Z06

Carbon Revolution Announces Record Revenue Results for First Half 2024

Retrieved on: 
Tuesday, April 9, 2024

GEELONG, Australia, April 09, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced fiscal first half 2024 results for the period ending December 31, 2023 (unaudited). First half revenue was up 107% over the same period last year and second quarter revenue was also up 177% year over year. Net loss for the half was US$38.2 million compared to US$19.2 million a year ago with transactions costs comprising US$12.1 million for this half.

Key Points: 
  • First half revenue was up 107% over the same period last year and second quarter revenue was also up 177% year over year.
  • Net loss for the half was US$38.2 million compared to US$19.2 million a year ago with transactions costs comprising US$12.1 million for this half.
  • Carbon Revolution is an early-stage growth company that is reliant on new capital until it reaches profitability and positive free cashflow.
  • “Carbon Revolution reported half year revenue in the fiscal first half of 2024, up 107% year-over-year to US$26.1 million, driven by increased demand from the Corvette Z06 program, and the launches of the Range Rover Sport SV and Ford Mustang Dark Horse programs” said Jake Dingle, CEO of Carbon Revolution.

Corvette E-Ray with Carbon Revolution Wheels Wins The Drive’s Best Performance Car of 2023 Award

Retrieved on: 
Wednesday, March 20, 2024

The 2024 E-Ray marks the first time a General Motors hybrid electric product has used Carbon Revolution’s class-leading carbon fiber wheels.

Key Points: 
  • The 2024 E-Ray marks the first time a General Motors hybrid electric product has used Carbon Revolution’s class-leading carbon fiber wheels.
  • “The General Motors Corvette Z06 and ZR1 have been some of Carbon Revolution’s most successful high-volume programs.
  • We expect that given the recent performance awards for the E-Ray, this program will continue the trend of success,” said Jake Dingle, CEO of Carbon Revolution.
  • The E-Ray’s optional five-spoke carbon fiber wheels, made by Carbon Revolution, cut 41 pounds from the Corvette’s unsprung, rotational curb weight compared with the forged aluminum option.

Barrett-Jackson Holds Record-Breaking 2024 Scottsdale Auction with $207.6 Million in Total Auction Sales, Most in Company History

Retrieved on: 
Wednesday, January 31, 2024

In dynamic fashion, the event featured its largest auction docket in company history with 2,016 collectible vehicles, all selling with No Reserve, for $200.9 million in auction sales.

Key Points: 
  • In dynamic fashion, the event featured its largest auction docket in company history with 2,016 collectible vehicles, all selling with No Reserve, for $200.9 million in auction sales.
  • Additionally, Barrett-Jackson sold 1,180 pieces of authentic automobilia for $6.7 million, bringing total auction sales to $207.6 million, the most for a single auction in Barrett-Jackson history, with a 100 percent sell-through rate and over 190 world-record auction sales.
  • Top auction sales included a 1956 Mercedes-Benz 300SL Gullwing ( Lot #1406 ) for $3.41 million and a 2018 Bugatti Chiron ( Lot #1378 ) for $2.97 million.
  • View the full release here: https://www.businesswire.com/news/home/20240131572922/en/
    Top auction sales during the Barrett-Jackson Scottsdale Auction included a 1956 Mercedes-Benz 300SL Gullwing (Lot #1406) for $3.41 million.

The Car Connection Names Best Car To Buy 2024: Kia EV9

Retrieved on: 
Wednesday, January 3, 2024

Related auto enthusiast brands Motor Authority and Green Car Reports also named the winners of their Best Car To Buy awards.

Key Points: 
  • Related auto enthusiast brands Motor Authority and Green Car Reports also named the winners of their Best Car To Buy awards.
  • The Chevrolet Corvette Z06 took the title of Motor Authority Best Car To Buy 2024, while the Kia EV9 was named Green Car Reports Best Car To Buy 2024.
  • The Car Connection also named its best picks in individual categories:
    The Car Connection's expert editors chose the Kia EV9 from a competitive field of nominees.
  • Green Car Reports, a research and news destination for electric, hybrid, and fuel-efficient cars, named the Kia EV9 as its Best Green Car To Buy 2024.

