Fenix Parts Completes Acquisition of Neal Auto Parts
HURST, Texas–(BUSINESS WIRE)–Fenix Parent LLC, operating as Neal is an automotive recycler servicing the Central Illinois market with a population of approximately 1.3 million people. This is Fenix Parts’ eighth acquisition in the Midwest and brings Fenix’s location count to 27 full-service and 5 self-service locations. Bill Stevens, CEO of Fenix Parts, said, “We are […]
Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets
Dealership buy/sell transactions increased 6% YoY according to the Annual 2023 Blue Sky Report by Kerrigan Advisors; 680 franchises sold in 2023, an increase of 5.4% compared to 2022, defying broader corporate M&A trends INCLINE VILLAGE, Nev.–(BUSINESS WIRE)– “Despite negative headwinds of higher interest rates and declining profit margins, dealers continued to seek acquisitions, powered […]
SimScale Announces New AI-Powered Automotive Design Features
MUNICH–(BUSINESS WIRE)– SimScale, a fully cloud-native simulation platform, works with leading manufacturers, suppliers, and OEMs to ship better products faster while reducing R&D costs and increasing engineering innovation in a globally competitive landscape. Automotive companies use SimScale to design and optimize their products using a broad spectrum of analysis capabilities, including mechanical, thermal, CFD, and […]
Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: Currently Only Tesla, BYD, Leapmotor and Xpeng have Released CTC/CTB Technology – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The Passenger Car CTP, CTC and CTB Integrated Battery Industry Report, 2024 summarizes and studies the status quo of CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) for passenger cars and the layout of OEMs and suppliers in related products, and predicts the future development trends of passenger car […]
Indian Motorcycle Dealers Ranked Highest in 2024 Industry Study Measuring Response to Website Customers
Industry’s average performance declined: Increased use of texting was offset by lower speed and quality of email and phone responses MONTEREY, Calif.–(BUSINESS WIRE)–Polaris Inc’s Indian motorcycle dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to internet leads coming though powersports dealership websites. Following Indian […]
Lattice to Advance Functional Safety for Automotive and Industrial Applications
‒ Enhanced Collaboration with NewTec to Focus on Delivering Flexible, Scalable, and Easy-to-Implement Functional Safety Solutions – HILLSBORO, Ore.–(BUSINESS WIRE)– “Delivering innovative, low power FPGA solutions that are scalable, reliable, easy-to-use, and help our customers get to market quickly is a top priority at Lattice,” said Matt Dobrodziej, Corporate Vice President of Segment Marketing and […]
LiveWire Group, Inc. To Report First Quarter 2024 Results on April 25, 2024
Webcast Conference Call Scheduled for 8 a.m. CDT MILWAUKEE–(BUSINESS WIRE)–LiveWire Group, Inc. (NYSE: LVWR) will release its first quarter 2024 financial results before market hours Thursday, April 25, 2024. The public is invited to attend an audio webcast from 8-9 a.m. CDT. LiveWire leadership will be joining the Harley-Davidson, Inc. audio webcast to discuss LiveWire’s […]
Jacksonville Native Dillon Board receives sponsorship from Miller Electric Company for the Korn Ferry Tour
JACKSONVILLE, Fla.–(BUSINESS WIRE)–Miller Electric Company announces their sponsorship of Jacksonville native Dillon Board. Board will compete on the Korn Ferry Tour for the 2024 Season. His dedication, athleticism, and commitment to his hometown of Jacksonville make him an ideal partner for Miller EV Solutions, a division of Miller Electric Company dedicated to expanding and growing […]
Fastco Canada Names Lee Chaplin As New President
MONTREAL–(BUSINESS WIRE)–Fastco Canada, a premier manufacturer and wholesale distributor of wheels, tires, and accessories, today announced the appointment of Lee Chaplin as President, effective May 1, 2024. Lee, who previously served as the organization’s Vice President of Supply Chain, brings a wealth of experience and strategic vision to his new role. Following in the footsteps […]
Maniv Announces Third Early-stage Venture Fund of $140m to Accelerate the Decarbonization and Digitization of Global Transportation
TEL AVIV, Israel & NEW YORK–(BUSINESS WIRE)–Maniv, a global venture capital firm based in Tel Aviv and NYC, today announces the closing of its third fund, an $140m vehicle to invest in Seed and Series A stage startups that brings the firm’s assets under management to nearly $320m. Investing since 2016, Maniv was among the […]
