ITT Announces Quarterly Dividend of $0.22 Per Share

WHITE PLAINS, N.Y.–(BUSINESS WIRE)–June 4, 2021— ITT Inc. (NYSE: ITT) announced today that its Board of Directors has declared a regular quarterly dividend payment of $0.22 per share on the Company’s outstanding stock. The dividend is payable on July 6, 2021 to shareowners of record as of the close of business on June 21, 2021. […]

Arcimoto Announces Grand Opening of Arcimoto Eugene Rental Center

Starting today, FUV rentals are now available to rent in TrackTown, USA EUGENE, Ore.–(BUSINESS WIRE)–Arcimoto, Inc.® (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, today announced that its new rental center in Eugene is officially open for business. You can book your FUV rental today at Arcimoto.com/rental “Following […]

Redline Detection’s Alex Parker Joins Petersen Automotive Museum’s Business Incubator Program

ORANGE, Calif.–(BUSINESS WIRE)–#AlexParker—Redline Detection, the world’s leader in diagnostic leak detection technology, announced that CMO Alex Parker has joined the Petersen Automotive Museum for their new business incubator program, sponsored by Rolex. The incubator program is designed to support visionary female entrepreneurs with early-stage businesses to drive change in the automotive industry. “With only 23.6% […]

EV/AV Report: June 7, 2021

Toronto, Ontario — In this week’s EV/AV Report, SUVs catch a bad rap from environmentalists; Apple’s vehicle project reportedly drops multiple top managers; and a Canadian battery recycler gets a boost from the CleanBC Plastics Action Fund. Selfish SUVs Evidently, most models are doing their part to reduce carbon emissions, except sport-utility vehicles.  The International […]

Spare Parts: Aston Martin releases one of a kind supercar built from forgotten parts

Warwickshire, England – Aston Martin has released a multi-million dollar one off car, made from spare parts they forgot they had. Aston found it still had a low-mileage carbon-fiber monocoque and V-12 engine from a One-77 prototype (which made it’s debut more than a decade ago). the brand’s Q division thought leaving it in storage […]

Reading Comprehension 101: Welcome to reality—hop aboard or hop off

By Stefano Liessi Time flies when you are having fun—but it also seems to whiz by when we’re under pressure. I have been in this industry for 39 years and can admit that much of it is a blur. When I look back on the changes that have come to fruition in this time it […]

Bespoke’s Builds: Atlantic auto shop turning Land Cruisers into luxury vehicles

New Glasgow, Nova Scotia — A Nova Scotia company was founded on a passion for bringing the old back on the road in style.  Donald Clarke and Jamie MacGillivray were neighbours in New Glasgow, N.S., before deciding to turn their love of Toyota Land Cruisers into luxury car mechanical shop Bespoke Motor Company. This restomod-centred […]

Welcome of The Week: CARSTAR welcomes Montreal-Roxboro facility

Pierrefonds, Quebec – CARSTAR, North America’s largest premier network of independently owned and operated collision repair facilities, has welcomed a new facility to their ranks. CARSTAR Montreal-Roxboro joins the franchise from Pierrefonds Quebec. Patrice Labrecque is a second-generation owner of the new CARSTAR Montreal-Roxboro. The facility has been a part of the community for over […]