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Bridgestone to acquire TomTom’s telematics business for $1B in cash

Green Car Congress

Bridgestone Corporation announced that its subsidiary Bridgestone Europe NV/SA, has entered into an agreement with TomTom to acquire TomTom Telematics, its digital fleet solutions business, for a cash consideration of €910 million (US$1.034 billion). —Harold Goddijn, CEO, TomTom.

Fleet 186
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Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Green Car Congress

Zipcar now has more than 760,000 members (“Zipsters”), with a market-leading presence in 20 major metropolitan areas in the United States, Canada and Europe, and fleet positioned at more than 300 college and university campuses. The companies expect substantial synergies in fleet utilization. Source: Avis Budget. Click to enlarge.

Companies 218
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Is Your EV Charging Business Prepared to Scale?

Driivz

If your growth plans call for mergers and acquisitions, are you prepared to address the associated financial, legal, and operational challenges? First name * Last name * Company name * Corporate Email *. Will they be able to meet your growing demands and meet your needs for on-time delivery of features and resources? .

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EV Manufacturers Should Consider the Benefits of Powder Coatings

Clean Fleet Report

Parts with short life cycles last longer, and manufacturers waste less money on unnecessary repairs, maintenance and production. Excessive under-the-hood preventive maintenance decreases , and long-term wear from moisture and chemicals becomes less impactful. Why are they not yet the industry standard?