Geovanny Vicente – Página 229

Amcor accelerates industry leadership towards more sustainable packaging

ZURICH, Jan. 26, 2021 /PRNewswire/ — Three years after leading the packaging industry in embracing the challenge of having all of its packaging be reusable or recyclable by 2025, Amcor is today laying out its roadmap to continue to meet and accelerate its sustainability aspirations.

Amcor is applying a three-pronged approach to creating a responsible, more sustainable packaging system. The company is innovating products to be recycled or reused, collaborating with others to make recycling widely available and informing consumers about how to participate in keeping waste out of the environment.

Innovating

Amcor invests $100m every year in research and development (R&D) to ensure a world-beating pipeline of innovations that tackle the biggest technical and practical barriers to packaging. This commitment to R&D has produced remarkable results: just this year Amcor released its new AmLite HeatFlex solution for retort packaging – the world’s first recyclable pouch for goods such as pet food and microwaveable soups.

More broadly, the impact on Amcor’s portfolio can be seen in its sales, with $7.7bn and growing in Amcor revenue generated from packaging that meets recyclability guidelines.

Highlights include:

AmPrima™ recycle ready solutions – a portfolio of more sustainable packaging solutions, available in a wide range of formats
Eco-Tite R – the first recyclable shrink bag for meat and cheese
AmLite Recyclable – new and recyclable, metal-free packaging for a range of food and healthcare applications
Significant improvements in the use of post-consumer recycled (PCR) content in rigid packaging, including the commercialisation of many 100% PCR solutions and more than 100 million pounds of recycled content being used annually over the last four years

Where technology already exists, Amcor works to increase sustainability related features – such as reducing weight, which decreases the product’s CO2 impact – and offers customers alternative solutions. The company also produces packaging made from multiple materials – including paper and paperboard, aluminium and resins – so that more and more of our packaging is recyclable wherever the right infrastructure is in place.

Collaborating

Just like the most innovative mobile devices do not reach their full potential without 4G or WiFi networks, effective waste management infrastructures are critical to prevent packaging from ending up in the environment. Where governments have dedicated the right attention, governance and attention to recycling infrastructure, positive outcomes for the environment have been achieved.

To address this issue at scale and improve consistency of infrastructure across the world, Amcor collaborates with expert groups to run pilot programs, align standards, and advise on how to expand and improve waste management and recycling infrastructure so that more that can be recycled is recycled.

Highlights:

Amcor’s work with Materials Recovery for the Future (MRFF) – to promote recycling of flexible packaging in the US
Work with CEFLEX (A Circular Economy for Flexible Packaging) – to develop recycling infrastructure for flexible packaging in Europe
EMF Project Barrier – Amcor is a leading member of this initiative to develop a global design-for-recyclability standard for packaging traditionally seen as difficult to recycle

Informing

Amcor works with its customers to improve consumer understanding and participation in recycling and reuse. Company research has revealed consumer confusion regarding recycling labels – which impacts recycling rates. Through product innovation, Amcor is also increasing its use of PCR and post-industrial resin (PIR) – which proves the effectiveness of recycling to consumers and reduces the use of virgin plastic, despite a global shortage in PCR supply.

Highlights:

Last year Amcor used 83,917 tonnes of recycled plastic resin (PCR), as it pushes for its target of 10% PCR across its portfolio by 2025
Amcor’s rigid packaging has been certified as 95% compliant with the Consumer Goods’ Forum’s industry leading design-rules to encourage recycling, with more and more of Amcor’s packaging meeting these rules across all of our packaging
L’Oreal – 86% PCR bottle for ‘All Nighter’ setting spray, which will save 46 tons of virgin plastic from being produced

David Clark, Amcor’s Vice President for Sustainability said:

«The progress that we have made since we became the first packaging company to commit to the 2025 target is remarkable and is a tribute to Amcor’s absolute focus on reducing waste and improving sustainability. Although we’re not finished yet, our results to date speak for themselves – Amcor is still leading the industry and addressing the challenges of recyclability with innovation, collaboration, and information.»

About Amcor
Amcor is a global leader in developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that uses less materials, is increasingly recyclable and reusable, and is made with more recycled content. Around 47,000 Amcor people generate $12.5 billion in annual sales from operations that span about 230 locations in 40-plus countries. NYSE: AMCR; ASX: AMC www.amcor.com I LinkedIn I Facebook I Twitter I YouTube

www.amcor.com I LinkedIn I Facebook I Twitter I YouTube

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SOURCE Amcor

Stellar Solar Commercial Division Heads Into 2021 Coming Off a Strong Showing in 2020

SAN DIEGO, Jan. 26, 2021 /PRNewswire/ — Stellar Solar, one of San Diego’s most experienced residential and commercial solar installers since 1998, recorded another solid year in the commercial space despite the less than favorable market conditions. The impressive year in commercial coincided with a strong showing in the residential sector surpassing 12,000 residential solar customers.

Some highlights on the 2020 commercial side included:

<ul…

Some highlights on the 2020 commercial side included:

Credit Union, Tustin – 356kW
Multi-unit Apartment Complex, Costa Mesa – 313kW
Biotech company, Irvine – 257kW
Graphics company, San Diego – 80kW
Presbyterian Church, Carlsbad – 43kW
Office complex, Los Angeles – 73kW
Movie studio, Los Angeles region – 66kW
Condominium complex , Oceanside – 47kW
Nature Center, Newport Beach, 28kW + Battery Backup
Elementary school, San Diego – 20kW
High-rise tower rooftop, Los Angeles – design build engineering
Campus housing complex rooftops, Orange County – design build engineering

Brian Grems, Vice President of Engineering at Stellar Solar, had this to say about the performance of the commercial team: «Given the uncertainties surrounding the pandemic and economic fluctuations, both our residential and commercial businesses performed beyond our expectations. Our mix of commercial installations reflects our ability to install high performance commercial solar systems, some with commercial battery storage, on rooftops, carports, and ground-mount systems. These were installed with Stellar Solar as both the design-build contractor and as a subcontractor. Our commercial business development and project management teams are the best in the business at what they do. Commercial Energy Consultant Marie Phillipp has a knack for presenting sometimes complex commercial solar and battery storage options in a manner that is easy to understand and makes sense for businesses, educational institutions, faith-based organizations and non-profits. Director of Commercial Construction John Darlington has experience managing solar and battery storage installations ranging from 20kW to 2MW. Having come from the construction management world, our contractor partners appreciate that he can step right in and become an extension of their team, integrating solar and storage with the construction projects. It’s a solid leadership team that combined with our dedicated commercial installation crew enables us to handle any size project.»

