Westlake Flooring Services Offers Direct Purchasing through ALLY’s SmartAuction Website
LOS ANGELES–(BUSINESS WIRE)–Westlake Flooring Services announces a strategic agreement with SmartAuction, Ally Financial’s online auction platform, to enable dealers to purchase inventory through SmartAuction’s website using their Westlake floor plan. “Westlake Flooring’s goal is to make it effortless for dealers to use their flooring credit line,” commented Jonathan Zhan, Senior Vice President of Westlake Flooring […]
Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today announced that its Board of Directors has declared a cash dividend of $0.17 per share on the Company’s common stock […]
EnPro Industries Announces Agreement to Sell All Assets Related to the STEMCO Motor Wheel® and Crewson® Businesses
CHARLOTTE, N.C.–(BUSINESS WIRE)–EnPro Industries, Inc. (NYSE: NPO) announced that a definitive agreement to sell all assets related to the STEMCO Motor Wheel® brake drum and Crewson® brake adjuster brands (collectively the “business”), has been entered into with Hendrickson USA, LLC. The sale is expected to close in the third quarter of 2020 and is subject […]
KBRA Releases Auto Loan ABS Indices for July
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases its auto loan ABS indices for July. July remittance reports showed solid auto loan credit performance during the June collection period, despite the labor market recovery losing steam as new COVID-19 cases surged across much of the Southern and Western United States. Early-stage delinquencies (30 to 59 […]
RumbleOn Reports Second Quarter 2020 Results
Achieved Earnings Per Share Profit of $0.47 versus $(11.69) Loss per Share in Q2 2019 Grew Total Gross Profit per Vehicle 74% Year-over-Year Q3 is Showing the Strongest Demand and Highest Online Activity in the Company’s History DALLAS–(BUSINESS WIRE)–RumbleOn, Inc (NASDAQ: RMBL), an e-commerce company using innovative technology to aggregate and distribute pre-owned vehicles to […]
EV/AV Report: August 17, 2020
Toronto, Ontario — In this week’s EV/AV Report, we see major brand decisions made by Hyundai, “landmark” orders for electric refuse trucks and China’s CATL working on technology that will make systems less bulky. STANDALONE BRAND Hyundai is officially turning IONIQ into a standalone brand dedicated to future electric vehicles. IONIQ became the world’s first automobile […]
Symbol of Hope: Airbus A380’s eye-catching message, painted by AkzoNobel takes on extra significance
Toronto, Ontario — When AkzoNobel supplied the coatings for this Hi Fly Airbus A380 in 2018, the company was helping to paint a picture of hope as it carried the Mirpuri Foundation’s message to save the world’s coral reefs. Two years after the livery was applied, the same aircraft became the only one of its […]
Extending Education: Axalta announced extension to partnership with I-CAR Canada
Toronto, Ontario — Axalta has announced that they have extended its participation in I-CAR’s Sustaining Partner Program in North America to include Canada, effective July 1, 2020. With Axalta involved in this program it allows refinishing students more accessible and affordable training, either virtual or in-person. This program is available at Axalta’s Learning and Development […]
Too-da-loo Titan: Nissan Titan set to be discontinued in Canada
Toronto, Ontario — The Nissan Titan’s legacy in Canada will come to end in Canada because the automaker wishes to focus its resources on its core strengths. “The Nissan TITAN pickup truck will not be sold in Canada beyond model year 2021. We will focus our resources on existing core models in our crossover and […]
Purexall 10: Rexall Laboratories’ heavy-duty degreaser and disinfectant is tested to be effective against SARS-CoV-2
Toronto, Ontario — In response to the current pandemic, Rexall Laboratories and Chemicals identified the need for a new and innovative product that is proudly made in Canada for Canadians to help in the fight against COVID-19. Rexall’s Purexall 10 is a new and unique environmentally friendly, biodegradable cleaner/degreaser and disinfectant. The Purexall 10 formulations […]
