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July 2024

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Tuesday, July 2, 2024

BMW of North America Reports Q2 2024 U.S. Sales Results

BMW of North America Reports Q2 2024 U.S. Sales Results

Woodcliff Lake, NJ – July 2, 2024… BMW of North America today reported Q2 2024 sales results for the BMW and MINI brands in the U.S. BMW Brand. In the second quarter of 2024, BMW brand sales in the U.S. totaled 91,237 vehicles, a 3.7% increase from the 87,948 vehicles sold in the second quarter of 2023. “The past ... Continue reading

Automotive Exhaust Gas Sensors Market size is set to grow by USD 11.26 billion from 2024-2028, Increase in demand for automobiles to boost the market growth, Technavio

Automotive Exhaust Gas Sensors Market size is set to grow by USD 11.26 billion from 2024-2028, Increase in demand for automobiles to boost the market growth, Technavio

NEW YORK, July 2, 2024 -- The global automotive exhaust gas sensors market  size is estimated to grow by USD 11.26 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.85%  during the forecast period.  Increase in demand for automobiles is driving market growth, w ... Continue reading

Automotive Transmission Systems Market size is set to grow by USD 53.2 billion from 2024-2028, Growing adoption of automatic transmission in vehicles boost the market, Technavio

Automotive Transmission Systems Market size is set to grow by USD 53.2 billion from 2024-2028, Growing adoption of automatic transmission in vehicles boost the market, Technavio

NEW YORK, July 2, 2024 -- The global automotive transmission systems market size is estimated to grow by USD 53.2 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.08% during the forecast period. ... Continue reading

NASA Awards Launch Services Contract for Space Telescope Mission

NASA Awards Launch Services Contract for Space Telescope Mission

WASHINGTON, July 2, 2024 -- NASA has selected Space Exploration Technologies Corporation (SpaceX) of Hawthorne, California, to provide launch services for the COSI (Compton Spectrometer and Imager) mission. The firm-fixed-price contract has a value of approximately $69 million, which includes launch services and other ... Continue reading

New Car Inventory Ticks Up, Demand Remains Static

New Car Inventory Ticks Up, Demand Remains Static

Marketed Pricing Discounts Increase by $1,000 Year-Over-Year GRAND RAPIDS, Mich., July 2, 2024 -- ZeroSum, an automotive retail agency that provides cutting-edge inventory-based digital marketing solutions tailored to dealers, has released its July State of the Dealer report, its up-to-date and forward-looking assess ... Continue reading

Wheel Loaders Market size is set to grow by USD 25.85 billion from 2024-2028, Increasing investments in public infrastructure boost the market, Technavio

Wheel Loaders Market size is set to grow by USD 25.85 billion from 2024-2028, Increasing investments in public infrastructure boost the market, Technavio

NEW YORK, July 2, 2024 -- The global wheel loaders market size is estimated to grow by USD 25.85 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.8% during the forecast period. ... Continue reading

FCA Reports Second-quarter 2024 US Sales Results

FCA Reports Second-quarter 2024 US Sales Results

AUBURN HILLS, Mich., July 2, 2024 -- Continue Reading Jeep® Wagoneer, Grand Wagoneer total sales increased 107% and 24% year over year, respectively. Post this FCA reports Q2 2024 total U.S. sales; Wagoneer up 107% Stellantis posted 4% quarter-over-quarter growth with a Q2 2024 total U.S. sales decrease 21% year over ... Continue reading

FTC News: FTC Takes Action Against Online Used Car Dealer Vroom for Deceiving Customers, Failing to Deliver on Time and Provide Required Disclosures

FTC News: FTC Takes Action Against Online Used Car Dealer Vroom for Deceiving Customers, Failing to Deliver on Time and Provide Required Disclosures

Texas-based Vroom has agreed to a proposed settlement that would require the company to pay $1 million to refund consumers harmed by the company’s conduct and prohibit the company from further misleading consumers and failing to provide required disclosures. ... Continue reading

Hyundai Motor America Reports June and Q2 2024 Sales

Hyundai Motor America Reports June and Q2 2024 Sales

Total sales up 2.2% in Q2; First half total sales increase 1.2% Best June for IONIQ 5, Tucson HEV, Santa Fe HEV, Palisade, Elantra HEV and Elantra N Hybrid total sales jump 39% in June YTD EV total sales climb 33% FOUNTAIN VALLEY, Calif., July 2, 2024 – Hyundai Motor America reported total June sales of 67,631 units, ... Continue reading

American Honda Posts Strong JUNE 2024 Sales Despite Industrywide Impact of Dealer Software Cyberattack

American Honda Posts Strong JUNE 2024 Sales Despite Industrywide Impact of Dealer Software Cyberattack

July 2, 2024 American Honda sales up 1.1% in June to 112,742 units, YTD sales up 9.3% over the first 6 months of 2023 Honda brand sales top 100,000 in June, up 4.1% ... Continue reading