For more information on the projects listed and commercial solar inquiries, please contact Marie Moulton Phillipp at MarieMP@StellarSolar.net.

About Stellar Solar
Stellar Solar is a leading California residential and commercial PV solar design and installation company, based in San Diego since 1998 with over 12,000+ installations across Southern California including notable commercial installations on The Salk Institute, US Foods, Cedars Sinai Hospital and more. Readers of the Union Tribune have voted them best solar panel company again in 2020 marking the fourth year in a row and eighth time in ten years winning the award. Their 5 Star Reviews on Yelp, A+ rating with the Better Business Bureau and high customer ratings on Angie’s list are further testament to their standing as the leading solar provider to homes, businesses, non-profits and faith-based organizations in San Diego County. Learn more at www.stellarsolar.net

Media Contact:
David Boylan
858.395.6905
290016@email4pr.com

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SOURCE Stellar Solar

Half of Americans need a third Stimulus Check within next 3 months, finds January SimplyWise Index

NEW YORK, Jan. 26, 2021 /PRNewswire/ — The January 2021 SimplyWise Retirement Confidence Index found that concerns over personal finances and savings remain high for all Americans. Yet certain populations, including seniors, people of color, and lower income Americans are disproportionately feeling the impact of the virus on their finances. Key report findings included:

55% of people are more concerned about retirement today than this time last year.
44% of Americans worry they’ll never be able to retire—an all-time high.
23% of Americans don’t have any kind of retirement plan.
64% of Black Americans could not last more than 3 months off their savings, compared to 48% of White Americans.
25% of Americans in their 60s could not last more than 3 months off their savings—an all-time high.
75% of people who were laid off due to COVID-19 couldn’t come up with $500 cash.
45% of Black Americans now fear falling behind on their rent or mortgage, compared to 44% of Hispanic Americans, and 28% of White Americans.
51% of Americans need a third Stimulus Check within the next 3 months—and 76% who lost their job due to COVID-19 need a third stimulus check within 3 months.
69% of Social Security beneficiaries experienced at least 1 scam attempt in the last 3 months.

The January SimplyWise study found that 44% of Americans worry they’ll never be able to retire—an all-time high.

The bi-monthly study was conducted as an online, random sample survey of 1,029 Americans ages 18+ between January 8-10, 2021 to explore sentiment about savings and retirement, particularly given the recent political instability and ongoing COVID-19 crisis. It is part of SimplyWise’s ongoing efforts to help Americans maximize savings and benefits, particularly given COVID-closures of Social Security offices.

«While the world is changing fast and things feel somewhat uncertain, staying both informed and empathetic with yourself and those around you will ensure that your future planning stays on track,» says Sam Abbas, CEO, SimplyWise. Understanding your financial options can help you to find benefits, save smarter, and take control amidst today’s uncertainty.

MEDIA CONTACT:
allie@SimplyWise.com

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SOURCE SimplyWise

Orange EV Expands Leadership Team Amid Tremendous Growth

KANSAS CITY, Mo., Jan. 26, 2021 /PRNewswire-PRWeb/ — In support of strong core business growth and planned heavy duty EV business development initiatives, Orange EV announced the following leadership appointments:

Phil Guys – Vice President of Engineering. Phil leads Orange EV’s engineering design…

Phil Guys – Vice President of Engineering. Phil leads Orange EV’s engineering design and development effort for current and future heavy duty electric trucks.

Phil joins Orange EV after 35+ years of experience within the transportation sector at the OEM and tier-1 level including Ford Motor Company, McLaren Performance Technologies, Linamar, and American Axle & Manufacturing. In these roles, Phil had leadership responsibility for product development and advanced engineering, including roles as President of McLaren Performance Technologies, CTO of American Axle & Manufacturing, and Chief Engineer for trucks at Ford. At Orange EV, Phil leads product design and development for both its industry leading EV terminal trucks and planned new products and services.

Jim Voeffray – Vice President of Business Development. Jim will lead Orange EV’s growth strategy and portfolio expansion as a leader in heavy duty electric trucks.

Jim joins Orange EV after 30+ years of experience within the transportation sector at the OEM and tier-1 level including Ford Motor Company, Magna International, GKN plc, and American Axle & Manufacturing. At these companies, Jim had leadership responsibility for sales, business development, strategy and program management, and led the eDrive Business Unit for GKN. At Orange EV, Jim will lead business strategy and development of growth initiatives.

«We are extremely pleased to announce these leadership positions and welcome Phil and Jim to the Orange EV team,» said Wayne Mathisen, Orange EV Chief Executive Officer. «These appointments strengthen Orange EV’s leadership team as we continue our growth as a leader in heavy duty electric trucks.»

These leadership roles are announced amid tremendous growth and customer acceptance of Orange EV’s industry leading EV terminal trucks, where over 80 fleets now benefit from the efficiency, safety, and reliability of all-electric solutions. Development continues to fuel growth, including the introduction of a tandem axle solution in 2020 and, for 2021, the introduction of autonomous-capable features.

