ORANGE, Calif.–(BUSINESS WIRE)–#Isuzu—Redline Detection, the world’s leader in diagnostic leak detection technology, announced today that Isuzu Trucks has chosen Redline’s Portable Leak Detector as an essential tool across all North American dealer locations. Isuzu will be using the technology to speed diagnostics on light duty LMD, or last-mile delivery vehicles, one of the fastest growing […]
Continental and Iteris explore intelligent infrastructure solutions that advance connected and automated vehicle technology with real-world vehicle-to-everything (V2X) solutions with the goal of enabling collective perception capabilities. Program brings together vehicle and infrastructure sensor expertise to improve safety and efficiency throughout transportation networks nationwide. Collaboration will support needed infrastructure transformation demanded by future connected and […]
Peterbilt and Kenworth Launch Next Generation Heavy- and Medium-Duty Trucks BELLEVUE, Wash.–(BUSINESS WIRE)–“PACCAR (Nasdaq: PCAR) reported very good revenues and net income for the first quarter of 2021,” said Preston Feight, chief executive officer. “PACCAR Parts achieved record quarterly sales and profits due to robust freight activity, high truck utilization, investments in distribution and innovative […]
Spire Bridge will bring customer solutions under a single platform Spire Analytics will deliver actionable insights for your decision-making process SAN FRANCISCO & RESTON, Va.–(BUSINESS WIRE)–Spire Global, Inc. (“Spire”), a leading global provider of space-based data and analytics, announced today the launch of a new platform and a new analytics product for the maritime industry. […]
SAN FRANCISCO–(BUSINESS WIRE)–A survey by GHD, one of the world’s leading professional services companies, has found that only 42% of U.S. and 47% of Canadian consumers believe governments are meeting their responsibilities to achieve net zero by 2050. There is also a low level of confidence in society (43% U.S./41% Canada) and businesses (42% U.S./38% […]
Financial and Operational Highlights First quarter reported and adjusted sales increased 39% to $1,951 million First quarter reported net income was $2.11 per share; adjusted net income for the same period was $2.30 per share Gross profit margin, reported and adjusted, for the first quarter was 24.6% and 24.7%, up 378 basis and 352 basis […]
TEL AVIV, Israel–(BUSINESS WIRE)–#autonomousdriving–Aurora Labs, the creators of Self-Healing Software that keeps connected, autonomous and electric vehicles safe and secure, today announced that the auto industry veteran Dr. Ing. Peter Mertens has been appointed Chairman of the Board. Peter is an authority in the automotive industry with more than 35 years of experience steering auto […]