Westlake Flooring Services Offers Direct Purchasing through ALLY’s SmartAuction Website
LOS ANGELES–(BUSINESS WIRE)–Westlake Flooring Services announces a strategic agreement with SmartAuction, Ally Financial’s online auction platform, to enable dealers to purchase inventory through SmartAuction’s website using their Westlake floor plan. “Westlake Flooring’s goal is to make it effortless for dealers to use their flooring credit line,” commented Jonathan Zhan, Senior Vice President of Westlake Flooring […]
Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today announced that its Board of Directors has declared a cash dividend of $0.17 per share on the Company’s common stock […]
EnPro Industries Announces Agreement to Sell All Assets Related to the STEMCO Motor Wheel® and Crewson® Businesses
CHARLOTTE, N.C.–(BUSINESS WIRE)–EnPro Industries, Inc. (NYSE: NPO) announced that a definitive agreement to sell all assets related to the STEMCO Motor Wheel® brake drum and Crewson® brake adjuster brands (collectively the “business”), has been entered into with Hendrickson USA, LLC. The sale is expected to close in the third quarter of 2020 and is subject […]
KBRA Releases Auto Loan ABS Indices for July
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases its auto loan ABS indices for July. July remittance reports showed solid auto loan credit performance during the June collection period, despite the labor market recovery losing steam as new COVID-19 cases surged across much of the Southern and Western United States. Early-stage delinquencies (30 to 59 […]
RumbleOn Reports Second Quarter 2020 Results
Achieved Earnings Per Share Profit of $0.47 versus $(11.69) Loss per Share in Q2 2019 Grew Total Gross Profit per Vehicle 74% Year-over-Year Q3 is Showing the Strongest Demand and Highest Online Activity in the Company’s History DALLAS–(BUSINESS WIRE)–RumbleOn, Inc (NASDAQ: RMBL), an e-commerce company using innovative technology to aggregate and distribute pre-owned vehicles to […]