The company has also begun the work to broaden its reach past the container handling market into other heavy duty applications, leveraging its customer and supplier relationships and deep understanding of EV technology to further its mission of advancing commercial EV adoption.

About Orange EV

Kansas City based Orange EV is the leading OEM providing industrial fleets with heavy duty electric vehicle solutions that are proven to save money while being safer, more reliable, and preferred by drivers and management alike. Orange EV trucks meet the most rigorous duty cycles and 24×7 shift schedules while eliminating diesel fuel and emissions. Building both new and re-powered terminal trucks, Orange EV was the first manufacturer offering 100% electric Class 8 vehicles to be commercially deployed and re-ordered into container handling operations. Orange EV’s commercially deployed trucks, chosen by more than 80 fleets across 16 states, Canada, and the Caribbean, have surpassed a combined 700,000 key-on hours and 2.2 million miles of operation.

Media Contact

Skye Carapetyan, Orange EV, 866-688-5223 x702, SkyeC@OrangeEV.com

SOURCE Orange EV

New Study: Population Growth is Damaging Arizona’s Environment

ARLINGTON, Va., Jan. 26, 2021 /PRNewswire/ — Since 1982, Arizona developers have paved 1.1 million acres of natural habitat and farmland — an area more than triple the size of Phoenix — to clear way for the state’s rapidly growing population. That’s among the key findings of a <a target="_blank"…

«Arizona has experienced more urban sprawl than any state except Nevada,» said Leon Kolankiewicz, an environmental planner and co-author of the study. «As of 2017, there were almost 3,300 square miles of developed land in Arizona, a 114 percent increase since 1982. This sprawl — which is overwhelmingly driven by rapid population growth, rather than increases in per-capita resource consumption — is fragmenting habitats, exhausting water supplies, and exacerbating climate change.»

The study, titled «Population Growth and the Diminishing Natural State of Arizona,» examines how the state’s soaring population — which jumped from 2.9 million people in 1982 to over 7 million in 2017, a 144 percent increase — has strained everything from aquifers to Arizona’s unique desert biome.

«If we’re serious about protecting wildlife, conserving scarce water resources, and preserving open spaces for future generations, we must have a serious conversation about population growth,» said Eric Ruark, director of research at NumbersUSA and a co-author of the study. «Overdevelopment is a problem not just in Arizona but nationwide.»

The study finds that Arizona has experienced:

A 27 percent decrease in cropland — from 1.2 million acres in 1982 to 906,000 in 2015.
Depleted aquifers and reservoirs due to growing demand, reduced water flows in the Colorado River, and drier weather.
The endangerment and near-extinction of several species, including the Colorado pikeminnow, Yuma clapper rail, and ocelot.

Nationwide, developers have paved over 43 million acres of natural land since 1982 — an area the size of Florida — to accommodate our growing population.

«Formerly pristine open spaces are now strip malls, housing developments, and paved roadways,» said Kolankiewicz. «Unchecked growth is already harming Arizona’s environment — and could have dire consequences unless state and federal leaders take action.»

A link to the full report can be found here. Additional studies on sprawl can be found at NumbersUSA.org.

To request an interview with Leon Kolankiewicz or Eric Ruark, authors of «Population Growth and the Diminishing Natural State of Arizona,» please contact Elyse Sheppard at 202-471-4228 ext. 127 or elyse@keybridge.biz.

About NumbersUSA

NumbersUSA Education & Research Foundation educates opinion leaders, policymakers and the public on immigration legislation, policies and their consequences. We favor reductions in immigration numbers toward traditional levels that would allow present and future generations of Americans to enjoy a stabilizing U.S. population and a high degree of individual liberty, mobility, environmental quality, worker fairness and fiscal responsibility.

Media Contact:
Elyse Sheppard
202-471-4228, ext. 127
289961@email4pr.com

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SOURCE NumbersUSA

TrueCar Forecasts New and Used Retail Sales Up Slightly Year-Over-Year for January 2021, While Fleet Recovery Drags

SANTA MONICA, Calif., Jan. 26, 2021 /PRNewswire/ — TrueCar, Inc. projects total new vehicle sales will reach 1,048,975 units in January 2021, down 4.4% from a year ago when adjusted for the same number of selling days. This month’s seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 15.9 million units. Excluding fleet sales, TrueCar expects U.S. retail deliveries of new cars and light trucks to be 880,552 units, an increase of 0.4% from a year ago when adjusted for the same number of selling days. Used vehicle sales for January 2021 are expected to reach 3.2 million, up 1% from a year ago and up 10% from December 2020.

«Entering 2021 with retail sales in line with last year is a big win for the automotive industry,» said Nick Woolard, Lead Industry Analyst at TrueCar. «However, while retail sales have rebounded, rental fleets remained depressed and continue to interrupt fleet sales. . As a result, fleet sales are struggling to come back to pre-pandemic levels and are driving total unit sales down.»

«The automotive industry continues to reap the benefits of continued strength in retail demand with lower incentive spend. A handful of brands such as Ford, Genesis, GMC, Ram and Toyota, appear to be in the coveted quadrant of both retail growth as well as incentive decline. This is mostly driven by new product and being in the right segments or a combination of the two,» added Woolard.

Average transaction prices (ATP) are projected to be up 4.2% or $1,509 from a year ago and down 4.5% or $1,759 from December 2020. TrueCar projects that U.S. revenue from new vehicle sales will reach approximately $39 billion for January 2021, down 4.4% (based on a non-adjusted daily selling rate) from a year ago and down 38.2% from last month.

«Average transaction prices have finally come down from the record-setting highs we saw last month, but are still higher than this time last year. Of the bigger manufacturers, only Kia has an average transaction price below $30,000. We expect this trend to continue as consumers desire pricier trucks and SUVs,» said Alain Nana-Sinkam, Vice President of Industry Insights at TrueCar. «As new vehicle prices rise, we may see more price-conscious shoppers gravitate back towards smaller segments or the used car market due to growing concerns around affordability.»

