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Stay informed with the latest Automotive news in our newsroom. From electric vehicle advancements and autonomous driving technology to manufacturing trends and mobility solutions, we provide key insights to keep you connected to the future of transportation.


Latest Press Releases

Unique Fabricating, Inc. Completes $4 Million Financing with Investors
AutomotiveFinancing

Unique Fabricating, Inc. Completes $4 Million Financing with Investors

October 10, 2022 8:00 AM

Receives Final $1 Million Debt Financing from Current Investors AUBURN HILLS, MI / ACCESSWIRE / October 10, 2022 / Unique Fabricating, Inc. (NYSE American:UFAB), a leader in engineering and manufacturing multi-material foam, rubber, and plastic components utilized in noise, vibration, and harshness management and air/water sealing applications for the transportation, appliance, medical, and consumer/off-road markets, today announced that it...

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A-1 Auto Transport Names the Seven New Technologies that Could Change the Trucking and Car Shipping Industry Forever
AutomotiveCompany Update

A-1 Auto Transport Names the Seven New Technologies that Could Change the Trucking and Car Shipping Industry Forever

October 10, 2022 6:20 AM

From Robotics for Freight Shipping Companies to Devices for the Next Generation of GPS, the Modern Transportation Industries are Definitely Experiencing Noteworthy Shifts APTOS, CA / A-1 Auto Transport is pleased to announce seven new technologies that they predict will change the trucking and car shipping industry for good. To read the newly posted blog about this topic, titled "How 7 Technologies Could Change Trucking Logistics Forever,"...

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Boat Rental Market to Reach Worth of $ 21.52 Bn by 2031 | CAGR: 4.10% - TMR Study
AutomotiveCompany Update

Boat Rental Market to Reach Worth of $ 21.52 Bn by 2031 | CAGR: 4.10% - TMR Study

October 10, 2022 4:33 AM

WILMINGTON, DE / ACCESSWIRE / October 10, 2022 / Transparency Market Research Inc. - The growth prospects for boat rental hinge on the continuous strides in marine tourism around the globe. Boat owners are benefitting from online platforms and harnessing the digital business models for offering simplified, standardized payment modes and services. Additionally, they are attracting customers with promotional offers. The worth of the boat rental...

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Hypercars Market Size Worth 5,821 Units by 2031 | CAGR: 11.60% - TMR Study
AutomotiveCompany Update

Hypercars Market Size Worth 5,821 Units by 2031 | CAGR: 11.60% - TMR Study

October 6, 2022 5:33 AM

WILMINGTON, DE / ACCESSWIRE / October 6, 2022 / Transparency Market Research Inc. - The last few years has witnessed a new trend among consumers who are preferring to purchase automobiles that are sustainable and efficient. Hypercars are products that have been found to meet these requirements and as a result, are witnessing a steady rise in demand among customers, globally. As per a TMR Study, hypercars market, in terms of volume, stood at 1792...

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u-blox AG: u-blox Announces Explorer Kits for Product Designers Needing Centimeter-Level Positioning Accuracy
AutomotiveProduct Announcements

u-blox AG: u-blox Announces Explorer Kits for Product Designers Needing Centimeter-Level Positioning Accuracy

October 6, 2022 3:20 AM

THALWIL, SWITZERLAND / ACCESSWIRE / October 6, 2022 / u-blox (SIX:UBXN), a leading global provider of positioning and wireless communication technologies and services, has announced new explorer kits to make it quicker and easier for engineers to design and evaluate products requiring centimeter-level positioning capabilities. Set to launch in early 2023, the ready-to-use XPLR-HPG-1 and XPLR-HPG-2 solutions will for the first time combine...

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Former California Company, Amazing Magnets, now Headquartered in Round Rock, Texas Thrives
AutomotiveCompany Update

Former California Company, Amazing Magnets, now Headquartered in Round Rock, Texas Thrives

October 5, 2022 2:00 PM

Despite pandemic challenges and weather outliers, the company opens its Global Headquarters with Powerful Growth ROUND ROCK, TX / ACCESSWIRE / October 5, 2022 / Amazing Magnets is celebrating its significant growth and the opening of its state-of-the art Global Headquarters on October 6th in Round Rock, Texas, after relocating its business operations from Anaheim, California and overcoming pandemic challenges, supply chain issues, and work-force...

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Demand for Urbanization backed by Simplification to take the MEA Rough Terrain Cranes Market to US$ 641.9 Mn by 2032 | Future Market Insights, Inc.
AutomotiveCompany Update

Demand for Urbanization backed by Simplification to take the MEA Rough Terrain Cranes Market to US$ 641.9 Mn by 2032 | Future Market Insights, Inc.

