automotive

Advance Auto Parts Sales Growth Continues  
Advance Auto Parts Sales Growth Continues  
November 16, 2021  |  Retail

Car parts retailer Advance Auto Parts, Inc. on Monday (Nov. 15) reported that net sales for the third quarter were up 3.1% to $2.6 billion,...

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Selling Connected Car Data is Booming Business for Auto Insurers
Selling Connected Car Data is Booming Business for Auto Insurers
November 15, 2021  |  Commerce Connected

Simply put, the connected car data sharing business is hot and growing. This at a time when the data cars and drivers’ smartphones generate is being used in many new ways....

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Ship.Cars, Montway Partner Ahead of Used Car Week 
Ship.Cars, Montway Partner Ahead of Used Car Week 
November 12, 2021  |  Partnerships / Acquisitions

The automotive transport company Ship.Cars has formed a partnership with the logistics brokerage Montway Auto Transport.   The two companies announced the union in a news...

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Connected Car Weekly: Auto Insurers and Fleets Use Telematics Data to Make Better Decisions 
Connected Car Weekly: Auto Insurers and Fleets Use Telematics Data to Make Better Decisions 
November 12, 2021  |  Commerce Connected

This week’s news about connected cars has to do with using data to save, spend or make money. For example, owners of Mitsubishi cars can now share data...

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To Tame Supply Chain Challenges, Fleets Turn to Connected Vehicle Solutions 
To Tame Supply Chain Challenges, Fleets Turn to Connected Vehicle Solutions 
November 11, 2021  |  Transportation

When commercial drivers are on the job, many use mobile tech services not just for their phones, but also as part of a fleet management...

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Don’t Like Factory-Installed Apps and Software? Truck Maker Freightliner Says Bring Your Own
Don’t Like Factory-Installed Apps and Software? Truck Maker Freightliner Says Bring Your Own
November 10, 2021  |  Subscriptions

Owners of Freightliner Cascadia big rigs can now equip them with their choice of software and apps, using the new Virtual Vehicle subscription service announced...

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Rivian’s Upsized IPO Could Be the Biggest Since Facebook
Rivian’s Upsized IPO Could Be the Biggest Since Facebook
November 10, 2021  |  IPO

Rivian Automotive opened Wednesday (Nov. 10) on Nasdaq under the ticker symbol RIVN, floating 153,000,000 shares of Class A common stock at an initial public...

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Aiming to Invest in New Technology, Hertz Announces Pricing of Upsized Public Offering
Aiming to Invest in New Technology, Hertz Announces Pricing of Upsized Public Offering
November 09, 2021  |  IPO

Car rental giant Hertz is continuing to move past its pandemic-driven bankruptcy with an upsized public offering and a slew of plans to remain a...

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Indian Car Rental Startup Zoomcar Snags $92M
Indian Car Rental Startup Zoomcar Snags $92M
November 09, 2021  |  Investments

India-based car rental startup Zoomcar recently raised $92 million in a sale of shares or bonds to pre-selected investors and institutions, according to a Tech...

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