Categoría: Influencers

Sigo Partners with Mexico-based Saive to Launch First Spanish-Language Safe Driving App in the U.S.

HARRISON, N.J., Jan. 26, 2021 /PRNewswire-PRWeb/ — Sigo, an inclusive auto insurance provider focused on providing affordable access to underserved populations, has partnered with Mexico-based <a target="_blank"…

HARRISON, N.J., Jan. 26, 2021 /PRNewswire-PRWeb/ — Sigo, an inclusive auto insurance provider focused on providing affordable access to underserved populations, has partnered with Mexico-based Saive to launch the Calles Seguras Initiative through the Sigo powered by Saive App, a free safe driving app now available to all drivers. Use of the mobile telematics solution, the first in the U.S. that’s natively in Spanish, allows users to review their driving behavior, become a safer driver, and earn rewards while doing so.

According to Pew Research, Hispanics have accounted for more than half of the U.S. population growth since 2010. To better serve this segment of the population, and the growing number of Hispanic drivers, Sigo created a bi-lingual, tech-enabled solution to help customers with limited insurance histories get basic liability policies without having to visit a brick-and-mortar agency or pay extra fees. With the introduction of the Calles Seguras Initiative, the Hispanic population can now also continue to improve their driving skills, whether they are a Sigo customer or not.

«In order to address the underlying discrimination within auto insurance pricing, we need to overhaul the way rates are calculated. Telematics already has and will continue to be a critical piece of the puzzle in building a fairer pricing model,» said Nestor Hugo Solari, Co-Founder and CEO of Sigo. «Our partnership with Saive to bring a Spanish-language safe driving app to the U.S. will not only make our roads safer but will also soon help customers save money on their insurance, regardless of factors like zip code, education or credit score.»

Saive has already been helping drivers in Mexico with their Driver Score algorithm and Driver Assistant, technology that has been implemented into this new app. Once enabled in one’s vehicle, the app tracks factors such as acceleration, hard braking, speed, sharp turning, distance driven, and late-night driving. The app will also capture miles driven without texting and minutes without looking at one’s phone. «The data collected provides significant value not just for insurers, but for drivers to improve their habits to make our roads safer,» said Salvador Rochin, Co-Founder and Chief Product Officer of SAIVE

Upon completing a trip, the Driver Assistant will alert users to any distracted driving habits as well as share tips for safer driving. After at least 100 miles have been driven, drivers who follow the speed limit, don’t text and drive, and avoid sharp braking and turning, among other safe habits, can begin earning rewards like Amazon gift cards.

«More than 38,000 people in the U.S. lose their lives each year in car crashes. Saive’s goal has always been to reduce the number of road accidents and protect all drivers, so we’re excited to continue furthering our impact in the U.S. with the help of Sigo,» said Moisés Maislin, Co-Founder and CEO of Saive.

Currently, the Sigo powered by Saive app is available to all drivers and can be downloaded on the Apple App Store and Google Play Store free of charge. Sigo customers in California and Texas who use the usage-based mileage app will have access to insurance cost-saving in 2021. Customers will receive discounts first for opting-in to the program as well as added discounts based on their safe driving habits.

For more information about the Calles Seguras Initiative and the Sigo powered by Saive app, visit https://sigoinsurance.com/saive.

About Sigo
Sigo is an inclusive auto insurance provider focused on the $20 billion emerging non-standard auto insurance market. Sigo provides affordable access via its direct-to-consumer platform that is tech-enabled, bilingual, and mobile-first. By helping customers with limited insurance histories get basic auto insurance, Sigo is better serving the segment of «non-standard» drivers by providing transparent and reliable coverage. Sigo is currently available in California and Texas and was co-founded in 2019 by Néstor Hugo Solari and Júlio Erdos. For more information, visit https://sigoinsurance.com/.

About Saive
Saive utilizes smartphone technology that process driving behavior data to insurers, OEMs and more, to design easy and affordable mobile usage-based insurance products (PAYD, PHYD and Hybrid models) for the Hispanic markets in the Americas Region. Saive have been accelerated by Google Advantage Program (2018) and Puente Labs in Silicon Valley (2019). Its Vision for 2025 is to predict car accidents in real time to save lives by using the most adoptable technology in the world: smartphones. Being the first telematic company offering «cash-back» models, SAIVE has been strengthening its presence in the Latin American market since the pandemic started in 2020. For more information, visit https://saive.app/.

