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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 to Host Fourth Quarter 2021 Financial Results Conference Call on March 17
AutomotiveCompany Update

Unique Fabricating to Host Fourth Quarter 2021 Financial Results Conference Call on March 17

March 10, 2022 8:00 AM

AUBURN HILLS, MI / ACCESSWIRE / March 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 markets, today announced that it will release its financial results for the fourth quarter ended December 31,...

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APG Expands Demo Truck Program For Class 8 Heavy Haul Vehicles
AutomotiveCompany Update

APG Expands Demo Truck Program For Class 8 Heavy Haul Vehicles

March 9, 2022 12:05 PM

American Power Group Expands Demo Truck Program For Class 8 Heavy Haul Vehicles In Wake of Dramatic Increases in Diesel and Oil Prices Cummins ISX 15L and Detroit Diesel DD15 Engines Available To Demo ALGONA, IA / ACCESSWIRE / March 9, 2022 / American Power Group Corporation ("APG") (OTC PINK:APGI) today announced the expansion of their Class 8 heavy duty truck demonstration program to include a 2014 Freightliner CA125 Cascadia day cab equipped...

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The Purdy Group Earns 2021 Great Place to Work Certification(TM)
AutomotiveCompany Update

The Purdy Group Earns 2021 Great Place to Work Certification(TM)

March 7, 2022 10:45 AM

DALLAS, TX / ACCESSWIRE / March 7, 2022 / The Purdy Group is proud to be Certified™ by Great Place to Work® for the 1st time since starting its operations in the United States. The prestigious award is based entirely on what current employees say about their experience working at The Purdy Group. The Purdy Group firmly believes in investing in its employees in terms of benefits, training, and support, resulting in employee growth and better...

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Elektros, Inc. (OTC:ELEK) Production is Underway for Elektros Sonic Vehicles, Delivery Expected Early Summer 2022
AutomotiveCompany Update

Elektros, Inc. (OTC:ELEK) Production is Underway for Elektros Sonic Vehicles, Delivery Expected Early Summer 2022

March 3, 2022 8:50 AM

Elektros Inc. (OTC PINK:ELEK), an emerging electric vehicle company based in South Florida, is pleased to announce that today marks the first day of production for Elektros Sonic Vehicles and delivery is anticipated early this summer. The company is now discussing exclusive rights with Jinpeng Group in preparation for consumer demand. SUNNY ISLES BEACH, FL / ACCESSWIRE / March 3, 2022 / Elektros Inc. is thrilled to announce that the production...

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Crossroads Equipment Lease and Finance Announces Four Newly Accredited CLFPs
AutomotiveCompany Update

Crossroads Equipment Lease and Finance Announces Four Newly Accredited CLFPs

March 3, 2022 6:00 AM

LOS ANGELES, CA / ACCESSWIRE / March 3, 2022 / Crossroads Equipment Lease and Finance is excited to share that four of its staff members recently passed the CLFP exam, given by the Certified Lease & Finance Professional (CLFP) Foundation. Michael Cohen (top left), Nick Bromberek (top right), Jack Elenbaas (bottom left), Josh Utke (bottom right). Along with peers from other major financial institutions, Chief Risk Officer Michael Cohen, Credit...

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Elektros, Inc. (OTC:ELEK) Orders its First Electric Vehicles, Known as Elektros Sonic
AutomotiveCompany Update

Elektros, Inc. (OTC:ELEK) Orders its First Electric Vehicles, Known as Elektros Sonic

March 2, 2022 8:50 AM

Elektros Inc. (OTC PINK:ELEK), an emerging company in the electric vehicle industry, is thrilled to announce that the company has signed a contract with Jiangsu Jinpeng Group Co., LTD to produce and deliver their first batch of Elektros Sonic branded vehicles to the United States. The two companies see synergy in providing affordable and accessible electric vehicles to the common people of the world. SUNNY ISLES BEACH, FL / ACCESSWIRE / March 2,...

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PowerBand Signs Letter of Intent for Non-Dilutive Financing
AutomotiveCompany Update

PowerBand Signs Letter of Intent for Non-Dilutive Financing

March 2, 2022 7:15 AM

TORONTO, ON / ACCESSWIRE / March 2, 2022 / PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(FSE: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 that the Company has received a letter of intent from a leading Canadian Financial Institution to provide funding through a line of credit and term-loan facility. The...

