Automotive News

Browse all automotive and automobile-related news stories. Learn more about car and motorcycle manufacturers, trends in electric vehicles and alternative fuels, autonomous driving, and speciality vehicles.

May 20, 2025 at 6:00 AM

The Indoor Lab Partners with MARTAC Tactical Systems to Deliver Next-Generation Border Surveillance Solution for the U.S. Government

SAN JUAN CAPISTRANO, Calif. & MELBOURNE, Fla.--(BUSINESS WIRE)--The Indoor Lab, a leader in LiDAR-based perception and real-time operational intelligence, today announced a strategic partnership with MARTAC Tactical Systems, the premier developer of Unmanned Surface Vehicles. Together, the companies will deliver a next-generation surveillance solution designed to enhance the U.S. government's ability to proactively protect and secure its borders. The new system leverages the “Best of” capabilit...
May 20, 2025 at 6:00 AM

Monroe Capital Announces $250 Million Forward Flow Purchase of Consumer Recreational Vehicle and Marine Loans from Source One Financial Services, LLC

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Source One Financial Services, LLC (“Source One”) to originate and purchase consumer recreational vehicle (“RV”) and marine loans. The initial pool is expected to be $250 million. Monroe has secured a revolving credit facility with Canadian Imperial Bank of Commerce to finance such origination and purchase. The capital provided by the Monroe partnership...
May 20, 2025 at 1:00 AM

Samsara Announces Upgrade Program to Provide Operations Leaders with Absolute Confidence Amid Economic Uncertainty

LONDON--(BUSINESS WIRE)--In response to today’s high demand for resilience in the world of physical operations, Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, announced its new Upgrade for Smarter Operations programme across the UK and Ireland, France, Germany, Austria, Switzerland, Netherlands, Belgium and Luxembourg markets. The programme is designed to make it easy for organisations that rely on systems with inadequate capabilities and customer suppo...
May 19, 2025 at 11:39 PM

Faraday Future Engages Leading Financial Advisor to Help Advance Global AI and AIEV M&A Strategy; Announces Participation in Emerging Growth Conference

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its Chinese affiliate, FF Automotive (China) Co., Ltd. (“FF China”), has engaged a leading financial advisory firm to explore potential merger and acquisition (M&A) and capital markets opportunities in China. This follows FF’s previously announced Global AI and AIEV...
May 19, 2025 at 10:00 PM

Toshiba Releases 650V 3rd Generation SiC MOSFETs in DFN8x8 Package

KAWASAKI, Japan--(BUSINESS WIRE)--Toshiba releases 650V 3rd generation SiC MOSFETs in DFN8x8 package. Four new devices boost efficiency and power density of industrial equipment....
May 19, 2025 at 8:40 PM

Hagens Berman: Law Firm Behind Many of the Largest Auto Class Actions Sues GM for Engine Failure Defect in Over 800,000 SUVs and Pickup Trucks

DETROIT--(BUSINESS WIRE)--A class-action lawsuit aimed at General Motors accuses it of bungling one of the largest engine recalls in GM's history, according to Hagens Berman....
May 19, 2025 at 4:06 PM

AirgainConnect® AC-Fleet™ Obtains FirstNet® Trusted™ Certification

SAN DIEGO--(BUSINESS WIRE)--Airgain’s AC-Fleet™ is now FirstNet Trusted™, certified for use on FirstNet® built with AT&T to support mission-critical public safety communications....
May 19, 2025 at 11:06 AM

Duality AI Partners with CoVar on DARPA Program to Define Ethical Standards for Future Military Autonomous Systems

SAN MATEO, Calif.--(BUSINESS WIRE)--Duality AI, the company behind Falcon, a leading digital twin simulation platform, today announced its partnership with CoVar to support the Defense Advanced Research Projects Agency’s (DARPA) Autonomy Standards and Ideals with Military Operational Values (ASIMOV) program. The timely goal of ASIMOV is to establish a common framework to evaluate the ethical alignment of future autonomous systems with established U.S. military operational values, including mili...
May 19, 2025 at 10:47 AM

Electric Vehicle Charging System Connectivity Market Analysis, Competitive Landscape and Forecasts 2025-2035 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Electric Vehicle Charging System Connectivity Market - A Global and Regional Analysis: Focus on Application, Product, Vendors, and Country Level Analysis - Analysis and Forecast, 2025-2035" report has been added to ResearchAndMarkets.com's offering. The Global Electric Vehicle (EV) Charging System Connectivity Market is growing rapidly due to increasing EV adoption, expansion of charging infrastructure, and advancements in smart grid integration. Connected charging...
May 19, 2025 at 9:05 AM

Topless Jeepers Drive Change, Raising Over $1 Million for Charity

PAOLI, Pa.--(BUSINESS WIRE)--Barricade, a leader in off-road Jeep Wrangler products, is thrilled to announce that the 18th Annual Barricade Go Topless Day® shattered records, with Jeep enthusiasts from all 50 states and 7 countries coming together to celebrate summer, the great outdoors and giving back. More than $1 million has been raised for charities since 2019, when Barricade began matching donations up to $500 per event. This year Go Topless Day® was held on May 17th with approximately 500...
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