Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Automotive Industry Today.

LeddarTech Received Notice from Nasdaq Regarding Delisting and Announces Filing under the Bankruptcy and Insolvency Act in Canada
QUEBEC CITY, June 19, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous...

Mayhew Tools Unveils Professional-Grade 21 Pc. Punch and Chisel Foam Set
A durable and organized solution for precision work across industries TURNERS FALLS, MA, UNITED STATES, June 19, 2025 /EINPresswire.com/ -- Mayhew Steel Products, Inc. (Mayhew Tools) announces the launch of its new 21 Pc. Punch and Chisel Foam...

1000 Miglia 2025 on the third afternoon of the race
BRESCIA, Italy, June 19, 2025 (GLOBE NEWSWIRE) -- Having left from the lunch break during the race in Arezzo, which welcomed the Red Arrow after four years of absence, the crews headed to San Sepolcro. In the Arezzo hamlet of Palazzo del Pero, at...

Electric Motor Market to Hit $373.9 Billion by 2032, Driven by EVs and Industrial Automation
Electric Motor Market to Hit $373.9 Billion by 2032, Driven by EVs and Industrial Automation NEW CASTLE, DE, UNITED STATES, June 19, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Electric Motor Market by Motor...

UltraStore Mid-Load ASRS System Increases Storage Density and Reliability
The UltraStore Mid-Load ASRS is engineered to provide a perfect balance between storage density, system flexibility, reliability, and cost-effectiveness. WIXOM, MI, UNITED STATES, June 19, 2025 /EINPresswire.com/ -- Integrated Systems Design...

How Machine-Grade ABS Reduces Downtime and Maintenance Costs in Industrial Machinery
Machine-grade ABS helps reduce equipment wear and maintenance needs across various industrial applications. SACRAMENTO, CA, UNITED STATES, June 19, 2025 /EINPresswire.com/ -- The manufacturing industry requires materials for industrial machinery...

Global Sweet Biscuit Market Expected to Register a CAGR of 5.35% During 2025–2030, Says Mordor Intelligence
Sweet biscuit market is driven by urban lifestyles, and demand for healthier, innovative snack options like gluten-free and functional ingredients. HYDERABAD, TELANGANA, INDIA, June 19, 2025 /EINPresswire.com/ -- As per a report by Mordor...

Airgain Launches Industry’s First Commercially Available Cat 1 bis Embedded Modem Certified for Customer End-Applications
Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions, today announced the launch of the NimbeLink Skywire™ Cat 1 bis Embedded Modem, the industry’s first plug-and-play Cat 1 bis modem for end-application use in...

Manufacturing Industry Visionary Dale Lundtvedt Joins rSTAR Advisory Council
System Integrator rSTAR Technologies Offers Clients Extensive Industry Insights and Innovation Through Its Advisory Council WESTMONT, IL, UNITED STATES, June 19, 2025 /EINPresswire.com/ -- rSTAR Technologies, a full-service specialized system...

UK Secures Major Tariff Reductions in U.S. Trade Deal
(MENAFN) The United Kingdom has achieved major tariff cuts through a newly finalized trade agreement with the United States, announced on Tuesday during the G7 summit in Canada. Prime Minister Keir Starmer and US President Donald Trump formally...

Liquidity Services Appoints Paul J. Hennessy to its Board of Directors
BETHESDA, Md., June 19, 2025 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced that Paul J. Hennessy has been appointed to the...

Industrial Maintenance Services Market to Grow from $49 Billion in 2021 to $85.8 Billion by 2031, with a CAGR of 5.6%
Industrial Maintenance Services Market to Grow from $49 Billion in 2021 to $85.8 Billion by 2031, with a CAGR of 5.6% WILMINGTON, DE, UNITED STATES, June 19, 2025 /EINPresswire.com/ -- The global 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐦𝐚𝐢𝐧𝐭𝐞𝐧𝐚𝐧𝐜𝐞 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭, valued at...

Automotive Headliner Market to Exceed USD 33.3 Billion by 2035 on Back of Lightweight Designs and Luxury Interiors
Automotive headliner market grows rapidly, fueled by demand for lightweight materials and high-end vehicle interior aesthetics. NEWARK, DE, UNITED STATES, June 9, 2025 /EINPresswire.com/ -- The automotive headliner market is expected to grow...

Automotive Chassis Dynamometer Market Analysis: Key Trends, Share, Growth Drivers, And Forecast 2025-2034
The Business Research Company's Automotive Chassis Dynamometer Global Market Report 2025 – Market Size, Trends, And Global Forecast 2024-2033 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /EINPresswire.com/ -- The automotive chassis...

Automotive Collision Repair Market Growth: Projected To Reach $270.44 Billion By 2029 With An Impressive 5.7% CAGR
The Business Research Company's Automotive Collision Repair Global Market Report 2025 – Market Size, Trends, And Global Forecast 2024-2033 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /EINPresswire.com/ -- The remarkable and steady...

Integrated Automotive Services Joins the Automotive Management Network
Integrated Automotive Services in Easton, PA, is now part of the Automotive Management Network, expanding its industry commitment to best practices. EASTON, PA, UNITED STATES, June 12, 2025 /EINPresswire.com/ -- Integrated Automotive Services...

Citius Insurance Launches Comprehensive Automobile Insurance in Tampa, FL
Automobiles offer convenience, but rising traffic and risks make protection essential. Citius Insurance offers tailored policies for every driver. RIVERVIEW, FL, UNITED STATES, June 12, 2025 /EINPresswire.com/ -- Citius Insurance, a trusted name...

Automotive Radar Market worth $31.45 billion by 2030 - Exclusive Report by The Research Insights
The automotive radar market is projected to reach USD 31.45 billion by 2030, growing at a CAGR of 29.30% according to a new report by The Research Insights. CHICAGO, IL, UNITED STATES, June 9, 2025 /EINPresswire.com/ -- Market Overview and...

FCPT Announces Acquisition of an Automotive Service Property for $5.8 Million
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the...

Governor Newsom signs executive order doubling down on state’s commitment to clean cars and trucks, kickstarts next phase of leadership
Today’s executive order: Reaffirms the state’s commitment to zero-emission vehicle (ZEV) deployment Initiates the development of Advanced Clean Cars III regulation to advance new strategies for emissions reduction Updates state purchasing...