Clash of the Performance Titans: 2023 Chevrolet Corvette Z06 vs. 2023 Lamborghini Huracan Tecnica in Nashville, TN

Retrieved on: 
Wednesday, August 16, 2023

NASHVILLE, Tenn., Aug. 16, 2023 /PRNewswire-PRWeb/ -- Carl Black Chevy presents an exhilarating automotive showdown: the 2023 Chevrolet Corvette Z06 versus the 2023 Lamborghini Huracan. Prepare for a clash of titans that redefine high-performance driving.

Key Points: 
  • Carl Black Chevy in Nashville details how the 2023 Chevy Corvette stacks up against the nearest competition – the 2023 Lamborghini Huracan Tecnica.
  • NASHVILLE, Tenn., Aug. 16, 2023 /PRNewswire-PRWeb/ -- Carl Black Chevy presents an exhilarating automotive showdown: the 2023 Chevrolet Corvette Z06 versus the 2023 Lamborghini Huracan .
  • The 2023 Chevrolet Corvette Z06 boasts a heart-pounding 670 horsepower V8 engine, tuned to perfection for breathtaking acceleration.
  • The 2023 Lamborghini Huracan Tecnica captivates with its iconic design and a roaring V10 engine that produces an awe-inspiring 630 horsepower.

Autotrader Announces Best News Cars of 2023, Offers Chance to Win Free Gas for One Year*

Retrieved on: 
Tuesday, March 7, 2023

Consumers can enter for a chance to win on www.FueledByAutotrader.com starting today through 4/21.

Key Points: 
  • Consumers can enter for a chance to win on www.FueledByAutotrader.com starting today through 4/21.
  • "In celebration of Autotrader's Best New Cars of 2023, we want to help people by offering the opportunity to win free gas or EV charging for one year, taking that expense off their plate."
  • To learn more about the Best New Cars of 2023 from Autotrader, including photos, detailed vehicle information and available inventory, visit https://www.autotrader.com/best-cars/best-new-cars-of-2023 .
  • To enter for a chance to win free gas or EV charging for a year, visit www.FueledByAutotrader.com .

Hennessey’s 708-Hp Supercharged 'H700' Corvette C8 Extinguishes Z06

Retrieved on: 
Tuesday, February 7, 2023

Video – Hennessey Supercharged H700 C8 Corvette Stingray // Chassis Dyno Testing: WATCH

Key Points: 
  • Video – Hennessey Supercharged H700 C8 Corvette Stingray // Chassis Dyno Testing: WATCH
    Video – Hennessey Supercharged 700-hp C8 Corvette Stingray // TRACK TESTING: WATCH
    SEALY, Texas, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Hennessey , the Texas-based hypercar manufacturer, and high-performance vehicle creator, has supercharged America's premier mid-engine sports car.
  • The new Hennessey Supercharged H700 Corvette C8 Stingray, fitted with a muscular blower, vaults the standard midengined Stingray coupe to exotic car power and torque levels that surpass even the revered 2023 Chevrolet Corvette Z06.
  • In terms of power output, the supercharged H700 Corvette C8 Stingray even outshines Chevrolet's flagship C8 Z06 whose naturally-aspirated 5.5-liter LT6 flat-plane crank V8 engine produces 670 bhp and 460 lb-ft.
    John Hennessey, founder and CEO: "The stock C8 Corvette Stingray is an extraordinary sports car, yet Chevrolet left some V8 performance on the table.
  • Video – Hennessey Supercharged H700 C8 Corvette Stingray // Chassis Dyno Testing: WATCH
    Video – Hennessey Supercharged 700-hp C8 Corvette Stingray // TRACK TESTING: WATCH

Operation Homefront presents Cornerstone Awards to Emily Weaver of Chevrolet and Jim Zeumer of PulteGroup, Inc.

