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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.


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Splash Shield Market 2024 to 2034: Projected to Reach USD 415.7 Million with a 5.5% CAGR | Future Market Insights, Inc.
AutomotiveCompany Update

Splash Shield Market 2024 to 2034: Projected to Reach USD 415.7 Million with a 5.5% CAGR | Future Market Insights, Inc.

October 17, 2024 4:00 AM

The global Splash Shield Market is set to grow from USD 243.4 million in 2024 to USD 415.7 million by 2034, reflecting a healthy CAGR of 5.5%, driven by the increasing demand for automotive components that enhance vehicle performance and durability. The Splash Shield Market is expected to see steady growth over the next decade, primarily due to the rising production of vehicles and increasing consumer demand for high-performance, durable...

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EVTV Envirotech Adds Proven Leaders Jason Maddox and Elgin Tracy
AutomotiveCompany Update

EVTV Envirotech Adds Proven Leaders Jason Maddox and Elgin Tracy

October 16, 2024 6:30 AM

Envirotech Vehicles (NASDAQ:EVTV), a leading innovator in the electric commercial vehicle industry, is proud to announce the addition of Jason Maddox and Elgin Tracy, high profile leaders with decades of experience building and running multi-billion dollar businesses, as President and Chief Operating Officer, respectively. Jason Maddox Jason Maddox will join the company as President of Envirotech Vehicles. Jason comes to EVTV from Maddox...

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PhoenixEV To Electrify Campus Buses at University of California San Diego
AutomotiveCompany Update

PhoenixEV To Electrify Campus Buses at University of California San Diego

October 16, 2024 6:30 AM

GREENVILLE, SC / ACCESSWIRE / October 16, 2024 / Phoenix Motor Inc.'s (Nasdaq:PEV) PhoenixEV, a leader in electric vehicle (EV) development for the commercial sector, today announced its work on four all-electric transit buses for the University of California San Diego, to be delivered in early 2025. The 35-foot electric buses from PhoenixEV will be deployed to decarbonize the last mile transportation, reducing particulate emissions on campus...

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Global On-Street Vehicle Parking Meter Market Set to Reach USD 1,540.2 Million by 2034 with a 7.6% CAGR | Future Market Insights, Inc.
AutomotiveCompany Update

Global On-Street Vehicle Parking Meter Market Set to Reach USD 1,540.2 Million by 2034 with a 7.6% CAGR | Future Market Insights, Inc.

October 16, 2024 6:00 AM

The global on-street vehicle parking meter market is on a steady growth trajectory, with revenue expected to rise from USD 740.4 million in 2024 to USD 1,540.2 million by 2034, reflecting a compound annual growth rate (CAGR) of 7.6%. Increasing urbanization, coupled with the rising number of vehicles on the road, has necessitated efficient parking management solutions, which is one of the primary drivers of market growth. Technological...

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NAFA Launches New eLearning Courses for Advanced Fleet Management
AutomotiveCompany Update

NAFA Launches New eLearning Courses for Advanced Fleet Management

October 15, 2024 10:00 AM

EDISON, NJ / ACCESSWIRE / October 15, 2024 / NAFA Fleet Management Association (NAFA), the vehicle fleet industry's largest membership association, is excited to announce the launch of the first two courses in its new eLearning series. These self-paced, virtual courses are designed to provide fleet professionals with a comprehensive understanding of core fleet competencies and best practices across a wide range of fleet management areas. By the...

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Convertible Roof Control Unit Market 2024 to 2034: A Decade of Robust Growth with a 10.4% CAGR | Future Market Insights, Inc.
AutomotiveCompany Update

Convertible Roof Control Unit Market 2024 to 2034: A Decade of Robust Growth with a 10.4% CAGR | Future Market Insights, Inc.

October 15, 2024 9:00 AM

The Convertible Roof Control Unit Market is on a solid growth trajectory, with a projected market size of USD 290.7 Million in 2024. Over the forecast period of 2024 to 2034, the market is expected to grow at a compound annual growth rate (CAGR) of 10.4%, reaching a valuation of USD 781.8 Million by 2034. The market's growth is driven by increasing consumer demand for luxury convertible vehicles, advancements in automotive electronics, and...

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Tidal Wave Auto Spa Celebrates Record-Breaking Charity Day Success With Over $686,000 Raised for Local Charities
AutomotiveCompany Update

Tidal Wave Auto Spa Celebrates Record-Breaking Charity Day Success With Over $686,000 Raised for Local Charities

October 14, 2024 6:00 PM

Top Four Conveyor Car Wash Company Shares Results of 16th Annual Philanthropic Event THOMASTON, GA / ACCESSWIRE / October 14, 2024 / Tidal Wave Auto Spa, the nation's fourth largest conveyor car wash company, is proud to announce that its annual Charity Day event, held on September 20th, raised an impressive $686,353 for local charitable and non-profit organizations. This marks the largest and most successful Charity Day in the event's 16-year...