Media Contact

Nestor Solari, Sigo, +1 (877)476-7446 Ext: 1, nestor@sigoseguros.com

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SOURCE Sigo

Omni Oklahoma City Hotel Proudly Opens Its Doors To The Oklahoma City Community

OKLAHOMA CITY, Jan. 26, 2021 /PRNewswire/ — Today, Omni Hotels & Resorts celebrates the grand opening of the highly anticipated <a target="_blank"…

OKLAHOMA CITY, Jan. 26, 2021 /PRNewswire/ — Today, Omni Hotels & Resorts celebrates the grand opening of the highly anticipated Omni Oklahoma City Hotel, a 605-guest room convention center hotel in the heart of Oklahoma City.

Images and videos of the hotel and ceremonious ribbon cutting can be found HERE.

Executives from Omni held a ribbon cutting alongside Oklahoma City Convention and Visitors Bureau Interim Director Mike Burns, The Honorable Oklahoma City Mayor David Holt, The Honorable Lt. Gov. Matt Pinnell, The Alliance for Economic Development of Oklahoma City President and CEO Cathy O’Connor and Greater Oklahoma City Chamber President and CEO Roy Williams. The 17-story hotel located at 100 West Oklahoma City Blvd. will serve the city’s revitalized downtown area including the convention center, Scissortail Park and Chesapeake Energy Arena, home of the NBA’s Oklahoma City Thunder.

«Those who walk through our doors, whether you’re traveling to Oklahoma City or you are a local enjoying a staycation or a day downtown, will feel an immediate sense of the deep authenticity and rich culture that this city has to offer,» Omni Oklahoma City General Manager Steve Keenan said. «Omni will offer a new and elegant way to experience an Oklahoma City adventure as we continuously aim to go the extra mile with every interaction and every gesture.»

Omni Oklahoma City Hotel marks the brand’s expansion into Oklahoma. The property consists of 78,000 square feet of flexible meeting, event and pre-function space and sits caddy-corner to a streetcar stop, placing the hotel right within the bustling community of downtown.

«Omni Hotels & Resorts is laser-focused on its development strategy and, despite the industry impacts of COVID-19, our expansion across the Red River reinforces our commitment to that strategy,» said Peter Strebel, president of Omni Hotels & Resorts. «We look forward to extending our genuine hospitality into this tenacious city and becoming a new addition to the downtown skyline that Oklahomans can be proud of. Each of our hotels are unique to the community, and Omni Oklahoma City Hotel is no different with a top-to-bottom design that authentically conveys the welcoming spirit of the city.»

The hotel’s design features elements that draw inspiration from the surrounding pastoral landscape of the Oklahoman terrain including layers of the earth and sky. Paying homage to the state and weaving in rustic, earthy tones that represent the prairie land and sunset, the property’s common areas, guest rooms, ballrooms and spa also embrace textured walls and components of wood, metal and chevron patterns that pay homage to the local industry; Oklahoma’s state bird, the Scissor-tailed flycatcher; and the economy of the city and its surroundings.

The hotel features 605 guest rooms, including 29 suites, with well-appointed furnishings, regional influences and dramatic views of Scissortail Park and the downtown skyline. Additionally, the hotel’s top 17th floor was designed to cater specifically to professional basketball players featuring California King beds, larger door frames and taller ceilings and shower heads.

Hotel amenities are available to locals, travelers and overnight guests. Hotel highlights include:

Food & Beverage: Omni Oklahoma City Hotel provides a variety of food and beverage outlets to anyone who walks through its doors. A perfect, culinary-forward experience for any occasion, the seven restaurant and bar outlets include Basin Bar, OKC Tap House, Bob’s Steak & Chop House and Park Grounds — which open with the hotel on Jan. 26 — in addition to Seltzer’s, Catbird Seat and Double Double Burger Bar, which will open at a later date.

Wellness: The full-service Mokara Spa, state-of-the-art fitness center and rooftop pool deck terrace will offer a premier and luxurious experience with personalized, exceptional service to all. Mokara Spa provides a tranquil relaxation lounge and features head-to-toe treatments, a revitalizing sauna and pampering nail services. Its design pulls inspiration from the state’s important commodity – cotton. The 24-hour fitness center is available to all guests and, located on the third floor, while the pool deck overlooks Scissortail Park providing beautiful, scenic views.

Meetings: Situated between the new convention center and Chesapeake Energy Arena, Omni Oklahoma City Hotel will be a nationwide destination for meetings and events. All 78,000 square feet of meeting space will be located on the second floor, with the exception of an outdoor event lawn on the third floor and a boardroom located on the 17th floor which can be used as a convenient and private meeting space for visiting NBA teams.

In the spirit of highlighting Oklahoma’s healthcare workers, Omni Oklahoma City Hotel is honored to recognize Charles Maines RN from INTEGRIS Southwest Hospital (INTEGRIS) as its first guest. Maines contracted COVID-19 earlier in 2020, successfully recovered and returned to work to continue treating patients battling COVID-19. As an inspiring leader to his team at INTEGRIS, Maines will also be enrolled as a lifetime member to Omni’s Select Guest ® Loyalty Program.

