BizLizzy Reporter, Author at Business, Science & Industry News - Page 669 of 1807

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VW said to be exploring potential $100B Porsche IPO to help fund EV, AV shift
Auto December 7, 2021 , by BizLizzy Reporter
The Porsche and Piech families would reduce their stake in VW to take direct control of the […]
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Sonic completes $700M acquisition of RFJ Auto Partners
Auto December 7, 2021 , by BizLizzy Reporter
Sonic’s $700 million acquisition of RFJ Auto Partners Holdings Inc. bolsters its presence in Texas but also […]
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GM's BrightDrop opens first dealership
Auto December 7, 2021 , by BizLizzy Reporter
Chevrolet-Buick-GMC dealer Mike Caposio will run the Southern California store. Read More
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GM to invest $50M in casting plant for Silverado EV
Auto December 7, 2021 , by BizLizzy Reporter
The plant in Bedford, Ind., will build drive unit castings for the Chevy Silverado EVs and other […]
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Asbury buys Colo. dealership group Stevinson
Auto December 7, 2021 , by BizLizzy Reporter
Asbury Automotive added eight dealerships in the Denver area and $715 million in annual revenue by closing […]
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Lithia buys 3 dealerships from Elder Automotive
Auto December 7, 2021 , by BizLizzy Reporter
The three Ford stores in Florida and Michigan are expected to generate $425 million in annual revenue. […]
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Musk blasts Biden's EV tax credit legislation
Auto December 7, 2021 , by BizLizzy Reporter
Musk’s stance would seem to be in conflict with Tesla’s stated mission: to accelerate the world’s transition […]
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Intel to take Mobileye unit public in 2022 IPO
Auto December 7, 2021 , by BizLizzy Reporter
Intel Corp. plans to list shares of its Mobileye self-driving car business by the middle of next […]
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Ford to launch subscription-based field service tool for small businesses
Auto December 7, 2021 , by BizLizzy Reporter
The tool, called Viizr and built on Salesforce software, is meant to help small businesses improve efficiency […]
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Morrie's expands into Michigan, buys two Ford dealerships
Auto December 7, 2021 , by BizLizzy Reporter
Grand Ledge Ford-Lincoln and Merrill Okemos Ford, both in the suburbs of Lansing, Mich., were acquired by […]
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GM's battery supplier LG Energy wants to raise up to $10.8 billion from IPO
Auto December 7, 2021 , by BizLizzy Reporter
LG Energy replaced its CEO in October and set aside $918 million to cover costs related to […]
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Stellantis says partnership with Foxconn will help bring chip supply stability
Auto December 7, 2021 , by BizLizzy Reporter
The partnership is critical as automakers grapple with a persistent shortage of semiconductors that control almost every […]