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Automatic, CVT, or DCT: Which transmission type is right for you?


The Globe and Mail
Lou Trottier
Published April 3, 2021
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Now that manual transmission is quickly becoming a thing of the past, queries about the differing automatic transmission types have greater relevance.
First up, the fully automatic transmission is what most of us are familiar with. For years, the only two choices on the dealership floor were a manual or an automatic transmission. Unlike a manual transmission, an automatic transmission employs a torque converter – a coupler that transfers rotating power from the engine to the transmission using fluid instead of a mechanical connection like a clutch.
Bicycles are a great way to explain why gears are used in this style of transmissions. Your legs can only put out so much energy. Therefore, being able to select a low gear to get yourself moving from a dead stop is very different than the higher gear required once you are moving and maintaining steady cruising speed. ....

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Genesis Celebrates Official Launch In China, Unveiling Its All-new Vision Of Automotive Luxury To Chinese Consumers


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Genesis announced its arrival in China with an extraordinary event, introducing the brand to a new generation of Chinese consumers seeking true distinction in luxury
Athletic Elegance, the distinctive Genesis design philosophy was showcased with an unveiling of the Genesis G80 and Genesis GV80
To deliver the unique Genesis Experience, a new business model will be introduced in China aiming to design authentic relationships with Chinese consumers
SHANGHAI, April 3, 2021 /PRNewswire/ Global luxury automotive brand Genesis marked its official entry into China with a spectacular Brand Night held on April 2 at Shanghai s International Cruise Terminal, where Genesis showcased its unique Genesis brand identity, design and experience philosophy. With a stunning drone show titled the Genesis of Genesis sweeping over the Bund, Genesis signified its exceptional beginning in the Chinese market. ....

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Applus Team Working 24/7 On Systems Outage


Applus Team Working 24/7 On Systems Outage
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SHREWSBURY, Mass., April 3, 2021 /PRNewswire/
 Applus Technologies, Inc., provides the following update on the status of restoring full operations for the Massachusetts Vehicle Check program.
Applus Technologies, Inc. continues to work through phase one of a very deliberate and methodical three-phase process required to return the MA Vehicle Check program to full service. These phases are 1) Remediation, 2) Restoration and System Testing, and 3) Go-Live and Post- Go-Live Support. Applus technical, operations and third party experts continue to work around the clock (24/7) to resolve the systems outage and return testing to a safe and secure environment. Throughout these phases, Applus and the RMV are working together to ensure that every aspect is fully reviewed and evaluated for a safe and secure return to Program testing. ....

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Hertz Selects Equity Sponsor For Its Chapter 11 Exit


Hertz Selects Equity Sponsor For Its Chapter 11 Exit
Decision Has the Support of Holders of Over 85% of the Company s Unsecured Notes
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ESTERO, Fla., April 3, 2021 /PRNewswire/ Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ( Hertz or the Company ) announced today that it has selected an enhanced proposal from Centerbridge Partners, L.P., Warburg Pincus LLC, and Dundon Capital Partners, LLC (collectively, the Sponsorship Group ) to provide the equity capital required to fund Hertz s exit from Chapter 11, keeping the Company on track to conclude its Chapter 11 case in June 2021. The deal is reflected in definitive executed documents, including, (1) an Equity Purchase and Commitment Agreement, (2) a Plan Support Agreement, (3) a Bridge Financing Commitment for Hertz International Ltd., (4) an Amended Chapter 11 Plan of Reorganization (the Plan ), and (5) an amended Disclosure Statement (collectively, the Tran ....

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Rivian Will Go Where Even Tesla Doesn't Dare


Rivian Will Go Where Even Tesla Doesn’t Dare
Apr 04 2021, 9:38 AM
April 03 2021, 3:00 PM
April 04 2021, 9:38 AM
(Bloomberg) If — or, more likely, when — all the business books start to drop about Rivian Automotive Inc., at least one should be titled: Do All the Hard Things at Once. The young company is currently trying to finish a factory and three different vehicles, while planning a road trip to a Wall Street IPO. Apparently, Chief Executive Officer R.J. Scaringe was still getting a little too much sleep, because Rivian two weeks ago anno.
(Bloomberg) If — or, more likely, when — all the business books start to drop about Rivian Automotive Inc., at least one should be titled: ....

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