Additional Insights (forecast by TrueCar):

Total retail sales for January 2021 are expected to be up 0.4% from a year ago and down 28.6% from December 2020 when adjusted for the same number of selling days.
Fleet sales for January 2021 are expected to be down 23.7% from a year ago and up 8% from December 2020 when adjusted for the same number of selling days.
Average transaction price is projected to be up 4.2% or $1,509 from a year ago and down 4.5% or $1,759 from December 2020.
Total SAAR is expected to decrease 5.5% from a year ago from 16.8 million units to 15.9 million units.
Used vehicle sales for January 2021 are expected to reach 3.2 million, up 1% from a year ago and up 10% from December 2020.
The average interest rate on new vehicles is 5.6% and the average interest rate on used vehicles is 8.1%.

January 2021 forecasts for the 13 largest manufacturers by volume. For additional data, visit the TrueCar Newsroom.

Total Unit Sales

Manufacturer	Jan 2021 Forecast	Jan 2020 Actual	Dec 2020 Actual	YoY % Change	YoY % Change (Daily Selling Rate)	MoM % Change	MoM % Change (Daily Selling Rate)
BMW	18,358	21,156	45,594	-13.2%	-9.6%	-59.7%	-53.0%
Daimler	15,405	24,111	35,436	-36.1%	-33.4%	-56.5%	-49.3%
Ford	143,106	156,041	208,007	-8.3%	-4.5%	-31.2%	-19.7%
GM	199,403	208,032	295,536	-4.1%	-0.2%	-32.5%	-21.3%
Honda	85,958	101,625	136,467	-15.4%	-11.9%	-37.0%	-26.5%
Hyundai	40,423	44,143	69,388	-8.4%	-4.6%	-41.7%	-32.0%
Kia	36,151	40,355	53,764	-10.4%	-6.7%	-32.8%	-21.6%
Nissan	67,641	80,698	98,638	-16.2%	-12.7%	-31.4%	-20.0%
Stellantis	124,961	135,239	202,371	-7.6%	-3.7%	-38.3%	-28.0%
Subaru	40,624	46,285	63,558	-12.2%	-8.6%	-36.1%	-25.4%
Tesla	26,156	22,350	26,950	17.0%	21.9%	-2.9%	13.2%
Toyota	169,836	166,973	251,256	1.7%	6.0%	-32.4%	-21.1%
Volkswagen Group	39,705	45,377	70,175	-12.5%	-8.9%	-43.4%	-34.0%
Industry	1,048,975	1,143,027	1,619,907	-8.2%	-4.4%	-35.2%	-24.5%

Retail Unit Sales

Manufacturer	Jan 2021 Forecast	Jan 2020 Actual	Dec 2020 Actual	YoY % Change	YoY % Change (Daily Selling Rate)	MoM % Change	MoM % Change (Daily Selling Rate)
BMW	17,885	19,578	44,801	-8.6%	-4.8%	-60.1%	-53.4%
Daimler	15,086	22,516	34,711	-33.0%	-30.2%	-56.5%	-49.3%
Ford	111,163	106,861	169,545	4.0%	8.4%	-34.4%	-23.5%
GM	150,681	147,866	256,921	1.9%	6.1%	-41.4%	-31.6%
Honda	85,485	100,679	135,896	-15.1%	-11.6%	-37.1%	-26.6%
Hyundai	35,967	36,720	60,849	-2.0%	2.0%	-40.9%	-31.0%
Kia	32,392	33,393	51,764	-3.0%	1.0%	-37.4%	-27.0%
Nissan	52,674	57,436	81,068	-8.3%	-4.5%	-35.0%	-24.2%
Stellantis	98,062	100,485	167,109	-2.4%	1.7%	-41.3%	-31.5%
Subaru	38,383	43,618	61,188	-12.0%	-8.3%	-37.3%	-26.8%
Tesla	26,144	22,350	26,941	17.0%	21.8%	-3.0%	13.2%
Toyota	143,997	140,984	222,710	2.1%	6.4%	-35.3%	-24.6%
Volkswagen Group	38,243	40,303	69,128	-5.1%	-1.2%	-44.7%	-35.5%
Industry	880,552	913,238	1,437,992	-3.6%	0.4%	-38.8%	-28.6%

Fleet Unit Sales

Manufacturer	Jan 2021 Forecast	Jan 2020 Actual	Dec 2020 Actual	YoY % Change	YoY % Change (Daily Selling Rate)	MoM % Change	MoM % Change (Daily Selling Rate)
BMW	472	1,578	793	-70.1%	-68.8%	-40.5%	-30.5%
Daimler	319	1,595	725	-80.0%	-79.2%	-56.0%	-48.7%
Ford	31,943	49,180	38,462	-35.0%	-32.3%	-17.0%	-3.1%
GM	48,722	60,166	38,615	-19.0%	-15.6%	26.2%	47.2%
Honda	473	946	571	-50.0%	-47.9%	-17.2%	-3.3%
Hyundai	4,456	7,423	8,539	-40.0%	-37.5%	-47.8%	-39.1%
Kia	3,759	6,962	2,000	-46.0%	-43.8%	87.9%	119.3%
Nissan	14,966	23,262	17,570	-35.7%	-33.0%	-14.8%	-0.6%
Stellantis	26,900	34,754	35,262	-22.6%	-19.4%	-23.7%	-11.0%
Subaru	2,241	2,667	2,370	-16.0%	-12.5%	-5.4%	10.3%
Tesla	12	–	9	–	–	30.6%	52.4%
Toyota	25,839	25,989	28,546	-0.6%	3.6%	-9.5%	5.6%
Volkswagen Group	1,462	5,074	1,047	-71.2%	-70.0%	39.7%	63.0%
Industry	168,423	229,789	181,915	-26.7%	-23.7%	-7.4%	8.0%

