Tech undefinedMore from Tech undefinedHomeFisker Makes First 22 Deliveries of Fisker Ocean SUV to Customers in the United StatesFisker begins deliveries of vehicles to its first US customers. The 22 initial US deliveries are of the Fisker Ocean One launch edition SUV. The Fisker Ocean One and Fisker Ocean Extreme have a 360-mile range, the longest range of any new electric SUV in its class 1. The all-electric automaker has already commenced deliveries […]June 24, 2023HomeCarmax Reports First Quarter Fiscal 2024 ResultsRICHMOND, Va.–(BUSINESS WIRE)–CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2023. Highlights: Net revenues were $7.7 billion, down 17.4% compared with the prior year first quarter. Retail used unit sales declined 9.6%, and comparable store used unit sales declined 11.4%, each from the prior year’s first quarter; wholesale units declined […]June 24, 2023HomeSolar X Works Welcomes GW Global Partners as Strategic Equity InvestorStrategic investment and engagement to secure path to growth SAN FRANCISCO–(BUSINESS WIRE)–Solar X Works, LLC today announced that GW Global Partners has taken a strategic equity position in the Company. Solar X Works, LLC The company is a US-based renew-tech startup, the recipient of the Impact Award from the Cascadia Cleantech Alliance, and a provider […]June 24, 2023HomeOuster Continues Merger Integration and Reaffirms Quarterly Guidance, Positioning the Company for Long-term SuccessOn track to achieve annualized merger cost synergies of at least $80-85 million Reaffirms second quarter 2023 revenue guidance of $18-20 million Further cost reductions designed to align with long term financial goals SAN FRANCISCO–(BUSINESS WIRE)–$OUST—Ouster, Inc. (NYSE: OUST) (“Ouster” or “the Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, […]June 24, 2023HomeSonic Automotive Announces EchoPark’s Plans to Address Current Pre-Owned Market VolatilityFocus on Key Markets Expected to Enhance Near-Term Performance While Maintaining Long-Term Strategic Plan CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the implementation of its plans to align the EchoPark brand with current pre-owned market conditions that are […]June 24, 2023HomeMobil 1 Celebrates 101st Running of the Pikes Peak International Hill Climb through Historic Tribute Run with racing driver Lia Block in the HoonipigasusThe world’s ultimate Porsche racecar build is set to run the famous hill climb with Lia Block behind the wheel, in an untimed tribute run for her late father Ken Block SPRING, Texas–(BUSINESS WIRE)–As part of its mission to support the love of driving, through innovative products and incredible racing experiences, Mobil 1™, the world’s […]June 23, 2023HomeCintas’ Steve Rosa Will Drive Home From Work in a New Truck Tonight25-year Cintas employee-partner was presented his brand-new heavy-duty truck at his Decatur location today DECATUR, Ga.–(BUSINESS WIRE)–$CTAS–On Thursday morning, Steve Rosa – a Covington, Ga., resident and Cintas Corporation (Nasdaq: CTAS) Service Sales Representative (SSR) – received the keys to his brand-new Chevrolet Silverado Carhartt Edition heavy-duty truck that he won in late April through […]June 23, 2023HomeCARFAX Canada Partners with WWF-Canada to Help Protect WildlifeLONDON, Ontario–(BUSINESS WIRE)–CARFAX Canada, the country’s leading provider of vehicle history and valuation, is proud to announce a new cause marketing partnership with World Wildlife Fund Canada (WWF-Canada). In the partnership, CARFAX Canada and WWF-Canada are working together to halt and reverse wildlife loss. Wildlife is in decline across Canada as the habitats in which […]June 23, 2023HomeITT Announces €50 Million Investment for Expansion into High-Performance Brake Pad ApplicationsSTAMFORD, Conn.–(BUSINESS WIRE)–June 22, 2023– ITT Inc. (NYSE: ITT) today announced an expansion of its Friction production facility in Termoli, Italy and an upgrade of its research and development capabilities in Barge, Italy to establish a leading position in the high-performance brake pads market for luxury and sporting vehicles. Friction, a part of ITT’s Motion […]June 23, 2023HomeQuality Takes a Back Seat to Innovation as Problems Reach a Record High, J.D. Power FindsDodge Ranks Highest Overall in J.D. Power Initial Quality Study; Alfa Romeo Ranks Highest among Premium Brands for First Time TROY, Mich.–(BUSINESS WIRE)–New vehicles are becoming more problematic, evidenced by the number of problems per 100 vehicles (PP100) rising a record 30 PP100 during the past two years. According to the J.D. Power 2023 U.S. […]June 23, 2023Previous PagePage 132 of 873Next Page
