Jeff Lewis – Chief Commercial Officer, Humanetics Group

FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–The HUMANETICS GROUP, best known for its automotive crash testing products, announced today that Jeff Lewis has joined the company as Chief Commercial Officer (CCO) reporting to Christopher O’Connor, President and CEO. In this role, he will be responsible for driving the commercial growth across all the Humanetics Group companies. With over […]

Facedrive Finalizing Disclosure Related to Completed Transaction

TORONTO–(BUSINESS WIRE)–#FacedriveHiride—Facedrive Inc. (“Facedrive” or the “Company”) (TSXV: FD), the Company would like to promptly respond to numerous inquiries as to its trading halt as of this morning. The Company is currently in the process of finalizing disclosure related to a transaction (the “Transaction”) that constitutes, in the understanding of management, material information. Facedrive had […]

Kandi America Announces Early Pre-Order Sales with Special Promotion

Electric vehicle manufacturer responds to influx of consumer interest ahead of August 18 launch event GARLAND, Texas–(BUSINESS WIRE)–Kandi America, the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international electric vehicle manufacturer, today announced the opening of pre-order sales and special promotional pricing in advance of its official August 18 virtual launch […]

Sincro Announces Partnership with accessiBe

Bringing a complete accessibility solution to auto dealer websites, for free. SEATTLE–(BUSINESS WIRE)–#SincroDigital—Sincro, an Ansira Company, and accessiBe launched a new partnership today, enabling accesiBe Web Accessibility Technology on all current generation Sincro websites at no additional cost to auto dealers. The addition of accessiBe means Sincro customers now have a comprehensive two-layered accessibility solution. […]

 Commercial Financial Consulting, LLC Closings During COVID 19 Crisis

BOSTON–(BUSINESS WIRE)–In October 2019, Commercial Financial Consulting, LLC pioneered an SBA backed Employee Stock Ownership Plan (ESOP) agreement with General Auto Recycling, Inc. which was founded in 1979. This landmark transaction was unique with no personal guarantee required, no loss of key personnel and no quarrel over price. The company has approximately 35 employees, some […]

Silicon Mitus Starts Mass-Producing Automotive OLED PMIC

PANGYO TECHNO VALLEY, South Korea–(BUSINESS WIRE)–#AutomotiveOLEDDisplay—Silicon Mitus, Inc. (Silicon Mitus), an advanced specialist in Power Management Integrated Circuit (PMIC), announced that it has completed the development of automotive OLED PMIC and starts supplying the new products in the global automotive market. Silicon Mitus develops and supplies OLED PMIC with a Korean OLED display manufacturer, which […]

Motorcar Parts of America Reports Fiscal 2021 First Quarter

— Monthly Sequential Sales Increases Following Extremely Weak April — LOS ANGELES–(BUSINESS WIRE)–Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2021 first quarter ended June 30, 2020 — reflecting the impact of industry softness in April with subsequent month-over-month increases in sales for the quarter, and extending into July. Net […]

Cummins and Navistar Announce New Long-Term Agreement

INDIANAPOLIS–(BUSINESS WIRE)–Global power leader Cummins Inc. (NYSE: CMI) and Navistar International Corp. (NYSE: NAV) announced another step forward in their partnership by extending their long-term agreement through the next two emission cycles, with Cummins being selected as Navistar’s preferred supplier of medium-duty and heavy-duty big bore engines for International Trucks and IC Buses in US […]

On OEM Certifications: CIECA hosting webinar on importance of certifications today

Toronto, Ontario — Today’s CIECAST webinar, featuring Connor Smith, senior manager of OEM for CARSTAR, will discuss the importance of OEM guidelines in an environment of frequent vehicle advancement.  The webinar, scheduled from 12 p.m. to 1 p.m. EDT, will share steps to review how guidelines can be added to the repair process, where information […]

Tuesday Ticker: August 11, 2020

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, Magna International reinstates its 2020 outlook alongside better-than-expected second-quarter results; Axalta initiates job cuts amid its pandemic losses and J.D. Power adds ALG to its roster, prompting “augmented offerings” from its data and analytics division. Outlooks and outcomes On August 7, Magna International reinstated its company outlook […]