investment
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News
McLaren receives investment from Saudi Arabia, Bahrain
McLaren late last week said it received 550 million British pounds (approximately $760 million) in a recent round of funding,…
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News
CRM provider Activix gets investment from Trader to speed-up growth
CRM solutions provider Activix received a strategic investment from Trader Corporation that will help the company move its product development…
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News
Electric Explorer, 2 EV platforms part of Ford’s $30B investment on electrification
Ford provided an update on its electrification plans during an investor presentation held online on Wednesday, and tucked away in…
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News
2023 BMW X7, Bugatti La Voiture Noire, Beckham’s EV investment: Today’s Car News
BMW’s X7 will soon be updated to match the radical new look pegged for the next-generation 7-Series. Spy shots of…
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News
Stellantis pledges 10-year investment for each of its brands
With the merger between Fiat Chrysler Automobiles and France’s PSA Group to form Stellantis completed in January, everyone remains eager…
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News
Hyundai announces $7.4B investment in US for EV production, future mobility
Hyundai Motor Group, which covers the Hyundai, Genesis and Kia brands, on Thursday announced a $7.4 billion investment in the…
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News
Fisker Project Pear, Acura TLX Type S, Hyundai $7.4B US investment: Today’s Car News
Fisker has teamed up with Foxconn, the Taiwanese contract manufacturer famous for making iPhones for Apple, to jointly develop an…
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Technology
Dealers want post-pandemic investment in IT, not showrooms
What the post-pandemic dealership looks like is anyone’s guess, but Canada’s auto retailers know it will be different: Likely smaller…
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