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Phoenix Motor Partners with Bay Area Founders Club to Advance AI Development in Silicon Valley
AutomotivePartnerships

Phoenix Motor Partners with Bay Area Founders Club to Advance AI Development in Silicon Valley

October 11, 2024 6:30 AM

ANAHEIM, CA / ACCESSWIRE / October 11, 2024 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a new partnership with Bay Area Founders Club to advance the establishment of its previously announced Artificial Intelligence (AI) development center in Silicon Valley, California. This agreement marks a significant step forward in...

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duPont REGISTRY Group Appoints Michael Chapin as CEO of Petrolicious
AutomotiveManagement Changes

duPont REGISTRY Group Appoints Michael Chapin as CEO of Petrolicious

October 10, 2024 11:00 AM

MIAMI, FL / ACCESSWIRE / October 10, 2024 / duPont REGISTRY Group (DRG), the trailblazer in the luxury and exotic automotive ecosystem, announces the appointment of Michael Chapin as Chief Executive Officer of Petrolicious, its world-famous home of classic and collector cars content. Founded in 2012, Petrolicious is known for creating the highest-quality videos for auto enthusiasts, with 142 million views on its YouTube channel alone. Michael...

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Global Automotive Cabin Air Quality Sensor Market Poised for Significant Growth, Expected to Reach USD 3,485.1 Million by 2034 | Future Market Insights, Inc.
AutomotiveCompany Update

Global Automotive Cabin Air Quality Sensor Market Poised for Significant Growth, Expected to Reach USD 3,485.1 Million by 2034 | Future Market Insights, Inc.

October 9, 2024 9:00 PM

Global sales of automotive cabin air quality sensors are expected to reach USD 1,057.2 million in 2024, with a projected value of USD 3,485.1 million by 2034. The market is anticipated to grow at a strong CAGR of 12.7% from 2024 to 2034. In 2023, the revenue generated by automotive cabin air quality sensors was USD 16,622.0 million. This growth trajectory is fueled by increasing demand for advanced in-car technologies that enhance air quality,...

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Omega Advisors Inc. Launches: A New Buy-Sell Consulting Firm for Automotive Dealerships
AutomotiveCompany Update

Omega Advisors Inc. Launches: A New Buy-Sell Consulting Firm for Automotive Dealerships

October 8, 2024 11:15 AM

Industry Veteran Gerrick Wilkins Brings 25 Years of Automotive Experience to New Consulting Venture LAS VEGAS, NV / ACCESSWIRE / October 8, 2024 / Omega Advisors Inc., a full-service buy-sell consulting firm specializing in automotive dealership mergers and acquisitions, is excited to announce its official launch. Founded by industry veteran Gerrick Wilkins, Omega Advisors brings decades of expertise in dealership valuations, strategic planning,...

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Passenger Car Bearing & Clutch Component Aftermarket to Reach USD 15,513.6 Million by 2034, with a CAGR of 5.2% | Future Market Insights, Inc.
AutomotiveCompany Update

Passenger Car Bearing & Clutch Component Aftermarket to Reach USD 15,513.6 Million by 2034, with a CAGR of 5.2% | Future Market Insights, Inc.

October 8, 2024 4:30 AM

The global passenger car bearing and clutch component aftermarket is projected to reach a market size of USD 9,341.1 million by 2024. Steady growth is anticipated, with overall demand expected to rise at a CAGR of 5.2%. By 2034, the total market value is predicted to reach USD 15,513.6 million. Clutch kit components are expected to see strong demand throughout the forecast period. According to the latest report, this segment is likely to grow at...

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Line\5 Earns Top Honors for Fourth Consecutive Year at the 2024 Dealers' Choice Awards
AutomotiveAwards

Line\5 Earns Top Honors for Fourth Consecutive Year at the 2024 Dealers' Choice Awards

October 3, 2024 4:30 PM

Recognized for Excellence in F&I Product Financing for the Seventh Straight Year NAPLES, FL / ACCESSWIRE / October 3, 2024 / Line\5, a prominent provider of flexible financing options for F&I (Finance and Insurance) products across the automotive, recreational vehicle (RV), marine, and powersports industries, is delighted to announce its acknowledgment at the 2024 Dealers' Choice Awards. This marks the seventh consecutive year that Line\5 has...

