AutoNation’s growing portfolio of services is driving record results. The automotive retailer said in a Friday (Feb. 17) earnings release that it earned record revenue in the fourth quarter and full year 2022 in part by expanding the services, finance and transportation it offers customers....
AutoNation says it will expand its post-sale vehicle service offerings by acquiring mobile car repair platform RepairSmith. The $190 million deal, announced Monday (Dec. 12), is happening when many consumers are choosing to repair old cars instead of buying new ones, and car dealers are feeling pessimistic about their prospects....
In today’s top connected economy news, Parkopedia teams up with CarPay-Diem on in-car payment service expansion, while Amazon is planning to open brick-and-mortar retail stores. Plus, Catapult is rolling out a fitness tracker for athletes and coaches and RepairSmith snagged $42 million in funding. Parkopedia...
Full-service mobile auto repair and maintenance firm RepairSmith on Thursday (Aug. 19) announced it has raised $42 million in a Series B funding round from investors, including TI Capital, Mercedes-Benz, Porsche Ventures and Spring Mountain Capital. RepairSmith will use the money as part of its...
February 17, 2023
AutoNation’s growing portfolio of services is driving record results. The automotive retailer said in a Friday (Feb. 17) earnings release that it earned record revenue in the fourth quarter and full year 2022 in part by expanding the services, finance and transportation it offers customers. “We’ve made three key acquisitions that are focused on expanding […]
December 12, 2022
AutoNation says it will expand its post-sale vehicle service offerings by acquiring mobile car repair platform RepairSmith. The $190 million deal, announced Monday (Dec. 12), is happening when many consumers are choosing to repair...
August 19, 2021
Full-service mobile auto repair and maintenance firm RepairSmith on Thursday (Aug. 19) announced it has raised $42 million in a Series B funding round from investors, including TI Capital, Mercedes-Benz,...
