IHS News Releases - Automotive

Automotive

  • IHS Markit PEG Engineering and Construction Cost Index October 2019
    10/30/19 10:00 am EDT
    U.S. construction costs increased once again in October, according to IHS Markit (NYSE: INFO) and the Procurement Executives Group (PEG). The current headline IHS Markit PEG Engineering and Construction Cost Index registered 58.5 in October, marking the 36th consecutive month that construction costs have increased. Both the materials and equipment and sub-contractor labor indexes indicated continued price increases, with readings of 57.3 and 61.6, respectively. Survey respondents reportedmore...
    English
  • 10/30/19 8:00 am EDT
    LONDON--(BUSINESS WIRE)--IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today said the company will announce financial guidance for fiscal year 2020 during a conference call and webcast at 4:30 p.m. ET on Tuesday, November 12, 2019. To hear the live event on November 12, visit the IHS Markit website at https://investor.ihsmarkit.com and log in at least 15 minutes prior to the start of the webcast. A replay of the call and webcast will be availablemore...
    English
  • 10/29/19 10:00 am EDT

    First distressed trade closed in 10 days using ClearPar, compared to 67-day average

    NEW YORK--(BUSINESS WIRE)--IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that ClearPar has introduced electronic trade settlement to the distressed leveraged loan market. Deutsche Bank was the first to close a trade using the new technology. Parties to distressed loan trades manage lengthy legal due diligence reviews, document production and trade closing manually. As a result, the average settlement time for distressed loans inmore...
    English
  • 10/29/19 9:19 am EDT
    SOUTHFIELD, Mich.--(BUSINESS WIRE)--The fleet of light vehicles in operation in the U.S. hit a record level earlier this year of more than 278 million vehicles and will grow 6% over the next 5 years, according to IHS Markit (NYSE:INFO), a world leader in critical information, analytics and solutions. In addition, the average age of light vehicles in the U.S. has risen to 11.8 years due to better technology and vehicle quality improvements, providing a robust business pipeline for aftermarketmore...
    English
  • 2019 October Paychex IHS Markit Small Business Employment Watch
    10/29/19 8:30 am EDT

    Paychex | IHS Markit Small Business Employment Watch shows small business hourly earnings growth hit 3.00 percent in October

    The tight labor market positively impacted wage growth in October, according to the latest Paychex | IHS Markit Small Business Employment Watch. Hourly earnings are on the rise, reaching 3.00 percent ($0.80) growth in October. Additionally, after hovering just above two percent to start the year, weekly earnings growth has quickly improved to 3.36 percent as month-to-month gains grow larger. At 98.14, the national jobs index remains essentially the same as last month (98.22). “There wasmore...
    English
  • 10/22/19 11:30 am EDT
    NEW YORK (October 22, 2019) – IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced it is now offering brokers and other asset managers a comprehensive solution for cost basis calculation and reporting in alliance with Scivantage.When assets like stocks are sold, resulting in a gain or loss, brokers are required to report basis and holding period information to the selling shareholder and the IRS via Form 1099-B.  The latest challengemore...
    English
  • 10/22/19 8:58 am EDT
    LONDON and HONG KONG (October 22, 2019) – IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced the formation of a joint venture with Hundsun Technologies (Hundsun) to deliver a new, end-to-end electronic bookbuilding solution for bond syndication in mainland China.The joint venture, to be incorporated in Hangzhou, unites IHS Markit’s global, leading electronic bond syndication platforms with Hundsun’s domestic market expertise andmore...
    English
  • 10/21/19 8:30 am EDT
    LONDON--(BUSINESS WIRE)--IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced the appointment of Deborah Orida as an independent director to its board and the retirement of Richard Roedel from the board. Ms. Orida’s appointment increases the size of the IHS Markit board to 12 directors. Ms. Orida will also serve on the Human Resources committee of the board. Ms. Orida is Senior Managing Director & Global Head of Active Equities atmore...
    English
  • 10/21/19 6:00 am EDT
    LONDON--(BUSINESS WIRE)--IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that it is using advanced analytics to more than double the number of companies covered by its Dividend Forecasting service. The expanded global service covers an unparalleled 28,000 stocks in more than 90 markets, providing up to five years of dividend forecast data for each stock covered. “Combining cutting edge analytics with our more than 15 years of Dividendmore...
    English
  • 10/17/19 8:30 am EDT
    NEW YORK--(BUSINESS WIRE)--IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that it has completed the sale of Data Logic Services to Access, the leading, privately-held records and information management services provider. Based in Houston, Data Logic Services provides storage and records management for firms in the energy industry. Its expertise includes data management, database integration, document archiving, cataloging, scanningmore...
    English