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Phoenix Motor Reports Record $9.4 Million Revenue and $14.8 Million Net Income for First Quarter of 2024
AutomotiveEarnings

Phoenix Motor Reports Record $9.4 Million Revenue and $14.8 Million Net Income for First Quarter of 2024

October 3, 2024 4:15 PM

Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today reported financial and operational results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Net revenues increased to a record $9.4 million, up from $1.8 million in the prior year period. Gross profit increased to a record $2.5 million, up from $0.2 million...

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duPont REGISTRY Group Appointed to Create Rétromobile USA Classic Car Exhibition
AutomotivePartnerships

duPont REGISTRY Group Appointed to Create Rétromobile USA Classic Car Exhibition

October 3, 2024 11:00 AM

MIAMI, FL / ACCESSWIRE / October 3, 2024 / duPont REGISTRY Group (DRG) is proud to announce that Comexposium, one of the leading event organizers worldwide, has chosen duPont REGISTRY Events to be its exclusive partner to create a new American edition of the prestigious Salon Rétromobile, to be held in North America from 2025. Salon Rétromobile Logo Rétromobile USA will complement the iconic annual Salon Rétromobile classic car exhibition in...

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Globalization Boosting Growth in Ship Repair and Maintenance Service Market to Reach USD 53.4 Billion by 2034, Growing at a 6.6% CAGR | Future Market Insights, Inc.
AutomotiveCompany Update

Globalization Boosting Growth in Ship Repair and Maintenance Service Market to Reach USD 53.4 Billion by 2034, Growing at a 6.6% CAGR | Future Market Insights, Inc.

October 3, 2024 5:00 AM

The global ship repair and maintenance service market is set to be valued at USD 28,169.45 million in 2024, with a projected compound annual growth rate (CAGR) of 6.6% from 2024 to 2034, ultimately reaching USD 53,375.69 million by 2034. This growth is fueled by the increasing demand for ship maintenance due to aging fleets, regulatory compliance, and advancements in technology. The ship repair and maintenance services sector has gained momentum...

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PowerBand Solutions Announces Closing of Private Placement
AutomotiveCompany Update

PowerBand Solutions Announces Closing of Private Placement

October 2, 2024 5:10 PM

PowerBand Solutions Inc. (TSXV:PBX)(OTC Pink:PWWBF)(Frankfurt:1ZVA) ("PowerBand" or the "Company"), a fintech platform targeting the formation of lease originations for the automotive industry, is pleased to announce it has completed its non-brokered private placement of common shares (each, a "Common Share") in the capital of the Company, previously announced on September 3, 2024, pursuant to which it has issued an aggregate of 217,690,000...

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Tidal Wave Auto Spa Grows Cross-Country With First New Mexico Location and Continued Expansion in South Carolina
AutomotiveCompany Update

Tidal Wave Auto Spa Grows Cross-Country With First New Mexico Location and Continued Expansion in South Carolina

October 2, 2024 3:15 PM

Top Four Conveyor Car Wash Company Opens Locations in Albuquerque, NM, and Clover, SC THOMASTON, GA / ACCESSWIRE / October 2, 2024 / Tidal Wave Auto Spa, one of the nation's fastest-growing express car wash companies, is pleased to announce the grand opening of two brand-new locations this week in Albuquerque, NM, and Clover, SC. Albuquerque is Tidal Wave's first express car wash in New Mexico, officially expanding the company's footprint to 29...

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NAFA Opens Registration for Annual 2025 Institute & Expo
AutomotiveCompany Update

NAFA Opens Registration for Annual 2025 Institute & Expo

October 1, 2024 11:45 AM

EDISON, NJ / ACCESSWIRE / October 1, 2024 / NAFA Fleet Management Association (NAFA), the vehicle fleet industry's largest membership association, is pleased to announce registration and housing are now open for the 2025 Institute & Expo (I&E). The premier fleet management event will take place April 28-30, 2025, in Long Beach, California, at the Long Beach Convention Center. Attendees can now register and book their accommodations at...

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duPont REGISTRY Group Welcomes Charles Bradley as Editor in Chief
AutomotiveManagement Changes

duPont REGISTRY Group Welcomes Charles Bradley as Editor in Chief

October 1, 2024 11:00 AM

MIAMI, FL / ACCESSWIRE / October 1, 2024 / duPont REGISTRY Group (DRG), the trailblazer in the luxury and exotic automotive ecosystem, announces the appointment of Charles Bradley as Editor in Chief across its high-class variety of digital and print offerings. This marks a significant landmark in DRG's commitment to elevating the luxury automotive marketplace. Charles Bradley, Editor in Chief, duPont REGISTRY Group Bradley will play a pivotal...

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