Fleet Penetration

Manufacturer	Jan 2021 Forecast	Jan 2020 Actual	Dec 2020 Actual	YoY % Change	MoM % Change
BMW	2.6%	7.5%	1.7%	-65.5%	47.9%
Daimler	2.1%	6.6%	2.0%	-68.7%	1.2%
Ford	22.3%	31.5%	18.5%	-29.2%	20.7%
GM	24.4%	28.9%	13.1%	-15.5%	87.0%
Honda	0.6%	0.9%	0.4%	-40.9%	31.5%
Hyundai	11.0%	16.8%	12.3%	-34.4%	-10.4%
Kia	10.4%	17.3%	3.7%	-39.7%	179.5%
Nissan	22.1%	28.8%	17.8%	-23.2%	24.2%
Stellantis	21.5%	25.7%	17.4%	-16.2%	23.5%
Subaru	5.5%	5.8%	3.7%	-4.3%	47.9%
Tesla	0.0%	0.0%	0.0%		34.6%
Toyota	15.2%	15.6%	11.4%	-2.3%	33.9%
Volkswagen Group	3.7%	11.2%	1.5%	-67.1%	146.9%
Industry	16.1%	20.1%	11.2%	-20.1%	43.0%

Total Market Share

Manufacturer	Jan 2021 Forecast	Jan 2020 Actual	Dec 2020 Actual
BMW	1.8%	1.9%	2.8%
Daimler	1.5%	2.1%	2.2%
Ford	13.6%	13.7%	12.8%
GM	19.0%	18.2%	18.2%
Honda	8.2%	8.9%	8.4%
Hyundai	3.9%	3.9%	4.3%
Kia	3.4%	3.5%	3.3%
Nissan	6.4%	7.1%	6.1%
Stellantis	11.9%	11.8%	12.5%
Subaru	3.9%	4.0%	3.9%
Tesla	2.5%	2.0%	1.7%
Toyota	16.2%	14.6%	15.5%
Volkswagen Group	3.8%	4.0%	4.3%

Retail Market Share

Manufacturer	Jan 2021 Forecast	Jan 2020 Actual	Dec 2020 Actual
BMW	2.0%	2.1%	3.1%
Daimler	1.7%	2.5%	2.4%
Ford	12.6%	11.7%	11.8%
GM	17.1%	16.2%	17.9%
Honda	9.7%	11.0%	9.5%
Hyundai	4.1%	4.0%	4.2%
Kia	3.7%	3.7%	3.6%
Nissan	6.0%	6.3%	5.6%
Stellantis	11.1%	11.0%	11.6%
Subaru	4.4%	4.8%	4.3%
Tesla	3.0%	2.4%	1.9%
Toyota	16.4%	15.4%	15.5%
Volkswagen Group	4.3%	4.4%	4.8%

Average Transaction Price (ATP)

Manufacturer	Jan 2021 Forecast	Jan 2020 Actual	Dec 2020 Actual	YOY	MOM
BMW	$58,473	$57,090	$59,710	2.4%	-2.1%
Daimler	$61,867	$60,853	$61,087	1.7%	1.3%
Ford	$43,580	$42,543	$44,354	2.4%	-1.7%
GM	$41,852	$39,522	$43,735	5.9%	-4.3%
Honda	$30,740	$29,220	$30,959	5.2%	-0.7%
Hyundai	$31,273	$28,324	$30,477	10.4%	2.6%
Kia	$28,204	$25,647	$28,137	10.0%	0.2%
Nissan	$30,068	$29,351	$29,965	2.4%	0.3%
Stellantis	$42,886	$40,590	$43,259	5.7%	-0.9%
Subaru	$30,564	$30,032	$30,789	1.8%	-0.7%
Toyota	$34,995	$33,379	$35,321	4.8%	-0.9%
Volkswagen Group	$43,040	$40,787	$42,920	5.5%	0.3%
Industry	$37,330	$35,821	$39,089	4.2%	-4.5%

Incentive Spending

Manufacturer		Jan 2021 Forecast	Jan 2020 Actual	Dec 2020 Actual	YOY	MOM
BMW	$4,687		$5,812	$5,233	-19.4%	-10.4%
Daimler	$4,187		$6,246	$4,438	-33.0%	-5.7%
Ford	$3,925		$4,926	$4,464	-20.3%	-12.1%
GM	$5,537		$5,673	$4,971	-2.4%	11.4%
Honda	$2,862		$2,520	$2,455	13.6%	16.6%
Hyundai	$2,281		$3,092	$2,536	-26.2%	-10.0%
Kia	$2,605		$3,686	$2,999	-29.3%	-13.1%
Nissan	$4,062		$4,842	$4,586	-16.1%	-11.4%
Stellantis	$5,284		$5,027	$4,681	5.1%	12.9%
Subaru	$1,512		$1,244	$1,505	21.5%	0.5%
Toyota	$2,466		$2,679	$2,755	-8.0%	-10.5%
Volkswagen Group	$3,754		$4,407	$4,256	-14.8%	-11.8%
Industry	$3,839		$4,151	$3,869	-7.5%	-0.8%

Incentives as a Percentage of Average Transaction Price (ATP)

Manufacturer		Jan 2021 Forecast	Jan 2020 Actual	Dec 2020 Actual	YOY	MOM
BMW	8.0%		10.2%	8.8%	-21.3%	-8.5%
Daimler	6.8%		10.3%	7.3%	-34.1%	-6.8%
Ford	9.0%		11.6%	10.1%	-22.2%	-10.5%
GM	13.2%		14.4%	11.4%	-7.8%	16.4%
Honda	9.3%		8.6%	7.9%	8.0%	17.4%
Hyundai	7.3%		10.9%	8.3%	-33.2%	-12.3%
Kia	9.2%		14.4%	10.7%	-35.7%	-13.3%
Nissan	13.5%		16.5%	15.3%	-18.1%	-11.7%
Stellantis	12.3%		12.4%	10.8%	-0.5%	13.9%
Subaru	4.9%		4.1%	4.9%	19.4%	1.2%
Toyota	7.0%		8.0%	7.8%	-12.2%	-9.7%
Volkswagen Group	8.7%		10.8%	9.9%	-19.3%	-12.0%
Industry	10.3%		11.6%	9.9%	-11.2%	3.9%

(Note: This forecast is based solely on TrueCar, Inc.’s analysis of industry sales trends and conditions and is not a projection of TrueCar, Inc.’s operations.)

