Renesas Announces New Sales Organizational Structure and Executive Personnel Changes to Drive Next Phase of Growth
– Establishment of Global Sales & Marketing Unit, Integrating Sales and Marketing Functions of Automotive and IoT & Infrastructure Businesses – Appointment of Chris Allexandre as Renesas’ Chief Sales & Marketing Officer and Head of Global Sales & Marketing Unit – Appointment of Vivek Bhan as Co-General Manager of Automotive Solution Business Unit, Alongside Takeshi […]
FPT Software Launches MaaZ – A full suite of AUTOSAR Safety and Efficiency Solutions
The Vietnam-based software company’s new software stack provides OEMs and automotive suppliers with a faster way to become AUTOSAR-compliant HANOI, Vientam–(BUSINESS WIRE)–#AUTOSAR–FPT Software, a global partner for the development of the Software-Defined Vehicle, closed out the month of October by revealing its new automotive software solution stack, MaaZ, at two international auto shows – Automotive […]
Asbury Automotive Group, Inc. Announces Appointment of Nathan Briesemeister as Vice President, Chief Accounting Officer & Controller
DULUTH, Ga.–(BUSINESS WIRE)–Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest automotive retail and service companies in the U.S., announced that Nathan Briesemeister joined the Company as its Vice President, Chief Accounting Officer & Controller effective November 7, 2022. “I am very excited to have Nathan join the Asbury Team. […]
Vroom Announces Record Ecommerce Gross Profit Per Unit of $4,206
Continued Progress on Long-Term Roadmap NEW YORK–(BUSINESS WIRE)–Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the third quarter ended September 30, 2022. HIGHLIGHTS OF THIRD QUARTER 2022 VERSUS SECOND QUARTER 2022 Ecommerce gross profit per unit of $4,206, up 16% SG&A expenses decreased $18.3 million […]
Kimball Electronics Reports Q1 Results with Record Sales and Improving Year-Over-Year Operating Margin; Company Affirms Guidance for Fiscal 2023 with Full Year Expected at the High-End of the Range for Sales and Operating Margin
Net sales in the first quarter of fiscal 2023 totaled $405.9 million, an all-time quarterly high and up 39% year-over-year; foreign currency had a 5% unfavorable impact on net sales compared to the first quarter of fiscal 2022 Operating income of $13.6 million, or 3.3% of net sales, compared to operating income of $4.8 million, […]
Aurora and Ryder to Pilot On-Site Fleet Maintenance for Autonomous Trucking
With Ryder technicians embedded in Aurora’s terminal, the companies aim to maximize the utilization of autonomous trucks DALLAS & MIAMI–(BUSINESS WIRE)–$AUR #aurora–Aurora Innovation Inc. (NASDAQ: AUR), a leading autonomous vehicle company, and Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announce a strategic collaboration to pilot on-site […]
Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2022
ATHENS, Greece–(BUSINESS WIRE)–Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world’s largest independent owners of containerships, today reported unaudited results for the period ended September 30, 2022. Highlights for the Third Quarter and Nine Months Ended September 30, 2022: Adjusted net income1 of $176.9 million, or $8.71 per share, for the three months ended September […]
Custom Truck One Source to Participate in the Deutsche Bank 2022 Industrials Conference
KANSAS CITY, Mo.–(BUSINESS WIRE)–Custom Truck One Source, Inc. (“Custom Truck One Source” or the “Company”) (NYSE: CTOS) today announced that Chief Financial Officer, Chris Eperjesy, will participate in a fireside chat and will meet with institutional investors at the Deutsche Bank 2022 Industrials Conference on Monday, November 14, 2022. The fireside chat is scheduled to […]
Lyft Announces Third Quarter Results
Q3 revenue of $1.05 billion was an all-time high Q3 net loss of $422.2 million Q3 Adjusted EBITDA of $66.2 million exceeded our outlook SAN FRANCISCO–(BUSINESS WIRE)–Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its third quarter ended September 30, 2022. “I’m extremely proud of the strong results the team delivered in Q3. We are […]
Lightning eMotors Reports Financial Results for Third Quarter 2022
Record quarterly revenue of $11.1 million Sold a record 93 zero-emission vehicles Produced 104 vehicles and powertrains during the quarter, up from 43 in the prior year quarter Announced strategic partnership with GoBolt to deploy 170 zero-emission cargo vans and box trucks across the U.S. and Canada Announced 2nd Generation repower program for 40-foot transit […]
