automotive

Cazoo Expands to Commercial Vehicles With Vans365 Acquisition
Cazoo Expands to Commercial Vehicles With Vans365 Acquisition
October 18, 2021  |  Retail

U.K.-based online used car seller Cazoo on Monday (Oct. 18) announced that it has agreed to acquire Vans365 in a move that expands the company’s...

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Car Rental Demand Prompts Hertz To Try Again For IPO
Car Rental Demand Prompts Hertz To Try Again For IPO
October 17, 2021  |  IPO

Car rental firm Hertz exited bankruptcy in June and filed new paperwork with the Securities and Exchange Commission (SEC) for an initial public offering (IPO)...

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Connected Car Weekly: ‘Eye-Opening’ Telematic Insights and Garage Door Control From Anywhere
Connected Car Weekly: ‘Eye-Opening’ Telematic Insights and Garage Door Control From Anywhere
October 15, 2021  |  Innovation

Like other tech enthusiasts, drivers are also now looking forward to receiving the latest feature or software update for their other connected device — their...

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Chip Shortage Forces Toyota to Scale Back Production
Chip Shortage Forces Toyota to Scale Back Production
October 15, 2021  |  Retail

Toyota Motor Corp. on Friday (Oct. 15) announced scheduled shutdowns of its Japan production plants in November from one to five days, blaming the ongoing...

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Automotive SaaS Firm MotorK Preps $173M IPO 
Automotive SaaS Firm MotorK Preps $173M IPO 
October 15, 2021  |  IPO

MotorK, an Italian Software-as-a-Service (SaaS) company serving car dealers, is preparing to go public with an initial public offering (IPO) that could value the firm...

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From Safety Monitoring to Driver Coaching, Fleet Telematics Offer ‘Eye-Opening’ Insights
From Safety Monitoring to Driver Coaching, Fleet Telematics Offer ‘Eye-Opening’ Insights
October 13, 2021  |  Innovation

A growing number of tools are available to help fleet managers monitor their drivers’ safety practices. These telematics-based systems enable managers to see in real...

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Digital Car Platform Vroom Acquiring United Auto Credit for $300M
Digital Car Platform Vroom Acquiring United Auto Credit for $300M
October 12, 2021  |  Partnerships / Acquisitions

Online automobile eCommerce startup Vroom is moving to acquire automotive finance firm United Auto Credit Corporation (UACC) for $300 million in an all-cash transaction, according...

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Prospect Of Recurring Billing Revenue Drives Automakers’ Investment In Connected Services
Prospect Of Recurring Billing Revenue Drives Automakers’ Investment In Connected Services
October 10, 2021  |  Commerce Connected

When General Motors announced Wednesday (Oct. 6) that connected services will play a large role in its plans to double its revenue by 2030, the...

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Connected Car Weekly: Automakers Ramp up Subscriptions, Payments and Repair Appointments 
Connected Car Weekly: Automakers Ramp up Subscriptions, Payments and Repair Appointments 
October 08, 2021  |  Innovation

It was a big week for in-car connected services subscriptions, with General Motors going all-in by forming a digital business team and announcing that growing...

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