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Newsby StaffJuly 20, 2020

Merged FCA and PSA to be Named 'Stellantis'

FCA and PSA announced that the corporate name of their new group from a split merger will be "Stellantis," following a Combination Agreement announced in December 2019.

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Newsby StaffJuly 1, 2020

Amazon Acquires Autonomous Ride-Hailing Group

Zoox started in 2014 with the vision of purpose-built, zero-emissions vehicles designed for autonomous ride-hailing, along with an end-to-end autonomy software stack.

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Newsby StaffMay 13, 2020

Omnitracs Acquires VisTracks

This acquisition builds on the Omnitracs One platform vision and further enhances the company’s device agnostic hardware and OEM strategy.

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Newsby StaffMay 6, 2020

Neste Acquires Mahoney Environmental

Neste, one of the world’s leading producers of renewable fuels, has announced the closing of its acquisition of its largest single investment in the U.S. to date.

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Newsby StaffApril 6, 2020

Unique Truck Equipment Acquires Universal Step

Unique Truck Equipment of Grand Rapids Mich., has purchased the assets and intellectual property from Universal Step Inc. of Lebanon, Mo.

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Newsby StaffApril 6, 2020

Summit Truck Group Acquires Isuzu Franchise

Summit has incorporated the Isuzu sales, parts, and service offerings into the existing Summit of Springfield MO International Truck dealership.

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Newsby StaffFebruary 27, 2020

Reading Truck Group Announces Acquisition of Action Fabrication & Truck Equipment, Inc.

Reading Truck Group acquired substantially all of the assets of Action Fabrication & Truck Equipment Inc. and its affiliates. Action is a regional manufacturer and upfitter of service utility truck bodies and specialty truck equipment bodies, with facilities located in Florida.

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Newsby StaffFebruary 19, 2020

Bendix Acquires R.H. Sheppard frm Wabco

WABCO Holdings Inc., has entered into a definitive agreement to sell R.H. Sheppard Co., Inc. to Bendix Commercial Vehicle Systems LLC for $149.5 million.

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Newsby StaffFebruary 4, 2020

Lytx Receives Largest-Ever Investment

A company backed by the Permira funds and co-investors have entered into a definitive agreement to acquire a majority stake in Lytx.

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Newsby StaffFebruary 3, 2020

Spartan Sells Emergency Response Unit, Adjusts Focus

Spartan Motors Inc. announced the sale of its Emergency Response segment to REV Group Inc. The sale is intended to help Spartan focus on its commercial, fleet, delivery, and specialty vehicles markets.

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