APC Automotive Technologies Successfully Completes Restructuring
Reduced debt by more than $290 million Obtained $50 million in new senior secured financing LITTLETON, Colo.–(BUSINESS WIRE)–APC Automotive Technologies, LLC, together with certain of its subsidiaries, (“APC” or the “Company”), today announced that it has successfully implemented the debt restructuring set out in the Restructuring Support Agreement with its asset-based lenders, term loan lenders, […]
Blain’s Farm & Fleet and Cherryland Electric Cooperative Bring First Fast-Charge EV Station to Northern Michigan
TRAVERSE CITY, Mich.–(BUSINESS WIRE)–Blain’s Farm & Fleet, in partnership with Cherryland Electric Cooperative (Cherryland), celebrated the installation of the first universal DC Fast-Charge electric vehicle (EV) station in northern Michigan this week. Completed this spring, the two businesses partnered to bring this unique and fast-charging EV station to the retailer’s US-31 location. “Blain’s Farm & […]
VeriShip Named to SDCE 100 Top Supply Chain Projects for 2020
Optimized shipping operations saved client SimpleTire $1M KANSAS CITY, Mo.–(BUSINESS WIRE)–#ecommerce—VeriShip, a SaaS-based business optimization and spend management platform, today announced its selection to Supply & Demand Chain Executive’s SDCE 100, a prestigious list spotlighting successful and innovative supply chain projects that deliver bottom-line value to small, medium and large enterprises. VeriShip was chosen for […]
HiQ Social App by HiRide Reaches Over 500,000 Downloads In One Month
TORONTO–(BUSINESS WIRE)–#FacedriveHiride—Facedrive Inc. (“Facedrive”) (TSXV: FD), a Canadian “people-and-planet-first” tech ecosystem, is thrilled to announce that its wholly-owned subsidiary, HiRide Share Ltd. (“HiRide”), a socially-responsible business offering innovative transportation and communication solutions, has achieved over 500,000 downloads of its HiQ Social App within just one month of its release. HiQ (the “App”) is a mobile […]
Gettacar and NBA Superstar Carmelo Anthony Team Up Again to Give Away a Car
DC Nonprofit Bread for the City Gets Timely Gift PHILADELPHIA–(BUSINESS WIRE)–Online car buying platform gettacar and NBA superstar Carmelo Anthony announced today they are donating a car to Washington DC nonprofit Bread for the City. In a ceremony at Bread for the City’s Northwest Center, gettacar Co-Founder and Head of Marketing Jake Levin presented the […]
EV/AV Report: July 27, 2020
Toronto, Ontario — In this week’s EV/AV report two Quebec-based companies announce the joint sale of zero-emission garbage trucks, Ford Motor Company forms a new partnership to create driver-assistance systems and Toyota introduces a new platform allowing customers to buy vehicles via video chat. GAS-FREE GARBAGE This week, electric truck and bus maker The Lion Electric […]
Questioning Quality: The J.D. Power Initial Quality Study releases 2020 results
Toronto, Ontario — The J.D. Power 2020 Initial Quality Study released today, takes an updated look at the problems owners are having with their new vehicles, including those related to new technologies. This year’s redesigned study measures components that fail and features that are difficult to use, hard to understand or don’t work the way […]
Riddled with Recalls: Ford issues three safety recalls in North America
Toronto, Ontario — Ford Motor Company is issuing three safety recalls in North America, including select 2016-20 Lincoln MKX and Nautilus vehicles with 16-way power seats, 2021 Ford F-650 and F-750 vehicles with 7.3-litre engine and 2020 Ford Escape and Transit vehicles. In affected 2016-20 Lincoln MKX and Nautilus vehicles with 16-way power seats, there […]
Tropicana hosts Program Advisory Committee meeting
Toronto, Ontario — On Tuesday, July 21, Toronto-based Tropicana Community Services held its Program Advisory Committee meeting to inform members of the industry that its current graduating class is ready to accept their apprenticeships placements. During the meeting, members of the Program Advisory Committee, including Wayne Faria of Don Valley Toyota, Daryll O’Keefe of Fix […]
