Growing Foundation Automotive buys dealerships in Texas
Foundation Automotive Corp. of Canada bought five franchised dealerships in Texas on Wednesday, including its first BMW store.
Bosch to acquire German mapping company in bid to boost automated driving development
Bosch says it will buy Atlatec, which creates high-resolution 3D maps for use in vehicles equipped with Level 3 or Level 4 automated technology. The company employs 25 people in Germany, Japan and the U.S.
Stellantis extends life of 2nd shift at Canada minivan plant
The automaker said on Thursday it will now knock the Windsor Assembly Plant down to a single shift at the end of June 2022 as opposed to the original plan, which called for an end to the second shift in “early spring.”
Cars.com posts Q4 net loss related to CreditIQ acquisition
Revenue rose 3.5 percent in the fourth quarter of 2021, and the company added dealership customers.
Why police departments are beginning to adopt electric cars
Small cities are beginning to add electric police interceptors to their fleets. So far, the cars are not only performing well under pressure, but they are saving money on fuel and maintenance.