Car Capital Announces $8.8 Million Series A Funding Round and Launches Operations

GRAPEVINE, Texas, April 6, 2021 /PRNewswire/ — Car Capital, an advanced technology company that provides their dealer partners with the ability to make 24/7 instant auto loan decisions, has closed an $8.8 million Series A funding round. The round was led by FM Capital with participation from over 50 individual and institutional investors, including Automotive… Continue reading Car Capital Announces $8.8 Million Series A Funding Round and Launches Operations

Innoviz Technologies and Collective Growth Corporation Announce Closing of Business Combination

The successful completion of the business combination will allow Innoviz Technologies to meet the booming demand of the auto industry, which has been waiting for the LiDAR technology to mature. Innoviz is engaged in multiple automotive programs with multiple partners across the globe, and is growing. Innoviz is pleased to announce today, after years of… Continue reading Innoviz Technologies and Collective Growth Corporation Announce Closing of Business Combination

Haldex Annual and Sustainability Report 2020

LANDSKRONA, Sweden, April 3, 2021 /PRNewswire/ — Haldex AB (publ) published the Annual and Sustainability Report 2020 on March 26, 2021. The English translation has now been finalized and uploaded on Haldex Group web site: https://www.haldex.com/en/corporate/investors/financial-reports/. Printed copies can be ordered by calling the switchboard on telephone +46 418 47 60 00 or send an… Continue reading Haldex Annual and Sustainability Report 2020

Subaru of America, Inc. Reports Best-Ever March and Q1 Sales

Subaru of America, Inc. today reported 65,726 vehicle sales for March 2021, the companies best-ever March sales and a 102 percent increase compared to March 2020 when the coronavirus pandemic impacted the auto industry and global economy at large. March 2021 also marked the second-best month in the company’s history after August 2019 (70,039). The… Continue reading Subaru of America, Inc. Reports Best-Ever March and Q1 Sales

FCA US Reports First-quarter 2021 U.S. Sales

AUBURN HILLS, Mich., April 1, 2021 /PRNewswire/ — First-quarter retail sales rise 25% Jeep® Wrangler posts best-ever first-quarter retail sales Ram brand reports best month of retail sales ever in March Alfa Romeo first-quarter total sales rise 25% Chrysler brand first-quarter total sales increase 32% Dodge Muscle Cars retail sales up 29% year-over-year Dodge Durango… Continue reading FCA US Reports First-quarter 2021 U.S. Sales

GM’s First Quarter U.S. Retail Sales Grow 19 Percent

DETROIT, April 1, 2021 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today it sold 642,250 vehicles in the U.S. in the first quarter of 2021, with retail deliveries up 19 percent and fleet sales down 35 percent year over year. Total sales were up 4 percent compared to a year ago. All four GM U.S.… Continue reading GM’s First Quarter U.S. Retail Sales Grow 19 Percent

Toyota Motor North America Reports March 2021 U.S. Sales

PLANO, Texas, April 1, 2021 /PRNewswire/ — Toyota Motor North America (TMNA) today reported March 2021 U.S. sales of 253,783 vehicles, an increase of 87 percent on a volume basis and up 79.8 percent on a daily selling rate (DSR) basis compared to March 2020. For the first quarter, TMNA reported U.S. sales of 603,066 vehicles,… Continue reading Toyota Motor North America Reports March 2021 U.S. Sales

Hyundai Motor America Reports Record-Breaking March and Q1 2021 Sales

FOUNTAIN VALLEY, Calif., April 1, 2021 /PRNewswire/ — Hyundai Motor America reported total March sales of 75,403 units, a 115% increase compared with March 2020 and the all-time best month in Hyundai history. Palisade and Kona had their best month ever, while Santa Fe and Tucson set new March highs. Hyundai fleet sales were down 58%,… Continue reading Hyundai Motor America Reports Record-Breaking March and Q1 2021 Sales

Toyota Motor Credit Corporation Celebrates First Year of Mazda Financial Services Private Label Business

“When we started this business, we knew we had to provide exceptional service and drive loyalty to our partners at Mazda North American Operations, with solutions that benefit Mazda dealers and customers,” said Pete Carey, president of MFS. “We’re incredibly grateful for the opportunity to work with MNAO, and we look forward to continuously improving… Continue reading Toyota Motor Credit Corporation Celebrates First Year of Mazda Financial Services Private Label Business

Supervisory Board of Daimler AG elects Bernd Pischetsrieder as new Chairman

STUTTGART, Germany, March 31, 2021 /PRNewswire/ —  End of an era: long-time Chairman Manfred Bischoff steps down from Supervisory Board New Supervisory Board members: Elizabeth Centoni, Ben van Beurden and Martin Brudermüller Dividend: shareholders approve €1.35 per share (2019: €0.90) Representation: 57.21% of the share capital Overwhelming majority: Annual Meeting approves management proposals The Supervisory… Continue reading Supervisory Board of Daimler AG elects Bernd Pischetsrieder as new Chairman