October 5, 2022 2:00 AM

The MEA rough terrain cranes market is anticipated to grow by 2.0x in 2032, as compared to 2022. GCC countries are anticipated to grow at 6.0% CAGR in the MEA rough terrain cranes market during the forest period NEWARK, DE / ACCESSWIRE / October 5, 2022 / MEA rough terrain cranes market stands at ~US$ 302.5 Mn as of now and is expected to reach US$ 641.9 Mn by the year 2032 at a CAGR of 7.3% from 2022 to 2032. Rough terrain crane comes across as...

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Unique Fabricating, Inc. Announces Agreement For Financing with Lenders and Investors
AutomotiveCompany Update

Unique Fabricating, Inc. Announces Agreement For Financing with Lenders and Investors

October 4, 2022 4:06 PM

Company Secures Amended Lending Agreement; Investors Provide Debt Financing; B. Riley & Co. Retained as Investment Banker to Facilitate Comprehensive Refinancing AUBURN HILLS, MI / ACCESSWIRE / October 4, 2022 / Unique Fabricating, Inc. (NYSE American:UFAB), a leader in engineering and manufacturing multi-material foam, rubber, and plastic components utilized in noise, vibration, and harshness management and air/water sealing applications for...

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Winter Tire Market to Reach Value of US$ 37.20 Billion by 2031, States TMR Study
AutomotiveCompany Update

Winter Tire Market to Reach Value of US$ 37.20 Billion by 2031, States TMR Study

October 4, 2022 6:33 AM

WILMINGTON, DE / ACCESSWIRE / October 4, 2022 / Transparency Market Research Inc. - The global winter tire market is prognosticated to reach a value of US$ 37.20 Bn by 2031, according to a research report by Transparency Market Research (TMR). Furthermore, the study by TMR finds that the market for winter tire is expected to expand at a CAGR of 4.96% during the forecast period, from 2022 to 2031. According to the analysts at TMR, the non-studded...

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LeadLocate Prepares To Expand Services to RV/Boat Sales
AutomotiveCompany Update

LeadLocate Prepares To Expand Services to RV/Boat Sales

October 3, 2022 9:15 PM

LOS ANGELES, CA / ACCESSWIRE / October 3, 2022 / LeadLocate is a multipurpose automotive lead generation software and CRM platform. Now expanding outside of auto sales into RV and Boat sales, the software company is sharing its proven systems with RV/Motorhome dealers and Marine dealers can take advantage of LeadLocate's proven technology to generate sales leads in their verticals. The brand generates in-market sales leads and provides car...

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Vehicle Roadside Assistance Market to Gain Value of US$ 40 Bn by 2031, TMR Study
AutomotiveCompany Update

Vehicle Roadside Assistance Market to Gain Value of US$ 40 Bn by 2031, TMR Study

September 29, 2022 11:03 AM

WILMINGTON, DE / ACCESSWIRE / September 29, 2022 / Transparency Market Research Inc. - Automotive manufacturers are offering various post-sale services to their customers, such as free service, extended warranty, and 24x7 roadside assistance. Certain automakers, such as Volkswagen Passenger Cars India, also offered an extension in warranty period for selective customers. Hyundai Motor India offered their customers who were unable to avail...

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PowerBand Provides Update to Strategic Plan, Directing all Growth Capital to DrivrzFinancial
AutomotiveCompany Update

PowerBand Provides Update to Strategic Plan, Directing all Growth Capital to DrivrzFinancial

September 29, 2022 8:45 AM

All growth capital and resources directed to DrivrzFinancial Targeting new segments of the market, including commercial, fleet, professional corporations, EV's and exotics Advancing discussions with new lending partners to support growth in segments outside of its existing lending criteria TORONTO, ON / ACCESSWIRE / September 29, 2022 / PowerBand Solutions (TSXV:PBX)(OTCQB:PWWBF)(Frankfurt:1ZVA) ("PowerBand" "PBX" or the "Company"), a...

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Engine Flush Market Is Expected To Reach a Valuation of Nearly Us$ 2.27 Bn by 2032 | Future Market Insights, Inc.
AutomotiveCompany Update

Engine Flush Market Is Expected To Reach a Valuation of Nearly Us$ 2.27 Bn by 2032 | Future Market Insights, Inc.

September 28, 2022 10:00 AM

NEWARK, DE / ACCESSWIRE / September 28, 2022 / The global engine flush market is set to witness a moderate growth rate of 3.4% over the forecasted years of 2022 to 2032. The overall engine flush market size is anticipated to reach a valuation of around US$ 2.27 Billion by the end of the year 2032, growing from the current valuation of US$ 1.62 Billion in 2022. The global engine flush market size is expected to expand significantly as a result of...