About TrueCar
TrueCar is a leading automotive digital marketplace that enables car buyers to connect to our nationwide network of Certified Dealers. We are building the industry’s most personalized and efficient car buying experience as we seek to bring more of the purchasing process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings, and market context on new and used cars – all with a clear view of what’s a great deal. When they are ready, TrueCar will enable them to connect with a local Certified Dealer who shares in our belief that truth, transparency, and fairness are the foundation of a great car buying experience. As part of our marketplace, TrueCar powers car-buying programs for over 250 leading brands, including AARP, Sam’s Club, and American Express. Nearly half of all new-car buyers engage with TrueCar powered sites, where they buy smarter and drive happier. TrueCar is headquartered in Santa Monica, California, with offices in Austin, Texas, and Boston, Massachusetts.

For more information, please visit www.truecar.com, and follow us on Facebook or Twitter. TrueCar media line: +1-844-469-8442 (US toll-free) | Email: pr@truecar.com

TrueCar PR Contacts:
Shadee Malekafzali
shadee@truecar.com
424.258.8694

Tanya Kohan
tkohan@truecar.com
714.425.6319

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SOURCE Truecar, Inc.

Black and Hispanic Americans on the U.S. financial system: «The odds were always against me,» new Credit Sesame survey finds

SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ — Black and Hispanic Americans are being hit harder by the credit system, a recent survey from Credit Sesame finds. With poor credit impacting more than just one’s financial picture—it can affect everything from a consumer’s mental health to their ability to get a car loan…

According to the research, which surveyed 5,000 adults in the United States, Black Americans report having the lowest overall credit scores of the groups surveyed. More than half (54 percent) of Black Americans report having poor or fair credit (a credit score below 640) or no credit at all, while 41 percent of Hispanic Americans, 37 percent of White Americans and 18 percent of Asian Americans fall into this category.

Black Americans are also at a disadvantage when it comes to financial products, savings and debt. Over half (53 percent) of Black Americans say they are living paycheck to paycheck, significantly higher than 44 percent of Americans overall, and many more Black Americans (21 percent) say they have student loans compared to the rate among all Americans (13 percent). Just 53 percent of Black Americans report having a credit card—a critical component for helping to build a strong credit foundation when used correctly—compared to 63 percent of Hispanic Americans, 67 percent of White Americans, and 79 percent of Asian Americans.

«I was never taught [about finances] growing up,» said a Black American survey respondent. «I was told investing was only what rich people could do.»

Asian Americans, in contrast, say they are thriving in the credit system. More than 80 percent of Asian Americans have a good or excellent credit score (a credit score above 640), significantly higher than the national average of 61 percent. Additionally, 92 percent of this group reported having a positive or neutral experience with their credit.

«While the credit system was created to be blind, this data shows that Black and Hispanic Americans are being unfairly shut out of the system,» said Jay Moon, General Manager of Credit at Credit Sesame. «We’ve seen that the cost of poor credit is much more than financial, impacting everything from mental health to relationships. It’s unacceptable that this is affecting the lives of some more than others.»

The credit score itself is only part of the story—many feel like they are inherently at a disadvantage within the credit system. Hispanic Americans feel nearly as slighted by the system as Black Americans. Nearly a third of Black Americans (30 percent) and a quarter of Hispanic Americans (25 percent) say they never had a chance to build good credit and that the system was stacked against them from the beginning. Further:

Thirty percent of Black Americans and 27 percent of Hispanic Americans say they were misinformed or tricked in their first interactions with credit, compared to 18 percent among White Americans and 15 percent among Asian Americans.
Twenty-one percent of Black Americans, 17 percent of Hispanic Americans and 16 percent of White Americans say financial services exist to hurt them, significantly higher than Asian Americans (9 percent).
Nearly 1 in 3 Black and Hispanic Americans (30 percent) say there aren’t fair credit options for people like them, significantly higher than among White Americans (26 percent) and Asian Americans (23 percent).
Over a third of Black Americans (34 percent) and Hispanic Americans (32 percent) are fearful and uncertain about the future because of their credit score compared to 27 percent White Americans and 20 percent Asian Americans.

One survey respondent said: «As an African American person, I feel that the odds were always against me. Banks won’t give us loans, etc.» A Hispanic American survey respondent added: «I was misinformed about credit and the way that it works. The odds were never in my favor from the beginning.»

«Creating equal credit opportunity is a critical first step toward helping to close the racial gap in our society, and it’s promising to see so many fintechs recognize this,» said Moon. «Whether it’s creating products explicitly for these underserved groups or providing more ways to access credit and resources, the important thing is to make progress.»

Methodology
Credit Sesame conducted this research using an online survey prepared by Method Research and distributed by Dynata among n=5,000 adults in the United States. The sample was balanced by census targets for age, gender and ethnicity to be nationally representative of the US population. Data was collected from October 16 to October 30, 2020.

About Credit Sesame
Credit Sesame’s mission is to help consumers work toward financial stability and ultimately create better opportunities for themselves and their families. Strong credit health is inextricably linked to financial health and stability, and with the launch of Sesame Cash, Credit Sesame will help consumers manage both. Credit Sesame has helped millions of consumers improve their credit scores, increase their approval odds, lower the cost of credit and save money. Credit Sesame is funded by leading venture capital firms and strategic investors, including Menlo Ventures, Inventus Capital, Globespan Capital, IA Capital Groups, NortonLifeLock, Capital One Ventures, and Stanford University, among others. Credit Sesame currently operates in the U.S. and Canada. For more information on Credit Sesame, visit www.creditsesame.com and follow on Facebook, Twitter and LinkedIn.

