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Recent Activities

Activities between Nov. 16, 2024, 12:49 a.m. and Nov. 23, 2024, 12:49 a.m. from: Automotive Drive Shaft Market Sector.

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Hudson Acquisition I Corp. Announces Signing of Definitive Business Combination Agreement With Aiways Europe, an Electrical Vehicle Company Focused on the Development, Sales and Consumer Solutions Supporting Bevs in the European Market

Document Date: Nov. 22, 2024, 1:45 p.m. / Source: GlobeNewswire
Activity Class: CorporateFinanceActivity / Type: Acquisition / Region: Europe
Buyer: Protagonist: Document Extract: New York, NY and Munich, Germany, Nov. 22, 2024 (GLOBE NEWSWIRE) - Hudson Acquisition I Corp. (the "Company" or "HUDA") (Nasdaq: HUDA) , and Aiways Automobile Europe GmbH ("Aiways Europe") announced today that they have entered into a definitive Business Combination Agreement (the "Business Combination Agreement") , pursuant to which, upon the consummation of the transactions contemplated thereby (the "Business Combination") , EUROEV Holdings Limited, a newly formed British Virgin Islands holding company ("EuroEV") , will acquire the outstanding shares of each of HUDA and Aiways Europe in exchange for newly issued shares of EuroEV, and become listed on the Nasdaq Stock Market.
Document Source: https://www.globenewswire.com/news-release/2024/11/22/2985986/0/en/Hudson-Acquisition-I-Corp-Announces-Signing-of-Definitive-Business-Combination-Agreement-With-Aiways-Europe-an-Electrical-Vehicle-Company-Focused-on-the-Development-Sales-and-Consu.html (archive.org page / archive.org listing)


Hudson Acquisition I Corp. Announces Signing of Definitive Business Combination Agreement With Aiways Europe, an Electrical Vehicle Company Focused on the Development, Sales and Consumer Solutions Supporting Bevs in the European Market

Document Date: Nov. 22, 2024, 1:45 p.m. / Source: GlobeNewswire
Activity Class: CorporateFinanceActivity / Type: Merger / Region: Europe
Protagonist: Document Extract: Hudson Acquisition I Corp. Announces Signing of Definitive Business Combination Agreement With Aiways Europe, an Electrical Vehicle Company Focused on the Development, Sales and Consumer Solutions Supporting Bevs in the European Market.
Document Source: https://www.globenewswire.com/news-release/2024/11/22/2985986/0/en/Hudson-Acquisition-I-Corp-Announces-Signing-of-Definitive-Business-Combination-Agreement-With-Aiways-Europe-an-Electrical-Vehicle-Company-Focused-on-the-Development-Sales-and-Consu.html (archive.org page / archive.org listing)


Performance Brokerage Services Advises on the Sale of Vann Chrysler Dodge Jeep Ram in Vineland, New Jersey to Cumberland County Auto Group

Document Date: Nov. 20, 2024, 5 a.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity / Type: Acquisition / Region: Bailiwick of Jersey
Vendor: Buyer: Participant: Target: Document Extract: Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of Vann Chrysler Dodge Jeep Ram in Vineland, New Jersey from George Vanderheyden to Cumberland County Auto Group.
Document Source: https://www.prnewswire.com/news-releases/performance-brokerage-services-advises-on-the-sale-of-vann-chrysler-dodge-jeep-ram-in-vineland-new-jersey-to-cumberland-county-auto-group-302310699.html (archive.org page / archive.org listing)


Ampure Named Official EV Charging Partner of the 2024 LA Auto Show

Document Date: Nov. 19, 2024, 2:06 p.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity
Partnership: Document Extract: The campaign is founded on Ampure's commitment to drivers' freedom and flexibility to embark on adventures without range anxiety - plug in, unplug, and go. On the LA Auto Show track, visitors will experience the excitement of test-driving the latest electric vehicles all powered by Ampure's line of EV chargers. Electric Avenue's nearly one-mile EV test track spans the entirety of South Hall at the LA Convention Center. Ampure has developed EV and PHEV charging technology for Ford, Kia, Mercedes, Audi, Toyota, and Honda and is compatible with a wide range of other automotive manufacturers. " Ampure is excited to partner with the LA Auto Show to power their Electric Avenue vehicle experience.
Document Source: https://www.globenewswire.com/news-release/2024/11/19/2983726/0/en/Ampure-Named-Official-EV-Charging-Partner-of-the-2024-LA-Auto-Show.html (archive.org page / archive.org listing)