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Nokian Tyres Invites Drivers to Extend Their Adventures for Chance to Win Prizes
AutomotiveCompany Update

Nokian Tyres Invites Drivers to Extend Their Adventures for Chance to Win Prizes

March 1, 2022 10:00 AM

DAYTON, TN / ACCESSWIRE / March 1, 2022 / Nokian Tyres invites drivers to share how they are extending their adventures, for a chance to win a special adventure and other prizes. Between March 1 and April 30, drivers are encouraged to visit NokianTires.com/Win to share how they are using Nokian Tyres products to remove their limits. The global tiremaker will randomly select winners among eligible entrants to experience the adventure of a...

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PowerBand Solutions Recognized as a Top 10 Ranked Company in the Technology Sector by the TSX Venture 50 for 2022
AutomotiveCompany Update

PowerBand Solutions Recognized as a Top 10 Ranked Company in the Technology Sector by the TSX Venture 50 for 2022

February 24, 2022 7:35 AM

TORONTO, ON / ACCESSWIRE / February 24, 2022 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (FSE: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 that it has been recognized by the TSX Venture Exchange as a 2022 Top 10 Company in the Technology Sector. The 2022 TSX Venture 50 celebrates the strongest...

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Envirotech Vehicles Announces Osceola, Arkansas as Site of its State-of-the-Art Manufacturing Facility
AutomotiveCompany Update

Envirotech Vehicles Announces Osceola, Arkansas as Site of its State-of-the-Art Manufacturing Facility

February 22, 2022 6:00 AM

CORONA, CA / ACCESSWIRE / February 22, 2022 / Envirotech Vehicles, Inc. (OTCQX:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), has announced Osceola, Arkansas as the site of its previously announced state-of-the-art manufacturing facility. The Company has purchased an approximately 580,000 square foot facility, located at 1425 Ohlendorf Road, and hiring for the facility will commence immediately. The...

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Make Driving Greener and Take a Lap Around Nokian Tyres' Test Track
AutomotiveCompany Update

Make Driving Greener and Take a Lap Around Nokian Tyres' Test Track

February 17, 2022 11:00 AM

DAYTON, TN / ACCESSWIRE / February 17, 2022 / Nokian Tyres is launching an innovation challenge to recreate the future of driving. The FAST RACE, BIG CHANGE challenge is an open competition inviting startups, businesses, students and academics to innovate for more sustainable tires. The finalists will be offered the unique opportunity to pitch their idea at Nokian Tyres' legendary tire testing center White Hell in Lapland - during one lap on a...

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AirIQ Announces December 31st, 2021 Quarterly Results; Reports Record Monthly Recurring Revenue (MRR) of $300,000
AutomotiveEarnings

AirIQ Announces December 31st, 2021 Quarterly Results; Reports Record Monthly Recurring Revenue (MRR) of $300,000

February 17, 2022 7:45 AM

TORONTO, ON / ACCESSWIRE / February 17, 2022 / AirIQ Inc. ("AirIQ") (TSXV:IQ), a leader in wireless asset management services, today announced its financial results for the three months ended December 31, 2021, reporting a 13% increase in total revenue, a 10% increase in recurring revenue, a 4% increase in gross profits and a 21% increase in net income compared to the same period the prior year. "We are very pleased that our monthly recurring...

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Envirotech Vehicles to Open State-of-the-Art Manufacturing Facility in Arkansas
AutomotiveCompany Update

Envirotech Vehicles to Open State-of-the-Art Manufacturing Facility in Arkansas

February 17, 2022 6:00 AM

New Location Positions Company to Become State's First Commercial Electric Vehicle Manufacturer CORONA, CA / ACCESSWIRE / February 17, 2022 / Envirotech Vehicles, Inc. (OTCQX:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), has announced it will open its first U.S.-based, state-of-the-art manufacturing facility in Arkansas. The Company has entered into a purchase agreement for a facility in Arkansas and...

