Performance & Special Interest

REV Group Appoints New Chief Financial Officer

Retrieved on: 
Monday, April 15, 2024

REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announces Amy Campbell has joined the company as Chief Financial Officer, effective today.

Key Points: 
  • REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announces Amy Campbell has joined the company as Chief Financial Officer, effective today.
  • View the full release here: https://www.businesswire.com/news/home/20240415263342/en/
    REV Group, Inc. (NYSE:REVG), a leading manufacturer of specialty vehicles, announces Amy Campbell has joined the company as Chief Financial Officer, effective today.
  • (Photo: Business Wire)
    Prior to REV Group, Campbell served as CFO of ASC Engineered Solutions and CFO for BrandSafway’s Commercial and Industrial Division.
  • “Amy is an experienced and highly respected finance executive,” said Mark Skonieczny, CEO and President, REV Group.

Mercedes-Benz USA Reports Q1 2024 Group Sales of 82,623 Vehicles

Retrieved on: 
Wednesday, April 10, 2024

Mercedes-Benz USA (MBUSA) today reported Q1 2024 group* sales of 66,570 Passenger Cars.

Key Points: 
  • Mercedes-Benz USA (MBUSA) today reported Q1 2024 group* sales of 66,570 Passenger Cars.
  • View the full release here: https://www.businesswire.com/news/home/20240410592574/en/
    Mercedes-Benz USA Reports Q1 2024 Group Sales of 82,623 Vehicles (Photo: Business Wire)
    “Our Q1 results demonstrate the sustained volume growth for the Mercedes-Benz brand, a testament to the strong demand for our products, backed by the commitment of our dealer partners to deliver for our customers.
  • Group sales in the Core segment saw a significant increase of 40% in Q1 2024 versus Q1 2023 with 35,330 units, showing a strong sustained demand for vehicles in this sector.
  • Group sales for Vans rose to 16,053 units in Q1 2024, an increase of 15% compared to the same quarter last year.

VIA optronics and Antolin unveil Sunrise, a New Horizon of Integration in Vehicle Cockpits

Retrieved on: 
Wednesday, April 10, 2024

(“Antolin”), a global provider of automotive technology solutions, yesterday unveiled their new Sunrise vehicle cockpit concept at an event in Nuremberg around the European exhibition “Embedded World”.

Key Points: 
  • (“Antolin”), a global provider of automotive technology solutions, yesterday unveiled their new Sunrise vehicle cockpit concept at an event in Nuremberg around the European exhibition “Embedded World”.
  • VIA and Antolin are now pleased to unveil the initial results of their strategic collaboration with a joint product demonstration of their new concept vehicle cockpit named Sunrise.
  • Roland Chochoiek, CEO of VIA, commented, “We are very proud of the outstanding results of our collaboration with Antolin.
  • User Experience takes center stage in the design of every new vehicle cabin, and Antolin is ready to deliver excellence in this regard.

Jay Leno’s Garage Features the Vector, REV Group’s All-Electric Fire Truck; Episode to Air on April 15

Retrieved on: 
Wednesday, April 10, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240410106523/en/
    On April 15, Jay Leno's Garage will feature the all-electric North American-style Vector fire truck from REV Fire Group.
  • Here is Mike Virnig, president, REV Specialty Vehicles Segment speaking with host Jay Leno about the Vector.
  • (Photo: Business Wire)
    With over 3.6 million subscribers, “Jay Leno’s Garage” is a YouTube web series about motor vehicles, primarily cars and motorbikes starring Jay Leno, legendary comedian, and veteran host of “The Tonight Show.” The show is filmed at Jay Leno’s Big Dog Garage in Burbank, California.
  • “We are honored to have our Vector fire truck feature in an upcoming episode of ‘Jay Leno’s Garage’,” said Mike Virnig, president, REV Specialty Vehicles.

Holley Performance Brands Expands Sales Organization, Appoints Chet Baker Senior Vice President of Sales

Retrieved on: 
Wednesday, April 10, 2024

Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced Chet Baker has joined the organization as Senior Vice President of Sales.

Key Points: 
  • Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced Chet Baker has joined the organization as Senior Vice President of Sales.
  • View the full release here: https://www.businesswire.com/news/home/20240408486488/en/
    As Senior Vice President of Sales, Baker will lead the company’s sales team, developing and executing strategies to drive growth across Holley’s iconic portfolio of brands.
  • “Chet is an accomplished sales leader with more than 40 years of experience building strategies that delivered impressive revenue growth for both legacy and startup companies,” said Matthew Stevenson, President and Chief Executive Officer, Holley Performance Brands.
  • Mae Salehi recently joined Holley Performance Brands as Sales Director for National Retailers.

Holley Ordered to Disgorge $2 Million in Ill-Gotten Profits

Retrieved on: 
Tuesday, April 9, 2024

“Proform”) that started 24 years ago when Holley filed suit against Specialty, alleging that Specialty had misappropriated the “trade dress” of Holley’s carburetor main bodies.

