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Thursday, April 20, 2023 8:52:44 AM
Worksport Ltd. (NASDAQ:WKSP, WKSPW))))) (the "Company" or "Worksport") is excited to announce that its advanced, industry-leading folding soft tonneau covers for light-duty trucks are anticipated to be available in the next 4 weeks in a wide range of sizes and configurations to serve pickup trucks from nine automotive manufacturers: Chevrolet, Jeep, Dodge, RAM, Ford, Nissan, Honda, Hyundai, and Toyota through Worksport's ecommerce platform on www.worksport.com.
"When we say there is a Worksport cover for nearly every light truck, we mean it," said Worksport CEO, Steven Rossi. "This announcement of configurations for nine of the most widely sold pickups is another major achievement in the Company's year of milestones and reflects an incredible amount of dedicated work from the production staff. It is expected to be a significant opportunity for Worksport to reach a broad range of buyers with an essential product in a large and expanding automotive growth market."
For GMC, Worksport provides 14 covers for Chevrolet Silverado trucks and 4 covers for Chevrolet Colorado trucks. For the Stellantis brands, Worksport provides 2 covers for Jeep Gladiator trucks, 2 covers for Dodge Dakota trucks, and 10 covers for RAM trucks. Worksport's Ford lineup includes 21 configurations for the F-150 model—North America's best-selling light truck—along with the Super Duty, Ranger, and Maverick models.
For the Asia-based global automotive giants, Worksport has developed 11 distinct configurations for the Nissan Frontier and Titan brands, 14 units for the Toyota Tundra and Tacoma lines, 2 for the Honda Ridgeline series, and a distinctive cover for the Hyundai Santa Cruz.
"As the Company moves toward its long-anticipated goal of revenue growth, the impressive breadth of our line of patented and proprietary folding truck covers is expected to be another example of a promise fulfilled," said Rossi. "We said we hoped to serve many of the best-selling light trucks, and we have created a broad range of models for them. Light truck owners can be confident that whatever the size of their truck bed or brand they drive, there is a Worksport product to protect and cover their truck beds."
Worksport said it expects to announce new product developments for other brands and will keep investors updated as soon as that information is available.
My comments and implied views are provided for entertainment purposes. I am not a certified financial advisor, and I am not qualified to give financial advice. Please do your own due diligence and make your own decisions.
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