Infiniti Dealers Rank Highest in 2026 Web Lead Response Study; AI and Automation Drive Industry Improvement

Infiniti Dealers Rank Highest in 2026 Web Lead Response Study; AI and Automation Drive Industry Improvement

AI and automation: Customers received “perfect” responses more than half the time, a rate that has doubled in 5 years Risks of automation: When AI required human intervention, customer questions were twice as likely to go unanswered ChatGPT search results: Local customers for one in four dealers were sent to another dealer instead AUSTIN, Texas–(BUSINESS […]

Polestar Announces Equity Financing of USD 400 Million

GOTHENBURG, Sweden–(BUSINESS WIRE)–Polestar (Nasdaq: PSNY) today announced a USD 400 million equity investment by Feathertop Funding Limited, a special purpose vehicle consolidated to Sumitomo Mitsui Banking Corporation, and Standard Chartered Bank (Hong Kong) Limited, with USD 200 million each. Concurrent with the purchase, these financial institutions have each entered into a put option arrangement with […]

C.H. Robinson Launches AI Agents to Combat Industrywide Problem of Missed LTL Pickups

The logistics provider’s new tech and data are making LTL carrier networks more efficient – eliminating unnecessary trips and giving shippers better service and earlier visibility EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–C.H. Robinson, the global leader in Lean AI supply chains, is using artificial intelligence to ease a widespread pain point in less-than-truckload shipping: missed pickups. New […]

Oshkosh Defense to Showcase Combat-Proven JLTV at International Armoured Vehicles Conference

Only OEM offering fully fielded JLTV directly to allied nations through Direct Commercial Sales; Strengthens UK and European partnerships through collaborative modernization FARNBOROUGH, England–(BUSINESS WIRE)–Oshkosh Defense, LLC, an Oshkosh Corporation [NYSE: OSK] business, will showcase its Joint Light Tactical Vehicle (JLTV) platform at the International Armoured Vehicles (IAV) Conference, January 20-22, 2026, in Booth D8. […]

Kubota Ranked Highest in 2026 Web Lead Response Study; Half of Tractor Inquiries Go Unanswered Industrywide

Half of all tractor customer online inquiries received no personal response Kubota dealerships ranked highest in the 2026 study, followed by TYM, Mahindra, John Deere, and Yanmar AUSTIN, Texas–(BUSINESS WIRE)–Kubota dealerships were ranked highest in the 2026 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Compact Tractor Industry Study, which measured dealership responsiveness to internet sales […]

QXO Announces $1.2 Billion Convertible Preferred Equity Investment Led by Apollo to Fund Future Acquisitions

GREENWICH, Conn.–(BUSINESS WIRE)–QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced that funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”) and certain other investors have agreed to invest $1.2 billion in QXO through a new series of convertible perpetual preferred stock. The investment further strengthens QXO’s financial flexibility in pursuing […]