Tidal Wave Auto Spa Celebrates Opening of 3 Brand-New Locations This Week
Top 10 Conveyor Car Wash Company Expands in Alabama, Arkansas, and North Carolina
THOMASTON, Ga., June 9, 2023 (New…
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Powersports Listings Mergers & Acquisitions Announces New Ownership at Gresham Powersports of Gresham, OR
After 10 years under prior ownership, Gresham Powersports of Gresham, OR, has new ownership for the KTM, Husqvarna, GasGas, Yamaha, and Bad Boy Mowers dealership.
Gresham Powersports – Deal Closing Day
From left – Mike Pate (VP of PLMA), Nate DeRoss (Seller), Phillip Saraceno (New Owner), Karla Brand-Saraceno (New Owner and Phillip’s wife)
GRESHAM, Ore., June 9, 2023 (Newswire.com)
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Power Investments, LLC has acquired Gresham Powersports with principal owners Phillip Saraceno along with his wife Karla Brand-Saraceno. Gresham Powersports boasts a strong brand lineup of KTM, Husqvarna, GasGas, Yamaha, and Bad Boy Mowers and operates from a spacious facility on 1.5 acres in Gresham, Oregon, situated 12 miles east of Portland.
Selling owner Nate DeRoss established the dealership in 2013 and grew the business to sales of more than 1,100 combined new and used units per year. Upon the decision to sell the dealership, Nate contacted Mike Pate, Vice President of Powersports Listings Mergers & Acquisitions (PLMA), for guidance and was engaged by Nate to represent him in the marketing effort and management of a potential buy-sell transaction.
Pate interviewed a number of potential buyers for Gresham Powersports and identified an automotive executive from the neighboring city of Ridgefield, Washington, as the perfect fit to acquire the dealership.
Mike Pate, along with PLMA’s CIO David Clay, were on-site to manage final reconciliations and funding with the closing taking place on June 1, 2023.
Phillip Saraceno stated, “Mike Pate and Powersports Listings made a lifelong dream of mine of owning a dealership come true. They worked hard for us throughout the process and helped us cross the finish line. The insight and knowledge they provided was beyond helpful. Their service is second to none and we’re very grateful to have worked with Mike, David, and their team.”
Mike Pate stated, “Our team has always thrived on the ability to bring in new Powersports owner-operators from other industries. It’s a great feeling to see an entrepreneur launching a dream and another entrepreneur’s dream fulfilled at the same time.”
Powersports Listings Mergers & Acquisitions (PLMA), the professional powersports industry dealership brokerage centrally located in Dallas, Texas, managed the transaction as the Seller’s representative with team members:
Tom Macatee, CEO
David Clay, CIO
Jerry Szopinski, President of Sales & Networking
Mike Pate, Vice President
Jaye Sanders, Managing Director
Contact Information:
Tom Macatee
CEO
800-399-4654 x 101
Original Source:
Powersports Listings Mergers & Acquisitions Announces New Ownership at Gresham Powersports of Gresham, OR
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WyoTech Announces Inaugural Hall of Fame Class
The leading automotive, diesel and collision trade school has inducted six alumni during a ceremony on June 2.
LARA…
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Tactile Mobility Unveils Its Global Cloud-Enhanced Grip Map Solution
Tactile Mobility’s newly released Cloud-Enhanced Grip Map Solution generates data on road conditions in real-time to inform drivers, improve tire grip, and mitigate weather-related accidents.
HAIFA, Israel, May 30, 2023 (Newswire.com)
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Tactile Mobility, a provider of tactile data and virtual sensing technology, has released its Cloud-Enhanced Grip Map to deliver insights about tire grip on any stretch of road, worldwide, in real-time. The solution was unveiled last week at EcoMotion 2023 in Tel Aviv.
The Cloud-Enhanced Grip Map aims to mitigate weather-related safety risks by providing real-time insights into driving conditions and anticipated road friction levels. This information helps drivers and vehicles to adjust speed, braking, and vehicle dynamics according to the changing road conditions ahead of the vehicle.
In the U.S. alone, over 1.2 million crashes annually are weather-related, stemming from poor road conditions during rain, snow, sleet, and ice. In addition, more than 70 percent of weather-related accidents happen on wet pavement. But real-time insights into road conditions and expected friction levels can reduce the risk of accidents caused by adverse weather conditions.
