Automotive News

GREENVILLE, S.C.--(BUSINESS WIRE)--Attain Finance (“Attain” or the “Company”), a leading consumer finance company, today announced it has successfully completed the closing of HFGT Trust 2026-A, a $375 million credit facility.In connection with the closing, Attain Finance retired both Heights Finance SPV I and Heights Finance SPV II, thus completing the refinancing of all of Attain’s legacy receivables-based facilities that were put in place when Attain emerged from bankruptcy in 2024. The new H...

RALEIGH, N.C.--(BUSINESS WIRE)--New national research from Vontier (NYSE: VNT) reveals Americans are quietly rewriting the rules of roadside retail. Consumers are reshaping the convenience-store visit in real time – demanding less friction and more value in the experience. A survey of more than 600 U.S. drivers shows that nearly half (47%) of respondents want the ability to purchase snacks, beverages and everyday essentials directly at the fuel pump or EV charger. This marks the rise of Order a...

SARASOTA, Fla.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Sarasota wholesale auction site. The integration creates additional reconditioning capacity and a new inventory pool in Carvana's national network that supports greater selection for retail customers nationwide, faster delivery speeds for Florida Gulf Coast car buyers, and a mor...

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that it intends to offer shares of its common stock, par value $0.01 per share, (the “Common Stock”) at an aggregate public offering price of $100 million in a SEC-registered offering. Such shares (the “Borrowed Shares”) will be loaned by the Company to J.P. Morgan Securities LLC (in such capacity, the “Share Borrower”), one of the underwriter...

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), intends to offer, subject to market and other conditions, $300 million in aggregate principal amount of Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buye...

LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today released its inaugural State of American Decision Making Report, a new national report examining how Americans navigate everyday choices amid rising costs, busy schedules, and an increasingly complex information environment. The report reveals a striking contradiction: while nearly two-thirds of Americans (64.4%) describe themselves as very confident decision-...

TORONTO & HO CHI MINH CITY, Vietnam--(BUSINESS WIRE)--dynaCERT Inc. (TSX: DYA) (OTCQB: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that, resulting from the continuation of its market entry strategy including multiple pilot projects with various customers, dynaCERT has received a first series order from a trucking logistics company in Vietnam. The pilot installation demonstrated that dynaCERT's HydraGEN™ technology successfully met the customer's performance objectives...

GOTHENBURG, Sweden & KRONBERG I. TS., Germany--(BUSINESS WIRE)--Coretura signed an engineering agreement with Accenture to accelerate the development of its software platform for commercial vehicles....

AMSTERDAM--(BUSINESS WIRE)--Global electromobility is at a critical turning point. Battery electric vehicles (BEVs) are becoming significantly more attractive worldwide, driven in part by rising fuel prices and a much broader range of available models. But their breakthrough does not only depend on demand for new cars. This is highlighted by the BearingPoint E-Mobility Attractiveness Index 2026, for which more than 10,000 consumers in Germany, the United Kingdom, the United States, China, and I...

WARSAW, Poland--(BUSINESS WIRE)--Oilstainlab and Delphi, a brand of PHINIA Inc., announced today the official European Tour of the Half-11, a homecoming for the one-of-a-kind bespoke car whose spiritual roots lie deep in the golden era of 1960s European motorsport, blended with modern technology. The car will make its official premiere at Ultrace in Gdańsk, Poland, on June 27–28, before appearing at HEIZR Racing Dept at Hockenheimring, Germany, on July 4, and concluding its European showcase at...