Volkswagen

Infiniti Dealers Ranked Highest in Auto Industry Study Measuring Responsiveness to Website Customers

Retrieved on: 
Monday, March 4, 2024

Infiniti dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to customer internet leads coming though dealership websites.

Key Points: 
  • Infiniti dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to customer internet leads coming though dealership websites.
  • Pied Piper then evaluated how the dealerships responded by email, telephone, and text message over the next 24 hours.
  • In this year’s study, 34% of automotive dealerships scored above 80 (providing a quick and thorough personal response), while 21% scored below 40 (failing to personally respond to their website customers).
  • Brands with the greatest improvement were Dodge, Genesis, Honda, Kia, and Infiniti, all of whom improved their scores more than six points since last year’s study.

Extreme Extends Dominant Position in Enterprise Network Fabric with More Than 5,000 Global Customer Deployments Worldwide

Retrieved on: 
Thursday, February 29, 2024

Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that Extreme network Fabric solutions have helped customers improve operational efficiency, increase network security and drive impactful business transformation.

Key Points: 
  • Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that Extreme network Fabric solutions have helped customers improve operational efficiency, increase network security and drive impactful business transformation.
  • These virtualized networks are inherently secure, with automated provisioning that eliminates nearly all manual configuration and the risk of network errors.
  • With Extreme Fabric, HMG can segment the network to separate sensitive patient data or critical medical devices from other network traffic.
  • Customers across industries rely on Extreme Fabric to increase network security through hyper-segmentation, which enables customers to separate network traffic and minimize the potential blast radius of a lateral attack.

Upstart Delivers Reservation and Deposit System for New Kia EV9 SUV

Retrieved on: 
Wednesday, February 21, 2024

Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced that Kia used Upstart Auto Retail Build & Price Reservations as the exclusive reservation and deposit system for the launch of the new Kia EV9 SUV in the United States.

Key Points: 
  • Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced that Kia used Upstart Auto Retail Build & Price Reservations as the exclusive reservation and deposit system for the launch of the new Kia EV9 SUV in the United States.
  • In addition to reserving and placing a deposit on an EV9 directly from a dealer’s website, Upstart Build & Price Reservations allowed customers to choose the trim, colors, and optional packages they wanted included with their vehicle.
  • Kia dealers with the full Upstart Auto Retail solution can provide an end-to-end car-buying experience for the EV9, from online reservation through to vehicle pickup, including financing.
  • Upstart Auto Retail has been a certified provider in the Kia Digital Certified Solutions program since December 2020.

BYD Set to Challenge Tesla for the Crown in EV Sales in 2024, Says TrendForce

Retrieved on: 
Tuesday, February 20, 2024

TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global market share.

Key Points: 
  • TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global market share.
  • However, growth is slowing down due to a high base effect, and limited sales growth in other regions cannot compensate for the gap left by the Chinese market.
  • In 2023, Tesla continues to lead BEV rankings with a 19.9% market share, closely followed by BYD, which narrowed the sales gap with Tesla to 248,000 units.
  • TrendForce believes that BYD has the potential to challenge Tesla’s dominance in the BEV market this year.

Avanci Welcomes the Volkswagen Group to its 5G Vehicle Licensing Program

Retrieved on: 
Tuesday, February 20, 2024

Avanci, the independent global leader in joint licensing solutions, today announced that all car, bus and truck manufacturing brands in the Volkswagen Group are participating as licensees in the Avanci 5G Vehicle licensing program.

Key Points: 
  • Avanci, the independent global leader in joint licensing solutions, today announced that all car, bus and truck manufacturing brands in the Volkswagen Group are participating as licensees in the Avanci 5G Vehicle licensing program.
  • Laurie Fitzgerald, President at Avanci Vehicle, said: “We are delighted that Volkswagen Group is taking part in our licensing program for its next generation of connected vehicles.
  • With the addition of the Volkswagen Group brands, Avanci 5G Vehicle now includes more than 25 automotive brands and over 60 licensors as participants in our global one-stop-solution.”
    Avanci 5G Vehicle builds on the success of Avanci 4G Vehicle.
  • More than 150 million connected vehicles on the world’s roads from almost 100 automotive brands are already covered by an Avanci 4G Vehicle license.

Glo2Facial™ Bubble Bugs are Hitting the Road

Retrieved on: 
Thursday, March 7, 2024

NEWPORT BEACH, Calif. , March 7, 2024 /PRNewswire/ -- Glo2Facial™ by Geneo, a challenger brand expanding the aesthetics category, is launching a nationwide Bubble Bugs Campaign, commencing at the iconic South by Southwest® (SXSW®) conference and festival in Austin, TX. This first-of-its-kind immersive experience aims to accelerate Glo2Facial as a treatment consumers ask for by name. 

Key Points: 
  • Throughout 2024, the Glo2Facial Bubble Bugs will embark on a coast-to-coast journey to drive awareness, engagement and trial amongst providers and consumers alike.
  • "The Bubble Bugs are a reimagined approach to tour-based activations," said Rosemarie Holcomb, Senior Vice President of Marketing at Geneo.
  • The Bubble Bugs will be handing out Bubble Bucks directly to consumers, or they can be downloaded from the Glo2Facial website.
  • To receive your own Bubble Bucks and to find a participating Bubble Bucks provider, visit Glo2Facial.com/find-a-provider .

TBWA\CHIAT\DAY NEW YORK APPOINTS EMILY WILCOX AS CEO

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, March 6, 2024 /PRNewswire/ -- Today TBWA\Chiat\Day New York announced Emily Wilcox as CEO. Emily will join TBWA on April 1 from Johannes Leonardo, where she held the role of CEO. It's the first move from new United States CEO, Erin Riley, after she took the reins of TBWA\Chiat\Day's agencies in New York, Nashville, and Los Angeles.

Key Points: 
  • NEW YORK, March 6, 2024 /PRNewswire/ -- Today TBWA\Chiat\Day New York announced Emily Wilcox as CEO.
  • Emily will join TBWA on April 1 from Johannes Leonardo, where she held the role of CEO.
  • It's the first move from new United States CEO, Erin Riley, after she took the reins of TBWA\Chiat\Day's agencies in New York, Nashville, and Los Angeles.
  • Erin Riley, CEO, TBWA\Chiat\Day US noted, "Emily is new to Chiat, but she clearly has the heart of a Pirate, Disruption is in her soul.

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points: 
  • Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
  • OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
  • Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
  • Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points: 
  • Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
  • OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
  • Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
  • Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.

Innoviz Reports Fourth Quarter and Full Year 2023 Results, Exceeding Revenue Guidance

Retrieved on: 
Wednesday, February 28, 2024

"I am pleased with our strong finish to 2023, delivering revenues that were above the high end of both our quarterly and annual guidance range," said Innoviz CEO, Omer Keilaf.

Key Points: 
  • "I am pleased with our strong finish to 2023, delivering revenues that were above the high end of both our quarterly and annual guidance range," said Innoviz CEO, Omer Keilaf.
  • Innoviz views Mobileye as a strong partner and hopes to find additional opportunities to work with them on new platforms.
  • The Company is establishing initial targets for Q1 2024 and FY 2024:
    After initially guiding 2023 revenue targets too cautiously, Innoviz is shifting to quarterly revenue targets.
  • Innoviz CEO Omer Keilaf and CFO Eldar Cegla will host the call, followed by a question-and-answer session.