Performance & Special Interest

Rivian Introduces R2, R3, and R3X Built on New Midsize Platform

Retrieved on: 
Thursday, March 7, 2024
Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, Vehicle Technology, Automotive Manufacturing, Manufacturing, Performance & Special Interest, Autonomous Driving, Vehicles, Off-Road Trucks & SUVs, Multimedia, Investment, EDV, Computer, RWD, Personality, Learning, Risk, Structural battery, RCV, Perception, CCS, Glass, NACS, R1, Trimotor, Public expenditure, AWD, Face, Software, Video game

View the full release here: https://www.businesswire.com/news/home/20240307349103/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240307349103/en/
    Rivian introduces its midsize platform family: R2, R3 and R3X.
  • R3 is a midsize crossover that is tidy on dimensions but delivers big in terms of performance, off-road capability, passenger comfort, and storage.
  • R3X is a performance variant of R3 offering even more dynamic abilities both on and off road.
  • I can’t wait to get these to customers.”
    Developed to deliver amazing performance, range, and cost efficiency, R2 and R3 were built on an all-new midsize vehicle platform.

REV Group, Inc. Reports Strong First Quarter Results, Provides Updated Fiscal 2024 Outlook

Retrieved on: 
Wednesday, March 6, 2024
Recreational Vehicles, Performance & Special Interest, General Automotive, Aftermarket, Automotive, Other Transport, Trucking, Air, Transport, Automotive Manufacturing, Other Automotive, Logistics, Supply Chain Management, Manufacturing, Collins Industries, REV Group, Growth, Sale, Fire, ElDorado National, Commercial, Trade working capital, REVG, Capital expenditure, GAAP, ABL, Capital, Emergency, Wind, Recreation, ENC

REV Group, Inc. (NYSE: REVG) (the “company”), a manufacturer of industry-leading specialty and recreational vehicles, today reported results for the three months ended January 31, 2024 (“first quarter 2024”).

Key Points: 
  • REV Group, Inc. (NYSE: REVG) (the “company”), a manufacturer of industry-leading specialty and recreational vehicles, today reported results for the three months ended January 31, 2024 (“first quarter 2024”).
  • Consolidated net sales in the first quarter 2024 were $586.0 million, representing an increase of 0.4% compared to $583.5 million for the three months ended January 31, 2023 (“first quarter 2023”).
  • Adjusted EBITDA in the first quarter 2024 was $30.5 million, compared to $21.3 million in the first quarter 2023.
  • Capital expenditures in the first quarter 2024 were $10.5 million compared to $3.8 million in the first quarter 2023.

Model 1 Enters a National Distribution Agreement with The Shyft Group; Expanding its Commercial Product Offerings and Upfit Capabilities

Retrieved on: 
Wednesday, March 6, 2024
Logistics, Supply Chain Management, Landscape, EV, Electric Vehicles, Public Transport, Other Construction & Property, Other Manufacturing, Alternative Vehicles, Fuels, Commercial Building & Real Estate, Semiconductor, Construction & Property, Engineering, Transport, Building Systems, Automotive Manufacturing, Manufacturing, Vehicle Technology, Other Automotive, Recreational Vehicles, Performance & Special Interest, Technology, Fleet Management, Aftermarket, HVAC, Automotive, General Automotive, Model 1, The Shyft Group, GM, Original equipment manufacturer, Heat, Commercial vehicle

For Model 1, the agreement adds an expansive commercial product offering, which supports vehicle upfitting and second-stage manufacturing, and gives The Shyft Group access points into new markets and a national distribution and upfit footprint.

Key Points: 
  • For Model 1, the agreement adds an expansive commercial product offering, which supports vehicle upfitting and second-stage manufacturing, and gives The Shyft Group access points into new markets and a national distribution and upfit footprint.
  • Model 1 will carry Shyft Group brands – DuraMag , Royal Truck Body and Magnum – and offer local upfit services nationwide.
  • Someone has to fix that, and Model 1, in collaboration with Shyft, is going first,” he said.
  • Model 1’s access to chassis pool inventory and vehicle body stock eliminates the traditional domino effect timing lag experienced by most in the commercial vehicle space.

Monro, Inc. to Participate at the Bank of America Securities Consumer & Retail Conference

Retrieved on: 
Tuesday, March 5, 2024
Aftermarket, Automotive, General Automotive, Other Automotive, Tires & Rubber, Performance & Special Interest, Bank, Fireside, Conference

Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that Brian D’Ambrosia, Executive Vice President and Chief Financial Officer and Felix Veksler, Senior Director of Investor Relations, will participate in a Fireside Chat at the Bank of America Securities Consumer & Retail Conference on Tuesday, March 12, 2024 at 8:50AM ET.

