Tag: auto accessories store

Car Care Products Market 2023-2027: Highlights on Global Supply Chain, Covid Analysis and RecoveryCar Care Products Market 2023-2027: Highlights on Global Supply Chain, Covid Analysis and Recovery

September 1, 2024September 1, 2024| 9:21 am

NEW YORK, Jan. 23, 2023 /PRNewswire/ — According to Technavio, the global car care products market size is estimated to grow by USD 3585.56 million from 2022 to 2027. The market is estimated to grow at a CAGR of 5.48% during the forecast period. The COVID-19 outbreak had a severely negative effect on the global automotive components and accessories market’s growth in 2020. Additionally, trade operations were negatively impacted in the first half of 2020 as a result of the rigorous social distance and travel limitations that were put into place. This impacted the expansion of [...]

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Stock Traders Buy High Volume of Rivian Automotive Call Options (NASDAQ:RIVN)Stock Traders Buy High Volume of Rivian Automotive Call Options (NASDAQ:RIVN)

August 14, 2024August 14, 2024| 9:14 am

Rivian Automotive, Inc. (NASDAQ:RIVN – Get Rating) saw unusually large options trading activity on Monday. Traders purchased 107,941 call options on the stock. This represents an increase of approximately 23% compared to the average volume of 87,432 call options. Insider Transactions at Rivian Automotive In other news, CFO Claire Mcdonough sold 14,235 shares of the business’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $34.92, for a total transaction of $497,086.20. Following the transaction, the chief financial officer now owns 81,151 shares in the company, valued at approximately [...]

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Automotive Brake Components Aftermarket Market to Grow at YOY of 2.53% between 2022 and 2023, Insights on Post- Covid Analysis and Recovery-TechnavioAutomotive Brake Components Aftermarket Market to Grow at YOY of 2.53% between 2022 and 2023, Insights on Post- Covid Analysis and Recovery-Technavio

August 13, 2024August 13, 2024| 9:18 am

NEW YORK, Jan. 23, 2023 — According to Technavio, the global automotive brake components aftermarket market size is estimated to grow by USD 14.07 billion from 2022 to 2027. The market is expected to grow at a CAGR of 3.2%. Moreover, the growth momentum will accelerate. COVID-19 negatively impacted the growth of the market, as the demand for new cars declined in 2020. However, developed economies in APAC, namely Japan, South Korea, and Australia, have been able to control COVID-19, which will support market growth in these countries. China has also controlled the spread of the disease and resumed manufacturing… [...]

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Union momentum heats up in Canada’s auto parts sectorUnion momentum heats up in Canada’s auto parts sector

June 26, 2023June 26, 2023| 6:45 pm

LONDON—More than 150 auto parts workers at Sodecia Automotive hot stamping facilities in London, Ontario voted to join Unifor last month after a year-long union drive. “Auto parts workers understand that joining Unifor means driving higher standards of living for workers across the industry,” said Lana Payne, Unifor National President. “Momentum is growing across the sector to join our union as workers look to secure a better future for themselves, their families and their communities.” Workers at Sodecia Automotive manufacture a wide range of auto parts for major automakers including General Motors and Tesla. After successfully voting to join the… [...]

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