To add to the celebration, the office of Oklahoma City Mayor Holt proclaimed Tuesday, Jan. 26, 2021, as «Omni Oklahoma City Hotel Day.» The proclamation was read by Mayor Holt at the privately-held ribbon cutting event.

«The opening of the Omni in Oklahoma City is a continuation of an exciting chapter in downtown Oklahoma City’s ongoing transformation,» Mayor Holt said. «In partnership with the MAPS 3 convention center, Omni helps further propel our city to bring in new visitors, tax dollars and more.»

Omni Oklahoma City Hotel opens following Omni Hotels & Resorts’ Safe & Clean program. The initiative includes extensive cleaning guidelines, processes and procedures to ensure the health, safety and comfort of guests and associates. It is informed by the Centers for Disease Control and Prevention (CDC) guidelines and also meets the «Safe Stay» initiative set forth by the American Hotel & Lodging Association (AHLA).

The hotel is conveniently located in the heart of Oklahoma City with easy access to I-40 and the Will Rogers Airport. To book a stay, spa treatment, group meeting or event, visit omnihotels.com/hotels/oklahoma-city.

About Omni Hotels & Resorts
Omni Hotels & Resorts creates genuine, authentic guest experiences at 60 distinct luxury hotels and resorts in leading business and leisure destinations across North America. With more than 25 iconic golf courses and 16 award-winning spas featured in dynamic locales nationwide, every Omni proudly opens its doors to share the true spirit of its destination. Reflected through local color, personalized service, unique wellness options, signature restaurants and creative culinary offerings, Omni leaves a lasting impression with every guest and a heightened level of recognition and rewards delivered through its Select Guest® loyalty program. As a founding member of the Global Hotel Alliance, Select Guest is further expanded through the DISCOVERY loyalty program offering members additional global benefits. Omni is committed to reducing hunger and is on a mission through its Say Goodnight to Hunger initiative to provide millions of meals each year for food banks to feed children, families and seniors in communities in which it operates. Through its partnership with Shared Hope International, Omni is dedicated to the education and training of its associates to help combat human trafficking.

Omni Hotels & Resorts is the official hotel of the PGA TOUR® and PGA TOUR Champions. For information or to book accommodations, visit omnihotels.com or call 1-800-The-Omni.

Media Contact

Omni Contact:

Taylor Ketchum

Melissa Becker

(405) 834-2537

(972) 871-5556

Taylor@jones.pr

melissa.becker@omnihotels.com  

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SOURCE Omni Hotels & Resorts

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…

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.

New Study: Propane Outpaces Electric For Carbon Footprint In Trucks

WASHINGTON, Jan. 26, 2021 /PRNewswire/ — A new comparative analysis out today analyzes the carbon footprint of medium-duty and heavy-duty (MD-HD) engine vehicles powered by propane and electricity. The analysis,

WASHINGTON, Jan. 26, 2021 /PRNewswire/ — A new comparative analysis out today analyzes the carbon footprint of medium-duty and heavy-duty (MD-HD) engine vehicles powered by propane and electricity. The analysis, Decarbonization of MD-HD Vehicles with Propane, found that propane-fueled MD-HD internal combustion engine vehicles provide a lower carbon footprint solution in 38 U.S. states and Washington, D.C., when compared to MD-HD electric vehicles (EVs) charged using the electrical grid.

Fifteen states and Washington, D.C., have proposed full electrification of medium- and heavy-duty trucks by 2050 with a target of 30 percent «zero-emission» vehicle sales by 2030. The rationale behind the proposals is based on the dubious assumption that the electrical grid will be fully decarbonized by that time. Likewise, policy based on exhaust carbon dioxide (CO2eq) emissions alone as opposed to life-cycle analysis results misses the full picture. As a result, policy proposals today conflate the promise of electrification with actual decarbonization.

The comparative analysis also reveals that MD-HD vehicles powered by renewable propane provide a lower carbon footprint solution in every U.S. state except Vermont where electricity is generated by, and imported from, Canadian hydroelectric power plants. Renewable propane is derived from sources such as beef fats, vegetable oils, grease residue, and other biomass feedstocks.

Moreover, the analysis shows that decarbonization can be accelerated by adopting propane as the fuel of choice for MD-HD vehicles. The conclusion is supported by a life-cycle analysis of equivalent CO2eq emissions between electric and propane-fueled vehicles across the U.S. using CARB carbon intensity values along with a powertrain efficiency analysis.

«It’s often assumed that full electrification of all sectors will lead to their full decarbonization, but little thought on how electricity is currently generated, stored, transmitted, and consumed has been considered,» said the author Dr. Gokul Vishwanathan, director of research & sustainability at the Propane Education & Research Council. «While a fully renewable-based electric grid is not feasible anytime soon, propane is an effective solution today for accelerating decarbonization of transportation and other energy sectors.»