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Sheeva.AI Accelerates Growth with New Offices in Northern Virginia and Detroit
AutomotiveCompany Update

Sheeva.AI Accelerates Growth with New Offices in Northern Virginia and Detroit

February 15, 2022 10:15 AM

TYSONS CORNER, VA / ACCESSWIRE / February 15, 2022 / Sheeva.AI, a leading in-car payments and connected vehicle solutions provider, announced today that it has opened two new offices in Northern Virginia and the Detroit metro area to accommodate rapid growth and further establish their presence in strategic areas for the company. These offices are in addition to Sheeva.AI's operations in New Delhi, India and Turin, Italy. In Fairfax County, Va.,...

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Unique Fabricating's Auburn Hills Facility Secures Prestigious Q1 Certification from Ford
AutomotiveCompany Update

Unique Fabricating's Auburn Hills Facility Secures Prestigious Q1 Certification from Ford

February 8, 2022 8:00 AM

Industry Certification Demonstrates Quality and Customer Satisfaction; Positions Company as Preferred Supplier AUBURN HILLS, MI / ACCESSWIRE / February 8, 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...

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Tribal Rides/XNDA Issued Another Self-Driving Car Patent; Other Applications Pending
AutomotiveCompany Update

Tribal Rides/XNDA Issued Another Self-Driving Car Patent; Other Applications Pending

February 7, 2022 8:50 AM

Issuance of transportation technology patent expands company's IP portfolio MISSION VIEJO, CA / ACCESSWIRE / February 7, 2022 / Tribal Rides/XNDA International (OTC PINK:XNDA) has received confirmation that its patent application for predictive analytics to automatically anticipate and schedule deployment of vehicles, including those owned by an individual, those with shared-car ownership, and/or for multiple users of a single vehicle, was...

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PowerBand Engages Investor Relations Service Provider North Equities
AutomotiveCompany Update

PowerBand Engages Investor Relations Service Provider North Equities

February 4, 2022 9:45 AM

TORONTO, ON / ACCESSWIRE / February 4, 2022 / PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(FRA: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 that on February 1, 2022 it entered into a 12-month marketing and consulting contract (the "Contract") with Toronto-based marketing firm, North Equities Corp. North...

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Termination of Office by Mutual Agreement with Chairman of the Management Board Dr. Rolf Breidenbach
AutomotiveManagement Changes

Termination of Office by Mutual Agreement with Chairman of the Management Board Dr. Rolf Breidenbach

February 4, 2022 9:15 AM

Termination of office by mutual agreement with Dr. Rolf Breidenbach (CEO) as of June 30, 2022 Consultancy task agreed with the de facto group (Faurecia/HELLA) after termination of office LIPPSTADT, GERMANY / ACCESSWIRE / February 4, 2022 / The Shareholders' Committee of HELLA GmbH & Co. KGaA has agreed with the Chairman of the Management Board, Dr. Rolf Breidenbach, to terminate his contract as Managing Director by mutual consent as of June 30,...

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Christian S. Rodich Joins Envirotech Vehicles as Chief Financial Officer
AutomotiveManagement Changes

Christian S. Rodich Joins Envirotech Vehicles as Chief Financial Officer

February 3, 2022 6:00 AM

CORONA, CA / ACCESSWIRE / February 3, 2022 / Envirotech Vehicles, Inc. (OTCQX:EVTV), a provider of new zero-emission, purpose-built electric vehicles, today announced that Christian S. Rodich has joined the Company as Chief Financial Officer. He replaces Michael K. Menerey, who has served as acting CFO since retiring on January 2, 2022. Mr. Menerey is a 40-year veteran CFO who agreed to consult post-retirement in order to fill the interim role....

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Qrooze Along: The Canadian Ride-Sharing App Offering Quality Rides At Affordable Rates
AutomotiveCompany Update

Qrooze Along: The Canadian Ride-Sharing App Offering Quality Rides At Affordable Rates

February 1, 2022 2:00 PM

TORONTO, ON / ACCESSWIRE / February 1, 2022 / Ride-sharing has never been more important than it is now. Getting from point A to B during the COVID-19 pandemic is a challenge on its own, especially when you don't own a vehicle yourself. Yet, with most established ride-sharing services such as Uber or Lyft enjoying an unassailable position at the top of the industry, the price for quality rides has skyrocketed and doesn't look to be going down...

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