InventHelp Inventor Develops New Garage Door Remote for Motorcycles (CLM-668)

InventHelp Inventor Develops New Garage Door Remote for Motorcycles (CLM-668)

PITTSBURGH, July 2, 2024 -- "I thought there could be an easier way to store and access your garage door remote when riding a motorcycle," said an inventor, from St. Robert, Mo., "so I invented the RIDER'S LOCK. ... Continue reading

SUBARU OF AMERICA REPORTS JUNE and Q2 2024 SALES

SUBARU OF AMERICA REPORTS JUNE and Q2 2024 SALES

SOA also reported year-to-date sales of 322,443, a six percent increase compared with the same period in 2023. Continue Reading Subaru of America reported year-to-date sales of 322,443, a six percent increase compared with the same period in 2023. ... Continue reading

Toyota Motor North America Reports U.S. June and First Half 2024 Sales Results

Toyota Motor North America Reports U.S. June and First Half 2024 Sales Results

Toyota Motor North America (TMNA) reported U.S. June sales of 193,120 vehicles, down 1.2 percent on a volume and daily selling rate (DSR) basis versus June 2023. June electrified vehicle sales totaled 84,781, up 64.5 percent on a volume basis and DSR basis, representing 43.9 percent of total monthly sales. ... Continue reading

Mitsubishi Motors Carries Momentum Through First Half of 2024

Mitsubishi Motors Carries Momentum Through First Half of 2024

Just six weeks after announcing its new North American business plan, Momentum 2030, Mitsubishi Motors North America, Inc. (MMNA) closed out the first half of 2024 with strong sales of 51,130, up 12.3% over the first half of 2023. ... Continue reading

ARLO LAUNCHES STRATEGIC PARTNERSHIP WITH ALLSTATE

ARLO LAUNCHES STRATEGIC PARTNERSHIP WITH ALLSTATE

Industry Leaders with Common Mission to Protect Customers Collaborate to Deliver Added Peace of Mind Through DIY Smart Home Security Solutions SAN JOSE, Calif., July 2, 2024 -- Arlo Technologies, Inc. , a leading smart home security brand, announced today a strategic partnership agreement with Allstate. With a shared ... Continue reading

FleetUp and RoadFlex’s Integrated Solution Delivers Modern Fuel Management

FleetUp and RoadFlex’s Integrated Solution Delivers Modern Fuel Management

Image Full Size Small Preview Thumbnail RoadFlex helps fleets significantly reduce fuel spend when they switch to using RoadFlex fuel cards. (Photo: Business Wire) RoadFlex helps fleets significantly reduce fuel spend when they switch to using RoadFlex fuel cards. ... Continue reading

Garmin selected as exclusive marine electronics and audio supplier to IBBI through 2029

Garmin selected as exclusive marine electronics and audio supplier to IBBI through 2029

Long-term agreement includes Garmin, JL Audio, Fusion and Clarion Marine products OLATHE, Kan., July 2, 2024 -- Garmin , the world's most innovative and recognized marine electronics manufacturer, today announced it was selected as the exclusive marine electronics and audio supplier for Independent Boat Builders, Inc. ... Continue reading

How the Chevron Decision Will Impact EV Initiatives // eMobility CEO Available to Comment

How the Chevron Decision Will Impact EV Initiatives // eMobility CEO Available to Comment

Hi Larry​, On Friday, the Supreme Court ruled to limi (https://u7061146.ct.sendgrid.net/ls/click?upn=u001.gqh-2BaxUzlo7XKIuSly0rCw0GHnTk9-2FEwPLsqELmaRPdHJz4YSyN2k5g9Fz5Pn4uoMUx3VlidKPKIaxuvQELfw3mqO3kskVAYQksFerM25QdegZAG0lDvP78HNBoPPpKvLfHD_GytAL3QbJB-2BoWXuwBE-2FIjhYQtOTtMoWr5j7qlhmWbNm6mwDiqty6USCLt5nP ... Continue reading

Motorheads: Get Your Kicks at Morphy's High-Octane July 11 Automobilia & Petroliana Auction

Motorheads: Get Your Kicks at Morphy's High-Octane July 11 Automobilia & Petroliana Auction

Featured: Mobil Pegasus porcelain neon sign, Musgo, Aerio 70, Sunset De Luxe and Gilmore 'Lion' gas pump globes; service station rarities, plus soda pop signs and vending machines  DENVER, Pa., July 2, 2024 -- Diehard motorheads are revved up about Morphy's July 11 Automobilia & Petroliana auction. Its 650 lots incl ... Continue reading

Rivian Releases Q2 Production Figures and Sets Date for Second Quarter 2024 Results

Rivian Releases Q2 Production Figures and Sets Date for Second Quarter 2024 Results