The comparative analysis presented the following decarbonization recommendations:

  • All 50 states should aggressively invest resources in incentivizing renewable fuels.
  • Federal government agencies, particularly the Department of Energy, should aggressively invest in various parallel pathways for renewable and synthetic fuel production to ensure supply.
  • The U.S. should aggressively pursue immediately available decarbonization efforts using alternative fuels such as propane and dimethyl ether (DME) rather than wait on grid infrastructure improvements that are decades away from realization.

About PERC: The Propane Education & Research Council is a nonprofit that provides leading propane safety and training programs and invests in research and development of new propane-powered technologies. PERC is operated and funded by the propane industry. For more information, visit Propane.com.

Contact:          

David Gibbs representing PERC

dgibbs@hahnpublic.com

 

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SOURCE Propane Education & Research Council

PRO Unlimited and Eightfold AI Announce Exclusive Partnership to Bring AI and Diversity & Inclusion to Modern Workforce Management

SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ — PRO Unlimited, the pioneer and leading modern workforce management solution provider in the industry, announced today an exclusive partnership with…

SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ — PRO Unlimited, the pioneer and leading modern workforce management solution provider in the industry, announced today an exclusive partnership with Eightfold AI, a talent intelligence pioneer and leader. Under the terms of the partnership, PRO will embed Eightfold’s AI technology into its contingent workforce management platform, including SaaS solutions, such as Wand Vendor Management System (VMS), Direct Sourcing and Diversity and Inclusion (D&I) offerings, to optimize its customers’ contingent hiring practices. Eightfold’s AI-driven talent intelligence, coupled with PRO’s 30 years of data and technology, will also increase the power of PRO’s contingent workforce management platform. It will enable the Global 2000 to more effectively and intelligently identify, engage and secure the best contingent talent in the world, while attaining diversity goals.  

As the economy rebounds, organizations will be hiring contingent workers ahead of the recovery while prioritizing areas within hiring, such as retention and D&I initiatives. However, many organizations lack the ability to harness machine-based learning, data and intelligence to not only source the best candidates, but also to drive their businesses forward. Eightfold AI’s talent intelligence and PRO’s contingent workforce management platform, including the world’s largest global market rate data repository, aim to solve this problem, which is one of the biggest pain points for companies today. 

PRO will embed Eightfold’s AI technology into its software to provide customers with features that enable more informed hiring, diversity and redeployment of workers anywhere in the world. This real-time matching and ranking of candidates drives faster, smarter hiring decisions at scale. This helps organizations secure the best talent, while reducing costs and increasing D&I. Managers eager to reduce manual tasks and increase efficiency will be able to more quickly and effectively identify candidates that align with a job’s requirements. Leading-edge job calibration capabilities and intuitive UI design offer these managers an easy, at-a-glance way to compare candidates side-by-side based on unbiased empirical data.

Using Eightfold AI’s technology, PRO will also be able to offer direct sourcing to its customers. This dramatically improves the experience that contingent specialty-skilled, white-collar workers go through during the hiring process, and will ultimately improve the Global 2000’s contingent worker brands. 

«Today, the modern workforce is massive, with roughly 43% of all skilled white-collar workers being contingent vs. full-time employees. Many organizations are aggressively and strategically pushing that number to 50% or 60% while simultaneously shifting to more and more diverse candidates. Within this expanding workforce segment, there is a huge opportunity to harvest the enormous amount of PRO’s data, deploy world-class machine-based learning to that data, and ultimately utilize it to make the process, quality, intelligence and cost of this massive modern workforce far superior than it is today,» said Kevin Akeroyd, CEO of PRO Unlimited. «We are excited to partner with a company that uses industry-leading AI technology to truly understand a candidate’s skill set or D&I attributes while generating recommendations to help inform hiring decisions.» 

Akeroyd added: «This is truly a game changer for our space. It will transform how our customers, which include some of the largest brands globally, source, develop and redeploy their workforces while lowering costs. Partnering exclusively in the contingent industry with this innovative talent intelligence company is something we are incredibly excited about.»

Eightfold AI’s talent intelligence platform brings together billions of anonymized data points, algorithms and domain expertise to make a reliable, scalable impact for enterprise organizations. The platform combines internal data with publicly available insights to predict future roles, as well as identify validated skills, likely skills and missing skills – speeding up the process substantially. Its AI technology uses the career paths of more than one billion profiles. This results in 90% less time screening, 80% faster time to interview, 70% more top candidates, 60% lower cost to hire, and due to its gender/anonymous evaluations, 0% bias. This is critical as Eightfold’s demographic-masking capabilities and its unique diversity analytics help block the biases in traditional hiring, understand barriers for candidates and create accountability. With the addition of the Eightfold partnership, PRO will offer an unparalleled suite of diversity offerings for the contingent workforce. 