Key Points: 
  • Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that Brian D’Ambrosia, Executive Vice President and Chief Financial Officer and Felix Veksler, Senior Director of Investor Relations, will participate in a Fireside Chat at the Bank of America Securities Consumer & Retail Conference on Tuesday, March 12, 2024 at 8:50AM ET.
  • A live webcast of the Bank of America event will be available via the “Investors” section of the Company’s corporate website ( corporate.monro.com/investors/events-and-presentations ).

Brightcove to Power MotoAmerica’s First Global Livestream of the Daytona 200

Retrieved on: 
Tuesday, March 5, 2024
Performance & Special Interest, Online, Sports, Entertainment, Networks, Internet, Motor Sports, Motorcycles, Technology, Automotive, General Entertainment, TV and Radio, Audio, Video, Raycom Sports, Little League Baseball, Harness, Volleyball, Daytona, MLS, NHL, News, ATP Tour, Confederation, National Hockey League, Sport, Conference, BCOV, NHRA, Element, United World Wrestling, MotoAmerica, U.S. Ski & Snowboard, Organization, National Hot Rod Association, Harness Racing Victoria, Canadian Football League, CONCACAF, Major League Soccer, ACC, VOD, USA Volleyball, Badminton Horse Trials

As the official streaming provider for MotoAmerica, Brightcove will power the live and video-on-demand (VOD) capabilities of the MotoAmerica Live+ streaming service, which will exclusively broadcast the upcoming 82nd running of the Daytona 200 (March 7-9, 2024).

Key Points: 
  • As the official streaming provider for MotoAmerica, Brightcove will power the live and video-on-demand (VOD) capabilities of the MotoAmerica Live+ streaming service, which will exclusively broadcast the upcoming 82nd running of the Daytona 200 (March 7-9, 2024).
  • “Delivering quality live and on-demand streaming experiences is essential for today’s sports and entertainment organizations to reach and engage their audiences effectively,” said Marc DeBevoise, CEO of Brightcove.
  • “In response, we decided to collaborate with Brightcove to offer our fans the upgraded experience they have been asking for.
  • Partnering with Brightcove ensures that both current and new fans of MotoAmerica can enjoy the best viewing experience possible.

Mayville Engineering Company Announces Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Tuesday, March 5, 2024
Automotive, Other Manufacturing, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, General Automotive, Other Construction & Property, Residential Building & Real Estate, Defense, Commercial Building & Real Estate, Construction & Property, Military, Machinery, Machine Tools, Metalworking & Metallurgy, Performance & Special Interest, Off-Road Trucks & SUVs, Motorcycles, Aftermarket, Acquisition, MBX, Yoy, MSA, Investment, Share repurchase, Growth, Reddy, Adjustment, Hazel Park, Michigan, Automation, Public expenditure, UAW, EPS, Agriculture, MEC, Pharmaceutical industry

Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three and twelve-months ended December 31, 2023.

Key Points: 
  • Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three and twelve-months ended December 31, 2023.
  • Excluding the impact of the MSA acquisition, net sales increased organically by 6.1% year-over-year in the fourth quarter 2023.
  • Profit sharing, bonus and deferred compensation expense decreased $0.5 million to $3.6 million in the fourth quarter of 2023.
  • Free cash flow during the fourth quarter 2023 was $19.9 million as compared to ($0.7) million in the prior year period.

Nissan Enhances Starting Price of 2024 Nissan Ariya to $39,590

Retrieved on: 
Monday, March 4, 2024
Vehicle Technology, Automotive, Automotive Manufacturing, General Automotive, EV, Electric Vehicles, Manufacturing, Performance & Special Interest, EVS, IIHS, Torque, Multimedia, Supercharger, Sale, Propulsion, Nissan, NACS, Transformation, Tesla Supercharger, EPA, MSRP, Nissan Ariya, Ariya, Electric motor

View the full release here: https://www.businesswire.com/news/home/20240304834355/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240304834355/en/
    The 2024 Nissan Ariya is on sale now with a starting Manufacturer’s Suggested Retail Price (MSRP) from $39,590 with enhanced MSRP across all trim levels to appeal to a wider audience of EV buyers.
  • Ariya Engage, the entry point to the Ariya line-up, has been reduced by $3,600 with other trim levels receiving a reduction of up to $6,000.
  • The Nissan Ariya was also recently awarded the Insurance Institute for Highway Safety's (IIHS) 2024 TOP SAFETY PICK designation.
  • Manufacturer’s Suggested Retail Prices for the 2024 Nissan Ariya:

Global and China Passenger Car Navigate on Autopilot (NOA) Industry Report 2023 Featuring 5 Foreign Suppliers, 23 Domestic Suppliers and Solutions and Application of 10 OEMs - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024
Automotive Manufacturing, Manufacturing, Vehicle Technology, Autonomous Driving, Vehicles, Automotive, Other Technology, EV, Electric Vehicles, Artificial Intelligence, Urban Planning, Hardware, Drones, Consumer Electronics, Technology, Construction & Property, Alternative Vehicles, Fuels, Robotics, Other Automotive, General Automotive, Performance & Special Interest, Name, AVP, ADS, OCC, AI, HD, Original equipment manufacturer, BYD, NOA, PPA, NIO, NOH, Perception, Human, Baidu, Navigation, DJI, City, Li Auto, Huawei, WEY, Tesla Autopilot, Commute, Pedestrian

The "China Passenger Car Navigate on Autopilot (NOA) Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Passenger Car Navigate on Autopilot (NOA) Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Intelligent driving is evolving from L2 to L2+ and L2++, and Navigate on Autopilot (NOA) has become a layout focus in the industry.
  • These issues are exactly what the publisher explores and studies in China Passenger Car Navigate on Autopilot (NOA) Industry Report, 2023
    NOA is evolving from Highway NOA to Urban NOA.
  • Navigate on Autopilot (NOA) is divided into Highway NOA and Urban NOA by application scenario.

China Commercial Vehicle Intelligent Chassis Industry Report 2023: Both OEMs and Suppliers Now have Made Layout of Standardized Intelligent Chassis - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024
Automotive, General Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Performance & Special Interest, EBS, Electric vehicle, PIX, King Long, CTP, Intelligence, Research, WABCO, China South Industries Group, XCMG, Long March, EMC, Sany, EHB, Original equipment manufacturer, BAIC, Schaeffler Group, CIIC, Cell, JMC, GWM, Yutong, Qingling Motors, JAC, CATL, FAW Jiefang, Tongji University, Dongfeng, REE, Cognition, AICO, Mercedes-Benz Actros, PACK, CSGC, CTC, Commercial vehicle, Printed circuit board

Commercial Vehicle Intelligent Chassis Industry Report, 2023, combs through and researches status quo and related product layout of OEMs and suppliers, and predicts future development trends of commercial vehicle intelligent chassis.

Key Points: 
  • Commercial Vehicle Intelligent Chassis Industry Report, 2023, combs through and researches status quo and related product layout of OEMs and suppliers, and predicts future development trends of commercial vehicle intelligent chassis.
  • Referring to the Electric Vehicle Intelligent Chassis Technology Roadmap, currently the development of commercial vehicle intelligent chassis in China focuses on four components, namely, brake-by-wire, steer-by-wire, drive-by-wire, and intelligent suspension.
  • In the trend for commercial vehicle electrification, connection and intelligence, intelligent chassis, as a development cornerstone of vehicle intelligence, has become a development priority of the industry.
  • Driven by national policies and market demand, OEMs and suppliers have quickened their pace of deploying intelligent chassis to solve the current problem of 'insufficiently flexible limbs' in commercial vehicle chassis and support intelligent upgrade of commercial vehicle chassis.

RumbleOn Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule

Retrieved on: 
Thursday, February 29, 2024
Motor Sports, Sports, Automotive, Specialty, Extreme Sports, General Automotive, Tires & Rubber, Recreational Vehicles, Retail, Performance & Special Interest, Motorcycles, Central Time, Conference, Webcast, Flour

RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), operates primarily through two operating segments: the RideNow Powersports dealership group and Wholesale Express, an asset-light logistics provider focused on the automotive industry.

Key Points: 
  • RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), operates primarily through two operating segments: the RideNow Powersports dealership group and Wholesale Express, an asset-light logistics provider focused on the automotive industry.
  • RumbleOn today announced that it will release its fourth quarter and full year 2023 operational and financial results before the market opens on Thursday, March 14, 2024.
  • The Company has scheduled a conference call and webcast on the same day at 7:00 a.m. Central Time (8:00 a.m. Eastern Time) to discuss its operational and financial results.
  • When: Thursday, March 14, 2024, at 7:00 am Central Time (8:00 a.m. Eastern Time)
    Conference Call Dial In: 1-201-493-6779 for United States callers, or 1-877-407-9716 for callers outside the United States; Conference ID: 13743245