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Automotive
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Advance Auto Parts Appoints Richard A. Johnson to Board of Directors

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts Appoints Richard A. Johnson to Board of Directors...
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Platinum-Based Catalysts Market Outlook to 2029 & 2034: Revenues to Reach $4.98 Billion by 2029 - Industry Leaders are Sinopec Catalyst Co., BASF, Thermo Fisher Scientific, and Linde - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Platinum-Based Catalysts Global Market Report 2025" has been added to ResearchAndMarkets.com's offering. The platinum-based catalysts market has experienced robust growth recently, with its value expected to expand from $3.67 billion in 2024 to $3.91 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. This previous growth is primarily driven by the automotive industry's demand, stricter environmental regulations, fuel cell technology adoption, and the...
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Westlake Financial and HFC Acceptance Complete $100 Million Loan Acquisition in Landmark Transaction

LOS ANGELES--(BUSINESS WIRE)--Westlake Financial (“Westlake”), the largest privately held auto finance company, today announced the successful sale of approximately $100 million of subprime auto loans to HFC Acceptance, LLC (“HFC Acceptance”). The transaction, designated WTTD-2026-1 (“Transaction”), represents a first-of-its-kind structure for both organizations and was completed at a 112% principal premium. The transaction consists of seasoned and newly originated subprime auto finance loans o...
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Lease End Sees 60% YoY Revenue Growth in 2025, Thanks to Novel AI Solutions That Saved Drivers $73 Million

BURLEY, Idaho & SALT LAKE CITY--(BUSINESS WIRE)--Lease End sees 60% YoY revenue growth in 2025 while unlocking $73 million in savings and $108 million in equity for drivers....
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Blackhawk Network (BHN) Launches Category-Specific Prepaid Rewards Card for Fuel, EV Charging and Grocery Applications

PLEASANTON, Calif.--(BUSINESS WIRE)--Blackhawk Network expands partnership with Mastercard to launch two new filtered prepaid card rewards products....
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Mitsubishi Heavy Industries Joins Automotive Edge Computing Consortium to Drive Distributed Data Processing and Optimize ICT Infrastructure

WAKEFIELD, Mass.--(BUSINESS WIRE)--The Automotive Edge Computing Consortium (AECC) today announced that Mitsubishi Heavy Industries, Ltd. (MHI), a leading provider of integrated infrastructure solutions for stable data center operations—including power, cooling, and digital systems—has joined the consortium as a member. AECC is a cross-industry, non-profit organization dedicated to advancing best practices for communication and computing infrastructure to improve the utilization of automotive b...
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DECKED Launches Most Durable, Customizable and Theft-Proof Tool Box for Truck Beds

KETCHUM, Idaho--(BUSINESS WIRE)--DECKED, the leader in truck bed organization and storage solutions, announced today the release of its all-new Tool Box, a ground-up redesign that joins DECKED’s Drawer System and CargoGlide as the industry’s ultimate truck storage systems. Engineered to be more durable, more functional and more theft-and-weather proof than any other truck bed tool box, DECKED’s new Tool Box is poised to disrupt the stagnant category. DECKED’s Tool Box will be available for purc...
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HARMAN Launches Ready StreamShare, Delivering Personal Audio Zones with Shared Listening and Clear Cabin Communication

NOVI, Mich.--(BUSINESS WIRE)--With the emergence of Millennial and Gen X families traveling with Gen Z and Gen Alpha children, today’s car cabin is now multi-user. Everyone brings a device and everyone expects control, but traditional car audio systems are largely designed for a single source. Families want personal choice without losing the ability to share moments, coordinate plans, or simply talk, especially when passengers are wearing headphones. As evolving consumer habits redefine expecta...
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Secure Properties Acquires 15-Property Take 5 Oil Change Portfolio Sale-Leaseback with Driven Brands

NEW YORK--(BUSINESS WIRE)--Secure Properties (“Secure”), a leading real estate investment firm specializing in net lease assets, announced today that it has acquired a 15-property portfolio operated under the Take 5 Oil Change banner through a direct, long-term sale-leaseback with Driven Brands (NASDAQ: DRVN). The portfolio spans high-growth markets across the South and Midwest and represents a meaningful expansion of Secure’s presence in the automotive services category. The assets serve as es...
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HARMAN Accelerates Road-Ready Products, Delivering Holistic, Intelligent In-Cabin Experiences Today

NOVI, Mich.--(BUSINESS WIRE)--The message is clear: in automotive, AI is now table stakes. What differentiates leaders is execution—experiences that are integrated, safe, and ready to deploy across platforms and over the vehicle lifecycle. Building on its legacy of in-cabin innovation, HARMAN, the automotive technology leader and subsidiary of Samsung Electronics Co., Ltd., today announced portfolio enhancements across its award-winning Ready product lineup and car audio offerings. Available no...