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Newsby StaffAugust 23, 2018

Element Invests in Amerit's Maintenance Services

Amerit Fleet Solutions closed a minority investment from Element Fleet Management Corp., which will expand its maintenance services for customers of the fleet management company.

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Newsby StaffJuly 24, 2018

Ford Investing $4B in Autonomous Vehicles

Ford Motor Co. has established a new self-driving-vehicle business unit, and will invest $4 billion through 2023 to better organize and accelerate its efforts to commercialize autonomous vehicles, Ford has announced.

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Newsby StaffJuly 12, 2018

Car Inc. Invests $81M in Hong Kong EV Manufacturer

In 2015, FDG Electric Vehicles received permits from China’s National Development and Reform Commission to manufacture battery-electric vehicles.

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NewsFebruary 28, 2018

Denso Invests $190 Million in Tennessee Manufacturing Hub

Denso has invested $190 million in its Athens, Tennessee, facility to expand the supplier’s operations in North America.

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NewsFebruary 23, 2018

Chinese Automaker Geely Buys Substantial Stake in Daimler

Chinese auto manufacturer Geely Holding has purchased a $9 billion stake in Daimler AG, making it the largest investor in the German automaker, according to a report in Bloomberg.

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NewsJanuary 20, 2018

Ford Investing $11B in Vehicle Electrification

Ford will invest $11 billion in vehicle electrification, and plans to expand its current electrified vehicle portfolio to a total of 40 vehicles.

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NewsJanuary 10, 2018

Toyota, Mazda Choose Alabama for Site of New Plant

Toyota and Mazda have selected Huntsville, Ala., as the site for their joint-venture manufacturing plant, which represents $1.6 billion investment that Mazda and Toyota plan to make with equal funding contribution.

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NewsNovember 10, 2017

Swedish Telematics Startup Automile Raises $34M

Automile has developed a vehicle tracker that allows customers to collect data on mileage, trips, and routes.

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NewsNovember 9, 2017

Ford Invests $220M in South Africa Plant

The expansion is aimed toward increasing production of the Ranger Raptor pickup truck, which the Silverton plant manufactures alongside the Everest SUV.

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NewsAugust 4, 2017

Toyota, Mazda to Fund $1.6B Plant

The plant is a $1.6 billion investment, with equal funding contributions between both parties. The estimated annual production capacity of the plant is approximately 300,000 units. The plant is also predicted to create an estimated 4,000 jobs.

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