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SOURCE Credit Sesame

Nick Kassanis, PE, Appointed President of Sustainable Investment Group (SIG)

ATLANTA, Jan. 26, 2021 /PRNewswire/ — Sustainable Investment Group (SIG) is excited to announce the appointment of our new President, Nick Kassanis, PE.

Nick holds a Bachelor of Science degree in Mechanical Engineering from the Georgia Institute of Technology and received his Professional Engineer (PE) license in Mechanical Engineering specializing in HVAC Systems in 2016. In addition to his PE license, Mr. Kassanis holds the Certified Building Commissioning…

ATLANTA, Jan. 26, 2021 /PRNewswire/ — Sustainable Investment Group (SIG) is excited to announce the appointment of our new President, Nick Kassanis, PE.

During his 11 years of industry experience, Nick has served in a variety of leadership positions developing knowledge and expertise in operations, business development and strategic growth planning. Mr. Kassanis has managed technically diverse teams, established industry-wide relationships, driven sales, and led strategic growth in key markets. He joined SIG in 2014 and has held positions of increasing responsibility including VP of Technical Services, and, most recently, Sr. VP of Business Development and Technical Services.

Throughout his time at SIG, Nick has managed and worked on over 30 million square feet of LEED certified space, over 50 LEED projects, 30+ Commissioning projects, 25+ Energy Modeling projects, 20+ Energy Audits, and over 500 ENERGY STAR Certifications across the nation. Additionally, Mr. Kassanis has established SIG’s presence on the West Coast by opening offices in San Francisco and Los Angeles.

Outside of SIG, Nick has participated in extensive volunteer work with the ASHRAE Atlanta Chapter, serving as President for the 2016/2017 term. There, he worked to promote collaboration between ASHRAE and other professional organizations (USGBC/AIA/ULI), including collaboration between regional ASHRAE chapters throughout the United States. During his years spent with the organization, Mr. Kassanis also worked with K-12 students to promote STEM education.

«SIG continues to grow as the green building movement grows. With that growth, we need key leadership internally to scale and chase opportunity. Nick exemplifies that. In the last 7+ years at SIG, Nick has worked on over 30M square feet of LEED + Technical Service projects, innovated with our VIP clients’ needs, opened our California offices, and so much more.» –Charlie Cichetti, LEED Fellow + WELL AP, CEO of SIG and GBES.com

As President at SIG, Nick will focus on organizational excellence, strategic growth and representing our client’s sustainability, energy, and wellness goals across their portfolios. «The future of our industry is exciting as we look to find harmony between building efficiency and human health and wellness. We will continue to promote innovation and lead the effort in reducing our overall carbon footprint while emphasizing occupant health.» said Mr. Kassanis.

About Sustainable Investment Group (SIG)

SIG is a full-service sustainability and energy consulting firm that provides environmentally focused solutions to design, construction, real estate, and building operations professionals to support a high level of performance, value, ethics and quality in the built environment. Beyond consulting, SIG helps grow the green building industry through education and training, highlighting the importance of academics at all levels. SIG has helped over 15,000 professionals across the U.S. prepare for their LEED exams.

Media Contact:
Kathy Grawe | SIG Marketing Specialist
kathyg@sigearth.com

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SOURCE Sustainable Investment Group (SIG)

«Go Green with Suburban Propane» Logo Registered with United States Patent and Trademark Office (USPTO)

WHIPPANY, N.J., Jan. 26, 2021 /PRNewswire/ — Suburban Propane Partners, L.P. (NYSE: SPH), a national distributor of propane, renewable propane, and related products and services, as well as an investor in low carbon fuel alternatives, has registered its «Go Green with Suburban Propane» logo with the United States Patent and Trademark Office (USPTO). The trademark registration provides Suburban Propane with the exclusive right to use the trademark with the various goods and services covered by the registration that pertain to its green initiative, including in connection with flyers and newsletters related to the benefits of propane usage and green architecture, and a website featuring energy efficiency information about those same topics.

The «Go Green with Suburban Propane« initiative focuses on the company’s commitment to advocating for the clean burning attributes of propane in the transition to a sustainable energy future and to investing in innovative solutions to pave the way to zero-carbon emissions. When compared to gasoline and diesel, propane and renewable propane can significantly reduce the harmful contributors to greenhouse gases. Renewable propane possesses lower carbon intensity than traditional propane, with no change in performance and handling.

«As one of the leading distributors of propane in the United States, we are committed to educating our customers, legislators and other key stakeholders on the benefits of propane in meeting aggressive carbon reduction targets,» said Nandini Sankara, Spokesperson, Suburban Propane. «With our ‘Go Green with Suburban Propane’ logo officially registered, this further solidifies our commitment to pioneer a cleaner, more sustainable energy future through innovation, technology, and key investments.»

As part of the green initiatives, Suburban Propane has: partnered with U-Haul® to provide eco-friendly, renewable propane in California; purchased a 39% equity stake in Oberon Fuels, Inc., a development-stage producer of low carbon, renewable Dimethyl Ether (rDME) transportation fuel, which is focused on the research and development of a practical and affordable pathway to zero-emission transportation through its proprietary production process; and continued to commit itself to innovation and making investments to bring an even cleaner version of propane to the market.

