Cazoo Sells Cazana Data Platform
LONDON & NEW YORK–(BUSINESS WIRE)–Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or the “Company”), the UK’s leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has sold its third party data platform, Cazana, for an undisclosed sum. The disposal aligns with Cazoo’s strategy to focus on […]
Advance Auto Parts Named Official Sponsor of Checkered Flag for NTT INDYCAR® SERIES
Advance receives primary branding on checkered flag used at all 17 INDYCAR® races in 2023, including Indianapolis 500®; Advance also becomes official automotive aftermarket retail partner of INDYCAR, Indianapolis Motor Speedway® RALEIGH, N.C.–(BUSINESS WIRE)–Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider, today announced a multiyear agreement to become the official sponsor of […]
Software architects: Mercedes-Benz previews its operating system MB.OS
Building a proprietary system: The Mercedes-Benz Operating System (MB.OS) is a new purpose-built chip-to-cloud architecture that will be central to every future product, delivering exceptional software capabilities and delighting customers with its ease of use Partnering with innovation leaders: New strategic collaboration to give Mercedes-Benz customers embedded access to Google features and maps; further partnerships […]
Luminar and Mercedes-Benz Announce Broad Deal Across Next-Generation Production Vehicle Lines
Expanding partnership and volumes by more than an order of magnitude to a broad range of consumer vehicles ORLANDO, Fla. & STUTTGART, Germany–(BUSINESS WIRE)–$LAZR–Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced today a sweeping expansion of its partnership with Mercedes-Benz to safely enable enhanced automated driving capabilities across a broad range of next-generation […]
Gauge, an Online Auction for Dealers to Buy Used Vehicles From Private Sellers, Closes $5.3M Seed Round
SALT LAKE CITY–(BUSINESS WIRE)–Gauge, an online auction for dealers to buy vehicles directly from consumers, announced today that it closed an oversubscribed $5.3 million seed round led by Maniv Mobility, with participation from other mobility and marketplace investors including Proeza Ventures and FJ Labs. Gauge will use this round to expand into new cities while […]
Returned at Last: $3.5 million of stolen Toronto vehicles rescued from shipping containers bound for Malta
Image courtesy of the York Regional Police, Auto Cargo Theft Unit. Ottawa, Ontario — An outgoing shipment of stolen vehicles is on the way back home to their owners, with 64 vehicles valued at $3.5 million being repatriated with the assistance of the Canada Border Service Agency (CBSA) and the Malta Port Authority. According to […]
Record Revenues: Driven Brands reports 39 percent increase in 2022 revenues
Charlotte, North Carolina — Driven Brands is reporting growth in its full-year 2022 and Q4 2022 financial results, announced Wednesday morning. For the whole of 2022, Driven Brands reported 39 percent increases in revenue, which grew to US$2 billion driven by same-store sales and location acquisitions, said the company. The company’s paint, collision and glass […]
Bubble Buddy: WhistlinDiesel demos vehicle protection dome with miscellaneous projectiles
Toronto, Ontario — Your techs may soon be playing with bubbles on the production floor, should they find inspiration from an eye-catching product demo video making its rounds on LinkedIn. The CarCapsule by WhistlinDiesel, dubbed “the original car bubble”, is an inflatable car storage protection system designed to protect vehicles from “every last hurtful germ […]
Technical Velocity: AI claims processing up 180 percent over last three years, CCC says
Chicago, Illinois — In an insurer artificial intelligence (AI) adoption report, CCC Intelligent Solutions says that AI claims processing has risen by 60 percent a year, for the past three years. This follows a claim by the tech company that more than 14 million claims have been processed with a CCC AI system, which indicated […]
