automotive

Advance Auto Parts Projects Comp Growth With Demand From DIY, Pro Shoppers

Advance Auto Parts Projects Comp Growth With Demand From DIY, Pro Shoppers
Advance Auto Parts Projects Comp Growth With Demand From DIY, Pro Shoppers
April 20, 2021  |  Retail

Amid formidable demand from DIY shoppers and professional customers, Advance Auto Parts said it anticipates comparable-store sales growth to be between 22 percent and 24...

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Harley-Davidson Raises Outlook, Cites Strong Retail Demand Despite EU Tariff Hike
Harley-Davidson Raises Outlook, Cites Strong Retail Demand Despite EU Tariff Hike
April 19, 2021  |  Retail

The iconic motorcycle manufacturer Harley-Davidson said on Monday (April 19) that strong retail demand, reduced dealer inventories and fewer loan write-offs drove better-than-expected first-quarter results,...

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Ally Financial Posts $796 Million Q1 Net Income
Ally Financial Posts $796 Million Q1 Net Income
April 16, 2021  |  Earnings

Ally Financial, a Detroit, Michigan-headquartered automotive financial services company, posted first-quarter 2021 results showing net income of $796 million, after reporting a loss in the...

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Self-Driving Truck Startup TuSimple Raises $1.35 Billion In Nasdaq IPO
Self-Driving Truck Startup TuSimple Raises $1.35 Billion In Nasdaq IPO
April 15, 2021  |  IPO

Silicon Valley self-driving truck technology startup TuSimple rang the opening bell on Wall Street Thursday (April 15) after raising $1.35 billion in an initial public offering (IPO)....

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Charging Stations Connect EVs To Commerce
Charging Stations Connect EVs To Commerce
April 15, 2021  |  Innovation

There’s hardly a day that goes by without major developments in the electric vehicle (EV) industry. Get the Full Story Complete the form to unlock...

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Digital Insurance Startup Clearcover Raises $200 Million
Digital Insurance Startup Clearcover Raises $200 Million
April 13, 2021  |  Investments

In a late-stage funding round, digital car insurance firm Clearcover has raised $200 million, Reuters reported. Get the Full Story Complete the form to unlock...

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Spotify Tests Out ‘Smart Player’ For In-Car Use
Spotify Tests Out ‘Smart Player’ For In-Car Use
April 13, 2021  |  Commerce Connected

It’s hard to know how much the pandemic will cut into this summer’s road trips or curb Americans’ commutes. However it turns out, Spotify wants...

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Used-Car Platform Driverama Gears Up For Launch
Used-Car Platform Driverama Gears Up For Launch
April 13, 2021  |  eCommerce

Online sales of used cars are picking up speed. To take advantage of that momentum, a Europe-based site, Driverama, is being readied for takeoff half...

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