A Statement from David Smith, CEO of Sonic Automotive on the Passing of the Company’s Founder and Executive Chairman Bruton Smith
CHARLOTTE, N.C.–(BUSINESS WIRE)–Please see the statement below from David Smith, CEO of Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), on the passing of the Company’s founder and executive chairman Bruton Smith. “Yesterday, our company’s founder, executive chairman, and my father, Bruton Smith, passed away. He lived a truly remarkable life fulfilling his love for […]
K9s United Offers Florida Drivers Specialty License Plate to Benefit Canine Crime Fighters
Deadline approaching for presold plates to help provide vital K9 equipment and training JACKSONVILLE, Fla.–(BUSINESS WIRE)–K9s United, a national nonprofit dedicated to supporting law enforcement K9 units with vital equipment and training, is in the final months of accepting preorders for its approved state of Florida K9s United specialty license plate. The organization, based in […]
RumbleOn Appoints Seasoned Executive Shin Lee to its Board of Directors
IRVING, Texas–(BUSINESS WIRE)–RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), the nation’s first technology-based omnichannel powersports platform, today announced the appointment of Ms. Shin Lee to its Board of Directors. Ms. Lee is a seasoned executive bringing nearly 20 years of experience from leading Fortune 500 companies including Block Inc., and Wells Fargo. Following the […]
Autonomy EV Subscription Expands to Monterey, Santa Cruz, and Nearby Cities
SANTA MONICA, Calif.–(BUSINESS WIRE)–Autonomy, the electric vehicle subscription company that offers the cheapest, fastest, and easiest way to get a Tesla Model 3, and soon other models and brands, is now available to residents in Monterey, Santa Cruz, and other nearby cities. “Mass EV adoption in California continues to be a top priority for state […]
Polestar and Gores Guggenheim, Inc. Announce Closing of Business Combination
Polestar raises approximately $890 million gross proceeds; begins trading June 24 on Nasdaq under ticker “PSNY” GOTHENBURG, Sweden & LOS ANGELES–(BUSINESS WIRE)–Polestar Performance AB and its affiliates (“Polestar” or the “Company”), the global pure play, premium electric performance car company, and Gores Guggenheim, Inc. (“Gores Guggenheim”) (Nasdaq: GGPI, GGPIW and GGPIU), a special purpose acquisition […]
CDK Global Study Finds Gen Z Car Shoppers Spend More Time Researching and Find Purchase Process More Difficult Than Older Generations
81% of Gen Z survey respondents say they want to take time to understand their options, where older buyers would rather finish the process quickly. Gen Z shoppers report they experience more problems compared to Baby Boomers, including 45% of Gen Z frustrated with waiting on a salesperson and 52% with additional fees. Gen Z […]
Operations Design Leader KPI Integrated Solutions and Solid State Cooling Innovator Phononic To Build and Scale Innovative and Sustainable Cold Chain Solutions for Grocery eCommerce
KPI Integrated Solutions and Phononic form a strategic partnership to answer the demand for cold chain solutions for North American grocery retail and food industries BELTON, Mo. and DURHAM, N.C.–(BUSINESS WIRE)–KPI Integrated Solutions (KPI), a leading supply chain consulting, software, systems integration, and automation supplier and Phononic, the global leader in solid state cooling technology, […]
Hagerty Announces Capital Markets Veteran Jay Koval to Lead Investor Relations
TRAVERSE CITY, Mich.–(BUSINESS WIRE)–Hagerty (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, today announced Jay Koval as its Senior Vice President of Investor Relations. In this newly created role, Koval will guide the development of the company’s investor relations (IR) function for Hagerty. He […]
New Type of Vehicle Developed by Einride Gets NHTSA Approval to Operate on U.S. Public Road
The approval from the National Highway Traffic Safety Administration marks the first time a purpose-built autonomous, electric truck without a driver on board receives public road permission The pilot is a historic step for the U.S. road freight industry, following a pilot in 2019 where Einride’s Pod was the first autonomous, electric vehicle to operate […]
Mobil 1 to Continue its Legacy for the 100th Running of the Legendary Pikes Peak International Hill Climb
Pikes Peak Live, presented by Mobil 1, will stream the historic race exclusively on YouTube Mobil 1 has teamed up with drivers Jeff Zwart and Loni Unser to “Race to the Clouds” Hoonigan, BBI, and Mobil 1 join forces to create Hoonipigasus, a 1,400 horsepower, twin-turbo Porsche engineered to set the record on America’s Mountain […]
