Automotive News

ATLANTA--(BUSINESS WIRE)--EDS Service Solutions, a national provider of labor outsourcing and workforce management services across the travel, hospitality, logistics, automotive and aviation industries, has been named a 2025 Georgia Fast 40 honoree by the Atlanta chapter of the Association for Corporate Growth. According to ACG Atlanta, the Georgia Fast 40 program recognizes the top 40 fastest growing middle market companies in the state. Honorees are selected following a thorough review of thr...

TAMPA, Fla.--(BUSINESS WIRE)--Coca-Cola Beverages Florida, LLC (Coke Florida) hosted the official grand opening of its new state-of-the-art Tampa Distribution Center and Fleet Facility yesterday, marking a major milestone of growth for the company in central Florida. The $300 million plus investment sits on the company’s 156-acre site, located at US 301 and the Selmon Expressway, and features a new 800,000 square foot, fully automated warehouse facility and a 250,000 square foot state-of-the-ar...

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 30.0 cents per share, an increase of 11.1% from the prior quarterly dividend of 27.0 cents per share. The dividend is payable June 30, 2025, to shareholders of record on June 16, 2025. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2024 marked the 29th consecutive year of annual dividend increases. The Com...

CHICAGO & NORTHVILLE, Mich.--(BUSINESS WIRE)--HAAS Alert and Mitsubishi Electric Automotive America, Inc. announce a strategic partnership to lead the next generation of in-vehicle experience....

DUBLIN--(BUSINESS WIRE)--The "Europe and North America OEMs' Used Car Retail Strategies 2025" report has been added to ResearchAndMarkets.com's offering. The used car market has undergone changes since the COVID-19 pandemic, driven by soaring prices and supply shortages of new vehicles that have suppressed demand. OEMs selling vehicles directly to end customers rather than through franchise dealerships as intermediaries is a new trend gaining traction globally. Under this business model, franch...

AMSTERDAM--(BUSINESS WIRE)--Nebius Group (“Nebius” or “the Group”; NASDAQ: NBIS), a leading AI infrastructure company, today confirmed its participation in ClickHouse’s Series C funding round. Arkady Volozh, founder and CEO of Nebius, said: “We are extremely impressed with what Aaron and his team have achieved to date, and believe they are well positioned to continue scaling rapidly and create significant additional value for shareholders. “We believe our non-core assets will provide us with bi...

DUBLIN--(BUSINESS WIRE)--The "Commercial Vehicle (CV) Market, Gulf Cooperation Council, 2024-2028" report has been added to ResearchAndMarkets.com's offering. GCC nations are actively reducing their reliance on oil-driven economies, recognizing the need for diversification as populations grow and oil resources alone cannot sustain future development. From 2011 to 2021, fossil fuel dependency saw a decline, with the UAE leading the shift by reducing oil's share to less than 30% of its GDP by 202...

DUBLIN--(BUSINESS WIRE)--The "China Electric Vehicle and Charging Infrastructure Market: Investment Opportunities and Future Outlook Databook - 50+ KPIs Covering EV Market Size by Value and Volume, Vehicle Type, Price Point, Propulsion Type, Location - Q2 2025 Update" report has been added to ResearchAndMarkets.com's offering. The electric vehicle (EV) and charging infrastructure market in China is on a path of rapid expansion. As of 2025, it is expected to grow by 14% year-on-year, reaching an...

BONITA SPRINGS, Fla. & BATON ROUGE, La.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) announced today the expiration of the tender offer to exchange each outstanding share of H&E common stock (the “H&E Shares”) for $78.75 in cash and 0.1287 shares of Herc common stock, in each case without interest (the “Offer”, and such consideration, the “Offer Price”), pursuant to the te...

DUBLIN--(BUSINESS WIRE)--The "South Africa Electric Vehicle and Charging Infrastructure Market: Investment Opportunities and Future Outlook Databook - 50+ KPIs Covering EV Market Size by Value and Volume, Vehicle Type, Price Point, Propulsion Type, Location - Q2 2025 Update" report has been added to ResearchAndMarkets.com's offering. The electric vehicle and charging infrastructure market in South Africa is expected to grow by 26.3% on annual basis to reach US$471.3 million in 2025. The electri...