Fisker Makes First 22 Deliveries of Fisker Ocean SUV to Customers in the United States
Fisker begins deliveries of vehicles to its first US customers. The 22 initial US deliveries are of the Fisker Ocean One launch edition SUV. The Fisker Ocean One and Fisker Ocean Extreme have a 360-mile range, the longest range of any new electric SUV in its class 1. The all-electric automaker has already commenced deliveries […]
Carmax Reports First Quarter Fiscal 2024 Results
RICHMOND, Va.–(BUSINESS WIRE)–CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2023. Highlights: Net revenues were $7.7 billion, down 17.4% compared with the prior year first quarter. Retail used unit sales declined 9.6%, and comparable store used unit sales declined 11.4%, each from the prior year’s first quarter; wholesale units declined […]
Solar X Works Welcomes GW Global Partners as Strategic Equity Investor
Strategic investment and engagement to secure path to growth SAN FRANCISCO–(BUSINESS WIRE)–Solar X Works, LLC today announced that GW Global Partners has taken a strategic equity position in the Company. Solar X Works, LLC The company is a US-based renew-tech startup, the recipient of the Impact Award from the Cascadia Cleantech Alliance, and a provider […]
Ouster Continues Merger Integration and Reaffirms Quarterly Guidance, Positioning the Company for Long-term Success
On track to achieve annualized merger cost synergies of at least $80-85 million Reaffirms second quarter 2023 revenue guidance of $18-20 million Further cost reductions designed to align with long term financial goals SAN FRANCISCO–(BUSINESS WIRE)–$OUST—Ouster, Inc. (NYSE: OUST) (“Ouster” or “the Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, […]
Sonic Automotive Announces EchoPark’s Plans to Address Current Pre-Owned Market Volatility
Focus on Key Markets Expected to Enhance Near-Term Performance While Maintaining Long-Term Strategic Plan CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the implementation of its plans to align the EchoPark brand with current pre-owned market conditions that are […]