Tactile Mobility’s solution is made possible using software embedded into a vehicle electrical control unit (ECU), which collects data from a variety of existing vehicle sensors to create new metrics such as grip estimation. This onboard vehicle data is then uploaded to the tactile cloud, where it is normalized to reflect the average surface grip.
An unlimited number of vehicles can simultaneously contribute data to the grip map, where it is augmented with weather data, creating a comprehensive and real-time global grip map in different environmental conditions.
“Tactile Mobility’s Cloud-Enhanced Grip solution provides drivers and vehicles with real-time information about road conditions and tire grip, allowing them to identify potential hazards and take informed actions,” said Shahar Bin-Nun, CEO of Tactile Mobility. “In addition, the software can calculate the unique grip of each vehicle, delivering highly accurate and relevant insights to the driver. This proactive approach empowers drivers to make informed decisions and stay safe on the road.”
Benefits to a variety of stakeholders
Drivers: Provides real-time information on road conditions and tire grip, allowing drivers to identify potential hazards and take informed actions
OEMs and Tier-1s: Provides valuable insights into vehicle-road dynamics, to enhance safety features and improve driving experience.
Governments and municipalities: Can monitor road conditions and prioritize maintenance and repair efforts. This can help reduce the number of weather-related accidents and improve overall road safety.
Fleet operators: Monitors and optimizes the performance of a fleet of vehicles, reducing maintenance costs and downtime while improving driver safety.
About Tactile Mobility
Tactile Mobility is a leading provider of software-based solutions for tactile sensing and data analysis that is transforming the mobility sector. By leveraging existing vehicle sensors and advanced artificial intelligence, the company equips vehicles with the critical sense of “touch” to feel the road. This allows them to collect and analyze first-order data in real-time, providing valuable insights into vehicle-road dynamics.
Contact Information:
Daniela Davila
PR Manager
Original Source:
Tactile Mobility Unveils Its Global Cloud-Enhanced Grip Map Solution
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ProEV’s Investments Pay Off as Commercial EV Sector Grows
New dedicated facility for design and manufacturing of electric vehicle components positions firm for growth alongside truck and bus OEMs.
MONTREAL, May 30, 2023 (Newswire.com)
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The electric vehicle (EV) sector’s exponential growth continued in the first half of 2022, with a 62% increase in global sales over the same period in 2021. Market expert McKinsey & Co. predicts EVs will dominate the truck market by 2035. Anticipating these trends, Promark Electronics, in 2015, created its ProEV™ division, which has made recent investments in technology, enhanced systems, and talent to position itself as a leading interconnect solutions supplier to commercial EV manufacturers. In 2021, Promark Electronics was acquired by Electrical Components International, a global wire harness engineering and manufacturing business, to position itself as the leader in commercial vehicle electrification.
“Promark was already a well-established supplier of electronic components for the aerospace and defense industry and realized that the industry’s need for top-quality, safety-critical parts aligned well with the EV sector,” said Jarred Knecht, president of the ProEV™ and Promark divisions.
“We did our research and realized that we wanted to be in vehicle electrification, the single largest change in propulsion systems in 100 years, the biggest change in our lifetimes. You just can’t ignore this market,” Knecht said.
In August, ProEV™ opened the largest dedicated EV electrification facility in North America, the culmination of years of investing in manufacturing and quality-control technology and engineering, design, and technician professionals.
“We don’t have difficulty attracting people to join our team,” Knecht said. “As soon as we tell them we’re working on the next generation of transportation, the mission, and the sector that we’re serving, it’s a self-fulfilling process. Everyone wants to be a part of it.”
Knecht says ProEV™ is positioned for the industry’s future growth. The commercial EV market is poised for tremendous growth. “The transition to ZE vehicles will disrupt the entire truck value chain and its players,” states the McKinsey September 2022 report. By 2024, OEMS will have 70 models of EV trucks on the market, and by 2035, the consulting firm said, the majority of new trucks sold in the United States, European Union and China will be electric.
Market intelligence and advisory firm Mordor Intelligence reported that the commercial EV market, valued at $67.51 billion in 2021, is projected to reach $258.78 billion by 2027. One driver in the United States is new regulatory requirements. While most commercial trucks, vans, and buses on the roads today are diesel-fueled vehicles, proposed legislation, like the Safer Affordable Fuel-Efficient (SAFE) vehicles rule, may mandate OEMs to manufacture a certain number of zero-emission vehicles.
