Cummins and Isuzu Announce Global Mid-Range Powertrain and Advanced Engineering Collaboration
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited (Isuzu) announced agreements for a global mid-range diesel powertrain and an advanced engineering collaboration, marking another step forward in the Isuzu Cummins Powertrain Partnership (ICPP). The partnership, formed in May 2019, formalized a business structure for the two companies to evaluate and carry out […]
CORRECTING and REPLACING MULTIMEDIA Ford Raises Planned Investment in EV, AV Leadership to $29 Billion; Further Advances Turnaround of Global Automotive Business in Q4
DEARBORN, Mich.–(BUSINESS WIRE)–Please replace the multimedia with the accompanying corrected multimedia. The updated release reads: FORD RAISES PLANNED INVESTMENT IN EV, AV LEADERSHIP TO $29 BILLION; FURTHER ADVANCES TURNAROUND OF GLOBAL AUTOMOTIVE BUSINESS IN Q4 Ford Motor Company (NYSE:F) today reported its 2020 fourth-quarter and full-year financial results. Click here or visit media.ford.com to view […]
Fisker Inc. to Participate in Upcoming Goldman Sachs Technology and Internet Virtual Conference
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – announced today that Henrik Fisker, chairman and chief executive officer of Fisker, will participate in the Goldman Sachs Technology and Internet Conference. Mr. Fisker’s “Fireside Chat” will be hosted on Thursday, […]
Carlisle Companies Reports Fourth Quarter Diluted Earnings per Share of $1.57
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Carlisle Companies Incorporated (NYSE:CSL) today announced its fourth quarter 2020 financial results. Reported consolidated fourth quarter revenue of $1.1 billion, with CCM quarterly sales turning positive on a year-over-year basis CCM reported record fourth quarter operating margin of 20.4% led by higher year-over-year sales volumes, continued benefits from pricing resolve and raw material […]
Wrightspeed to Participate in Stifel Virtual Transportation and Logistics Conference
CFO Suzy Taherian to be featured panelist in discussion of Fleet Electrification ALAMEDA, Calif.–(BUSINESS WIRE)–Wrightspeed, a leading manufacturer of electric powertrains for heavy local transport, today announced its participation in Stifel’s Virtual Transportation & Logistics Conference taking place February 9-10, 2021. As part of the conference, Wrightspeed Chief Financial Officer Suzy Taherian will be a […]
Classic Recreations Unveils World’s First Carbon Fiber 1967 Shelby GT500CR Mustang
The 810-HP vehicle produces 600 foot-pounds of torque and is roughly 600 pounds lighter than Classic Recreation’s stock Shelby GT500CR Fast Facts: Classic Recreations is the only vehicle manufacturer in the world to build exact-match Shelby GT500 Mustang carbon-fiber bodies for production, regardless of drivetrain option. Shelby American has entrusted the Classic Recreations brand as […]
American Chemical Society honors PPG Collegium member with 2021 Roy W. Tess Award
PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE:PPG) announced today that PPG retiree and PPG Collegium member Shanti Swarup has been honored with the prestigious 2021 Roy W. Tess Award in Coatings. The award is presented by the American Chemical Society’s Division of Polymeric Materials: Science and Engineering (ACS PMSE). The annual award recognizes outstanding contributions to coatings science, engineering […]
US Patent and Trademark Office (USPTO) Awards Hughes Tool Company Inc. Patent for Revolutionary Invention That Eliminates Battery Challenges and Limitations for Electric Vehicles (EV)
Patent # 10,787,089 “Methods and Apparatus for Powering A Vehicle” Awarded to Anthony Macaluso, Founder, Chairman And CEO SAN DIEGO–(BUSINESS WIRE)–Hughes Tool Company Inc. today announced that Anthony Macaluso, Founder, Chairman and CEO, has been awarded patent number 10,787,089, “Methods and Apparatus for Powering a Vehicle” from the US Patent and Trademark Office (USPTO). This […]
Automotive Retailing Insights: First Contact with Dealerships More Important Than Ever; Study Finds 75% of Consumers Who Contact Dealerships Plan to Buy Within Three Weeks
Pandemic has changed how consumers buy cars; they do more research up front and contact fewer dealers when ready to buy, according to Marchex study SEATTLE–(BUSINESS WIRE)–Marchex (NASDAQ: MCHX), a leading conversational analytics and solutions company that connects the voice of the customer to your business, today released findings from a major study of consumers […]
J.D. Power 2021 Canada ALG Residual Value Awards
Toyota Ranks Highest among Mainstream Brands; Lexus Ranks Highest among Premium Brands TORONTO–(BUSINESS WIRE)–ALG, the industry benchmark of automotive residual value projections and a division of J.D. Power, today announced the winners of the J.D. Power 2021 Canada ALG Residual Value Awards, ranking Toyota (mainstream) and Lexus (premium) as the top brands in their respective […]
