Faraday Future Releases New In-Car Software Updates for the FF 91 2.0 Futurist Alliance
LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF,” “Faraday Future,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a series of new in-car software updates that will enhance both the in-vehicle infotainment experience as well as user-focused control features for the Company’s flagship FF 91 2.0 Futurist […]
Mobileye Releases New Visual Press Kit
JERUSALEM–(BUSINESS WIRE)–Mobileye today published an updated press kit featuring new multimedia assets highlighting the company’s core technologies, autonomous solutions and global presence. The updated Key Visuals Include: Photos of Mobileye’s new state-of-the-art headquarters, production vehicles equipped with the Mobileye SuperVision™ premium driver assistance system, test fleets powered by Mobileye’s Chauffeur™ and Drive™ platforms, and Prof. […]
CUPRA in preliminary talks with Penske Automotive Group ahead of entering the US market by 2030
> Launched in 2018 in Barcelona, Spain, CUPRA is one of the fastest growing car brands in Europe with 750,000 cars sold globally > Building on that success, CUPRA takes another major step in its globalization journey by entering the US market by the end of the decade > The brand is in preliminary talks […]
Kimball Electronics Wins Highest Customer Ratings in Seven Categories of CIRCUITS ASSEMBLY’S 2024 Service Excellence Awards
JASPER, Ind.–(BUSINESS WIRE)–Kimball Electronics, Inc. (Nasdaq: KE) was honored for achieving the Highest Overall Customer Ratings in seven categories of CIRCUITS ASSEMBLY’S 2024 Service Excellence Awards: Dependability/Timely Delivery, Manufacturing Quality, Responsiveness, Technology, Value for the Price, Flexibility, and Overall Satisfaction. CIRCUITS ASSEMBLY, a leading industry publication covering the mixed-technology electronics assembly marketplace, recognized companies that […]
New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis
Automotive lending enablement provider releases data on national and regional vehicle registrations in the near- and non-prime market for Q2 2024 AUSTIN, Texas–(BUSINESS WIRE)–Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, just released a new Near- and Non-Prime Consumer […]
Faraday Future Reports Financial Results for Third Quarter 2024
Strategic FX Second Brand Launch, Completion of Strategic Realignment, and Significant Middle East Expansion Mark Transformative Quarter. Successfully Secured and Closed on $30 Million Financing. Regained Full Nasdaq Compliance. FX Brand Launch Targets Mass Market with Models Targeted in $20,000-$50,000 Range with Potential Roll Off the Assembly Line by the End of 2025, Subject to […]
Cummins Celebrates Reopening Its Worldwide Technical Center Hub Office Tower in Columbus, Indiana
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) celebrated the reopening today of its worldwide technical center hub office tower in Columbus, Indiana. The office tower at the Cummins Technical Center (CTC) on McKinley Avenue had been under renovation since 2021. After having been mainly untouched, except for minor cosmetic improvements and flood restoration, since its original […]
EnerSys Reports Second Quarter Fiscal 2025 Results
Delivers Gross Margin of 28.5%, up 190 Basis Points From Prior Year Second Quarter Fiscal 2025 Highlights (All comparisons against the second quarter of fiscal year 2024 unless otherwise noted) Delivered net sales of $884M, down 2%, with strength in Motive Power offset by continued pressure in Communications and Class 8 Transportation Energy Systems improving […]
BRP’s Sea-Doo Dealers Ranked Highest in 2024 Boat Industry Study Measuring Response to Sales Customer Calls
Boat industry’s first measurement & ranking by Pied Piper’s Telephone Lead Effectiveness™ MONTEREY, Calif.–(BUSINESS WIRE)–BRP Inc’s Sea-Doo dealerships were ranked highest according to the 2024 Pied Piper PSI® Telephone Lead Effectiveness™ (TLE™) Study, which measured responsiveness to sales customers who phoned boat dealerships interested in purchasing a pontoon boat. Following Sea-Doo were dealerships selling Polaris […]
Faraday Future’s FX Brand Continues Its Ramp Up as It Kicks Off Hiring for Key Positions
LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has begun hiring for key positions for its second brand, Faraday X (FX), as it furthers its plans to realize its goal of launching its initial products […]