«Partnering with PRO Unlimited is perfectly aligned with our mission of providing the right career to everyone in the world,» said Ashutosh Garg, Founder and CEO of Eightfold AI. «Together, we are able to bring Eightfold’s unique expertise and capability working with full-time employment to an entirely new, critical segment of customers in the rapidly growing, strategic, contingent workforce space.»

PRO’s embedding of Eightfold AI’s technology will roll out initially in Q1 2021 and iterate rapidly, driving continuous improvement and value creation, and be available for all PRO customers. 

About PRO Unlimited
PRO Unlimited offers the industry’s most comprehensive and holistic platform for contingent workforce management, and helps organizations around the world address the costs, risks and quality issues associated with managing the non-employee workforce. PRO’s platform consists of integrated SaaS software and services solutions that are built on the world’s most robust contingent workforce data set, spanning over 30 years. A pioneer and innovator in the industry, PRO’s platform provides solutions for the procurement and management of contingent labor, global rate intelligence, direct sourcing, 1099/co-employment risk management, third-party payroll, and diversity and inclusion. http://www.prounlimited.com

About Eightfold AI

Eightfold AI® delivers the Talent Intelligence Platform™, the most effective way for organizations to retain top performers, upskill and reskill the workforce, recruit top talent efficiently, and reach diversity goals. Eightfold AI’s deep learning artificial intelligence platform empowers enterprises to turn talent management into a competitive advantage. For more information, visit www.eightfold.ai. 

 

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SOURCE PRO Unlimited

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…

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.

Giant Recreation World Grants Camping Wishes to Florida Make-A-Wish Children

WINTER GARDEN, Fla., Jan. 26, 2021 /PRNewswire/ — Giant Recreation World, a Family Owned and operated RV Dealership, with three Central Florida Super stores has partnered with Make-A-Wish Central and Northern Florida foundation to grant the wishes of multiple Make-A-Wish children. The first wish will be granted January 2021 and will be followed by multiple other Wishes throughout the year.

Make-A-Wish Central and <span…

WINTER GARDEN, Fla., Jan. 26, 2021 /PRNewswire/ — Giant Recreation World, a Family Owned and operated RV Dealership, with three Central Florida Super stores has partnered with Make-A-Wish Central and Northern Florida foundation to grant the wishes of multiple Make-A-Wish children. The first wish will be granted January 2021 and will be followed by multiple other Wishes throughout the year.

Make-A-Wish Central and Northern Florida reached out to Giant Recreation World with the need for multiple Camper Wishes. It was a refreshing feeling to see how much camping was an interest of these Make-A-Wish children. Their love and aspirations for camping aligns with Giant Recreation World’s CEO Larry McNamara, whom also from a young age fell in love with the outdoors and the RV lifestyle. These aligned feelings in combination with the belief in the Make-A-Wish mission made it an easy decision to commit to grant multiple Wishes.

Giant Recreation World’s CEO Larry McNamara is no stranger to the Make-A-Wish foundation. Giant Recreation World has granted wishes for Make-A-Wish children in the past. «It is an honor to continue our involvement with such a great foundation like Make-A-Wish,» said CEO Larry McNamara. «We were very happy to see the number of children that shared my same love for the outdoors and RV lifestyle,» added McNamara. Aside from his involvement in community outreach efforts like Make-A-Wish, Larry McNamara has also been a devote advocate for other causes close to his heart. «It brings great joy to me being involved in such a meaningful program and I have our Partners at Forest River to thank for making this partnership possible,» said Larry McNamara.

About Make-A-Wish® Central and Northern Florida:

Make-A-Wish Central and Northern Florida creates life-changing wishes for children with critical illnesses. We seek to bring every eligible child’s wish to life because every child deserves a childhood. Research shows children who have wishes granted can build the physical and emotional strength they need to fight their illness. This year marks the 40th anniversary of the wish that inspired the founding of the organization in 1980, paving the way for the creation of the Make-A-Wish Central and Northern Florida in 1994. Since our chapter’s founding, more than 6,100 wishes have been granted for children in the local community. Together with generous donors, supporters, staff and more than 34,000 volunteers, Make-A-Wish Central and Northern Florida and 59 other chapters throughout the U.S. have granted more than 330,000 wishes nationwide. For more information about Make-A-Wish Central and Northern Florida and the 40th anniversary, visit wish.org/cnfl.

