IAA Announces Five Branch Relocations and Expansions

Represents a Threefold Total Capacity Increase across Key U.S. Markets WESTCHESTER, Ill.–(BUSINESS WIRE)–IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announced branch relocations and expansions in five key markets in California, Texas, New Jersey, Virginia, and South Dakota. The five locations now provide significantly more inventory storage in […]

PPG receives two awards for IT innovation from IDG’s CIO magazine

New software program earns FutureEdge 50 honor; CIO 100 Award is company’s fifth PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced that it has received the FutureEdge 50 and CIO 100 awards from IDG’s CIO magazine. PPG earned the FutureEdge 50 award for its PPG ASSET INTEGRITY MANAGEMENT™ (AIM™) system, which was introduced in the U.S. and Canada […]

Arcimoto Reports First Quarter 2020 Financial Results and Provides Corporate Update

EUGENE, Ore.–(BUSINESS WIRE)–$FUV #FUV–Arcimoto, Inc.®, (NASDAQ: FUV) makers of the Fun Utility Vehicle® (FUV®), Rapid Responder™, and Deliverator™—affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets—today provided a corporate update and announced financial results for the Company’s first quarter ended March 31, 2020. Management will host an investor webcast today, June 11, […]

Arcimoto Announces $8 Million Common Stock Only Registered Direct Offering Priced At-The-Market

EUGENE, Ore.–(BUSINESS WIRE)–$FUV #FUV–Arcimoto, Inc.®, (NASDAQ: FUV) makers of the Fun Utility Vehicle® (FUV®), Rapid Responder™, and Deliverator™—affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets—today announced the entry into agreements with institutional investors relating to the sale of 2,666,667 shares of its common stock at the market an offering price pursuant […]

KBRA Europe Releases Research – France’s Auto Industry Support Prioritises ESG Objectives

DUBLIN–(BUSINESS WIRE)–Kroll Bond Rating Agency Europe (KBRA) releases research highlighting how environmental and climate change concerns have increasingly influenced European Union governments’ policy agenda and have formed a central tenet of President Emmanuel Macron’s strategy to transform the French economy. France’s financial support package for the domestic automotive industry aims to undertake a structural transformation […]

Ascend Makes First Acquisition in China

Site will serve as hub for customers throughout Asia HOUSTON–(BUSINESS WIRE)–Ascend Performance Materials, the largest fully integrated producer of polyamide 66 resin, announced today it signed an agreement to purchase the assets of NCM (Changshu) Co., Ltd., and Tehe Engineering Plastic (Suzhou) Co., Ltd., located in Changshu Yushan High-tech Industrial Park (known as “The Park”), […]

The Fuel Rewards® Program and Shell Team up with DoorDash, Providing Relief to Dashers at the Pump

Dashers serving their communities during COVID-19 can save 10 cents per gallon at Shell through August 10th HOUSTON–(BUSINESS WIRE)–#covid19–Today the Fuel Rewards® program announced a new collaboration with DoorDash, the nation’s leading, on-demand logistics platform. The Fuel Rewards® program and Shell have joined forces to provide DoorDash’s drivers, known as Dashers, with a limited time […]

Comdata Boosts Support for Transportation Industry’s EMV Migration

Payment innovation leader urges business owners to begin migration process as looming deadline nears BRENTWOOD, Tenn.–(BUSINESS WIRE)–Comdata Inc., a FLEETCOR company and world leader in payment innovation, today announced the company is increasing support for truck stop merchants to complete the required EMV migration ahead of the Spring 2021 deadline, a six-month shift from its […]

Auto Insurance Websites Surpass Agents in Importance to Customer Interaction, J.D. Power Finds

Customer Experience Increasingly Being Driven by Digital Interactions with Insurers TROY, Mich.–(BUSINESS WIRE)–Remember all the talk that digital transformation would disrupt the auto insurance industry? Well, it’s real. According to the J.D. Power 2020 U.S. Auto Insurance Study,SM released today, insurance company websites—for the first time in the study’s 21-year history—officially surpass agents in terms […]

Guidehouse Insights Report Shows Deployments of Highly Automated Vehicles Are Unlikely before 2025

Automated driving technology development is proving more challenging than anticipated while economic impacts from the coronavirus are expected to further slow progress BOULDER, Colo.–(BUSINESS WIRE)–#AutomatedDriving–A new report from Guidehouse Insights projects the size of global and regional markets for light duty consumer and commercial vehicles with highly automated driving (AD) capability through 2030. Although 2020 […]