Automotive Press Releases

Faraday Future Intelligent Electric Inc.a California-based global shared intelligent electric mobility ecosystem company, announced that a number of its senior leadership have entered into 10b5-1 executive stock purchase plans. Under SEC compliance rules, there will be either a 45 or 90-day cooling-off period, after which their broker will automatically execute the stock purchases at times and in amounts in accordance with the plans.

In a bold expansion move that underscores its national dominance in the custom truck space, Apocalypse Manufacturing and its exclusive retailer, SoFlo Customs, are proud to announce the grand opening of their newest dealership and experience center in the heart of Tampa. Officially opened on June 2, this northern located facility gives fans and future owners a firsthand experience of the industry's most jaw-dropping builds—right on Florida's "Suncoast."

Bridgestone Americas announced the debut of the all-new Bridgestone Turanza EverDrive touring tire. Backed by an 80,000-mile limited warranty1 — Bridgestone's longest mileage warranty — the Turanza EverDrive tire features a next-generation compound that helps protect against irregular and premature wear. Engineered for sedans, CUVs and minivans, the Turanza EverDrive tire can give drivers a sense of serenity and security with confident stopping power in wet, dry, and light snow conditions2, thanks to Bridgestone's ENLITEN™ Technology.

Plus Automation Inc. ("Plus"), a Physical AI company commercializing AI-based virtual driver software for autonomous trucks, and Churchill Capital Corp IX (Nasdaq: CCIX) ("Churchill IX"), a special purpose acquisition company, announced that they have entered into a definitive business combination agreement. Upon closing of the transaction, the combined company will operate as PlusAI.

Polestar (Nasdaq: PSNY) announces that in conjunction with its Annual General Meeting (AGM) to be held in London on 30 June 2025, certain changes to the Company’s Board of Directors are being submitted for shareholder approval. 

Allison Transmission, a world leader in commercial vehicle transmissions, is excited to announce that its 3000 Series™ automatic transmission is now available in the CNG-powered Mack Granite® for waste management customers. This latest release follows the successful launch of the Allison 4500 Rugged Duty Series™ transmission with the Mack Granite CNG in 2023.

Vision-AI expert oToBrite is partnering with SINTRONES to showcase their latest AI depth vision application using only a single automotive camera module at COMPUTEX 2025. This innovative system enables depth imaging and distance estimation with just a single camera module and an in-vehicle computing platform.

Toyota announces a new, rugged addition to its Battery-Electric Vehicle (BEV) lineup with the first-ever 2026 bZ Woodland.

Zeon Corporation (Zeon) and Sino Applied Technology (SiAT) are thrilled to announce the signing of a strategic partnership in Taoyuan, Taiwan. As part of this collaboration, Zeon will lead a $20 million USD Series C fundraising round in SiAT to support the expansion of its production capacity for single-walled carbon nanotube (SWCNT) conductive paste, a critical nanomaterial for next-generation battery technologies.

With nearly 75 years of manufacturing experience in the heavy-duty truck market, the Merritt family of companies, which is comprised of Merritt Aluminum Products and Merritt Trailers, is proud to announce its acquisition of Magnum Trailer & Equipment, a respected British Columbia, Canada-based company with three divisions: Truck Accessories, Trailer Manufacturing, and Service.