About Giant Recreation World:

Giant Recreation World is Central Florida’s #1 RV dealer – Proudly serving Florida’s RV community since 1976. Giant Recreation World combines the personal service that can only be given by a family-owned and operated dealership with the experience and staying power of having served over 40,000 happy customers. Our customer’s satisfaction is our number one priority. We go the extra mile to make sure that you have the most enjoyable and stress-free experience when purchasing – AND OWNING – your RV.

Media Contact:
Kristina Shrider
407-656-6444
289948@email4pr.com 

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SOURCE Giant Recreation World

Outlook on the Automotive Cloud Global Market to 2025 – Focus on Automotive Cloud Applications, Product Types, Market Competition, Emerging Opportunities, and Country Assessment

DUBLIN, Jan. 26, 2021 /PRNewswire/ — The «Automotive Cloud Market -…

DUBLIN, Jan. 26, 2021 /PRNewswire/ — The «Automotive Cloud Market – A Global and Regional Analysis: Focus on Automotive Cloud Applications, Product Types, Market Competition, Emerging Opportunities, and Country Assessment – Analysis and Forecast, 2020-2025» report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

The global automotive cloud market research provides a detailed perspective on the different types of products, their applications, and value estimation, among others. The principal purpose of this market analysis is to examine the automotive cloud market in terms of factors driving the markets, restraints, trends, and opportunities, among others.

The report further considers the market dynamics, supply chain analysis, and the detailed product contribution of the key players operating in the market. The global automotive cloud market report is a compilation of different segments, including market breakdown by product type, application, deployment type, vehicle type, region, and country.

The global automotive cloud market, based on application, has been segmented into infotainment, V2X, and telematics. The infotainment segment is expected to maintain its dominance during the forecast period in the global automotive cloud market.

The global automotive cloud market, by vehicle, has been segmented into passenger vehicles and commercial vehicles. The passenger vehicles segment dominated the global automotive cloud market in 2019 in terms of value and is expected to maintain its dominance through the forecast period.

Based on the region, the global automotive cloud market has been segmented into Asia-Pacific and Japan, Europe, the U.K., China, North America, Rest-of-the-World. Each region is segmented into countries. Data for each of these regions and countries is provided by product type and application.

Market Report Coverage – Automotive Cloud

Market Segmentation

  • Application Type – Infotainment, V2X, Telematics
  • Vehicle Type – Passenger Vehicles and Commercial Vehicles
  • Deployment – Private Cloud and Public Cloud

Regional Segmentation

  • North America – U.S., Canada, and Mexico
  • Europe – Germany, France, Spain, and Rest-of-Europe
  • Asia-Pacific and Japan (APJ) – Japan, South Korea, India, Rest-of-Asia-Pacific and Japan
  • U.K.
  • China
  • Rest-of-the-World

Key Companies Profiled

Harman International, Robert Bosch GmbH, Verizon Communications, Inc., Continental AG, Denso Corporation, Sierra Wireless, Tomtom International, Ericsson AB, Airbiquity, Blackberry Limited, Visteon Corporation, Telenav, Microsoft, Amazon Web Services, Inc. and LG Electronics

Key Questions Answered in this Report:

  • What are the underlying structures resulting in the emerging trends within the automotive cloud market?
  • How are cloud service manufacturers, automotive original equipment manufacturers (OEMs), regulatory bodies, and tier -1 manufacturers, among others, entering the market?
  • What is the role of governments regarding the changing landscape of the automotive cloud industry?
  • Which application of the automotive cloud market is expected to lead the market by 2025?
  • What was the market value of the leading regional markets, their segments, and sub-segments in 2019, and how is the market estimated to grow during the forecast period 2020 -2025?
  • How is the industry expected to evolve during the forecast period 2020 -2025?
  • What are the key developmental strategies that are implemented by the key players to sustain the competitive market?

Key Topics Covered:

1 Markets
1.1 Industry Outlook
1.1.1 Automotive Cloud: Overview
1.1.1.1 Timeline: Emergence and Evolution of Connected Vehicles
1.1.2 Supply Chain Network/MAP
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Regulations and Regulatory Bodies
1.1.4 Trends: Industry Dynamics Defining the Future in Automotive Cloud Market
1.1.4.1 Connected and Autonomous Vehicle Industry Analysis
1.1.4.1.1 Introduction
1.1.4.1.2 By Region
1.1.4.1.2.1 North America
1.1.4.1.2.2 Europe
1.1.4.1.2.3 Asia-Pacific
1.1.4.1.2.4 Latin America
1.1.4.1.2.5 Middle East
1.1.4.1.3 Vehicle-to-Everything Communication
1.1.4.1.3.1 North America
1.1.4.1.3.2 Europe
1.1.4.1.3.3 China
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Increasing Number of Connected Vehicles
1.2.1.2 Growing Demand for IoT and 5G Communication for Vehicle Connectivity
1.2.1.3 Changing Consumer Preferences Toward Advanced Vehicle Applications
1.2.2 Business Challenges
1.2.2.1 Increasing Threats of Cyber Attacks
1.2.2.2 Legal Issues of HD Map
1.2.3 Business Strategies
1.2.3.1 Product Development
1.2.3.2 Market Development
1.2.4 Corporate Strategies
1.2.4.1 Partnerships and Collaborations
1.2.5 Business Opportunities
1.2.5.1 Integration of Blockchain in Cloud
1.2.5.2 Enhanced Demand for Ride-Sharing Services and Autonomous Vehicles
1.2.5.3 Transition from Semi-Autonomous Vehicles to Fully Autonomous Vehicles

