Morrie"s acquires 6 Wis. dealerships
Morrie's Auto Group acquired the dealerships from Brenengen Auto Group. The deal brings Morrie's footprint to 20 rooftops in Minnesota and Wisconsin......»»
Lithia makes 2023 revenue progress with 14-store deal
Lithia Motors said it has acquired dealerships representing $3.2 billion in annual revenue so far in 2023. The auto retailer anticipates that figure being $4 billion by year end......»»
Virtana acquires OpsCruise to help users manage complex modern environments
Virtana acquired cloud observability platform, OpsCruise, a purpose-built cloud-native, and Kubernetes observability platform. OpsCruise’s solution empowers ITOps/DevOps/SRE teams to predict performance degradation and pinpoint its cause. This.....»»
Lithia Motors buys 14 car dealerships from Priority Auto Group
Auto retail giant Lithia Motors Inc. confirmed that it purchased the majority of Priority Auto Group's dealerships in Virginia. The deal did not include the group's two Lexus stores......»»
AutoNation buys Stellantis, Subaru, Volkswagen, Mazda and Hyundai dealerships in California
AutoNation purchased five dealerships from Bob Baker Auto Group near San Diego. The stores operate within Carlsbad Car Country auto mall......»»
Automation giant ABB acquires smart home device maker Eve
Eve Systems, the maker of numerous smart home devices that support HomeKit, has been acquired by automation and electrification firm ABB.Eve MotionConfirmed by ABB on Monday, the purchase of the German Eve Systems brings the company under the ownersh.....»»
Apple acquires B2B AR startup Mira
A day after Apple unveiled its first-generation MR headset, Vision Pro, the world's largest company by market value made another acquisition by buying AR startup Mira......»»
New Texas partnership buys Stellantis, GM and Kia dealerships
A veteran auto retail executive and Kia dealership general manager have bought three dealerships in Texas in a new partnership......»»
Ed Morse Automotive bolsters Illinois footprint
Ed Morse Automotive Group further bolstered its domestic brand store offerings with the purchase of three Illinois dealerships in two May acquisitions......»»
Multiple Stellantis dealerships and a Kia store sell in Q1, Q2 deals
Two auto retailers ranked among Automotive News' top 150 dealership groups completed second-quarter acquisitions, while a regional group and a pair of partners also expanded in deals this year......»»
Maserati, Alfa Romeo, Mazda, Volvo and domestic dealerships sell
Two auto retailers in top 150 dealership groups, including publicly traded Sonic Automotive, completed second-quarter transactions, while a pair of growing regional groups also expanded......»»
Onfido acquires Airside to boost identity verification for individuals and businesses
Onfido acquired Airside Mobile to deliver user-controlled, shareable digital identity designed with data privacy and time-saving convenience at its core. Airside’s shareable digital identity technology has been used by over 10 million travelers and.....»»
11 charged with stealing cars from 26 dealerships in Ohio
At one dealership, prosecutors said, some of the suspects gave a salesperson their real names while casing the showroom before stealing from it the same night......»»
Toyota, Ford and Stellantis dealerships sell across 4 states
Two auto retailers on the top 150 dealership groups list made first- and second-quarter acquisitions, while a business that is part of a company best known for owning the Minnesota Twins also made a first-quarter purchase......»»
Tekion"s big dealership experiment is a big win
Tekion, in an unusual move, purchased two Gilroy, Calif., dealerships in 2020 and used them to test its dealership management system and iron out any kinks. Executives say the plan succeeded beyond expectations......»»
Infineon acquires TinyML startup Imagimob to strengthen embedded AI offering
Infineon Technologies announced on May 16 the acquisition of Sweden-based startup Imagimob AB, a platform provider for machine learning solutions for edge devices. With this acquisition Infineon advances its position to offer a world-class ML solutio.....»»
Gilchrist Automotive expands with 3 acquisitions
The auto retailer purchased four dealerships in three deals this year to grow in Oklahoma and Texas......»»
Sutherlin group buys Lexus-Toyota car dealership, sells 3 stores
Sutherlin Automotive Group sold three dealerships in Georgia last month and reentered another Southeastern state on Monday......»»
BYD acquires another plot in Guangdong to establish automobile industrial park
China-based BYD took a step forward to build an automobile industrial park in Guangdong. The Shenzhen government announced on May 15 that the EV maker obtained an over-520,000-square-meter plot with CNY376 million (US$5.4 million), the fifth it has g.....»»
IBM acquires Polar Security to address the growing shadow data problem
IBM has acquired Polar Security, an innovator in technology that helps companies discover, continuously monitor and secure cloud and SaaS application data – and addresses the growing shadow data problem. This news marks IBM’s 5th acquisition in 2.....»»
Leslie Doggett Industries" automotive retail arm expands in Texas
Leslie Doggett Industries has expanded its auto retailing division, Doggett Automotive Group, with the purchase of three dealerships in Texas......»»