Key Points: 
  • “Proform”) that started 24 years ago when Holley filed suit against Specialty, alleging that Specialty had misappropriated the “trade dress” of Holley’s carburetor main bodies.
  • So in 2012 Specialty filed a summary enforcement motion suit claiming that Holley was failing to comply with the Settlement Agreement.
  • In 2017 Specialty filed its breach of contract lawsuit against Holley for violating the Settlement Agreement, arguing that it was entitled to disgorgement of the $2,028,264.19 in net profit reaped by Holley.
  • Specialty prevailed in this lawsuit, and the court entered summary judgment in favor of Specialty and against Holley.

Yamaha Motor Company Selects Shippeo to Enhance Global Supply Chain Visibility and Efficiency

Retrieved on: 
Monday, April 8, 2024

Yamaha Motor Co., Ltd. (Yamaha Japan) and its U.S. subsidiary, Yamaha Motor Corporation, USA (Yamaha USA), today announced a strategic partnership with Shippeo, a leading provider of real-time transportation visibility solutions.

Key Points: 
  • Yamaha Motor Co., Ltd. (Yamaha Japan) and its U.S. subsidiary, Yamaha Motor Corporation, USA (Yamaha USA), today announced a strategic partnership with Shippeo, a leading provider of real-time transportation visibility solutions.
  • Shippeo will provide Yamaha with superior visibility and predictive insights across its entire global supply chain, encompassing ocean, railroad and over the road transportation.
  • “We are truly excited about this new strategic partnership with Shippeo and the benefits that it will most certainly bring to easing our Global Supply Chain challenges, simply from providing more seamless administrative and global visibility, “said Isamu “Sam” Kuru of Yamaha Motor Company Japan’s logistics Division.
  • This will enhance the resilience of Yamaha's global supply chain operations, ensuring enhanced transparency and reliability."

SimScale Announces New AI-Powered Automotive Design Features

Retrieved on: 
Tuesday, April 9, 2024

SimScale GmbH announced today newly released AI-powered real-time automotive design features.

Key Points: 
  • SimScale GmbH announced today newly released AI-powered real-time automotive design features.
  • View the full release here: https://www.businesswire.com/news/home/20240408211861/en/
    Automotive design simulation of aerodynamics in the SimScale cloud-native simulation platform.
  • Automotive companies use SimScale to design and optimize their products using a broad spectrum of analysis capabilities, including mechanical, thermal, CFD, and electromagnetics.
  • SimScale CEO David Heiny will present live at the Learning Lab on Day 2 (Wednesday) at 9:30 a.m. on Real-Time Automotive Design via a Unified Simulation, Data, and Physics AI Solution—A Case Study.

Distracted Driving Fell 4.5% in 2023, Preventing An Estimated 55,000 Crashes and 250 Fatalities

Retrieved on: 
Thursday, April 4, 2024

The report evaluates the various factors that can reduce distracted driving, including consent-driven usage-based insurance (UBI) programs, hands-free legislation, and increased media coverage of the dangers of distracted driving.

Key Points: 
  • The report evaluates the various factors that can reduce distracted driving, including consent-driven usage-based insurance (UBI) programs, hands-free legislation, and increased media coverage of the dangers of distracted driving.
  • *
    While a 4.5% reduction in distracted driving over the last year is an improvement, distracted driving is still dangerously high in the United States.
  • For the first time, CMT has published data on how the different types of distracted driving affect the impact speed of a crash.
  • The four states that introduced hands-free laws, where it’s illegal for people to handle their phones while driving, reduced distracted driving by an average of 7.1% and prevented an estimated 8,200 crashes and 37 fatalities in 2023.

Barnacle Parking Selects Trevelino/Keller to Build Brand Awareness

Retrieved on: 
Wednesday, April 3, 2024

Trevelino/Keller , a nationally ranked growth PR and marketing firm, today announces a new partnership with Barnacle Parking , the producer of The Barnacle®, an intelligent parking enforcement solution with motorist self-release capabilities.

Key Points: 
  • Trevelino/Keller , a nationally ranked growth PR and marketing firm, today announces a new partnership with Barnacle Parking , the producer of The Barnacle®, an intelligent parking enforcement solution with motorist self-release capabilities.
  • Trevelino/Keller will support Barnacle Parking in strategic marketing, brand awareness and earned media efforts.
  • Barnacle Parking empowers parking operators, business owners, corporate campuses, healthcare organizations and municipalities to redefine and enhance the parking enforcement experience for both enforcers and motorists while visibly driving compliance.
  • “Our goal is to work with like-minded partners to make parking enforcement across the country more convenient and fairer to both the parking enforcers and the parking offenders,” states Colin Heffron, chairman of Barnacle Parking.