Automotive News

TOYOTA, Japan--(BUSINESS WIRE)--SkyDrive Inc. (“SkyDrive”), a leading compact eVTOL (*1) aircraft manufacturer based in Japan, announces the conclusion of a memorandum of understanding (MoU) with Japan Biz Aviation Co., Ltd. (JBZ), a major Japanese charter aircraft operator currently providing charter services for aircraft including the HondaJet and Bell helicopters. Background to our partnership, future plans SkyDrive currently holds a cumulative total of 427 aircraft orders from partners in J...

PITTSBURGH--(BUSINESS WIRE)--Liberty Tire Recycling, the leading tire recycler in North America, announced that CEO Thomas Womble has been named a winner of the EY Entrepreneur Of The Year. Thomas Womble, Chief Executive Officer of Liberty Tire Recycling, has been named a recipient of the prestigious EY Entrepreneur Of The Year Award. The honor celebrates entrepreneurs who are building and leading companies with vision, growth, and lasting impact. Presented by Ernst & Young LLP (EY US), the...

DELRAY BEACH, Fla.--(BUSINESS WIRE)--The Ed Morse Automotive Group announced today it has acquired Mercedes-Benz of Billings located at 3045 King Avenue West in Billings, Montana from DMN Auto Holdings. The seller was represented by Mike McMeeken from the Tim Lamb Group. This luxury dealership will be the first in Montana for the Ed Morse Automotive Group and will increase the company’s total to 61 dealerships across the country and team member total to over 2,800.“Montana is one of the great st...

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Announces Reporting Date and Conference Call for 2026 Second Quarter Results...

DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today announced that Jane Pocock has been promoted to President of Copart, effective August 1, 2026. Ms. Pocock joined Copart in January 2019 as Managing Director of Copart UK and has led one of the Company’s key international businesses through a period of significant growth and expansion. Under her leadership, Copart UK and Ireland has strengthened its operational footprint, expanded capacity, and delivered exceptional customer journeys for...

ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) reported retail sales of 84,500 vehicles in the second quarter of 2026, comprised of 75,000 passenger cars and 9,500 vans. Strong demand for SUVs remained a key driver of Q2 sales performance, with the Alabama-built GLE reporting nearly 30% year-over-year growth and the Mercedes-Maybach GLS, Mercedes-AMG SUVs, the GLC and the GLB also each posting strong year-over-year gains. Together, these models supported performance across Entry, Core and...

MENDON, Utah--(BUSINESS WIRE)--Autonomous Solutions, Inc. (ASI), the worldwide leader of industrial vehicle automation and creator of Mobius®, the platform that defined Industrial Autonomous Fleet Orchestration (IAFO), for the second straight year has been Certified™ by Great Place To Work®. This prestigious award is based entirely on the feedback from current employees about their experience working at ASI. This year, 76% of ASI employees said it’s a great place to work. That’s 19% higher comp...

DETROIT--(BUSINESS WIRE)--Huron Capital Partners (“Huron Capital”), a leading middle market private equity firm, is pleased to announce the sale of Horsepower Automotive Group (“HPAG” or the “Company”), a diversified aftermarket automotive platform, to River Associates Investments (“River Associates”).Huron initially launched the platform in 2015 through its acquisition of Drake Automotive, a provider of vintage Mustang enthusiast parts. Through a focused buy-and-build strategy, Huron completed...

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 81% of Karooooo Logistics, announced that the Company will release its First Quarter 2027 Financial Results on Wednesday, July 15, 2026 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Thursday, July 16, 2026 at 08:00 a.m. Eastern Time (02:00 p.m. South African time; 08:00 p.m. Singaporean time). Investors, analysts and m...

BOSTON--(BUSINESS WIRE)--Venti Technologies, a leader in autonomous vehicle (AV) logistics for industrial yards and logistics hubs, today announced it has been selected by a top North American intermodal railroad to bring AI-powered AV solutions to terminals across the U.S. in a bold strategy to reduce costs and improve safety. This will mark the first full-production use of autonomous container trucks in a large U.S. intermodal facility. Under a long-term collaboration, the Class 1 railroad wi...