KBRA Releases Auto Loan ABS Indices for October 2021

NEW YORK–(BUSINESS WIRE)–#KBRA–Kroll Bond Rating Agency (KBRA) releases its auto loan ABS indices for October 2021. Early-stage delinquencies (30-59 days past due) in KBRA’s Prime Auto Loan Index increased 4 basis points (bps) month-over-month (MoM) to 0.84%, while late-stage delinquencies (60+ days past due) rose 1 bp to 0.29%. Meanwhile, early- and late-stage delinquencies in […]

U.S. Secretary of Energy and Officials Celebrate New NOVONIX Facility in Tennessee

Company is first and only supplier of U.S.-made synthetic graphite CHATTANOOGA, Tenn.–(BUSINESS WIRE)–Today, U.S. Secretary of Energy Jennifer M. Granholm, along with federal, state and local officials, celebrated NOVONIX’s new facility in Chattanooga, Tenn., where the company will produce high-capacity long-life synthetic graphite anode material. NOVONIX is the only qualified U.S. supplier of the material, […]

Potato Recipes to Please Everyone at Your Holiday Table

Potatoes Reign Supreme as America’s Favorite Thanksgiving Side DENVER–(BUSINESS WIRE)–#food–Thanksgiving is here, and with it, we kick off the holidays. Potatoes USA, the home of U.S. potato farmers, has long known that potatoes are the king of Thanksgiving sides, and a recent analysis of Google Trends found that most Americans agree! From coast to coast, […]

Joe Hudson’s Collision Centers Announces CEO Transition

President and CEO Traweek Dickson to Retire and Become Executive Chairman Brant Wilson Appointed CEO MONTGOMERY, Ala.–(BUSINESS WIRE)–Joe Hudson’s Collision Centers (“JHCC”) a leading platform in the collision repair industry, today announced that President and CEO Traweek Dickson is retiring after over three decades with the company, and will take on the role of Executive […]

No Letup in Commercial Truck Prices, J.D. Power Finds

MCLEAN, Va.–(BUSINESS WIRE)–After October’s strong month for pricing in all commercial truck segments, incoming November data suggests pricing will still increase, according to analysts from J.D. Power Valuation Services, as reported in the November 2021 Commercial Truck Guidelines Industry Update. “Similar to last month, shipping backlogs and parts shortages continue to be as critical as […]

Tsk-Tsk Tesla: Tesla Model X finishes second last in consumer reliability report

Toronto, Ontario — Tesla has taken another beating in the court of public opinion as the EV automaker finished twenty-seventh out of 28 on a recent Consumer Report reliability survey. Tesla’s Model X was revealed as the brand’s least reliable vehicle on Friday, scoring a mere five points out of a possible 100. Consumer reports […]

Friendly Faces: B.C. auto retailers association launches EV confidence initiative

Burnaby, British Columbia — The Automotive Retailers Association of British Columbia (ARA) has announced the launch of EVfriendly, an initiative designed to cultivate a higher degree of confidence in zero-emission vehicle (ZEV) ownership in the province. “The motivation for developing EVfriendly was to help instill greater confidence for consumers who are likely to transition from […]

Tuesday Ticker: November 23, 2021

Toronto, Ontario ⁠— This week, Ford and Rivian officially scrap plans to work together; news of potential release dates flurry around Apple’s rumoured EV project and AutoCanada grabs the eyes of market analysts with its latest acquisition. Ford and Rivian announce breakup In 2019, Ford invested a hefty sum of US$500 million in Rivian, later […]