Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2023
AUSTIN, Texas–(BUSINESS WIRE)–In the fourth quarter, we produced approximately 495,000 vehicles and delivered over 484,000 vehicles. In 2023, vehicle deliveries grew 38% YoY to 1.81 million while production grew 35% YoY to 1.85 million. Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve a great 2023. Q4 2023 […]
Rivian Releases Q4 2023 and Full-Year 2023 Production Figures and Sets Date for Fourth Quarter and Full Year 2023 Results
IRVINE, Calif.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production totals for the quarter and full-year ending December 31, 2023. The company produced 17,541 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,972 vehicles during the same period. On a full-year 2023 basis, the company produced 57,232 vehicles and delivered 50,122. This exceeded […]
Myers Industries Announces Acquisition of Signature Systems
Signature Systems, a global ground protection leader, bolsters Myers’ margin and profitability profile, and provides an attractive platform for continued growth The Signature Systems acquisition enhances Myers’ traditional strength of free cash flow generation and advances Myers from Horizon 1 to Horizon 2 in its strategic growth plan Acquisition delivers $8 million in annualized operational […]
Best’s Review’s Most Popular Recent Stories: New Insurers to Florida and More
OLDWICK, N.J.–(BUSINESS WIRE)– “What’s Driving the Rise in Auto Costs” examines the trends that have led to large underwriting losses in 2022. “Sprouting from Chaos: Opportunity Brings New Insurers to Florida” provides a look at the five new carriers that have come to the Sunshine State in the wake of legislation aimed at driving down […]
Camping World Set to Add 15 Dealerships in the First Quarter, Kicked Off by Acquisition of Ashley Outdoors
LINCOLNSHIRE, Ill.–(BUSINESS WIRE)–Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced that it has closed on the acquisition of Ashley Outdoors in Salem, Alabama. Including this location, the Company intends to add 15 dealership locations in the first quarter of 2024 through a combination of opening existing facilities […]
Automotive Opt-Outs: Ontario drivers can now opt out of direct compensation property damage coverage insurance
Toronto, Ontario — Ontario drivers are now able to opt out of direct compensation property damage (DCPD) insurance as part of a wider multi-year insurance strategy first announced in 2019 by the Ontario government. DCPD coverage is designed to protect car owners from costs related to vehicle damage from a collision if they are not […]
Forgery Fallouts: Daihatsu automotive admits to forging crash test results for 30 years
Tokyo, Japan — Daihatsu automotive has halted the sales and shipments of its vehicles at all Japan factory locations amid a safety probe revealing the automaker has been forging safety tests for the past 30 years. According to the safety investigation made at the end of December by Ministry of Transportation officials, Daihatsu, a subsidiary […]
Vito at Volkswagen: Audi Canada president assumes role as president, CEO of Volkswagen Canada
Toronto, Ontario — Vito Paladino, who has led Audi Canada since Sept. 2020, has assumed his new role as president and CEO of Volkswagen’s Canadian operations, effective January 2, 2024. Paladino will now lead all Canadian branches of Volkswagen Group Canada’s operations, which includes Audi Canada, Automobile Lamborghini and Ducati. Paladino assumes the new role […]
Industry Insider: Learning by doing, with Mike Bailey and David Mayers of Environmental Motorworks
Toronto, Ontario — Explore the best way to learn new technology to enhance shop safety and billable hours, with guests Mike Bailey and David Mayers from Environmental Motorworks and the AutoProf. For more information please visit their websites at envmw.com and theautoprof.com. Industry Insider · Industry Insider: Learning By Doing | Environmental Motorworks Do […]