ECARX Signs Components Procurement and R&D Services Agreement with Geely Auto

Document Date: Nov. 18, 2024, 9:30 p.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity / Region: People’s Republic of China
Partnership: Document Extract: SHANGHAI, Nov. 18, 2024 (GLOBE NEWSWIRE) - ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX") , a global mobility tech provider, today announced that, on November 14, 2024, it entered into a components procurement and R & D services agreement with Geely Automobile Holdings Limited (HKEX: 0175) ("Geely Auto") , Zhejiang HUANFU and Hangzhou Langge (the "Components Procurement and R & D Services Agreement") , pursuant to which Geely Auto agrees to, subject to certain conditions set forth therein, purchase automobile components and R & D services from the Company, Zhejiang HUANFU Technology Co., Ltd. and Hangzhou Langge Technology Co., Ltd. (collectively, the "Supplier Group") to further enhance the driving technology system for new energy vehicles of Geely Auto. The agreement has a term of three years and ends on December 31, 2027. The aggregated annual caps covered by the Components Procurement and R & D Services Agreement - totaling RMB6,387.281 million, RMB6,430.855 million and RMB6,489.889 million for the Supplier Group for 2025, 2026 and 2027, respectively - will be exempt from the requirement of the approvals of independent shareholders of Geely Auto pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") ; and the parties are not restrained from transacting beyond the exempt amounts under this agreement as long as Geely Auto has complied with the requirements under the Listing Rules. The rights and obligations of the parties to the agreement are subject to the fulfilment (or waiver, as applicable) of various conditions precedent. The Company will continue to be a stable and reliable source of automobile components and R & D support for the manufacturing of new energy vehicles for brands within Geely Auto, such as ZEEKR and LYNK & CO, under the Components Procurement and R & D Services Agreement.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2983161/0/en/ECARX-Signs-Components-Procurement-and-R-D-Services-Agreement-with-Geely-Auto.html (archive.org page / archive.org listing)


ECARX Signs Components Procurement and R&D Services Agreement with Geely Auto

Document Date: Nov. 18, 2024, 9:30 p.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity / Region: People’s Republic of China
Partnership: Document Extract: ECARX Signs Components Procurement and R & D Services Agreement with Geely Auto. SHANGHAI, Nov. 18, 2024 (GLOBE NEWSWIRE) - ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX") , a global mobility tech provider, today announced that, on November 14, 2024, it entered into a components procurement and R & D services agreement with Geely Automobile Holdings Limited (HKEX: 0175) ("Geely Auto") , Zhejiang HUANFU and Hangzhou Langge (the "Components Procurement and R & D Services Agreement") , pursuant to which Geely Auto agrees to, subject to certain conditions set forth therein, purchase automobile components and R & D services from the Company, Zhejiang HUANFU Technology Co., Ltd. and Hangzhou Langge Technology Co., Ltd. (collectively, the "Supplier Group") to further enhance the driving technology system for new energy vehicles of Geely Auto. The agreement has a term of three years and ends on December 31, 2027. The aggregated annual caps covered by the Components Procurement and R & D Services Agreement - totaling RMB6,387.281 million, RMB6,430.855 million and RMB6,489.889 million for the Supplier Group for 2025, 2026 and 2027, respectively - will be exempt from the requirement of the approvals of independent shareholders of Geely Auto pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") ; and the parties are not restrained from transacting beyond the exempt amounts under this agreement as long as Geely Auto has complied with the requirements under the Listing Rules. The rights and obligations of the parties to the agreement are subject to the fulfilment (or waiver, as applicable) of various conditions precedent.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2983161/0/en/ECARX-Signs-Components-Procurement-and-R-D-Services-Agreement-with-Geely-Auto.html (archive.org page / archive.org listing)


CUPRA in preliminary talks with Penske Automotive Group ahead of entering the US market by 2030

