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Carlisle Companies Extends $1 Billion Credit Facility

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–On February 5, 2020, Carlisle Companies Incorporated (NYSE:CSL) completed an amendment and extension of their unsecured credit facility. The syndicate of lenders were comprised of: JPMorgan, Bank of America, Wells Fargo, Truist Bank, TD Bank, Mizuho Bank, HSBC and PNC Bank. The terms of the new credit facility include $1 billion of unsecured […]

DealerSocket Completes Acquisition of Auto/Mate

The combination of these two dealer-dedicated companies offers a full platform solution with deep focus on customer service and innovative software DALLAS–(BUSINESS WIRE)–DealerSocket, Inc., a leading provider of automotive software solutions, announced today the completion of its acquisition of Auto/Mate, a leader in Dealer Management Systems (DMS) for automotive dealerships. The closing of this acquisition […]

IAA Appoints Gail Evans to Board of Directors

Evans Brings Significant Digital Transformation and Technology Expertise WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, announces the addition of Gail Evans, Chief Digital Officer of Mercer, to its Board of Directors, effective February 5, 2020. “Gail will bring a digital edge and disruptive mindset, along with extensive […]

RLI Transportation Announces Partnership With Samsara

PEORIA, Ill.–(BUSINESS WIRE)–RLI Corp. (NYSE: RLI) — RLI Transportation, a division of RLI Insurance Company, announced today a partnership with Samsara, an Industrial IoT company that provides sensors and software to manage vehicle fleets and industrial operations. The partnership will provide RLI Transportation customers within the large trucking, public auto, and commercial specialty auto industries […]

Utility Trailer Manufacturing Co. Announces a Record-Breaking Year in Trailer Production

CITY OF INDUSTRY, Calif.–(BUSINESS WIRE)–#aerodynamics—Utility Trailer Manufacturing Co., the industry’s largest manufacturer of refrigerated trailers and a leading manufacturer of dry freight vans, flatbeds, and Tautliner® curtainsided trailers is proud to announce that in 2019 the company broke their all-time record for total trailer production. Utility produced just under 52,000 trailers in 2019 which included […]

Confidence in Leadership and Strategic Decision Spurs Berkshire Hathaway Automotive to Extended Renewal With CDK Global

HOFFMAN ESTATES, Ill.–(BUSINESS WIRE)–CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today announced renewal of an extended agreement with Berkshire Hathaway Automotive to provide CDK Drive, the core dealership management system (DMS) solution for the Berkshire Hathaway Automotive dealerships. “Berkshire Hathaway Automotive has seen firsthand how we are delivering on our promise […]

United States District Court Sides Again With Park Assist on Motion of Patent Infringement Case

NEW YORK–(BUSINESS WIRE)–United States District Judge, Honorable Roger T. Benitez, issued an Order (https://parkassist.box.com/v/ace-parking) on January 30, 2020, ruling in Park Assist’s favor by denying Ace Parking Management, Inc.’s (“Ace”) motion for sanctions against Park Assist. Ace’s motion had claimed that Park Assist’s patent infringement action against Ace was unfounded and did not have a […]

DealerSocket’s CRM Selected by Volkswagen Credit and Audi Financial Services for Integration with Maturity Manager

New integrations with DealerSocket’s CRM to help the OEM’s U.S. dealers forge deeper customer relationships DALLAS–(BUSINESS WIRE)–DealerSocket, Inc., a leading software provider to the automotive industry, today announced that VW Credit, Inc. selected its award-winning customer relationship management (CRM) suite to help drive connections between car buyers and its nearly 1,000 U.S. dealers. Through deep […]

HyreCar and Clutch Technologies Partnership Delivers Automotive Industry’s First Comprehensive Shared Fleet and On-Demand Mobility Solution

 Strategic alliance powers the seamless optimization and management of both subscription and gig fleets for dealers and manufacturers LOS ANGELES–(BUSINESS WIRE)–HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, today announced a partnership with Clutch Technologies, a Cox Automotive brand and the pioneer of subscription and mobility services software for the automotive industry. Together, HyreCar […]

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