CHICAGO–(BUSINESS WIRE)–The Midwest Automotive Media Association (MAMA) has awarded the Chevrolet Trax as MAMA’s Favorite Vehicle of 2024. The overall winner was voted on by the association’s 189 nationwide media members and announced at the Chicago Auto Show welcome breakfast on Feb. 8, 2024. “The new Chevrolet Trax packages style, features, and value unlike any […]
NORTH CHARLESTON, S.C.–(BUSINESS WIRE)–Ingevity Corporation (NYSE:NGVT) announced today that it will release its fourth-quarter and full year 2023 earnings after the stock market close on Wednesday, February 21, 2024. The company will host a live webcast on Thursday, February 22, at 9:00 a.m. (Eastern) to discuss fourth-quarter and full year 2023 fiscal results. The webcast […]
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce a leading global logistics and delivery company will add Freightliner Cascadia compressed natural gas (CNG) day cab tractors equipped with the Allison 3414 Regional Haul Series™ (RHS) transmission to its fleet of 18,000 tractors. After initially introducing the 3414 RHS into Cascadia models paired with the DD13 diesel […]
Revenue of $3.8 billion Completed acquisition of Jim Koons Automotive Companies, the ninth-largest privately-owned dealership group in the U.S., with over $3 billion in annual revenue Gross profit of $673 million SG&A as a percentage of gross profit of 61.5%; adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 61.0% Fourth quarter […]
MILWAUKEE–(BUSINESS WIRE)–LiveWire Group, Inc. (“LiveWire” or the “Company”) (NYSE: LVWR) today reported fourth quarter and full year 2023 results. “LiveWire concluded 2023 with a strong Q4 performance, delivering on units and operating loss guidance for the full year with the successful delivery to market of S2 Del Mar®, the first model built on our S2 […]
Full-truckload brokerage volume increased 11 percent year-over-year and less-than-truckload volume increased 45 percent year-over-year Continued momentum in RXO’s brokerage business with multiple brokerage records in the quarter including total volume and quarterly loads per day Companywide gross margin of 18.0 percent; brokerage gross margin of 14.8 percent CHARLOTTE, N.C.–(BUSINESS WIRE)–RXO (NYSE: RXO) today announced its […]
• Believed to be the first eVTOL developer to receive a Part 145 Maintenance Certificate • Lays foundation for future maintenance, repair and overhaul services of its eVTOL aircraft fleet • Part of Joby’s vertically-integrated approach to bringing revolutionary technology to market SANTA CRUZ, Calif.–(BUSINESS WIRE)–Joby Aviation, Inc. (NYSE:JOBY), a company developing electric vertical take-off […]