Polaris Declares Regular Cash Dividend and Announces Covenant Relief

Retail Environment Continues Sharp Recovery Covenant Relief Provides Additional Financial Flexibility Maintains Quarterly Dividend MINNEAPOLIS–(BUSINESS WIRE)–Polaris Inc. (NYSE: PII) today announced a sharp turnaround in its business performance, the declaration of a regular quarterly cash dividend and amended covenant agreements. “I am extremely proud of the resiliency and dedication of our Polaris team, as their […]

Effectv Launches First-Ever Virtual Automotive Showroom on an MVPD

More than a dozen Tier 1 automotive brands are taking part in the free two-month preview on Xfinity X1 NEW YORK–(BUSINESS WIRE)–Effectv, the advertising sales division of Comcast Cable, today announced the launch of an industry-leading Virtual Automotive Showroom for Tier 1 automotive manufacturers. With this announcement, Effectv is giving automotive makers impacted by the […]

Shipments of Exclusive Co-Branded Collection by Facedrive and Bel-Air Athletics To Start Today

TORONTO–(BUSINESS WIRE)–#FDGiveback—Facedrive Inc. (“Facedrive”) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ridesharing network is excited to announce that the first batch of its capsule co-branded collection with Bel-Air Athletics has arrived at Facedrive’s Toronto facility, and first shipments of existing orders will be dispatched starting today. The exclusive co-branded collection, a result […]

Piedmont Lithium’s Chemical Plant PFS Demonstrates Exceptional Economics and Optionality of USA Location

NEW YORK–(BUSINESS WIRE)–$PLL #Lithium—Piedmont Lithium Limited (ASX:PLL; NASDAQ:PLL) (“Piedmont” or “Company”) is pleased to report the results of the Company’s pre-feasibility study (“PFS”) for its proposed lithium hydroxide chemical plant (“Chemical Plant”) in Kings Mountain, North Carolina, USA. The PFS assumes a stand-alone merchant Chemical Plant that would convert spodumene concentrate purchased on the global […]

Guidehouse Insights Names ChargePoint the Leading EV Charging Hardware Supplier

The competitive landscape of hardware suppliers is expected to continue to be highly diverse as new approaches to EV infrastructure come forward BOULDER, Colo.–(BUSINESS WIRE)–#ClimateChange–A new Leaderboard Report from Guidehouse Insights examines the strategy and execution of 15 companies offering solutions to the global electric vehicle (EV) charging market, with ChargePoint ranked as the top […]

Luxury Coach Service Vonlane Will Resume Select Routes in Texas on Friday, May 29th, Limits Passenger Count to 13 per Trip to Ensure Social Distancing

The popular coach service will deep clean between every trip, require face masks, conduct contactless fever scans, and implement other measures to ensure passenger and crew safety DALLAS–(BUSINESS WIRE)–Vonlane, the Texas-based premium transportation company, has announced it will resume select service routes on Friday, May 29th between Dallas and Austin; Dallas and Houston; and Houston […]

Return to Prosperity: Dave Flockhart of BETAG talks repair/replace

Toronto, Ontario ⁠— Dave Flockhart, chief operating officer of BETAG says facilities could significantly boost their productivity and gross profit margins by embracing a ‘repair first’ mindset post-pandemic. During an Elite Body Shop webinar yesterday, Flockhart, alongside Dave Luehr, president of Elite Body Shop Solutions, discussed the benefits of embracing a ‘repair first’ mindset in […]

Comment: Unretire Retire Your Ride (not Cash for Clunkers)

By Gideon Scanlon Toronto, Ontario — With the slow return to normal life after months of social isolation, American and Canadian politicians will soon turn their head to another problem—a sluggish economy. What role the automotive aftermarket will play in this remains to be seen. In making their policy decisions, lawmakers should turn to the […]

Deadline Notice: AIA and the University of the Aftermarket Foundation Scholarship Program

Toronto, Ontario — The deadline for the Automotive Industries Association (AIA) Canada and the University of the Aftermarket Foundation (UofAF) Scholarship Program is June 15. Selected applicants will receive $1,000 toward their post-secondary education.    While all students are encouraged to apply, priority in awarding scholarships will be given to those pursuing a career in the automotive […]

IBIS Partner in the Spotlight: 3M

Toronto, Ontario — The International Bodyshop Industry Symposium (IBIS) Global Summit 2020 had originally been scheduled for June 8 through June 10, though the event has been rescheduled for November 19 and 20 at Le Méridien in Monaco. As they prepare for the event, IBIS will be showcasing its relationship with a number of its IBIS […]