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April 2020

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Tuesday, April 21, 2020

Volvo Truck and Daimler Truck Form Joint Venture for Large-scale Production of Fuel Cells

Volvo Truck and Daimler Truck Form Joint Venture for Large-scale Production of Fuel Cells

Sharing the Green Deal vision of sustainable transport and a carbon neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The intention is to develop, produce and commercia ... Continue reading

Automotive Telematics Market to Surpass $149 Billion in Revenue by 2030 - Insights by Vehicle Type, System Type, Services, Communication Technology and Region - ResearchAndMarkets.com

Automotive Telematics Market to Surpass $149 Billion in Revenue by 2030 - Insights by Vehicle Type, System Type, Services, Communication Technology and Region - ResearchAndMarkets.com

DUBLIN--The "Automotive Telematics Market Research Report: By Vehicle Type, System Type, Services, Communication Technology - Industry Size, Share, Development and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The global automotive telematics market is expected to attain $149.9 bi ... Continue reading

Farmers® and 21st Century® Branded Automobile Customers Will Receive a 25% Reduction in Their April Premium

Farmers® and 21st Century® Branded Automobile Customers Will Receive a 25% Reduction in Their April Premium

WOODLAND HILLS, Calif., April 8, 2020 -- Farmers® and 21st Century® branded auto customers will receive a 25% reduction in April premium to reflect the changed driving environment resulting from various stay-at-home guidelines issued across the country. The national insurer has also implemented flexible payment plans ... Continue reading

Road to Indy Presented by Cooper Tires Goes Virtual Amid Coronavirus Season Delay

Road to Indy Presented by Cooper Tires Goes Virtual Amid Coronavirus Season Delay

FINDLAY, Ohio--With the start of its racing season delayed due to coronavirus, the Road to Indy Presented by Cooper Tires has gone virtual with a new five-race e-series. The e-series allows drivers from Indy Lights Presented by Cooper Tires, the Indy Pro 2000 Championship Presented by Cooper Tires and the Cooper Tires ... Continue reading

BMW of North America Reports Q1 2020 Sales Results.

BMW of North America Reports Q1 2020 Sales Results.

U.S. sales in the first quarter of 2020 were adversely affected by the ongoing global COVID-19 pandemic, which has many states still under shelter-in-place orders. ... Continue reading

Digital Motors Provides Car Dealers With Free ‘Buy From Home’ Online Solution

Digital Motors Provides Car Dealers With Free ‘Buy From Home’ Online Solution

Digital Motors® can turn any car dealership website into an online store, empowering salespeople to sell remotely, while allowing customers to pre-desk their vehicle purchase from the safety of their own home. Vehicle inventory is shown with transactable monthly lease or finance payments, taking into account available ... Continue reading

Mercedes-Benz Reports Q1 Sales of 67,746 Vehicles

Mercedes-Benz Reports Q1 Sales of 67,746 Vehicles

Mercedes-Benz USA (MBUSA) today reported Q1 sales of 67,746 Mercedes-Benz models. Additionally, Mercedes-Benz Vans recorded Q1 sales of 7,520, bringing MBUSA to a grand total of 75,266 vehicles for the quarter, a decrease of 4.3% over the comparable period last year. ... Continue reading

Online Used Car Retailer Vroom Announces Strategic Relationship with Santander Consumer

Online Used Car Retailer Vroom Announces Strategic Relationship with Santander Consumer

Vroom today announced a multi-year strategic preferred lending relationship with Santander Consumer USA, a full-service consumer finance company focused on vehicle finance and third-party servicing. The partnership is designed to enhance Vroom’s customer experience through a streamlined financing process and competit ... Continue reading

Advance Auto Parts Provides COVID-19 Business Update

Advance Auto Parts Provides COVID-19 Business Update

RALEIGH, N.C.--Advance Auto Parts, Inc. , a leading automotive aftermarket parts provider in North America, today provided an update regarding the impact from the novel coronavirus (COVID-19). Tom Greco, president and chief executive officer of Advance Auto Parts, stated, “Nothing is more important than the health an ... Continue reading

EV Charging Infrastructure 2020: Current State & Regulations in Key Markets - ResearchAndMarkets.com

EV Charging Infrastructure 2020: Current State & Regulations in Key Markets - ResearchAndMarkets.com

