New white paper examines consumer trends paving the way for the coming wave of EV adoption DALLAS, Nov. 13, 2024 /PRNewswire/ — Parks Associates’ latest white paper, Preparing for EV Adoption in Multifamily: The Coming Wave, reveals that 32% of multifamily owners and operators plan on deploying, upgrading, or replacing EV charging stations in at least […]
KIA ANNOUNCES PRICING FOR 2025 NIRO EV
IRVINE, Calif., Nov. 7, 2024 /PRNewswire/ — Today, Kia America announced pricing on the 2025 Niro EV. The all-electric crossover continues to offer a combination of efficiency, technology and DC fast-charging compatibility that commuters demand. Equipped with a 64.8 kWh battery, the Niro EV is rated at an EPA-estimated 253 miles of range1. […]
Spirit AeroSystems Announces Advance Payments Agreement with Boeing
WICHITA, Kan., Nov. 12, 2024 /PRNewswire/ — Spirit AeroSystems (NYSE: SPR) today announces an Advance Payments Agreement with Boeing, in which Boeing has committed to pay Spirit, as advance payments, up to a total of $350,000,000.00 to produce Boeing products at the rates required by Boeing. Boeing intends these payments to address Spirit’s high levels of inventory […]
X-59 Engine Roars, Lockheed Martin Starts Last Major Ground Test
PALMDALE, Calif., Nov. 12, 2024 /PRNewswire/ — Lockheed Martin Skunk Works® (NYSE: LMT), in partnership with NASA Aeronautics, started X-59 engine run testing, marking the aircraft’s final major system check-out before taxi tests and first flight. The tests also mark the first time the X-59 was powered fully internally. During the tests, Lockheed Martin is […]
Caterpillar Paves the Way for Future Technology Advancements with Launch of Autonomous Cat® 777 Off-Highway Truck at Luck Stone Quarry
IRVING, Texas, Nov. 7, 2024 /PRNewswire/ – Caterpillar Inc. (NYSE: CAT) today announced it has successfully demonstrated the fully autonomous operation of its Cat® 777 off-highway truck. The debut of this latest model of Cat® MineStar™ Command for hauling at Luck Stone’s Bull Run plant in Chantilly, Va., marks a significant milestone in Caterpillar’s objective to deliver […]
NEW VEHICLE INVENTORY HITS 3.14 MILLION UNITS, JUMPING BY 3% IN EACH OF THE PAST TWO MONTHS
New vehicle supply impacting incentive spending, certified used vehicle pricing GRAND RAPIDS, Mich., Nov. 7, 2024 /PRNewswire/ — New vehicle inventory on auto dealer lots hit 3.14 million units in October. It was the second consecutive month new vehicle inventory jumped by 90,000 units (2.9%), according to ZeroSum’s monthly “State of the Dealer” report for November. […]
KUMHO TIRE U.S.A. SETTING A NEW STANDARD IN THE ULTRA-HIGH PERFORMANCE CATEGORY WITH LAUNCH OF THREE NEW TIRES
Leveraging 60 years of innovation and experience working alongside some of the world’s best automotive manufacturers, the Ecsta Sport All-Season PA71, Ecsta Sport PS72 and Ecsta Sport S PS72 deliver superior performance without compromise ATLANTA, Nov. 5, 2024 /PRNewswire/ — Kumho Tire U.S.A., one of the world’s leading tire manufacturers, has announced a bold new […]
Auto Care Association, MEMA Aftermarket Suppliers Release 2024 Joint E-commerce Trends and Outlook Forecast Report
The two automotive aftermarket industry associations partnered to provide forecasts and analysis of the trends in online sales of automotive parts and accessories. BETHESDA, Md. and RESEARCH TRIANGLE PARK, N.C., Nov. 6, 2024 /PRNewswire/ — The Auto Care Association and MEMA Aftermarket Suppliers have released the 2024 Joint E-commerce Trends and Outlook Forecast report, providing […]