Automotive News

PORTLAND, Maine--(BUSINESS WIRE)--WEX® (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today introduced WEX Fleet card now with EV payment capabilities, giving fleet customers a single way to pay for both traditional fuel and public electric vehicle (EV) charging. WEX is the first fuel card provider to incorporate fueling and EV charging into one card, one account, and one invoice across its proprietary closed-loop fuel network. The new offering all...

DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company today named Lisa Drake president, Ford Energy, effective immediately. She will report to John Lawler, vice chair. Drake will launch the company’s battery energy storage systems (BESS) business, the formation of which was announced in December 2025. In this new role, Drake is responsible for the full scope of Ford Energy’s end-to-end operations, spanning battery cell manufacturing, system assembly, and sales. She will be focused on building th...

NÜRTINGEN, Germany--(BUSINESS WIRE)--ADS-TEC Energy PLC (NASDAQ: ADSE) has successfully gone live with a new SAP cloud-based IT platform to support its continued business growth and to support scaling internationally. By unifying processes and providing fast access to data, the new solution enhances operational performance, management control and strengthens the overall stability of the business. ADS-TEC Energy is pursuing a clear growth strategy with an increasing international focus. To suppo...

WESTMINSTER, Colo.--(BUSINESS WIRE)--KPA today announced the separation of its Flex and Risk Management Center (RMC) software businesses into an independent entity named Novara. Establishing Novara as a standalone company reflects the evolution of KPA’s business over time, as its automotive and non-automotive software offerings grew to serve different industries with distinct operational, regulatory, and safety needs. Novara will focus on AI-embedded safety and operational risk management softw...

AUSTIN, Texas--(BUSINESS WIRE)--CDK will showcase a new technology platform featuring AI-driven solutions and powered by automotive retail’s largest dataset at NADA Show 2026....

BURLINGTON, Vt.--(BUSINESS WIRE)--Fluency, the digital advertising operating system for automating paid media operations at scale across all major channels, announced that digital ad agencies and brands will be able to deploy, manage and optimize TikTok Automotive Ads, the platform’s new automotive ad category, directly from its centralized platform. By bringing TikTok into its Operating System, Fluency enables automotive agencies to automate campaign execution alongside other major search and...

CHICAGO--(BUSINESS WIRE)--Aeris, a global leader in cellular management platforms, security services and connected vehicle programs, today announced a significant turning point: it has surpassed 100 million connected devices worldwide. This landmark achievement is a result of nearly 90 percent growth in additional device connections since the 2023 acquisition of the Ericsson IoT Accelerator Platform. Surpassing the 100 million threshold, Aeris continues to outpace market growth. According to a...

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today announced the appointment of Scott Ray as chief operating officer for U.S. and Canada Surface Operations, effective June 1. He will begin transitioning into the role as COO-elect on Feb. 1. Reporting to FedEx President and CEO Raj Subramaniam, Ray will be the newest member of the FedEx Executive Committee, succeeding John Smith, who will transition to CEO of FedEx Freight as of June 1. Ray will be responsible for leading all aspects...

ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world’s leading brands, today announced the launch of F&I On Demand™, a virtual staffing solution designed to help auto dealerships address personnel shortages in finance and insurance (F&I) departments. As dealerships manage hiring, training, and staffing challenges, F&I On Demand is a patent-pending...

BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR reported very good annual revenues and net income in 2025,” said Preston Feight, chief executive officer. “PACCAR Parts and PACCAR Financial Services delivered record revenue and strong profits. Kenworth, Peterbilt and DAF’s premium quality trucks contributed to the very good results. I am very proud of our employees and dealers who delivered outstanding trucks and transportation solutions to our customers.” PACCAR achieved quarterly revenues of $6.82 b...