Document Date: Nov. 21, 2024, 10:38 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership: Document Extract: With this goal in mind, CUPRA is in early stage talks with Penske Automotive Group. " CUPRA's ambition is to be a truly global brand and expanding into the United States represents one of the greatest milestones on our journey ," said Wayne Griffiths, CEO of CUPRA. " We have great respect for the U.S. market, recognizing that a strong distribution and retail strategy is essential for success. By entering into preliminary discussions with Penske Automotive Group, we are exploring opportunities with the best possible partner, one with the right distribution network to introduce CUPRA to a new generation of American car lovers. Penske Automotive Group's leadership in the industry and experience with the Volkswagen Group make this a very promising potential partnership" continued Wayne Griffiths.
Document Source: https://www.businesswire.com/news/home/20241120532152/en/CUPRA-in-preliminary-talks-with-Penske-Automotive-Group-ahead-of-entering-the-US-market-by-2030 (archive.org page / archive.org listing)


CUPRA in preliminary talks with Penske Automotive Group ahead of entering the US market by 2030

Document Date: Nov. 21, 2024, 10:38 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership: Document Extract: With this goal in mind, CUPRA is in early stage talks with Penske Automotive Group. " CUPRA's ambition is to be a truly global brand and expanding into the United States represents one of the greatest milestones on our journey ," said Wayne Griffiths, CEO of CUPRA. " We have great respect for the U.S. market, recognizing that a strong distribution and retail strategy is essential for success. By entering into preliminary discussions with Penske Automotive Group, we are exploring opportunities with the best possible partner, one with the right distribution network to introduce CUPRA to a new generation of American car lovers. Penske Automotive Group's leadership in the industry and experience with the Volkswagen Group make this a very promising potential partnership" continued Wayne Griffiths.
Document Source: https://www.businesswire.com/news/home/20241120532152/en/CUPRA-in-preliminary-talks-with-Penske-Automotive-Group-ahead-of-entering-the-US-market-by-2030 (archive.org page / archive.org listing)


Segway-Ninebot Concludes License Agreement with BMW Group with the Aim of Developing a New Safety E-Scooter

Document Date: Nov. 20, 2024, 5:52 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: Segway-Ninebot Concludes License Agreement with BMW Group with the Aim of Developing a New Safety E-Scooter. CHANGZHOU, China, Nov. 20, 2024 /PRNewswire/ - Nine Tech Co., Ltd. has signed a license agreement with the BMW Group, under which Nine Tech's electric two-wheeler business unit receives the rights to use certain patents on safety technology developed by the BMW Group for two-wheelers. Nine Tech is a subsidiary of Segway-Ninebot, a leading provider of innovative mobility solutions with product portfolio covering electric kick-scooters, electric two-wheeler, all-terrain-vehicles (ATV) , self-balancing vehicles, robotics, and other mobility and lifestyle products under the brands of Ninebot and Segway. Based on this license, Nine Tech Co., Ltd. plans to develop and produce its own innovative electric two-wheelers with special safety features. With this product, Nine Tech Co., Ltd. is opening up a new product segment with high global market potential.
Document Source: https://www.prnewswire.com/news-releases/segway-ninebot-concludes-license-agreement-with-bmw-group-with-the-aim-of-developing-a-new-safety-e-scooter-302311895.html (archive.org page / archive.org listing)


Segway-Ninebot Concludes License Agreement with BMW Group with the Aim of Developing a New Safety E-Scooter

Document Date: Nov. 20, 2024, 5:52 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: Changzhou
Partnership: Document Extract: Segway-Ninebot Concludes License Agreement with BMW Group with the Aim of Developing a New Safety E-Scooter. CHANGZHOU, China, Nov. 20, 2024 /PRNewswire/ - Nine Tech Co., Ltd. has signed a license agreement with the BMW Group, under which Nine Tech's electric two-wheeler business unit receives the rights to use certain patents on safety technology developed by the BMW Group for two-wheelers. Nine Tech is a subsidiary of Segway-Ninebot, a leading provider of innovative mobility solutions with product portfolio covering electric kick-scooters, electric two-wheeler, all-terrain-vehicles (ATV) , self-balancing vehicles, robotics, and other mobility and lifestyle products under the brands of Ninebot and Segway. Based on this license, Nine Tech Co., Ltd. plans to develop and produce its own innovative electric two-wheelers with special safety features. With this product, Nine Tech Co., Ltd. is opening up a new product segment with high global market potential.
Document Source: https://www.prnewswire.com/news-releases/segway-ninebot-concludes-license-agreement-with-bmw-group-with-the-aim-of-developing-a-new-safety-e-scooter-302311895.html (archive.org page / archive.org listing)


Segway-Ninebot Concludes License Agreement with BMW Group with the Aim of Developing a New Safety E-Scooter