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Car Battery Chargers Market Expected to Expand at a CAGR of 7.0%, Valuation of US$ 40.69 Bn by 2032 | Future Market Insights, Inc.
AutomotiveCompany Update

Car Battery Chargers Market Expected to Expand at a CAGR of 7.0%, Valuation of US$ 40.69 Bn by 2032 | Future Market Insights, Inc.

September 23, 2022 11:00 AM

NEWARK, DE / ACCESSWIRE / September 23, 2022 / The global car battery chargers market is projected to reach a value of US$ 40.69 Bn by 2032, with sales growing at a healthy CAGR of 7.0% from the forecast period of 2022 to 2032. Scaling up from an estimated US$ 20.73 Bn in 2022, the car battery chargers market is fueled by the elevated demand for hybrid electric vehicles as well as the overall surge in the production of electric and hybrid...

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Golf Cart Market Expected to Expand at a CAGR of 3.9% Over the Course of The Projected Period 2022-2032 Future Market Insights, Inc.
AutomotiveCompany Update

Golf Cart Market Expected to Expand at a CAGR of 3.9% Over the Course of The Projected Period 2022-2032 Future Market Insights, Inc.

September 21, 2022 6:50 AM

The U.S. is anticipated to continue to be one of the golf cart industry's most lucrative markets. Asia Pacific is anticipated to see a striking CAGR during the predicted period. The industry is being pushed by rising golf awareness and an increase in golfers in Asia Pacific's developing nations. NEWARK, DE / ACCESSWIRE / September 21, 2022 / The golf cart market is anticipated to reach a valuation of US$ 1.34 billion in 2022, according to a...

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ELEKTROS SONIC Receives Test Results, One Step Closer for DOT Certification
AutomotiveCompany Update

ELEKTROS SONIC Receives Test Results, One Step Closer for DOT Certification

September 20, 2022 9:00 AM

SUNNY ISLES BEACH, FL / ACCESSWIRE / September 20, 2022 / Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, today announced that the company has received significant results regarding the Elektros Sonic vehicles FMVSS 500 Report for Low-Speed Vehicles which was recently conducted overseas by a reputable company hired earlier in the year. The results from the FMVSS 500 Report concluded that the Elektros Sonic vehicle...

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Autonomous Car Market Size worth $206.94 Billion by 2031 | CAGR: 22.50% - States TMR Analysis
AutomotiveCompany Update

Autonomous Car Market Size worth $206.94 Billion by 2031 | CAGR: 22.50% - States TMR Analysis

September 16, 2022 9:03 AM

WILMINGTON, DE / ACCESSWIRE / September 16, 2022 / Transparency Market Research Inc. - The last decade has witnessed increased demand among consumers for automotive vehicles that offer increased safety and security. As a result, the demand for driverless autonomous cars has risen owing to factors such as rising disposable income among customers and helped the growth of global market. As per a TMR study, the global autonomous car market is...

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AirIQ Announces Stock Option Grant
AutomotiveCompany Update

AirIQ Announces Stock Option Grant

September 16, 2022 7:30 AM

TORONTO, ON / ACCESSWIRE / September 16, 2022 / AirIQ Inc. ("AirIQ" or "the Company") (TSXV:IQ), a leader in IoT based asset management solutions for over 25 years, today announced that effective September 15, 2022, the Board of Directors granted stock options to the President and Chief Executive Officer of the Company and to the non-executive Board members. A total of 350,000 options for common shares were granted to Michael Robb, President and...

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Two-wheeler Shock Absorber Market to Rise at a CAGR of 4.1% During Forecast Period 2022-2031, Observes TMR Study
AutomotiveCompany Update

Two-wheeler Shock Absorber Market to Rise at a CAGR of 4.1% During Forecast Period 2022-2031, Observes TMR Study

September 15, 2022 11:03 AM

WILMINGTON, DE / ACCESSWIRE / September 15, 2022 / Transparency Market Research Inc. - In 2021, the value of global two-wheeler shock absorber market was clocked at US$ 3.1 Bn. The global market is anticipated to develop at 4.1% CAGR during the forecast period, from 2022 to 2031.The global two-wheeler shock absorber market is estimated to touch value of US$ 4.6 Bn 2031. Stringent safety laws for two-wheelers, growing popularity of luxury and...

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PowerBand Announces Results of Annual General and Special Meeting
AutomotiveShareholder Meeting

PowerBand Announces Results of Annual General and Special Meeting

September 15, 2022 7:15 AM

TORONTO, ON / ACCESSWIRE / September 15, 2022 / PowerBand Solutions (TSXV:PBX)(OTCQB:PWWBF)(Frankfurt:1ZVA) ("PowerBand", "PBX"or the "Company"), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, is pleased to announce the results of voting at its Annual General and Special Meeting of Shareholders held virtually on Wednesday, September 14, 2022. Shareholders voted in favour of all...

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