Category: Automotive Technology

  • REE Automotive to Webcast CEO Fireside Chat on November 2, 2023

    TEL AVIV, Israel, Oct. 19, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today announced that CEO and co-founder Daniel Barel will participate in a shareholder fireside chat on November 2, 2023. The discussion will be moderated by CMO Keren Shemesh…

  • Pursuit of excellence is a restless endeavor

    Pursuit of excellence is a restless endeavor

    #inform-video-player-1 .inform-embed { margin-top: 10px; margin-bottom: 20px; } #inform-video-player-2 .inform-embed { margin-top: 10px; margin-bottom: 20px; } Eleven top technicians from across the United States competed in Detroit, Michigan to be crowned the 2023 Auto Value and Bumper to Bumper Technician of the Year. Jose Zuniga, of their very own Rick’s Automotive, was chosen to represent…

  • Reynolds and Reynolds scholarships are ‘direct investment’ in industry’s future

    Reynolds and Reynolds scholarships are ‘direct investment’ in industry’s future

    Reynolds and Reynolds is investing in the future of the auto industry through education. The dealership software provider has committed to provide financial help for students at Northwood University and Sinclair Community College who are pursuing automotive careers. The company announced it is funding $375,000 in scholarships over the next three years for students at…

  • Lendbuzz Completes $235 Million Asset-Backed Securitization

    Lendbuzz Completes $235 Million Asset-Backed Securitization

    #inform-video-player-1 .inform-embed { margin-top: 10px; margin-bottom: 20px; } #inform-video-player-2 .inform-embed { margin-top: 10px; margin-bottom: 20px; } BOSTON–(BUSINESS WIRE)–Oct 18, 2023– Lendbuzz, a fintech company that uses AI to provide auto loans to a wide spectrum of borrowers, today announced that it has closed a $235 million securitization collateralized by a pool of retail automobile contracts…

  • EDA-Funded Automotive Training Facility Revs Up the Alabama Economy

    EDA-Funded Automotive Training Facility Revs Up the Alabama Economy

    Decatur, Alabama, is a small community just outside of Huntsville, a city that has been experiencing steady growth over the last few decades. As the population grows, so too does the vast number of businesses to serve their needs.  Now Decatur is home to more than two dozen automotive dealerships. The new training center provides…

  • Microchip doubles its Detroit Automotive Technology Centre

    Microchip doubles its Detroit Automotive Technology Centre

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  • Automotive Testing Expo North America 2023

    Automotive Testing Expo North America 2023

    Next week’s Automotive Testing Expo North America 2023 provides the automotive testing and validation community with an unrivaled opportunity to source the best new solutions from the world’s leading suppliers, while networking with the testing sector’s largest gathering of technicians, engineers and technology specialists. The show, which once again takes place at the Suburban Showplace…

  • REE Automotive Initial Order Book Value Grows to Approximately $25 Million, a 30% Increase Since End of August 2023

    Company progresses towards full vehicle certification with expected first customer deliveries by the end of 2023 and production plan of up to 300 P7 trucks in 2024 REE Authorized Dealer Network grows to 15 dealers covering the U.S. and Canada TEL AVIV, Israel, Oct. 18, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an…

  • Microchip’s Detroit Automotive Technology Center is the Destination for Automotive Clients

    CHANDLER, Ariz., Oct. 18, 2023 (GLOBE NEWSWIRE) — The automotive industry is evolving at a rapid pace, with E-Mobility and Advanced Driver Assistance Systems (ADAS) driving the market’s need for innovative solutions. Microchip Technology (Nasdaq: MCHP), a leading provider of smart, connected and secure embedded control solutions, today announces the expansion of its Detroit Automotive…

  • MCC dedicates career advancement center

    With the snip of an extra-large pair of scissors on a ceremonial ribbon, the Muscatine Community College (MCC) DeWitt Career Advancement Center, well over a year in the making, was officially open to the public. While the center has been open to students since the beginning of the fall semester, a ceremony was held Tuesday…