle technology and connected transportation solutions. The Autonomous […]