Retrieved on: 
Monday, August 29, 2022

SAN ANTONIO, Texas, Aug. 29, 2022 /PRNewswire-PRWeb/ -- Operation Homefront, the national nonprofit serving America's military families, has presented 2022 Cornerstone Awards to Emily Weaver, Brand Partnerships, Chevrolet Customer Influence, and Jim Zeumer, Vice President, Investor Relations and Corporate Communications at PulteGroup.

Key Points: 
  • Operation Homefront, the national nonprofit serving America's military families, has presented 2022 Cornerstone Awards to Emily Weaver, Brand Partnerships, Chevrolet Customer Influence, and Jim Zeumer, Vice President, Investor Relations and Corporate Communications at PulteGroup.
  • SAN ANTONIO, Texas, Aug.29, 2022 /PRNewswire-PRWeb/ -- Operation Homefront, the national nonprofit serving America's military families, has presented 2022 Cornerstone Awards to Emily Weaver, Brand Partnerships, Chevrolet Customer Influence, and Jim Zeumer, Vice President, Investor Relations and Corporate Communications at PulteGroup.
  • Operation Homefront presents the Cornerstone Award to individuals who have gone above and beyond to help Operation Homefront transform how it serves military families and delivers its mission.
  • About Emily Weaver Brand Partnerships, Chevrolet Customer Influence
    Emily Weaver has been with General Motors, working on Chevrolet Marketing, since October 2015.

Classic Chevrolet Sugar Land Uses First 2023 Chevrolet Corvette Z06 Allocation to Raise $71,000 For Houston Charities

Retrieved on: 
Tuesday, August 23, 2022

Classic Chevrolet Sugar Land, a GM Dealer of the Year Award winner for 12 consecutive years and the premier Chevrolet Dealer of Greater Houston, is proud to announce that it has raised $71,000 for Greater Houston charities by auctioning off its first 2023 Chevrolet Corvette Z06 allocation online through Carbingo.com.

Key Points: 
  • Classic Chevrolet Sugar Land, a GM Dealer of the Year Award winner for 12 consecutive years and the premier Chevrolet Dealer of Greater Houston, is proud to announce that it has raised $71,000 for Greater Houston charities by auctioning off its first 2023 Chevrolet Corvette Z06 allocation online through Carbingo.com.
  • View the full release here: https://www.businesswire.com/news/home/20220823005844/en/
    Classic Chevrolet Sugar Land's First 2023 Chevrolet Corvette Z06 Allocation Raises $71,000 for Houston Charities using Carbingo.com online auction.
  • The first allocation announcement from GM for the 2023 Chevrolet Corvette Z06 sparked an idea at Classic Chevrolet Sugar Land to create an online charitable auction.
  • The online auction was open to those who have previously expressed an interest in purchasing the Z06 from Classic Chevrolet Sugar Land, and not to the general public.

North Texas Auto Show Debuts the First Indoor EV Test Track in Texas

Retrieved on: 
Thursday, March 3, 2022

DALLAS, March 3, 2022 /PRNewswire-PRWeb/ -- The North Texas Auto Show returns to Kay Bailey Hutchison Convention Center, March 17 20, 2022.

Key Points: 
  • DALLAS, March 3, 2022 /PRNewswire-PRWeb/ -- The North Texas Auto Show returns to Kay Bailey Hutchison Convention Center, March 17 20, 2022.
  • This show is the ONLY place in Texas where consumers will find hundreds of new vehicles with the latest technology all in one place.
  • "The Auto Show provides car and truck buyers with a relaxed environment to make their buying decisions," said Charlie Gilchrist, Chairman of the North Texas Automobile Dealers.
  • Attendees will also experience another first for Texas when the Indoor EV Test Track launches at the show on Thursday, March 17.