Automotive News

PLEASANTON, Calif. & DAEJEON, South Korea--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in software-defined, high-performance lidar solutions, and MoveAWheeL, a developer of acoustic-based Physical AI road-surface sensing, today announced a Memorandum of Understanding (MOU) to explore the integration of AEye’s Apollo™ long-range lidar sensor with MoveAWheeL’s tactile intelligence technology for next-generation automotive safety and autonomous driving applications. The collaborati...

LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, announced today that the company will be participating in two investor conferences in June 2026. Baird 2026 Global Consumer, Technology & Services Conference - Fireside Chat Date: Tuesday, June 2, 2026 Time: 4:20 p.m. Eastern Time TD Cowen 10th Annual Future of the Consumer Conference - Fireside Chat Date: Wednesday June 3, 2026 Time: 3:30 p.m. Eastern Time A li...

DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company today announced that Lisa Materazzo, global chief marketing officer, has elected to depart the company, effective June 1. Dean Stoneley, global product marketing executive director, is appointed interim CMO. Since joining Ford in 2023, Materazzo has been a key architect in modernizing Ford’s global marketing function, notably spearheading the launch of the company’s new global brand strategy under the "Ready, Set, Ford" banner. “We appreciate...

POWAY, Calif.--(BUSINESS WIRE)--MN8 Energy has brought its 100MW/400MWh Pome battery storage project online in Poway, CA, fully contracted to Sonoma Clean Power....

MISSISSAUGA, Ontario--(BUSINESS WIRE)--As cargo theft, equipment damage, and operational inefficiencies continue to impact the trucking and transportation industries, Eagle Vision Security has announced the launch of Intelligent Damage Reporting (iDR)™, an advanced AI-powered inspection solution designed to help fleet operators proactively identify vehicle damage, document incidents in real time, and improve visibility across truck yards, logistics terminals, and transportation facilities throu...

COCOA, Fla.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Jackson Automotive Group (“Jackson”) on the sale of Jackson Kia in Cocoa, Fla., and its related real estate, to Jenkins Auto Group (“Jenkins”). The transaction closed May 18. The sale represents a strategic divestiture by Jackson Automotive Group whi...

NEWTOWN SQUARE, PA--(BUSINESS WIRE)--Pouch Insurance, the admitted commercial auto managing general agent built for 1099 workers and gig economy operators, today announced a strategic partnership with OCTO, the global leader in telematics and data analytics for connected insurance. The partnership integrates OCTO's AI-powered telematics platform into Pouch's commercial auto programs, delivering the flexible, intelligent data infrastructure that makes per-mile pricing not just possible — but pre...

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Nuro, Inc. (“Nuro”), a leader in autonomous driving technology, today announced the appointment of Mike Mancini as Chief Financial Officer. Mancini joins Nuro at a key moment as the company prepares for the expected launch of its robotaxi service with Uber and Lucid in the San Francisco Bay Area later this year. Mancini brings deep financial and operating experience across high-growth hard-tech companies. He has served as Chief Financial Officer at Energy...

CHICAGO--(BUSINESS WIRE)--New case study analyzes how Tier-1 automotive supplier advances AI adoption by unifying 4 decades of data across engineering, procurement & quality...

WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab today unveiled the 2026 Charles Schwab Challenge Champion’s Prize: a fully restored 1982 Schwab Scrambler. As one of the most unique trophies on the PGA TOUR, this iconic vehicle will be awarded to the winner of the PGA TOUR event held at the Colonial Country Club from May 27 – 31, 2026, in Fort Worth, Texas. The 1982 Scrambler celebrates a pivotal milestone for investors as the year Schwab introduced the 24/7 order entry and quote service to the...