Technavio: Emerging Trends, Drivers And Challenges In The Lithium-ion Battery Management Systems For Vehicles Market 2019-2023
The global lithium-ion battery management systems for vehicles market size is poised to grow by $2.9 billion during 2019-2023, according to a new report by Technavio.
Spireon Wins 2019 IoT Vehicle Telematics Company Of The Year
Selected by a judging panel of more than 40 industry-leading journalists, editors and analysts covering technology, the internet of things (IoT), mobile devices and software, Spireon was recognized for its persistent innovation in aftermarket telematics services.
Wm. Craig Bonham To Serve as 55th NTEA Board Chairman
Bonham accepted this position from immediate past Board chairman Todd Davis, vice president of Phenix Truck Bodies & Van Equipment in Pomona, California, at the President’s Breakfast & NTEA Annual Meeting held in conjunction with The Work Truck Show 2019.
Penfund Announces $150 Million Investment In Caliber Collision Centers
The proceeds of this facility, together with the proceeds of a $1.85 billion first lien term loan and $300 million revolving credit facility, have been used to finance Caliber’s merger with ABRA Auto Body Repair of America.
General Motors Honored As Top Manufacturer In Automotive Loyalty Awards Presented By IHS Markit
The 23rd annual Automotive Loyalty Awards recognize auto manufacturers and brands for leadership in loyalty.
Sears Holdings Files For Voluntary Chapter 11; Initiates Processes To Facilitate Financial Restructuring
The company has announced its intent to reorganize around a smaller store platform, and is evaluating the potential sale of stores, and additional store closures.
Busche Performance Group Raises $150M To Complete Capital Structure, Fuel Growth And Innovation
Along with a substantial equity infusion from its shareholder group, BPG says it has now completed its planned capital structure.
Saleen Automotive Unveils 35th Anniversary Edition Saleen Mustang
There are only 10 Limited Editions produced and the prototype for SA 35 was unveiled at the company’s open house on Sept. 15 at Saleen headquarters in Southern California.
Methode Announces Definitive Agreement To Acquire Grakon
The acquisition will diversify Methode’s business, expanding into the commercial vehicles market, and will expand lighting and electric vehicle offerings.
Adient Announces Leadership Transition Plan
Adient’s board of directors has appointed Frederick Henderson as interim CEO and John Barth, Adient’s current lead director, as interim chairman of the company’s board.