Document Date: Nov. 20, 2024, 5:39 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: Segway-Ninebot Concludes License Agreement with BMW Group with the Aim of Developing a New Safety E-Scooter. CHANGZHOU, China, Nov. 20, 2024 /PRNewswire/ - Nine Tech Co., Ltd. has signed a license agreement with the BMW Group, under which Nine Tech's electric two-wheeler business unit receives the rights to use certain patents on safety technology developed by the BMW Group for two-wheelers. Nine Tech is a subsidiary of Segway-Ninebot, a leading provider of innovative mobility solutions with product portfolio covering electric kick-scooters, electric two-wheeler, all-terrain-vehicles (ATV) , self-balancing vehicles, robotics, and other mobility and lifestyle products under the brands of Ninebot and Segway. Based on this license, Nine Tech Co., Ltd. plans to develop and produce its own innovative electric two-wheelers with special safety features. With this product, Nine Tech Co., Ltd. is opening up a new product segment with high global market potential.
Document Source: https://www.prnewswire.com/news-releases/segway-ninebot-concludes-license-agreement-with-bmw-group-with-the-aim-of-developing-a-new-safety-e-scooter-302311875.html (archive.org page / archive.org listing)


Segway-Ninebot Concludes License Agreement with BMW Group with the Aim of Developing a New Safety E-Scooter

Document Date: Nov. 20, 2024, 5:39 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: Changzhou
Partnership: Document Extract: Segway-Ninebot Concludes License Agreement with BMW Group with the Aim of Developing a New Safety E-Scooter. CHANGZHOU, China, Nov. 20, 2024 /PRNewswire/ - Nine Tech Co., Ltd. has signed a license agreement with the BMW Group, under which Nine Tech's electric two-wheeler business unit receives the rights to use certain patents on safety technology developed by the BMW Group for two-wheelers. Nine Tech is a subsidiary of Segway-Ninebot, a leading provider of innovative mobility solutions with product portfolio covering electric kick-scooters, electric two-wheeler, all-terrain-vehicles (ATV) , self-balancing vehicles, robotics, and other mobility and lifestyle products under the brands of Ninebot and Segway. Based on this license, Nine Tech Co., Ltd. plans to develop and produce its own innovative electric two-wheelers with special safety features. With this product, Nine Tech Co., Ltd. is opening up a new product segment with high global market potential.
Document Source: https://www.prnewswire.com/news-releases/segway-ninebot-concludes-license-agreement-with-bmw-group-with-the-aim-of-developing-a-new-safety-e-scooter-302311875.html (archive.org page / archive.org listing)


IAA Announces New Market Alliance in Oman

Document Date: Nov. 21, 2024, 1:45 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership: Document Extract: This strategic alliance reaffirms IAA's commitment to expanding its global buyer base by providing local services and assistance in new markets. " We are excited to expand our international customer base with IAA's new Market Alliance in the Middle East ," said Scott Guenther, Senior Vice President, North America Operations at IAA. " North America Trading has an excellent reputation and team located in Oman who will help IAA connect with a base of new buyers. Through market alliances, IAA continues to seek new opportunities to drive international growth and demonstrate strong price performance ." " We look forward to helping IAA streamline the process of buying and importing vehicles for customers in Oman ," said Kastytis Latvys, President and Owner of Atlantic Express Corporation, parent company of North America Trading L.L.C. ``
Document Source: https://www.businesswire.com/news/home/20241121313101/en/IAA-Announces-New-Market-Alliance-in-Oman (archive.org page / archive.org listing)


IAA Announces New Market Alliance in Oman

Document Date: Nov. 21, 2024, 1:45 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership: Document Extract: in the country of Oman. Through this agreement, IAA will open auction centers in three cities strategically located throughout Oman by the end of 2025. This strategic alliance reaffirms IAA's commitment to expanding its global buyer base by providing local services and assistance in new markets. " We are excited to expand our international customer base with IAA's new Market Alliance in the Middle East ," said Scott Guenther, Senior Vice President, North America Operations at IAA. " North America Trading has an excellent reputation and team located in Oman who will help IAA connect with a base of new buyers.
Document Source: https://www.businesswire.com/news/home/20241121313101/en/IAA-Announces-New-Market-Alliance-in-Oman (archive.org page / archive.org listing)


