J.D. Power-GlobalData U.S. Automotive Forecast for January 2024

As Expected, Sales Pace Slows in January after Strong December TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Total Sales Forecast Total new-vehicle sales for January 2024, including retail and non-retail transactions, are projected to reach 1,087,900 units, a 1.5% decrease from January 2023, according to a joint forecast from J.D. Power and GlobalData. January 2024 has 25 […]
Freeport-McMoRan on Copper Prices: You Ain’t Seen Nothing Yet, an Industrial Info News Alert

SUGAR LAND, Texas–(BUSINESS WIRE)–Researched by Industrial Info Resources–Growing demand for copper and higher prices for gold are boosting fortunes at “There were the supply shortfalls throughout the industry for some significant mines, for a range of factors that are kind of common to our business,” said Kathleen Quirk, the president of Freeport-McMoRan, about the strong […]
Fisker Leadership to Attend National Automobile Dealers Association Show as Company Makes Strategic Shift to Dealer Partnerships

Fisker to share its plans with NADA attendees on Friday, February 2. CEO Henrik Fisker to be interviewed by NADA SVP Jonathan Collegio. Fisker has over 100 dealers in North America and Europe who have expressed interest in signing up for the new Dealer Partnership model. On January 4, Fisker announced a strategic shift to […]
Toyoda Gosei Increases Interior and Exterior Automotive Parts Production Capacity in USA

KIYOSU, Japan–(BUSINESS WIRE)– In the coming years automakers are expected to introduce more diverse lineups of vehicle types, including battery electric vehicles and others. With a view to this evolution in automobiles, Toyoda Gosei will establish a network that can provide products with a wide range of variations, such as many different types of large […]
Open Lending Partners with CreditSnap to Help Lenders Deliver Informed Decisions, Navigate Refinance Needs

Lending Enablement Solutions provider teams with lending and deposit automation platform to offer seamless pre-qualification and firm loan underwriting capabilities AUSTIN, Texas–(BUSINESS WIRE)– The integration with CreditSnap provides Lenders Protection customers with both pre-qualification and firm loan underwriting capabilities, as well as an exchange for targeted marketing and other lead-driven sources. The all-in-one platform pre-qualifies […]
Hyzon Delivers First Four Fuel Cell Electric Vehicles to Performance Food Group

Four Hydrogen Trucks to Hit the Road in Southern California as Part of Performance Food Group’s Decarbonization Efforts FONTANA, Calif.–(BUSINESS WIRE)–Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that it delivered four FCEVs to leading food distributor […]
Carvana to Report Fourth Quarter and Fiscal Year 2023 and Host Quarterly Conference Call on February 22

PHOENIX–(BUSINESS WIRE)–Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its fourth quarter and fiscal year 2023 financial results for the period ended December 31, 2023, after the market closes on Thursday, February 22, 2024. On that day, management will hold a conference call and […]
Allison to Provide e-Axles to Oshkosh Corporation for North America’s First Fully Integrated, Zero-Emission Electric Refuse Collection Vehicle

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is proud to be selected by Oshkosh Corporation as its electric axle supplier for North America’s first fully integrated, zero-emission electric refuse collection vehicle. The Allison eGen Power® 100S has been successfully integrated into the McNeilus® Volterra™ […]
LoopMe Survey: 57% of Americans Who Intend to Buy a Vehicle Won’t Purchase Until At Least One Year From Now

Long automotive sales cycles highlights importance of brand advertising Majority of 2,000+ U.S. survey respondents leaning toward gas powered large vehicles, such as SUVs and trucks, but there is growing consideration for alternatives NEW YORK–(BUSINESS WIRE)– “The long automotive sales cycle makes brand advertising critical for marketers looking to maintain brand awareness, favorability and consideration […]
SIXT USA Extends Off-Airport Presence With Six New Locations

SIXT continues robust U.S. expansion with new car rental branches from coast-to-coast in California, Colorado, Florida, Illinois, Oregon and Washington D.C. FORT LAUDERDALE, Fla.–(BUSINESS WIRE)– The opening of these new branches follows the recent opening of SIXT’s new Salt Lake City International Airport branch – the company’s first location in the state of Utah – […]