About Suburban Propane

Suburban Propane Partners, L.P. (NYSE:SPH), is a nationwide distributor of propane, renewable propane, and related products and services, as well as an investor in low carbon fuel alternatives, as well as a marketer of natural gas and electricity, servicing over 1 million customers through its 700 locations across 41 states. The company proudly celebrated 90 years of innovation, growth and quality service in 2018. The brand is currently focused on three core elements including Suburban Commitment – showcasing the company’s 90+ year legacy of flexibility, reliability and dependability, Suburban Cares – highlighting dedication to serving local communities across the nation and Go Green with Suburban Propane – promoting the affordable, clean burning and versatile nature of propane as a bridge to a green energy future. Suburban Propane is a New York Stock Exchange listed limited partnership headquartered in Whippany, NJ. For additional information on Suburban Propane, please visit http://www.suburbanpropane.com/.

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SOURCE Suburban Propane Partners, L.P.

Intersect Power Secures Over $600 Million of Corporate Capital to Accelerate Growth of Leading Clean Infrastructure Company

SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ — Intersect Power, LLC, («Intersect Power») one of North America’s largest developers of utility-scale renewable energy, has secured $127 million in equity funding from Climate Adaptive Infrastructure, LLC («CAI») and Trilantic North America to accelerate the company’s transition to a scalable provider of electric power for utilities and large end-users. Intersect Power has also closed on a <span…

«The Intersect Power team has developed 3.7 GWDC of solar assets with a portfolio value of more than $8 billion. The investments announced today will give us the ability to more quickly scale our core business of solar and energy storage, while expanding further into emerging classes of clean infrastructure, like green hydrogen. Intersect combines a clear understanding of what it takes to put steel in the ground with a focus on what comes next in the deployment of low-carbon technologies,» said Intersect Power CEO and co-founder Sheldon Kimber. «Having deployed billions of dollars of clean infrastructure, our innovative approach to the convergence of power markets and financial markets served as a stepping stone for Intersect to become a large, scalable IPP. That same approach positions us at the forefront of what’s next in clean infrastructure.»

«We are pleased to be founding investors in Intersect Power, a company defining the future of renewable infrastructure with remarkable connectivity between capital markets, supply chains, greenfield development, and innovative technologies,» said Bill Green, Founder and Managing Partner at Climate Adaptive Infrastructure. «Intersect Power’s deep bench of senior executives are experts at strategically deploying capital across low-carbon infrastructure assets. Additionally, we look forward to Intersect Power’s expansion into green hydrogen, another critical component for global decarbonization.»

«We are thrilled to have invested in Intersect Power, a founder-led, innovative infrastructure company that we believe has become a leader in the renewables space, and we are especially excited to partner with Sheldon, Luke, and the rest of the Intersect Power team to drive the company to the next level,» said Glenn Jacobson, Partner at Trilantic North America. «We remain believers that the pace of the energy transition will continue to accelerate and are excited to help Intersect Power develop utility-scale solutions for the decarbonization of the electric grid.»

«We are excited to partner with Intersect’s industry-leading team. We admire their proven track record for innovation in the utility-scale renewable energy market,» said Jeff Ross, Senior Managing Director and Head of Investment Team at Generate.

«This exciting opportunity reflects our proven ability to structure deals that take advantage of evolving technologies, financial tools and energy markets. We see no limits to how far and fast clean infrastructure can grow, and this funding is further affirmation that we have the capabilities, pipeline, and investors to get there,» concluded Kimber.

Orrick, Herrington & Sutcliffe provided legal counsel to Intersect Power. Latham & Watkins acted as legal counsel for the equity providers and Kirkland & Ellis and Foley & Lardner for debt.

About Intersect Power
Founded in 2016, Intersect Power is a clean infrastructure company bringing efficient, innovative, and scalable low-carbon solutions to its customers in energy and commodity markets. Our expertise includes all phases of development, design, engineering, finance and operations. Intersect Power has a pipeline of 3.2GWDC of late-stage solar and storage projects that will be in operation by 2023 and an emerging pipeline of other clean infrastructure assets. The company has also developed and sold more than 1.7 GWDC of contracted solar projects across California and Texas, which are owned and operated by third party investors. For more information, visit www.intersectpower.com.

About Climate Adaptive Infrastructure
Climate Adaptive Infrastructure, LLC («CAI») is an infrastructure investment firm specializing in low-carbon real assets in the energy, water and transport sectors. The firm seeks investments across core infrastructure assets that improve the sustainability and quality of life for the world’s large and growing population. CAI selects, finances, constructs and manages its investments using climate screens and metrics designed to enhance investment returns and cut carbon emissions.

About Trilantic North America
Trilantic Capital Management L.P. («Trilantic North America») is a private equity firm focused on control and significant minority investments in North America. Trilantic North America’s primary investment focus is in the business services, consumer and energy sectors. Trilantic North America has managed six private equity fund families with aggregate capital commitments of $9.7 billion. Trilantic North America has been recognized by Inc. Magazine’s 2019 list of Top 50 Founder-Friendly Private Equity Firms. For more information, visit www.trilanticnorthamerica.com.

About CarVal Investors
CarVal Investors is an established global alternative investment fund manager focused on distressed and credit-intensive assets and market inefficiencies. Since 1987, CarVal has invested $124 billion in 5,495 transactions across 82 countries. CarVal has an established history of energy and power investments and is innovative in structuring partnerships in the renewables industry. For more information, visit www.carvalinvestors.com.

About Generate
Generate (Capital, Inc.) is a leading sustainable infrastructure company driving the infrastructure revolution. Generate builds, owns, operates and finances solutions for clean energy, water, waste and transportation. Founded in 2014, Generate partners with over 35 technology and project developers and owns and operates more than 2,000 assets globally. Generate is the one-stop shop offering pioneers of the Infrastructure Revolution tailored funding and support needed to get projects built. Our Infrastructure-as-a-Service™ model delivers affordable, reliable and sustainable resources to over 1,000 customers, companies, communities, school districts and universities. Together, we are rebuilding the world. For more information, please visit www.generatecapital.com.

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SOURCE Intersect Power