While Toyota has been slow to introduce all-electric vehicles, it’s easy to forget that the Japanese automaker continues to be a leader in hybrids, plug-in hybrids, and hydrogen cars. The automaker may only have one EV on sale with the bZ4X, but Toyota has plans to introduce 10 new EVs and sell 1.5 million electric…
Category: Automotive Deals
Auto Software Firm LeddarTech Reaches Deal to Go Public Via SPAC
(Bloomberg) — LeddarTech Inc., an automotive software company, is going public through a merger with a blank-check company led by Qualcomm Inc.’s former president. Most Read from Bloomberg The deal with Prospector Capital Corp. will give LeddarTech a pro forma equity value of $348 million, according to a statement on Tuesday that confirmed a Bloomberg…
Esports Automotive Deals : team vitality 3
Team Vitality is partnering with automotive brand KIA for a new two-year deal that revolves around content creation. The primary focus of this initiative centers around the immensely popular game League of Legends while also encompassing KIA’s role as the official supplier for Team Vitality’s LFL and LEC rosters. While specific details regarding the content…
Stellantis and Vulcan sign a deal for French geothermal projects
Stellantis has signed a new agreement with Australia-listed lithium supplier Vulcan Energy Resources aiming to help decarbonize its European operations, the two groups said. As global demand for electric-vehicle batteries rises, Stellantis has signed deals with multiple miners to secure key minerals, including with Vulcan, in which the automaker is now the second largest investor….
Most Expensive Toyota Grand Highlander Costs Nearly $60k
Automakers can’t have one three-row SUV anymore. They need to have multiple options that fill in the tiny gaps within their lineups. For Toyota, there was a substantial hole between the midsize Highlander and the large Sequoia. With the launch of the all-new 2024 Toyota Grand Highlander, Toyota has filled that gap. For consumers who…
M&A activity related to electric vehicles will decrease in the automotive industry in 2023
In value terms, electric vehicles-related deal activity increased by 425% in Q1 2023 compared with the previous quarter’s total of $419.2m and fell by 16% as compared to Q1 2022. Related deal volume decreased by 23% in Q1 2023 versus the previous quarter and was 19% lower than in Q1 2022. The top-ranked financial advisors…
Best New Car Deals for Memorial Day 2023
The cars listed below—all 2023 models—appear in descending order of the potential savings off the manufacturer’s suggested retail price. To show specific pricing examples, we highlighted specific, popular versions. The potential savings span from 10 percent to 6 percent off the original MSRP—and this often holds true across the model range. There are typically regional…
There Are New Car Deals to Be Had This Memorial Day
For the past few years, new-car prices have obviously been climbing, so it’s nice to learn that there are some traditional Memorial Day deals out there this year. With the pandemic fading away and the related supply-chain problems sorting themselves out, we’re back to perks like low financing offers and factory discounts. The best deals…