Automotive News

MANCHESTER, Ga.--(BUSINESS WIRE)--Rare Earths Americas, Inc. ("REA" or the "Company"), a critical minerals company advancing a portfolio of prospective heavy rare earths focused projects in the United States and in Brazil, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed underwritten initial public offering of shares of its common stock. The timing of the offering, number of shares of common st...

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) has been named to Fortune’s “America’s Most Innovative Companies” list for the second year in a row, underscoring the company’s expanding role in applying advanced technology to modernize transportation and supply chain operations. The recognition reflects Ryder’s continued progress in embedding artificial intelligence into its core technology platforms, accelerating warehouse automation and robotics, and advancing customer‑facing digital sol...

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2026. Fourth Quarter Highlights:(1) Keith Barr appointed President and Chief Executive Officer, effective March 16, 2026. Combined retail and wholesale unit sales of 303,969, an increase of 0.7%. Retail used unit sales decreased 0.8% and comparable store used unit sales declined 1.9%; gross profit per retail used unit of $2,115 declined from last year’s record...

PHOENIX--(BUSINESS WIRE)--Eagle Vision Security, a North American leading provider of live, interactive video monitoring solutions, has expanded its operations into Arizona, United States. The move is part of the company's broader strategy to strengthen coverage across the United States of America and support growing demand for truck yard security and outdoor asset protection. The expansion enables Eagle Vision Security to deliver its Truck Yard Security, warehouse monitoring, and interactive v...

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 Global President, Jerry Wang, will participate in a series of upcoming investor and industry events in New York this April. FF will also showcase its cutting-edge electric vehicles and next-generation robotics technologies. Attendees will have the opportunity to expe...

LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, is celebrating Earth Day through a day of community service in Lexington, Ky. Valvoline Inc. volunteers will plant trees and lay sod at Habitat for Humanity homes in the final stages of construction, in partnership with Trees Lexington and Habitat for Humanity of Lexington. Taking place in recognition of Earth Day, the volunteer effort will bring together Valvoline...

VIENNA, Va.--(BUSINESS WIRE)--Navy Federal Credit Union today released the latest iteration of its Cost of Car Ownership (COCO) Index, revealing a record-high in the cost of owning a vehicle. The COCO Index rose 4.7% in March, 5.5% in the past year, and 47.6% since January 2020. The latest increase is driven almost exclusively by a sharp increase in gasoline prices. Gasoline prices climbed 21.2% month over month, adding a significant cost to household budgets. Auto repair costs also continue to...

DALLAS--(BUSINESS WIRE)--Traffic safety expert and found of Witherite Law Group, Amy Witherite, is calling attention to a critical gap in the conversation as the Texas Department of Transportation (TxDOT) seeks public input on the future of Interstate 35 through its newly launched I-35 Texas Corridor Study: A Path to 2050 survey (open April 6–May 6, 2025). One of the most timely and pressing safety issues facing Texas highways isn’t being directly addressed: What role, if any, should autonomous...

RALEIGH, N.C.--(BUSINESS WIRE)--Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced the appointment of Denice Biocca as Chief People Officer to lead the company’s global human resources operations. “Denice brings extensive leadership experience across large, complex industrial businesses. We are thrilled to have her join Team Vontier,” said Mark Morelli, CEO of Vontier. “Her proven...

ATLANTA--(BUSINESS WIRE)--Lean Solutions Group (LSG), a global leader in AI-powered business solutions, today announced a new wave of AI-driven capabilities for its proprietary LeanTek platform, including LeanTek AgentEdge and LeanTek Connect, at MODEX 2026 in Atlanta. This new release introduces advanced intelligence, automation, and workforce enablement features designed to help logistics organizations further operationalize AI to deliver greater speed, precision, and scalability in workflow....