IRVINE, Calif.--Rivian Automotive, Inc. today announced production and delivery totals for the quarter ending June 30, 2024. The company produced 9,612 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,790 vehicles during the same period. ... Continue reading

Road Trip Expenses - Data/Expert

Road Trip Expenses - Data/Expert

Rising insurance rates and gas prices - consumers are feeling the pinch when it comes to road trip expenses.  Experian has brand new data on this issue including the biggest expenses and how much consumers are planning to spend. ... Continue reading

SIXT USA Announces New Car Rental Branch at Milwaukee Mitchell International Airport

SIXT USA Announces New Car Rental Branch at Milwaukee Mitchell International Airport

FORT LAUDERDALE, Fla.--SIXT USA, a subsidiary of Sixt SE – a global leader in premium mobility services – announces the opening of its newest U.S. car rental branch at Milwaukee Mitchell International Airport (MKE). The opening expands the company’s presence to 48 U.S. airports and more than 100 locations across ... Continue reading

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Second Quarter 2024

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Second Quarter 2024

AUSTIN, Texas--In the second quarter, we produced approximately 411,000 vehicles and delivered approximately 444,000 vehicles. We deployed 9.4 GWh of energy storage products in Q2, the highest quarterly deployment yet. ... Continue reading

Two Roads Partners raises $400 million for Fund I

Two Roads Partners raises $400 million for Fund I

NEW YORK, July 2, 2024 -- Two Roads Partners LLC ("Two Roads Partners") today announced the final closing of Two Roads Partners Fund I and related entities ("Fund I") at $400 million. Lincoln International Private Funds Advisory served as placement agent. ... Continue reading

Volvo Group completes divestment of Arquus

Volvo Group completes divestment of Arquus

GOTHENBURG, Sweden, July 2, 2024 -- Volvo Group has today completed the divestment of Arquus to John Cockerill Defense according to the previously announced option agreement. Arquus manufactures and sells specially designed vehicles to defense forces and employs about 1,200 employees in France. ... Continue reading

WD-40® Precision Pen Debuts in Canada

WD-40® Precision Pen Debuts in Canada

TORONTO--Combining precision and performance, WD-40® Brand introduces its highly sought-after WD-40® Precision Pen to the Canadian market, now available at Home Depot stores nationwide. Crafted with insights from end users, the WD-40 Precision Pen presents a compact and portable design, delivering the Original WD-40 ... Continue reading

BizzyCar Unveils Q2 2024 Recall Report with Ford Leading in Vehicles Affected and Overall Recalls Surging to 14 million YTD

BizzyCar Unveils Q2 2024 Recall Report with Ford Leading in Vehicles Affected and Overall Recalls Surging to 14 million YTD

ST. PETERS, Mo., July 2, 2024 -- BizzyCar, a leading recall management platform for car dealerships that exponentially increases service revenue, today released their Q2 2024 quarterly recall report revealing Ford as this quarter's top manufacturer with recalls in the field. ... Continue reading

Mazda Reports June 2024 Sales Results

Mazda Reports June 2024 Sales Results

IRVINE, Calif., July 2, 2024 -- Mazda North American Operations (MNAO) today reported total June sales of 35,696 vehicles, an increase of 19.8 percent compared to June 2023. Year-to-date sales totaled 202,486 vehicles sold; an increase of 10.2 percent compared to the same time last year. ... Continue reading

NIKOLA WHOLESALES 72 HYDROGEN FUEL CELL TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q2 2024, EXCEEDS SALES GUIDANCE

NIKOLA WHOLESALES 72 HYDROGEN FUEL CELL TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q2 2024, EXCEEDS SALES GUIDANCE

PHOENIX, July 2, 2024 -- For Q2 2024, Nikola Corporation , a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks, above the high end of truck sales guidance of 60 units. For the first half of 2024, Niko ... Continue reading

Polestar Publishes Results for the First Quarter and Reports 80% Growth in Global Deliveries for the Second Quarter

Polestar Publishes Results for the First Quarter and Reports 80% Growth in Global Deliveries for the Second Quarter

Sweden--Polestar , reports its preliminary unaudited financial and operational results for the three months ended March 31, 2024 and reports its global deliveries for the second quarter of 2024. Polestar delivered approximately 13,000 cars in the second quarter, a growth of 80% compared to the previous quarter. ... Continue reading

I Just Saved 38% on a Fill-Up By Using E85 - You Can Too!

I Just Saved 38% on a Fill-Up By Using E85 - You Can Too!

A silver lining to the cloud we've been living under ... Continue reading

Screaming Mad About High Gas Prices? Use More Ethanol!

Screaming Mad About High Gas Prices? Use More Ethanol!

Save 10%, 20%, 30% and MORE Immediately. Every gasoline-powered internal combustion vehicle on the road today...anywhere in the world...can safely, efficiently, and economically use fuel that contains more than E10. ... Continue reading

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