KBRA Releases Research — Auto Loan ABS: Rough Road Ahead?

NEW YORK–(BUSINESS WIRE)–#KBRA–KBRA releases research that explores the current divergence between auto loan delinquencies and loss rates, as well as our expectation for increasing headwinds for auto loan credit fundamentals over the coming months. Government stimulus, a strong labor market, and a sharp rise in used vehicle prices helped to push auto loan delinquency and […]

Foundation Automotive Corp. Expands to Tennessee with 4 Dealerships Including First Nissan

SAVANNAH, Tenn.–(BUSINESS WIRE)–Today, Foundation Automotive Corp has acquired 4 new dealerships in the Savannah and Humboldt-Jackson areas in Tennessee from the Jones Motor Company. This new acquisition, the first in Tennessee for Foundation, includes the company’s first Nissan dealership and the implementation of Jones best-in-class used car platform to Foundation’s now 35 stores. “Nissan is […]

MiX Telematics Announces Date of First Quarter Fiscal Year 2023 Conference Call and Webcast

BOCA RATON, Fla.–(BUSINESS WIRE)–MiX Telematics (NYSE: MIXT and JSE: MIX), a leading global Software-as-a-Service (“SaaS”) provider of connected fleet management solutions, today announced it will report its first quarter fiscal year 2023 results for the period ended June 30, 2022 on Thursday, July 28, 2022. MiX Telematics management will also host a conference call and […]

indie Semiconductor Sets Date for Second Quarter 2022 Earnings Release and Conference Call

ALISO VIEJO, Calif.–(BUSINESS WIRE)–indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, plans to conduct a conference call with analysts to discuss its second quarter 2022 results and business outlook on August 11, 2022 at 5:00 p.m. Eastern time. After the close of the market on August 11 and prior to the conference call, indie will […]

Vroom Announces Pricing of UACC Auto Loan Securitization

NEW YORK–(BUSINESS WIRE)–Vroom (NASDAQ: VRM), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, today announced that United Auto Credit Corporation (UACC), an indirect wholly-owned subsidiary of the company, priced an auto loan securitization of $255.080 million in aggregate principal amount of automobile receivable backed notes (the “Notes”) on […]

North America Indoor Farming Markets 2022-2028: Focus on Lighting Systems, Irrigation Systems, Sensors, & Climate Control Systems – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “North America Indoor Farming Market Size, Share & Industry Trends Analysis Report By Component, By Facility Type (Greenhouses, Vertical Farms), By Crop Type, By Country and Growth Forecast, 2022-2028” report has been added to ResearchAndMarkets.com’s offering. The North America Indoor Farming Market is expected to witness market growth of 12.3% CAGR during 2022-2028 […]

Vertical Enters the Business Aviation Market With Aircraft Pre-order From FLYINGGROUP

FLYINGGROUP pre-orders up to 50 VX4 aircraft Increases Vertical’s eVTOL pre-order book to up to 1,400 aircraft Expands Vertical’s customer base to include the business aviation market LONDON & NEW YORK & ANTWERP, Belgium–(BUSINESS WIRE)–$EVTL–Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering electric aviation, announces today that FLYINGGROUP, one […]

Strategy Analytics Reports Speed Bumps on Road to Automotive Solid-State Battery Deployment

Mass Production Challenges Raising Cost and Limiting Market Potential BOSTON–(BUSINESS WIRE)–Recent announcements from solid-state battery developers have suggested deployments by automotive in electric vehicles will begin in the near-term. However, the latest Strategy Analytics Electric Vehicle Service (EVS) report, Can Solid-State Batteries Reach Mass Production? suggest delays to deployments in battery electric vehicles to 2030. […]

Yee Haw: CARSTAR Conference closes out in Nashville

Nashville, Tennessee — CARSTAR held its annual CARSTAR Conference last week, where hundreds of franchisees, vendors and industry partners gathered for the first time since 2019. Held at the Gaylord Opryland Resort in Nashville, Tennessee, more than 100 Canadian franchise owners were in attendance and treated to presentations “This has been a wonderful week for […]

EV/AV Report: July 18, 2022

Toronto, Ontario — In this week’s electric and autonomous vehicles report, the head of autopilot development leaves Tesla, a pioneering EV is discontinued just as the market heats up, and Turo partners with Hyundai to offer EV rentals for holidaymakers and prospective buyers alike. Director’s Departure Tesla’s senior director of artificial intelligence, Andrej Karpathy announced […]