Allison Transmission Announces a 10 Percent Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.21 to […]
Faraday Future Announces Employee Incentive Plan as it Sprints Towards FF 91 Futurist Start of Production
The incentive plan, along with other Company business, was announced at a Company all-hands employee meeting this week LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the Company’s start of production (SOP) and start of delivery (SOD) incentive […]
Building a Board: AIA Canada seeks nominations for board of directors
Ottawa, Ontario — The Automotive Industries Association of Canada (AIA Canada) is seeking applications for its Board of Directors. Applications are due March 3, 2023. Directors generally serve a two-year term and must be able to attend two or three board meetings each year and be available for two or three conference calls per year. The […]
Industry Insider: Environmental initiatives and amplifying profitability
Toronto, Ontario — On today’s episode of Industry Insider radio, host James Kerr chats with Paul Prochilo of Simplicity Car Care to see how attention to Environmental Social Governance (ESG) and environmental initiatives can lead to positive action and profitability for your collision repair centre.
Can You Believe This?! Reupholstered bodies, foolproof anti-theft blockers and much more
Toronto, Ontario — Friday means Collision Repair is bringing you another Can You Believe This?! clip. This week, we’ve got coupes that’ll remind you of grandma’s basement couch; anti-theft devices inspired by thick skulls; a brand-new type of go-kart, and much, much more.
Paint by Numbers: Sherwin Williams reports 2022 full-year, Q4 results; consolidated net sales up due to price increases
Cleveland, Ohio — Sherwin Williams reported its 2022 year-end and fourth-quarter financial results last month, with consolidated net sales ringing in at a record US$22.15 billion, up 11.1 percent from 2021. The company said sales from locations open for the full year of 2022 in the U.S. and Canada grew 11.7 percent. Fourth-quarter consolidated net […]
Employee Aftercare: Volkswagen builds electric vehicle themed escape room to ease job obsolescence anxieties
Wolfsburg, Germany — Worried about workplace obsolescence in the electric vehicle (EV) era, while the world goes through a barrage of colourfully named crises? Volkswagen AG believes the solution is an EV themed escape room—for the first problem, anyway. According to a company press release, Volkswagen’s eMotionRoom is an in-house escape room where teams of […]
