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Ryder Recognized for Culture of Innovation and Excellence by Fastmarkets Global Awards for Steel Excellence

MIAMI–(BUSINESS WIRE)–#steel—Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, announces it is the Logistics/Transportation Provider of the Year for the 11th Annual Global Awards for Steel Excellence by Fastmarkets. A prestigious panel of senior-level steel experts chose the winners from a pool of 90 finalists in […]

Shiloh Industries Reports Second-Quarter Fiscal 2020 Results

VALLEY CITY, Ohio–(BUSINESS WIRE)–Shiloh Industries, Inc. (NASDAQ: SHLO), an environmentally focused global supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and other industrial markets, today reported financial results for its fiscal 2020 second quarter ended April 30, 2020. Second-Quarter 2020 Highlights: Revenues were $157.9 million. Net loss was $58.7 million, including […]

Diodes Incorporated Optimizes PNP Transistors for Automotive Matrix LED Lighting

PLANO, Texas–(BUSINESS WIRE)–#ChooseDiodesInc–Diodes Incorporated (Nasdaq: DIOD) today announced the availability of the automotive-compliant ZXTP56060FDBQ and ZXTP56020FDBQ dual PNP transistors. These new products provide OEMs with a highly efficient solution for controlling matrix LED light clusters. The automotive industry is migrating to adaptive LED headlights and rapidly adopting dynamic turn signals based on LED technology. This […]

Luminar Scales Global Automotive Team, Onboards 5 Top Industry Execs

Tom Fennimore joins as CFO and Matthew Simoncini joins the Board of Directors PALO ALTO, Calif.–(BUSINESS WIRE)–Today, Luminar announced a significant expansion of its leadership as it drives into its next phase of growth in automotive. Over the next 18 months, the company is scaling its technology into series production, starting with Volvo in 2022, […]

Used Vehicle Market Continues to Strengthen

Subscribe to the J.D. Power Guidelines Plus Report for Full Access to Monthly Data MCLEAN, Va.–(BUSINESS WIRE)–In the July 2020 Used Car and Light Truck Guidelines Plus Industry Update, analysts from J.D. Power Valuation Services reported that wholesale used vehicle activity continued to improve over the course of June as the market fully recovered in […]

RumbleOn Registers Over 100 Dealers in 29 States for the New RumbleOn.com 3.0

Provides Powersport Dealers with Online Transaction Capabilities DALLAS–(BUSINESS WIRE)–RumbleOn (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced it has registered over 100 dealership locations in 29 states representing thousands of new and used powersports listings to participate in its upcoming […]

Iteris to Participate at 23rd Annual Oppenheimer Technology, Internet and Communications Conference on August 12, 2020

SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that president and CEO Joe Bergera, and CFO Douglas Groves will be hosting virtual meetings with investors on Wednesday, August 12, 2020 during the 23rd Annual Oppenheimer Technology, Internet and Communications Conference. For additional information or to […]

Automotive Audio Speakers Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Availability of Cost-effective Aftermarket Speakers to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#AutomotiveAudioSpeakersMarket–Technavio has been monitoring the automotive audio speakers market and it is poised to grow by USD 3.65 billion during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19 […]

Cooper Tire Serbia to Increase Capacity at Kruševac Facility

Serbian government provides approximately $8 million (USD) in incentives FINDLAY, Ohio–(BUSINESS WIRE)–Cooper Tire Serbia, a subsidiary of Cooper Tire & Rubber Company (NYSE:CTB), today announced it is well underway on a construction project to increase production capacity at its Kruševac tire manufacturing plant. With a strategic manufacturing footprint investment of approximately $55 million (USD) in […]

Facedrive Applies to Trade on Frankfurt Stock Exchange and OTCQX

TORONTO–(BUSINESS WIRE)–#FacedriveGermany–Facedrive Inc. (“Facedrive”) (TSXV: FD) a “people-and-planet first” business is pleased to announce that the company has applied to trade on the Frankfurt Stock Exchange (“FWB”) Deutsche Börse AG and the OTCQX® Best Market operated by the OTC Markets Group Inc. (OTCQX: OTCM). The Frankfurt Stock Exchange is the 10th largest stock exchange in […]

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