automotive

Toyota’s Self-Driving Unit Acquires US Mapping Firm Carmera
Toyota’s Self-Driving Unit Acquires US Mapping Firm Carmera
July 14, 2021  |  Partnerships / Acquisitions

Toyota’s self-driving unit, Woven Planet, will now have the benefit of more software mapping through its acquisition of U.S. mapping startup Carmera, the Financial Times...

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Wejo Launches New Connected Vehicle Data Project With Microsoft
Wejo Launches New Connected Vehicle Data Project With Microsoft
June 29, 2021  |  Commerce Connected

Automotive data startup Wejo announced it has joined forces with Microsoft, Palantir and Sompo Holdings on a new connected vehicle data project. Get the Full...

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Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
June 29, 2021  |  Retail

In the post-pandemic economy, prices of used cars have been rising. In part that’s due to commuters fearful of COVID-19 looking to stay away from...

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Mister Car Wash Goes Public With $15-Per-Share IPO
Mister Car Wash Goes Public With $15-Per-Share IPO
June 25, 2021  |  IPO

Mister Car Wash announced the pricing of its initial public offering (IPO) on Friday (June 25), with the nationwide chain of car washes offering 37.5...

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Self-Driving Tech Company Pony.ai Considers Going Public
Self-Driving Tech Company Pony.ai Considers Going Public
June 25, 2021  |  IPO

Pony.ai, a self-driving tech firm backed by Toyota, is mulling going public to help finance its goal of commercializing driverless ride-hailing, Reuters reported on Friday...

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High Demand For Used Cars Drives CarMax To Record Quarter
High Demand For Used Cars Drives CarMax To Record Quarter
June 25, 2021  |  Retail

CarMax, the largest used car dealership chain in the U.S., is seeing a bright future, reporting record quarterly results amid the company’s push to expand...

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Outdoorsy Raises $120 Million As RV Rentals Soar
Outdoorsy Raises $120 Million As RV Rentals Soar
June 24, 2021  |  Investments

RV rental and outdoor rental marketplace Outdoorsy has raised $120 million in equity and debt financing, a press release says. Get the Full Story Complete...

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China’s WeRide Raises $310M At $3.3B Valuation From Nissan, Others
China’s WeRide Raises $310M At $3.3B Valuation From Nissan, Others
June 23, 2021  |  Investments

China’s autonomous vehicle startup WeRide got a $310 million infusion of capital from investors, including the National Investment Fund and Alliance Ventures — the investment...

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Amazon Eyes Investing In Autonomous Truck Firm Plus
Amazon Eyes Investing In Autonomous Truck Firm Plus
June 21, 2021  |  Amazon

Amazon has put in an order for 1,000 autonomous driving systems from Plus, a self-driving tech startup, Bloomberg reported. Get the Full Story Complete the...

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