2 Application
2.1 Global Automotive Cloud Market, Applications and Specifications
2.1.1 Infotainment
2.1.2 Vehicle-to-Everything (V2X)
2.1.3 Telematics
2.2 Demand Analysis for Automotive Cloud Market (by Application), Value Data
2.2.1 Infotainment
2.2.2 Vehicle-to-Everything Communication
2.2.3 Telematics

3 Products
3.1 Global Automotive Cloud Market, Products and Specifications
3.1.1 Automotive Cloud Market (by Deployment Type)
3.1.1.1 Private Cloud
3.1.1.2 Public Cloud
3.1.2 Automotive Cloud Market (by Vehicle Type)
3.1.2.1 Passenger Vehicles
3.1.2.2 Commercial Vehicles
3.2 Demand Analysis for Automotive Cloud Market (by Product), Value Data
3.2.1 Demand Analysis for Automotive Cloud Market (by Deployment Type), Value Data
3.2.1.1 Private Cloud
3.2.1.2 Public Cloud
3.2.2 Demand Analysis for Automotive Cloud Market (by Vehicle Type), Value Data
3.2.2.1 Passenger Vehicles
3.2.2.2 Commercial Vehicles

4 Region
4.1 North America
4.2 Europe
4.3 U.K.
4.4 China
4.5 Asia-Pacific and Japan (APJ)
4.6 Rest-of-the-World (RoW)

5 Markets – Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.2 Company Profiles
5.2.1 Harman International
5.2.1.1 Company Overview
5.2.1.2 Role of Harman International in Automotive Cloud Market
5.2.1.3 Product Portfolio
5.2.1.4 Patent Analysis
5.2.1.4.1 Product Developments
5.2.1.5 Corporate Strategies
5.2.1.5.1 Partnerships and Collaborations
5.2.1.6 Competitive Position
5.2.1.6.1 Strength of the Company
5.2.1.6.2 Weakness of the Company
5.2.2 Robert Bosch GmbH
5.2.3 Verizon Communications, Inc.
5.2.4 Continental AG
5.2.5 Denso Corporation
5.2.6 Sierra Wireless, Inc
5.2.7 TomTom International BV
5.2.8 Ericsson AB
5.2.9 Airbiquity Inc.
5.2.10 BlackBerry Limited
5.2.11 Visteon Corporation
5.2.12 Telenav, Inc.
5.2.13 Amazon Web Services, Inc.
5.2.14 Microsoft Corporation
5.2.15 LG Electronics

6 Research Methodology

For more information about this report visit https://www.researchandmarkets.com/r/yokzjk

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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SOURCE Research and Markets

Anago Cleaning Systems Welcomes New Master Franchise in Denver, Colorado

DENVER, Jan. 26, 2021 /PRNewswire/ — Anago Cleaning Systems, an industry-leading commercial cleaning franchise with over 1,700 Regional and Unit Franchises throughout the U.S. and Canada, announced its newest franchise owners in Denver,…

DENVER, Jan. 26, 2021 /PRNewswire/ — Anago Cleaning Systems, an industry-leading commercial cleaning franchise with over 1,700 Regional and Unit Franchises throughout the U.S. and Canada, announced its newest franchise owners in Denver, Colorado. Father and son team, Dante and Alex Caravaggio will lead the Anago unit franchise expansion in the Centennial State.

Denver continues to be one of the fastest growing cities in the US as businesses and entrepreneurs continue to invest in Colorado. As the COVID-19 pandemic continues, Anago of Denver is positioned to remain on the frontlines, keeping businesses as disinfected and safe as possible until the virus is controlled and stopped. Like all businesses, Anago experienced a slow-down in the early months of the pandemic but recovered quickly with specialized disinfecting services emerging as the most requested cleaning program.

«Dante and Alex are exemplary Master Franchise owners, each bringing unique business, finance and leadership qualities and experience to the Anago family,» said Adam Povlitz, CEO & President of Anago Cleaning Systems. «We’re excited to continue offering Denver-based entrepreneurs the opportunity to own their own Anago commercial cleaning unit franchise.»

