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Ford’s $5B Bet on America: Innovation Meets Efficiency in New EV Platform, Assembly Process and Midsize Truck
LOUISVILLE, Ky.--(BUSINESS WIRE)--Ford Motor Company is once again taking a revolutionary leap forward in engineering and manufacturing to bring a new family of affordable, high-quality electric vehicles within reach for millions around the world. The new Ford Universal EV Platform and Ford Universal EV Production System introduced today were born from a team that combines the discipline, expertise and scale of a company with 122 years of experience with the speed, innovation and first-principl...
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Clutch CEO Dan Park Appointed to OMVIC Industry Advisory Council
TORONTO--(BUSINESS WIRE)--Clutch, Canada’s leading online used car retailer, today announced that its CEO, Dan Park, has been appointed to the Industry Advisory Council of the Ontario Motor Vehicle Industry Council (OMVIC), the province’s vehicle sales regulator. Dan Park brings a modern, technology-driven perspective to the Industry Advisory Council at a pivotal moment for the automotive industry, where digital innovation and consumer demand for transparency are reshaping how cars are bought a...
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HGreg Trucks celebrates one-year anniversary of first commercial vehicle dealership in Miami
MIAMI--(BUSINESS WIRE)--HGreg Trucks, the commercial vehicle division of leading automotive retailer HGreg, celebrates the one-year anniversary of its first truck dealership, located in Miami. Opened in July 2024, the location marked a bold expansion for the automotive group that first put down roots in Florida in 2009 with the promise of simplifying the car buying experience for its customers. In the past 12 months, the new banner has expanded with the opening of two locations – one in Miami,...
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RELEX Solutions Expands Partnership with DoorDash to Scale DashMart Operations
ATLANTA--(BUSINESS WIRE)--RELEX Solutions is deepening its collaboration with DoorDash, one of the world’s leading local commerce platforms to improve operations across its DashMart network of first-party fulfillment centers. Building on successful results from RELEX forecasting and replenishment capabilities implemented in 2022, DoorDash began deploying additional AI-driven supply chain optimization capabilities to support its continued, rapid expansion in on-demand delivery. DashMart location...
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PPG announces succession plan details of general counsel
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Anne M. Foulkes, who has served as senior vice president and general counsel since 2018 and is a 30-year veteran of the company, will retire as part of a planned succession for the role. Effective Jan. 1, 2026, Foulkes, 62, will serve in a new role as senior vice president, legal and special projects, to ensure a smooth transition of general counsel responsibilities and oversee certain projects for the company through August 31, 2...
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Motorcar Parts of America Reports Fiscal First Quarter Results
LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2026 first quarter -- reflecting record sales and gross profit for a fiscal first quarter with solid cash flow generation. Key highlights for the quarter: Net sales increased 10.9 percent to a first quarter record of $188.4 million. Gross profit increased 16.3 percent to a first quarter record of $33.9 million. Operating income increased to $20.1 million from an operating loss of $...
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Piedmont Lithium Reports Q2 2025 Results
BELMONT, N.C.--(BUSINESS WIRE)--Piedmont Lithium Inc. (“Piedmont,” the “Company,” “we,” “our,” or “us”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today reported its second quarter 2025 financial results. Piedmont shipped approximately 20,200 dry metric tons (“dmt”) of spodumene concentrate (~5.3% Li2O) and recognized $11.9 million in revenue in Q2’25. The Company’s realized price per dmt was $587 in Q2’25....
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Li-Cycle Completes Sale of Certain of its Subsidiaries and Assets to Glencore
TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (“Li-Cycle” or the “Company”) is pleased to announce the completion of the sale of certain of its subsidiaries and assets to an affiliate of Glencore Canada Corporation (“Glencore”), the Company’s largest secured creditor, by way of credit bid and assumption of certain indebtedness. The sale includes Li-Cycle’s Germany, Arizona, Alabama, New York, and Ontario Spokes; its Rochester Hub project; and its intellectual property portfolio. Glencore ha...
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Ouster Announces Operating Results for Second Quarter 2025
SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (Nasdaq: OUST) (“Ouster” or the “Company”), a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life across the automotive, industrial, robotics and smart infrastructure sectors, announced today financial results for the three months ended June 30, 2025. Second Quarter 2025 Highlights: $35 million in revenue, up 30% year over year and 7% sequentially; GAAP gross margin of 45%, up 1100bps year...
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Planview Again Named by Gartner® as a Leader in Strategic Portfolio Management
AUSTIN, Texas--(BUSINESS WIRE)--Planview, the leading end-to-end platform for Strategic Portfolio Management (SPM) and Digital Product Development (DPD), today announced that it was named a Leader in the 2025 Gartner® Magic Quadrant™ for Strategic Portfolio Management (SPM)1. This is the fourth consecutive year that the company has been recognized, receiving the highest and furthest position in both Completeness of Vision and Ability to Execute indices. "In today’s rapidly evolving technology e...