Those trends have Knecht forecasting a strong market for ProEV™’s new facility and expanded workforce. “OEMs are ready to build vehicles, designs are strong, and the value proposition for transitioning to an EV fleet is compelling,” he said. “We are excited to support this once-in-a-lifetime change in transportation in North America.”
Please visit https://proelectricvehicle.com/ to learn more.
About ProEV™
ProEV™, a division of Electrical Components International (ECI), www.ecintl.com, is a center of excellence for electric vehicles within ECI. The company serves global electric vehicle players in the development and manufacture of their vehicle platforms. Founded in 1953, Electrical Components International is one of the world’s leading suppliers of electrical distribution systems, control box assemblies, and other critical engineered components for diverse markets. With 25,000 employees and 40 manufacturing locations worldwide, ECI creates smart, connected, and electrified solutions that enable the most advanced technologies to solve the most complex challenges. To learn more about ProEV™, visit https://proelectricvehicle.com.
Contact Information:
Maria Penaloza
Press Contact
Original Source:
ProEV’s Investments Pay Off as Commercial EV Sector Grows
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Tidal Wave Auto Spa Hosts Second Annual Women’s Conference in Thomaston, GA
Top 10 Conveyor Car Wash Company Empowers Female Leadership with ‘Women of the Wave’ Program
THOMASTON, Ga., May 26, 2023 (Newswire.com)
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Tidal Wave Auto Spa hosted their second-annual ‘Women of the Wave’ conference, inviting female leadership from across the footprint to the home office in Thomaston, GA, for two days of networking, fellowship, and leadership development.
The ‘Women of the Wave’ program was launched by Tidal Wave in 2022 to encourage and empower female Site Leaders, Trainers, and Assistant Site Leaders. The annual women’s conference provides a unique opportunity to bring female leadership together from across the company’s 21 state footprint to network with their peers and further develop leadership skills essential to running a successful site.
“Tidal Wave was conceived by a woman, co-founded by a woman, and built specifically with a woman’s needs and considerations in mind,” said Hope Blackstock, Co-Founder of Tidal Wave Auto Spa. “Women hold this company together, and it is important to provide this opportunity to empower and encourage the incredible women managing our locations.”
The second annual event featured speakers, Hope Blackstock, Co-Founder of Tidal Wave Auto Spa, and Dr. Lori Auten, CEO of Focus Consulting Group.
About Tidal Wave Auto Spa
Tidal Wave Auto Spa is an industry-leading conveyor car wash company founded in 1999 by Scott and Hope Blackstock in Thomaston, GA. Tidal Wave is committed to providing cutting-edge car care technology and exceptional customer service at each of their 165 locations across 21 states. In 2020, Tidal Wave partnered with Golden Gate Capital to facilitate their accelerated growth across the country. Tidal Wave is one of the top 10 conveyor car washes in the country and was included in the 2020 Inc. 5000 list for America’s Fastest Growing Companies. The company was recently recognized as a 2023 Champion of Charity Honoree by Professional Carwashing & Detailing and has donated over $1 million dollars to charitable efforts.
Contact Information:
Andrea Traylor
Director of Digital Marketing
Heather Coleman
Marketing Manager
Original Source:
Tidal Wave Auto Spa Hosts Second Annual Women’s Conference in Thomaston, GA
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Step One Automotive Group Announces Festival of Speed
PENSACOLA, Fla., May 24, 2023 (Newswire.com)
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Join Step One Automotive Group for an unforgettable experience at the Festival of Speed on Saturday, June…
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Tidal Wave Auto Spa Celebrates Opening of New Lake City, FL Location
Top 10 Conveyor Car Wash Company Adds 11th Florida Location
THOMASTON, Ga., May 24, 2023 (Newswire.com)
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Tidal Wave Auto Spa Celebrates Grand Opening in Florence, AL
Top 10 Conveyor Car Wash Company Adds 12th Location in Alabama
THOMASTON, Ga., May 18, 2023 (Newswire.com)
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Adpearance Announces Certifications in the Mazda Retail Go to Market+ Program
Mazda selects Adpearance as a certified partner for dealers in their Retail Go To Market+ Program for Digital Advertising, SEO, Ad Technologies, Reputation Management, Social Media, Custom Video Production, and Foureye…
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