When discussing the Master Franchise model, Dante Caravaggio said, «Unit franchise opportunities are a wonderful way to step into the world of business ownership. We have met several extremely successful unit franchise owners who have reaped the benefits for over 20 years. While we do our best to provide unit franchise owners the tools and support needed to succeed, the success of their business is ultimately on them. A unit franchise can be as large or small as they choose to be.»

Both engineers in the oil and gas industry with more than 50 years combined experience, Dante and Alex have found a new passion working side-by-side.

«This is an opportunity for my father and I to work together in a business,» said Alex Caravaggio. «We saw that Anago had a recession-resistant model that provided several revenue streams to ensure better business stability. Anago’s reputation, stability and performance within a recession-proof industry is something I feel very confident in continuing to build and offer in the Denver metroplex area.» 

Anago Cleaning Systems is a pioneer of the franchise system for both master and unit franchises, which allows successful mid-career professionals to operate their own exclusive regional franchises, while allowing small businesses to invest in their success. Both levels simply focus on running their business while Anago Cleaning Systems provides assistance, guidance, and critical tools to grow.

The Anago Denver office is located at 9101 Harlan St #310, Westminster, CO 80031 and can be reached by calling 720-694-8931. To explore Regional franchise opportunities with Anago, contact Judy Walker, Senior Vice President of Marketing, at 800-213-5857 or judy@anagocleaning.com or visit http://www.AnagoMasters.com.

About Anago Cleaning Systems

Anago Cleaning Systems is an international commercial cleaning franchise brand. Utilizing the Master Franchise System, Anago supports over 45 Master Franchisees and over 1,700 Unit Franchisees.  Founded in 1989, Anago has set the worldwide standard in business support and structure for local and regional companies to provide unparalleled cleaning services to businesses of all kinds. Anago was ranked #33 overall by Entrepreneur magazine in its latest Franchise 500® ranking. For further information, visit its website at AnagoMasters.com.

Press Contact: Perry Athanason/TopFireMedia/ 289962@email4pr.com /917-319-2126.

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SOURCE Anago Cleaning Systems

Terrafugia Announces FAA Special Light-Sport Airworthiness Certificate

WOBURN, Mass., Jan. 26, 2021 /PRNewswire/ –Terrafugia, Inc. announced today that it has reached a significant milestone by obtaining an FAA Special Light-Sport Aircraft (LSA) airworthiness certificate for its Transition® roadable aircraft.

As a unique integration of a two-seat aircraft and an automobile, the Transition® is designed to meet safety standards from both the Federal Aviation Administration (FAA) and the National Highway and Traffic Safety Administration…

WOBURN, Mass., Jan. 26, 2021 /PRNewswire/ –Terrafugia, Inc. announced today that it has reached a significant milestone by obtaining an FAA Special Light-Sport Aircraft (LSA) airworthiness certificate for its Transition® roadable aircraft.

As a unique integration of a two-seat aircraft and an automobile, the Transition® is designed to meet safety standards from both the Federal Aviation Administration (FAA) and the National Highway and Traffic Safety Administration (NHTSA).

The vehicle that received the certificate is legal for flight and represents the initial version of the Transition® roadable aircraft. Terrafugia will produce and sell additional initial (flight-only) versions to interested parties and will evolve the driving portion of the Transition® design, with the goal of being legal both in the sky and on local roads in 2022.

«We are excited to have reached our goal of an airworthiness certificate for the initial version,» said Kevin Colburn, Vice President and General Manager of Terrafugia. «During an extremely challenging pandemic year, our team remained focused, improved our quality system, completed the critical aspects of the design, built the vehicle, completed 80 days of flight testing, delivered 150 technical documents, and successfully passed the FAA audit. This is a major accomplishment that builds momentum in executing our mission to deliver the world’s first practical flying car.»

About the Transition®

The initial version of the Transition® provides pilots and flight schools with an aircraft featuring enhanced safety capabilities and the latest avionics. Powered by a 100-hp Rotax 912iS Sport fuel-injected engine with a 2,000 hr TBO, the vehicle has a flight speed of 100 mph and runs on either premium gasoline or 100LL airplane fuel. Standard features include a Dynon Skyview avionics package, an airframe parachute, four-wheel hydraulic disc brakes, a rigid carbon fiber safety cage, and folding wings to allow storage in a single-car garage.

About Terrafugia, Inc.

Terrafugia, Inc., a leader in the aviation and mobility revolution, is developing innovative transportation technologies. Terrafugia’s team of experienced engineers, designers, technicians, and business professionals combines aviation and automotive expertise to pursue the future of personal transportation.

Media Contact:
Fred Bedard
Manager, Business Development
508.733.4336
289903@email4pr.com
www.Terrafugia.com

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SOURCE Terrafugia, Inc.