MESA, Ariz.–(BUSINESS WIRE)–ElectraMeccanica (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, announced today that founder and former board member Jerry Kroll has agreed to vote in favor of the ElectraMeccanica’s proposed combination with Xos, Inc. (NASDAQ: XOS) (“Xos”), a leading electric truck manufacturer and fleet electrification services provider, at the upcoming special meeting […]
Consolidated revenue in financial year 2023 reaches a second consecutive record high of EUR 3.62 billion (+18%) and is thus 45% higher than in the pre-Covid year 2019* Earnings before interest, taxes, depreciation and amortisation (EBITDA) up 16% on the previous year at EUR 1.33 billion and also at record level Earnings before taxes (EBT) […]
Fisker’s new Dealer Partner model is gaining momentum and is expected to help improve brand awareness and sales throughout 2024. Fisker is in negotiations with a large automaker for a potential transaction which could include an investment in Fisker, joint development of one or more electric vehicle platforms, and North America manufacturing. The closing of […]
Enters into a Definitive Agreement to Acquire Turbine Controls Inc., Enhancing VSE Aviation’s OEM Authorized Repair Capabilities and Further Increasing its Competency in the High-Growth Aviation MRO Market Completes the Divestiture of Substantially All of the Federal & Defense Segment Initiates a Process to Explore and Evaluate Strategic Alternatives Involving the Fleet Segment Pre-Announces Preliminary […]
The new X15 advanced diesel engine is Cummins’ most efficient yet, designed for the Cummins’ fully integrated powertrain featuring Eaton Cummins Automated Transmission Technologies and Cummins-Meritor COLUMBUS, Ind.–(BUSINESS WIRE)–#cummins–Today, Cummins Inc. (NYSE: CMI) announced it will launch its most efficient heavy-duty diesel engine ever. As the next product in the Cummins HELM™ 15-liter fuel agnostic […]
BOGOTÁ, Colombia & LIMA, Peru & SANTIAGO, Chile–(BUSINESS WIRE)–#Acquisition–H.I.G. Capital, LLC (“H.I.G.”) a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that its portfolio company, Grupo Ransa (“Ransa” or the “Company”), has completed the acquisition of Loginsa. Ransa is the leading third-party logistics (“3PL”) player in Latin […]
COOKEVILLE, Tenn.–(BUSINESS WIRE)–Truck drivers and other Averitt associates recently donated $1,500,001 to St. Jude Children’s Research Hospital. The contribution is a record amount for Averitt’s associates, and it marks the fifth consecutive year Averitt’s people have given at least $1 million to support the good works of St. Jude and its mission of curing childhood […]