IAA Announces New Market Alliance in Oman

Document Date: Nov. 21, 2024, 1:45 p.m. / Source: Business Wire
Activity Class: PartnershipActivity
Partnership: Document Extract: Through market alliances, IAA continues to seek new opportunities to drive international growth and demonstrate strong price performance ." " We look forward to helping IAA streamline the process of buying and importing vehicles for customers in Oman ," said Kastytis Latvys, President and Owner of Atlantic Express Corporation, parent company of North America Trading L.L.C. " In collaboration with IAA's technology, our team will support local customers in purchasing vehicles tailored to their unique needs and preferences ." About RB Global. RB Global, Inc. (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide.
Document Source: https://www.businesswire.com/news/home/20241121313101/en/IAA-Announces-New-Market-Alliance-in-Oman (archive.org page / archive.org listing)


VW taps former Rivian exec to run US business

Document Date: Nov. 19, 2024, 9:09 p.m. / Source: TechCrunch
Activity Class: RoleActivity / Type: Starting / Region: United States
Role: Person: Organization: Document Extract: Volkswagen of America has a new CEO: Rivian's recently departed chief commercial officer Kjell Gruner.
Document Source: https://techcrunch.com/2024/11/19/vw-taps-former-rivian-exec-to-run-us-business/ (archive.org page / archive.org listing)


VW taps former Rivian exec to run US business

Document Date: Nov. 19, 2024, 9:09 p.m. / Source: TechCrunch
Activity Class: RoleActivity / Type: Finishing
Role: Person: Organization: Document Extract: Volkswagen of America has a new CEO: Rivian's recently departed chief commercial officer Kjell Gruner.
Document Source: https://techcrunch.com/2024/11/19/vw-taps-former-rivian-exec-to-run-us-business/ (archive.org page / archive.org listing)


Cox Automotive Announces the Departure of Dale Pollak, Founder of vAuto, at the End of 2025

Document Date: Nov. 21, 2024, 6 p.m. / Source: PR Newswire
Activity Class: RoleActivity / Type: Finishing
Role: Person: Organization: Document Extract: Cox Automotive Announces the Departure of Dale Pollak, Founder of vAuto, at the End of 2025.
Document Source: https://www.prnewswire.com/news-releases/cox-automotive-announces-the-departure-of-dale-pollak-founder-of-vauto-at-the-end-of-2025-302313392.html (archive.org page / archive.org listing)


Cox Automotive Announces the Departure of Dale Pollak, Founder of vAuto, at the End of 2025

Document Date: Nov. 21, 2024, 6 p.m. / Source: PR Newswire
Activity Class: RoleActivity / Type: Finishing / Region: Atlanta
Role: Person: Organization: Document Extract: ATLANTA, Nov. 21, 2024 /PRNewswire/ - Cox Automotive announced today that Dale Pollak, executive vice president and the founder of vAuto, will leave the company at the end of 2025.
Document Source: https://www.prnewswire.com/news-releases/cox-automotive-announces-the-departure-of-dale-pollak-founder-of-vauto-at-the-end-of-2025-302313392.html (archive.org page / archive.org listing)


LG TAPS LOCAL LEADERS FOR CRITICAL ROLES IN WEST VIRGINIA

Document Date: Nov. 19, 2024, 2 p.m. / Source: PR Newswire
Activity Class: RoleActivity / Type: Starting / Region: Morgantown
Role: Person: Organization: Document Extract: LG Electronics has also hired innovation expert David Ramsburg as director of regional operations and strategic partnerships for LG NOVA's Morgantown office.
Document Source: https://www.prnewswire.com/news-releases/lg-taps-local-leaders-for-critical-roles-in-west-virginia-302309440.html (archive.org page / archive.org listing)


Asbury Automotive Group Elects New Director to Its Board

Document Date: Nov. 19, 2024, 9:45 p.m. / Source: Business Wire
Activity Class: RoleActivity / Type: Starting / Region: United States
Role: Person: Organization: Document Extract: Asbury Automotive Group, Inc. (NYSE: ABG) ("Asbury" or the "Company") , one of the largest automotive retail and service companies in the U.S., announced today the appointment of Shamla Naidoo to its Board of Directors effective January 1, 2025.
Document Source: https://www.businesswire.com/news/home/20241119366951/en/Asbury-Automotive-Group-Elects-New-Director-to-Its-Board (archive.org page / archive.org listing)

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