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General Automotive
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OCTO Telematics Launches New Telematics Solutions for Commercial Lines Insurance and Partners with TruckerCloud to Expand Data and Insights

BOSTON & ATLANTA--(BUSINESS WIRE)--OCTO, a global leader in telematics data analytics, and TruckerCloud, the leading commercial auto insurance telematics data platform, today announced a strategic partnership to accelerate telematics adoption across the US Commercial Auto market. Concurrently, OCTO is launching a line of high-granularity, in-vehicle installed telematics solutions purpose-built for Commercial Insurers. OCTO’s hardware delivers accurate DriveAbility® risk scoring, already approve...
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Haig Partners Serves as the Exclusive Advisor on the Sale of Metropolitan Ford, Freeway Ford and Suburban Chevrolet in the Minneapolis Market to Walser Automotive Group

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Haig Partners LLC, a leading buy-sell advisory firm to auto retailers, served as the exclusive advisor to Metropolitan Corp. (“Metropolitan”) on the sale of its Metropolitan Ford, Freeway Ford and Suburban Chevrolet dealerships to the Walser Automotive Group (“Walser”). The dealerships are all located in the Minneapolis, MN area. Grossman Family Dealership Group started over 100 years ago and has served tens of thousands of customers since then. It also o...
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ANV Completes Acquisition of Car Care Plan

NEW YORK--(BUSINESS WIRE)--ANV Group Holdings Ltd. (“ANV”), a global insurance intermediary platform, today announced that it has completed the acquisition of Car Care Plan (“CCP”) from AmTrust Financial Services, Inc. (“AmTrust”). CCP is the #1 provider of motor warranty in the United Kingdom and a market-leading warranty managing general agent (MGA). Since its founding in 1976, CCP has developed an international platform built on long-standing OEM relationships, specialized warranty expertise...
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Helios Technologies Extends History of Quarterly Dividends With 119th Consecutive Cash Dividend

SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) Extends History of Quarterly Dividends With 119th Consecutive Cash Dividend...
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SiMa.ai Reaches $1.45B Valuation with $500 Million in Total Funding to Scale Physical AI in Humanoids, Automotive, and Drones

SAN JOSE, Calif.--(BUSINESS WIRE)--SiMa.ai, a leader in Physical AI, today announced $150 million in Series C financing, bringing the total capital raised to $500 million and valuing the company at $1.45 billion. The round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital, Maverick Capital, +ND Capital, Point72, and StepStone Group. AllianceBernstein, Baron Capital, J.P. Morgan, and the State of Michig...
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PHINIA Publishes 2026/2027 Heavy-Duty and Off-Road Emission Standards Booklet with Greenhouse Gas Coverage

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, today announced the publication of its 2026/2027 Worldwide Heavy-Duty and Off-Road Emission Standards booklet, providing OEMs, engineers, policymakers, and other industry professionals with a practical reference to help navigate emissions requirements across global markets. Updated every two years,...
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POLYN Delivers First VibroSense™ TMS Engineering Sensor Nodes for Customer Evaluation

MUNICH--(BUSINESS WIRE)--Tires that tell the car how much grip they have can shorten braking distance by 12% on a wet road. POLYN enables that through its VibroSense TMS....
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Sur le marché canadien, VinFast contribue à instaurer la confiance envers les véhicules électriques d'occasion à l'instar des véhicules neufs

MARKHAM, Ontario--(BUSINESS WIRE)--Au Canada, les véhicules électriques d'occasion deviennent plus faciles à trouver, moins chers à l'usage et inspirent davantage confiance. À mesure que le marché arrive à maturité, la baisse des prix, la durée de vie des batteries et l'extension des garanties incitent davantage l'achat d'un véhicule d'occasion, tandis que VinFast rassure les acheteurs grâce à son programme de véhicules d'occasion certifiés. Le marché des véhicules électriques d'occasion devien...
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Asbury Automotive Group Celebrates Grand Opening of Herb Chambers Toyota of Boston

MEDFORD, Mass.--(BUSINESS WIRE)--Asbury Automotive Group Celebrates Grand Opening of Herb Chambers Toyota of Boston...
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VinFast Helps Bring New-Car Confidence to Canada’s Used EV Market

MARKHAM, Ontario--(BUSINESS WIRE)--Used EVs in Canada are becoming easier to find, cheaper to run and easier to trust. As the market matures, lower prices, battery longevity and longer warranties are strengthening the case for buying used, with VinFast adding confidence through its Certified Pre-Owned program. The used EV market is picking up speed in Canada, with electric vehicles now moving through the second-hand market faster than their gasoline counterparts. Clutch reported that used EVs s...