DUBLIN--The "EV Charging Infrastructure: Current State and Regulations in Key Markets" report has been added to ResearchAndMarkets.com's offering. Electric vehicles (EVs) are envisioned to dominate the global mobility market in the near future. ... Continue reading

India Electric Vehicle (EV) Battery Swapping Market Report, 2020-2030 - ResearchAndMarkets.com

India Electric Vehicle (EV) Battery Swapping Market Report, 2020-2030 - ResearchAndMarkets.com

DUBLIN--The "India Electric Vehicle Battery Swapping Market Research Report: By Vehicle Type, Service Type - Industry Size, Trend, Growth and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, ... Continue reading

Insights into the Truck Market in North America to 2025 - Competitive Developments Such as Expansions, New Product Launches and Mergers & Acquisitions - ResearchAndMarkets.com

Insights into the Truck Market in North America to 2025 - Competitive Developments Such as Expansions, New Product Launches and Mergers & Acquisitions - ResearchAndMarkets.com

DUBLIN--The "North America Truck Market, By Class Type (Class 4, Class 5, Class 6, Class 7, Class 8), By Fuel Type (Diesel, CNG, Others) By Application Type (Logistics, Construction, Mining), By Country, Competition Forecast & Opportunities, 2015 - 2025F" report has been added to ResearchAndMarkets.com's offering. The ... Continue reading

United States Automotive Safety Airbag Market (2019 to 2024) - Featuring Continental AG, Robert Bosch & Autoliv Among Others - ResearchAndMarkets.com

United States Automotive Safety Airbag Market (2019 to 2024) - Featuring Continental AG, Robert Bosch & Autoliv Among Others - ResearchAndMarkets.com

DUBLIN--The "United States Automotive Safety Airbag Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering. The United States automotive safety airbag market is estimated to reach US$2.079 billion by 2024 from US$1.670 billion in 2018 growing at a CAGR of 3.72%. The growth of t ... Continue reading

HyreCar Loses $12.5 Million In 2019 Receives $2 Million from SBA CARES Act

HyreCar Loses $12.5 Million In 2019 Receives $2 Million from SBA CARES Act

LOS ANGELES--HyreCar Inc. , the carsharing marketplace for ridesharing and food/package delivery services, today updated its reported financial results and provided a corporate update for the fourth quarter and year ended December 31, 2019 and announced receipt of $2.0 Million in funds from the SBA Paycheck Protection ... Continue reading

WebSafety Will Eliminate All Subscription Fees for DriveSafety App

WebSafety Will Eliminate All Subscription Fees for DriveSafety App

it will eliminate all subscription fees for the DriveSafety app, www.drivesafetyapp.com. Mr. Rowland Day, the CEO and founder of WebSafety stated: "Based upon the successful launch of DriveSafety just two weeks ago, we feel that it is important for WebSafety to help during this difficult economic time. ... Continue reading

Autofleet Secures $7.5 Million For Its Vehicle-as-a-Service Platform, Enabling New Business Models for Fleets and Service Providers

Autofleet Secures $7.5 Million For Its Vehicle-as-a-Service Platform, Enabling New Business Models for Fleets and Service Providers

AI-powered fleet optimization and vehicle-as-a-service solutions, today announced a capital raise totaling $7.5 million from a combination of Series A and seed financing. The Series A was led by MizMaa Ventures with participation from mobility-focused investors Maniv Mobility, Next Gear Ventures and Liil Ventures. ... Continue reading

2021 Volkswagen Atlas Seven-Seat SUV Get Bold Refresh and Features +VIDEO

2021 Volkswagen Atlas Seven-Seat SUV Get Bold Refresh and Features +VIDEO

Improving on the success of the outgoing model, the refreshed seven-seat Atlas SUV offers a bolder design as well as interior upgrades, advanced connectivity, new available driver-assistance features, and broadened powertrain availability. Assembled in Chattanooga, Tennessee, the Atlas combines hallmark Volkswagen driv ... Continue reading

Hyundai Previews New Veloster N with 8-Speed DCT

Hyundai Previews New Veloster N with 8-Speed DCT

Hyundai Motor Company unveiled the newly enhanced Veloster N. Equipped with the all-new N 8-speed wet dual-clutch transmission (N DCT), the 2020 Veloster N is designed and engineered to deliver exhilarating driving fun. ... Continue reading

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