KBRA Releases Auto Loan ABS Indices for November 2021

NEW YORK–(BUSINESS WIRE)–#KBRA–Kroll Bond Rating Agency (KBRA) releases its auto loan ABS indices for November 2021. November auto loan ABS remittance reports displayed the typical seasonal credit deterioration common across most consumer loan types, as holiday expenditures weigh on consumer finances. We expect securitized auto loan credit performance to continue to soften through the early […]

Polaris Announces Expansion of Unsecured Term Loan Under Existing Credit Facility to Further Support Capital Allocation Strategy

MINNEAPOLIS–(BUSINESS WIRE)–Polaris Inc. (NYSE: PII) today announced that it has entered into an incremental $500 million 364-day unsecured term-loan facility, further enhancing the Company’s strong liquidity position. “We remain committed to prudently managing the Company’s financial resources for the long-term by expanding our credit facility and taking advantage of the historically low interest rates and […]

Caliber Named to the Inc. 2021 Best in Business List

Company earns a gold medal in Extra Large Company category by leading with purpose LEWISVILLE, Texas–(BUSINESS WIRE)–#BestinBusiness—Caliber, whose automotive service brands include Caliber Collision, Caliber Auto Care and Caliber Auto Glass, has been named to the Inc. 2021 Best in Business list. Inc. Best in Business Awards honor companies that have gone above and beyond […]

Morgan Truck Body Teams with SEA Electric & Central Trailer Service for 40 EV Truck Bodies

Rising Electrified Vehicle (EV) Orders Signal Accelerated Electric Transportation Future MORGANTOWN, Pa.–(BUSINESS WIRE)–#BodiesThatMoveBusiness–In a significant step toward an electrified transport future, Morgan Truck Body is collaborating with SEA Electric and longtime Morgan-authorized distributor Central Trailer Service to fulfill orders for 40 EV truck bodies by year-end 2022. “It takes exceptional collaboration to bring a major […]

Neapco Further Extends Global Implementation of Campfire Software

Leading automotive supplier expands software rollout to bolster sales and sustainability programs. ANN ARBOR, Mich.–(BUSINESS WIRE)–Campfire Interactive, Inc. (Campfire), the leading provider of portfolio profitability management in the automotive sector, announces that Neapco is continuing its implementation of Campfire software to include support for supplier RFQ and corporate sustainability initiatives. This is the latest stage […]

Swedish Insurtech Paydrive Partners With CMT to Enhance its Telematics Platform

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Paydrive, the Nordic region’s leading insurtech in car insurance, is partnering with Cambridge Mobile Telematics (CMT), the global leader in smartphone telematics, to upgrade its unique pricing engine with industry-leading driving intelligence. Paydrive’s innovative premium-setting engine, the Quarterly Optimized Telematics Algorithm (or QOTA) will receive new driving data and rating insights from CMT’s […]

Bird to Showcase e-Mobility Suite at CES® 2022

Bird’s Suite of Eco-Friendly, Smart Micro-Electric Vehicles Aim to Transform Transportation Globally LOS ANGELES–(BUSINESS WIRE)–Bird Global, Inc. (NYSE: BRDS), a leader in environmentally friendly electric transportation, today announced its e-Mobility Suite will take center stage at the company’s immersive and engaging CES® 2022 booth. The eco-friendly vehicles – the new Bird e-Bike, the Bird Flex […]

Helbiz Live Will Broadcast the Globe Soccer Awards Live in USA, Italy and Around the World (Excluding MENA and Africa); Helbiz Chosen as Gold Sponsor of the Prestigious Event to Be Held in Dubai

The awards ceremony will be broadcast live on Helbiz Live and on demand NEW YORK–(BUSINESS WIRE)–Helbiz Inc. (NASDAQ: HLBZ), a global leader in micro-mobility and the first in its sector to be listed on Nasdaq, today announced an agreement between Helbiz Media (the Media division of the Helbiz group) and Globe Soccer Awards for the […]

GEICO’s Executive Chairman Tony Nicely to Retire After Decades-Long Career

WASHINGTON–(BUSINESS WIRE)–#GEICO–GEICO’s Executive Chairman Tony Nicely has announced he will retire from his role at the end of the year, concluding an illustrious 60-year career. Prior to assuming his current position as executive chairman in 2018, Nicely served as chairman and CEO of GEICO for 25 years. Nicely’s leadership ushered in the most impressive growth […]

Newegg Partners with Affirm to Give Customers Greater Payment Flexibility on Newegg.com

LOS ANGELES–(BUSINESS WIRE)–$NEGG #ecommerce—Newegg Commerce, Inc. (NASDAQ: NEGG), a leading tech-focused e-retailer in North America, today announced a partnership with Affirm (NASDAQ: AFRM), a payment network that empowers consumers and helps merchants drive growth, to bring flexible pay-over-time options to customers shopping Newegg.com. Paying with Affirm allows customers the flexibility to split purchases into simple […]