Global Partners LP Announces Pricing of Private Offering of Senior Notes

WALTHAM, Mass.–(BUSINESS WIRE)–Global Partners LP (NYSE: GLP) (“Global”) today announced that it has priced its previously announced private offering of $350 million in aggregate principal amount of 6.875% senior unsecured notes due 2029 (the “Senior Notes”). The Senior Notes will be co-issued by GLP Finance Corp. and guaranteed by certain other subsidiaries of Global. The […]

Carvana Co. Announces Upsize and Pricing of Senior Notes Offering

PHOENIX–(BUSINESS WIRE)–Carvana Co. (“Carvana”) (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced it has upsized and priced the private placement of (i) $500.0 million in aggregate principal amount of its 5.625% Senior Notes due 2025 (the “2025 Notes”) and (ii) $600.0 million in aggregate principal amount of its 5.875% […]

Xilinx and Continental Collaborate to Create Auto Industry’s First Production-Ready 4D Imaging Radar for Autonomous Driving

SAN JOSE, Calif. & HANNOVER, Germany–(BUSINESS WIRE)–#ARS540—Xilinx, Inc. (NASDAQ: XLNX) and Continental today announced that Xilinx will power Continental’s new Advanced Radar Sensor (ARS) 540 with the Zynq® UltraScale+™ MPSoC platform, creating the automotive industry’s first production-ready 4D imaging radar. The collaboration enables newly-produced vehicles equipped with the ARS540 to realize SAE J3016 Level 2 […]

Keysight Works with Qualcomm Technologies and SGS to Advance Testing of Cellular Vehicle-to-Everything Technology

Companies verify initial C-V2X tests based on 3GPP Release 14 SANTA ROSA, Calif.–(BUSINESS WIRE)–#5G–Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, announced that the company is working with Qualcomm Technologies, Inc. and SGS to help advance testing of cellular […]

Plymouth Rock Assurance Introduces Motorcycle Insurance

New motorcycle and ATV coverages powered by Rider Insurance Company acquisition WOODBRIDGE, N.J.–(BUSINESS WIRE)–Plymouth Rock Assurance today announced the launch of its Motorcycle Insurance for riders across New Jersey and Pennsylvania. Introduced less than a year after the company acquired Rider Insurance Company, Plymouth Rock Motorcycle Insurance combines Rider’s 50-year history of serving the motorcycle […]

Redline Detection Launches New SpeedSmoke

Designed to Address Proliferation of Boosted Vehicles in Aftermarket ORANGE, Calif.–(BUSINESS WIRE)–#AlexParker—Redline Detection, the world’s leader in diagnostic leak detection technology, announced today the launch of SpeedSmoke, the first diagnostic leak detector of its kind, designed to address the proliferation of boosted vehicles in repair shops. SpeedSmoke is now available exclusively through Matco Tools for […]

Affinitiv Announces Renewal of the Kia Owner Retention Experience (KORE) Program

CHICAGO–(BUSINESS WIRE)–#Affinitiv—Affinitiv, the leading provider of data-driven marketing and software solutions to the automotive market, announced that Kia Motors America (KMA) will be extending the Kia Owner Retention Experience (KORE) Program with Affinitiv through December 31, 2023. The KORE Program is a fixed operations and service marketing tool that includes multi-channel communications via automated voice, […]

SUBARU Selects ON Semiconductor Image Sensing Technology for its New-Generation EyeSight® Driver Assist Platform

ON Semiconductor and SUBARU redefine leading-edge ADAS capability with new machine vision algorithms and sensing technology PHOENIX–(BUSINESS WIRE)–#ADAS–ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, has announced that SUBARU CORPORATION has selected its image sensing technology to enable camera-based ADAS (Advanced Driver Assistance Systems) in the car manufacturer’s new-generation EyeSight Driver Assist platform. The Levorg, […]

CDK Global Completes 46-Site DMS Installation for Greenway Automotive Group

Strong partnership enables one of the largest CDK installations across eight states HOFFMAN ESTATES, Ill.–(BUSINESS WIRE)–CDK Global, Inc., (Nasdaq: CDK), a leading retail automotive technology company, today announced that it completed one of its largest installations of CDK Drive, its core dealership management system (DMS) solution, for all Greenway Automotive Group (Greenway) dealerships. Despite safety […]

COVID-19 Recovery Analysis: Automotive Audio Speakers Market | 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 bn during 2020-2024, progressing at a CAGR of almost 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 […]